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Pro-Kurdish DEM Party calls for legal framework for PKK process
ANKARA, May 12 (Reuters) - The decision by the Kurdistan Workers Party (PKK) militant group to dissolve has opened the door to a new era but the process requires a legal framework, senior pro-Kurdish DEM Party official Gulistan Kilic Kocyigit told Reuters on Monday."Steps must be taken to build ...Reuters
Mon, May 12
Tessenderlo Group, Darling Ingredients To Form New Company Nextida
May 12 (Reuters) - Tessenderlo Group NV TESB.BR:TESSENDERLO GROUP, DARLING INGREDIENTS AGREE TOFORM NEW COMPANY NEXTIDATO CREATE $1.5 BLN ANNUAL REVENUE COMPANY IN COLLAGEN-BASED HEALTH, NUTRITION, FOOD SECTORSCOMPANY TO BE 15% OWNED BY TESSENDERLO GROUP, 85% OWNED, CONSOLIDATED BY DARLING INGREDIEN...Reuters
Mon, May 12
South Korea to respond to US over tariffs on chips, biopharmaceuticals
SEOUL, May 12 (Reuters) - South Korea's finance ministry said on Monday the government would actively communicate with the U.S. over semiconductor tariffs and make an effort to minimise the impact of biopharmaceutical tariffs.Reuters
Mon, May 12
Trump plans to accept luxury 747 from Qatar to use as Air Force One
By Jeff Mason and Joseph AxMay 11 (Reuters) - U.S. President Donald Trump's administration intends to accept a Boeing BA.N 747-8 airplane as a gift from the Qatari royal family that would be outfitted to serve as Air Force One, according to a source briefed on the matter.The luxury plane, which ...Reuters
Mon, May 12
TREASURIES-Yields rise as US/China deal on trade punishes safe-havens
LONDON, May 12 (Reuters) - U.S. Treasury yields rose on Monday 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, the yen and the Swiss franc.The world's two...Reuters
Mon, May 12
Pro-Kurdish DEM Party member says PKK decision significant for Kurds, Middle East
ANKARA, May 12 (Reuters) - The decision by the Kurdistan Workers Party (PKK) to dissolve is significant for Kurdish people and the Middle East region as a whole, the deputy co-chair of the pro-Kurdish DEM Party Tayip Temel said on Monday."The PKK's decision to end its existence and embark on...Reuters
Mon, May 12
Foreign investment in Germany fell for the third year in a row in 2024
BERLIN, May 12 (Reuters) - The number of foreign investments in Germany fell for the third year in a row in 2024, international economic promotion agency Germany Trade & Invest (GTAI) said on Monday.Last year there were 1,724 new establishments and expansions, down from 1,759 projects in 2023 - ...Reuters
Mon, May 12
US and China reach deal to slash tariffs, officials say
GENEVA, May 12 (Reuters) - The United States and China said on Monday they have agreed a deal to slash reciprocal tariffs as Washington and Beijing seek to end a trade war that has disrupted the global economy and set financial markets on edge.
Reuters
Mon, May 12
German foreign minister says truce needed before Ukraine-Russia talks
BERLIN, May 12 (Reuters) - Russia needs to adhere to a truce before any direct peace talks between Russia and Ukraine can take place in Turkey, German Foreign Minister Johann Wadephul said in London on Monday."It has been clearly articulated that, initially, there is a truce. Ukraine is ready fo...Reuters
Mon, May 12
UK cyberattacks may prompt double-digit rate increases for retail sector: Tigleanu
By Rebecca DelaneyMay 12 - (The Insurer) - Recent cyberattacks on UK retailers may lead to rate increases for the sector at the July renewals, with the incidents highlighting the need for companies to expand cyber exposure analysis to operational risks, said BMS' Monica Tigleanu.Marks and Spence...Reuters
Mon, May 12
PKK decision to dissolve important step, ruling party spokesman says
ISTANBUL, May 12 (Reuters) - A spokesperson for President Tayyip Erdogan's AK Party said on Monday that the decision by the Kurdistan Workers Party (PKK) to dissolve was an important step towards a "terror-free Turkey".In a social media post, Celik said the disbanding process would be me...Reuters
Mon, May 12
Telefonica hires Citi to sell Chilean business, El Confidencial reports
MADRID, May 12 (Reuters) - Spanish telecoms company Telefonica TEF.MC has hired Citi as an adviser to sell its Chilean business, news website El Confidencial reported on Monday, citing unidentified market sources.Telefonica would book a capital loss on the sale, the news website added.Telefonica has...Reuters
Mon, May 12
Global perceptions of US fall below China, survey says
COPENHAGEN, May 12 (Reuters) - Global perceptions of the United States have deteriorated across the world over the past year and are now worse than views of China, according to an annual study of perceptions of democracy published on Monday.The survey did not go into details on the criteria used, bu...Reuters
Mon, May 12
Aon extends international chair Clavarino’s contract to 2029
By Ryan HewlettMay 12 - (The Insurer) - Aon has extended the contract of Carlo Clavarino, executive chairman for its international business, through to 2029.Clavarino first took on the role in 2021, at which time he also joined the firm’s operating executive committee.Previously, Clavarino served as...Reuters
Mon, May 12
UK insurers should welcome US trade deal: PwC
By Rebecca DelaneyMay 12 - (The Insurer) - The bilateral trade agreement between the UK and the U.S. should be "welcomed" by UK insurers due to the reduced secondary impacts on supply chains and claims costs, said PwC UK's Alex Bertolotti.On Thursday, President Donald Trump and Prime Min...Reuters
Mon, May 12
