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PRESS DIGEST- Wall Street Journal - June 9

ReutersJun 9, 2025 7:53 AM

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- L'Oreal OREP.PA said it has signed an agreement to acquire a majority stake in British skincare brand Medik8.

- U.K. semiconductor company Alphawave IP Group AWE.L agreed to a $2.4 billion takeover from U.S. peer Qualcomm QCOM.O after two months of talks.

- Export controls, a major concern for industries worldwide, are moving to the top of the agenda of trade talks between the U.S. and China on Monday.

- WPP's WPP.L Mark Read will step down from his role as chief executive to retire after seven years at the helm.

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