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May 23, 2022

Reuters

Quad leaders vow free and open Indo-Pacific, action on climate

Reuters
TOKYO, May 24 (Reuters) – The four leaders of the “Quad” group of countries vowed on Tuesday to work together for a free and open Indo-Pacific region and to fight climate change, as they met for talks aimed at standing up to an increasingly assertive China. U.S. President Joe Biden,......

At Mariupol cemetery, a grieving mother ponders war’s human toll

Reuters
May 23 (Reuters) – At a cemetery outside Mariupol, a Ukrainian city captured by Russia last week after a destructive three-month siege, a grief-stricken mother sobs inconsolably. Natalya lost her only son, Vladimir Voloshin, on March 26 when shrapnel smashed into his skull and chest in the fight for the......

Asia stocks restrained as U.S. futures retreat

Reuters
Men wearing protective face masks walk under an electronic board showing Japan’s Nikkei share average inside a conference hall, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan January 25, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register Asian stock markets : Nikkei dips as U.S.......

Dividend payouts hit first quarter record, but outlook rocky

Reuters
U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration//File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, May 24 (Reuters) – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5 billion, according to......

Ancient massive ‘Dragon of Death’ flying reptile dug up in Argentina

Reuters
BUENOS AIRES, May 23 (Reuters) – Argentine scientists discovered a new species of a huge flying reptile dubbed “The Dragon of Death” that lived 86 millions of years ago alongside dinosaurs, in a find shedding fresh insight on a predator whose body was as long as a yellow school bus.......

Factbox: FACTBOX Seven races to watch in Georgia, Alabama midterm primaries, Texas run-offs

Reuters
WASHINGTON, May 23 (Reuters) – Voters in Georgia and Alabama will pick candidates for the U.S. Congress and other offices in Tuesday primaries testing former President Donald Trump’s power over his Republican Party ahead of the Nov. 8 midterm elections. Arkansas will also hold nomination contests while Texas will hold......

Zoom raises full-year profit view on strong enterprise demand

Reuters
Small toy figures are seen in front of the Zoom logo in this illustration picture taken March 15, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – Zoom Video Communications Inc (ZM.O) raised its full-year adjusted profit forecast on Monday, betting on......

EXCLUSIVE Sri Lanka picks Lazard, Clifford Chance as advisers for landmark debt restructuring -sources

Reuters
The logo and trading information for Lazard Ltd appear on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register COLOMBO/LONDON, May 23 (Reuters) – Sri Lanka has hired heavyweight......

Greece gets EU’s initial nod to cap power prices -minister

Reuters
Wind turbines operate atop a mountain during sunset near the town of Kalavrita, Greece, August 15, 2019. REUTERS/Alkis Konstantinidis Register now for FREE unlimited access to Reuters.com Register ATHENS, May 23 (Reuters) – Greece said on Monday the European Commission has initially approved its scheme to set a ceiling on......

Euro zone plans fiscal policy shift from supportive to neutral

Reuters
Euro coins plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 23 (Reuters) – Euro zone finance ministers agreed on Monday they would gradually shift their fiscal policies from supportive this year to neutral in 2023,......

EU plans first joint gas buying before winter

Reuters
Gas flames of a cooker are pictured in a private home in Bad Honnef near Bonn, Germany, March 30, 2022. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 23 (Reuters) – The European Union plans to start jointly buying gas before winter, the bloc’s energy......

JPMorgan raises 2022 interest income outlook, shares rally 7%

Reuters
A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – JPMorgan Chase & Co (JPM.N) lifted its forecast for interest income and affirmed its......

Sub-prime lender Amigo given lifeline by UK court

Reuters
LONDON, May 23 (Reuters) – British sub-prime lender Amigo (AMGO.L) has been granted court approval to pay compensation to past customers mis-sold loans and a chance to stay in business and resume lending, the company said on Monday. Amigo has been fighting for its life in the courts for more......

Gaza flour mills ground down by Russian-Ukraine conflict

Reuters
GAZA, May 23 (Reuters) – Three months into the Russian invasion of Ukraine, which has closed off access to lower-priced Black Sea wheat, owners of five mills in the Palestinian Gaza Strip are feeling the heat as they try to replenish stocks. Prices have jumped by around 20%, meaning the......

BlackRock moves to sidelines on developed market equities

Reuters
NEW YORK, May 23 (Reuters) – BlackRock Investment Institute cut its ratings of developed market (DM) equities to “neutral” from “overweight” on Monday, citing the U.S. Federal Reserve’s potentially overzealous efforts to curb inflation and signs of economic slowdown in China. Regarding the Fed’s ramped-up rhetoric “vowing to bring inflation......

Best Buy earnings expected to fan inflation gloom gripping America’s retailers

Reuters
A person enters a Best Buy store in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – Expectations are running low for electronics retailer Best Buy Co Inc’s (BBY.N) quarterly earnings on Tuesday after results from......

Majority shareholders vote in favor of delisting Didi from New York

Reuters
A screen displays trading information for ride-hailing giant Didi Global on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 3, 2021. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – Chinese ride-hailing giant Didi Global will delist......

Column: Hedge funds more bullish on crude as sanctions loom

Reuters
LONDON, May 23 (Reuters) – Investors grew significantly more bullish on petroleum prices last week in response to an increasing likelihood that EU sanctions on Russia’s exports that will intensify global oil shortages. Hedge funds and other money managers purchased the equivalent of 56 million barrels in the six most......

Lukashenko accuses Poland and NATO of plotting to partition Ukraine

Reuters
Belarusian President Alexander Lukashenko attends a meeting with Russian President Vladimir Putin at the Kremlin in Moscow, Russia March 11, 2022. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – Belarusian President Alexander Lukashenko said on Monday that he was concerned about......

AstraZeneca says EU regulator approves COVID shot as booster

Reuters
May 23 (Reuters) – Drugmaker AstraZeneca (AZN.L) said on Monday its COVID-19 vaccine, Vaxzevria, has been approved in the European Union by the bloc’s drugs regulator as a third-dose booster in adults following a committee endorsement last week. The vaccine can now be used as a booster following the two-dose......

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