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Morning Bid: Peace talks stutter

A look at the day ahead in European and global markets from Ankur Banerjee Markets are stuck in a loop of hope and despair as talks to end the war in the Middle East remain deadlocked, with the latest ...
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Vanguard targets doubling European assets to $1 trillion by 2030

By Iain Withers LONDON, May 12 (Reuters) - Vanguard will expand its product range for everyday investors in Europe, aiming to roughly double its regional assets to $1 trillion within five years and become Britain's biggest retail investment platform, its ...
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Factbox-A Trump-Xi deal could revive US energy exports to China

By Sam Li and Lewis Jackson BEIJING, May 12 (Reuters) - U.S. President Donald Trump will arrive in Beijing this week for a summit with President Xi Jinping on May 14 to 15, where U.S. officials say a deal for ...
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Democrats ask the Supreme Court to halt a Virginia ruling blocking new congressional districts

WASHINGTON (AP) - Democrats on Monday filed an emergency appeal with the U.S. Supreme Court seeking to halt a Virginia ruling invalidating a ballot measure that would have given their party an additional four winnable U.S. House seats. The move ...
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Roche gets second European approval for Alzheimer’s test

ZURICH, May 12 (Reuters) - Swiss drugmaker Roche has received the CE mark - a European regulatory clearance allowing sale in the region - for its second Elecsys blood test for Alzheimer's disease, it said on Tuesday. The test ...
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China’s Hengrui, Bristol Myers Squibb sign collaboration, licensing deals

May 12 (Reuters) - Jiangsu Hengrui Pharmaceuticals, China's biggest drugmaker by market value, on Tuesday said it struck global collaboration and licensing deals with U.S. drugmaker Bristol Myers Squibb that include potential milestone payments of up to $15.2 billion. Hengrui ...
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Norway faces dilemma on openness in wealth fund ethical divestments, finance minister says

By Gwladys Fouche OSLO, May 12 (Reuters) - When Norway's $2.2 trillion wealth fund - the world's largest - sells a company's shares over ethical concerns, should it explain why? This seemingly simple question has become a dilemma for its ...
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Siemens Energy accelerates share buyback after Q2 cash flow jumps

FRANKFURT, May 12 (Reuters) - Siemens Energy will accelerate its standing share buyback programme after posting a 42% increase in pre-tax free cash flow, the company said on Tuesday, benefitting from demand for data centres to power artificial intelligence ...
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US Supreme Court clears way for Alabama Republicans to pursue new voting map

By John Kruzel WASHINGTON, May 11 (Reuters) - The U.S. Supreme Court cleared the way on Monday for Alabama Republicans to pursue a congressional voting map more favorable to their party ahead of November's midterm elections, the latest fallout from ...
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Trump administration asks US court to pause ruling against tariffs

By Dietrich Knauth NEW YORK, May 11 (Reuters) - President Donald Trump's administration on Monday asked a U.S. court to pause its ruling against the administration's 10% global tariff while the federal government pursues an appeal. • The U.S. trade court ...
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EU reaches provisional deal to address shortage of essential medicines

May 12 (Reuters) - The European Parliament on Tuesday said it had reached a provisional deal to strengthen the bloc's supply of essential medicines by increasing production within Europe and reducing dependency on non-EU countries. The measures under the agreed ...
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Bayer Q1 operating profit jumps 9% on boost from soy business

By Ludwig Burger FRANKFURT, May 12 (Reuters) - Bayer on Tuesday reported a 9% increase in quarterly operating profit that was well above market expectations, after an agreement with its main U.S. crop protection rival eased access to the soy ...
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