News
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Brazil's JBS reports profit of $521 million in first quarter
SAO PAULO, May 13 (Reuters) - JBS JBSS3.SA, the world's largest meatpacker, on Tuesday reported a net profit of 2.92 billion reais ($521 million) in the first quarter, in line with analysts' estimates of a 2.92 billion real net profit and a nearly 78% annual increase.In a financial statement...Reuters
Tue, May 13
Boy Scouts organization defeats appeals over $2.46 bln sex abuse settlement
By Dietrich Knauth May 13 (Reuters) - A federal appeals court on Tuesday rejected calls to overturn the Boy Scouts of America's $2.46 billion sex abuse settlement, saying the appeals came too late to upend the settlement because the youth organization had already emerged from bankruptcy two y...Reuters
Tue, May 13
WRAPUP 3-US slashes 'de minimis' tariff on small China parcels to as low as 30%
Trump cuts duties on China low-value commercial shipments to 30%-experts Tariffs on China postal shipments cut to 54% or $100 per package US de minimis rule blamed for flood of cheap imports and smugglingBy Farah Master, Casey Hall and Lisa Baertlein HONG KONG/SHANGHAI/LOS ANGELES, May 13 (Reuter...Reuters
Tue, May 13
Southwest Airlines files for permit to fly more international routes
May 13 (Reuters) - Southwest Airlines LUV.N on Tuesday filed with U.S. regulators asking for a permit to fly more international routes, including Europe, hinting at plans to expand its limited global network.The carrier's filing with the U.S. Department of Transport seeks permission to transport...Reuters
Tue, May 13
Golf-Scheffler unperturbed after rain interrupts Quail Hollow practice
By Frank PingueCHARLOTTE, North Carolina, May 13 (Reuters) - Scottie Scheffler is unfazed by the heavy rains that have severely hampered players' preparation for this week's PGA Championship at Quail Hollow Club and said on Tuesday he will be ready to roll when the major begins later this w...Reuters
Tue, May 13
New Fortress Energy extends quarterly report filing due to delay in Jamaica business sale
May 13 (Reuters) - U.S.-based LNG company New Fortress Energy NFE.O said on Tuesday it intends to file its first-quarter report within the five-day extension period due to a delay in completing the previously announced sale of its Jamaica business.Reuters
Tue, May 13
China's Sinopec raises HK$7.75 billion exchangeable bond, term sheet shows
By Scott Murdoch SYDNEY, May 13 (Reuters) - China's Sinopec 600028.SS has raised HK$7.75 billion ($994.42 million) through an exchangeable bond, according to a term sheet seen by Reuters. The coupon for the seven-year bond was set at 0.75% and will be issued by a unit of Sinopec Group, the te...Reuters
Tue, May 13
Magnitude 5.9 earthquake strikes off coast of Jalisco, Mexico, EMSC says
May 13 (Reuters) - A magnitude 5.9 earthquake struck off the coast of Jalisco in Mexico, the European Mediterranean Seismological Centre (ESMC)said on Tuesday. The quake was at a depth of 10 km (6.21 miles), EMSC said.Reuters
Tue, May 13
Jet.AI Inc expected to post a loss of $1.31 a share - Earnings Preview
Jet.AI Inc JTAI.OQ JTAI.O is expected to show a rise in quarterly revenue when it reports results on May 15 (estimated) for the period ending March 31 2025The Las Vegas Nevada-based company is expected to report a 1.4% increase in revenue to $3.901 million from $3.85 million a year ago, according ...Reuters
Tue, May 13
Baseball-Hall of Fame door opens for Pete Rose after removal from MLB's ineligible list
May 13 (Reuters) - Pete Rose, "Shoeless" Joe Jackson and other deceased players will be removed from Major League Baseball's permanently ineligible list, Commissioner Rob Manfred said, possibly clearing the way for their induction into the Hall of Fame. Rose, MLB's all-time hits lead...Reuters
Tue, May 13
Robert De Niro calls for protest against 'philistine' Trump as Cannes opens
De Niro receives lifetime achievement awardTarantino officially opens festival with mic dropNew red-carpet rulesBy Miranda Murray CANNES, France, May 13 (Reuters) - Hollywood icon Robert De Niro lambasted "philistine" U.S. President Donald Trump on Tuesday and his proposed film tariff at ...Reuters
Tue, May 13
Ukraine's Zelenskiy insists on face-to-face talks with Putin in Istanbul
Zelenskiy will attend talks only if Putin does, says aideKremlin yet to say whether Putin will attendTrump's envoys will travel to Istanbul for the talksEurope works on more sanctions on Russia By Max Hunder and Yuliia Dysa KYIV, May 13 (Reuters) - President Volodymyr Zelenskiy said on Tuesda...Reuters
Tue, May 13
Adtran Holdings Inc Says Files Non-Timely 10-Q With U.S. SEC
May 13 (Reuters) - ADTRAN Holdings Inc ADTN.O:ADTRAN HOLDINGS INC SAYS FILES NON-TIMELY 10-Q WITH U.S. SECADTRAN HOLDINGS INC SAYS PLANS TO RESTATE CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR YEARS ENDED DECEMBER 31, 2024 AND DECEMBER 31, 2023Reuters
Tue, May 13
ADVISORY-Alert on Silver Star Properties REIT wrongly tagged to Silver Star Energy withdrawn
An alert on Silver Star Properties REIT SLVS.PK announcing steps following Gulf Plaza sale was incorrectly tagged to oil and natural gas exploration firm Silver Star Energy SVSE.PK, an unrelated company, and has been withdrawn. There will be no substitute. STORY_NUMBER:nFWN3RL2I0STORY_DATE:13/05/202...Reuters
Tue, May 13
P3 Health Partners Inc expected to post a loss of $8.91 a share - Earnings Preview
P3 Health Partners Inc PIII.OQ PIII.O is expected to show a fall in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Chicago Illinois-based company is expected to report a 7.8% decrease in revenue to $358.346 million from $388.49 million a year ago, accord...Reuters
Tue, May 13
Plby Group Inc expected to post a loss of 10 cents a share - Earnings Preview
Plby Group Inc PLBY.OQ PLBY.O is expected to show a fall in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Los Angeles California-based company is expected to report a 5.7% decrease in revenue to $26.705 million from $28.32 million a year ago, according ...Reuters
Tue, May 13
Quantum-Si Inc expected to post a loss of 15 cents a share - Earnings Preview
Quantum-Si Inc QSI.OQ QSI.O is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Branford Connecticut-based company is expected to report a 107.4% increase in revenue to $947.67 thousand from $457 thousand a year ago, according to...Reuters
Tue, May 13
Brazil's PagBank Announces First Dividends Ever
May 13 (Reuters) - PagSeguro Digital Ltd PAGS.N:PAGBANK ANNOUNCES AROUND 250 MILLION REAIS IN DIVIDENDS, ITS FIRST DIVIDENDS EVERPAGBANK REPORTS Q1 RECURRING NET PROFIT OF 554 MILLION REAIS (LSEG POLL 558.9 MILLION REAIS)PAGBANK REPORTS Q1 NET REVENUE OF 4.9 BILLION REAIS (LSEG POLL 4.88 BILLION REA...Reuters
Tue, May 13
