News
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Euro zone government bond yields edge up, auctions in focus
LONDON, May 28 (Reuters) - European government bond yields edged up on Wednesday with a focus on bond sales from Germany and Spain later in the day, just as a weak Japanese government bond auction sparked a selloff in Japan's bond market that rippled out.Reuters
Wed, May 28
ExxonMobil In Negotiations With North Atlantic To Sell Its Stake in Esso
May 28 (Reuters) - Esso Societe Anonyme Francaise SA ESSF.PA:EXXONMOBIL ENTERS EXCLUSIVE NEGOTIATIONS TO SELL STAKE IN ESSO S.A.F.EXXONMOBIL TO SELL 82.89% STAKE IN ESSO S.A.F. TO NORTH ATLANTICACQUISITION EXPECTED TO COMPLETE IN LAST QUARTER OF 2025ACQUISITION PRICE SET AT €149.19 PER ESSO S.A.F. S...Reuters
Wed, May 28
Zelenskiy says Russia has gathered 50,000 troops for offensive on northern Ukraine
By Max Hunder KYIV, May 28 (Reuters) - Ukrainian President Volodymyr Zelenskiy has said that Russia has gathered 50,000 troops near Ukraine's northern Sumy region, but added that Kyiv had taken steps to prevent Moscow from conducting a large-scale offensive there.The build-up comes as Russia ...Reuters
Wed, May 28
Robinhood rolls out desktop trading in UK to target seasoned retail investors
By Niket Nishant May 28 (Reuters) - U.S.-based online brokerage Robinhood HOOD.O said on Wednesday it was expanding its desktop platform into the UK to extend its reach among retail investors looking for more sophisticated trading tools.The launch comes months after the company first unveiled th...Reuters
Wed, May 28
California to allow more girls in track and field finals after Trump pressure to drop transgender athlete
California to allow more girls in this week's high school track and field finalsEvents to have separate score for transgender athletesPresident Trump demands California prevent transgender girl from competing in championshipTrump threatened to withhold federal funding to state if demands not met...Reuters
Wed, May 28
Bank Handlowy to shift focus to corporate banking, sell consumer business
GDANSK, May 28 (Reuters) - Bank Handlowy BHW.WA, the Polish arm of Citigroup C.N, has announced a plan to shift its focus towards institutional banking and has agreed to sell its consumer banking business to VeloBank.Bank Handlowy aims to develop its institutional banking activities, which accounted...Reuters
Wed, May 28
Mubadala taps market with 10-year sukuk amid surge in debt issuance, IFR reports
May 28 (Reuters) - Abu Dhabi sovereign wealth fund Mubadala has tapped investors for the sale of 10-year sukuk, or Islamic bonds, adding to a flurry of debt deals in recent weeks including Aramco on Tuesday, fixed income news service IFR reported on Wednesday.The indicative price for the debt deal h...Reuters
Wed, May 28
Hong Kong regulator prods pension funds on US rating downgrade implications
May 28 (Reuters) - Hong Kong's pensions regulator has told the city's pension funds they may need to adjust their investment portfolios to reflect the impact of a downgrade to the U.S. sovereign credit rating, according to a statement. Ratings agency Moody's cut America's pristine s...Reuters
Wed, May 28
PRESS DIGEST- Wall Street Journal - May 28
May 28 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Elon Musk's SpaceX launched its starship rocket into space on Tuesday, which didn't meet several objectives after the company lost c...Reuters
Wed, May 28
Geopolitical headwinds may offset decline in total marine losses: Allianz
May 27 - (The Insurer) - Despite global shipping losses hitting a record low in 2024, the maritime sector is facing rising insurance risks associated with war, aging vessels and the increasing shadow fleet, according to Allianz Commercial’s Safety and Shipping Review 2025.Main cause of total loss in...Reuters
Wed, May 28
GlobalData extends ICG bid deadline, ends takeover talks with KKR
May 28 (Reuters) - Data platform GlobalData DATA.L on Wednesday extended the deadline to June 11 for private equity firm ICG ICGIN.L to make a firm takeover offer, while ending talks with KKR KKR.N after failing to reach an agreement on terms.Reuters
Wed, May 28
GlobalData Extends Deadline for ICG to Announce Firm Intention, Ends Discussions with KKR
May 28 (Reuters) - GlobalData PLC DATA.L:GLOBALDATA PLC ICG EUROPE FUND IX - EXTENSION OF RULE 2.6 DEADLINEGLOBALDATA PLC - ICG DEADLINE EXTENDED TO 11 JUNE 2025GLOBALDATA PLC - DISCUSSIONS WITH KKR TERMINATEDGLOBALDATA PLC - DEADLINE EXTENDED FOR ICG ONLYReuters
Wed, May 28
John Neal's legacy: Lloyd's grows GWP by 56% in six years
By Henry GaleMay 27 - (The Insurer) - In the second part of our look back at John Neal's time in charge at Lloyd's, we reflect on his efforts to grow the Lime Street market over the past six and a half years.John Neal aimed for $100 billion in premiums by 2026Lloyd's growth driven by rat...Reuters
Wed, May 28
Saudi carrier flyadeal to start flights to Syria, CEO says
MANILA, May 28 (Reuters) - Saudi budget carrier flyadeal could start flying to Syria as early as July, CEO Steven Greenway said on Wednesday, joining a handful of foreign airlines introducing or resuming flights to the country as sanctions against it are scaled back. "We got approvals last week ...Reuters
Wed, May 28
Gallagher Re names Aon's Jang as Korea CEO
By Navneeta NandanMay 28 - (The Insurer) - Gallagher Re announced on Wednesday that it has appointed Chulmin Jang as chief executive for its Korea business.The incumbent CEO of Gallagher Korea Phil Won Jeong will now become its chairman.Jang joins from Aon, where he was president of the Korea divisi...Reuters
Wed, May 28
Thor Explorations Reports Q1 Revenue Of $64.0 Million
May 28 (Reuters) - Thor Explorations Ltd THX.V:THOR EXPLORATIONS Q1 EBITDA USD 43.6 MILLIONTHOR EXPLORATIONS Q1 NET INCOME USD 34.4 MILLIONTHOR EXPLORATIONS LTD - REVENUE OF US$64.0 MILLION IN Q1 2025THOR EXPLORATIONS LTD - EBITDA OF US$43.6 MILLION IN Q1 2025THOR EXPLORATIONS - PRODUCTION GUIDANCE ...Reuters
Wed, May 28
