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China says US side initiated upcoming Geneva meeting on tariffs
BEIJING, May 7 (Reuters) - An upcoming meeting between China and U.S. trade representatives in Geneva was requested by the U.S. side, a spokesperson for China's foreign ministry said on Wednesday.China announced earlier that Vice Premier He Lifeng will visit Switzerland from May 9 to 12 during w...Reuters
Wed, May 7
Israel says 24 hostages alive in Gaza after Trump comment alarms families
JERUSALEM, May 7 (Reuters) - An Israeli official said on Wednesday that 24 hostages were alive in Gaza after U.S. President Donald Trump said the number was 21, alarming the families of hostages.Gal Hirsch, Israel's coordinator for hostage issues, said in a post on X that the Palestinian militan...Reuters
Wed, May 7
Vodafone CFO Luka Mucic to step down in surprise move
Mucic to become CEO of Germany's VonoviaVodafone's search for new CFO underwayMucic was Vodafone CFO since September 2023Vodafone to announce annual results on May 20 May 7 (Reuters) - Vodafone VOD.L finance chief Luka Mucic will be stepping down after less than three years in the role, t...Reuters
Wed, May 7
South Korea's former PM seeks distance from martial law in election bid
Han opposed martial law, seeks party unity for presidential candidacyHan criticises political polarisation, pledges constitutional reforms if electedLee leads polls, wins reprieve from ruling in criminal caseBy Josh SmithSEOUL, May 7 (Reuters) - South Korea's former prime minister Han Duck-soo s...Reuters
Wed, May 7
OpenAI plans to cut Microsoft revenue share after restructuring, The Information reports
May 7 (Reuters) - OpenAI has told investors it will share a smaller fraction of revenue with major backer Microsoft MSFT.O as it moves ahead with its restructuring, The Information reported on Tuesday. The ChatGPT-maker has dialed back a significant restructuring plan, with its nonprofit parent reta...Reuters
Wed, May 7
Former US president Biden accuses Trump of appeasement of Russia
LONDON, May 7 (Reuters) - Former U.S. President Joe Biden said his successor Donald Trump's pressure on Ukraine to give up territory to Russia is a form of "modern-day appeasement" that will never satisfy Moscow. Speaking to the BBC in what the broadcaster said was his first interview si...Reuters
Wed, May 7
New German chancellor sends minister to Israel amid concern about aid plans
BERLIN, May 7 (Reuters) - New German Chancellor Friedrich Merz expressed concern about Israel's plans to take over the distribution of humanitarian aid in Gaza and said his new foreign minister would travel to Israel at the weekend."It must be clear that the Israeli government must fulfil it...Reuters
Wed, May 7
Euro zone bond yields stable ahead of Fed policy meeting
May 7 (Reuters) - Euro zone government bond yields were steady on Wednesday, with focus fixed on a U.S. Federal Reserve rate decision later in the day and a Bank of England meeting on Thursday.In early trade, Germany's 10-year bond yield, the euro area's benchmark, was up just 1 basis points at...
Reuters
Wed, May 7
SNAPSHOT-What has happened in India and Pakistan as they fight over Kashmir killings
NEW DELHI, May 7 (Reuters) - India launched strikes on Pakistan and Pakistani Kashmir on Wednesday, an assault its neighbour called a "blatant act of war" as tension spirals between the nuclear-armed rivals after a deadly attack on tourists in Indian Kashmir. WHAT IS OPERATION SINDOOR?India ...Reuters
Wed, May 7
Aviation market unmoved despite Houthis campaign on Israel airports
By Michael Jones May 6 - (The Insurer) - The announcement by Yemen's Houthi rebels of a “comprehensive” aerial blockade on Israel through the targeting of its airports will not result in any change of approach to the country by aviation insurers, two senior aviation market sources told The I...Reuters
Wed, May 7
S&P Says China's Bad Loans Likely To See Larger Tariff-Related Downside
May 7 (Reuters) - S&P:CHINA'S BAD LOANS LIKELY TO SEE LARGER TARIFF-RELATED DOWNSIDES&P - FORECAST CHINA'S ANNUAL CREDIT LOSSES AVERAGING CHINESE RENMINBI (RMB) 2.55 TRILLION OVER 2025-2027Source text: https://tinyurl.com/3cesp9xaReuters
Wed, May 7
Tokyo Century Corp - To Record Extraordinary Income In Fiscal 2025 Following Aviation Capital Group's Insurance Claim Settlements
May 7 (Reuters) - Tokyo Century Corp 8439.T:TOKYO CENTURY CORP: TO RECORD EXTRAORDINARY INCOME IN FISCAL 2025 FOLLOWING AVIATION CAPITAL GROUP'S INSURANCE CLAIM SETTLEMENTSReuters
Wed, May 7
Franklin Resources Q2 Adjusted EPS USD 0.47 Vs. IBES Estimate USD 0.473 (May 2)
May 7 (Reuters) - * Franklin Resources Q2 operating margin 6.9%.* Q2 operating income USD 145.6 million* Q2 EPS USD 0.26* Q2 adjusted operating income USD 377.2 million vs. IBES estimate USD 365.2 million* Q2 revenue USD 2,111.4 million vs. IBES estimate USD 1,595 million* Q2 net income USD 151.4 mi...Reuters
Wed, May 7
Spirent Communications Says Q1 Revenue Were In Line With Same Period Last Year
May 7 (Reuters) - Spirent Communications:SPIRENT COMMS. PLC KEYSIGHT TECHNOLOGS. - SPIRENT FIRST QUARTER 2025 TRADING UPDATESPIRENT COMMUNICATIONS: Q1 ORDERS AND REVENUE WERE BOTH IN LINE WITH OUR PLAN AND IN LINE WITH SAME PERIOD LAST YEARSPIRENT COMMUNICATIONS PLC: CAREFULLY REVIEWING TARIFF CHAN...Reuters
Wed, May 7
Former US president Biden accuses Trump of appeasement of Russia
LONDON, May 7 (Reuters) - Former U.S. President Joe Biden said his successor Donald Trump's pressure on Ukraine to give up territory to Russia is a form of "modern-day appeasement" that will never satisfy Moscow. In an interview with the BBC broadcast on Wednesday, Biden said Russian Pre...Reuters
Wed, May 7
Franklin Resources Q2 Adjusted EPS USD 0.47 Vs. IBES Estimate USD 0.473 (May 2)
May 7 (Reuters) - * Franklin Resources Q2 operating margin 6.9%.* Q2 operating income USD 145.6 million* Q2 EPS USD 0.26* Q2 adjusted operating income USD 377.2 million vs. IBES estimate USD 365.2 million* Q2 revenue USD 2,111.4 million vs. IBES estimate USD 1,595 million* Q2 net income USD 151.4 mi...Reuters
Wed, May 7
CT Automotive Group Says Outlook For Business Becomes More Complex With Uncertainty By Tariffs
May 7 (Reuters) - CT Automotive Group PLC CTA.L:CT AUTOMOTIVE GROUP PLC: OUTLOOK FOR BUSINESS HAS BECOME MORE COMPLEX WITH UNCERTAINTY CAUSED BY TARIFFSCT AUTOMOTIVE : NEAR-SHORED A NUMBER OF PRODUCTION PROGRAMMES SUPPLYING US, WITH PRODUCTS MANUFACTURED IN CHINESE FACILITIES TRANSFERRING TO MEXICOC...Reuters
Wed, May 7
Veolia to take full ownership of water management unit in $1.75 billion deal, gets $750 million in new contracts
By Dimitri Rhodes and Etienne BrebanMay 7 (Reuters) - French group Veolia VIE.PA said on Wednesday it will buy the 30% of shares in Water Technologies and Solutions (WT&S) that it does not already own from Quebec Deposit and Investment Fund (CDPQ) for $1.75 billion.The waste and water managemen...Reuters
Wed, May 7
