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Kretinsky weighs changes to Atos bid to win over creditors, source says May 21, 2024 10:42AM

By Mathieu Rosemain

PARIS (Reuters) - Czech billionaire Daniel Kretinsky is looking at options to try to persuade creditors to side with him in the battle for Atos, a source close to the matter said, as the distressed IT firm seeks a debt restructuring plan by May 31.

One option being considered would be to allow creditors to own shares in Atos' legacy IT infrastructure management services business, the source said. The move would give... (continue reading...)


Yellen sees 'possibility' of $50 billion Ukraine loan from seized Russian assets - Sky News May 21, 2024 10:39AM

LONDON (Reuters) - U.S. Treasury Secretary Janet Yellen said there was a possibility Group of Seven nations would support Ukraine by as much as $50 billion using loans linked to seized Russian assets, Sky News reported on Tuesday.

"I believe it's important for the G7 to work together to show a united front and to show that we can generate meaningful resources to support Ukraine over the next several years," she told Sky News.

"While... (continue reading...)


After backlash, Trump pulls social media post with reference to 'unified Reich' May 21, 2024 10:28AM

By Nathan Layne

(Reuters) - Donald Trump has taken down a video posted to his Truth Social account that included reference to a "unified Reich" after President Joe Biden's campaign and others criticized the use of language often associated with the Nazi regime.

The 30-second video, which was posted on Monday afternoon, was no longer available on the website by early morning on Tuesday. A person familiar with the matter confirmed the post... (continue reading...)


Trump's defense rests case in hush money trial without calling Trump as witness May 21, 2024 10:19AM

NEW YORK - Donald Trump's defense lawyers on Tuesday rested their case at his criminal trial on charges stemming from hush money paid to a porn star without calling the former U.S. president as a witness. 

Taking the stand would have given Trump, the Republican candidate for the Nov. 5 U.S. presidential election, the chance to defend himself against the 34 criminal counts he faces for allegedly falsifying business records. 

Prosecutors... (continue reading...)


State officials call on top funds to vote against two Exxon directors May 21, 2024 10:15AM

BOSTON (Reuters) - A group of state financial officers and other public and labor leaders on Tuesday called for major asset managers to vote against top Exxon directors, citing the company's lawsuit against climate activists.

The group including California Treasurer Fiona Ma and New York City Comptroller Brad Lander called for votes against Exxon CEO Darren Woods and the company's lead independent director Joseph Hooley, saying in a statement Exxon's... (continue reading...)


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