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China push on company dividends should attract investment, regulator says

UPDATE 1-China push on company dividends should attract investment, regulator says Adds comments of Shenzhen exchange official, regulator; paragraphs 5-6, 7-11 By Huw Jones LONDON, May 23 (Reuters) - Government policies to encourage companies to pay more dividends should make China's stock market more attractive for overseas investors, a senior Chinese regulator said on Thursday.

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Middle East Crude-Oman, Dubai hold steady amid thin trade

Middle East Crude-Oman, Dubai hold steady amid thin trade SINGAPORE, May 23 (Reuters) - Middle East crude benchmarks Oman and Dubai remained unchanged on Thursday, while spot trade was thin as most refiners have completed their July-loading crude purchases. Dubai has set its official crude differential for August at parity to DME Oman futures, the Dubai Department of Petroleum Affairs said on Thursday.
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Prices rise on supply concerns, wind forecasts

EUROPE GAS-Prices rise on supply concerns, wind forecasts LONDON, May 23 - British and Dutch wholesale gas prices rose on Thursday morning due to concerns around supply and a drop in wind power output from tomorrow. In the British market, the f ront-month contract TRGBNBPMc1> was 3.90 pence h igher at 86.70 p/therm by 0945 GMT, while the July price TRGBNBPMN4 rose by 5.41 pence to 84.40 pence/therm, LSEG data showed.
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Many reasons to remain bullish the U.S. dollar

BUZZ-COMMENT-Many reasons to remain bullish the U.S. dollar May 23 (Reuters) - Are a peak in US growth optimism and hawkish Fed pricing sufficient reasons to turn bearish on the USD? Deutsche Bank are not convinced and remain bullish on the dollar in a recently published note. 1. Still little policy divergence priced. Deutsche note that six of the Group of 10 central banks are all priced to cut a near-identical 130-140bps to the Fed through end-2025. With U.S.
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The tight fiscal backdrop overshadowing the UK election

LIVE MARKETS-The tight fiscal backdrop overshadowing the UK election STOXX 600 up 0.3% Nvidia lifts tech UK utilities hit Nasdaq futures rise Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com THE TIGHT FISCAL BACKDROP OVERSHADOWING THE UK ELECTION The sky may be grey over London this Thursday, but some clouds of doubt have parted over UK markets now that the date of the general ele
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e.l.f. Beauty rises on Q4 results beat

BUZZ-e.l.f. Beauty rises on Q4 results beat ** Shares in cosmetics and skin care products maker e.l.f. Beauty ELF.N rise 2.6% to $159.68 premarket ** Q4 net sales increased 71% y-o-y to $321.1 mln; above Wall Street view of $292.6 mln - LSEG data ** Quartery adj. EPS of $0.53 beat the average analyst estimate of $0.32 ** Sales growth driven by stre

Nokia, Orange, Strength Collaboration With API Agreement

BRIEF-Nokia, Orange, Strength Collaboration With API Agreement May 23 (Reuters) - Nokia Oyj NOKIA.HE : ORANGE, NOKIA STRENGTHEN COLLABORATION WITH API AGREEMENT TO ACCELERATE 5G APPLICATION DEVELOPMENT IN EUROPE Further company coverage: NOKIA.HE (Gdansk Newsroom)
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Nvidia aces Fed, tense Taiwan and UK poll

MORNING BID AMERICAS-Nvidia aces Fed, tense Taiwan and UK poll A look at the day ahead in U.S. and global markets from Mike Dolan Yet another quarterly earnings beat from AI-chip behemoth Nvidia NVDA.O catapulted Wall St stock futures higher again on Thursday - batting away hawkish Federal Reserve meeting minutes, military tension around Taiwan and news of a July UK election .
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Russia set to raise corporate profit tax but abolish exchange-rate export duties

Russia set to raise corporate profit tax but abolish exchange-rate export duties By Darya Korsunskaya May 23 (Reuters) - Russian authorities are ready to discuss abolishing export duties based on the exchange rate in return for a "fair" increase in corporate profit tax rates, Finance Minister Anton Siluanov said on Thursday. President Vladimir Putin proposed higher taxes for companies and wealthy individuals shortly before securing another six-year term in power in March, in an election widely c
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China push on company dividends should attract investment, regulator says

UPDATE 1-China push on company dividends should attract investment, regulator says Adds comments of Shenzhen exchange official, regulator; paragraphs 5-6, 7-11 By Huw Jones LONDON, May 23 (Reuters) - Government policies to encourage companies to pay more dividends should make China's stock market more attractive for overseas investors, a senior Chinese regulator said on Thursday.

How can Milei unlock Argentina's copper riches? Fix the economy

ANALYSIS-How can Milei unlock Argentina's copper riches? Fix the economy By Lucila Sigal BUENOS AIRES, May 23 (Reuters) - Argentina has big ambitions for the untapped copper riches in its Andean north. It wants to be a top 10 global producer and has attracted investors such as Glencore GLEN.L , Lundin Mining LUN.TO and First Quantum Minerals FM.TO . But unlocking its potential won't be easy.
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Scarlett Johansson's OpenAI feud rekindles Hollywood fear of artificial intelligence

FOCUS-Scarlett Johansson's OpenAI feud rekindles Hollywood fear of artificial intelligence By Dawn Chmielewski and Anna Tong May 23 (Reuters) - OpenAI's apparent homage to the movie "Her" featuring the voice likeness of Scarlett Johansson is fueling a backlash against artificial intelligence across Hollywood, executives told Reuters. Johansson's accusation that the ChatGPT-maker copied her performance in the Spike Jonze-directed feature film, after failing to strike an agreement, rekindled the c
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Column: In sleep apnea device litigation, who's getting the $1.1 billion settlement?

Column: In sleep apnea device litigation, who's getting the $1.1 billion settlement? The opinions expressed here are those of the author, a columnist for Reuters. By Jenna Greene May 23 (Reuters) - When Philips Respironics in 2021 recalled millions of devices for treating sleep apnea, the company warned users of potential ill effects including kidney and liver damage in connection with foam used in the machines.
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Trump hush money trial to shape prosecutor Alvin Bragg's legacy

NEWSMAKER-Trump hush money trial to shape prosecutor Alvin Bragg's legacy By Luc Cohen NEW YORK, May 23 (Reuters) - Alvin Bragg says he decided to become a lawyer after guns were pulled on him six times while growing up in New York - three of those times by police. A quarter-century after graduating from Harvard Law School, the Manhattan district attorney's legacy is set to be defined by the looming verdict in one of the most consequential cases in American history: the criminal trial of former

Kia shrugs off slowing EV demand to launch compact electric SUV

Kia shrugs off slowing EV demand to launch compact electric SUV By Heekyong Yang SEOUL, May 23 (Reuters) - Kia Corp 000270.KS launched on Thursday the company's first compact electric sports utility vehicle built on its dedicated EV platform, betting it can win over buyers through competitive pricing even as momentum in the global EV market stalls.
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Wall Street braces for faster trade settlement

PREVIEW-Wall Street braces for faster trade settlement By Laura Matthews and Carolina Mandl NEW YORK, May 23 (Reuters) - U.S. trading moves to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest markets, but is expected to temporarily increase transaction failure for investors. To comply with a rule change the U.S.
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Federal Reserve Events

DIARY-Federal Reserve Events ***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2024 June 11-12 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT) July 30-31 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT) September 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT) November 6

Many US dairy workers yet to receive protective gear for bird flu

FOCUS-Many US dairy workers yet to receive protective gear for bird flu By Tom Polansek and Heather Schlitz CHICAGO, May 23 (Reuters) - Many U.S. dairy farms have not yet increased health protections against bird flu for employees during an outbreak in cows, according to workers, activists and farmers, worrying health experts about the risk for more human infections of a virus with pandemic potential.

IN CASE YOU MISSED IT–Schedule of Reuters features from this week

IN CASE YOU MISSED IT–Schedule of Reuters features from this week May 23 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world. Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of news and events, please go to our editorial calendar on Reuters Connect .
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Google acquiring HubSpot would bolster bid to challenge Microsoft

ANALYSIS-Google acquiring HubSpot would bolster bid to challenge Microsoft By Milana Vinn May 23 (Reuters) - Google parent Alphabet's GOOGL.O potential acquisition of HubSpot HUBS.N , a U.S. marketing software maker with a market value of $31 billion, would boost its ability to compete against Microsoft MSFT.O in offering cloud-based applications to companies.
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Nvidia shares rise as blowout revenue forecast cements AI lead

UPDATE 1-Nvidia shares rise as blowout revenue forecast cements AI lead Updates throughout May 23 (Reuters) - Shares of Nvidia NVDA.O rose on Thursday after the chipmaker forecast an upbeat second-quarter revenue and announced a stock split that floored investors and once again showcased its dominance in the AI-related chips market. The company's stock rose 6.5% in premarket trading, with rival AI-related chipmakers Advanced Micro Devices AMD.O , Broadcom AVGO.O and Micron Technology MU.O also g
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