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With a hiatus in the trade war, it is back to the grind May 13, 2025 12:33AM

A look at the day ahead in European and global markets from Rocky Swift 

With markets given another reprieve from a global trade war, attention refocuses on more quotidian cues, like economic data and corporate earnings.

Six weeks into the turmoil spurred by U.S. President Donald Trump's "Liberation Day" tariffs, the recurring lessons seem to be: wait for the details and buy the dip.

The China and U.S. rapprochement, resulting... (continue reading...)


Spain investigates cyber weaknesses at small power plants after blackout, FT reports May 13, 2025 12:16AM

(Reuters) -Spain is demanding information from small electricity generators on their cyber defences as investigators probing last month’s blackout seek to determine whether they were a weak link exploited by bad actors to bring down the country’s power grid, the Financial Times reported on Tuesday.

Senior government officials have “concerns” about the robustness of cyber defences at small and medium-sized power facilities, notably solar and wind farms, the... (continue reading...)


French movie star Depardieu faces judgment day in sexual assault trial May 13, 2025 12:06AM

By Juliette Jabkhiro

PARIS (Reuters) - A court in Paris is due to hand down its verdict in the sexual assault trial of French actor Gerard Depardieu on Tuesday, in one of the highest-profile #MeToo cases to come before judges in France.

Depardieu is accused of sexually assaulting two women on a film set in 2021. A towering figure of French cinema, Depardieu repeatedly denied any wrongdoing during the trial and his lawyer pleaded for... (continue reading...)


Trump starts Gulf visit seeking big economic deals May 13, 2025 12:04AM

By Gram Slattery and Pesha Magid

RIYADH - U.S. President Donald Trump will arrive in Saudi Arabia on Tuesday morning to kick off a four-day swing through the Gulf region, a trip that will focus more on economic deals than on the security crises besetting the region, from the war in Gaza to the threat of escalation over Iran's nuclear program.

With a who's who of powerful American business leaders in tow, including Tesla CEO and Trump... (continue reading...)


Analysis-Australia's pension funds start questioning US strategies May 12, 2025 11:51PM

By Tom Westbrook and Stella Qiu

SINGAPORE/SYDNEY (Reuters) -Funds in Australia's A$4.2 trillion ($2.7 trillion) pension sector are rethinking some of their long-held strategies of buying U.S. assets and the dollar, as confidence in American growth wanes.

Volatility around Sino-U.S. trade tensions this year has forced investors to reassess their U.S. exposure and the role of the dollar, which has lately failed to behave as a safe haven... (continue reading...)


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