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May 24, 2022

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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.......

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.......

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......

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......

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......

Rouble gains around 4%, heading back towards multi-year highs

Reuters
A Russian rouble banknote is placed on euro banknotes in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – The Russian rouble firmed around 4% against the dollar and euro on Monday, heading back towards multi-year highs......

India’s Mahindra to explore more partnerships for EV parts -CEO

Reuters
Anish Shah, Chief Executive Officer (CEO) of India’s Mahindra Group, poses for a picture after an interview with Reuters ahead of the World Economic Forum (WEF) at the Alpine resort of Davos, Switzerland May 22, 2022. REUTERS/Aditya Kalra Register now for FREE unlimited access to Reuters.com Register DAVOS, Switzerland, May......

UK’s Kingfisher boosted by ‘grow your own’ plant sales

Reuters
General view of a B&Q DIY store, as the spread of the coronavirus disease (COVID-19) continues, in Chiswick, London, Britain, April 23, 2020. REUTERS/John Sibley Register now for FREE unlimited access to Reuters.com Register LONDON, May 23 (Reuters) – British home improvement retailer Kingfisher (KGF.L) reported first quarter sales significantly......

Siemens Energy sees ‘need for action’ in turbine unit takeover plan

Reuters
MADRID, May 23 (Reuters) – Siemens Energy (ENR1n.DE) does not yet see signs of a recovery at wind turbine maker Siemens Gamesa (SGREN.MC), its chief executive said on Monday after launching a bid for minority holdings in the struggling unit. Siemens Energy announced the bid on Saturday after facing pressure......

Australia swears in new Labor PM ahead of Quad meeting

Reuters
Anthony Albanese, leader of Australia’s Labor Party, addresses supporters after incumbent Prime Minister and Liberal Party leader Scott Morrison conceded defeat in the country’s general election, in Sydney, Australia May 21, 2022. REUTERS/Jaimi Joy Register now for FREE unlimited access to Reuters.com Register SYDNEY, May 23 (Reuters) – Australia’s Labor Party leader......

Israeli government and court at odds over Jewish prayer at flashpoint shrine

Reuters
A general view picture shows the Dome of the Rock , the Western Wall and al-Aqsa mosque in Jerusalem’s Old City January 28, 2020. REUTERS/Ammar Awad Register now for FREE unlimited access to Reuters.com Register JERUSALEM, May 22 (Reuters) – Israel reaffirmed on Sunday a long-standing arrangement with Muslim authorities......

EXCLUSIVE General Atlantic plans $2 billion investment in India, Southeast Asia

Reuters
The logo of the upcoming World Economic Forum 2022 (WEF) is pictured on a window at the congress center, in the Alpine resort of Davos, Switzerland May 21, 2022. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register DAVOS, Switzerland, May 22 (Reuters) – Global private equity......

India’s top crypto app CoinSwitch calls for regulatory ‘peace, certainty’

Reuters
Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register DAVOS, Switzerland, May 22 (Reuters) – India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector,......

Australia’s Labor opposition poised to oust ruling conservatives

Reuters
Survey on election day showed Labor narrowly ahead PM Morrison, opposition leader Albanese vote in Sydney “Teal” independents set to win at least a handful of seats Greens projected to add up to three seats to existing one SYDNEY, May 21 (Reuters) – Australia’s opposition Labor Party appeared on track......

U.S. stops controlled burns nationwide after New Mexico disaster

Reuters
Smoke rises from the Calf Creek Hermits Peak fire in this picture taken in Llano, New Mexico, U.S May 18, 2022. Picture taken May 18, 2022. REUTERS/Andrew Hay Register now for FREE unlimited access to Reuters.com Register TAOS, N.M., May 20 (Reuters) – The U.S. Forest Service (USFS) on Friday......

COVID restrictions for migrants at U.S. border cannot end yet, judge rules

Reuters
May 20 (Reuters) – U.S. authorities were blocked by a federal judge on Friday from lifting COVID-19 restrictions that empower agents at the U.S.-Mexico border to turn back migrants without giving them a chance to seek asylum. The nationwide injunction issued by U.S. District Judge Robert Summerhays in Louisiana means......

Biden officials consider inviting Cuban representative to Americas summit -source

Reuters
HAVANA/WASHINGTON, May 20 (Reuters) – Biden administration officials are considering inviting a Cuban representative to the U.S.-hosted Summit of the Americas, a person familiar with the matter said, as Washington scrambled to head off a potentially embarrassing boycott by some regional leaders. Discussion has focused on allowing a Cuban presence......

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