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FACTBOX-'I still consider myself a missionary' - Pope Leo XIV in past interviews
By Alvise ArmelliniVATICAN CITY, May 8 (Reuters) - U.S. Cardinal Robert Prevost, who on Thursday was elected as the new leader of the Catholic Church taking up the name of Leo XIV, is a soft-spoken figure who has shunned the limelight during his priestly career.The 69-year-old from Chicago has serve...Reuters
Thu, May 8
Zelenskiy says 30-day ceasefire would be a 'real indicator' of movement towards peace
May 8 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Thursday he told U.S. President Donald Trump in a telephone call that Kyiv was ready for a 30-day ceasefire with Russia "starting this minute."Zelenskiy, speaking in his nightly video address, also said implementing a 30-day c...Reuters
Thu, May 8
Air Canada first-quarter loss widens as passengers skip US travel
MONTREAL, May 8 (Reuters) - Air Canada AC.TO reported a wider first-quarter loss on Thursday, owing to weaker passenger traffic to its key U.S. market amid strained trade relations between the two countries.The country's largest carrier reported a first quarter adjusted loss of C$0.45 per share ...Reuters
Thu, May 8
Breaking with tradition, Senate panel backs Trump nominees despite Democratic boycott
Partisan divisions in Congress widen under TrumpPanel backs nominees without DemocratsNominees for France, Denmark, Netherlands among those affectedBy Patricia Zengerle WASHINGTON, May 8 (Reuters) - Republicans on the U.S. Senate Foreign Relations Committee backed five nominees for diplomatic pos...Reuters
Thu, May 8
Merz, Trump agree on need to resolve trade disputes, Germany says
By Sarah Marsh BERLIN, May 8 (Reuters) - Germany's new chancellor, Friedrich Merz, and U.S. President Donald Trump agreed on the need to quickly resolve trade disputes in their first phone call since Merz took office earlier this week, a German government spokesperson said.Trump congratulated...Reuters
Thu, May 8
King Charles calls for global peace as UK marks 80th anniversary of VE Day
King Charles and Prince William lay wreaths at Westminster AbbeyFrench and German leaders hold separate VE Day commemorationsRoyals attend concert at Horse Guards Parade LONDON, May 8 (Reuters) - Britain's King Charles said on Thursday the world had a duty to commit to seeking lasting peace ...Reuters
Thu, May 8
US commerce chief says dozens of trade deals to be rolled out over next month
WASHINGTON, May 8 (Reuters) - U.S. Commerce Secretary Howard Lutnick told CNBC on Thursday that Washington will roll out dozens of trade deals over the next month and that it aimed to de-escalate with China in the upcoming talks.When asked about reporting that President Donald Trump urged a raise in...Reuters
Thu, May 8
Barbie maker Mattel taps Kenvue's Paul Ruh as CFO
May 8 (Reuters) - Mattel MAT.O on Thursday named consumer health giant Kenvue's KVUE.N Paul Ruh as CFO, replacing Anthony DiSilvestro.Ruh was the finance chief of the Tylenol maker following its spinoff from drug and medical device maker Johnson & Johnson JNJ.N in 2023. He was replaced by Ke...Reuters
Thu, May 8
Inside Debt - May 8
To access a PDF version of this newsletter, please click here You can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-page For an index of our newsletters click ...Reuters
Thu, May 8
THE DAY AHEAD-North America, May 9
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Thu, May 8
Column: In Delaware Chancery Court, Tucker the goldendoodle has his day
By Jenna Greene May 8 (Reuters) - A Delaware Chancery Court judge is indeed a rarified jurist, ruling on the intricacies of billion-dollar deals and high-stakes shareholder challenges. Also, a goldendoodle named Tucker.The post-breakup fight over custody of the Very Good Boy by his two co-owners ...Reuters
Thu, May 8
Ransomware group Lockbit appears to have been hacked, analysts say
By Raphael Satter WASHINGTON, May 8 (Reuters) - The ransom-seeking cybercriminals behind the extortion group Lockbit appear to have suffered a breach of their own, according to a rogue post to one of the group's websites and security analysts who follow the gang.On Wednesday one of Lockbit...Reuters
Thu, May 8
Trump asks US Supreme Court to allow revocation of migrants' legal status
Trump administration revoked 'parole' status for migrantsProgram was aimed at reducing illegal border crossingsBy Andrew Chung, John Kruzel WASHINGTON, May 8 (Reuters) - President Donald Trump's administration asked the U.S. Supreme Court on Thursday to intervene in its bid to revoke ...Reuters
Thu, May 8
Root’s net combined ratio improves to 95.6% in Q1
Q1 net combined ratio of 95.6% compares with 102.0% prior-year period$18.4 million net income third consecutive quarter of profitability Adjusted Ebitda of $31.9 million up from $15.1 million in Q1 2024GPW up 4% to $410.8 million, GPE up 25% to $344.4 million By Michael LoneyMay 8 - (The Insurer) - ...Reuters
Thu, May 8
Insulet beats quarterly profit estimates on insulin pump demand
May 8 (Reuters) - Insulet PODD.O beat first-quarter profit estimates on Thursday, buoyed by strong demand for its wearable insulin pumps, sending shares up 7% in extended trading.Insulet produces and sells Omnipod, an automated insulin delivery device that operates without external tubing, unlike co...Reuters
Thu, May 8
FEMA chief fired after breaking with Trump on disaster agency's future
Acting head of FEMA fired day after saying he opposes abolishing agencyTrump and Homeland Security chief Noem have suggested FEMA could be scrappedAbrupt leadership change comes weeks before start to critical hurricane season By Nathan Layne and Leah Douglas WASHINGTON, May 8 (Reuters) - Cameron ...Reuters
Thu, May 8
US ambassador in Panama says China "not a good ally" for the country
PANAMA CITY, May 8 (Reuters) - The United States' new ambassador to Panama Kevin Cabrera said on Thursday that China was not a good ally for Panama or the region. Speaking at a press conference to mark a security memorandum of understanding between Panama and the U.S., Cabrera said the two count...Reuters
Thu, May 8
Before becoming pontiff, Pope Leo levied criticism at Trump and Vance
X account shows critique of Trump administration policiesDifferences over immigration, climate changeRepost says: 'Is your conscience not disturbed?By Jeff Mason and Jasper Ward WASHINGTON, May 8 (Reuters) - The first U.S. pope has some thoughts about the American president.Pope Leo XIV, who ...Reuters
Thu, May 8
Detroit Three automakers blast Trump UK trade deal
WASHINGTON, May 8 (Reuters) - A group representing General Motors GM.N, Ford F.N and Stellantis STLAM.MI blasted President Donald Trump's trade deal announced with the United Kingdom, saying it would harm the U.S. auto sector.British carmakers will be given a quota of 100,000 cars a year that ca...Reuters
Thu, May 8
QUOTES-Reaction to Cardinal Prevost becoming Pope Leo XIV, first US pontiff
May 8 (Reuters) - Cardinal Robert Prevost was elected in a surprise choice to be the new leader of the Catholic Church on Thursday, taking the name Leo XIV and becoming the first U.S. pontiff.Here is the reaction from notable figures: ISRAELI PRESIDENT ISAAC HERZOG"We look forward to enha...Reuters
Thu, May 8
