News
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Eni in exclusive talks with GIP for sale of 49.99% of carbon capture unit
MILAN, May 27 (Reuters) - Eni ENI.MI has entered exclusive talks with BlackRock's BLK.N infrastructure fund GIP over the sale of a 49.99% stake in the Italian energy group's carbon capture, utilisation and storage (CCSU) holding, the Italian company said on Tuesday.The move is part of Eni...Reuters
Tue, May 27
Volvo's 3,000 Job Cuts: A Crucial Move Amid Cost Optimization Strategy, Betting on a Fully Electric Future by 2030
TradingKey - On Monday, Swedish automaker Volvo announced plans to lay off approximately 3,000 employees globally, including 1,200 local staff in Sweden, with the remaining positions distributed across other international markets.TradingKey
Tue, May 27
Morning News Call - Canada, May 27
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTSMay ...Reuters
Tue, May 27
Imitating WeChat Pay? Musk Responds to Upcoming Release of X Money
TradingKey - On May 26th, Elon Musk, CEO of Tesla, announced on the social platform X (formerly Twitter) that its digital payment service X Money has entered a small-scale Beta testing phase. In his tweet, he emphasized the need for "the utmost vigilance" when it comes to features involving user...TradingKey
Tue, May 27
Bank of Spain warns of slowing lending income growth
MADRID, May 27 (Reuters) - The Bank of Spain warned on Tuesday that lenders' income growth was likely to slow down this year amid lower interest rates and geopolitical risks, and it would need to closely monitor the credit quality of bank loans. In its semiannual financial stability report, the ...Reuters
Tue, May 27
Morning News Call - U.S., May 27
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Tue, May 27
Saab CEO urges EU countries to get defence projects off the ground
By Niklas Pollard KARLSKOGA, Sweden, May 27 (Reuters) - Defence group Saab's SAABb.ST CEO on Tuesday urged European governments to step up getting EU-backed projects off the ground and said a military spending boom was only just beginning.The Swedish defence company is riding the biggest boom...Reuters
Tue, May 27
Russia's Lavrov scolds Merz over long-range fire comments
MOSCOW, May 27 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Tuesday that German Chancellor Friedrich Merz's remarks about long-range Ukrainian strikes into Russia with European weapons suggested that a decision allowing such attacks had been made long ago.Merz said that there were ...Reuters
Tue, May 27
Salesforce nears $8 billion deal for Informatica, WSJ reports
May 27 (Reuters) - Salesforce CRM.N is nearing a roughly $8 billion deal for data-management software firm Informatica INFA.N, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.The cloud-software giant is expected to pay $25 per share for Informatica, in a deal set ...Reuters
Tue, May 27
Malaysia PM says ASEAN leaders agree US tariff deals should not harm other members
KUALA LUMPUR, May 27 (Reuters) - Southeast Asian countries have reached a consensus to have an understanding on how to approach U.S. trade tariffs, Malaysian Prime Minister Anwar Ibrahim said on Tuesday. Anwar, who is chair of the regional bloc ASEAN, told a press conference that the leaders had agr...Reuters
Tue, May 27
Tennis-Title contender Andreeva hits the ground running in Paris
By Karolos GrohmannPARIS, May 27 (Reuters) - Title contender Mirra Andreeva eased into the French Open second round with a 6-4 6-3 victory over Spain's Cristina Bucsa on Tuesday to continue her fine form this season. Andreeva, a surprise semi-finalist in Paris at the age of 17 last year, needed...Reuters
Tue, May 27
Salesforce Nears $8 Billion Deal For Informatica - WSJ
May 27 (Reuters) - SALESFORCE NEARS $8 BILLION DEAL FOR INFORMATICA - WSJSALESFORCE IS EXPECTED TO PAY $25 PER SHARE FOR INFORMATICA, IN A DEAL SET TO BE ANNOUNCED LATER TUESDAY, THE PEOPLE SAID.- WSJSource text: https://tinyurl.com/9t55jnxdReuters
Tue, May 27
Deals of the day-Mergers and acquisitions
May 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** Harmony Gold , South Africa's top gold producer by volume, has agreed to buy Australian miner Mac Copper Ltd in a deal worth $1.03 billion as it st...Reuters
Tue, May 27
Tencent to become second-largest shareholder in K-Pop agency SM Entertainment
SEOUL, May 27 (Reuters) - China's Tencent is expected to become the second-largest shareholder of major K-Pop agency SM Entertainment 041510.KQ, according to a South Korean filing on Tuesday. South Korea's Hybe 352820.KS said in a regulatory filing that it plans to sell its 2.2 million share...Reuters
Tue, May 27
Italy's business lobby urges EU to expedite trade deals beyond US
MILAN, May 27 (Reuters) - Italy's main business lobby Confindustria on Tuesday called on the European Union to speed up trade agreements with other countries while it negotiates on tariffs with US President Donald Trump.Trump last week ratcheted up his trade war, announcing a 50% tariff on EU go...Reuters
Tue, May 27
US government may hold some U.S. Steel shares in Nippon Steel deal, Kyodo says
TOKYO, May 27 (Reuters) - The U.S. government may hold some of U.S. Steel's X.N shares as part of a deal to allow Japan's Nippon Steel 5401.T to acquire the American steelmaker, Kyodo news agency reported on Tuesday.Kyodo did not cite any sources for the information. Nippon Steel did not imm...Reuters
Tue, May 27
PREVIEW-Nvidia earnings to reveal hit from US export curbs on China
By Arsheeya Bajwa May 27 (Reuters) - Nvidia NVDA.O investors will look for definitive answers on how much U.S. chip curbs on China will cost the company when it reports results on Wednesday, even as a pullback in other regulations is expected to open up new markets.In a fresh effort to stymie Bei...Reuters
Tue, May 27
Disciplined growth
By David BullMay 27 - (The Insurer) - This week several hundred market executives will converge on New York City for our back-to-back E&S Insurer and Program Manager conferences and awards. Both the wholesale and MGA/programs segments are arguably reaching a critical juncture, where profitably s...Reuters
Tue, May 27
