News
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PSC trims BP Marsh stake following Ardonagh takeover
By Ryan HewlettMay 9 - PSC Insurance Group is to offload part of its near 20% shareholding in London-listed venture capital investor BP Marsh in an accelerated process which comes shortly after the Australian intermediary was acquired by private equity backed Ardonagh Group.Australian intermediary P...Reuters
Fri, May 9
Frontera Energy Corp Announces Its Intention To Commence A $65 Million Substantial Issuer Bid
May 9 (Reuters) - Frontera Energy Corp FEC.TO:FRONTERA ENERGY CORP: ANNOUNCES ITS INTENTION TO COMMENCE A $65 MILLION SUBSTANTIAL ISSUER BIDFRONTERA ENERGY CORP: CONFIDENT IT WILL MEET ITS FULL YEAR AVERAGE PRODUCTION GUIDANCE OF 41,000 - 43,000 BOE/DFRONTERA ENERGY CORP QTRLY EARNINGS PER SHARE 34 ...Reuters
Fri, May 9
Deals of the day-Mergers and acquisitions
May 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:** British property company LondonMetric LMPL.L is to buy Urban Logistics SHED.L in a 698.9 million pound ($924.99 million) cash and stock deal, creating one of the country's largest pro...Reuters
Fri, May 9
With Xi at his side, Putin marks WW2 victory as Ukraine war grinds on
Putin and Xi attend Red Square paradeSoviet Union lost 27 million people in WW2Putin praises Western Allies' contributionUkraine war calmer amid Russian ceasefire Trump calls for 30-day ceasefire By Dmitry Antonov and Guy Faulconbridge MOSCOW, May 9 (Reuters) - Russia marked the 80th annivers...Reuters
Fri, May 9
Pope Leo hopes to bring light to "dark nights of this world"
VATICAN CITY, May 9 (Reuters) - Pope Leo said on Friday he hoped that his election can help the Catholic Church bring light to the "dark nights of this world" as he delivered his first Mass since being elected on Thursday.Leo, the first pope from the U.S., told cardinals in the Sistine Chape...Reuters
Fri, May 9
Panasonic to cut 10,000 jobs, expects $900 million in restructuring costs
TOKYO, May 9 (Reuters) - Panasonic Holdings 6752.T said on Friday it will cut 10,000 staff and expects to book restructuring costs of 130 billion yen ($896.06 million) this business year as part of an overhaul of the company.The electronics manufacturer will make the staff cuts mainly in the current...Reuters
Fri, May 9
QUOTES-Reaction to Cardinal Robert Prevost becoming Pope Leo XIV, first US pontiff
May 9 (Reuters) - Following are reactions from notable figures to the election of Cardinal Robert Prevost as the new leader of the Catholic Church on Thursday. He was a surprise choice, and took the name Leo XIV to become the first U.S. pontiff. CHINESE FOREIGN MINISTRY SPOKESPERSON L...Reuters
Fri, May 9
Audi CEO expects 'more bearable' tariff regulation in coming months
FRANKFURT, May 9 (Reuters) - Volkswagen's VOWG_p.DE premium brand Audi, which has no production in the United States, expects current trade talks between Brussels and Washington to provide some level of clarity over car import tariffs soon, its CEO Gernot Doellner said.European automakers are cu...Reuters
Fri, May 9
India's telecom regulator recommends allotting satellite spectrum for 5 years
May 9 (Reuters) - India's telecom regulator has recommended the allotment of satellite spectrum for commercial communication services for a period of five years, it said on Friday, adding that the government may extend this for a further period of two years.Reuters
Fri, May 9
Mitsubishi Motors To Raise Car Prices In U.S. In Tariff Response, First Among Japanese Carmakers, Nikkei Reports
May 9 (Reuters) - Mitsubishi Motors Corp 7211.T:MITSUBISHI MOTORS TO RAISE CAR PRICES IN U.S. IN TARIFF RESPONSE, FIRST AMONG JAPANESE CARMAKERS, NIKKEI REPORTSSource text: https://www.nikkei.com/article/DGXZQOUC303MC0Q5A430C2000000/Reuters
Fri, May 9
Polestar Automotive Usa, Inc. Is Recalling 3,664 U.S. Vehicles - NHTSA
May 9 (Reuters) - POLESTAR AUTOMOTIVE USA, INC. IS RECALLING 3,664 U.S. VEHICLES - NHTSAPOLESTAR AUTOMOTIVE USA, INC. IS RECALLING SOME U.S. VEHICLES AS A REARVIEW CAMERA IMAGE THAT DOES NOT DISPLAY REDUCES THE DRIVER'S VIEW OF WHAT IS BEHIND THE VEHICLE, INCREASING THE RISK OF A CRASH.- NHTSANH...Reuters
Fri, May 9
Audi CEO expects US import tariff clarity in coming months
FRANKFURT, May 9 (Reuters) - Volkswagen's premium brand Audi expects current trade talks between Brussels and Washington to provide some level of clarity over car import tariffs, its CEO Gernot Doellner said."We expect to have clarity on this in the coming months and also regulations that wi...Reuters
Fri, May 9
Delta And Korean To Acquire 25% Stake In Westjet For $550 Million
May 9 (Reuters) - Air France KLM SA AIRF.PA:DELTA AND KOREAN TO ACQUIRE 25% STAKE IN WESTJET FOR $550 MILLIONDELTA AND KOREAN TO ACQUIRE INDEPENDENT EQUITY STAKES TOTALING 25% IN WESTJET FOR $550 MILLIONDELTA HAS RIGHT AND INTENT TO SELL AND TRANSFER A 2.3% STAKE IN WESTJET TO AIR FRANCE-KLMDELTA SE...Reuters
Fri, May 9
Japan Considers Exporting Next-Generation Jet Fighter Co-Developing With UK, Italy To Australia, Nikkei Reports
May 9 (Reuters) - JAPAN CONSIDERS EXPORTING NEXT-GENERATION JET FIGHTER CO-DEVELOPING WITH UK, ITALY TO AUSTRALIA - NIKKEIINDIA, CANADA ALSO HAVE SHOWN INTERESTS - NIKKEISource text: https://www.nikkei.com/article/DGXZQOUA245HM0U5A420C2000000/Reuters
Fri, May 9
South Korean court rejects conservative's bid to confirm his status as party's presidential candidate - Yonhap
SEOUL, May 9 (Reuters) - A South Korean court has rejected an injunction filed by presidential hopeful Kim Moon-soo to confirm his status as the candidate for the presidency for his conservative party, Yonhap News Agency reported on Friday.Kim has clashed with his own major conservative People Power...Reuters
Fri, May 9
Taiwan denounces Russia, China for distorting World War Two history
Taiwan says Beijing trying to claim undue credit for winning warChinese President Xi in Moscow for war anniversary paradeChina views democratically governed Taiwan as its own territoryBy Ben Blanchard TAIPEI, May 9 (Reuters) - Taiwan criticised Russia and China on Friday for distorting World War ...Reuters
Fri, May 9
Russia parades drones it uses against Ukraine on Moscow's Red Square
MOSCOW, May 9 (Reuters) - Russia on Friday paraded combat drones that its forces use in the war in Ukraine on Moscow's Red Square in what state TV said was a first. President Vladimir Putin, Chinese President Xi Jinping and more than two dozen other foreign leaders looked on as various truck-mou...Reuters
Fri, May 9
New Pope Leo XIV to hold first Mass in Sistine Chapel
By Joshua McElwee and Keith Weir VATICAN CITY, May 9 (Reuters) - Newly installed Pope Leo XIV will hold a Mass with cardinals in the Sistine Chapel on Friday, a day after he was elected as the surprise choice to be the leader of the Catholic Church, becoming the first U.S. pontiff.The choice of C...Reuters
Fri, May 9
