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Beijing E-Town Semiconductor sues US's Applied Materials over trade secrets infringement
BEIJING, Aug 13 (Reuters) - Beijing E-Town Semiconductor Technologies 688729.SS, a semiconductor equipment firm backed by Beijing's government, on Wednesday said it has sued U.S. chip equipment supplier Applied Materials AMAT.O over alleged trade secrets infringement.Applied Materials had illega...Reuters
Wed, Aug 13
Turkey, Syria sign defence cooperation MoU after Ankara talks
ANKARA, Aug 13 (Reuters) - The defence ministers of Turkey and Syria signed a memorandum of understanding on military training and consultancy after talks in Ankara on Wednesday, Turkey's defence ministry said.The neighbours had been negotiating a comprehensive military cooperation agreement for...Reuters
Wed, Aug 13
LZ Technology Holdings Limited Announces Lock-Up Extension By Principal Shareholders
Aug 13 (Reuters) - LZ Technology Holdings Ltd LZMH.O:LZ TECHNOLOGY HOLDINGS LIMITED ANNOUNCES LOCK-UP EXTENSION BY PRINCIPAL SHAREHOLDERSLZ TECHNOLOGY HOLDINGS LTD - PRINCIPAL SHAREHOLDERS INCLUDE LZ DIGITAL, BJ TOJOY, VANSHIONLZ TECHNOLOGY HOLDINGS LTD - EXTENDS LOCK-UP RESTRICTIONS UNTIL AUGUST 20...Reuters
Wed, Aug 13
Israeli IT firm Magic Software's Q2 revenue growth beats estimates on US client strength
OverviewMagic Software Q2 2025 rev grows 11.3% yr/yr, beating analyst expectationsAdjusted EPS for Q2 2025 beats consensus, reflecting operational strengthCo revises full-year 2025 revenue guidance upwards, indicating confidence in growthOutlookMagic revises full-year 2025 revenue guidance to $600 m...Reuters
Wed, Aug 13
Israel pounds Gaza City, 123 dead in last 24 hours
Israeli fire kills 123 in last day, Gaza health ministry saysHamas holds more ceasefire negotiations in EgyptNetanyahu says Gazans should leave of their own willIsrael preparing offensive to take over Gaza City Hamas rival, Palestinian Authority, says ready to ruleBy Nidal al-Mughrabi and Emily Rose...Reuters
Wed, Aug 13
BREAKINGVIEWS-KKR’s UK healthcare loss is a nuanced home win
By Yawen ChenLONDON, Aug 13 (Reuters Breakingviews) - London’s beaten-down stock market can occasionally resist foreign predators. Just ask KKR KKR.N, whose 1.7-billion-pound ($2.3 billion) cash bid for British healthcare landlord Assura AGRP.L has lost out to domestic peer Primary Health Properties...Reuters
Wed, Aug 13
Sbc Medical Group Holdings Announces Second Quarter 2025 Financial Results
Aug 13 (Reuters) - SBC Medical Group Holdings Inc SBC.O:SBC MEDICAL GROUP HOLDINGS ANNOUNCES SECOND QUARTER 2025 FINANCIAL RESULTSSBC MEDICAL GROUP HOLDINGS INC - REPORTS $43 MILLION REVENUE FOR Q2SBC MEDICAL GROUP HOLDINGS INC - Q2 EPS $0.02, DOWN FROM $0.20 IN Q2 2024Reuters
Wed, Aug 13
Shipping company Euroseas' Q2 revenue falls 2.5% on lower rates, but beats estimates
OverviewEuroseas Q2 2025 net revenue falls 2.5% to $57.2 mlnAdjusted EBITDA for Q2 2025 was $39.3 mln, down from $42.3 mln in Q2 2024Co repurchased 463,074 shares for $10.5 mln under $20 mln buyback planOutlookEuroseas expects continued profitability with 90% charter coverage next 12 monthsCompany a...Reuters
Wed, Aug 13
US Treasury chief says other sectors could see chips deal model
WASHINGTON, Aug 13 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday said an unprecedented deal to give the U.S. government 15% of revenue from sales of some advanced semiconductor chips in China could move to other sectors, and rejected national security concerns."I think we could ...Reuters
Wed, Aug 13
Trump considering 11 candidates for Fed chair, CNBC reports
Aug 13 (Reuters) - The Trump administration is considering 11 candidates to replace U.S. Federal Reserve Chairman Jerome Powell when his term expires in May 2026, CNBC reported on Wednesday citing two administration officials.Reuters
Wed, Aug 13
DIARY-Political and General News Events from August 13
Aug 13 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Wed, Aug 13
Uruguay's lower house of parliament votes in favor of euthanasia
By Lucinda Elliott MONTEVIDEO, Aug 13 (Reuters) - Uruguay's lower house of parliament voted on Wednesday to legalize euthanasia, emulating Cuba, Colombia and Ecuador in a societal shift around predominantly Catholic Latin America.The bill to decriminalize assisted dying passed by 64 votes in ...Reuters
Wed, Aug 13
Creative Media Q2 net loss widens to $14.3 mln
OverviewCreative Media Q2 net loss attributable to shareholders widens to $14.3 mln from $9.67 mlnFFO for Q2 declines to $7.9 mln, driven by lower segment NOICompany executes significant office leases in Austin and Los AngelesOutlookCompany plans upgrades to hotel public spaces later this yearCMCT e...Reuters
Wed, Aug 13
US Treasury chief says Trump could leverage sanctions at Putin meeting
WASHINGTON, Aug 13 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday said sanctions or secondary tariffs could grow if President Donald Trump's meeting with Russian President Vladimir Putin does not go well, calling on European leaders to also leverage sanctions. "He will make i...Reuters
Wed, Aug 13
EXCLUSIVE-US embeds trackers in AI chip shipments to catch diversions to China, sources say
Trackers used to detect illegal AI chip diversion to China, sources sayTrackers found in Dell, Super Micro shipments containing Nvidia, AMD chips, sources sayChina criticizes US export curbs, tracking proposalsBy Fanny Potkin, Karen Freifeld and Jun Yuan Yong SINGAPORE/NEW YORK, Aug 13 (Reuter...Reuters
Wed, Aug 13
CytomX Therapeutics Provides Update On CX-2051 Phase 1 Study
Aug 13 (Reuters) - CytomX Therapeutics Inc CTMX.O:CYTOMX THERAPEUTICS PROVIDES UPDATE ON CX-2051 PHASE 1 STUDYCYTOMX THERAPEUTICS INC - CTMX-2051-101 STUDY REMAINS ACTIVE WITH CX-2051 DOSINGCYTOMX THERAPEUTICS INC - PHASE 1 DATA UPDATE EXPECTED BY Q1 2026Reuters
Wed, Aug 13
RPT-BREAKINGVIEWS-Yawing US airline betrays antitrust rudder limits
By Jonathan GuilfordNEW YORK, Aug 12 (Reuters Breakingviews) - Like airplane pilots, trustbusters have important gauges to check, including whether a seller can achieve sufficient altitude. Discount carrier Spirit Aviation FLYY.A warned of “substantial doubt” about its survival mere months after em...Reuters
Wed, Aug 13
