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ProSieben elects Maria Kyriacou to board amid shareholder struggle
Kyriacou elected as Supervisory Board Chairman, backed by Czech investment group PPFPower struggle between MFE and PPF over ProSiebenMFE pushes for fast sale of none-core asseets, PPF prefers strategic patienceBy Klaus Lauer May 28 (Reuters) - ProSiebenSat.1 Media PSMGn.DE elected Maria Kyriacou ...Reuters
Wed, May 28
Boston Scientific to stop heart device sales amid regulatory challenges
May 28 (Reuters) - Boston Scientific BSX.N said on Wednesday it has discontinued sales of its heart device in the European Union and will not seek approval in the U.S. and other markets due to increased clinical and regulatory requirements.The devices had obtained the EU's CE-mark and were sold ...Reuters
Wed, May 28
U.S. banks see profits climb in first quarter: FDIC
By Pete SchroederWASHINGTON, May 28 (Reuters) - The U.S. banking industry reported $70.6 billion in profits in the first quarter of 2025, a jump of 5.8% from the previous quarter, the Federal Deposit Insurance Corporation reported Wednesday.The regulator said profit growth was primarily due to climb...Reuters
Wed, May 28
Italian Catholic Church reports higher number of abuse cases in 2023-2024
By Alvise Armellini ROME, May 28 (Reuters) - Italy's Catholic Church on Wednesday reported a rise in the number of suspected victims of abuse, mostly at the hands of priests, with 115 cases over the course of 2023-2024.The figure, which includes as many as 21 children under 10 and 35 "vul...Reuters
Wed, May 28
Trust in European Union at highest since 2007, poll shows
By Gianluca Lo Nostro May 28 (Reuters) - Trust in the European Union and its institutions has risen to an almost two-decade high, a report released on Wednesday shows, as U.S. President Donald Trump upends global trade and foreign policy.The Eurobarometer poll by the European Commission shows 52%...Reuters
Wed, May 28
GE Aerospace CEO sees supply chain improvements despite tariff hit
GE Aerospace expects 15%-20% increase in jet engine deliveriesGE faces $500 million tariff hit from U.S.-led trade warSupply chain improvements aid GE's engine delivery predictabilityGE partners with Safran for LEAP engine production May 28 (Reuters) - GE Aerospace’s GE.N CEO said on Wednesda...Reuters
Wed, May 28
Acrisure to acquire Global Payments’ payroll business for $1.1 billion
By Michael LoneyMay 28 - (The Insurer) - Acrisure has agreed a deal to acquire Global Payments’ payroll business, Heartland Payroll Solutions, for $1.1 billion, which CEO Greg Williams said will enhance its position as a global fintech leader.Heartland Payroll will expand Acrisure’s payroll and huma...Reuters
Wed, May 28
Deals of the day-Mergers and acquisitions
May 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday : ** Three companies based in the United Arab Emirates have approached the Italian Treasury with a proposal to buy the Russian operations of UniCredit at a steep disc...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 continued his renaissance when he 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 intermitte...Reuters
Wed, May 28
Intensity Therapeutics to Collaborate with Author, Model, Executive Producer, Speaker and Breast Cancer Survivor Christine Handy
May 28 (Reuters) - Intensity Therapeutics Inc INTS.O:INTENSITY THERAPEUTICS, INC. TO COLLABORATE WITH AUTHOR, MODEL, EXECUTIVE PRODUCER, SPEAKER AND BREAST CANCER SURVIVOR CHRISTINE HANDY TO RAISE PATIENT AWARENESS OF EARLY-STAGE BREAST CANCER TREATMENT OPTIONS ON THE HORIZONReuters
Wed, May 28
OpenAI CFO says new structure opens door to potential future IPO
DUBLIN, May 28 (Reuters) - OpenAI's restructuring plans open the door to a potential future IPO, but any such decision would depend on the mood in public markets as well as the readiness of the company, Chief Financial Officer Sarah Friar said on Wednesday.OpenAI, in which Microsoft MSFT.O has i...Reuters
Wed, May 28
Cheniere Signs Long-Term Integrated Production Marketing Agreement With Canadian Natural Resources Limited
May 28 (Reuters) - Cheniere Energy Inc LNG.N:CHENIERE SIGNS LONG-TERM INTEGRATED PRODUCTION MARKETING AGREEMENT WITH CANADIAN NATURAL RESOURCES LIMITEDCHENIERE ENERGY INC - CANADIAN NATURAL RESOURCES TO SELL 140,000 MMBTU/DAY GAS TO CHENIERE FOR 15 YEARSReuters
Wed, May 28
Definity’s Travelers Canada deal 'a rare and transformative opportunity': CEO Saunders
By Chris MunroMay 27 - (The Insurer) - Definity Financial Corporation’s C$3.3 billion ($2.4 billion) acquisition of the bulk of Travelers Canada “is a rare and transformative opportunity,” president and CEO Rowan Saunders has declared.In a presentation shortly after Definity and Travelers announced ...Reuters
Wed, May 28
