News
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Vietnam's Vietjet says to form joint venture with Qazaq Air
HANOI, May 6 (Reuters) - Vietnamese budget airline Vietjet said on Tuesday it had bought a strategic stake in Kazakhstan's Qazaq Air to a joint venture with the latter. The joint venture, Vietjet Qazaqstan, will operate a fleet of at least 20 Boeing 737 aircraft, Vietjet said in a statement.Reuters
Tue, May 6
OpenAI agrees to buy Windsurf for about $3 billion, Bloomberg News reports
May 5 (Reuters) - OpenAI has agreed to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Monday, citing people familiar with the matter. The deal has not yet closed, the report added. OpenAI declined to comment, while Windsurf did not immediat...Reuters
Tue, May 6
Victoria Confirms FY25 Revenue At Least £1.11bn
May 6 (Reuters) - Victoria PLC VCP.L:VICTORIA PLC - FY2025 TRADING UPDATEVICTORIA PLC - CONFIRMS FY2025 REVENUE AT LEAST £1.11BNVICTORIA - FY EBITDA MARGINS IN LINE WITH MARKET EXPECTATIONSVICTORIA : ABOUT 80% OF GROUP'S ACTIVITIES ARE IN NON-US MARKETS, SO ANY DIRECT IMPACT OF TARIFF IS LIMIT...Reuters
Tue, May 6
South Korea's ex-PM Han vows to team up with conservative election candidate
South Korea to hold snap election on June 3Liberal candidate Lee Jae-myung leads polls with nearly 50% supportPressure on Han Duck-soo and conservative candidate Kim Moon-soo to join forcesHan says he is best placed to resolve U.S.-South Korea trade issues SEOUL, May 6 (Reuters) - South Korea'...Reuters
Tue, May 6
Anglogold Ashanti And Gold Fields Agree To Pause Proposed Ghana JV Discussions
May 6 (Reuters) - Anglogold Ashanti Plc AU.N:ANGLOGOLD ASHANTI AND GOLD FIELDS AGREE TO PAUSE PROPOSED GHANA JV DISCUSSIONSCOMPANIES HAVE DECIDED TO PAUSE DISCUSSIONS AROUND JOINT VENTURECOMPANIES TO FOCUS ON STANDALONE PERFORMANCE AT RESPECTIVE SITESFurther company coverage: AU.NReuters
Tue, May 6
Alpha Group International Rejects Corpay Proposal
May 6 (Reuters) - Alpha Group International PLC ALPH.L:ALPHA GROUP INTL PLC - STATEMENT RE POSSIBLE OFFER BY CORPAY, INC.ALPHA GROUP INTERNATIONAL PLC - RECEIVES PRELIMINARY ALL-CASH PROPOSAL FROM CORPAYALPHA GROUP INTERNATIONAL PLC - BOARD UNANIMOUSLY REJECTS CORPAY PROPOSALALPHA GROUP INTERNATION...Reuters
Tue, May 6
UK's Alpha Group rejects all-cash proposal from Corpay
May 6 (Reuters) - British financial services provider Alpha Group International ALPH.L on Tuesday said it had rejected an all-cash proposal from U.S.-based business payments firm Corpay CPAY.N.Corpay, which offers tools that allow businesses to make payments to vendors, had expressed its interest in...Reuters
Tue, May 6
Northern Re’s McKelvy eyes $500 million GWP amid casualty ILS growth projections
By Rebecca DelaneyMay 2 - (The Insurer) – Northern Re founder and co-CEO Peter McKelvy is bullish on the growth potential of casualty insurance-linked securities (ILS) but told The Insurer the market still requires structured solutions to address concerns around tail risk.McKelvy said he remains opt...Reuters
Tue, May 6
PRESS DIGEST - Wall Street Journal - May 6
May 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- OpenAI abandoned an effort to place its juggernaut artificial-intelligence business under control of a for-profit entity and will instead rem...Reuters
Tue, May 6
DoorDash to acquire UK's Deliveroo in $3.9 billion deal
May 6 (Reuters) - DoorDash DASH.O said on Tuesday it would buy British meal delivery firm Deliveroo ROO.L for 2.9 billion pounds ($3.85 billion) as a part of the U.S. online delivery platform's plans to expand into international markets.($1 = 0.7526 pounds)Reuters
Tue, May 6
American climber dies on world's fifth-highest peak in Nepal
By Gopal SharmaKATHMANDU, May 6 (Reuters) - An American mountaineer died on Mount Makalu in eastern Nepal during a climb to raise funds for a children's cancer programme, officials said on Tuesday, the second death in the Himalayan nation's climbing season that began in March.The world's...Reuters
Tue, May 6
Trump says pharma tariffs to come in 2 weeks, signs order to boost domestic output
Investing.com-- U.S. President Donald Trump on Monday signed an executive order aimed at boosting domestic pharmaceutical production, and warned that he will impose import tariffs on the sector in the next two weeks.Investing.com
Tue, May 6
International Petroleum Says SEES FY 2025 Average Net Production Guidance Range Forecast Maintained At 43,000 To 45,000 BOEPD
May 6 (Reuters) - International Petroleum Corp IPCO.TO:AVERAGE NET PRODUCTION OF APPROXIMATELY 44,400 BOEPD FOR Q1 OF 2025SEES FY 2025 AVERAGE NET PRODUCTION GUIDANCE RANGE FORECAST MAINTAINED AT 43,000 TO 45,000 BOEPDFULL YEAR 2025 OPERATING COSTS GUIDANCE RANGE FORECAST MAINTAINED AT USD 18 TO 19 ...Reuters
Tue, May 6
FSport Enters Into Agreement With Aftermath Interactive
May 6 (Reuters) - FSport AB FSPORT.ST:SAID ON MONDAY ENTERED INTO AGREEMENT WITH AFTERMATH INTERACTIVETO DIVEST TECHNOLOGY IN EXCHANGE FOR NEWLY ISSUED SHARESTO LEND SEK 1 MLN TO AFTERMATH FOR 1 YEAR AND AT MARKET TERMS, TO BE ABLE TO BEGIN ESTABLISHING ITSELF IN U.S. MARKETReuters
Tue, May 6
Siav Subscribes Binding Deal For Unit Mitric Stake Disposal
May 6 (Reuters) - Siav SpA SIAV.MI:SAID ON MONDAY IT HAD SUBSCRIBED BINDING AGREEMENT FOR STAKE DISPOSAL HELD IN UNIT MITRICSTAKE AMOUNT IS EQUAL TO 51% OF MITRIC SHARE CAPITAL, IN FAVOUR OF ARCHIVA OWNED BY PROGRESSIO INVESTIMENTI IV FUNDReuters
Tue, May 6
