News
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XXL On Frasers' Offer Says Board RecommendsShareholders With A Longterm View On Their Investment Do Not Accept The Offer
May 5 (Reuters) - Frasers Group PLC FRAS.L:XXL ASA ON FRASERS' OFFER - BOARD RECOMMENDS XXL SHAREHOLDERS WITH A LONGTERM VIEW ON THEIR INVESTMENT DO NOT ACCEPT THE OFFERXXL ASA- THE FRASERS OFFER DOES NOT ADEQUATELY REFLECT THE COMPANY’S LONG-TERM EARNINGS POTENTIALXXL ASA ON FRASERS' OFFER:...Reuters
Mon, May 5
App used by Trump adviser says it is temporarily suspending services following reported hack
WASHINGTON, May 5 (Reuters) - The communications app used by U.S. President Donald Trump's former national security adviser, Mike Waltz, says it is temporarily suspending services following a reported hack that exposed some of its messages.In an email, Portland, Oregon-based Smarsh, which runs t...Reuters
Mon, May 5
Canada Competition Bureau Sues Canada's Wonderland For Allegedly Advertising Misleading Prices Online
May 5 (Reuters) - CANADA COMPETITION BUREAU SAYS IT SUES CANADA'S WONDERLAND FOR ALLEGEDLY ADVERTISING MISLEADING PRICES ONLINESource text: https://www.canada.ca/en/competition-bureau/news/2025/05/competition-bureau-sues-canadas-wonderland-for-allegedly-advertising-misleading-prices-online.htmlReuters
Mon, May 5
Johnson says Trump agenda is not facing a setback in US House
WASHINGTON, May 5 (Reuters) - U.S. Speaker Mike Johnson said on Monday that his chamber remains on target to pass President Donald Trump's tax bill around the May 26 Memorial Day holiday, telling reporters that there has been no "setback" in advancing the legislation.Reuters
Mon, May 5
Six US states invite Canadian provincial leaders to discuss Trump tariffs
WASHINGTON, May 5 (Reuters) - The governors of six U.S. states have invited Canadian provincial leaders to discuss the impact of tariffs imposed by U.S. President Donald Trump, one of those states said in a statement on Monday.Massachusetts Governor Maura Healey, Maine Governor Janet Mills, New York...Reuters
Mon, May 5
Airtel Africa Announces Agreement With SpaceX
May 5 (Reuters) - Airtel Africa PLC AAF.L:AIRTEL AFRICA: AGREEMENT WITH SPACEX TO BRING STARLINK’S HIGH-SPEED INTERNET SERVICES TO ITS CUSTOMERS IN AFRICAAIRTEL AFRICA -WILL ALSO EXPLORE RURAL COVERAGE EXPANSION THROUGH CELLULAR BACKHAULINGSource text: [ID:]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 years Gross sales increased by 20% between 2023-2024 with AI toolsBy Nupur Anand NEW YORK, May 5 (Reuters) - JPMorgan Chase's JPM.N artificial-intelligence...Reuters
Mon, May 5
Trump, asked about Israel's Gaza plans, says US will help on food
WASHINGTON, May 5 (Reuters) - President Donald Trump repeated a U.S. pledge to help get food to Palestinians in Gaza when he was asked at the White House on Monday about Israeli plans for an expanded offensive in the territory.Trump did not offer his views on Israel's operations. He made the com...Reuters
Mon, May 5
Victor broadens real estate E&O program coverage and reduces rates
By Chris MunroMay 5 - (The Insurer) - Victor has broadened its real estate E&O insurance program and cut the offering’s premium rates in several U.S. states with the updated coverage available immediately for all new business and applied from September 1 for renewing policyholders.The program is...Reuters
Mon, May 5
CORRECTED-Cummins withdraws 2025 financial forecast on tariff woes
May 5 (Reuters) - Cummins CMI.N withdrew its annual forecast on Monday, joining other vehicle manufacturers that are reassessing expectations as the industry grapples with the mounting uncertainty generated by U.S. President Donald Trump's sweeping import tariffs. The U.S. truck-engine maker had...Reuters
Mon, May 5
OpenAI To Continue To Be Overseen & Controlled By Non-Profit
May 5 (Reuters) - OpenAI:OPENAI BOARD HAS AN UPDATED PLAN FOR EVOLVING OPENAI’S STRUCTURE.OPENAI: OUR FOR-PROFIT LLC, WILL TRANSITION TO PUBLIC BENEFIT CORPORATIONOPENAI: WILL CONTINUE TO BE OVERSEEN & CONTROLLED BY THAT NON-PROFITOPENAI: NON-PROFIT WILL CONTINUE TO CONTROL THE PBC, AND WILL BEC...Reuters
Mon, May 5
Center Holdings Files for US IPO Of 3.75 Million Ordinary Shares
May 5 (Reuters) - Center Holdings:CENTER HOLDINGS INC - EXPECT US IPO PRICE OF ORDINARY SHARES TO BE IN RANGE OF $4.00 TO $6.00 PER ORDINARY SHARECENTER HOLDINGS INC - HAVE APPLIED TO LIST ORDINARY SHARES ON NASDAQ UNDER SYMBOL “CTMB”CENTER HOLDINGS INC: FILES FOR U.S. IPO OF 3.75 MILLION ORDINARY S...Reuters
Mon, May 5
Trump says he knows nothing about image of him as pope
WASHINGTON, May 5 (Reuters) - President Donald Trump said on Monday he had nothing to do with the production of an image that showed him dressed like a pope but said it was done in jest."I just saw it last evening," Trump told reporters in the Oval Office. He said his wife, Melania Trump, th...Reuters
Mon, May 5
OpenAI to remain under non-profit control in change of restructuring plans
May 5 (Reuters) - OpenAI will remain under the control of a non-profit, the startup at the heart of the generative artificial intelligence boom said on Monday, months after it outlined plans to revamp its structure to create a public benefit corporation that would make it easier to raise capital.Reuters
Mon, May 5
Trump says will meet film industry officials on tariff plan
WASHINGTON, May 5 (Reuters) - President Donald Trump said on Monday he will meet with some film industry officials about his plan for a 100% tariff on all movies produced outside of the United States.Trump told reporters in the Oval Office he wants to make sure the film industry is happy with his ta...Reuters
Mon, May 5
Europe space agency studying impact of proposed NASA budget cuts
PARIS, May 5 (Reuters) - The European Space Agency said on Monday it was studying the impact of U.S. budget proposals that include cuts to NASA moon programmes in which it has a role and remained open to co-operation with the U.S. space agency.Ministers from ESA's governing council will discuss ...Reuters
Mon, May 5
Google has launched new film and TV production wing, Business Insider reports
May 5 (Reuters) - Google has launched a new film and TV production initiative to scout projects it could fund or co-produce, Business Insider reported, a move that could help it capitalize on an industry reeling from rising production costs and potential U.S. tariffs.The initiative, called "100 ...Reuters
Mon, May 5
US Army pausing helicopter training flights around Pentagon
Army helicopter forced aborted landings by commercial jetsBlack Hawk struck jet in fatal January accidentBy Idrees Ali, David Shepardson WASHINGTON, May 5 (Reuters) - The U.S. Army is pausing helicopter training flights in the vicinity of the Pentagon pending a review into two passenger airline f...Reuters
Mon, May 5
