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Swiss minister hopes for result on US trade talks by July
ZURICH, May 27 (Reuters) - Talks over trade between the Swiss government and the Trump administration will hopefully yield a result by the beginning of July, Swiss Economy Minister Guy Parmelin said on Tuesday.Switzerland was stunned to be saddled with steeper tariffs than its neighbours in the Euro...
Reuters
Tue, May 27
Candidate spouses take centre stage in South Korea's heated presidential race
Wife of South Korea's right-wing presidential candidate targets rival's spouse over credit card misuse chargeCandidate promises special inspector for presidential family misconductSpouse controversies impact South Korean presidential race dynamicsBy Ju-min Park SEOUL, May 27 (Reuters) - T...
Reuters
Tue, May 27
Barclays hikes CoreWeave's PT to Street high; stock climbs
** Shares of Nvidia-backed CoreWeave CRWV.O up 4.2% to $106.8 premarket ** Barclays raises co’s PT to $100 from $70, the highest among 18 analysts covering the stock** We continue to like the role Coreweave is playing in the new GenAI world, says brokerage** Last week, Aston Martin Aramco announced ...
Reuters
Tue, May 27
South Africa not giving 'special dispensation' to Musk's Starlink, minister says
JOHANNESBURG, May 27 (Reuters) - South Africa's Communications Minister Solly Malatsi said on Tuesday that his proposed draft policy that recognises alternatives to Black ownership requirements was not only meant for Elon Musk's Starlink."We are not attempting to open a special dispensat...
Reuters
Tue, May 27
Russia says Ukraine, backed by Europe, is trying to wreck peace talks, Ifax reports
MOSCOW, May 27 (Reuters) - Russia's defence ministry said on Tuesday that Ukraine, backed by certain European countries, had taken a host of 'provocative steps' aimed at wrecking Russian-initiated direct peace talks, the Interfax news agency reported.
Reuters
Tue, May 27
Nearly 180,000 people displaced in Gaza by renewed Israeli offensive, UN migration agency says
GENEVA, May 27 (Reuters) - A renewed Israeli military offensive has forcibly displaced almost 180,000 people in just 10 days through to May 25, the International Organization for Migration said on Tuesday.The statement on behalf of the Global Camp Coordination and Camp Management Cluster expressed d...
Reuters
Tue, May 27
French regulators fine J.P. Morgan SE 500,000 euros
May 27 (Reuters) - FRENCH REGULATORS FINE JP MORGAN SE 500,000 EUROS - STATEMENT The dispute and sanctions committee (CoRDiS) of French energy watchog CRE imposes a penalty of 500,000 euros on J.P. Morgan SE for failure to comply with its obligation to provide the information necessary for the CRE ...
Reuters
Tue, May 27
Swiss minister hopes US trade talks will yield result by July
ZURICH, May 27 (Reuters) - Talks over trade between the Swiss government and the Trump administration will hopefully yield a result by the beginning of July, Swiss Economy Minister Guy Parmelin said on Tuesday.
Reuters
Tue, May 27
Jio BlackRock gets approval to start mutual fund business in India
MUMBAI, May 27 (Reuters) - Billionaire Mukesh Ambani-led Reliance Group and U.S.-based BlackRock BLK.N have received approval from India's markets regulator to start operations for their mutual fund business, the Indian company said on Tuesday.Jio Financial Services JIOF.NS, a part of the Relian...
Reuters
Tue, May 27
Credit Suisse crisis showed stability can erode quickly, minister says
ZURICH, May 27 (Reuters) - The crisis which brought down Swiss bank Credit Suisse in 2023 showed how quickly stability can be eroded, Swiss Economy Minister Guy Parmelin said on Tuesday.Parmelin was speaking a few days before the government is expected to set out proposals aimed at making UBS UBSG.S...
Reuters
Tue, May 27
KFC to invest $2 bln in UK and Ireland over 5 years, create 7,000 jobs
LONDON, May 27 (Reuters) - Yum Brands' YUM.N KFC plans to invest 1.49 billion pounds ($2.0 billion) in Britain and Ireland over the next five years, creating over 7,000 jobs, it said on Tuesday.The fast food chain said it planned to open a further 500 outlets over the next decade.($1 = 0.7390 p...
Reuters
Tue, May 27
North Korea's state security minister to attend high-level meeting in Russia, KCNA says
SEOUL, May 27 (Reuters) - North Korea's minister of state security, Ri Chang Dae, left Pyongyang on Monday to attend a meeting of senior security officials in Russia, the North's KCNA state news agency reported on Tuesday.Russian media have reported that the top security aide to President Vl...
Reuters
Tue, May 27
Russia says Finnish naval drills are an instrument of NATO escalation
MOSCOW, May 27 (Reuters) - Russian Foreign Ministry spokeswoman Maria Zakharova said on Tuesday that Finnish naval exercises were turning into an instrument of NATO escalation near the Russian border.The exercise will take place against the backdrop of Finland's accusations against Moscow of Rus...
Reuters
Tue, May 27
Russian drone attacks dip in intensity after three nights of massive bombardment
KYIV, May 27 (Reuters) - Russia launched 60 drones at Ukraine overnight, injuring several people, officials in Kyiv said on Tuesday, indicating a sharp decrease in the intensity of Moscow's attacks after it conducted three nights of massive aerial bombardment. The earlier attacks - whi...
Reuters
Tue, May 27
JioBlackRock Asset Management Receives SEBI Approval For Mutual Funds Business -Statement
May 27 (Reuters) - Reliance Industries Ltd RELI.NS:JIOBLACKROCK ASSET MANAGEMENT RECEIVES SEBI APPROVAL FOR MUTUAL FUNDS BUSINESS -STATEMENTSID SWAMINATHAN NAMED AS MD, CEO OF NEW ASSET MANAGEMENT CO OF JIOBLACKROCK ASSET MANAGEMENT-STATEMENTSource text: [ID:]
Reuters
Tue, May 27
Russia still working on draft peace memorandum, says foreign ministry
MOSCOW, May 27 (Reuters) - Russia is continuing to work on the draft memorandum setting out the principles of a possible future peace accord to end the war in Ukraine, Russia's foreign ministry said on Tuesday.Russian President Vladimir Putin, after a call with U.S. President Donald Trump earlie...
Reuters
Tue, May 27
Putin and Turkish foreign minister discuss Ukraine peace efforts, source says
ANKARA, May 27 (Reuters) - Russian President Vladimir Putin and Turkey's foreign minister discussed at a meeting in Moscow efforts to end the war in Ukraine and developments since direct talks between the warring parties, a Turkish Foreign Ministry source said.Turkish Foreign Minister Hakan Fida...
Reuters
Tue, May 27
Russia still working on draft peace memorandum, says foreign ministry
MOSCOW, May 27 (Reuters) - Russia is continuing to work on the draft memorandum ahead of a possible peace accord to end the war in Ukraine, foreign ministry spokeswoman Maria Zakharova said on Tuesday.The draft memorandum will spell out the principles of a settlement and the terms of a possible ceas...
Reuters
Tue, May 27
China denies Ukrainian reports on military supplies to Russia
BEIJING, May 27 (Reuters) - China has never provided lethal weapons to any parties to the conflict in Ukraine and strictly controls dual-use items, the foreign ministry said on Tuesday in response to Ukrainian reports of Chinese supplies to Russian military plants."The Ukrainian side knows this ...
Reuters
Tue, May 27
India approves stealth fighter programme amid tensions with Pakistan
By Shivam Patel NEW DELHI, May 27 (Reuters) - India's defence minister has approved a framework for building the country's most advanced stealth fighter jet, the defence ministry said on Tuesday, amid a new arms race with Pakistan weeks after a military conflict between the neighbours. In...
Reuters
Tue, May 27
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