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Yemen's Houthis will target all ships heading to Israel, group says May 16, 2024 10:39AM

DUBAI (Reuters) - All ships heading to Israeli ports will be targeted by Yemen's Iran-backed Houthis and not just in the Red Sea region, the group's leaded Abdulmalik al-Houthi said in a televised speech on Thursday.

The group has threatened to extend their attacks on ships heading to Israeli ports to the Mediterranean Sea, in what they say is a campaign of solidarity with Palestinians during Israel's war with Hamas in Gaza.

Al-Houthi... (continue reading...)


Dow briefly sprints past 40,000-mark on earnings boost, rate-cut bets May 16, 2024 10:36AM

(Reuters) - The Dow Jones Industrial Average briefly breached the 40,000-point level for the first time on Thursday, the blue-chip index's fastest 10,000-point climb, powered by strong quarterly results and rising bets of interest-rate cuts by the Federal Reserve.

The index surpassed its previous record high of 39,935.04, hit on Wednesday, and has recovered nearly 40% from its October 2022 lows. At 10:33 a.m. ET, the Dow was up 0.2% at 39,984.95.

... (continue reading...)
Goldman Sachs strikes deal to manage $43.4 billion UPS pension fund assets May 16, 2024 10:35AM

(Reuters) -Goldman Sachs Asset Management has been appointed the outsourced chief investment officer for $43.4 billion North American pension fund assets belonging to parcel delivery firm UPS.

As part of this appointment, the UPS in-house investment management team is expected to join Goldman Sachs’ Atlanta office and will continue to provide investment management services to the pension plans.

Goldman Sachs will provide investment... (continue reading...)


US targets illegal arms transfers between Russia, North Korea, Treasury says May 16, 2024 10:35AM

WASHINGTON (Reuters) - The United States imposed sanctions on Thursday on two Russian individuals and three Russian companies for facilitating arms transfers between Russia and North Korea, including ballistic missiles for use in Ukraine, the Treasury Department said on Thursday.

It is the latest round of sanctions imposed by the Treasury and State departments to disrupt and expose arms transfers between the two countries, it said, including the... (continue reading...)


Polish PM Tusk says he received threats after assassination attempt on Slovakia's PM May 16, 2024 10:21AM

WARSAW (Reuters) - Polish Prime Minister Donald Tusk said on Thursday he received threats after the assassination attempt on his Slovakian counterpart, with a media outlet reporting his security protection would be strengthened.

Slovakia's Prime Minister Robert Fico was shot five times at close range on Wednesday, spurring international condemnation and calls for a calming of political tensions.

"There was a lot of it yesterday," Tusk... (continue reading...)


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