News
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China's Xiaomi to launch self-developed mobile chip in late May
Xiaomi's XringO1 chip uses ARM architecture, made by TSMC's 3-nm nodeXiaomi resumed mobile chip development in 2021 after initial stallQualcomm remains Xiaomi's main chip supplier despite new developmentsBy Che Pan, Brenda Goh BEIJING, May 15 (Reuters) - Chinese smartphone and EV...Reuters
Thu, May 15
Trump floats possible new F-55 warplane and F-22 upgrade
Trump outlines potential fighter plans during Gulf visitSays US studying a twin-engined F-55 and upgraded 'F-22 Super'Proposals follow recent award of F-22 replacement to BoeingBy Andrew Mills, Nayera Abdallah, Tim Hepher and Mike Stone DOHA, May 15 (Reuters) - The United States is examin...Reuters
Thu, May 15
Zurich North America adds Chubb’s Walsh as head of large contract surety
By Michael LoneyMay 15 - (The Insurer) - Zurich North America has hired Rob Walsh as head of large contract surety, the second hire from Chubb that it has announced this week.In his new role, which is effective immediately, Walsh will be responsible for driving the overall success of Zurich’s large ...Reuters
Thu, May 15
Tokio Marine Highland names Hiscox's Prymas as CEO
By Michael LoneyMay 15 - (The Insurer) - Insurance underwriting agency Tokio Marine Highland has hired Steve Prymas as CEO, effective June 1.Prymas succeeds Norman Heinrich, who stepped down after more than 30 years with the Tokio Marine Kiln subsidiary in multiple leadership roles. Heinrich had bee...Reuters
Thu, May 15
Olympics-LA 2028 Games venue for table tennis is too small-ITTF President
BERLIN, May 15 (Reuters) - The 2028 Los Angeles Olympics table tennis venue is too small for the needs of the sport amid a growing global popularity, said the head of the International Table Tennis Federation Petra Soerling on Thursday.The table tennis competition at the 2028 Games will be held at t...Reuters
Thu, May 15
Basketball-Valkyries make WNBA debut with sky-high expectations
By Amy Tennery NEW YORK, May 15 (Reuters) - Excitement for the WNBA's first expansion franchise in 17 years hits a fever pitch on Friday, as the Golden State Valkyries kick off their first season after blockbuster demand from fans.The WNBA awarded the new franchise, its first since 2008, to t...Reuters
Thu, May 15
Malaysian minister more hopeful after trade talks with US
By Jihoon Lee SEOGWIPO, South Korea, May 15 (Reuters) - Malaysia's trade minister is more optimistic of achieving a deal with Washington to reduce tariffs, he said on Thursday, after a meeting with his U.S. counterpart.Minister of Investment, Trade and Industry Tengku Zafrul Aziz met U.S. Tra...Reuters
Thu, May 15
Russian delegation in Istanbul says it is ready to discuss possible compromises in talks with Ukraine
MOSCOW, May 15 (Reuters) - Russian negotiators in Istanbul are prepared to resume the negotiation process with Ukraine and to discuss possible compromises with Kyiv, Vladimir Medinsky, the head of the delegation, said on Russian state TV.Reuters
Thu, May 15
Sproutr closes Altai Ventures-led seed round
By Chris MunroMay 15 - (The Insurer) - Sproutr has closed its Altai Ventures-led seed round which the insurtech platform will use to make further progress on its technology roadmap and to grow its team.The Solebury, Pennsylvania-based business helps MGAs/MGUs, program administrators and carriers nav...Reuters
Thu, May 15
FACTBOX-European regulators crack down on Big Tech
May 15 (Reuters) - European regulators have launched a series of investigations into Big Tech in recent years.Here are some of the actions taken: DIGITAL SERVICES ACTTech companies are required to do more to tackle illegal and harmful content on their platforms under the EU's Digital Service...Reuters
Thu, May 15
DIARY-Political and General News Events from May 15
May 15 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Thu, May 15
Adidas chair reelected to 2026 despite shareholder revolt
Chairman Thomas Rabe elected for sixth year in the role64% of shareholders back re-election vs 69% last year Rabe pledges to stand down at 2026 AGM May 15 (Reuters) - Adidas ADSGn.DE shareholders approved the reelection of Chairman Thomas Rabe on Thursday despite a revolt, with some investors say...Reuters
Thu, May 15
Exclusive: Lloyd's corporate affairs director Clement to leave role
By Scott VincentMay 15 - (The Insurer) - Lloyd's corporate affairs director Rebekah Clement is set to leave the Corporation at the end of the month, a Lloyd's spokesperson confirmed to The Insurer. Clement was named corporate affairs director in 2023, reporting directly to CEO John Neal. She...Reuters
Thu, May 15
Walmart CEO Says Larger Tariffs On China Have The Biggest Impact
May 15 (Reuters) - Walmart Inc WMT.N:WALMART CEO SAYS ALL OF THE TARIFFS CREATE COST PRESSURE FOR US, BUT THE LARGER TARIFFS ON CHINA HAVE THE BIGGEST IMPACT FOR US - CONF CALLWALMART CEO SAYS 'WE WON'T LET TARIFF-RELATED COST PRESSURE ON SOME GENERAL MERCHANDISE ITEMS PUT PRESSURE ON FOOD P...Reuters
Thu, May 15
South Africa does not plan to replace US HIV funds yet, minister says
By Nellie Peyton PRETORIA, May 15 (Reuters) - South Africa's Health Minister Aaron Motsoaledi said on Thursday that the government had not secured any new funding yet for HIV after the U.S. cut aid, and denied reports that its HIV programme was badly affected. The United States' global HI...Reuters
Thu, May 15
CORRECTED-U.S. lawmakers introduce bill to address AI chip smuggling
By Stephen Nellis SAN FRANCISCO, May 15 (Reuters) - A bipartisan group of eight U.S. lawmakers introduced a bill on Thursday that would require makers of artificial intelligence chips such as Nvidia to include technology to verify the location of their chips before exporting them.The Chip Securit...Reuters
Thu, May 15
Soccer-Europa League final will not influence selection for Chelsea trip, says Amorim
May 15 (Reuters) - Manchester United's starting lineup for Friday's Premier League match at Chelsea will not be influenced by the upcoming Europa League final, but players susceptible to injuries will not be risked, manager Ruben Amorim said.United play Tottenham Hotspur in the Europa League...Reuters
Thu, May 15
