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FBI ordered to prioritize immigration, as DOJ scales back white collar cases
Field offices tell FBI agents to scale up on immigration enforcement and deprioritize white collar casesCriminal Division issues new guidance to prosecutors that narrows the scope of white collar enforcement effortsProsecutors told to consider whether corporate misconduct warrants federal prosecutio...Reuters
Tue, May 13
PRESS DIGEST- Financial Times - May 13
May 13 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Proxy adviser ISS backs Elliott in fight against Phillips 66- Perplexity nears second fundraising in six months at $14 billion valuatio...Reuters
Tue, May 13
Mexico's Pemex says it responded to Norway wealth fund, but divestment recommendation upheld
MEXICO CITY, May 12 (Reuters) - Mexican state oil company Pemex said on Monday that it responded in a timely manner to requests for information from Norway’s wealth fund, but the fund's ethics watchdog maintained its recommendation to withdraw investments.Norway's wealth fund, the world'...Reuters
Tue, May 13
US convenes Newark airport task force, fast-tracks telecom fix
FAA convening emergency task force on Newark telecom outagesTrump administration blames Biden for not doing more to address telecom issuesTransportation Department says more airports could suffer issues like NewarkBy David Shepardson WASHINGTON, May 12 (Reuters) - The Trump administration said on...Reuters
Tue, May 13
Denka Co Ltd - Announcement Concerning Recording Of Extraordinary Losses Of A U.S. Subsidiary And Of Suspension Of Chloroprene Rubber Production
May 13 (Reuters) - Denka Co Ltd 4061.T:DENKA CO LTD - ANNOUNCEMENT CONCERNING RECORDING OF EXTRAORDINARY LOSSES OF A U.S. SUBSIDIARY AND OF SUSPENSION OF CHLOROPRENE RUBBER PRODUCTIONDENKA CO LTD - WILL RECORD AN EXTRAORDINARY LOSS OF APPROXIMATELY 16.1 BILLION YEN, AS AN IMPAIRMENT LOSS ON NONCURRE...Reuters
Tue, May 13
Soccer-River Plate ease into Argentine quarters after 3-0 win over Barracas
May 12 (Reuters) - River Plate secured their place in the quarter-finals of the Argentine Apertura tournament on Monday with a 3-0 home win over Barracas Central at the Mas Monumental stadium.Paulo Diaz gave River an early advantage when he fired home from close range in the 12th minute and they do...Reuters
Tue, May 13
Elliott wins ISS support in Phillips 66 proxy battle
By Svea Herbst-BaylissNEW YORK, May 12 (Reuters) - Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 PSX.N when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended that investors elect all four of the activist's director nom...Reuters
Tue, May 13
Soccer-River Plate ease into Argentine quarters after 3-0 win over Barracas
May 12 (Reuters) - River Plate secured their place in the quarter-finals of the Argentine Apertura tournament on Monday with a 3-0 home win over Barracas Central at the Mas Monumental stadium.Paulo Diaz gave River an early advantage when he fired home from close range in the 12th minute and they do...Reuters
Tue, May 13
Elliott Says Proxy Advisory Firm ISS Recommends Phillips 66 Shareholders Vote For All Four Of Elliott's Director Nominees
May 12 (Reuters) - LEADING PROXY ADVISORY FIRM ISS RECOMMENDS PHILLIPS 66 SHAREHOLDERS VOTE FOR ALL FOUR OF ELLIOTT'S DIRECTOR NOMINEESELLIOTT- BY RECOMMENDING THAT PHILLIPS 66 SHAREHOLDERS VOTE FOR ALL FOUR ELLIOTT NOMINEES, ISS HAS NOW FULLY VALIDATED ELLIOTT'S CASE FOR CHANGEReuters
Tue, May 13
Ousted Bangladesh PM Hasina’s party barred from election as party registration suspended
Election Commission suspends Awami League from electionsMove follows interim government ban on Awami League over security threatPolitical unrest follows deadly protests, PM Hasina's exile DHAKA, May 13 (Reuters) - Bangladesh's Election Commission has suspended the registration of ousted f...Reuters
Tue, May 13
Australia's Albanese Labor government sworn in for second term
Australia's Prime Minister Anthony Albanese, ministers sworn in to roles by Governor GeneralLargest centre-left Labor government since federation Opposition conservative Liberal Party elect first woman leaderBy Kirsty Needham SYDNEY, May 13 (Reuters) - Australian Prime Minister Anthony Albane...Reuters
Tue, May 13
'Dangerous' migrants require immediate deportation, US government says
By Blake Brittain May 12 (Reuters) - The Trump administration told the U.S. Supreme Court on Monday that "dangerous behavior" from a group of Venezuelan migrants detained by the federal government in Texas justified lifting a court order blocking their immediate deportation.The administra...Reuters
Tue, May 13
Yields rise as US/China trade deal punishes safe-havens
NEW YORK, May 12 (Reuters) - U.S. Treasury yields rose on Monday to the highest levels in a month after the United States and China agreed to lower trade tariffs on one another during a 90-day pause, triggering a rush of investor cash into risk assets and hitting safe havens like bonds.Reuters
Tue, May 13
Global stocks rally after US, China pause tariff war, but uncertainty remains
WASHINGTON, May 12 (Reuters) - Global stock markets surged on Monday after the U.S. and China agreed to slash steep tariffs for at least 90 days, tapping the brakes on a trade war between the world's two biggest economies that had fed fears of a global recession.Reuters
Tue, May 13
BDx secures financing for data centre expansion in Hong Kong
SINGAPORE, May 13 (Reuters) - BDx Data Centers said on Tuesday that it has secured project financing from infrastructure credit firm Clifford Capital, Singapore's United Overseas Bank UOBH.SI and Japan's Sumitomo Mitsui Banking Corporation for the development of its first hyperscale data cen...Reuters
Tue, May 13
Samsung launches slimmest smartphone as races against rival Apple
By Heekyong Yang SEOUL, May 13 (Reuters) - Samsung Electronics 005930.KS made public on Tuesday its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple AAPL.O on the premium market.The S25 Edge launch is designed to app...Reuters
Tue, May 13
US House Republicans seek to kill EV tax credit, loan program
By David Shepardson WASHINGTON, May 12 (Reuters) - Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into building more zero-emission vehicles as part of a broad-based tax ref...Reuters
Mon, May 12
