News
Important Only
Italy, US bolster cooperation for recovery of missing WW2 soldiers' remains
ROME, May 20 (Reuters) - Italy and the U.S. signed a memorandum to improve recovery operations for American military personnel who went missing in action in World War Two and were never accounted for, a statement said on Tuesday.The conflict saw intense fighting across the Italian peninsula from 194...Reuters
Tue, May 20
Rubio says potential collapse of Syrian transitional authority may be weeks away
WASHINGTON, May 20 (Reuters) - U.S. Secretary of State Marco Rubio said on Tuesday that the Syrian transitional authority may be weeks away from potential collapse and full-scale civil war, defending U.S. President Donald Trump's decision to lift Syria sanctions and to engage with the Damascus g...Reuters
Tue, May 20
Russia's Lavrov says radical groups engaged in 'ethnic cleansing' in Syria
MOSCOW/DAMASCUS May 20 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow is deeply concerned by what he said was ethnic cleansing being carried out by "radical militant groups" in Syria.The comments came as Syrian sources and Russian social media channels reporte...Reuters
Tue, May 20
Two top members of Mexico City mayor's team killed in attack
MEXICO CITY, May 20 (Reuters) - Two top members Mexico City Mayor Clara Brugada's team were killed in a direct attack in the city, Mexican President Claudia Sheinbaum said on Tuesday. Sheinbaum also said during her daily press conference that the people likely responsible for their killings wer...Reuters
Tue, May 20
US FDA advisers to consider if new COVID shots should target LP.8.1 subvariant
May 20 (Reuters) - Advisers to the U.S. Food and Drug Administration will discuss whether to recommend COVID-19 vaccines for 2025-26 for targetting the LP.8.1 subvariant, documents filed on Tuesday showed.The panel of advisers will make recommendations on the selection of the 2025-2026 formula for C...Reuters
Tue, May 20
Mexican ship that crashed into Brooklyn Bridge made no distress calls, Mexico says
MEXICO CITY, May 20 (Reuters) - The Mexican ship which crashed into New York's Brooklyn Bridge over the weekend did not make distress calls before ramming into the bridge, the head of Mexico's navy said on Tuesday, but rather called for support.Navy chief Raymundo Morales, speaking at Mexica...Reuters
Tue, May 20
US Senate to vote this week on bill to bar California 2035 EV plan
WASHINGTON, May 20 (Reuters) - The U.S. Senate plans to vote this week to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, Majority Leader John Thune said on Tuesday.The U.S. House approved legislation on May 1 to repeal a...Reuters
Tue, May 20
India's Leela hotels owner Schloss slashes IPO size by 30%
May 20 (Reuters) - Schloss Bangalore, the owner of Leela luxury hotels, has slashed its IPO size by 30% to 35 billion rupees ($409 million), joining a growing list of companies that have trimmed their issues due to market uncertainty.Brookfield-backed BAM.TO Schloss, which initially planned a 50 bil...Reuters
Tue, May 20
Norway's Norges to vote for three Elliott nominees in Phillips 66 board fight
By Svea Herbst-BaylissNEW YORK, May 20 (Reuters) - Norway's sovereign wealth fund said it plans to vote for three of Elliott Investment Management's four director candidates in a bitter board fight at oil refiner Phillips 66 PSX.N.Norges Bank Investment Management, one of Phillips 66's 1...Reuters
Tue, May 20
Zurich North America names Cushing head of construction
By Mia MacGregorMay 20 - (The Insurer) - Zurich North America has appointed Tobias Cushing as head of construction, effective immediately, following a brief tenure as deputy chief underwriting officer since March. Cushing returns to the construction team after serving only two months as deputy CUO. ...Reuters
Tue, May 20
JPMorgan shareholders approve executive pay, appointment of directors
NEW YORK, May 20 (Reuters) - JPMorgan Chase JPM.N shareholders on Tuesday approved executive pay packages and the appointment of directors with strong majority support.All the company proposals received over 90% shareholders' votes in favor of the motion while all the shareholder proposals were ...Reuters
Tue, May 20
Senators question Paramount's Redstone over '60 Minutes' settlement attempts with Trump
May 20 (Reuters) - A group of senators sent a letter to Paramount Global PARA.O chair Shari Redstone on Monday, seeking information about the CBS News owner's efforts to settle a lawsuit with U.S. President Donald Trump.Senators Elizabeth Warren, Bernie Sanders and Ron Wyden are questioning whet...Reuters
Tue, May 20
Converge adds IAP’s Kimmel as CFO
By Michael LoneyMay 20 - (The Insurer) - Cyber insurtech Converge Insurance has appointed former JPMorgan and Deutsche Bank David Kimmel as chief financial officer.Kimmel has more than 35 years of experience across insurance, investment banking and emerging technologies.Most recently, Kimmel was a c...Reuters
Tue, May 20
US agency says nearly 7% of air travelers do not have 'REAL ID'
WASHINGTON, May 20 (Reuters) - Nearly 7% of U.S. travelers are not complying with new enhanced ID requirements to enter airport security checkpoints since rules took effect about two weeks ago, the Transportation Security Administration said Tuesday.Homeland Security Secretary Kristi Noem said that ...Reuters
Tue, May 20
GTCR to sell insurance data provider Itel to Thoma Bravo's Nearmap
By Isha MaratheMay 20 - (The Insurer) - Private equity firm GTCR has signed a definitive agreement to sell insurance data and analytics provider Itel Laboratories to Thoma Bravo-owned property casualty technology company Nearmap, based in Australia. The financial terms of the deal were not disclose...Reuters
Tue, May 20
Everest adds former Chubb executive Page to board
By Isha MaratheMay 20 - (The Insurer) - Everest Group has added Darryl Page as an independent, non-executive member of its board of directors.Page has over 40 years of experience in the industry. Most recently, he served as division president of international personal lines at Chubb, focusing on th...Reuters
Tue, May 20
CORRECTED-Apple supplier Foxconn to invest $1.5 billion in India unit
May 20 (Reuters) - Apple supplier Foxconn 2317.TW will invest $1.5 billion in its India unit, the company said in a filing, as the iPhone maker shifts more manufacturing out of tariff-hit China.Foxconn's Singapore-based subsidiary will buy 12.77 billion shares worth 10 rupees apiece, amounting t...Reuters
Tue, May 20
Vietnam approves establishment of Sun PhuQuoc Airways, state media says
HANOI, May 20 (Reuters) - Vietnam's Prime Minister, Pham Minh Chinh, has approved the establishment of a new airline, Sun PhuQuoc Airways, the official Vietnam News Agency reported on Tuesday. The airline, parent company of which is real estate and hospitality developer Sun Group, will begin ope...Reuters
Tue, May 20
