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May 24, 2022

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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......

Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports

Reuters
A worker pushes a wheelbarrow of fresh fruit bunches of oil palm tree during harvest at a palm oil plantation in Kuala Selangor, Selangor, Malaysia April 26, 2022. REUTERS/Hasnoor Hussain Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR, May 22 (Reuters) – Indonesia’s resumption of palm oil......

Wells Fargo sees end-of-year U.S. recession, cuts GDP view

Reuters
A person pushes a shopping cart in a supermarket in Manhattan, New York City, U.S., March 28, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register May 18 (Reuters) – Wells Fargo Investment Institute said on Wednesday it reduced its economic expectations with a mild U.S. recession......

T.J. Maxx parent sees upbeat profit as price hikes counter higher costs

Reuters
A T.J. Maxx store which is owned by TJX Cos Inc in Pasadena, California U.S., May 15, 2017. REUTERS/Mario Anzuoni Register now for FREE unlimited access to Reuters.com Register May 18 (Reuters) – Discount store operator TJX Cos Inc on Wednesday forecast annual profit above Wall Street estimates after posting......

Mosley, ‘feeling lucky,’ sees Magic secure top pick

ESPN
8:36 PM ET Andrew LopezESPN Jamahl Mosley was feeling lucky. Heading into Tuesday night’s NBA draft lottery, the Orlando Magic were going to be represented by president of basketball operations Jeff Weltman on stage. But early Tuesday morning, a switch was made because of a feeling Mosley had. So when......

Watch: Ciara Sees Her SI Swimsuit Cover for First Time on Late Late Show

Sports Illustrated
SI – For more and to sign up click here Zach Koons Grammy–winning singer and songwriter Ciara made her SI Swimsuit Issue cover model debut in the 2022 edition of the magazine released on Monday. You can check out her photoshoot here. Ciara joined reality TV star Kim Kardashian, model and......

Putin sees no threat from NATO expansion, warns against military build-up

Reuters
Putin warns NATO over bolstering Sweden and Finland Says NATO Nordic membership ‘no problem’ Sweden and Finland to seek NATO membership Putin: United States is acting aggressively LONDON, May 16 (Reuters) – President Vladimir Putin said on Monday that there was no threat to Russia if Sweden and Finland joined......

Boris Johnson sees room for a deal on Northern Ireland post-Brexit trade

Reuters
British Prime Minister Boris Johnson speaks during a joint news conference with Sweden’s Prime Minister Magdalena Andersson, in Harpsund, the country retreat of Swedish prime ministers, Sweden, May 11, 2022. Frank Augstein/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, May 15 (Reuters) – British Prime......

McConnell sees Wednesday U.S. Senate vote on $40 billion Ukraine aid bill

Reuters
U.S. Senate Minority Leader Mitch McConnell (R-KY) listens as another Republican senator speaks to reporters following the Senate Republicans weekly policy lunch at the U.S. Capitol in Washington, U.S., May 10, 2022. REUTERS/Elizabeth Frantz Register now for FREE unlimited access to Reuters.com Register May 15 (Reuters) – U.S. Senate Republican......

Exclusive: Maker of Walmart, Amazon store-brand baby formulas sees shortages through rest of 2022

Reuters
NEW YORK, May 13 (Reuters) – Perrigo Company PLC (PRGO.N), which makes store-brand baby formulas for retailers, including Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O), expects shortages and heightened demand to last for the “balance of the year,” Chief Executive Murray Kessler told Reuters in an interview. The Biden administration......

Ukraine Live Updates: Russia Sees Threat as Finland Moves Closer to Joining NATO

New York Times
New York Times – For more and to sign up click here Prime Minister Boris Johnson of Britain has been one of Ukraine’s most emphatic supporters in Europe, so the announcement of new security pacts with Sweden and Finland, both worried about a security threat from Moscow, builds on a......

Bill Gates sees a ‘pretty strong argument’ for a global economic slowdown hitting this year — here’s why

CNBC
CNBC – For more and to sign up click here Add the global economy to Bill Gates’ growing list of concerns these days. On Sunday, the billionaire Microsoft co-founder told CNN’s “Fareed Zakaria GPS” that he believes factors like Russia’s war in Ukraine and the pandemic’s economic fallout create a......

Nintendo announces 10-1 stock split; sees Switch sales falling 9%

Reuters
Different models of the Nintendo Switch are seen on display in a GameStop in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/Files Register now for FREE unlimited access to Reuters.com Register Surprise stock split targets retail investor base Nintendo forecasts 9% fall in Switch sales Sold 23 mln units......

F1 CEO sees ‘great opportunity’ in TV rights talks with ESPN deal due to expire

CNBC
CNBC – For more and to sign up click here Formula 1 is riding a wave of popularity in the U.S., and its CEO is shopping around its success with potential media partners for a more lucrative U.S. media deal. The racing league’s current deal with ESPN expires at the......

Smart sees ‘strong likelihood’ he’ll play Game 3

ESPN
1:37 PM ET Andrew LopezESPN BOSTON — On Thursday afternoon after practice, Boston Celtics coach Ime Udoka took a question about how his team played without Marcus Smart, the NBA’s Defensive Player of the Year, in their Game 2 win over the Milwaukee Bucks. Udoka looked up and noticed Smart’s......

‘We’re not panicking’ — Cramer sees inflation peaking and looks for buys in market carnage

CNBC
CNBC – For more and to sign up click here “We believe that there are bargains are being created by this panic,” Jim Cramer said during the CNBC Investing Club’s “Monthly Meeting.” Source – Click here for more To Return to the Main Aggregate News Page – click here...

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