News
Important Only
IMF's Georgieva says IMF has been vocal about China's need to change economic model
WASHINGTON, May 5 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Monday said the IMF has been vocal about its policy prescriptions for China to move away from an export-led growth model.Asked at the Milken Institute Global conference in the Los Angeles area whether...Reuters
Mon, May 5
At least three drowned after small boat overturns near San Diego
May 5 (Reuters) - At least three people drowned after a small boat overturned in the Pacific Ocean north of San Diego, authorities told NBC News and other media outlets on Monday, and the U.S. Coast Guard said it was searching for nine missing people.A survivor told rescuers 18 people were on board ...Reuters
Mon, May 5
Trump administration seeks to ID anticompetitive regulations
WASHINGTON, May 5 (Reuters) - The U.S. Federal Trade Commission and the Department of Justice are seeking to identify anticompetitive government regulations, the administration said on Monday. The FTC and DOJ directed the heads of federal agencies to compile a list of those that they deem "reduc...Reuters
Mon, May 5
Jimmy Page, Sony Pictures sued by songwriter over Led Zeppelin song
By Blake BrittainMay 5 (Reuters) - Songwriter Jake Holmes sued former Led Zeppelin and Yardbirds guitarist Jimmy Page, music publisher Warner Chappell WMG.O and film studio Sony Pictures 6758.T in California federal court on Monday for allegedly violating his rights in the song "Dazed and Confus...Reuters
Mon, May 5
Romania PM resigns after far-right wins first-round of president vote
Far-right leader Simion won first-roundHe will face centrist mayor in May 18 run-offRomanian local debt yields jump, eurobond prices fall Pro-western ruling coalition collapsesInterim govt to stay on until May 18 run-off By Luiza Ilie and Elizaveta Gladun BUCHAREST, May 5 (Reuters) - Romanian Pri...Reuters
Mon, May 5
Mexico's Banorte backs away from potential Banamex bid
By Rafael EscaleraMontoto May 5 (Reuters) - Mexican lender Banorte GFNORTEO.MX is not considering making a bid for Banamex, Citi's C.N one-time retail unit in the country which it split off last year, CEO Marcos Ramirez told local newspaper Milenio in an interview published on Monday.WHY IT&#...Reuters
Mon, May 5
JPMorgan says AI helped boost sales, add clients in market turmoil
AI tools enhance client advisory speed amid market volatilityJPMorgan's AI to boost client roster by 50% in the next three to five yearsBy Nupur Anand NEW YORK, May 5 (Reuters) - JPMorgan Chase's JPM.N artificial intelligence tools enabled it to boost sales to wealthy clients and manage s...Reuters
Mon, May 5
No decisions yet on foreign film tariffs, White House says
WASHINGTON, May 5 (Reuters) - U.S. President Donald Trump's administration has not yet made any final decisions on foreign film tariffs, but is exploring all options to deliver on the president's directive concerning Hollywood, White House spokesman Kush Desai said on Monday. Trump on Sun...Reuters
Mon, May 5
Franklin Templeton CEO says meaningful tax cuts, tariff progress would calm markets
By Suzanne McGeeMay 5 (Reuters) - Jenny Johnson, CEO of Franklin Templeton BEN.N, said she believes signs of "meaningful" progress on tax cuts and tariff negotiations with U.S. trading partners would help to calm turbulent markets.Speaking to an audience at the Milken Institute's global ...Reuters
Mon, May 5
US Army pausing helicopter training flights around Pentagon -- official
WASHINGTON, May 5 (Reuters) - The U.S. Army is pausing helicopter training flights around the Pentagon pending a review into two passenger airline flights that were forced to abort landings at Reagan Washington National Airport on Thursday because of a nearby Black Hawk helicopter.The Army's...Reuters
Mon, May 5
Google has launched new film and TV production wing, Business Insider reports
May 5 (Reuters) - Alphabet's Google GOOGL.O has launched a new film and TV production initiative called "100 Zeros" to focus on identifying projects that the tech giant can help fund or produce, Business Insider reported on Monday.The initiative is a multi-year partnership with Range Med...Reuters
Mon, May 5
REFILE-Democratic-led states sue to prevent Trump from gutting health agencies
May 5 (Reuters) - A group of Democratic-led states filed a lawsuit on Monday to challenge the Trump administration's decision to gut the U.S. Department of Health and Human Services by firing 10,000 of its employees and shuttering entire agencies within the department.Attorneys general from 19 s...Reuters
Mon, May 5
Versus Media Holdings Files For Offering Of Minimum 21.8 & Maximum 65.5 Class A Ordinary Shares - SEC Filing
May 5 (Reuters) - VS Media Holdings Ltd VSME.O:VERSUS MEDIA HOLDINGS LTD: FILES FOR OFFERING OF MINIMUM 21.8 AND MAXIMUM 65.5 CLASS A ORDINARY SHARES - SEC FILINGSource text: [ID:n0001641172-25-008650]Reuters
Mon, May 5
Romania PM resigns after far-right wins first-round of president vote
Far-right leader Simion won first-roundHe will face centrist mayor in May 18 run-offRomanian local debt yields jump, eurobond prices fall By Luiza Ilie and Elizaveta Gladun BUCHAREST, May 5 (Reuters) - Romanian Prime Minister Marcel Ciolacu resigned on Monday, a day after a far-right oppositi...Reuters
Mon, May 5
Allies seek deal on more Patriots for Kyiv before NATO summit, source says
Ukraine desperate to get more PatriotsU.S. officials say plan to provide systems came under BidenZelenskiy said he and Trump discussed missile defenseBy Sabine Siebold BERLIN, May 5 (Reuters) - Ukraine's Western allies are in discussions about supplying additional Patriot air defence systems ...Reuters
Mon, May 5
