REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 a.m. SGT

Author Logo | Tue, 07 May 2024 22:00:13 GMT

Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT/6 a.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect.

TOP STORIES

GLOBAL

ISRAEL-PALESTINIANS/

RAFAH, Gaza Strip/CAIRO, May 7 – Israeli forces seize Rafah border crossing, choking off vital aid Israeli forces seized the main border crossing between Egypt and southern Gaza on Tuesday, shutting down a vital aid route into the Palestinian enclave that is already on the brink of famine.

EU-CHINA/

With lamb and cheese, Macron tries to charm China’s Xi in the Pyrenees

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TARBES, France, May 7 (Reuters) – Chinese President Xi Jinping left France on Tuesday after a two-day trip during which he offered no majorconcessions on trade or foreign policy, even as President Emmanuel Macron pressed him on market access and Ukraine.

U.S.

USA-TRUMP/NEW YORK

Stormy Daniels offers unflattering testimony about sex with Trump

NEW YORK, May 7 (Reuters) – Porn star Stormy Daniels described her 2006 encounter with Donald Trump in unflattering terms at his criminal trial on Tuesday, testifying she tried not to think about the sex while it took place and feared it would become public.

USA-BIDEN/ANTISEMITISM

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Biden compares Hamas attack to Holocaust in antisemitism warning

WASHINGTON, May 7 (Reuters) – U.S. President Joe Biden warned on Tuesday that the threat of antisemitism is growing in the United States, including on college campuses, as his support for Israel’s assault on Gaza divides Democrats and alienates some young voters.

BUSINESS

USA-TIKTOK/LEGAL

TikTok lawsuit tees up novel court fight over US ban

TikTok’s new lawsuit to block a U.S. law forcing the social media company’s Chinese parent to divest it or be banned could spark a landmark clash over free speech, government power and the balance between open commerce and national security, experts told Reuters.

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WALT DISNEY-RESULTS/

Disney reports shrinking TV business, shares tumble

LOS ANGELES, May 7 (Reuters) – Walt Disney’s surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office, sending its stocktumbling 10%, on track for its deepest one-day drop in 17 months.

LIFESTYLE AND ENTERTAINMENT

CANADA-SHOOTING/DRAKE

Rapper Drake’s Toronto mansion guard wounded in overnight shooting

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OTTAWA, May 7 (Reuters) – A security guard was seriously wounded in a shooting at Canadian rapper Drake’s Toronto mansion early on Tuesday, police said, without confirming whether the five-time Grammy award winner was at home during the incident.

USA-ABORTION/IDAHO

Idaho seeks to revive ‘abortion trafficking’ law in US appeals court

A lawyer for the state of Idaho on Tuesday urged a federal appeals court to revive a 2023 state law making it a crime to help a minor cross state lines for an abortion without her parent’s consent, which a lower court judge had blocked in November.

SPORTS

SOCCER-CHAMPIONS-PSG-DOR/REPORT

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Soccer-Hummels on target as composed Dortmund knock PSG out to reach final

PARIS, May 7 (Reuters) – Borussia Dortmund showed great composure to reach their third Champions League final after Mats Hummels’ second-half goal earned the visitors a 1-0 victory against misfiring Paris St Germain for a deserved 2-0 aggregate win on Tuesday.

MOTOR-F1-REDBULL/

Motor racing-Red Bull have taken 220 staff from Mercedes, says Horner

Red Bull boss Christian Horner has responded to claims staff were increasingly looking to leave his team by saying the Formula One champions have so far taken 220 from rivals Mercedes.

UPCOMING NEWS

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BUSINESS / ECONOMICS

BRF-RESULTS/

Brazil’s BRF releases Q1

BRF SA, one of Brazil’s biggest meat processors, will release quarterly results on Tuesday after markets close. On the following day management will host a call with analysts to discuss BRF’s financial and operational perfornance in the first quarter of the year.

7 May 17:00 ET / 22:00 GMT

ASIA-POPULATION/CHINA-RETIREMENT (PIX)

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INSIGHT-In rapidly ageing China, millions can’t afford to retire

Migrant workers who flocked to China’s cities in recent decades are now reaching retirement age. Unable to depend on meagre rural pensions, many have no choice but to keep working by taking up low-paid, intensive jobs, in what analysts describe as the early stages of a dramatic demographic shift that could tip millions back into poverty.

8 May 21:00 ET / 02:00 GMT

USA-OIL/OFFSHORE

Coverage of the Offshore Technology Conference May 6-9

Ongoing coverage of the Offshore Technology Conference that brings together technologies and energy executives to discuss latest developments in technology to plumb deepwater oil and gas reserves.

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8 May

MONEY-MOTHERSDAY/HOBSON

Mothers, Money and Meaning: Mellody Hobson’s remarkable rise

Talk to Mellody Hobson about her mom, and you begin to understand one of the more extraordinary personal story arcs in American society. You might know Hobson as president and co-CEO of multi-billion-dollar money managers Ariel Investments, or from her longtime TV appearances talking about financial literacy. Or you might know her from corporate boardrooms, serving as a director of banking giant JPMorgan Chase, and as chairwoman of Starbucks. You might even know her as the wife of “Star Wars” creator George Lucas. But what you may not know is how childhood money trauma shaped who she is today.

8 May

FOX CORP-RESULTS/

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Fox corp reports Q3 results

Fox corp is expected to report third-quarter advertising revnue above analysts estimatess on the wake of major political and sports events like U.S. presidentail elections and the summer olympics.

8 May

EU-CHINA/HUNGARY (PIX) (TV)

Chinese President Xi Jinping visits Hungary

Chinese President Xi Jinping will visit Hungary from May 8-10, a country Beijing considers to be an important cooperation partner in promoting the Belt and Road initiative.

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8 May

EU-CHINA/SERBIA (PIX) (TV)

Chinese leader Xi Jinping visits Serbia on NATO bombing anniversary

President Xi visits Serbia, meets Serbian President Aleksandar Vucic to marking the 25th anniversary of the 1999 NATO bombing on the Chinese embassy in Belgrade.

8 May

USA-TRADE/VIETNAM

U.S. Commerce Dept holds hearing on upgrading Vietnam to ‘market economy’ status

U.S. President Joe Biden’s bid to draw Vietnam closer as a key U.S. ally will clash head-on with his desire for union votes on Wednesday as the Commerce Department holds a hearing on whether to designate Vietnam as a ‘market economy,’ a move that would lower anti-dumping duties on Vietnamese imports.

8 May 00:00 ET / 05:00 GMT

HF SINCLAIR-RESULTS/

HF Sinclair First Quarter 2024 Results

Refiner HF Sinclair is expected to report a decline in quarterly profit due to weaker margins.

8 May 01:30 ET / 06:30 GMT

INDONESIA-CENBANK/

Indonesia’s central bank governor speaks about current economy situation

Bank Indonesia governor Perry Warjiyo speaks about current economy situation in a briefing to press. The governor will be accompanied by BI’s head of economic, monetary and policy department and head of monetary management.

8 May 02:00 ET / 07:00 GMT

NEW YORK TIMES-RESULTS/

New York Times reports Q1 results

The New York Times is expected to report a rise in first-quarter revenue, benefiting from higher subscriber additions for its bundle offerings

8 May 02:00 ET / 07:00 GMT

TC ENERGY-DIVESTITURE/GULFMEXICO

TC Energy oil spin-off South Bow faces obstacles in bet on US Gulf

TC Energy’s planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, but the venture faces stiff competition and will carry high debt when it starts up.

8 May 06:00 ET / 11:00 GMT

UBER-RESULTS/

Uber reports

Uber is expected to report a 15% rise in March quarter revenue, helped by higher ride-share demand and growth in its advertising vertical. Investors will closely track progress in growth initiaitves like UberX and Uber One subscriptions.

8 May 06:00 ET / 11:00 GMT

SHOPIFY-RESULTS/

Q1 2024 Shopify Inc Earnings Release

Wall Street expects a 22% surge in quarterly revenue for the Canadian ecommerce giant. Investors and analysts expect guidance for growth this year, which maybe affected a tough economy and still high interest rates.

8 May 07:30 ET / 12:30 GMT

SUNCOR ENERGY-RESULTS/

Suncor Energy reports first quarter results

Canada’s second-largest oil producer Suncor Energy holds a conference call to discuss first quarter results.

8 May 08:30 ET / 13:30 GMT

USA-OIL/OFFSHORE-EXXON (PIX)

Top Exxon executive lays out next phase of Guyana’s energy development

Exxon’s Guyana country manager Alistar Routledge speaks at the Offshore Technology Conference on the company’s next steps in the country and efforts to advance a natural gas business from untapped reserves.

8 May 10:00 ET / 15:00 GMT

USA-TREASURY/AUCTION

Treasury Dept. sells 17-week bills

8 May 10:30 ET / 15:30 GMT

POLITICS / INTERNATIONAL AFFAIRS

SOUTHCHINASEA-PHILIPPINES/ (TV)

Philippine Defense Secretary to speak at maritime forum

Philippine Defense Secretary Gilbert Teodoro is keynote speaker at a maritime forum titled “Turning the Tides in the West Philippines Sea; towards a comprehensive Archipelagic Security”

8 May 20:00 ET / 01:00 GMT

ISRAEL-PALESTINIANS/USA-VIOLATIONS

Biden administration faces deadline to report on Israel weapons use

President Joe Biden’s administration is to report to U.S. lawmakers as soon as Wednesday on whether Israel is violating international humanitarian law or obstructing aid deliveries in Gaza, findings that could fuel concerns over its use of U.S.-supplied weapons against the Palestinian enclave.

8 May

USA-ELECTION/BIDEN (PIX) (TV)

Biden travels to Wisconsin and Illinois

U.S. President Joe Biden travels to Racine, Wis., to speak about the economy and participate in a campaign event and then travels to Chicago for a campaign reception.

8 May

CLIMATE-CHANGE/USA-CHINA

China climate envoy Liu Zhenmin to meet US counterpart John Podesta

China’s climate envoy Liu Zhenmin arrives in Washington for his first face-to-face meeting with his U.S. counterpart John Podesta, with discussions set to include boosting cooperation on the energy transition and abating methane emissions.

8 May

BRITAIN-POLITICS/PMQS (PIX) (TV)

PM takes questions in parliament

British Prime Minister Rishi Sunak takes questions in parliament.

8 May

SAFRICA-COLLAPSE/ (PIX) (TV)

Building collapse in South Africa leaves six dead, dozens trapped

Rescue efforts were underway after six people were killed and dozens remained trapped after a multi-storey building under construction collapsed in the South African city of George, authorities said. Dozens of people were rescued from the site and sent to hospitals.

8 May

USA-GERMANY/DEFENCE (TV)

German Defence Minister Pistorius travels to the U.S. and Canada

German Defence Minister Boris Pistorius makes a statement at the United Nations.

8 May

SAFRICA-ELECTION/PARTIES

FACTBOX-South Africa’s 2024 election : The political parties in contention

Reuters looks at the prominent parties contesting the national and provincial elections in South Africa on May 29, and some smaller parties that could play a pivotal role in the absence of a clear winner.

8 May 01:00 ET / 06:00 GMT

AUSTRIA-POLITICS/

Weekly Austrian cabinet meeting

Ministers hold a news conference after Austria’s weekly cabinet meeting.

8 May 05:15 ET / 10:15 GMT

ARTS / CULTURE / ENTERTAINMENT

MUSIC-EUROVISION/LOREEN (PIX) (TV)

A Minute With: Two-time Eurovision winner Loreen on the song contest, new music

Sweden’s Loreen, the only woman to have won the Eurovision Song Contest twice, speaks to Reuters as this year’s competition takes place in Malmo.

8 May

BRITAIN-ROYALS/HARRY-INVICTUS (PIX) (TV)

Prince Harry in London for Invictus Games anniversary Prince Harry will attend a 10-year anniversary celebration of his Invictus Games at St Paul’s Cathedral.

8 May 09:30 ET / 14:30 GMT

RELIGION

VATICAN-SWISS-GUARDS/ (PIX) (TV)

Meet papal guardians swearing in to protect Bergoglio and Vatican City

20-year-old Swiss citizen Maximilian Fisher fulfilled his dream to become a Swiss Guard, the world’s smallest army, in a ceremony where he vowed to protect Pope Francis’ – and his successors’ – life.

8 May

CRIME / LAW / JUSTICE

ARCHEGOS-TRIAL/ (EXPLAINER)

What are the charges facing Archegos’ founder Bill Hwang and his deputy?

A breakdown of the charges prosecutors are pursuing against Bill Hwang and his former deputy Patrick Halligan for their role in the collapse of the $36 billion Archegos Capital Management fund.

8 May 05:00 ET / 10:00 GMT

ARCHEGOS-FRAUD/

Fraud trial of Archegos’ Bill Hwang over $36 billion firm’s collapse begins

Bill Hwang’s fraud trial over the collapse of his $36 billion Archegos Capital Management LP is expected to begin in Manhattan federal court, Former Archegos Chief Financial Officer Patrick Halligan is also expected to go on trial.

8 May 09:00 ET / 14:00 GMT

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