News
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EU's von der Leyen will attend Pope's funeral
BRUSSELS, April 22 (Reuters) - EU Commission President Ursula von der Leyen will attend Pope Francis' funeral on Saturday, her office said on Tuesday.U.S. President Donald Trump had earlier already said he and his wife would fly to Rome for the service. Among other heads of state set to attend w...Reuters
Tue, Apr 22
Bertelsmann chief seeks to revive $4.15 billion French TV merger, FT reports
April 22 (Reuters) - German media group Bertelsmann's BTGGg.F CEO Thomas Rabe hopes to revive the aborted merger between French broadcasters M6 MMTP.PA and TF1 TFFP.PA within the next two to three years, he told the Financial Times in an interview published on Tuesday. In 2022, M6 Group and TF1 ...Reuters
Tue, Apr 22
Kremlin says talks with Ukraine could happen if 'obstacles' are removed
MOSCOW, April 22 (Reuters) - The Kremlin said on Tuesday that there are no concrete plans for talks between Russia and Ukraine, but such contacts could take place if Ukraine was willing to remove certain obstacles.Kremlin spokesman Dmitry Peskov did not specify which obstacles Moscow was referring t...Reuters
Tue, Apr 22
Russian court cuts jail term for American held on drug charges, lawyer says
MOSCOW, April 22 (Reuters) - A Russian court on Tuesday ordered that the jail sentence of a U.S. citizen convicted of drug trafficking be reduced to 9-1/2 years from 12-1/2, the man's lawyer told Reuters.Robert Woodland was found guilty in July 2024 of attempting to sell drugs after he was arres...Reuters
Tue, Apr 22
Intel's AI struggles and AMD's china woes prompt Bernstein to lower PTs
** Bernstein cuts price targets on Intel INTC.O and AMD AMD.O, citing challenging market conditions** Bernstein sees lack of a strong AI narrative for INTC; cuts PT to $21 form $25** Brokerage is cautious about AMD due to potential impacts from China sanctions and aggressive competition from INTC; c...Reuters
Tue, Apr 22
UAE's AIQ, Weatherford Sign Strategic Partnership To Accelerate Efficiency In Energy Production
April 22 (Reuters) - AIQ:AIQ AND WEATHERFORD SIGN STRATEGIC PARTNERSHIP TO ACCELERATE EFFICIENCY IN ENERGY PRODUCTIONAIQ TO INTEGRATE WEATHERFORD’S SOFTWARE AND HARDWARE SOLUTIONS, INCLUDING THE MODERN EDGE SUITE, UNIFIED DATA MODEL, AND WFRD SOFTWARE LAUNCHPAD, WITH ITS ROBUST AI-DRIVEN SYSTEMSBY C...Reuters
Tue, Apr 22
Olympics-Biles still undecided on 2028 LA Games participation
PARIS, April 22 (Reuters) - Simone Biles, the most decorated gymnast in history, said she has yet to decide whether she will take part in her home Olympics in Los Angeles in 2028.Biles won gold medals in the team, all-around and vault competitions at the 2024 Games to complete a triumphant comeback ...Reuters
Tue, Apr 22
Ericsson expands manufacturing in India to make antennas
STOCKHOLM, April 22 (Reuters) - Sweden's Ericsson ERICb.ST is planning to manufacture all its telecom antennas for the Indian market in the South Asian country, the company said on Tuesday.Demand from India's telecom companies surged in 2023, as Bharti Airtel and Jio, the telecom unit of Rel...Reuters
Tue, Apr 22
Ishiba Takes a Hard Line as Japanese Auto and Tourism Industries Already Feel the Pain of Trump's Tariffs
TradingKey - As the impact of Trump’s tariffs on the real economy begins to surface, and more countries voice opposition to Trump’s tariff policies, Japan appears to be adopting a tougher stance in its trade negotiations with the U.S.
TradingKey
Tue, Apr 22
Europeans outlined non-negotiable issues to US for Ukraine-Russia peace deal, French minister says
PARIS, April 22 (Reuters) - European powers told the United States last week which aspects of a potential peace deal between Ukraine and Russia would be non-negotiable for them, ahead of a new round of discussions on Wednesday, France's Foreign Minister Jean-Noel Barrot said. Ukraine, the...Reuters
Tue, Apr 22
ANALYSIS-China's cutthroat EV revolution leaves little margin for profit
Few Chinese EV makers make money even as they lead a technological revolutionCrowded EV market has few winners in protracted price warExecutives from China's Xpeng say few EV startups will ultimately surviveThe winners, Xpeng says, will develop their own AI, chips, self-driving techBy Brian Thev...Reuters
Tue, Apr 22
Euro zone yields steady as traders shrug off Trump, reflect on economy
April 22 (Reuters) - Euro zone government bond yields steadied on Tuesday as traders returning from the long weekend reassessed their outlook for the economy after the European Central Bank's rate decision on Thursday and comments that U.S. tariffs would knock growth.
Reuters
Tue, Apr 22
Iran's foreign minister to visit China on Wednesday, Chinese foreign ministry says
BEIJING, April 22 (Reuters) - Iran's Foreign Minister Seyed Abbas Araghchi will visit China on April 23 at the invitation of China, the Chinese foreign ministry announced on Tuesday.The two sides will discuss bilateral relations and international and regional hot-spot issues of common concern, m...Reuters
Tue, Apr 22
FACTBOX-Foreign companies eye US expansion to lessen fallout from tariffs
April 22 (Reuters) - Some non-U.S. companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the impact of President Donald Trump's sweeping tariffs.Below are some of the plans flagged by those companies.BARRY CALLEBAUT BARN.SThe chocola...Reuters
Tue, Apr 22
Ericsson expands manufacturing in India to make antennas
STOCKHOLM, April 22 (Reuters) - Sweden's Ericsson ERICb.ST is planning to manufacture all its telecom antennas for the Indian market in the country, the company said on Tuesday.Demand from India's telecom companies started to skyrocket in 2023, as Bharti Airtel and Jio, the telecom unit of R...Reuters
Tue, Apr 22
France's Barrot: Europeans expressed red lines over Ukraine to US
PARIS, April 22 (Reuters) - Europe has expressed its red lines over Ukraine to the United States at a meeting last week ahead of a new round of discussions in London on Wednesday, French Foreign Minister Jean-Noel Barrot said on Tuesday.He also said in an interview with francinfo radio that Russian ...Reuters
Tue, Apr 22
Amwins' Jackson: Nimble MGA market is similar to Lloyd's 30 years ago
By Rebecca DelaneyApril 22 - (The Insurer) - The current MGA segment is similar to the Lloyd's market around 30 years ago owing to its nimbleness and the ability of underwriters to "put the pen down", said Amwins' Simon Jackson.Jackson, who serves as managing director at Amwins Inter...Reuters
Tue, Apr 22
South Korea's acting president Han expects positive outcome from US trade talks
Seoul says talks to cover tariff exemptions or reductions Could cover potential cooperation on shipbuilding, energySouth Korea among first countries to start trade talks with USBy Hyunsu Yim SEOUL, April 22 (Reuters) - South Korea's acting president Han Duck-soo expects this week's t...Reuters
Tue, Apr 22
