News
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U.S. RESEARCH ROUNDUP-American Express, Berkshire Hathaway, Intuit
May 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including American Express, Berkshire Hathaway and Intuit, on Monday. HIGHLIGHTS* American Express Co AXP.N: Jefferies raises target price to $285 from $230* Berkshire Hathawa...Reuters
Mon, May 26
Palestinians to raise flag at WHO for the first time after vote
By Emma Farge GENEVA, May 26 (Reuters) - The Palestinian delegation won the right to fly their flag at the World Health Organization after a symbolic victory in a vote on Monday that its envoy hopes will lead to greater recognition within the United Nations and beyond.The proposal, brought by Chi...Reuters
Mon, May 26
Giving Ukraine long-range missiles would be dangerous move, says Kremlin
MOSCOW, May 26 (Reuters) - The Kremlin on Monday said European countries lifting restrictions on long-range missile capabilities for Ukraine would be a dangerous move, Kremlin correspondent Alexander Yunashev reported.Kremlin spokesman Dmitry Peskov said such a decision would run counter to aspirati...Reuters
Mon, May 26
Trump considers redirecting $3 billion in Harvard grants to US trade schools
Harvard has said the sudden funding cuts are unconstitutionalMost of the funding is for biomedical research, not usually done at trade schoolsBy David Shepardson and Jonathan Allen WASHINGTON, May 26 (Reuters) - U.S. President Donald Trump said on Monday he is considering taking $3 billion of pre...Reuters
Mon, May 26
Israeli official dismisses Hamas ceasefire proposal
JERUSALEM, May 26 (Reuters) - An Israeli official dismissed the latest ceasefire proposal from Hamas on Monday, saying no responsible government could accept such an agreement and rejecting the assertion by Hamas that the deal matched one proposed by U.S. special envoy Steve Witkoff.The official, wh...Reuters
Mon, May 26
Volvo Cars to slash 3,000 jobs in white-collar cutback
Layoffs represent some 15% of company's total office staffGroup announced plans last month to slash costs by $1.9 billionVolvo Cars more exposed than many European peers to U.S. tariffsBy Marie Mannes and Anna Ringstrom STOCKHOLM, May 26 (Reuters) - Volvo Cars VOLCARb.ST will cut 3,000 mostly...Reuters
Mon, May 26
FBI announces new probes into Dobbs Supreme Court leak, White House cocaine incident
By Raphael SatterWASHINGTON, May 26 (Reuters) - The FBI will launch new probes into the 2023 discovery of cocaine at the White House during President Joe Biden's term and the 2022 leak of the Supreme Court's draft opinion overturning Roe v. Wade, a top official announced on Monday.Dan Bongin...Reuters
Mon, May 26
Hamas agrees to U.S. proposal on Gaza ceasefire, Palestinian official says
CAIRO, May 26 (Reuters) - Hamas has agreed to a proposal by U.S. special envoy Steve Witkoff for a Gaza ceasefire, a Palestinian official close to the group told Reuters on Monday.The new proposal, which sees the release of ten hostages and 70 days of truce, was received by Hamas through mediators.Reuters
Mon, May 26
Portugal's Millennium bcp says it doesn't need M&A to be competitive
By Sergio Goncalves LISBON, May 26 (Reuters) - Portugal's largest listed bank Millennium bcp BCP.LS does not need deals, such as potentially buying smaller rival Novo Banco, to stay ahead of the competition, CEO Miguel Maya said on Monday.Unlisted Novo Banco, which is 75% owned by U.S. privat...Reuters
Mon, May 26
African Development Bank to pick new head to confront US funding cuts
AfDB kicks off annual meeting in AbidjanElection of new bank president to take place on ThursdayNew head to confront US funding cuts, other challengesBy Duncan Miriri and Loucoumane Coulibaly NAIROBI/ABIDJAN, May 26 (Reuters) - The African Development Bank is meeting in Ivory Coast this week to p...Reuters
Mon, May 26
Reservoir Media Inc expected to post earnings of 4 cents a share - Earnings Preview
Reservoir Media Inc RSVR.OQ RSVR.O is expected to show a rise in quarterly revenue when it reports results on May 28 for the period ending March 31 2025The New York City-based company is expected to report a 4.6% increase in revenue to $40.94 million from $39.15 million a year ago, according to th...Reuters
Mon, May 26
Hamas-led groups execute four for looting aid trucks amid some Gaza dissent
By Nidal al-MughrabiCAIRO, May 26 (Reuters) - Hamas has executed four men for looting some of the aid trucks that have begun entering Gaza, sources familiar with the incident said on Monday, as a clan leader in southern Gaza issued a challenge to the militant group over guarding the convoys.One sour...Reuters
Mon, May 26
National Bank of Canada expected to post earnings of C$2.40 a share - Earnings Preview
National Bank of Canada NA.TO is expected to show a rise in quarterly revenue when it reports results on May 28 for the period ending April 30 2025The Montreal Quebec-based company is expected to report a 15.8% increase in revenue to C$3.284 billion from C$2.84 billion a year ago, according to th...Reuters
Mon, May 26
Ukraine's Zelenskiy expected to visit Berlin on Wednesday, sources say
BERLIN, May 26 (Reuters) - Ukrainian President Volodymyr Zelenskiy is expected to visit Berlin on Wednesday, several sources told Reuters on Monday. A spokesperson for the chancellery declined to comment on the planned meeting, which was first reported by news outlet Spiegel. Spiegel said Ze...Reuters
Mon, May 26
LiveOne Inc expected to post a loss of 5 cents a share - Earnings Preview
LiveOne Inc LVO.OQ LVO.O is expected to show a fall in quarterly revenue when it reports results on May 28 (estimated) for the period ending March 31 2025The Beverly Hills California-based company is expected to report a 28.0% decrease in revenue to $22.256 million from $30.9 million a year ago, a...Reuters
Mon, May 26
