News
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UIB strengthens marine division with Scales as associate director
By Michael JonesMay 22 - (The Insurer) - United Insurance Brokers (UIB) has appointed Sean Scales as associate director within its marine division, the company said on Thursday.In his new role, Scales will be responsible for driving new business and supporting the division's growth, focusing on ...Reuters
Thu, May 22
HDI Global SE posts 10% revenue growth in Q1 2025
May 22 - (The Insurer) - Germany-based corporate and specialty insurer HDI Global SE reported robust growth in both revenue and earnings in the first quarter of 2025 on the back of a surge in new business premiums and inflation-linked price adjustments, the company said on Thursday.Insurance revenue...Reuters
Thu, May 22
South Africans praise Ramaphosa for keeping cool amid Trump attack
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 and Siyanda Mthethwa JOHANNESBURG, May 22 - South Africans praised President Cyril Ramaphosa on Thursday fo...Reuters
Thu, May 22
CK Hutchison confirms Aponte's MSC is main investor in ports deal
HONG KONG, May 22 (Reuters) - CK Hutchison 0001.HK confirmed on Thursday that Italian billionaire Gianluigi Aponte's family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from the Hong Kong conglomerate. Hutchison co-managing director Dominic Lai w...Reuters
Thu, May 22
Reactions to shooting of two Israeli embassy staffers in Washington
WASHINGTON, May 22 (Reuters) - Two Israeli embassy staffers were killed by a lone gunman in Washington, DC, on Wednesday night, officials have said.You can follow Reuters' live reporting here.Below are reactions from Israel, the United States and other parts of the world.BENJAMIN NETANYAHU, ISRA...Reuters
Thu, May 22
Stain of martial law bid deters use of South Korea Yoon's office
Yongsan presidential office seen as place to avoid at all costCritics blame ousted leader Yoon for moving out of Blue HouseCandidates agree new government seat should be in city of SejongPlan to relocate may face legal, political hurdlesBy Jack Kim SEOUL, May 22 (Reuters) - Just three years after...Reuters
Thu, May 22
Tennis-Who are the other men's contenders to look out for at the French Open?
May 22 (Reuters) - The following are some of the other contenders for the men's singles title at the French Open, which starts on Sunday:JACK DRAPER (BRITAIN)Ranking: 5After back-to-back first-round exits at the French Open, Draper returns with vastly improved claycourt form this season having m...Reuters
Thu, May 22
Trump tax bill advances toward Thursday vote on passage in US House
House Republicans move quickly to vote on Trump tax billRepublican support remains unclear after infighting The measure would add $3.8 trillion to US debtDemocrats vow to 'fight like hell' in opposition By David Morgan and Bo Erickson WASHINGTON, May 22 (Reuters) - U.S. President Donald T...Reuters
Thu, May 22
Pegasus International's Footwear Products Business Faces Challenges Post US Tariffs
May 22 (Reuters) - Pegasus International Holdings Ltd 0676.HK:CO'S BUSINESS OF MANUFACTURING & EXPORT SALES OF FOOTWEAR PRODUCTS HAS FACED SIGNIFICANT CHALLENGESCHALLENGES FOLLOWING IMPOSITION OF ESCALATED TARIFFS BY U.S. GOVERNMENT ON GOODS PRODUCED IN CHINARECORDED ZERO EXPORT REVENUE IN B...Reuters
Thu, May 22
Lessor SMBC says Boeing and Airbus output has made some progress
SMBC says tariffs could lead to production delaysSays some caution over demand on 'transatlantic routes'Russia insurance settlement proceeds hit $1.4 billionBy Padraic Halpin and Tim Hepher DUBLIN, May 22 (Reuters) - Boeing BA.N and Airbus AIR.PA have made progress in boosting aircraft ma...Reuters
Thu, May 22
UK's Tate & Lyle flags weaker sales growth as tariffs hit food ingredients maker
May 22 (Reuters) - British food ingredients maker Tate & Lyle TATE.L on Thursday estimated its full-year revenue growth would be 4% at best, less than last year, as the uncertainty over U.S. tariffs has raised costs for the company and its customers.The company, which has manufacturing plants in...Reuters
Thu, May 22
Schoeller-Bleckmann CEO sees U.S. tariff hit of €5 million in 2025
May 22 (Reuters) - CEO of Schoeller-Bleckmann Oilfield Equipment AG SBOE.VI tells Reuters:U.S. TARIFFS WILL AFFECT SLIGHTLY LESS THAN 1% OF OUR SALES, SO WE EXPECT AROUND €5 MILLION FOR 2025IF CUSTOMERS CONTINUE TO HOLD OFF DUE TO CUSTOMS UNCERTAINTY AND THERE IS OVERCAPACITY, Q1 COULD HAVE BEEN OUR...Reuters
Thu, May 22
Israel says killing of embassy staffers in US is result of antisemitic incitement
JERUSALEM, May 22 (Reuters) - The shooting that killed two Israeli embassy staffers in Washington was a direct result of "toxic antisemitic incitement against Israel and Jews around the world" since Hamas' attack on Israel in October, 2023, Israeli Foreign Minister Gideon Saar said on Th...Reuters
Thu, May 22
'Ignorant' to call Taiwan a country, China says responding to Taipei's foreign minister
China claims democratically-governed Taiwan as its own territoryTaiwan says only island's people can decide their futureTaiwan's President Lai Ching-te marking one year in officeBy Laurie Chen BEIJING, May 22 (Reuters) - It is "arrogant and ignorant" to call Taiwan a country and i...Reuters
Thu, May 22
TREASURIES-Long dated Treasury yields hit new multi-month highs
LONDON, May 22 (Reuters) - U.S. long-dated bond yields nudged up to new multi-month highs on Thursday, before stabilising, a day after soft demand for a sale of 20-year bonds underscored market worries about the United States' increasing debt burden. Investors are also watching a sweeping tax an...Reuters
Thu, May 22
JGB yields jump as BOJ board member says no need for action on bond selloff
TOKYO, May 22 (Reuters) - Japanese government bond yields jumped on Thursday following remarks from a Bank of Japan board member who saw no need for the central bank to step into the market even as super-long bond yields are hovering around record levels. "At times, central banks must take actio...Reuters
Thu, May 22
