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Down, but not out: Philippines election gifts Duterte a shot at political survival
Marcos extends unity message after political setbackDuterte family's influence persists despite turmoilSara Duterte tipped to run for 2028 presidencyAnother Duterte presidency could have implications for U.S. alliance By Karen Lema MANILA, May 13 (Reuters) - A Philippine midterm election may ...
Reuters
Tue, May 13
US can curb AI chip risks without halting tech exports, US official says
RIYADH, May 13 (Reuters) - The United States does not need to block the global spread of its AI chips and technology to manage national security risks, a White House official said on Tuesday, signalling a more open stance on exports to trusted allies such as Saudi Arabia. David Sacks, the White Hous...
Reuters
Tue, May 13
WTW Acquires Al-Futtaim Group's 51% Stake In Al-Futtaim Willis
May 13 (Reuters) - WILLIS TOWERS WATSON WTW.O:WTW ACQUIRES AL-FUTTAIM GROUP'S 51% STAKE IN AL-FUTTAIM WILLIS
Reuters
Tue, May 13
South Korea Jeju Air crash families file criminal complaint against minister, 14 others
SEOUL, May 13 (Reuters) - Families of victims from the Jeju Air 089590.KS plane that crashed in December have filed a criminal complaint against 15 people including South Korean government officials and airline safety representatives, their lawyers said on Tuesday.Families of 72 of the victims from ...
Reuters
Tue, May 13
UnitedHealth CEO Andrew Witty steps down
May 13 (Reuters) - UnitedHealth GroupUNH.N said on Tuesday its CEO, Andrew Witty, has decided to step down for personal reasons, effective immediately.
Reuters
Tue, May 13
Shopee-owner Sea narrowly misses quarterly revenue estimates
May 13 (Reuters) - Southeast Asian technology firm Sea Ltd SE.N narrowly missed estimates for first-quarter revenue on Tuesday, as consumers dialed back spending on its e-commerce platform in the face of an uncertain economy.Its revenue stood at $4.84 billion for the January to March period, compare...
Reuters
Tue, May 13
Hinge Health targets $437 million in NYSE IPO
May 13 (Reuters) - Digital health startup Hinge Health said on Tuesday it plans to raise over $437 million in its New York Stock Exchange debut.
Reuters
Tue, May 13
Arundo Re bolsters non-life underwriting with Bergot hire
By Ryan HewlettMay 13 - (The Insurer) - Paris-based reinsurer Arundo Re, the recently rebranded CCR Re, has appointed Guillaume Bergot as non-life underwriter for France, Belgium and Luxembourg.Bergot joins Arundo Re from Gallagher Re, where he assisted insurers in structuring their reinsurance prog...
Reuters
Tue, May 13
Canopius UK CEO to join LMA board
By Navneeta NandanMay 13 - (The Insurer) - The Lloyd’s Market Association (LMA) has appointed Mark Newman, chief executive officer of Canopius UK and Canopius Managing Assets, to its board.The appointment comes after Canopius Group CEO Kate Roy stepped down from the board.Newman joined Canopius as C...
Reuters
Tue, May 13
Restaurant tech startup Owner.com hits $1 billion valuation - Bloomberg News
-- Source link: https://tinyurl.com/336vbx3v-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Tue, May 13
FACTBOX-'De minimis': the trade perk Trump ended as part of China tariffs
By Casey Hall May 13 (Reuters) - The Trump administration ended U.S. duty-free access for low-value shipments from China and Hong Kong on May 2, removing the "de minimis" exemptions used by Shein, Temu and other e-commerce firms as well as traffickers of fentanyl and other illicit goods. ...
Reuters
Tue, May 13
T1 Energy Inc
expected to post a loss of 7 cents a share - Earnings Preview
T1 Energy Inc TE.N, TE is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Austin Texas-based company is expected to report revenue of $74 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean a...
Reuters
Tue, May 13
Will Putin attend Ukraine peace talks in Turkey? Kremlin declines comment for now
MOSCOW, May 13 (Reuters) - Russia will announce who is attending proposed peace talks in Turkey on ending the war in Ukraine when President Vladimir Putin sees fit to, the Kremlin said on Tuesday, declining to say at this stage whether or not Putin will attend himself. Putin on Sunday proposed direc...
Reuters
Tue, May 13
In birthright citizenship case, US Supreme Court gets two controversies in one
Trump order targeted children of certain immigrantsThree judges issued orders blocking policy nationwideSupreme Court to hear arguments in case on ThursdayBy Andrew Chung May 13 (Reuters) - One of President Donald Trump's most contentious policies - his attempt to restrict automatic birthrigh...
Reuters
Tue, May 13
Trump administration's arrest of judge stirs debate over immigration courthouse arrests
ICE courthouse arrests more than double under TrumpObservers say arrest meant to send message to judiciaryBy Andrew Goudsward WASHINGTON, May 13 (Reuters) - The arrest of a Wisconsin state court judge for allegedly helping a migrant evade U.S. authorities marks another salvo in a long-brewing deb...
Reuters
Tue, May 13
Sean 'Diddy' Combs' ex-girlfriend Cassie to testify as star witness in sex trafficking trial
Video evidence depicts Combs attacking Cassie VenturaCombs accused of drug-fueled sex parties, blackmailing womenDomestic violence not the same as sex trafficking, defense saysBy Jack Queen May 13 (Reuters) - Sean "Diddy" Combs' ex-girlfriend Casandra Ventura, a rhythm and blues singe...
Reuters
Tue, May 13
Menendez brothers face key hearing in bid to reduce life sentences for murder
Defense cites new evidence of sexual abuse by fatherFormer DA supports parole eligibility under youthful offender statuteCurrent DA opposes re-sentencing, says brothers not fully accept responsibilityBy Lisa RichwineLOS ANGELES, May 13 (Reuters) - Lyle and Erik Menendez face a Los Angeles court on T...
Reuters
Tue, May 13
US Republicans kick off debate on Trump tax cut package, including within own party
Republicans face internal divisions over tax cuts and spending cutsDemocrats oppose Medicaid cuts to fund tax legislationHouse Speaker Johnson urges quick passage before Memorial DayBy Bo Erickson WASHINGTON, May 13 (Reuters) - Republicans in the U.S. House of Representatives on Tuesday will kick...
Reuters
Tue, May 13
As fire truck prices hit $2 million, US firefighters demand an antitrust probe
Prices have doubled in 10 years, union saysSome cities wait years for new trucksGroups also call for study of equipment, partsBy Jody GodoyMay 13 (Reuters) - The largest firefighters' labor union in the U.S. is demanding antitrust authorities investigate the companies that make fire trucks, sayi...
Reuters
Tue, May 13
ANALYSIS-Tesla's refresh to best-selling Model Y SUV starts on rocky road
Attractive financing deals soon after rollout show weak demand Short wait times for customers show demand less than supplyAnalysts blame rising competition, backlash against Musk's politics Slow kickoff piles pressure on Tesla to launch cheaper modelsBy Abhirup Roy SAN FRANCISCO, May 13 (Reut...
Reuters
Tue, May 13
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