News
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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
China, Brazil's top diplomats meet, discuss multilateralism
BEIJING, May 13 (Reuters) - China and Brazil's foreign ministers agreed to uphold multilateralism and universally recognized international rules when they met on Monday in Beijing.China's Wang Yi and Brazil's Mauro Vieira also exchanged views on the Ukraine crisis, expressing support for...Reuters
Mon, May 12
Brazil's Sabesp posts Q1 net profit of 1.48 bln reais (LSEG poll 1.2 bln reais)
May 12 (Reuters) - Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP SBSP3.SA:REPORTS Q1 NET PROFIT OF 1.48 BILLION REAIS (LSEG POLL 1.2 BILLION REAIS)REPORTS Q1 EBITDA OF 3.4 BILLION REAIS (LSEG POLL 2.95 BILLION REAIS)Reuters
Mon, May 12
Brazil cosmetic maker Natura's Q1 net loss narrows by 84%
SAO PAULO, May 12 (Reuters) - Brazilian cosmetic maker Natura NTCO3.SA posted on Monday a first-quarter net loss of 150.7 million reais ($26.6 million), 83.9% narrower than a year earlier. Core earnings, as measured by recurring earnings before interest, taxes, depreciation and amortization (EBITDA)...Reuters
Mon, May 12
Australia's Abacus Storage King rejects $1.2 billion takeover bid
May 13 (Reuters) - Australia's Abacus Storage King ASK.AX said on Tuesday it had rejected an unsolicited takeover offer from a consortium of Ki Corporation and Public Storage PSA.N, which valued the firm at A$1.93 billion ($1.23 billion).($1 = 1.5686 Australian dollars)Reuters
Mon, May 12
Ambac premium production soars 70% in Q1 to $318 million
By Chris MunroMay 12 - (The Insurer) - Total premium production across Ambac’s operations surged by 70% to $317.5 million in Q1 2025 while adjusted Ebitda at its Cirrata insurance distribution business more than doubled to $12.1 million and specialty P&C carrier Everspan’s combined ratio deterio...Reuters
Mon, May 12
Elliott wins support from ISS in proxy battle at Phillips 66
NEW YORK, May 12 (Reuters) - Elliott Investment Management on Monday scored a victory in its board fight at Phillips 66 PSX.N when prominent proxy advisory firm Institutional Shareholder Services recommended that investors elect all four of the activist's director nominees.Reuters
Mon, May 12
US Medicare lays out timeline for third round of drug price negotiations
May 12 (Reuters) - The U.S. Centers for Medicare and Medicaid Services (CMS) said on Monday that it would announce a list of 15 drugs eligible for a third round of Medicare price negotiations by early February next year.For the first time, the list would include drugs payable under Medicare Part B -...Reuters
Mon, May 12
