News
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Southwest Airlines likely to pay 1 cent to end DEI-related lawsuit
By Jonathan Stempel May 15 (Reuters) - A U.S. judge signaled he will order Southwest Airlines LUV.N to pay 1 cent to end a lawsuit by a conservative group alleging that a now-defunct program awarding free flights to Hispanic college students was discriminatory.U.S. District Judge Sidney Fitzwater...Reuters
Thu, May 15
Tiernan warns "blunt instruments" if market discipline slackens
By Rebecca DelaneyMay 15 - (The Insurer) - Incoming Lloyd's CEO Patrick Tiernan issued a stark warning in his final market message as chief of markets that disciplined and sustainable profitability will continue to be in sharp focus for the Corporation as the market navigates "sliding" m...Reuters
Thu, May 15
Saudi's Public Investment Fund Raises Share Stake In Amazon; Cuts Stake In Pinterest
May 15 (Reuters) - Public Investment Fund:SAUDI'S PUBLIC INVESTMENT FUND RAISES SHARE STAKE IN AMAZON BY 50.2% TO 1.2 MILLION SHARESPUBLIC INVESTMENT FUND CUTS SHARE STAKE IN PINTEREST INC BY 25.4% TO 4.1 MILLION CLASS A SHARESPUBLIC INVESTMENT FUND DISSOLVES SHARE STAKE IN BALLARD POWER SYSTEMS...Reuters
Thu, May 15
Greenland wants more out of US defence agreement, minister says
By Lili Bayer BRUSSELS, May 15 (Reuters) - Greenland wants to benefit more from a defence deal struck decades ago with the United States, the territory's foreign minister, Vivian Motzfeldt, told Reuters on Thursday while also calling for closer cooperation with the European Union. U.S. Presi...Reuters
Thu, May 15
Israeli onslaught kills scores in Gaza as Trump visits Gulf
Israel carries out airstrikes in GazaPalestinians commemorate 1948 'Nakba', or catastropheU.S. and Arab mediators are seeking a ceasefire Trump is on a tour of three Gulf StatesBy Nidal al-Mughrabi CAIRO, May 15 (Reuters) - Israeli military strikes killed at least 85 people in the Gaza St...Reuters
Thu, May 15
Lloyd's now expects 2025 GWP will be closer to 60 billion pounds
By Scott VincentMay 15 - (The Insurer) - Risk-adjusted rates have fallen by 3.3% across the Lloyd's market at a whole account level during the first quarter, the Corporation's chief underwriting officer Rachel Turk said in today's market message, with full-year GWP now likely to be close...Reuters
Thu, May 15
Most Canadians say the old U.S. relationship is ‘over,’ Nanos finds - Bloomberg
Investing.com -- A large majority of Canadians believe the traditional pillars of the U.S.-Canada relationship are no longer intact, according to a new poll by Nanos Research for Bloomberg News. NearlInvesting.com
Thu, May 15
US politics newsletter - In Plane Sight
By James Oliphant WASHINGTON, May 15 (Reuters) - Donald Trump has never made a secret of how he views the world. To him, there are sharks and there are marks. Life is a negotiation —and what matters is getting more than you give away. “Deals are my art form,” Trump wrote in his signature book...Reuters
Thu, May 15
Cannes bans actor from red carpet over sex assault allegations
By Miranda Murray and Juliette Jabkhiro CANNES, France, May 15 (Reuters) - The Cannes Film Festival has banned French actor Theo Navarro-Mussy from appearing on the red carpet for Thursday's premiere of French competition film "Case 137" due to sexual assault allegations against him.F...Reuters
Thu, May 15
Birkenstock hikes price of celebrity-loved sandals to help offset tariffs
Birkenstock will fully offset US tariffs, CFO saysBirkenstock to hike prices, look for efficiencies in productionSandal maker beats Q2 sales forecast, upgrades 2025 guidanceBirkenstock sees opportunity to take shelf space in USBy Helen Reid and Anuja Bharat Mistry May 15 (Reuters) - Birkenstock B...Reuters
Thu, May 15
UK's MHRA Approves Vaccine To Protect Against Pneumococcal Infections Like Pneumonia & Meningitis
May 15 (Reuters) - UK's MHRA:UK'S MHRA: APPROVES VACCINE TO PROTECT AGAINST PNEUMOCOCCAL INFECTIONS SUCH AS PNEUMONIA AND MENINGITIS - WEBSITEUK'S MHRA: APPROVED CAPVAXIVE FOR PEOPLE AGED 18 YEARS & OLDER TO HELP PROTECT AGAINST PNEUMOCOCCAL INFECTIONSReuters
Thu, May 15
RWE won't decide on additional buybacks before 2026, CFO says
FRANKFURT/DUESSELDORF, May 15 (Reuters) - RWE RWEG.DE will decide on whether to expand or extend share buybacks next year, its finance chief said, pouring cold water on hopes of some of its investors for a more aggressive approach. RWE's current buyback programme has a volume of up to 1.5 ...Reuters
Thu, May 15
Canal Plus' Dailymotion buys video creation app Mojo
May 15 (Reuters) - CANAL PLUS/DAILYMOTION:* Dailymotion, the global video platform owned by CANAL+, has bought Archery Inc., the company responsible for developing Mojo, the AI-assisted video creation and editing app that has been downloaded more than 50 million times.Reuters
Thu, May 15
US set to cut capital requirements for banks, FT reports
May 15 (Reuters) - U.S. authorities are preparing to announce one of the biggest cuts in capital requirements for banks in more than a decade, the Financial Times reported on Thursday.Regulators were poised to reduce the supplementary leverage ratio (SLR) in the next few months, the newspaper report...Reuters
Thu, May 15
American Express Says USCS Card Member Loans 30 Days Past Due Loans As A % Of Total 1.4% At April End
May 15 (Reuters) - American Express Co AXP.N:AMERICAN EXPRESS- USCS CARD MEMBER LOANS 30 DAYS PAST DUE LOANS AS A % OF TOTAL 1.4% AT APRIL ENDAMERICAN EXPRESS- U.S. SMALL BUSINESS CARD MEMBER LOANS 30 DAYS PAST DUE LOANS AS A% OF TOTAL 1.6% AT APRIL ENDAMERICAN EXPRESS- USCS CARD MEMBER LOANS NET WR...Reuters
Thu, May 15
Soccer-FIFA Congress opens after Infantino's late arrival in Paraguay
By Javier LeiraASUNCION, May 15 (Reuters) - The FIFA Congress opened more than two hours later than planned on Thursday, after FIFA President Gianni Infantino's late arrival in Paraguay, following his Middle East trip accompanying Donald Trump on state visits, forced a delay. Infantino opened th...Reuters
Thu, May 15
Jana Partners liquidated position in Wolfspeed in Q1, filing
By Svea Herbst-BaylissNEW YORK, May 15 (Reuters) - Activist investor Jana Partners, which last year pushed Wolfspeed WOLF.N to consider a sale to boost its share price, has exited its entire position in the silicone carbide wafer maker, according to a regulatory filing made on Thursday.Wolfspeed sai...Reuters
Thu, May 15
US would make Gaza a 'freedom zone', Trump says in Qatar
By Gram Slattery DOHA, May 15 (Reuters) - President Donald Trump on Thursday reiterated his desire to take over the Gaza Strip, telling a business roundtable in Qatar that the U.S. would "make it a freedom zone" and arguing there was nothing left to save in the Palestinian territory. Trum...Reuters
Thu, May 15
US Supreme Court revives lawsuit against cop in fatal Houston shooting
Ashtian Barnes, 24, was killed in 2016 Houston incidentMother sued cop over alleged constitutional violationLower court limited its review of officer's actionsBy Andrew ChungWASHINGTON, May 15 (Reuters) - The U.S. Supreme Court revived on Thursday a Texas woman's civil rights lawsuit agains...Reuters
Thu, May 15
