News
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German foreign minister warns countries can't fill gap if U.S. pulls UN peacekeeping funding
GENEVA, May 14 (Reuters) - Countries will not be able to fill the gap if the U.S. withdraws its funding for the United Nations peacekeeping mission, Germany's foreign minister said on Wednesday."We won't fully be able to fill the gap if the U.S. withdraws from peacekeeping funding," ...Reuters
Wed, May 14
Chinese robotaxi operator Pony.ai says one of its cars caught fire, no injuries
SHANGHAI, May 14 (Reuters) - Chinese robotaxi operator Pony.ai said on Wednesday that one of its cars caught fire while being handled by service staff after a system malfunction, but that no passengers were onboard. The vehicle was operating without a human driver on the road on Tuesday morning when...Reuters
Wed, May 14
US smartphone shipments rose 30% in March due to tariff concerns, report says
May 14 (Reuters) - Smartphone shipments to the U.S. surged 30% in March as manufacturers Apple AAPL.O, Samsung 005930.KS and Motorola rushed to bring more devices into the country in anticipation of steep import tariffs, Counterpoint Research said on Wednesday.Apple alone airlifted a record $2 billi...Reuters
Wed, May 14
Big names, bold mission: W7F to kick off women’s soccer series with a social twist
W7F launches social drives to tackle gender gaps in footballRising 7's targets girls abandoning sports during adolescenceCommunity Champions grants funds to local non-profits for girls' football access LISBON, May 14 (Reuters) - World Sevens Football (W7F) isn't just rolling out a $5 ...Reuters
Wed, May 14
Steelmaker Nucor halts some production after cyber security incident
May 14 (Reuters) - Steelmaker Nucor NUE.N said on Wednesday it had halted certain production at various locations after identifying a cyber security incident that involved unauthorized third-party access to certain information technology systems it used.The Charlotte, North Carolina-based company sa...Reuters
Wed, May 14
British brokers hail 'new era' of regulation following FCA reforms
By Ryan HewlettMay 14 - (The Insurer) - British insurance brokers have hailed “a new era” of relations with UK regulators after the Financial Conduct Authority on Wednesday unveiled proposals to streamline its rulebook for the UK insurance market.Opening the British Insurance Brokers’ Association an...Reuters
Wed, May 14
Turkish, US, Syrian top diplomats to weigh details of Syria's release from US sanctions
ANTALYA, Turkey, May 14 (Reuters) - The foreign ministers of Turkey, the United States and Syria will meet in southern Turkey on Thursday to discuss details of U.S. President Donald Trump's pledge to lift sanctions on Syria, Turkish Foreign Minister Hakan Fidan said on Wednesday.In a surprise an...Reuters
Wed, May 14
MOVES-Citi hires Wyatt Crowell to head North America commercial bank
NEW YORK, May 14 (Reuters) - Citigroup C.N on Wednesday appointed Wyatt Crowell as head of its North America commercial bank. Crowell will start in the role this month and report to the global head of Commercial Bank, Tasnim Ghiawadwala, and head of North America, Sunil Garg.Crowell joins from HSBC ...Reuters
Wed, May 14
Sustainable Finance Newsletter - Elections matter: Banking, climate policy edition
By Ross Kerber May 14 (Reuters) - Of the 11 stories listed on Tuesday as top Sustainable Finance pieces on our wire at midday, I counted nine as being about government or public policy. These included news about a U.S. House budget proposal that would reduce government support for clean energ...Reuters
Wed, May 14
Danish aid group exits six countries, slashes more jobs after Trump cuts
GENEVA, May 14 (Reuters) - The Danish Refugee Council, a major humanitarian group, said on Wednesday it will end its relief programmes in six countries and slash 650 additional jobs after the United States, its number two donor, cut funding.U.S. President Donald Trump has drastically scaled back for...Reuters
Wed, May 14
Turkish, Ukrainian ministers discuss peace, Zelenskiy visit, Turkish source says
ANKARA, May 14 (Reuters) - The foreign ministers of Turkey and Ukraine discussed efforts to reach a ceasefire and lasting peace between Russia and Ukraine, and President Volodymyr Zelenskiy's planned Ankara visit, during a meeting on Wednesday, a Turkish foreign ministry source said.Turkish Fore...Reuters
Wed, May 14
Wendt GmbH Proposes To Sell Up To 30% Stake In Wendt (India)
May 14 (Reuters) - Wendt (India) WNDT.NS:WENDT GMBH PROPOSES TO SELL UP TO 30% STAKE IN CO VIA OFFER FOR SALEFLOOR PRICE FOR OFFER FOR SALE SET AT 6,500 RUPEES PER SHAREWENDT GMBH CAN SELL ADDITIONAL 7.5% STAKE IN CO IF BASE OFFER IS OVERSUBSCRIBEDReuters
Wed, May 14
Germany's Merck drops China surcharge on orders after US-China tariff deal
SHANGHAI, May 14 (Reuters) - German healthcare and materials group Merck KGaA MRCG.DE has dropped a surcharge on life sciences sector orders within China following the U.S.-China agreement to pause sky-high tariffs on each other, the company said Wednesday.
Bluebird bio receives higher upfront offer from PE firms Carlyle, SK Capital
May 14 (Reuters) - Bluebird bio BLUE.O and Carlyle Group CG.O and SK Capital Partners said on Wednesday that the private equity firms have offered $5 per share upfront to takeover the gene therapy maker.Shareholders may elect to receive either the new offer or the previous offer of $3 per share, wit...Reuters
Wed, May 14
London market welcomes FCA streamlining proposals for UK insurers
Proposals are "proof positive" of growth and competitiveness objective: WagstaffNew definition of large commercial insurance customers welcomed by London marketLMA warns that subscription market rules miss the role of MGAs and brokersBy Rebecca DelaneyMay 14 - (The Insurer) - London market p...Reuters
Wed, May 14
Brazil's carrier Azul reports Q1 net loss Of 1.82 billion reais
May 14 (Reuters) - Brazil's Azul AZUL4.SA:REPORTS Q1 EBITDA OF 1.38 BILLION REAIS - FILINGREPORTS Q1 NET REVENUE OF 5.39 BILLION REAIS - FILINGREPORTS Q1 NET LOSS OF 1.82 BILLION REAIS - FILINGFurther company coverage: AZUL4.SAReuters
Wed, May 14
