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Sustainable Finance Newsletter - About those disappearing boardroom diversity stats
By Ross Kerber May 8 (Reuters) - Investor activists spent years pressing companies to spell out more demographic details about the leadership of their boardrooms, on the theory more data would lead to more women and minorities running Corporate America.But with diversity, equity and inclusion (DE...Reuters
Thu, May 8
Heidelberg Materials CEO: M&A pipeline is well-filled
May 8 (Reuters) - Heidelberg Materials AG HEIG.DE:HEIDELBERG MATERIALS CEO: OUR GLOBAL M&A PIPELINE IS WELL-FILLEDHEIDELBERG MATERIALS CEO: NORTH AMERICA WAS "ROCKY ROAD" IN Q1, MAINLY DUE TO WEATHERHEIDELBERG MATERIALS CEO: WE ARE CONSTANTLY GOING FOR PRICE INCREASES, MORE COMINGHEIDELB...Reuters
Thu, May 8
German spy agency pauses 'extremist' classification for AfD party
Spy agency classified AfD as extremist last weekAfD mounted legal challenge against the moveMove sparked criticism from Donald Trump's circleBy Andreas Rinke BERLIN, May 8 (Reuters) - Germany's domestic spy agency BfV has paused its classification of the Alternative for Germany (AfD) as a...Reuters
Thu, May 8
Russia and China say AUKUS pact is fuelling a regional arms race
MOSCOW, May 8 (Reuters) - Russia and China said in a joint statement on Thursday that the AUKUS defence pact between Australia, Britain and the United States was fuelling a regional arms race. In the statement published on the Kremlin website after talks in Moscow between Russian President Vladimir ...Reuters
Thu, May 8
Utility Evergy misses quarterly profit estimates on lower demand, higher costs
May 8 (Reuters) - Evergy Inc EVRG.O missed Wall Street estimates for first-quarter profit on Wednesday, as the utility was hurt by higher costs and lower demand due to an unplanned maintenance shutdown by a large customer.Higher-for-longer interest rates raise borrowing costs for power companies, wh...Reuters
Thu, May 8
Russia, China will ramp up cooperation to counter US, joint statement says
MOSCOW, May 8 (Reuters) - Russia and China intend to ramp up cooperation to decisively counter U.S. efforts to contain both countries, they said in a joint statement published by the Kremlin on Thursday. The statement, issued after talks between Russian President Vladimir Putin and Chinese President...Reuters
Thu, May 8
Russia and China agree on need to remove 'root causes' of conflict in Ukraine, Kremlin says
MOSCOW, May 8 (Reuters) - Russian President Vladimir Putin and his Chinese counterpart Xi Jinping are convinced that the conflict in Ukraine can only be resolved by removing its "root causes", the Kremlin cited a joint statement as saying on Thursday. At talks in Moscow, Putin thanked Xi for...Reuters
Thu, May 8
Canadian Utilities Appoints Nancy Southern As Executive Chair, Bob Myles Named CEO
May 8 (Reuters) - Canadian Utilities Ltd CU.TO:CANADIAN UTILITIES APPOINTS NANCY SOUTHERN AS EXECUTIVE CHAIR; BOB MYLES NAMED CHIEF EXECUTIVE OFFICERCANADIAN UTILITIES LTD - BOB MYLES NAMED CHIEF EXECUTIVE OFFICER OF CANADIAN UTILITIESCANADIAN UTILITIES LTD - APPOINTS NANCY SOUTHERN AS EXECUTIVE CHA...Reuters
Thu, May 8
Pakistan defence minister says U.S. leading de-escalation efforts in India conflict
ISLAMABAD, May 8 (Reuters) - The United States is leading global efforts to reduce tensions between India and Pakistan, Pakistan's Defence Minister Khawaja Muhammad Asif told Reuters on Thursday.India's drone incursions into Pakistan on Thursday made Pakistan's attack on India "incre...Reuters
Thu, May 8
Tennis-Osaka inspired by Agassi as she embraces claycourt grind
May 8 (Reuters) - Four-times Grand Slam champion Naomi Osaka said this year's claycourt swing feels different as she enters it with momentum and confidence following a run of victories.Japan's Osaka beat Slovenian Kaja Juvan 6-1 7-5 last week in the final of the L'Open 35 de Saint-Ma...Reuters
Thu, May 8
Sweden donates $2 mln to Radio Free Europe after Trump freezes funding
STOCKHOLM, May 8 (Reuters) - Sweden will donate 20 million crowns ($2.1 million) to Radio Free Europe/Radio Liberty, the Nordic country said on Thursday, after the administration of President Donald Trump ordered a freeze of federal grants to the media outlet.Radio Free Europe/Radio Liberty was set ...Reuters
Thu, May 8
Accelerate Diagnostics files for Chapter 11 bankruptcy
May 8 (Reuters) - Accelerate ceo says the company plans a sale of assets through a court-supervised auction, has a stalking-horse bidder, and hopes to close within 90 days, court records showAccelerate diagnostics files for chapter 11 bankruptcy protection in delaware, court records showAccelerate s...Reuters
Thu, May 8
Viagra-maker Viatris beats quarterly estimates on demand for branded drugs in China
May 8 (Reuters) - Drugmaker Viatris VTRS.O beat Wall Street estimates for first-quarter profit and revenue on Thursday, helped by sales of its branded drugs in China.The company's shares, which rose over 4% in premarket trading earlier after its pain drug and birth control patch succeeded in lat...Reuters
Thu, May 8
Bill Gates to give away fortune by 2045, $200bn for world's poorest
Billionaire Microsoft co-founder speeds up donation planGates says foundation will spend around $200 bln by 2045Urges governments, wealthy people to help world's poorBy Jennifer Rigby LONDON, May 8 (Reuters) - Bill Gates pledged on Thursday to give away almost his entire personal wealth in th...Reuters
Thu, May 8
SNAPSHOT-The latest developments in the India-Pakistan conflict
NEW DELHI, May 8 (Reuters) - India struck multiple locations in Pakistan this week after a deadly April 22 attack targeting Hindu tourists in Indian Kashmir that New Delhi blames on its Muslim neighbour.Pakistan, which denies any link to the Kashmir violence, said on Thursday it shot down 25 drones ...Reuters
Thu, May 8
Merck Animal Health announces $895 million investment in Kansas
May 8 (Reuters) - Merck Animal Health, a unit of Merck MRK.N, said on Thursday it would invest $895 million to expand its manufacturing facility in De Soto, Kansas.The capital expansion includes an investment of $860 million in the site's existing manufacturing facility and a further $35 million...Reuters
Thu, May 8
Novavax swings to profit on lower expenses related to COVID shots
May 8 (Reuters) - Novavax NVAX.O on Thursday swung to a first-quarter profit from a year-ago loss, helped by reduced costs related to the development and sale of its COVID-19 vaccines, its only product on the market.Novavax, whose protein-based shot uses an older technology, missed out on the pandem...Reuters
Thu, May 8
RPT-BREAKINGVIEWS-Geely’s electric vehicle US delisting is shrewd
By Katrina Hamlin HONG KONG, May 8 (Reuters Breakingviews) - Sometimes a U-turn is necessary. China's Geely Auto 0175.HK is offering to take electric-vehicle unit Zeekr ZK.N private less than a year after the company's debut in New York. Absorbing the $6.4 billion entity will help Geely g...Reuters
Thu, May 8
RPT-BREAKINGVIEWS-Disney’s old magic faces a more hostile world
By Jennifer Saba NEW YORK, May 7 (Reuters Breakingviews) - In the Magic Kingdom, it’s all smiles. Outside of boss Bob Iger’s domain, though, storm clouds are brewing. Walt Disney DIS.N reported strong results on Wednesday, as money-printing theme parks and a surge of new streaming subscribers bu...Reuters
Thu, May 8
