News
Important Only
Blue Owl, Chirisa Technology Parks And Powerhouse Data Centers Announce Next Phase Of $5 Bln Joint Venture Development Partnership
May 28 (Reuters) - BLUE OWL, CHIRISA TECHNOLOGY PARKS AND POWERHOUSE DATA CENTERS ANNOUNCE NEXT PHASE OF $5 BILLION JOINT VENTURE DEVELOPMENT PARTNERSHIPReuters
Wed, May 28
Abercrombie beats quarterly sales estimates
May 28 (Reuters) - Abercrombie & Fitch ANF.N beat first-quarter sales estimates on Wednesday, as the apparel maker's move to introduce fresh styles such as printed jeans and dresses helped in drawing more shoppers to its brands.The company posted quarterly net sales of $1.10 billion, compare...Reuters
Wed, May 28
Finland's government proposes 994 million euro borrowing increase
COPENHAGEN, May 28 (Reuters) - Finland's government is proposing an increase in net borrowing of 944 million euros ($1.07 billion) for this year, the finance ministry said in a statement on Wednesday, citing the need for further investments in internal and external security.In its second supplem...Reuters
Wed, May 28
Tennis-Musetti makes light work of lucky loser to reach third round in Paris
By Julien PretotPARIS, May 28 (Reuters) - Italian Lorenzo Musetti eased into the third round of the French Open with a no-nonsense 6-4 6-0 6-4 victory against Colombian lucky loser Daniel Galan on Wednesday.The eighth-seeded Musetti's main trouble was intermittent rain on court Simonne Matthieu ...Reuters
Wed, May 28
Kremlin on Trump's 'playing with fire' comments: Putin puts national interests first
Trump: Putin 'playing with fire' as Moscow hit UkraineKremlin spokesman: National interests paramount for PutinPutin's aide: Trump is ill-briefed on Russia-Ukraine war MOSCOW, May 28 (Reuters) - The Kremlin, commenting on remarks by U.S. President Donald Trump that Vladimir Putin was ...Reuters
Wed, May 28
CORRECTED-ANALYSIS-Macron navigates rocky path to recognising Palestinian state
No decision taken but Macron favours Palestinian recognitionParis wants to create momentum as two-state solution dissipatesIsraeli lobbies to convince Paris to change course By John Irish PARIS, May 28 (Reuters) - French President Emmanuel Macron is leaning towards recognising a Palestinian st...Reuters
Wed, May 28
Morning News Call - U.S., May 28
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Wed, May 28
GSK, Spero to stop urinary tract infection drug trial due to early success
May 28 (Reuters) - Spero Therapeutics SPRO.O and partner GSK GSK.L said on Wednesday that an experimental drug for complicated urinary tract infections met the main goal of a late-stage trial and the companies will be stopping the trial early for efficacy.Reuters
Wed, May 28
Health Rounds: HIV pill improves diabetic eye disease without injections
By Nancy LapidMay 28 (Reuters) - An inexpensive pill for treating HIV could become an alternative to injections for diabetic eye disease, a small study suggests. “An oral drug that improves vision in diabetic macular edema (DME) would be a game changer because it would be more convenient for patient...Reuters
Wed, May 28
Macy’s Cuts FY Adjusted EPS Outlook To Account For Initial & Current Tariffs
May 28 (Reuters) - Macy's Inc M.N:MACY’S Q1 COMPARABLE SALES DOWN 2% ON AN OWNED BASISMACY’S Q1 NET SALES $4.6 BILLION VERSUS IBES ESTIMATE $4.5 BILLIONMACY’S Q1 ADJUSTED EPS $0.16 VERSUS IBES ESTIMATE $0.14MACY’S: REAFFIRMS 2025 NET SALES, COMPARABLE OWNED-PLUS-LICENSED-PLUS-MARKETPLACE SALES G...Reuters
Wed, May 28
Macy's cuts annual profit forecast amid tariff uncertainty
May 28 (Reuters) - Macy's M.N cut its annual profit forecast on Wednesday as the top U.S. department store operator navigates tariff-led uncertainty and cautious spending on apparel and accessories.The company expects 2025 adjusted profit per share to be between $1.60 and $2.00, compared with it...Reuters
Wed, May 28
EU plans tech scale-up fund to narrow gap with US, China
US late-stage scale-up financing seven times more than EUScaleup Europe Fund likely to be double-digit bln-euro sizePrivate funds should multiply public money by about fiveBy Philip BlenkinsopBRUSSELS, May 28 (Reuters) - The European Commission plans to create a public-private fund of at least 10 bi...Reuters
Wed, May 28
National Bank of Canada's second-quarter profit rises on strong financial markets business
May 28 (Reuters) - National Bank of Canada NA.TO reported a rise in second-quarter profit on Wednesday, helped by a robust performance in its financial markets units. Increased market volatility due to rapidly shifting U.S. trade policies and the resultant economic uncertainty drove trading volumes ...Reuters
Wed, May 28
Kremlin: Trump not fully informed when saying Putin was 'playing with fire'
MOSCOW, May 28 (Reuters) - The Kremlin believes that U.S. President Donald Trump was not fully informed about the Russia-Ukraine conflict, foreign policy aide Yuri Ushakov said on Wednesday. He was commenting on remarks by Trump that Vladimir Putin was "playing with fire" by refusing to en...Reuters
Wed, May 28
Louisiana passes insurance rate regulation bill, trade groups warn it will negate legal abuse reforms
By Michael LoneyMay 28 - (The Insurer) - Insurance trade groups have said that Louisiana’s legislature and governor are taking “three steps forward and five steps back” by following the enactment of legal system abuse reform bills with a rate regulation bill that was passed on Tuesday.Louisiana’s Ho...Reuters
Wed, May 28
Michael Kors parent Capri lowers annual revenue forecast
May 28 (Reuters) - Michael Kors-owner Capri Holdings CRPI.N cut its revenue forecast for 2026 on Wednesday signaling that tariff-related uncertainty was weighing on an already fragile demand for its leather handbags and accessories in North America and Asia.The company now expects total annual reven...Reuters
Wed, May 28
German government restricts migrant family reunification, path to citizenship
BERLIN, May 28 (Reuters) - Germany's government approved measures to restrict family reunification for migrants and delay citizenship access on Wednesday, forging ahead with a major shift in migration policy under conservative Chancellor Friedrich Merz. The cabinet agreed to a two-year suspen...Reuters
Wed, May 28
Euro zone bond yields edge up, snapping 4-day falling streak
By Stefano Rebaudo May 28 (Reuters) - Euro zone government bond yields edged up on Wednesday, snapping a four-day falling streak as investors await developments on the tariff front, which could affect the economic outlook.U.S. President Donald Trump on Tuesday said the EU's move to set up tal...Reuters
Wed, May 28
