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US targets Iran-backed Hezbollah with new sanctions, Treasury Departments says
WASHINGTON, May 15 (Reuters) - The United States targeted two senior Hezbollah officials and two financial facilitators with new sanctions on Thursday for their role in coordinating financial transfers to the Iran-backed group, the Treasury Department said. The latest sanctions come as President ...Reuters
Thu, May 15
REFILE-Stellantis chairman denies merger talks with Renault
ROME, May 15 (Reuters) - Stellantis STLAM.MI Chairman John Elkann on Thursday denied there was any truth to rumours that the company is in merger talks with fellow European automaker Renault RENA.PA."We are not discussing any merger," Elkann said at the FT Future of the Car Summit in London,...Reuters
Thu, May 15
Erdogan tells Zelenskiy that Turkey to host him, Putin when they are ready
ANKARA, May 15 (Reuters) - President Tayyip Erdogan told Ukraine's Volodymyr Zelenskiy in Ankara on Thursday that Turkey was ready to host him and Russia's Vladimir Putin for peace talks "when they are ready", his office said. Erdogan met Zelenskiy in the Turkish capital after Putin ...Reuters
Thu, May 15
Soccer-Start of FIFA Congress delayed as delegates wait for Infantino's arrival in Paraguay
By Javier LeiraASUNCION, May 15 (Reuters) - FIFA President Gianni Infantino's late arrival in Paraguay forced a two-hour delay to the start of the FIFA Congress on Thursday, sources told Reuters, following his Middle East trip accompanying Donald Trump on state visits. Media reports said Infanti...Reuters
Thu, May 15
US and UAE have finalised technology framework agreement, source with knowledge says
DUBAI, May 15 (Reuters) - The United States and United Arab Emirates have finalised a technology framework agreement that is expected to be signed later on Thursday, a source with knowledge of the matter said.The agreement requires commitments on both sides to the security of technology, the source ...Reuters
Thu, May 15
Wisconsin judge pleads not guilty to impeding immigrant's arrest
Judge Hannah Dugan pleads not guilty to obstruction, concealment chargesDugan seeking to have case dismissedTrump administration has vowed to investigate interference with immigration enforcementBy Andrew Goudsward MILWAUKEE, Wisconsin, May 15 (Reuters) - A Wisconsin judge pleaded not guilty on T...Reuters
Thu, May 15
Phillips 66 trims portfolio with German and Austria retail sale amid Elliott pressure
May 15 (Reuters) - Phillips 66 PSX.N said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S. refiner moves to streamline its portfolio amid pressure from activist investor Elliott Inve...Reuters
Thu, May 15
New England Indemnity Company startup gets A-minus PCA from AM Best
By David BullMay 15 - (The Insurer) - John Elias-led personal lines and small commercial insurance startup New England Indemnity Company (NEIC) has been assigned a preliminary credit assessment by AM Best, with a financial strength assessment of A-minus and a long-term issuer credit assessment of a-...Reuters
Thu, May 15
PAK gets Great American capacity for new cyber program
By Chris MunroMay 14 - (The Insurer) - PAK Programs has secured capacity from AM Best A-plus rated Great American Insurance Companies to offer its brewery, winery and other alcoholic beverage industry clients enhanced cybersecurity coverage.Cedar Knolls, New Jersey-based PAK said the new coverage ai...Reuters
Thu, May 15
BlackRock wins 67% support for pay as CEO Fink assures on global economy
Support was an improvement on last year's 59%But well below S&P 500 average CEO Fink says financial system 'safe and sound'By Ross Kerber and Niket NishantMay 15 (Reuters) - Top asset manager BlackRock BLK.N said on Thursday that 67% of votes cast at its annual meeting were in suppo...Reuters
Thu, May 15
South Africa has no 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
MGA K2 Oconus launches MissionGuard for US contractors abroad
By Isha MaratheMay 15 - (The Insurer) - K2 Oconus has launched MissionGuard, an insurance solution designed to support U.S. government and non-government contractors abroad, expanding beyond its core Defense Base Act insurance product.Commenting on the new product, K2 Oconus CEO Chris Leo said: ...Reuters
Thu, May 15
Deals of the day-Mergers and acquisitions
May 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** Canada's Enbridge said that Stonlasec8 Indigenous Alliance will buy a 12.5% stake in the pipeline operator's Westcoast system for C$715 million ($511.19 mil...Reuters
Thu, May 15
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
