News
Important Only
BP's Castrol unit draws interest from Apollo, India's Reliance, Bloomberg News reports
May 28 (Reuters) - BP's BP.L Castrol lubricants business is attracting interest from companies such as India's Reliance Industries RELI.NS, Bloomberg News reported on Wednesday, citing people familiar with the matter.The business has also attracted interest from buyout firms Apollo Global Ma...Reuters
Wed, May 28
Trump tells US chip designers to stop selling to China, FT reports
May 28 (Reuters) - President Donald Trump's administration has ordered U.S. firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported on Wednesday, citing several people familiar with the move.Reuters
Wed, May 28
Trump Orders US Chip Designers To Stop Selling To China - FT
May 28 (Reuters) - TRUMP ORDERS US CHIP DESIGNERS TO STOP SELLING TO CHINA - FTUS COMMERCE DEPARTMENT TOLD ELECTRONIC DESIGN AUTOMATION GROUPS, INCLUDING CADENCE, SYNOPSYS, SIEMENS EDA, TO STOP SUPPLYING THEIR TECHNOLOGY TO CHINA- FTSource text: [https://tinyurl.com/bdd2a3x2]Reuters
Wed, May 28
Trump nominates Emil Bove to serve as 3rd Circuit appeals court judge
May 28 (Reuters) - U.S. President Donald Trump posted on Truth Social on Wednesday that he was nominating Emil Bove, a lawyer who previously defended Trump in a criminal case stemming from hush money paid to a porn star, to serve as a judge on the United States Court of Appeals for the Third Circuit...Reuters
Wed, May 28
Implant maker Exactech may conclude bankruptcy without TPG settlement
By Dietrich Knauth May 28 (Reuters) - Attorneys for medical implant maker Exactech said at a Wednesday bankruptcy court hearing in Delaware that it is walking away from recent efforts to protect its owner TPG from lawsuits alleging that Exactech's knee implants were defective. Exactech had pl...Reuters
Wed, May 28
Lavrov tells Rubio of preparations for new round of Russia-Ukraine talks, Foreign Ministry says
May 28 (Reuters) - Russian Foreign Minister Sergei Lavrov spoke to U.S. Secretary of State Marco Rubio on Wednesday about the preparation of "concrete proposals" for a new round of direct talks with Kyiv, the Russian Foreign Ministry said.A statement on the ministry's website said Lavrov...Reuters
Wed, May 28
Morgan Stanley says it will contest Dutch dividend tax evasion probe
THE HAGUE, May 28 (Reuters) - Morgan Stanley MS.N said on Wednesday it will contest a Dutch public prosecutor's investigation into tax evasion related to dividends on Dutch shares. The Dutch public prosecution service said on Wednesday it would subpoena a foreign bank on suspicion of dividend ta...Reuters
Wed, May 28
Golf-Charlie Woods wins his first American Junior Golf Association title
May 28 (Reuters) - Charlie Woods, the 16-year-old son of golfing great Tiger Woods, earned his first American Junior Golf Association (AJGA) win on Wednesday with a three-shot victory at the Team TaylorMade Invitational in Bowling Green, Florida.Woods, playing in his fifth AJGA event, began the fina...Reuters
Wed, May 28
U.S. RESEARCH ROUNDUP-Autozone, Rocket Pharmaceuticals, Travelers
May 28 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Autozone, Rocket Pharmaceuticals and Travelers, on Wednesday. HIGHLIGHTS* Autozone Inc AZO.N: JP Morgan cuts target price to $4,200 from $4,350 * Rocket Pharmaceutic...Reuters
Wed, May 28
Trump says he told Israel's Netanyahu not to act against Iran
Trump says very close to a solution on Iran nuclear talksIsrael earlier rejected a report it was weighing an Iran strikeIsrael was concerned deal would allow Iran to keep nuclear facilities, New York Times reported WASHINGTON/JERUSALEM, May 28 (Reuters) - U.S. President Donald Trump said on Wedne...Reuters
Wed, May 28
Welsh Harvard student, caught up in Trump visa fight, fears he may never return
By Tom Little and Sam Tabahriti COPENHAGEN, May 28 (Reuters) - When Alfred Williamson packed his bags to travel to Denmark for summer break after a whirlwind first year at Harvard University, he could not wait to return. Now, the Welsh student fears he may never go back - one of thousands of inte...Reuters
Wed, May 28
EXCLUSIVE-Iran may pause enrichment for US nod on nuclear rights, release of frozen funds, Iranian sources say
Could halt uranium enrichment for a year if US meets certain terms, Iranian official sources sayTerms include recognising Tehran's right to enrich for civilian purposes, releasing frozen Iranian oil revenuesInitial 'political understanding' could lead to broader nuclear accord, sources s...Reuters
Wed, May 28
WFP says 'hordes of hungry people' broke into Gaza warehouse in deadly incident
UNITED NATIONS, May 28 (Reuters) - The United Nations World Food Programme said "hordes of hungry people" broke into one of the agency's warehouses in central Gaza on Wednesday and initial reports indicated that two people had died and several more were injured. "Gaza needs an immedi...Reuters
Wed, May 28
AMD buys Enosemi to boost co-packaged optics offerings
May 28 (Reuters) - Chipmaker Advanced Micro Devices AMD.O said on Wednesday it has acquired Enosemi, a builder of photonic integrated circuits, to expand its co-packaged optics offerings across AI systems.AMD did not disclose the financial details of the deal.Silicon Valley entrepreneurs and investo...Reuters
Wed, May 28
Stellantis dealers pin US turnaround hopes on new CEO
US car dealers hope new CEO will reverse slumping North American salesFilosa is well-received by many dealersFilosa expected to talk with national dealer council WednesdayFormer CEO had fractured relationship with many US dealersBy Nora Eckert and Kalea Hall DETROIT, May 28 (Reuters) - U.S. deale...Reuters
Wed, May 28
Welsh Harvard student, caught up in Trump row, fears he may never return
By Tom Little and Sam Tabahriti COPENHAGEN, May 28 (Reuters) - When Alfred Williamson packed his bags to travel to Denmark for summer break after a whirlwind first year at Harvard University, he could not wait to return. Now, the Welsh student fears he may never go back - one of thousands of inte...Reuters
Wed, May 28
US agrees to end use of race, gender in highway, transit contracts
May 28 (Reuters) - The Trump administration said on Wednesday it has agreed to end the U.S. Transportation Department's consideration of race or gender when awarding billions of dollars in federal highway and transit project funding set aside for disadvantaged small businesses.A judge in Septemb...Reuters
Wed, May 28
