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India watchdog recommends 5-year satellite spectrum allocation as Starlink nears entry
May 9 (Reuters) - India's telecom regulator has recommended allotting satellite spectrum for commercial communication services for five years, it said on Friday, at a time when Elon Musk is getting closer to launching his Starlink high-speed internet in the country.The recommendation also includ...Reuters
Fri, May 9
India suspends IPL cricket league as clashes with Pakistan escalate
Board concerned about player safety as clashes escalatedIPL suspension affects Reliance-Disney joint venture and advertisersMatch abandoned amid border clashes, power failure blamedBy Aditya Kalra NEW DELHI, May 9 (Reuters) - India's cricket board said it had suspended the Indian Premier Leag...Reuters
Fri, May 9
Kurdish PKK militants convene congress, take "historic decisions", agency says
ANKARA, May 9 (Reuters) - The Kurdish PKK militant group held a congress on May 5-7 in northern Iraq, following a call from its imprisoned leader Abdullah Ocalan for the group's dissolution, the Firat news agency reported the PKK as saying on Friday.Firat, affiliated with the Kurdistan Workers P...Reuters
Fri, May 9
Delta, Korean Air to buy 25% stake in Canada's WestJet
May 9 (Reuters) - Delta Air Lines DAL.N and Korean Air Lines 003490.KS will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from private equity firm Onex Corp ONEX.TO, the U.S. carrier said on Friday.Delta will invest $330 million for a 15% stake and Korean Air will ...Reuters
Fri, May 9
The art of the possible: Britain settles for quick win in US trade deal
UK went for narrow, sectoral pact in last minute shiftBritain used flattery, not escalation, to get dealBoth sides faced pressure from tariff announcementsBritain hopes to go further as talks continueBy Alistair Smout and Andrea Shalal LONDON/WASHINGTON, May 9 (Reuters) - Britain spent months but...Reuters
Fri, May 9
Israel to be involved in Gaza security, not aid distribution, US envoy says
JERUSALEM, May 9 (Reuters) - Israel and Hamas will not be involved in Gaza aid distribution but Israel will take part in providing security, U.S. ambassador to Israel Mike Huckabee said on Friday.Israel cut most aid supplies into Gaza after the start of the Israel-Hamas war in October 2023. It let m...Reuters
Fri, May 9
Former Aviva CEO Wilson to lead IHC's $1 billion Abu Dhabi reinsurer launch
By Ryan HewlettMay 9 - (The Insurer) - International Holding Company (IHC) is launching a $1 billion reinsurance start-up with asset managers BlackRock and Lunate with former Aviva plc CEO Mark Wilson appointed to lead the venture.IHC partners with BlackRock and Lunate to launch reinsurance venture ...Reuters
Fri, May 9
New Gaza aid plans would increase children's suffering, UNICEF says
GENEVA, May 9 (Reuters) - The United Nations Children's Fund on Friday criticized emerging plans to take over distribution of humanitarian aid in Gaza on Thursday floated by both Israel and the United States, saying that they would increase suffering for children and families.The U.S. State Depa...Reuters
Fri, May 9
South Korea court clears way for new conservative party candidate amid dispute
By Ju-min Park SEOUL, May 9 (Reuters) - A Seoul court on Friday ruled the main conservative party could hold another convention to agree a presidential candidate amid a bitter dispute over who should represent the party in the June 3 election.With the presidential election less than a month away,...Reuters
Fri, May 9
EU's von der Leyen: Will only go to the White House to negotiate a tariffs solution
BRUSSELS, May 9 (Reuters) - European Commission President Ursula von der Leyen said on Friday she would only go to the White House for "a solution" on trade tariffs, reacting to a question related to President Donald Trump having called her Thursday a "fantastic person"."I think ...Reuters
Fri, May 9
U.S.-UK Talks Pave the Way: What Will Be Discussed in the China-U.S. Trade Negotiations That Could Impact Half the World?
TradingKey – After the U.S. and the UK reached the first tariff agreement in the Trump 2.0 trade-war era, the world’s eyes now turn to the China-U.S. trade talks. Despite the UK leading the charge, uncertainties still loom over the China-U.S. negotiation.TradingKey
Fri, May 9
Russia says Ukraine keeps trying to breach border
MOSCOW, May 9 (Reuters) - Ukrainian troops have made further attempts to breach the Russian border in the Kursk and Belgorod regions, Interfax news agency reported on Friday, citing the Russian Defence Ministry.It said the attacks occurred during a three-day ceasefire that Russia has unilaterally de...Reuters
Fri, May 9
Sean 'Diddy' Combs jury to be seated in hip-hop mogul's sex trafficking trial
Combs pleads not guilty to racketeering, sex traffickingTwelve jurors and six alternates to be chosen Judge questioned nearly 100 prospective jurors By Jack Queen and Luc Cohen NEW YORK, May 9 (Reuters) - A jury of 12 New Yorkers is due to be chosen on Friday in the racketeering and sex trafficki...Reuters
Fri, May 9
'Diddy' trial is highest-profile case so far for new unit of civil rights prosecutors
Civil rights unit formed to address hate crimes, sex traffickingCombs pleaded not guilty to sex trafficking chargesProsecutors specialize in sensitive cases, aiding victim cooperationBy Luc Cohen NEW YORK, May 9 (Reuters) - The sex-trafficking trial of Sean "Diddy" Combs, which kicks off ...Reuters
Fri, May 9
Germany's Merz: I worry about rising debt levels worldwide
BERLIN, May 9 (Reuters) - German Chancellor Friedrich Merz said one reason for his reluctance to countenance joint EU debt issuance to finance military spending was that he was concerned about rising state indebtedness not only in Europe, but worldwide.While the EU could raise money by issuing commo...Reuters
Fri, May 9
Nippon Steel expects profit to drop 43% this year, US Steel decision by early June
US tariffs may have a significant indirect impact on earningsNippon's full buyout bid remains starting point in talks with US Expects CFIUS recommendation by May 21, presidential decision by June 5By Yuka Obayashi and Katya Golubkova TOKYO, May 9 (Reuters) - Nippon Steel 5401.T expects net pr...Reuters
Fri, May 9
