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PRESS DIGEST-British Business - May 13
May 13 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Britain’s biggest bakery chain, Greggs GRG.L, warned the Iran war could drive its costs higher into next ye...Reuters
17 hours ago
Bahamas prime minister re-elected in early election victory
WASHINGTON, May 12 (Reuters) - Bahamian Prime Minister Philip Davis and his ruling Progressive Liberal Party were re-elected on Tuesday, making him the first leader to be elected to a second consecutive term in nearly 30 years."The Bahamian people have spoken, and I receive their verdict with hu...Reuters
17 hours ago
Ahead of Trump visit China says capability to 'crush' Taiwan independence is 'unbreakable'
BEIJING, May 13 (Reuters) - China's resolve to oppose Taiwan independence is as firm as a rock and its capability to "crush" separatism is "unbreakable", the country's Taiwan Affairs office said on Wednesday ahead of the arrival of U.S. President Donald Trump to Beijing.Reuters
17 hours ago
BREAKINGVIEWS-Pay dispute backs Samsung into a tight corner
By Robyn Mak HONG KONG, May 13 (Reuters Breakingviews) - Samsung Electronics' 005930.KS will need to be more generous if it is to avoid falling behind again in the artificial intelligence race. The $1.2 trillion company, South Korea's largest employer, is under pressure to match a pledge ...Reuters
18 hours ago
Titomic Enters Scheme To Redomicile To United States
May 13 (Reuters) - Titomic Ltd TTT.AX:ENTERS SCHEME TO REDOMICILE TO UNITED STATESBOARD AND MANAGEMENT TEAM OF TITOMIC GROUP WILL REMAIN UNCHANGEDIF SCHEME BECOMES EFFECTIVE ALL ORDINARY SHARES IN TITOMIC LTD WILL BE TRANSFERRED TO TITOMIC, INC.TITOMIC'S BOARD OF DIRECTORS UNANIMOUSLY CONSIDERS ...Reuters
18 hours ago
Breeze Acquisition Corp. II Announces Pricing Of $125,000,000 Initial Public Offering
May 12 (Reuters) - BREEZE ACQUISITION CORP. II ANNOUNCES PRICING OF $125,000,000 INITIAL PUBLIC OFFERINGBREEZE ACQUISITION CORP. II: PRICED ITS IPO OF 12,500,000 UNITS AT A PRICE OF $10.00 PER UNITFurther company coverage: [ ]Reuters
18 hours ago
Investcorp Credit Management's Q3 net asset value per share falls, new investment activity tepid
OverviewThe U.S. business development company's fiscal third-quarter net asset value per share fell to $3.65Company reported net decrease in net assets from operations, with loss per share of $0.60ICMB reduced credit facility commitment and adviser waived fees to support liquidityOutlookCompany ...Reuters
18 hours ago
Nvidia's Jensen Huang to join Trump's China visit, sources say
By Laurie Chen and Karen FreifeldBEIJING/NEW YORK, May 13 (Reuters) - Nvidia NVDA.O CEO Jensen Huang will join over a dozen U.S. CEOs on President Donald Trump's visit to China this week, two sources familiar with the matter told Reuters on Wednesday.Huang did not appear on an initial list of ex...Reuters
18 hours ago
NBA-Jason Collins, first openly gay active NBA player, dies at 47
May 12 (Reuters) - Jason Collins, the first openly gay active player in the NBA, has died at the age of 47 after battling cancer, his family said on Tuesday.Collins revealed in September that he was undergoing treatment for a brain tumour and later disclosed he had stage four glioblastoma, an aggres...Reuters
19 hours ago
KKR-backed ambulance giant GMR Solutions raises $479 million in US IPO
May 12 (Reuters) - Emergency medical services provider GMR Solutions has raised $478.7 million in its U.S. initial public offering, the company said on Tuesday, after selling 31.9 million shares at $15 apiece.The Lewisville, Texas-based company, known as Global Medical Response, has secured a valu...Reuters
19 hours ago
Japan's 10-year bond yield hits 29-year high as inflation worries resurface
By Junko Fujita TOKYO, May 13 (Reuters) - Japan's 10-year government bond yield jumped to a fresh 29-year high on Wednesday as inflation worries returned after oil prices rose overnight and as market players weighed supply of new bonds in the coming weeks.The 10-year JGB yield JP10YTN=JBTC ro...Reuters
19 hours ago
GMR Solutions Inc. Announces Pricing Of Its Initial Public Offering
May 12 (Reuters) - GMR Solutions Inc GMRS.N:GMR SOLUTIONS INC. ANNOUNCES PRICING OF ITS INITIAL PUBLIC OFFERINGGMR SOLUTIONS INC - PRICING OF AN IPO OF 31.9 MILLION SHARES OF ITS CLASS A COMMON STOCK AT $15.00 PER SHAREReuters
19 hours ago
Trump Organization drops plan for first Australian skyscraper, blames partner
SYDNEY, May 13 (Reuters) - The Trump Organization said on Wednesday it abandoned a plan to build its first tower in Australia less than three months after signing the deal, citing an Australian partner's failure to meet certain financial obligations.The group signed in February with Altus Proper...Reuters
19 hours ago
Samsung Elec regrets collapse of pay talks with union, says to continue dialogue
SEOUL, May 13 (Reuters) - Samsung Electronics 005930.KS said on Wednesday it regretted the collapse of pay deal talks with its South Korean union, flagging concerns that it could heighten anxiety among employees, shareholders and the public.The company said it would continue efforts to prevent a wo...Reuters
19 hours ago
US Treasury's Bessent arrives in South Korea for trade talks with China's He ahead of leaders’ summit
INCHEON, May 13 (Reuters) - U.S. Treasury Secretary Scott Bessent arrived in South Korea on Wednesday to hold trade talks with Chinese Vice Premier He Lifeng ahead of a summit later this week between the leaders of the world's two biggest economies in Beijing.Reuters
19 hours ago
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