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South Korea is reviewing participation in Trump's 'Project Freedom, Newsis reports
SEOUL, May 5 (Reuters) - South Korea's Blue House said the presidential office is reviewing whether the country can participate in U.S. President Donald Trump's new push, which he has named "Project Freedom," to help stranded ships travel through the Strait of Hormuz, Newsis reported...Reuters
Tue, May 5
Biocon chair Kiran Mazumdar-Shaw identifies successor as Indian pharma firm plans transition
May 5 (Reuters) - Biocon founder Kiran Mazumdar-Shaw plans a gradual leadership transition over the next five years, with her niece Claire Mazumdar expected to take over as chair in a phased manner, she told Reuters. The succession plan was first reported by business magazine Fortune India in an int...Reuters
Tue, May 5
Taiwan won't give in to pressure, president says of Africa trip China denounced
Lai made surprise trip to Eswatini over weekendTaiwan blamed Chinese pressure for preventing earlier visitChina says Taiwan is one of its provincesOnly 12 countries have formal diplomatic ties with TaiwanBy Fabian Hamacher and Ann Wang TAOYUAN, Taiwan, May 5 (Reuters) - President Lai Ching-te arr...Reuters
Tue, May 5
Abivax Announces Repurchase Of Royalty Certificates And Pricing Of $45 Mln Offering Of American Depositary Shares
May 5 (Reuters) - Abivax SA ABVX.PA:ABIVAX ANNOUNCES REPURCHASE OF ROYALTY CERTIFICATES AND PRICING OF $45M (EUR 38.5M) OFFERING OF AMERICAN DEPOSITARY SHARESCASH RUNWAY REMAINS INTO Q4 2027OFFERING PRICE OF $111.57 PER ADSReuters
Tue, May 5
Kosmos Energy Q1 revenue falls short of analyst estimates
OverviewUS deepwater oil and gas producer's Q1 revenue missed analyst expectationsCompany reported a net loss and adjusted net loss for Q1Quarterly production hit record high, up 25% yr/yr, driven by GTA ramp-up and Jubilee wellsOutlookKosmos sees FY 2026 production at 70,000-78,000 boe per dayC...Reuters
Tue, May 5
Nexstim Receives Order From Children Hospital In U.S.
May 5 (Reuters) - Nexstim Oyj NXTMH.HE:NEXSTIM RECEIVES NBS 6 SYSTEM ORDER FROM CHILDREN’S HOSPITAL IN THE U.S.Source text: https://mfn.se/ind/a/nexstim/nexstim-receives-nbs-6-system-order-from-childrens-hospital-in-the-u-s-7bb1300fReuters
Tue, May 5
RPT-ANALYSIS-Trump's Germany troop cuts show limits of NATO efforts to keep US on board
Sudden move sparks new European concern about US commitmentEurope explores ways to convince Trump to keep US in NATORutte says Europeans honour deals on use of military basesBy Andrew Gray and Lili Bayer BRUSSELS, May 4 (Reuters) - European officials have been working on ways to convince Donald T...Reuters
Tue, May 5
RPT-Germany's Merz marks a year in office facing deep transatlantic crisis
Trump threatens to impose 25% tariffs on EU cars this weekWashington plans major US troop withdrawal from GermanyMerz faces domestic criticism over coalition disputes, economic woes and communication misstepsAnalysts and officials warn US moves undermine European security and trust in transatlantic ...Reuters
Tue, May 5
Poland - Factors to Watch May 5
WARSAW, May 5 (Reuters) - The following are significant news stories, press reports and events on Tuesday. ALL TIMES GMT (Poland: GMT + 2 hours):INTEREST RATESThe Polish Monetary Policy Council (MPC) begins its two-day meeting on interest rates on Tuesday. The MPC's decision will be announced on...Reuters
Tue, May 5
PRESS DIGEST-New York Times business news - May 5
May 5 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - U.S. President Donald Trump is considering the introduction of government oversight over new AI models. - Anthropic is tea...Reuters
Tue, May 5
International Petroleum Corp Says Q1 2026 Net Production 43,000 BOEPD
May 5 (Reuters) - International Petroleum Corp IPCO.TO:INTERNATIONAL PETROLEUM CORPORATION ANNOUNCES FIRST QUARTER 2026 FINANCIAL AND OPERATIONAL RESULTSINTERNATIONAL PETROLEUM CORP - Q1 2026 NET PRODUCTION 43,000 BOEPDINTERNATIONAL PETROLEUM CORP: FY 2026 AVERAGE NET PRODUCTION GUIDANCE RANGE MAINT...Reuters
Tue, May 5
PRESS DIGEST -Wall Street Journal - May 5
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - The U.S. Financial Industry Regulatory Authority (Finra) has opened an inquiry looking into unlicensed junior investment bankers at Morgan Stanley MS.N in...Reuters
Tue, May 5
FOCUS-China's carmakers chase 'Yaris moment' to ignite overseas growth
Chinese automakers designing more cars for overseas marketsExports vital amid weak domestic sales and industry overcapacitySmaller cars, such as hatchbacks, in development for EuropeBy Nick CareyBEIJING, May 5 (Reuters) - China's carmakers are hunting for their own "Yaris moment" - the k...Reuters
Tue, May 5
EXCLUSIVE-US prepared for visa sanctions on China over migrants issue, official says
Senior US official says China slowing repatriation of undocumented nationalsUS may impose stricter visa measures if China does not accept more deporteesChina has previously said it opposes illegal migration, cited need for cooperationBy Michael Martina WASHINGTON, May 5 (Reuters) - China is slowi...Reuters
Tue, May 5
BREAKINGVIEWS-Banks buying sovereign debt is lesser of two evils
By Jon Sindreu LONDON, May 5 (Reuters Breakingviews) - There are many reasons why making it easier for banks to buy even more government debt is a bad idea: it bends the knee to the financial lobby, increases vulnerability to fiscal risks and can topple mismanaged lenders when interest rates rise...Reuters
Tue, May 5
European investment banks stutter as Wall Street rivals power ahead
Europeans report weak or flat investment banking revenue as Wall Street soarsRegulatory changes giving US banks a competitive edge, Barclays CEO saysEuropean share of investment banking fees shrinks to just 20% in Q1 - LSEG dataBy Tommy Reggiori Wilkes, Mathieu Rosemain, Lawrence White and Elizabeth...Reuters
Tue, May 5
EXCLUSIVE-Tesla faces EU skepticism over automated-driving tech, records show
EU regulators voice safety concerns over FSD, including speeding and performance on icy roadsOfficials frustrated by Tesla's strategy of encouraging owners to pressure regulatorsDutch will present case for FSD to EU-wide committee this weekBy Marie Mannes and Chris Kirkham May 5 (Reuters) - T...Reuters
Tue, May 5
EXPLAINER-Tesla's road to Full Self-Driving approval in Europe
Dutch RDW provisionally approved Tesla FSD after 18-month testing, citing safety benefitsEU Motor Vehicle Technical Committee to review RDW findings, no immediate vote expectedEU-wide approval could follow committee vote, but individual countries may act independentlyBy Toby Sterling and Philip Blen...Reuters
Tue, May 5
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