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EXCLUSIVE-Musk’s DOGE expanding his Grok AI in U.S. government, raising conflict concerns
Grok AI use raises privacy and conflict-of-interest concernsDOGE team allegedly pushes Grok at DHS without approvalExperts warn of potential unfair advantage for Musk's xAI in federal contractsBy Marisa Taylor, Alexandra UlmerMay 23 (Reuters) - Billionaire Elon Musk’s DOGE team is expanding use ...Reuters
Fri, May 23
Devyani Exec Says Do Not Want To Take Price Increase Given Consumption Slowdown
May 23 (Reuters) - Devyani International Ltd DEVY.NS:DEVYANI EXEC: BIRYANI BUSINESS CURRENTLY LOSS MAKING, LOOKING TO TURN IT AROUND WITHIN A YEARDEVYANI EXEC: MORE KFC STORES IN SMALLER DISTANCES HITTING GROWTH AS AVERAGE DAILY SPENDS DISTRIBUTEDDEVYANI EXEC: HAVE SLOWED PIZZA HUT GROWTH, IN DISCUS...Reuters
Fri, May 23
Deals of the day-Mergers and acquisitions
May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** RedBird Capital Partners, the U.S. fund that bought Britain's Telegraph newspaper in partnership with UAE-owned IMI, will take control of the publication after agreeing a deal t...Reuters
Fri, May 23
China urges Philippines to stop provocation in South China Sea
BEIJING, May 23 (Reuters) - China's foreign ministry on Friday urged the Philippines to immediately stop "infringement and provocation" in the South China Sea or face China's "resolute response." The remarks came a day after Beijing and Manila traded accusations following a c...Reuters
Fri, May 23
Deckers Outdoor drops after it scraps annual forecast
** Shares of Hoka-owner Deckers Outdoor DECK.N slump 16.13% to $105.75 pre-market ** Co said it would not provide annual targets due to tariff-related economic uncertainty ** It forecast Q1 net sales below estimates** Direct-to-consumer sales are expected to be pressured in FY26 Q1 but accelerate th...Reuters
Fri, May 23
Netanyahu accuses France, Britain and Canada of 'emboldening' Hamas
Netanyahu says warnings to Israel play into the hands of HamasEarlier he said shootings in US underlined threat to IsraelIsraeli government opposes moves to recognise Palestinian stateWestern leaders say such recognition does not mean Hamas support JERUSALEM, May 23 (Reuters) - Israeli Prime Mini...Reuters
Fri, May 23
Moscow won't allow Russian-speakers in Ukraine to remain under rule of Zelenskiy's 'junta', Lavrov says
MOSCOW, May 23 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Friday that Moscow would not allow Russian-speakers in Ukraine to remain under the rule of what he called a "junta" led by President Volodymyr Zelenskiy.Lavrov said it would be a "crime" for Russia to allow thi...Reuters
Fri, May 23
EXCLUSIVE-US panel divided over Nippon Steel bid for US Steel but path forward seen, says official
By Alexandra Alper WASHINGTON, May 22 (Reuters) - A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel 5401.T's bid for U.S. Steel X.N but most panel members believe any security risks posed by the deal can be addressed, a White House official ...Reuters
Fri, May 23
In new attack, Trump spending bill would hike taxes on elite colleges
Bill would raise endowment taxes up to 21%Backers target 'woke' schools for taxCritics fear tax will cut aid, access, researchBy Brad Brooks May 23 (Reuters) - The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment gai...Reuters
Fri, May 23
Demand, traffic falls at Newark airport following outages
Travelers prefer JFK and LaGuardia over Newark amid safety concernsPassenger arrivals at Newark declined 13% since April 28 Kayak reports decline in searches for Newark flightsLaGuardia Airport sees 5.7% increase in arrivals By Doyinsola Oladipo NEW YORK, May 23 (Reuters) - Passenger traffic and ...Reuters
Fri, May 23
Ayo Technology Solutions Announces Firm Intention By Sekunjalo To Acquire Co's Shares For R80.8 Mln
May 23 (Reuters) - Ayo Technology Solutions Ltd AYOJ.J:JSE: AYO - FIRM INTENTION BY SEKUNJALO TO MAKE AN OFFER TO ACQUIRE SHARES IN AYO AND THE SUBSEQUENT PROPOSED DELISTING OF AYOAYO TECHNOLOGY SOLUTIONS LTD: PROPOSED DEAL FOR A CASH CONSIDERATION OF 52 CENTS PER SHAREAYO TECHNOLOGY SOLUTIONS LTD: ...Reuters
Fri, May 23
US to impose sanctions on Sudan after finding government used chemical weapons
US determined government used chemical weapons in 2024 Sanctions to take effect next monthWar erupted in Sudan in April 2023By Simon Lewis and Daphne Psaledakis WASHINGTON, May 22 (Reuters) - The United States said on Thursday it would impose sanctions on Sudan after determining that its governme...Reuters
Fri, May 23
RedBird Capital agrees deal to buy UK's Telegraph
LONDON, May 23 (Reuters) - RedBird Capital Partners, the U.S. fund that bought Britain's Telegraph newspaper in partnership with UAE-owned IMI, will take control of the publication after agreeing a deal that values the enterprise at 500 million pounds ($673 million). The ownership of the right-l...Reuters
Fri, May 23
ANALYSIS-Amid 'Jensanity', Nvidia signals plans to keep AI crown
Nvidia faces potential AI spending cuts from major cloud firmsCompany aims to expand AI market grip through NVLink FusionTaiwan's tech ecosystem crucial for Nvidia's growthBy Max A. Cherney and Wen-Yee Lee TAIPEI, May 23 (Reuters) - Nvidia CEO Jensen Huang flew out of Taipei on Friday aft...Reuters
Fri, May 23
'Harvard refugee': Chinese students hunker down as U.S. blocks foreign enrollment
Current students forced to transfer or lose legal status Chinese are the largest foreign student group at HarvardChinese students say they feel targeted, scaredBeijing says move will tarnish US, vows to support studentsBy Laurie Chen and Larissa Liao BEIJING, May 23 (Reuters) - Chinese students ...Reuters
Fri, May 23
Mitsui O.S.K. Postpones New Orders For LNG Carriers From Chinese Shipbuilders To Hedge Risks As Us-China Conflict Continues, Nikkei Says
May 23 (Reuters) - Mitsui O.S.K. Lines Ltd 9104.T:MITSUI O.S.K. POSTPONES NEW ORDERS FOR LNG CARRIERS FROM CHINESE SHIPBUILDERS TO HEDGE RISKS AS US-CHINA CONFLICT CONTINUES, NIKKEI SAYSSource text: [ID:]Reuters
Fri, May 23
Swiss to appeal decision on Credit Suisse bonus payments
BERLIN, May 23 (Reuters) - The Swiss government on Friday announced it will appeal a court decision that found the reduction or cancellation of variable bonus payments for former members of failed banking giant Credit Suisse management was unlawful.Credit Suisse collapsed in March 2023 and was taken...Reuters
Fri, May 23
Trump’s Bill Faces Tougher Hurdles Ahead — The Senate Has Its Say, the Treasury Market Is Watching the Interest Bill
TradingKey - This not-so-"beautiful" version of the so-called “Beautiful Big Bill” incorporates most of Trump’s policy proposals, but its implications for the fiscal deficit have raised concerns — and it now faces further scrutiny from the Senate and the bond vigilantes.TradingKey
Fri, May 23
Mitsui O.S.K. Postpones New Orders For LNG Carriers From Chinese Shipbuilders To Hedge Risks As Us-China Conflict Continues, Nikkey Says
May 23 (Reuters) - Mitsui O.S.K. Lines Ltd 9104.T:MITSUI O.S.K. POSTPONES NEW ORDERS FOR LNG CARRIERS FROM CHINESE SHIPBUILDERS TO HEDGE RISKS AS US-CHINA CONFLICT CONTINUES, NIKKEY SAYSSource text: [ID:]Reuters
Fri, May 23
