News
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Novo Nordisk strikes $2.2 billion deal with Septerna to develop new obesity treatments
COPENHAGEN, May 14 (Reuters) - Novo Nordisk has struck a collaboration and licensing deal with U.S. biotech Septerna to develop oral small molecule medicines for obesity, type 2 diabetes and other cardio-metabolic diseases that could be worth up to $2.2 billion for Septerna, they said on Wednesday. ...Reuters
Wed, May 14
AI infrastructure firm TensorWave raises $100 million in latest funding
May 14 (Reuters) - TensorWave, a Las Vegas-based startup, announced on Wednesday that it has secured $100 million in the latest funding round, as it aims to capitalize on the rapidly expanding AI infrastructure market.The company, however, did not disclose the valuation at which the funding was rais...Reuters
Wed, May 14
German property bank PBB to shun new US business, citing Trump volatility
Company says US is too risky under Donald TrumpAll options on the table for current US businessFirst-quarter profit slips 17% year-on-yearLender wants to shift focus away from commercial propertyBy Tom Sims and Alexander Hübner FRANKFURT, May 14 (Reuters) - Deutsche Pfandbriefbank PBBG.DE, one of...Reuters
Wed, May 14
CMA launches probe into Aviva's 3.7 billion pound Direct Line takeover
By Ryan HewlettMay 14 - (The Insurer) - Britain's antitrust watchdog has launched an investigation into London-listed Aviva’s planned 3.7 billion pound ($4.9 billion) takeover of rival Direct Line Insurance Group.The Competition and Markets Authority confirmed on Wednesday that it would probe th...Reuters
Wed, May 14
German cabinet due to agree 2026 draft budget in July, says finance minister
BERLIN, May 14 (Reuters) - Germany's draft budget for 2026 should be approved by the cabinet in July and be passed by parliament in September, Finance Minister Lars Klingbeil said on Wednesday. The budget for 2025 should also be passed by parliament in September, ending the provisional budget. ...Reuters
Wed, May 14
McDonald's India operator doubles quarterly profit as budget menu draws more diners
May 14 (Reuters) - Westlife Foodworld WEST.NS, the operator of McDonald's MCD.N in parts of India, on Wednesday doubled its fourth-quarter profit, helped by cheaper menu items and new restaurant openings.The restaurant operator's consolidated profit after tax rose to 15.2 million rupees ($17...Reuters
Wed, May 14
Ardonagh Advisory rebrands to Everywhen
By Rebecca DelaneyMay 14 - (The Insurer) - Ardonagh has rebranded its UK SME broking platform Ardonagh Advisory to Everywhen.The new brand was launched at the British Insurance Brokers' Association annual conference in Manchester on Wednesday.Ardonagh said the move to a unified brand marked a &#...Reuters
Wed, May 14
Xiaomi's new EV orders slump in China as consumer backlash grows
New EV orders slump 55% in April vs March, analyst data shows Consumers seek refunds over car hood controversyOther complain about a big discrepancy in delivery times SHANGHAI, May 14 (Reuters) - China's Xiaomi 1810.HK is seeing a slump in new orders for its SU7 electric sedan, analysts said...Reuters
Wed, May 14
Trump says does not know if Putin will show up to talks in Turkey
May 14 (Reuters) - U.S. President Donald Trump on Wednesday said he does not know if Russian President Vladimir Putin will show up for talks on the war in Ukraine planned for Thursday in Turkey."He'd like me to be there, and that's a possibility. ... I don't know that he would be the...Reuters
Wed, May 14
Lifting Syria sanctions will benefit Turkish firms and banks, says BBVA CEO
By Karin Strohecker LONDON, May 14 (Reuters) - Turkish companies and banks will benefit from a lifting of U.S. sanctions on Syria, Onur Genc, chief executive officer of financial group BBVA said on Wednesday.In a major U.S. policy shift, U.S. President Donald Trump said on Tuesday that he would o...Reuters
Wed, May 14
Italy's De Nora does not see a hit from U.S. tariffs, CEO tells Reuters
May 14 (Reuters) - Industrie De Nora CEO Paolo Dellacha tells Reuters:ITALY'S DE NORA PRODUCES BULK OF ITS U.S. SALES IN THE COUNTRY, IS INSULATED AGAINST TARIFF IMPACTITALY'S DE NORA LOOKING AT LITHIUM RECYCLING AS NEW STREAM OF REVENUE IN ENERGY TRANSITION BUSINESSITALY'S DE NORA CONSI...Reuters
Wed, May 14
Turkey's Erdogan thanks Trump for lifting sanctions on Syria
ANKARA, May 14 (Reuters) - Turkish President Tayyip Erdogan on Wednesday expressed his thanks to U.S. President Donald Trump for the U.S. announcement that it would lift all sanctions on the Syrian government.In a speech to lawmakers from his AK Party in parliament, Erdogan also said he had trust in...Reuters
Wed, May 14
Saudi sees many investment opportunities in Syria after US lifts sanctions, says foreign minister
DUBAI, May 14 (Reuters) - Saudi foreign minister Prince Faisal bin Farhan Al-Saud said there will be many investment opportunities in Syria after the U.S. lifts sanctions, a day after a surprise U.S. announcement it would lift all sanctions on the Islamist-led government.Bin Farhan added that there ...Reuters
Wed, May 14
Sunshine Oilsands Received An Order Notice From Alberta Energy Regulator
May 14 (Reuters) - Sunshine Oilsands Ltd 2012.HK:RECEIVED AN ORDER NOTICE FROM ALBERTA ENERGY REGULATORNOTICE REQUIRING CO TO SUBMIT PROJECT ABANDONMENT PLAN AS CO FAILED TO MEET THEIR MAINTENANCE REQUIREMENTSALSO RECEIVED LEGAL DOCUMENTS FROM ORPHAN WELL ASSOCIATION SEEKING TO TAKE OVER CO'S PR...Reuters
Wed, May 14
Saudi fully supports US-Iran nuclear talks, hopes for positive results, foreign minister says
DUBAI, May 14 (Reuters) - Saudi Arabia fully supports the U.S.-Iran nuclear talks and hopes for positive results, the kingdom's foreign minister Prince Faisal bin Farhan Al-Saud said on Wednesday.Reuters
Wed, May 14
MakeMyTrip Gross Bookings Increased By 30.4% YoY In 4Q25 To $2,553.1 Million
May 14 (Reuters) - MakeMyTrip Ltd MMYT.O:MAKEMYTRIP LTD: GROSS BOOKINGS INCREASED BY 30.4% YOY IN 4Q25 TO $2,553.1 MILLIONMAKEMYTRIP LTD QTRLY REVENUE OF $245.5 MILLIONMAKEMYTRIP LTD QTRLY EARNINGS PER SHARE $0.25Source text: [ID:n0000950170-25-070886]Reuters
Wed, May 14
Andrew Witty Steps Down As CEO Of UnitedHealth Group - SEC Filing
May 14 (Reuters) - UNITEDHEALTH GROUP INC - ANDREW WITTY STEPS DOWN AS CEO OF UNITEDHEALTH GROUP - SEC FILINGUNITEDHEALTH GROUP INC - HEMSLEY TO RECEIVE ANNUAL BASE SALARY OF $1 MILLION - SEC FILINGUNITEDHEALTH GROUP INC - HEMSLEY RECEIVES ONE-TIME $60 MILLION EQUITY AWARD WITH CLIFF VESTING AFTER 3...Reuters
Wed, May 14
