News
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Germany to require streaming platforms to invest in local production
BERLIN, Feb 5 (Reuters) - Germany will introduce investment requirements for streaming platforms and TV broadcasters and nearly double government funding for the domestic film industry to boost its appeal as a film-making hub, the culture ministry said on Thursday."This is not a symbol, but a re...Reuters
Thu, Feb 5
Bessent says he will 'absolutely not' support lowering tariffs on Canadian imports to zero
Feb 4 (Reuters) - U.S. Treasury Secretary Scott Bessent on Thursday said he would "absolutely not" support lowering U.S. tariffs on Canadian imports to zero, noting Canada's recent move to lower its tariffs on Chinese electric vehicles to 6%."The U.S. has 100% tariff on Chinese EVs. ...Reuters
Thu, Feb 5
REFILE-Epstein files show Swiss bank CEO de Rothschild kept up years‑long personal contact with financier
De Rothschild 'unequivocally condemns' Epstein's crimes, spokesperson says Banker, financier agreed to meet in New York, ParisEpstein died by suicide in 2019 in a Manhattan jail cell By Ariane Luthi and Tommy Reggiori WilkesZURICH/LONDON, Feb 5 (Reuters) - Ariane de Rothschild, head of t...Reuters
Thu, Feb 5
Taiwan risks becoming numb to China drills, but threat is urgent, defence minister says
Taiwan reports daily Chinese military presence nearbyTaiwan strengthening its defences, readinessProposed $40 billion new defence spending stalled in parliamentChina views Taiwan as its own territoryBy Ben Blanchard TAIPEI, Feb 6 (Reuters) - Taiwanese people are at risk of becoming "numb&...Reuters
Thu, Feb 5
ANALYSIS-Once feted Mandelson becomes nightmare for weakened UK PM Starmer
Once hailed as a wise pick, Mandelson now deepens Starmer's woesLabour lawmakers say it's a question of when not if Starmer goesStarmer's defence fails to quell angerBy Elizabeth Piper, Andrew MacAskill and Alistair Smout LONDON, Feb 5 (Reuters) - Prime Minister Keir Starmer's app...Reuters
Thu, Feb 5
Senators ask US to disclose if FAA administrator sold stake in airline
WASHINGTON, Feb 5 (Reuters) - Three Democratic U.S. senators on Thursday asked the Transportation Department if the head of the Federal Aviation Administration has sold his shares in Republic Airways and whether he will be forced to give up any gains for not selling the stake before a required dives...Reuters
Thu, Feb 5
Olympics-Canada could consider 2038 Games bid should Swiss plans fall through
Swiss bid for 2038 Games could be finalized by 2027Calgary regrets rejecting 2026 bid, may consider future opportunitiesCanada explores dispersed Games model, including facilities in Western Canada and Lake PlacidBy Lori Ewing MILAN, Feb 5 (Reuters) - Canadian Olympic Committee CEO David Shoemake...Reuters
Thu, Feb 5
INSTANT VIEW-Hims and Hers Health's compounded Wegovy pill offering fuels market jitters
Feb 5 (Reuters) - Hims & Hers HIMS.N said it would begin offering compounded versions of Novo Nordisk's NOVOb.CO Wegovy pill at an introductory price of $49 per month.The company said the offering would be guided by clinical recommendations for personalized treatment, mirroring the approach ...Reuters
Thu, Feb 5
Novo Nordisk to take legal action against Hims & Hers for Wegovy compounding
COPENHAGEN, Feb 5 (Reuters) - Novo Nordisk NOVOb.CO said on Thursday it would take legal action against Hims & Hers HIMS.N after the online telehealth company said it will begin offering compounded copies of the Danish drugmaker's Wegovy pill at an introductory price of $49 per month.Reuters
Thu, Feb 5
Treasury's Bessent says he backs Trump's call for cap on credit card interest rates
WASHINGTON, Feb 5 (Reuters) - U.S. Treasury Secretary Scott Bessent on Thursday said he supports President Donald Trump's call for capping credit card interest rates at 10% for one year."I wholeheartedly support President Trump's policy," Bessent told the Senate Banking Committee, wh...Reuters
Thu, Feb 5
Bessent says up to Trump whether Warsh might be sued for monetary policy choices
By Michael S. DerbyFeb 5 (Reuters) - U.S. Treasury Secretary Scott Bessent declined on Thursday to commit the Trump administration to not suing Kevin Warsh, its nominee to be Federal Reserve Chair, if he follows a monetary path opposed by the president.Senator Elizabeth Warren asked Bessent in a Sen...Reuters
Thu, Feb 5
Olympics-Snowboard-Canada's McMorris to miss big air contest after crash
By Lisa Richwine LIVIGNO, Italy, Feb 5 (Reuters) - Canadian snowboarder Mark McMorris, a three-times Olympic bronze medallist, said he would not be able to take part in Thursday's qualifying event for the men's big air competition at the Milano Cortina Games, after hitting his head during...Reuters
Thu, Feb 5
ANALYSIS- Zurich's Beazley bid sets the stage for more insurance deals
Beazley deal will boost Zurich's Lloyd's market presencePotential targets include Hiscox, Lancashire, and Conduit HoldingsJapanese and European insurers eye growth in specialty linesBy Charlie Conchie, Amy-Jo Crowley and Jemima Denham LONDON, Feb 5 (Reuters) - Zurich Insurance's bid ...Reuters
Thu, Feb 5
US cuts contact with Polish parliament speaker over Trump 'insults'
WARSAW, Feb 5 (Reuters) - The U.S. ambassador in Warsaw cut off contact with Poland's parliament speaker on Thursday, accusing him of insulting Donald Trump after he criticised the president's policies and declined to support his Nobel Peace Prize ambitions. Ambassador Tom Rose's furious...Reuters
Thu, Feb 5
Blackstone gets India's central bank nod to buy Federal Bank stake
Feb 5 (Reuters) - The Indian central bank has approved private equity firm Blackstone's acquisition of up to a 9.99% stake in Federal Bank FED.NS, the private lender said on Thursday. The deal, which would make Blackstone the largest shareholder in the bank, adds to the growing list of la...Reuters
Thu, Feb 5
Glencore, Rio abandon merger talks for the third time
Feb 5 (Reuters) - Rio Tinto RIO.AX said on Thursday that it was no longer in talks with Glencore GLEN.L about a takeover that would have created the world's largest mining company, saying it could not reach an agreement that would deliver value to its shareholders.Attempts to combine the compa...Reuters
Thu, Feb 5
Olympics-Alpine skiing-Vonn lifting weights, doing box jumps and squats
Vonn ruptured her ACL in World Cup crash last FridayThursday training cancelled due to heavy snowfallVonn leads World Cup downhill standingsBy Alan Baldwin CORTINA D'AMPEZZO, Italy, Feb 5 (Reuters) - Lindsey Vonn opened a window into her workout regime on Thursday as the 41-year-old U.S. Alpi...Reuters
Thu, Feb 5
Olympics-Skeleton-US bidding for world and Olympic team double
World champion relay team target Olympic goldUS is most successful skeleton nation in the OlympicsHost declines to take questions on Katie UhlaenderBy Mitch PhillipsCORTINA D'AMPEZZO, Italy, Feb 5 (Reuters) - The United States is the most successful skeleton nation in Winter Olympic history but ...Reuters
Thu, Feb 5
Rio Tinto Abandons Merger Talks with Glencore
Feb 5 (Reuters) - Rio Tinto PLC RIO.L:RIO TINTO - NO INTENTION TO BID STATEMENTRIO TINTO - NO INTENTION TO BID STATEMENTRIO TINTO - NO LONGER CONSIDERING MERGER WITH GLENCORERIO TINTO - COULD NOT REACH AGREEMENT DELIVERING SHAREHOLDER VALUERIO TINTO - NO LONGER CONSIDERING MERGER WITH GLENCOREReuters
Thu, Feb 5
