Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation
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Russian court seizes assets worth €700mn from UniCredit, Deutsche Bank and Commerzbank
Move against western lenders follows dispute with a subsidiary of GazpromFinancial Times - Business - Russia -
Russian court seizes assets worth over $700 mln from UniCredit, Deutsche Bank and Commerzbank
A St Petersburg court has seized over €700 mln ($773 mln) worth of assets belonging to three western banks — UniCredit, Deutsche Bank and Commerzbank — according to court documents.MarketWatch - Business - Russia -
Free Speech Becomes a New Battleground in Abortion Litigation
The First Amendment looms large in lower court cases that may find their way to the Supreme Court.The New York Times - Top stories - Abortion -
Parts of Alabama and Mississippi brace for more heavy rain
Parts of Alabama and Mississippi are bracing for another round of heavy rains and significant flash flooding. The Weather Channel meteorologist Mike Bettes has details.CBS News - Top stories -
Islamic Jihad leader killed in West Bank and 70 targets hit in Gaza, says Israel
IDF says ‘senior terrorist operative’ Islam Khamayseh was killed in strike on the city of Jenin. Israel says its jets have struck 70 targets across Gaza in the past 24 hours, while an airstrike in Jenin killed a “significant” Islamic Jihad figure ...The Guardian - World - Israel -
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Shell urged to clarify climate targets as it braces for shareholder rebellion
NBIM, one of oil group’s largest investors, calls for ‘additional disclosures’ about green commitments ahead of AGM. Norway’s state investment fund has urged Shell to clarify its climate targets as the oil group braces for its biggest ever green ...The Guardian - World - Climate -
AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
Bruins' Brad Marchand could return to lineup for Game 6, comments on controversial hit from Sam Bennett
Marchand has missed the last two games after being hit by Panthers forward Sam Bennett in Game 3CBS Sports - Sports -
Preakness Stakes 2024 predictions, picks, time, horses, odds: Best bets from expert who hit last year's winner
Gene Menez, who called National Treasure to win last year's Run for the Back-Eyed Susans, has made his picks and bets for the 149th Preakness Stakes on Saturday at Pimlico Race CourseCBS Sports - Sports -
‘Realities of apartheid’: South African artist wins Deutsche Börse photography prize
Lebohang Kganye blends oral traditions, family photos and theatre in a ‘new and fresh way’ to trace personal history of apartheid era. The South African artist Lebohang Kganye has won the prestigious Deutsche Börse Photography Foundation prize for ...The Guardian - World -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
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What a Spanish bank mega-deal means for TSB
After BBVA’s bid, Sabadell is under pressure to prove it makes sense for a Spain-focused bank to own the midsize UK lenderFinancial Times - Business -
Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Suit: Bad Bunny's agency hit with 'death penalty'
Rimas Sports, the agency founded by recording artist Bad Bunny, is accusing the Major League Baseball Players Association of "placing a death penalty" on the agency, according to a federal lawsuit the company filed Thursday.ESPN - Sports -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Bomb survivor thought she was hit by lightning
On the 50th anniversary, BBC News NI speaks to those affected by 1974 bombs which killed 33 people.BBC News - Top stories -
France Rushes Reinforcements to Riot-Hit New Caledonia
Unrest in the overseas territory could derail President Emmanuel Macron’s efforts to restore French influence in the Indo-Pacific region.The Wall Street Journal - World -
Armed robbers hit luxury jewelry store in Paris
French police are hunting for armed robbers who hit a jewelry store on one of Paris' poshest streets.CBS News - Top stories -
M&S website and app hit by technical issue
Customers were unable to shop online for around five hours but services are now working again.BBC News - Top stories -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Arab League Calls for U.N. Peacekeepers in Gaza and the West Bank
Any use of U.N. forces would have to be approved by the Security Council. “There first has to be peace to keep," said a U.N. spokesman.The New York Times - World