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Turkish, Russian top diplomats discuss Ukraine-Russia peace efforts, Turkish source says
ANKARA, May 12 (Reuters) - Turkish Foreign Minister Hakan Fidan and Russian counterpart Sergei Lavrov discussed efforts to achieve peace between Russia and Ukraine in a phone call on Monday, a Turkish diplomatic source said.The source gave no other details, but Ukrainian President Volodymyr Zelenski...Reuters
Mon, May 12
Insurance broker Hub valued at $29 billion in fresh investment round
T Rowe, Alpha Wave, Temasek lead investment in HubValuation has surged more than six-fold since 2013Buyout firm H&F will retain controlling interestBy Arasu Kannagi Basil and Pritam Biswas May 12 (Reuters) - Hub International has raised nearly $1.6 billion in a funding round that valued the H...Reuters
Mon, May 12
Buyers of $TRUMP meme spent $148 million to win dinner with President Trump
Top 220 $TRUMP holders to dine with TrumpCritics say $TRUMP meme coin allows foreign access to TrumpSenators propose bills to curb crypto profitsBy Michelle ConlinNEW YORK, May 12 (Reuters) - Buyers of U.S. President Donald Trump’s $TRUMP meme coin spent an estimated $148 million in the contest to w...Reuters
Mon, May 12
Fed survey finds tighter standards, weaker demand for loans in first quarter
By Michael S. Derby and Ann SaphirMay 12 (Reuters) - Top U.S. bank lending officers said credit standards tightened over the first three months of the year, according to a report released on Monday by the Federal Reserve. During the first quarter banks reported "on balance tighter lending standa...Reuters
Mon, May 12
Norway's Wealth Fund to engage Rio Tinto, South32 over environmental concerns
May 12 (Reuters) - Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has decided to actively engage with mining companies Rio Tinto RIO.AX and South32 S32.AX regarding their environmental practices, the fund operator said on Sunday.The executive board of the la...Reuters
Mon, May 12
Ukraine's Zelenskiy: Russia continues attacks, gives no response to proposal for direct talks
May 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Monday that Russia was continuing its attacks on Ukraine and had made no response to a proposal for direct talks in Turkey this week in a "strange silence.""Russian shelling and assaults continue," Zelenskiy said in h...Reuters
Mon, May 12
Mercedes to add GLC SUV production at Alabama plant
DETROIT, May 12 (Reuters) - Mercedes MBGn.DE executives on Monday confirmed the company will be adding GLC SUV production at its plant in Tuscaloosa, Alabama.The confirmation came after Mercedes earlier this month said it would bring "a core segment vehicle to Alabama by 2027."Reuters
Mon, May 12
BYD factory delayed in Brazil to be 'fully functional' by end-2026, says official
By Fabio Teixeira RIO DE JANEIRO, May 12 (Reuters) - Chinese electric car maker BYD's 002594.SZ new factory in Brazil will be "fully functional" by December 2026, after its operations were delayed because of an investigation into labor abuses, Bahia state labor secretary Augusto Vasco...Reuters
Mon, May 12
Trump administration may rescind mental health parity rule, filing says
By Diana Novak Jones May 12 - The Trump administration will not enforce a federal rule meant to ensure Americans with private health insurance have access to affordable mental health services and is considering rescinding it altogether, the U.S. Justice Department said in a court filing on Friday...Reuters
Mon, May 12
EU analysing U.S.-UK trade deal for impact on EU, global trade
BRUSSELS, May 12 (Reuters) - The European Commission is analysing the trade deal struck last week between the United States and Britain for implications for the 27-nation European Union and global trade, European Economic Commissioner Valdis Dombrovskis said on Monday.The United States and Britain a...Reuters
Mon, May 12
ADVISORY-Inadvertently issued alert on Century Casinos withdrawn
An alert on Century Casinos CNTY.O announcing Rocky Gap Casino, Resort & Golf receiving awards was inadvertently published and has been withdrawn.There will be no substitute.STORY_NUMBER: nTUA8GMG37STORY_DATE: 12/05/2025STORY_TIME: 05:30 PM GMTReuters
Mon, May 12
BREAKINGVIEWS-US tariff climbdown complicates bleak budget math
By Gabriel Rubin WASHINGTON, May 12 (Reuters Breakingviews) - A mutual climbdown on tariffs charged between the U.S. and China may give relief to investors. It does little to help Republicans’ broader agenda. The centerpiece of President Donald Trump’s domestic policy — extending and expanding hi...Reuters
Mon, May 12
EXPLAINER-What has Trump said about cutting drug prices?
By Maggie Fick May 12 (Reuters) - U.S. President Donald Trump signed a broad executive order on Monday directing drugmakers to lower the prices of their prescription drugs to align with what other countries pay.White House officials said the government will give drugmakers price targets in the ne...Reuters
Mon, May 12
US agency asks Tesla to answer questions on Texas robotaxi plan
NHTSA probing crashes of Teslas in full self-driving modeRobotaxi sensors and reduced visibility cited as concernsNHTSA cites four crashes; in one a pedestrian was killedBy David Shepardson WASHINGTON, May 12 (Reuters) - U.S. auto safety investigators asked Tesla to answer questions on its pl...Reuters
Mon, May 12
California Bar backs provisional licensing after February exam mess
By Karen Sloan May 12 - Aspiring lawyers who withdrew from or failed California's disastrous February bar exam may still be eligible to work under the supervision of an experienced attorney until they can pass the attorney licensing exam.The State Bar of California's Board of Trustees on ...Reuters
Mon, May 12
Trump says it would be 'stupid' not to accept gift of Qatari plane
By Doina Chiacu and Steve HollandWASHINGTON, May 12 (Reuters) - U.S. President Donald Trump dismissed ethical concerns about his plan to accept an airplane as a gift from the Qatari royal family, saying on Monday it would be "stupid" to turn down the generous offer. The $400 million luxur...Reuters
Mon, May 12
Turkish foreign min, U.S.'s Rubio discuss possible Russia-Ukraine talks, Turkish source says
ANKARA, May 12 (Reuters) - Turkish Foreign Minister Hakan Fidan held a phone call with his U.S. counterpart Marco Rubio on Monday to exchange views on the possible talks between Russia and Ukraine in Turkey, a Turkish diplomatic source said.The two ministers also discussed the situation in Syria and...Reuters
Mon, May 12
