News
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Russia says it is ready to present peace settlement memorandum to Ukraine on June 2 in Istanbul
MOSCOW, May 28 (Reuters) - Russia has proposed holding the next round of peace talks with Ukraine on June 2 in Istanbul, Foreign Minister Sergei Lavrov said on Wednesday."The Russian side, as agreed, has promptly developed a relevant memorandum, which sets out our position on all aspects of reli...Reuters
Wed, May 28
Chinese consumers travel and spend less, LVMH deupty CEO says
PARIS, May 28 (Reuters) - French luxury group LVMH LVMH.PA has noticed Chinese consumers have been travelling and spending less over the past three months, Deputy CEO Stephane Bianchi said on Wednesday. Demand in the United States, however, showed some first signs of a rebound, but as long as trade ...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
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
Sodexo Completes New US Dollar Notes Issuance, Tender Offer
May 28 (Reuters) - Sodexo SA EXHO.PA:SODEXO INC. SUCCESSFULLY COMPLETES ITS NEW US DOLLAR NOTES ISSUANCE AND ITS TENDER OFFERNOTES INCLUDE $600 MILLION DUE 2030 AT 5.150% AND $500 MILLION DUE 2035 AT 5.800%PROCEEDS USED TO REPURCHASE 1.634% SENIOR NOTES DUE 2026ISSUANCE ALMOST 7 TIMES OVERSUBSCRIBEDReuters
Wed, May 28
White House to send Congress small package of DOGE spending cuts, Politico reports
WASHINGTON, May 28 (Reuters) - The White House intends to send Congress a small spending package next week intended to formalize cuts made by billionaire Elon Musk's team targeting federal government spending, Politico reported on Wednesday, citing several unidentified Republican officials.Two R...Reuters
Wed, May 28
DIARY-Political and General News Events from May 28
May 28 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Wed, May 28
Chalk Raises $50 Million Series A At $500 Million Valuation
May 28 (Reuters) - CHALK:CHALK RAISES $50M SERIES A TO POWER AI INFERENCECHALK RAISES $50 MILLION SERIES A AT A $500 MILLION VALUATIONCHALK: ROUND LED BY FELICIS WITH PARTICIPATION FROM TRIATOMIC CAPITAL, GENERAL CATALYST, UNUSUAL VENTURES, & XFUNDFurther company coverage: [ ]Reuters
Wed, May 28
Airbus warns airlines delivery delays to last three years, sources say
Airbus pushing back deliveries slated for 2027/2028, sources sayDeliveries expected to be lower in May, Cirium expert saysAirbus has reported some improvement in supply chainsHowever parts and labour shortages persist since pandemic By Tim Hepher PARIS, May 28 (Reuters) - Airbus AIR.PA is warning...Reuters
Wed, May 28
Cycling-Del Toro claims stage 17 win and extends Giro lead
May 28 (Reuters) - Isaac Del Toro of UAE Team Emirates-XRG maintained his excellent form at the Giro d'Italia to win stage 17 with a perfectly-timed sprint on Wednesday, with the Mexican's first stage victory of the race allowing him to extend his lead in the overall standings.The 155-km rou...Reuters
Wed, May 28
E&S Insurer Conference panel: Capital supporting E&S casualty remains 'pretty healthy'
By Chris MunroMay 28 - (The Insurer) - Capital supporting the E&S casualty market remains “pretty healthy” even as the sector faces various challenges with rates picking up again after seeing a slight softening last year.Speaking during the E&S Insurer Conference 2025 on Wednesday morning, C...Reuters
Wed, May 28
Russia proposes to Ukraine date and venue for peace talks, expects a reply
MOSCOW, May 28 (Reuters) - Vladimir Medinsky, the head of Russia's delegation at peace talks on Ukraine, said on Wednesday he had sent proposals to Ukraine with a date and venue to exchange memorandums, or conditions, to stop the fighting.He also said on the Telegram messaging app that he expect...Reuters
Wed, May 28
Sustainable Finance Newsletter - Feds back Texas lawsuit vs fund firms over climate investing
By Ross Kerber May 28 (Reuters) - U.S. federal antitrust officials last week picked sides and lined up with Republican-led states in an antitrust lawsuit against the top three asset managers. You can read about the "Statement of Interest" they filed in this week's main story, ...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 that could affect the economic outlook.U.S. President Donald Trump said on Tuesday the European Union's move to ...Reuters
Wed, May 28
