prologu5 – Page 38860 – Prologue Journal

Swiss Listings Have Been a Drag on Chinese Stocks

Wall Street Journal An expanded stock link between exchanges in China and Europe has helped companies raise money, but trading is anemic and prices have plummeted. https://www.wsj.com/articles/swiss-listings-have-been-a-drag-on-chinese-stocks-3ede52bf

Baker Hughes CFO Aims to Boost Dividends, Be More Judicious With Buybacks

Wall Street Journal Six months into the role, Nancy Buese is leading a pivot in how the oil-field services company returns cash to shareholders. https://www.wsj.com/articles/baker-hughes-cfo-aims-to-boost-dividends-be-more-judicious-with-buybacks-8bfc8013

OPEC+ countries 2.5 mb/d behind output plan in April — IEA

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Production by members of the alliance fell by 400,000 barrels per day compared with March to 37.6 mln barrels per day, the report says https://tass.com/economy/1618075

Russia’s FSB Sent Ex-Islamic State Fighters to Infiltrate Ukraine, Turkey, U.S. – Meduza

Moscow Times Recruited fighters described assignments to gather information on the Ukrainian military and volunteer battalions. https://www.themoscowtimes.com/2023/05/16/russias-fsb-sent-ex-islamic-state-fighters-to-infiltrate-ukraine-turkey-us-meduza-a81152

Top Cambodian opposition party challenging Hun Sen’s rule denied registration for July elections

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The Candlelight Party said it will file an official complaint asking the Constitutional Council to judge the election commission’s ruling. https://www.scmp.com/news/asia/southeast-asia/article/3220742/top-cambodian-opposition-party-challenging-hun-sens-rule-denied-registration-july-elections?utm_source=rss_feed

Death toll in Sudan clashes rises to 822, doctors say

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The committee reported on May 2 that the clashes had killed 447 people and left over 2,200 wounded https://tass.com/world/1618073

Telecom giant Vodafone to cut 10 percent of global workforce

Washington Post Global cellphone provider Vodafone said it would cut 11,000 jobs after new CEO Margherita Della Valle said financial results had “not been good enough.” https://www.washingtonpost.com/business/2023/05/16/vodafone-job-cuts/

Russia to find way to respond to deployment of US troops in Finland — senior diplomat

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. According to Sergey Ryabkov, it won’t be possible to intimidate Moscow “by taking various steps” https://tass.com/politics/1618067

Ukrainian Culture Minister said he contacted EBU about Zelenskyy giving a speech at Eurovision

Pravda Ukraine The Minister of Culture and Information Policy of Ukraine, Oleksandr Tkachenko, said that he applied to the European Broadcasting Union (EBU) about President Volodymyr Zelenskyy giving an online speech at Eurovision 2023, but he was refused. https://www.pravda.com.ua/eng/news/2023/05/16/7402422/

Futu, Tiger to Remove China Trading Apps

Wall Street Journal The online brokerages earlier agreed to stop accepting new customers from mainland China. https://www.wsj.com/articles/futu-tiger-to-remove-china-trading-apps-as-regulatory-pressure-mounts-a2f99f61