News
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OpenAI to help UAE develop one of world's biggest data centers, Bloomberg News reports
May 16 (Reuters) - Microsoft-backed MSFT.O OpenAI plans to help develop a large new data center in the United Arab Emirates that may eventually be one of the largest in the world, Bloomberg News reported on Friday.Reuters
Fri, May 16
OpenAI To Help UAE Develop One Of World's Biggest Data Centers - Bloomberg News
May 16 (Reuters) - OPENAI TO HELP UAE DEVELOP ONE OF WORLD’S BIGGEST DATA CENTERS - BLOOMBERG NEWSOPENAI IS EXPECTED TO BE ONE OF THE PRIMARY ANCHOR TENANTS FOR A RECENTLY ANNOUNCED 5-GIGAWATT DATA CENTER CAMPUS IN ABU DHABI- BLOOMBERG NEWSSource text: https://tinyurl.com/ytyc4bdmReuters
Fri, May 16
Mexican indicted in US in first after cartel designated as terrorist group
MEXICO CITY, May 16 (Reuters) - A 39-year-old woman is the first Mexican national to be indicted in the United States on charges of providing material support to a cartel designated as a foreign terrorist organization, the U.S. Department of Justice said on Friday, citing Texas court documents.Maria...Reuters
Fri, May 16
'Non-starter' Ukraine talks renew call for US sanctions bill
By Patricia Zengerle WASHINGTON, May 16 (Reuters) - U.S. senators renewed calls on Friday for Congress to pass sanctions on Russia after Russia-Ukraine ceasefire talks showed little progress, but no votes were scheduled on bills introduced six weeks ago aimed at pressuring Moscow to negotiate ser...Reuters
Fri, May 16
Athletics-Clayton twins shine in Diamond League 100m, Tebogo wins 200m by a whisker
Tia Clayton beats twin sister in women's 100mTebogo wins 200m by 0.01 secondsWeber beats Chopra in javelin as both clear 90mDOHA, May 16 (Reuters) - Jamaica's Tia Clayton edged her twin sister Tina Clayton in the women's 100 metres at the Doha Diamond League meet on Friday while Olympic ...Reuters
Fri, May 16
Resilience expands in Germany and Austria with Mairhofer hire
By Michael JonesMay 16 - (The Insurer) - Resilience has expanded its European insurance operations to Germany and Austria, hiring Thorsten Mairhofer as head of the region, the company said on Tuesday.The company will offer cyber insurance and technology errors and omissions solutions for companies w...Reuters
Fri, May 16
FLOWSERVE - JOHN GARRISON ASSUMES ROLE OF INDEPENDENT CHAIR
May 16 (Reuters) - Flowserve Corp FLS.N:FLOWSERVE - DAVID ROBERTS DID NOT STAND FOR RE-ELECTION; JOHN GARRISON ASSUMES ROLE OF INDEPENDENT CHAIRFLOWSERVE ANNOUNCES RESULTS OF 2025 ANNUAL MEETING OF SHAREHOLDERS AND QUARTERLY DIVIDENDReuters
Fri, May 16
Microsoft Proposes Commitments To Resolve European Competition Concerns About Teams
May 16 (Reuters) - Microsoft Corp MSFT.O:MICROSOFT PROPOSES COMMITMENTS TO RESOLVE EUROPEAN COMPETITION CONCERNS ABOUT TEAMSMICROSOFT - WILL CONTINUE MAKING ALL VERSIONS OF FRONTLINE SUITES WITHOUT TEAMS AVAILABLE GLOBALLYReuters
Fri, May 16
No top-line targets for Swiss Re with focus on margins
CEO Berger stresses focus on high-quality portfolio over revenue growth Swiss Re aims to protect market-leading positions in key areasBerger highlights available capacity for targeted growth in specific marketsBy Michael JonesMay 16 - (The Insurer) – Swiss Re CEO Andreas Berger said the reinsurer ha...Reuters
Fri, May 16
Mexican indicted in US in first after cartel designated as terrorist group
MEXICO CITY, May 16 (Reuters) - A 39-year-old woman is the first Mexican national to be indicted in the United States on charges of providing material support to a cartel designated as a foreign terrorist organization, the U.S. Department of Justice said on Friday, citing Texas court documents.Accor...Reuters
Fri, May 16
BREAKINGVIEWS-Charter deal runs valuable $35 bln extension cord
By Jennifer Saba NEW YORK, May 16 (Reuters Breakingviews) - Charter Communications CHTR.O is building a different sort of bundle. The U.S. cable operator agreed to acquire smaller rival Cox Communications in a $35 billion deal, including net debt. Hefty cost savings would come in handy as the in...Reuters
Fri, May 16
TIMELINE-From insulin to Ozempic, history of Novo Nordisk's CEOs
May 16 (Reuters) - Ozempic-maker Novo Nordisk NOVOb.CO on Friday ousted its CEO Lars Fruergaard Jorgensen over concerns the company is losing its first-mover advantage in the competitive obesity drug market to American rival Eli Lilly LLY.N.The company has had five CEOs in its more than 100 years of...Reuters
Fri, May 16
U.S. RESEARCH ROUNDUP-Carnival, Caterpillar, Netflix
May 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Carnival, Caterpillar and Netflix, on Friday. HIGHLIGHTS* Carnival Corp CCL.N: HSBC raises to hold from reduce* Caterpillar Inc CAT.N: UBS raises to neutral from sel...Reuters
Fri, May 16
Trump turns to US Supreme Court to pursue mass federal layoffs
Judge blocked federal "reductions in force" for 14 daysTrump administration again seeks Supreme Court reliefBy John Kruzel, Andrew ChungWASHINGTON, May 16 (Reuters) - President Donald Trump's administration on Friday asked the U.S. Supreme Court to lift a federal judge's order to hal...Reuters
Fri, May 16
RTX's Raytheon Awarded $580 Mln Production Contract For Next Generation Jammer Mid-Band
May 16 (Reuters) - Rtx Corp RTX.N:RTX'S RAYTHEON AWARDED $580 MILLION PRODUCTION CONTRACT FOR NEXT GENERATION JAMMER MID-BANDRTX CORP - WORK UNDER CONTRACT TO BE COMPLETED IN MULTIPLE U.S. LOCATIONS THROUGH 2028RTX CORP - CONTRACT INCLUDES NGJ-MB PODS FOR ROYAL AUSTRALIAN AIR FORCEReuters
Fri, May 16
Allstate, State Farm defend claims adjusting practices in Senate hearing
By Isha MaratheMay 16 - (The Insurer) - Two independent claims adjusters at Allstate and a whistleblower at State Farm testified before a disaster management subcommittee that they were ordered to delete or reduce damage estimates for Hurricane Helene and faced retaliation after resisting. Tuesday&...Reuters
Fri, May 16
Exclusive: Allied World the latest carrier to mandate five in-office days for employees
By Isha MaratheMay 16 - (The Insurer) - Allied World has become the latest carrier to mandate its employees go back to a five-day in-office work week, with the action taking effect from September 29, based on an internal memo the company sent to its U.S. and Canada employees.Sources with knowledge ...Reuters
Fri, May 16
