News
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TREASURIES-Long-dated Treasury yields hit multi-month highs after tax bill passes House
LONDON, May 22 (Reuters) - The 30-year Treasury yield hit a new 19-month high on Thursday, and was a few basis points from its highest since 2007, after the House of Representatives passed a tax and spending bill that reinforced market worries about the United States' debt burden.Reuters
Thu, May 22
Russia says US Golden Dome defence project is a serious concern for Moscow, TASS reports
MOSCOW, May 22 (Reuters) - Russia regards the U.S. Golden Dome defence project as a cause for serious concern but does not think there's anything to panic about, Sergei Ryabkov, Russia's deputy foreign minister, said on Thursday, the state TASS news agency reported. The $175-billion project,...Reuters
Thu, May 22
Dubai Investments Unit Globalpharma Inks 4 Strategic MoUs To Boost Pharma Localization In UAE
May 22 (Reuters) - DUBAI INVESTMENTS DINV.DU:GLOBALPHARMA INKS 4 STRATEGIC MOUS TO BOOST PHARMA LOCALIZATION AND INNOVATION IN UAEAGREEMENTS WERE CONCLUDED WITH PHARMAPRIMES LABORATORIES (JORDAN), NERHADOU INTERNATIONAL (EGYPT), AORA HEALTH(SPAIN), AND BIOSYENT PHARMA INC. (CANADA)DUBAI INVESTMENTS ...Reuters
Thu, May 22
CORRECTED-Palestinian minister reports 29 starvation-related deaths among Gazan children, elderly
GENEVA, May 22 (Reuters) - The Palestinian health minister said on Thursday that 29 children and elderly people had died from starvation-related deaths in Gaza in recent days and that many thousands more were at risk."In the last couple of days we lost 29 children," Palestinian Health Minist...Reuters
Thu, May 22
Analog Devices forecasts third-quarter results above estimates
May 22 (Reuters) - Analog Devices ADI.O forecast third-quarter revenue and profit above Wall Street expectations on Thursday, betting on upbeat demand for its chips used in the automotive and industrial sectors.The Wilmington, Massachusetts-based chipmaker projected third-quarter revenue of $2.75 bi...Reuters
Thu, May 22
Ralph Lauren Approves 10% Dividend Increase & $1.5 Billion Expansion Of Existing Share Repurchase Program
May 22 (Reuters) - Ralph Lauren Corp RL.N:RALPH LAUREN OUTLOOK 2026 NET REVENUE GROWTH OF LOW-SINGLE DIGITS ON CONSTANT CURRENCY BASISRALPH LAUREN Q4 ADJUSTED EPS $2.27 VS IBES ESTIMATE $2.00RALPH LAUREN Q4 NET REVENUE $1.7 BILLION VS IBES ESTIMATE $1.65 BILLIONRALPH LAUREN Q4 GLOBAL DIRECT-TO-CONSU...Reuters
Thu, May 22
Ralph Lauren forecasts annual revenue below estimates
May 22 (Reuters) - Ralph Lauren RL.N forecast annual revenue largely below estimates on Thursday, as the global trade war fuels a broad retail slowdown with cautious consumers cutting back on expensive purchases.Ralph Lauren is among the retailers and luxury brands facing the brunt of unpredictable ...Reuters
Thu, May 22
RPT-BREAKINGVIEWS-Medtronic maladies call for more precision surgery
By Robert Cyran NEW YORK, May 21 (Reuters Breakingviews) - Medtronic MDT.N would be better off with more targeted rehab than surgery. The manufacturer of everything from pacemakers to catheters plans to amputate its diabetes business, which only contributes 4% of operating profit. It’s a sensible...Reuters
Thu, May 22
India's Sun Pharma posts bigger adjusted profit on demand for rare disease drugs
May 22 (Reuters) - Sun Pharmaceutical SUN.NS, India's largest drugmaker by revenue, reported a bigger adjusted quarterly profit on Thursday, driven by strong domestic demand for its drugs to treat rare diseases.The Mumbai-based firm's consolidated profit before exceptional items and tax rose...Reuters
Thu, May 22
Iran's Revolutionary Guards warn Israel against any attack
DUBAI, May 22 (Reuters) - Israel will receive a "devastating and decisive response" if it attacks Iran, Tehran's Revolutionary Guards said on Thursday, days after CNN reported U.S. intelligence suggesting Israel was making preparations to strike Iranian nuclear facilities. "They are ...Reuters
Thu, May 22
China, Netherlands pledge deeper cooperation to tackle global challenges
BEIJING, May 22 (Reuters) - China and the Netherlands pledged on Thursday to deepen cooperation and communication amid "global challenges" by bolstering wider China-EU ties to tackle areas such as climate change and the green transition.The two countries agreed to maintain close communicatio...Reuters
Thu, May 22
South Africans exasperated by Trump false claims during Ramaphosa meeting
Trump falsely accused South Africa of genocide against white minority South Africans praise Ramaphosa's cool but question tripForeign ministry defends need to engage with USBy Tim Cocks, Siyanda Mthethwa and Nellie Peyton JOHANNESBURG, May 22 - South Africans expressed dismay on Thursday at h...Reuters
Thu, May 22
Russia says it captures a village in Ukraine's Donetsk region
MOSCOW, May 22 (Reuters) - Russian forces have captured the settlement of Nova Poltavka in the Donetsk region of eastern Ukraine, the Russian defence ministry said on Thursday.Russian news agencies, citing the defence ministry, separately reported that air defences had shot down 317 Ukrainian drones...Reuters
Thu, May 22
Function over flash: Specialized robots attract billions with efficient task handling
By Akash Sriram May 22 (Reuters) - These robots don't break into a jig or jump, but their ability to do single tasks cheaply and efficiently is attracting investor dollars as focus shifts to function from flash.Far from the sleek humanoids of science fiction that are meant for complex and ada...Reuters
Thu, May 22
Israel accuses Europe of 'antisemitic incitement' after Washington shooting
By James Mackenzie JERUSALEM, May 22 (Reuters) - Israeli Foreign Minister Gideon Saar accused unnamed European officials on Thursday of "toxic antisemitic incitement" he blamed for a hostile climate in which the fatal shooting of two Israeli embassy staffers in Washington took place.Israe...Reuters
Thu, May 22
Iran says US would bear responsibility for any Israeli attack on nuclear facilities
DUBAI, May 22 (Reuters) - The United States will bear legal responsibility in the event of an Israeli attack on Iranian nuclear facilities, Foreign Minister Abbas Araqchi said on Thursday, amidst reports that Israel may be preparing strikes on Iran.Reuters
Thu, May 22
Germany's Merz says NATO ready to defend every inch of territory
VILNIUS, May 22 (Reuters) - German Chancellor Friedrich Merz said on Thursday during a visit to Vilnius that anyone who challenged NATO must know that the defence alliance is prepared and will jointly defend every inch of territory."We must do everything to defend ourselves – so that we never ha...Reuters
Thu, May 22
Morning News Call - Canada, May 22
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-pageECONOMIC EVENTS0830 Producer Pr...Reuters
Thu, May 22
CFC expands AI cover and emergency continuity costs to tech-based sectors
By Navneeta NandanMay 22 - (The Insurer) - Specialist insurer CFC has extended its cyber proactive response (CPR) cover to existing industry-specific policies for the digital health, fintech and technology sectors, in response to the increasing exposure of critical personal data.CFC said that the CP...Reuters
Thu, May 22
