News
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EU's green push costs chemical firms more than $20 billion annually, says trade body
By Tanay Dhumal April 17 (Reuters) - The European Union's increasingly stringent environmental regulations are saddling global chemical companies with more than $20 billion in annual costs, according to the trade association, European Chemical Industry Council (CEFIC). WHY IT'S IMPORTANT ...Reuters
Thu, Apr 17
PREVIEW-US oilfield services firms brace for earnings as tariffs cloud outlook
By Vallari Srivastava April 17 (Reuters) - Results next week will likely provide a peek into how the world's top three oilfield services companies are navigating the uncertainty fueled by the on-again, off-again U.S. tariffs, as well as a recent slide in oil prices.President Donald Trump pro...Reuters
Thu, Apr 17
Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports
BEIJING, April 17 (Reuters) - Nvidia NVDA.O CEO Jensen Huang said on Thursday that China was a very important market for Nvidia after the U.S. imposed a ban on sales of its H20 artificial intelligence chips to the country."We hope to continue to cooperate with China," Huang said in a meetin...Reuters
Thu, Apr 17
FACTBOX-Google's antitrust woes mount in US cases over search, apps, ads
April 17 (Reuters) - Alphabet's GOOGL.O Google illegally dominated two markets for online advertising technology, a federal judge said on Thursday, dealing another blow to the tech titan in an antitrust case brought by the U.S.The ruling could allow prosecutors to argue for a breakup of Google&#...Reuters
Thu, Apr 17
Exclusive: Envelop Risk CUO Chatterjee exiting cyber reinsurance MGA after seven years
By James ThalerApril 17 - (The Insurer) – Envelop Risk’s chief underwriting officer Ari Chatterjee is exiting the UK-based cyber reinsurance MGA after seven years with the company, with the executive's role having been eliminated and with Chatterjee declining to take up an alternative post as gl...Reuters
Thu, Apr 17
US airlines struggle to forecast their business in worsening economic fog
Trump's tariffs seen as self-inflicted industry challengeMixed economic signals complicate airlines' strategic decisionsAirlines cut costs by retiring older planes and reducing flightsCarriers wary of drastic measures to avoid losing market shareBy Rajesh Kumar Singh CHICAGO, April 17 (Re...Reuters
Thu, Apr 17
Ex-Harvard morgue manager charged with selling stolen body parts to plead guilty
By Nate Raymond BOSTON, April 17 (Reuters) - A former Harvard Medical School morgue manager accused of stealing and selling organs and other parts of cadavers donated to the school for medical research and education has agreed to plead guilty.Cedric Lodge, who managed Harvard's morgue for mor...Reuters
Thu, Apr 17
Wealth of Russia's richest people rises to record $625.5 billion
MOSCOW, April 17 (Reuters) - Russia's richest people saw their wealth rise by more than 8% to $625.5 billion over the past year, with at least 146 billionaires listed by the Forbes Russian-language list of the wealthiest people in Russia, the magazine said on Thursday.Vagit Alekperov, former bos...Reuters
Thu, Apr 17
Italy may take 'golden power' decision on banks on Friday, minister says
ROME, April 17 (Reuters) - The Italian government may take decisions using its so-called "golden powers" to set conditions over bank takeovers at a cabinet meeting on Friday, Economy Minister Giancarlo Giorgetti said. Giorgetti's comment, made at the launch of a business magazine in Rome...Reuters
Thu, Apr 17
REFILE-Brown & Brown’s Owad: Privacy-related cyber risks underestimated amid rising wrongful collection claims
By Mia MacGregorApril 14 - (The Insurer) - Organizations need to sharpen their focus on the privacy side of cyber risk as claims related to wrongful data collection continue to climb, according to Anju Owad, senior vice president at Brown & Brown."Many claims in 2024 had risen from wrongful ...Reuters
Thu, Apr 17
US Treasury's Bessent cautioned White House against firing Fed chair, Politico reports
WASHINGTON, April 17 (Reuters) - U.S. Treasury Secretary Scott Bessent has repeatedly cautioned White House officials against attempting to fire Federal Reserve Chair Jerome Powell, saying this would risk destabilizing financial markets, Politico reported on Thursday, citing two unnamed sources.Reuters
Thu, Apr 17
EXCLUSIVE-JPMorgan beefs up activism defense group, hires two managing directors
JPMorgan hires Herrington and Park as managing directors JPMorgan's activism defense team sees biggest expansion in a decadeBank ranks second in global financial advisers league tableBy Svea Herbst-BaylissNEW YORK, April 17 (Reuters) - JPMorgan Chase JPM.N is hiring two veteran bankers in its gl...Reuters
Thu, Apr 17
75.72% BP Shareholders Vote For Re-Election Of Chairman Helge Lund As Director At AGM
April 17 (Reuters) - BP PLC BP.L:75.72% OF SHAREHOLDERS VOTE FOR RE-ELECTION OF CHAIRMAN HELGE LUND AS DIRECTOR AT AGMCHAIR SUCCESSION PROCESS IS WELL UNDERWAYWILL CONTINUE TO CONSULT WITH ITS SHAREHOLDERS TO UNDERSTAND REASON BEHIND RESULT FOR RESOLUTION 3 ON RE-ELECTION OF HELGE LUND95.54% OF SHAR...Reuters
Thu, Apr 17
Italy may take 'golden power' decision on banks on Friday, minister says
ROME, April 17 (Reuters) - The Italian government may take decisions using its so-called "golden powers" to set conditions over bank takeovers at a cabinet meeting on Friday, Economy Minister Giancarlo Giorgetti said on Thursday.Reuters
Thu, Apr 17
Boeing delivery plant in China latest hot spot in tariff war
Doubts over Boeing jet deliveries to China amid tariffsFour jets standing at Boeing facility in ChinaReport says three of the jets are to return to the U.S.China delivery hurdles are latest setback for Boeing By Lisa Barrington, Sophie Yu, Dan Catchpole and Tim Hepher April 17 (Reuters) - Boeing ...Reuters
Thu, Apr 17
Italy says tax talks with US should be bilateral, not done through EU
ROME, April 17 (Reuters) - Italian Economy Minister Giancarlo Giorgetti said on Thursday that negotiations with the United States on taxation of digital and other companies should be conducted bilaterally, not through the European Union.Speaking at the launch in Rome of a new business weekly publica...Reuters
Thu, Apr 17
