News
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BP’S Castrol Unit Draws Interest From Reliance, Apollo And Lone Star- Bloomberg News
May 28 (Reuters) - BP’S CASTROL UNIT DRAWS INTEREST FROM RELIANCE, APOLLO AND LONE STAR- BLOOMBERG NEWS: BP’S CASTROL UNIT DRAWS INTEREST FROM RELIANCE, APOLLO AND LONE STAR- BLOOMBERG NEWSSource text: https://tinyurl.com/4xywx6chReuters
Wed, May 28
Termination notices for remaining Voice of America employees expected this week, Politico reports
WASHINGTON, May 28 (Reuters) - Termination notices are expected to go out to all remaining Voice of America employees this week, Politico reported on Wednesday, likely marking the end for a media broadcaster founded in 1942 to counter Nazi propaganda. The termination notices would affect the 800 ...Reuters
Wed, May 28
LVMH has room to raise prices 2-3%, LVMH deupty CEO says
PARIS, May 28 (Reuters) - French luxury group LVMH LVMH.PA has room to raise prices of high-end products by around 2-3% without likely affecting demand from luxury clients, but it would be difficult to lift prices of cognac or beauty products, company executives said on Wednesday."We can increas...Reuters
Wed, May 28
Netflix co-founder and former CEO Reed Hastings joins Anthropic board
May 28 (Reuters) - Anthropic has appointed Netflix NFLX.O co-founder Reed Hastings to the board of directors, the artificial intelligence startup said on Wednesday.Hastings, 64, is also a board member at Bloomberg. He has previously held director positions at Microsoft MSFT.O and Facebook, and serve...Reuters
Wed, May 28
EXCLUSIVE-NATO to ask Berlin for seven more brigades under new targets, sources say
By Sabine Siebold BERLIN, May 28 (Reuters) - NATO will ask Germany to provide seven more brigades, or some 40,000 troops, for the alliance's defence, three sources told Reuters, under new targets for weapons and troop numbers that its members' defence ministers are set to agree on next we...Reuters
Wed, May 28
US senator calls for AI competition in Pentagon contracting
By Marisa Taylor and Alexandra Ulmer May 28 (Reuters) - Democratic Senator Elizabeth Warren urged the U.S. Department of Defense to ensure competitive AI contracting, according to a letter seen by Reuters on Wednesday, as tech billionaire Elon Musk's artificial intelligence chatbot Grok gains...Reuters
Wed, May 28
Trump to consider pardon of men convicted in conspiracy to kidnap Michigan governor
WASHINGTON, May 28 (Reuters) - President Donald Trump said on Wednesday he will look into pardons of the two men convicted in 2022 of leading a conspiracy to kidnap Democratic Michigan Governor Gretchen Whitmer. "I will take a look at it. It's been brought to my attention. I did watch the tr...Reuters
Wed, May 28
UK prosecutors authorise 21 criminal charges against Andrew and Tristan Tate
LONDON, May 28 (Reuters) - Internet personality Andrew Tate faces 11 criminal charges in Britain, including rape, actual bodily harm and human trafficking, the Crown Prosecution Service said on Wednesday.The CPS said it had authorised the charges against Andrew Tate, which relate to one complainant,...Reuters
Wed, May 28
Trump expresses hesitation on imposing new sanctions on Russia
Trump says does not want penalties to interfere in getting a ceasefireExpresses disappointment at recent Russian bombingWASHINGTON, May 28 (Reuters) - U.S. President Donald Trump on Wednesday expressed hesitation toward imposing new sanctions on Russia over the war in Ukraine, saying he did not want...Reuters
Wed, May 28
Trump to float new Gaza ceasefire terms soon, aide says
WASHINGTON, May 28 (Reuters) - The Trump administration plans to finalize as soon as Wednesday a new written agreement that may form the basis for a potential Gaza ceasefire deal between Israel and Hamas, a senior aide told reporters."We are on the precipice of sending out a new term sheet that ...Reuters
Wed, May 28
RTX CEO says Pratt & Whitney strike will weigh on second-quarter cash flow
May 28 (Reuters) - The weeks' long strike by 3,000 U.S. Pratt & Whitney engine workers will constrain cash flow during the second quarter, but the aerospace and defense company should be able to recover that during the year, RTX RTX.N CEO Chris Calio said on Wednesday. Workers at two sites i...Reuters
Wed, May 28
Trump says Harvard should have maybe a 15% cap on foreign students
WASHINGTON, May 28 (Reuters) - President Donald Trump said on Wednesday that Harvard University should have a 15% cap on the number of foreign students it admits and that the Ivy League school needs to show the administration their current list of students from other countries. "Harvard has got ...Reuters
Wed, May 28
Magnitude International Files For Offering Of Up To 2.2 Mln Ordinary Shares In US IPO
May 28 (Reuters) - MAGNITUDE INTERNATIONAL LTD - FILES FOR OFFERING OF UP TO 2.2 MILLION ORDINARY SHARES IN US IPO - SEC FILINGMAGNITUDE INTERNATIONAL LTD - IPO PRICE EXPECTED BETWEEN $4.00 AND $5.00 PER SHARE - SEC FILINGMAGNITUDE INTERNATIONAL LTD - TO LIST ORDINARY SHARES ON NASDAQ UNDER SYMBOL ...Reuters
Wed, May 28
Exclusive: Lockton hires USI’s Pereira and Miami-based transportation team with $10 million book
By James ThalerMay 28 - (The Insurer) - Lockton has recruited longtime Miami-based USI transportation producer Steve Pereira and a team of support staff, who worked on a book of business that multiple broking and underwriting sources said was worth $10 million in brokerage.Market sources also confir...Reuters
Wed, May 28
Trump says he told Israel's Netanyahu not to act against Iran
WASHINGTON, May 28 (Reuters) - U.S. President Donald Trump said on Wednesday that he had warned Israeli Prime Minister Benjamin Netanyahu last week not to take actions that could disrupt nuclear talks with Iran."I told him this would be inappropriate to do right now because we're very close ...Reuters
Wed, May 28
Trump says any TikTok deal would not mirror Nippon-US Steel
WASHINGTON, May 28 (Reuters) - President Donald Trump said on Wednesday that any deal that saves social media platform TikTok from being banned in the U.S will look different than the expected deal between Japan's Nippon Steel and U.S. Steel. Speaking in the Oval Office, Trump told reporters tha...Reuters
Wed, May 28
Trump says U.S. is working on food deliveries to Gaza
WASHINGTON, May 28 (Reuters) - U.S. President Donald Trump said on Wednesday that his administration is working on accelerating food deliveries to Palestinians living in Gaza."We're dealing with the whole situation in Gaza. We're getting food to the people of Gaza. It's been a very n...Reuters
Wed, May 28
