News
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Earthquake of magnitude 6 strikes Crete, Greece, GFZ says
May 22 (Reuters) - An earthquake of magnitude 6 struck off the coast of Crete, Greece, on Thursday, the German Research Center for Geosciences (GFZ) said.The quake was at a depth of 77 km (47.85 miles), GFZ said.GFZ had earlier assigned a magnitude of 6.5 to the earthquake.Reuters
Thu, May 22
Goldman Sachs combines Asia investment banking units, names Drayton APAC head
HONG KONG, May 22 (Reuters) - Goldman Sachs GS.N is bringing together previously separately-managed three Asian investment banking businesses into one unit to integrate its regional deals advice and capital market capabilities, according to a memo reviewed by Reuters on Thursday.Iain Drayton, curren...Reuters
Thu, May 22
Sweeping Trump tax bill clears key hurdle with US House Republicans
Johnson predicts success after meeting with Trump and holdouts Bill would add $3.8 trillion to the U.S. debt Democrats argue bill favors wealthy, cuts social programsBy David Morgan and Bo Erickson WASHINGTON, May 21 (Reuters) - U.S. President Donald Trump's massive tax and spending bill clea...Reuters
Thu, May 22
US House Republicans aim to pass Trump tax bill early Thursday
WASHINGTON, May 21 (Reuters) - Republicans who control the U.S. House of Representatives have scheduled two key pre-dawn Thursday floor votes for President Donald Trump's sweeping tax and spending bill, including a vote to pass the legislation and send it to the Senate.Reuters
Thu, May 22
Trump officials violated court order over South Sudan deportation attempt, judge says
Judge issued order against deportations to South SudanWhite House calls judge in the case a "far-left activist" Administration defends deportation of violent criminalsConditions in South Sudan have long been dangerousBy Nate Raymond and Ted Hesson BOSTON, May 21 (Reuters) - A federal judg...Reuters
Thu, May 22
US House committee advances Trump's tax-cut bill
WASHINGTON, May 21 (Reuters) - The Republican-controlled U.S. House of Representatives Rules Committee on Wednesday voted to advance President Donald Trump's sweeping tax-cut and spending bill, setting the stage for a vote on the House floor in the coming hours.Reuters
Thu, May 22
Trump confronts South Africa's Ramaphosa with false claims of white genocide
Trump baselessly alleges mass killings of white South AfricansRamaphosa and allies seek to counter Trump claimsSouth Africa denies white citizens are persecutedBillionaire Rupert backs RamaphosaRamaphosa in Washington seeking to mend US tiesBy Nandita Bose and Jeff Mason WASHINGTON, May 21 (Reute...Reuters
Thu, May 22
Sable Offshore Prices Public Offering Of 8.7 Million Shares At $29.50 Each
May 21 (Reuters) - Sable Offshore Corp SOC.N:SABLE OFFSHORE CORP. ANNOUNCES UPSIZE AND PRICING OF PUBLIC OFFERING OF COMMON STOCKSABLE OFFSHORE CORP - PRICES PUBLIC OFFERING OF 8.7 MILLION SHARES AT $29.50 EACHReuters
Thu, May 22
NFL-Indianapolis Colts owner Jim Irsay dead at 65
May 21 (Reuters) - Indianapolis Colts owner Jim Irsay, who inherited the National Football League team from his father in 1997 to become the NFL's youngest club owner, died on Wednesday at the age of 65, the team announced on social media.During his long-time association with the team Irsay also...Reuters
Thu, May 22
G7 finance leaders try to downplay tariff disputes, find consensus
G7 ministers seek to avoid repeat of 2018 'G6-plus-one' discordItaly's finance minister calls communique compromise 'crucial'US Treasury's Bessent describes 'productive day' at G7 meetingG7 consensus on war in Ukraine, Russian oil price cap seen as difficultFrance'...Reuters
Thu, May 22
Sanofi to acquire Vigil Neuroscience in $470 million deal to boost neurological pipeline
May 22 (Reuters) - Sanofi SASY.PA will acquire Vigil Neuroscience VIGL.O, a clinical-stage biotech company in a $470 million deal, the companies said on Thursday, as the French drugmaker seeks to boost its neurological pipeline through an Alzheimer's drug. Sanofi would pay $8 per share to Vigil ...Reuters
Thu, May 22
Japan finance minister says no discussion on Treasury holdings with Bessent
BANFF, Alberta, May 21 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Wednesday that he did not directly discuss his country's holdings of U.S. Treasuries during a bilateral meeting with U.S. Treasury Secretary Scott Bessent.Kato was speaking to reporters on the sidelines of the Gr...Reuters
Thu, May 22
Tepid demand for US Treasury auction shows investor jitters about tax bill, deficit
May 21 (Reuters) - The U.S. Treasury Department saw soft demand for a $16 billion sale of 20-year bonds on Wednesday with investors worried about the country's increasing debt burden as Congress wrangles with a tax and spending bill that is expected to worsen the fiscal outlook.Reuters
Thu, May 22
Canadian finance minister touts progress in talks with US counterpart
By Promit Mukherjee BANFF, Alberta, May 21 (Reuters) - Canada's finance minister said on Wednesday that he had a good meeting with U.S. Treasury Secretary Scott Bessent and that both were pleased with the progress they were making. The Canadian finance minister, François-Philippe Champagn...Reuters
Thu, May 22
US Defense Secretary Hegseth meets Musk for second time at Pentagon
By Phil Stewart and Idrees Ali WASHINGTON, May 21 (Reuters) - U.S. Defense Secretary Pete Hegseth met billionaire Elon Musk at the Pentagon on Wednesday, officials said, the second known time the close ally of President Donald Trump has visited the department's headquarters. In March, Musk, w...Reuters
Thu, May 22
