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Taiwan opposition chief arrives for China 'peace' mission, president calls for talks
KMT chairwoman visiting China from April 7-12KMT says it is on a 'peace' missionTaiwan president: we are not a part of the PRCChina views democratically governed Taiwan as its ownBy Andrew Silver and Ben Blanchard SHANGHAI/TAIPEI, April 7 (Reuters) - Taiwan's opposition leader arrived...Reuters
4 minutes ago
Ackman's Pershing Square offers to buy Universal Music for nearly $65 billion
April 7 (Reuters) - Bill Ackman's Pershing Square PSHP.L said on Tuesday it proposed to buy Universal Music Group UMG.AS in a cash-and-stock deal worth about 55.75 billion euros ($64.31 billion).The deal value is based on Reuters calculations.Pershing Square said its offer estimates Universal Mu...Reuters
26 minutes ago
Ackman's Pershing Square Proposes To Buy Universal Music
April 7 (Reuters) - Pershing Square Holdings Ltd PSHP.L:PERSHING SQUARE ANNOUNCES PROPOSAL TO UNIVERSAL MUSIC GROUP N.V.UMG SHAREHOLDERS WILL RECEIVE A TOTAL OF EUR 9.4 BILLION IN CASHTOTAL CONSIDERATION PACKAGE OF CASH AND STOCK ESTIMATED TO BE WORTH EUR 30.40 PER SHAREIN TRANSACTION, UMG WILL MERG...Reuters
30 minutes ago
Cathay Financial Launches Long-Term Strategic Cooperation With OpenAI
TAIPEI, April 7 (Reuters) - Cathay Financial Holding Co Ltd 2882.TW said in a statement on Tuesday,LAUNCHES LONG-TERM STRATEGIC COOPERATION WITH OPENAIOPENAI PARTNERSHIP WILL STRENGTHEN OUR FOUNDATIONS IN AI RESEARCH, CORPORATE GOVERNANCE VIA AGENTIC AI DEPLOYMENTCATHAY FINANCIAL: OPENAI AGREEMENT I...Reuters
40 minutes ago
Swiss poised to issue UBS capital rules that could alter bank's future
Strict capital rules on foreign subsidiaries likely, concessions on other rules expectedSwiss government sees overhaul as vital for financial stabilityParliament could dilute capital rules after draft law submittedInvestors warn strict rules may render UBS uncompetitiveBy Ariane Luthi and Oliver Hir...Reuters
40 minutes ago
FOCUS-Ukraine's attack drone fleet faces a mini jet engine supply crunch
Mini jet engine makers ramp up output to meet drone demandDeep-strike drones crucial to Ukraine in war against RussiaNew entrants join market, but race is on to meet demand By Michael Kahn, Supantha Mukherjee and Tom Balmforth PRAGUE/STOCKHOLM/LONDON, April 7 (Reuters) - Specialist mini jet engin...Reuters
40 minutes ago
PRESS DIGEST -Wall Street Journal - April 7
April 7 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Anthropic is planning to invest $200 million in a new venture with major private-equity firms that aims to sell AI tools to their portfolio...Reuters
44 minutes ago
Japan bonds climb as smooth 30-year auction calms market nerves
By Satoshi Sugiyama TOKYO, April 7 (Reuters) - Japanese government bonds (JGBs) advanced on Tuesday after a smooth 30-year bond auction reassured investors, easing market concerns that demand for the sale might be weak.The 30-year JGB yield JP30YTN=JBTC sank 2 basis points (bps) to 3.735%. Yields...Reuters
45 minutes ago
Pakistan efforts to stop Iran war are reaching 'critical' stage, Iran's Ambassador to Pakistan says
ISLAMABAD, April 7 (Reuters) - Pakistan's "positive and productive" efforts to stop the U.S.-Israeli war with Iran are approaching a "critical, sensitive" stage, Iran's Ambassador to Pakistan Reza Amiri Moghadam said in a post on X on Tuesday.Reuters
52 minutes ago
BW Energy Secures 25‑Year Extension Of Dussafu Licence Offshore Gabon
April 7 (Reuters) - BW Energy Ltd BWE.OL:SECURES 25‑YEAR EXTENSION OF DUSSAFU LICENCE OFFSHORE GABONDUSSAFU MARIN LICENCE PERIOD EXTENDED FROM 2028 TO 2053HOLDS 73.5% WORKING INTEREST IN DUSSAFU MARIN LICENCEFurther company coverage: BWE.OLReuters
an hour ago
PRESS DIGEST- New York Times business news - April 7
April 7 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump said that a cease-fire proposal put forth by mediators between the United States and Iran was a "...Reuters
an hour ago
BREAKINGVIEWS-AI dreams crash into stark $7 trln reality
By Jeffrey Goldfarb NEW YORK, April 7 (Reuters Breakingviews) - Artificial intelligence is squeezing the planet's resources. Serious questions have yet to be answered about whether there's enough labor, copper, water and other basics to build and operate all the data centers now under con...Reuters
2 hours ago
PRESS DIGEST-Financial Times - April 7
April 7 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. HeadlinesTop record labels and start-up Suno hit impasse in talks over AI-generated musicJPMorgan to build Canary Wharf’s tallest tower afte...Reuters
2 hours ago
WRAPUP 1-Iran defiant on eve of Trump's ceasefire deadline
Iran rejects US ceasefire plan, issues demands including lifting sanctions Trump threatens massive strikes on Iranian infrastructure if demands not met by deadlineOil prices surge as Strait of Hormuz remains closed, fueling global inflation concerns DUBAI/WASHINGTON, April 7 (Reuters) - Iran and ...Reuters
2 hours ago
Artemis II moon crew flies farther than humans have ever gone before
Crew reaches record distance of 252,756 miles from EarthAstronauts spent six hours surveying far side of moonArtemis II mission a key step before future moon landingsFour-member team glimpses meteor impact flashesLate Apollo astronaut Jim Lovell leaves message for crewBy Joey Roulette and Steve Gorm...Reuters
3 hours ago
Vice President Vance visits Hungary to boost Orban ahead of pivotal election
Vance to meet Orban, attend rally days before Hungary's electionAnalysts say US backing may not sway voters as domestic issues dominateFar-right leaders in Europe increasingly critical of Trump's foreign policyBy Humeyra Pamuk WASHINGTON, April 7 (Reuters) - U.S. Vice President JD Vance w...Reuters
3 hours ago
Vietnam's top leader To Lam wins state presidency, gets China-style mandate
Parliament elects Communist Party chief To Lam as state presidentLam's power consolidation may increase authoritarianism, boost growth, analysts sayLam is seen as pro-business but his policies raised concerns over favouritism, bubblesBy Khanh Vu, Phuong Nguyen and Francesco Guarascio HANOI, A...Reuters
3 hours ago
China targets Taiwan's chip prowess to evade global 'containment', Taipei government says
Taiwan says China trying to get hold of chip know-howChina involved in deepening tech rivalry with U.S.Taiwan warns on possible Chinese election interference TAIPEI, April 7 (Reuters) - China is targeting Taiwan to obtain its advanced chip manufacturing technology and talent as a way of breaking ...Reuters
3 hours ago
Apple's foldable iPhone faces engineering snags, potential shipment delays, Nikkei Asia reports
April 6 (Reuters) - Apple AAPL.O has been encountering setbacks in the engineering test phase of its first foldable iPhone, which could lead to delays in its mass production and product shipment schedule, Nikkei Asia reported on Monday, citing sources. Here are some details: Engineering development ...Reuters
3 hours ago
