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South Korea to help small, medium-sized firms hit by tariffs
SEOUL, May 14 (Reuters) - South Korea has prepared support measures for small and medium-sized firms expected to be hurt by U.S. tariffs, the government said on Wednesday. The measures include financing support worth 4.6 trillion won ($3.25 billion), subsidies to ease the burden of logistics costs, ...Reuters
Wed, May 14
Trump lavishes praise on Saudi crown prince, signaling renewed alliance
Relationship anchored in shared interests'Oh, what I do for the crown prince,' Trump saysSaudi ruler leads standing ovation for Trump By Gram Slattery and Nandita Bose RIYADH/WASHINGTON, May 13 (Reuters) - Four years ago, Saudi Crown Prince Mohammed bin Salman struggled to get an audience...Reuters
Wed, May 14
US consumer finance watchdog scraps Toyota settlement, Walmart lawsuit
CFPB also ends requirements that Toyota pay tens of millions to car buyersWalmart had been accused of causing delivery drivers to pay "junk fees"Former official denounces 'corporate pardons' May 13 (Reuters) - The U.S. Consumer Financial Protection Bureau has canceled a 2023 settl...Reuters
Wed, May 14
Brazil's Raizen posts net loss of 2.5 billion reais in the Q4 of 2024/25 crop
May 13 (Reuters) - Raizen SA RAIZ4.SA:REPORTS ADJUSTED EBITDA OF 1.72 BILLION REAIS IN THE Q4 OF 2024/25 CROPREPORTS NET REVENUE OF 57.7 BILLION REAIS IN THE Q4 OF 2024/25 CROP (LSEG POLL 58.8 BILLION REAIS)REPORTS NET LOSS OF 2.5 BILLION REAIS IN THE Q4 OF 2024/25 CROPReuters
Wed, May 14
Lack of oxygen likely caused 2023 air crash that prompted Washington, DC scare
By David Shepardson WASHINGTON, May 13 (Reuters) - A lack of oxygen likely incapacitated the pilot of a Cessna Citation 560 in June 2023 that prompted the U.S. military to scramble F-16 fighter jets before the private jet crashed in Virginia killing all four occupants, a final report said on Tues...Reuters
Wed, May 14
Digital lender Nubank posts slightly adjusted profit miss in first quarter
By Andre RomaniSAO PAULO, May 13 (Reuters) - Nu Holdings NU.N, the listed entity which runs Brazilian digital lender Nubank, posted on Tuesday a 37% increase in its adjusted net profit from a year earlier, slightly missing analysts' estimates.Nubank, which counts Warren Buffett's Berkshire H...Reuters
Wed, May 14
Venezuelans in El Salvador prison plead for freedom in video
By Kristina Cooke and Ted Hesson May 13 (Reuters) - Venezuelans held in a high-security prison in El Salvador shouted “freedom” and used a hand signal for help in a video published by the far-right One America News Network, a rare glimpse of the detainees since they were sent there by the U.S. in...Reuters
Wed, May 14
Two Taiwan allies attend Beijing forum as China steps up diplomatic pressure
Haiti, Saint Lucia officials attend high level forum in BeijingBoth countries only have formal ties with Taiwan not ChinaChina has stepped up pressure to win over Taiwan's alliesBy Liz Lee and Eduardo BaptistaBEIJING, May 13 (Reuters) - Haiti's foreign minister was one of Taiwan's two di...Reuters
Tue, May 13
US judge says Trump can use Alien Enemies Act for deportations
By Dietrich Knauth May 13 (Reuters) - A federal judge in Pennsylvania ruled on Tuesday that the United States can use the Alien Enemies Act to fast-track the deportation of accused Venezuelan gang members, in what appears to be the first court ruling that backs the Trump administration’s interpre...Reuters
Tue, May 13
Wisconsin judge indicted on obstructing immigration case
May 13 (Reuters) - A Wisconsin judge who was arrested last month and accused of helping an undocumented immigrant in her court briefly evade immigration authorities was indicted by a federal grand jury on Tuesday on charges of concealing a person from arrest and obstruction of proceedings. Hannah...Reuters
Tue, May 13
Tiktok Has Been Working On New Feature That Will Allow Users In US To Share Photos Over Direct Messages Inside App- The Information
May 13 (Reuters) - TIKTOK HAS BEEN WORKING ON NEW FEATURE THAT WILL ALLOW USERS IN U.S. TO SHARE PHOTOS OVER DIRECT MESSAGES INSIDE APP- THE INFORMATIONSource text: https://tinyurl.com/yxvpe4sxReuters
Tue, May 13
Churchill Capital Corp X - Pricing Of Upsized IPO Of 36 Million Units At $10.00 Per Unit
May 13 (Reuters) - CHURCHILL CAPITAL CORP X ANNOUNCES PRICING OF UPSIZED $360 MILLION INITIAL PUBLIC OFFERINGCHURCHILL CAPITAL CORP X - PRICING OF ITS UPSIZED INITIAL PUBLIC OFFERING OF 36 MILLION UNITS AT $10.00 PER UNITReuters
Tue, May 13
EXCLUSIVE-SiCarrier - Huawei partner in chips - seeks $2.8 billion in funds, sources say
SiCarrier seeking $11 billion valuation for unit, sources say Startup made splash at trade fair with wide-ranging product catalogue It wants to be one-stop shop for chipmaking gear needs, patents showMost products are not yet production-ready, sources sayCustomers wary SiCarrier's links to Huawe...Reuters
Tue, May 13
Judge indicted on obstructing immigration case, New York Times reports
May 13 (Reuters) - A Wisconsin judge who was arrested last month and accused of helping an undocumented immigrant in her court briefly evade immigration authorities was indicted by a federal grand jury on Tuesday on charges of concealing a person from arrest and obstruction of proceedings, the New Y...Reuters
Tue, May 13
Digital banking startup Chime reveals rise in revenue as it files for US IPO
By Jaiveer Shekhawat and Manya SainiMay 13 (Reuters) - Digital banking fintech firm Chime disclosed a rise in 2024 revenue in its IPO filing on Tuesday for a long-awaited U.S. stock market launch. Financial technology companies have increasingly entered the U.S. lending space, aiming to wrest ma...Reuters
Tue, May 13
Lack of oxygen likely incapacitated pilot of plane in 2023 fatal crash that prompted DC scare
WASHINGTON, May 13 (Reuters) - A lack of oxygen likely incapacitated the pilot of a Cessna 560 in June 2023 that prompted the U.S. military to scramble F-16 fighter jets in a chase before the small plane crashed into the mountains of Virginia killing all four occupants, a final report said on Tuesda...Reuters
Tue, May 13
Brazil meatpacker JBS sees slim trade war impact as Q1 earnings top forecasts
Q1 EBITDA tops analyst forecastsSeara and U.S. Pilgrim's Pride report record high EBITDA marginsRising Brazilian cattle prices, global trade war cloud outlook By Ana Mano and Roberto Samora SAO PAULO, May 13 (Reuters) - JBS JBSS3.SA, the world's largest meatpacker, reported a nearly 78% a...Reuters
Tue, May 13
Mexico hopes early USMCA review will give investors, consumers clarity
By Natalia Siniawski MEXICO CITY, May 13 (Reuters) - Mexico hopes to start a review of its trilateral trade agreement with the U.S. and Canada in the second half of this year, ahead of schedule, to provide clarity to consumers and investors, the nation's economy minister said on Tuesday.&...Reuters
Tue, May 13
