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Funding cuts leave women's aid organisations 'stretched to brink'
By Olivia Le Poidevin GENEVA, May 13 (Reuters) - Funding cuts have hit aid organisations that help the world's most vulnerable women especially hard, with over half of those surveyed at risk of closure within six months, a report by the United Nations agency for women said on Tuesday.Since U....Reuters
May 13, 2025
Stocks
First Solar rises after Wolfe Research upgrades rating
** Shares of solar panel maker First Solar FSLR.O rise 17% to $182.83 after Wolfe Research upgrades rating to "outperform" ** Brokerage attributes the upgrade to better clarity on 45X credit rules, adding co stands to earn $10 bln or ~$92/share of credits through 2031** 45X tax credits offe...Reuters
May 13, 2025
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Colombia's Nutresa Sells Stake In Starbucks Franchise Operator To Alsea Unit
May 13 (Reuters) - Grupo Nutresa SA NCH.CN late on Monday:NUTRESA SAYS IT SOLD 30% STAKE IN ESTRELLA ANDINA, STARBUCKS FRANCHISE OPERATOR IN COLOMBIA, TO UNIT OF MEXICO'S ALSEANUTRESA DID NOT DETAIL THE DEAL VALUEReuters
May 13, 2025
Stocks
2 Monster Stocks in the Making to Buy Now and Hold for 10 Years
Investing in promising companies before their stock prices soar is an excellent recipe for earning life-changing returns. However, with hundreds of companies vying for investors' attention, separating the wheat from the chaff can be challenging.Recognizing those corporations with long-term market-be...The Motley Fool
May 13, 2025
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RPT-INSIGHT-China's AI-powered humanoid robots aim to transform manufacturing
China's humanoid robots aim to boost economic growth, manufacturing edgeAdvances in AI help to make humanoid robots economically valuableGovernment subsidies, funds support humanoid robot developmentRobots' rise spurs talk of AI unemployment insuranceBy Brenda Goh, Eduardo Baptista, Qiaoyi L...Reuters
May 13, 2025
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DIARY-Political and General News Events from May 13
May 13 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
May 13, 2025
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US trade negotiator says 10% universal tariff will rebuild domestic manufacturing
US says moving quickly in talks with other countriesSectoral tariffs, universal 10% duty to stay in placeUS not trying to encircle China, Greer saysBy Andrea Shalal and Doina ChiacuWASHINGTON, May 13 (Reuters) - U.S. Trade Representative Jamieson Greer said on Tuesday a 10% universal tariff on goods...Reuters
May 13, 2025
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Trump administration terminates another $450 million in grants to Harvard
BOSTON, May 13 (Reuters) - U.S. President Donald Trump's administration said on Tuesday that eight federal agencies will terminate another $450 million in grants to Harvard University, on top of $2.2 billion in federal funding that it canceled last week.Reuters
May 13, 2025
Stocks
Fennec Pharma rises after Q1 sales beat
** Shares of drugmaker Fennec Pharmaceuticals FENC.O rise 3.3% to $6.47** Company reports Q1 sales rose 18% to $8.8 million, compared with analysts' estimates of $8.2 million - data compiled by LSEG** Company posts quarterly net loss of 4 cents per share vs estimated loss of 9 cents per share** ...Reuters
May 13, 2025
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Origin Specialty gets Emerald Bay capacity for quick-service restaurant property program
By Chris MunroMay 1 - (The Insurer) - Origin Specialty Underwriters has launched an exclusive property program targeted at quick-service restaurants, with the offering backed by non-admitted AM Best A-minus rated capacity from Emerald Bay Specialty Insurance Company.The monoline property program off...Reuters
May 13, 2025
Other
China, Brazil agree to defend free trade as leaders meet in Beijing
Xi, Lula pledge to defend free trade, multilateralismChina, Brazil sign 20 deals including on agriculture exportsTwo sides voice support for direct talks between Russia, Ukraine BEIJING/BRASILIA, May 13 (Reuters) - China and Brazil pledged on Tuesday to defend free trade and multilateralism, sign...Reuters
May 13, 2025
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Sweden to propose EU membership of Pacific rim free trade group CPTPP
STOCKHOLM, May 13 (Reuters) - Sweden said on Tuesday it would propose that the European Union join a Pacific rim-based trading group with the aim of forming the world's biggest free trade area to help counter the impact of U.S. President Donald Trump's tariffs.The Comprehensive and Progressi...Reuters
May 13, 2025
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UnitedHealth Says Including Higher Cost Expectations In 2026 Medicare Advantage Bid - Conf Call
May 13 (Reuters) - UnitedHealth Group Inc UNH.N:UNITEDHEALTH EXEC SAYS CO IS INCLUDING HIGHER COST EXPECTATIONS IN ITS 2026 MEDICARE ADVANTAGE BID DUE IN A FEW WEEKS - CONF CALLUNITEDHEALTH EXEC SAYS CO IS SEEING INCREASED DEMAND FOR MEDICAL CARE FROM NEW MEMBERS AND FROM PEOPLE WITH COMPLEX CONDITI...Reuters
May 13, 2025
Stocks
MIDEAST STOCKS-Most Gulf Markets settle higher as investors weigh U.S.-China trade truce
May 13 (Reuters) - Most stock markets in the Gulf settled higher on Tuesday, although gains were limited as investors paused to weigh whether a temporary pause in the U.S.- China trade war would lead to a long-lasting agreement.Brent crude futures rose about 1%, to $65.61 a barrel by 1209 GMT, but g...Reuters
May 13, 2025
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HHS, FDA Issue Request For Information On Deregulatory Plan To Lower Costs & Empower Providers
May 13 (Reuters) - FDA:HHS, FDA ISSUE RFI ON DEREGULATORY PLAN TO LOWER COSTS AND EMPOWER PROVIDERSFDA: HHS & FDA ANNOUNCE LAUNCH OF PUBLIC REQUEST FOR INFORMATION TO IDENTIFY & ELIMINATE OUTDATED OR UNNECESSARY REGULATIONSFDA: UNDER EXECUTIVE ORDER, TOTAL COST OF ALL NEW REGULATIONS IN FISC...Reuters
May 13, 2025
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Carrier to invest $1 billion to boost US production
May 13 (Reuters) - Carrier Global CARR.N on Tuesday announced plans to invest $1 billion over five years in the United States, in response to President Donald Trump's policies encouraging domestic production.Global firms are boosting their investments and presence in the U.S. after Trump's p...Reuters
May 13, 2025
Stocks
Aya Gold & Silver Inc reports results for the quarter ended March 31 - Earnings Summary
Aya Gold & Silver Inc AYA.TO reported quarterly adjusted earnings of 5 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of eight analysts for the quarter was for earnings of 2 cents per shar...Reuters
May 13, 2025
Stocks
Hudson Global Inc reports results for the quarter ended March 31 - Earnings Summary
Hudson Global Inc HSON.OQ reported a quarterly adjusted loss of 59 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -95 cents. The lone analyst forecast for the quarter was for a loss of 16 cents per share. Revenue fell 6% to...Reuters
May 13, 2025
Stocks
Verb Technology Company Inc reports results for the quarter ended March 31 - Earnings Summary
Verb Technology Company Inc VERB.OQ reported a quarterly adjusted loss of $2.51 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-22.00. The lone analyst forecast for the quarter was for a loss of $2.99 per share. Revenue rose 18,...Reuters
May 13, 2025
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