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Eli Lilly signs up to $1.12 billion deal with private gene-editing firm Seamless
By Mariam Sunny and Bhanvi Satija Jan 28 (Reuters) - U.S. drugmaker Eli Lilly LLY.N signed an agreement worth up to $1.12 billion with Seamless Therapeutics, the Germany-based startup said on Wednesday, to develop and commercialize treatments for hearing loss using the biotech's gene-editing ...Reuters
Wed, Jan 28
RPT-Bessent says 500,000 have signed up for 'Trump accounts,' more donations coming
US government to deposit $1,000 in accounts for children born between 2025-2028Treasury's Bessent says more private contributions coming Nicki Minaj to join Trump at Washington eventBy Andrea Shalal WASHINGTON, Jan 28 (Reuters) - More than 500,000 families have signed up for the Trump adminis...Reuters
Wed, Jan 28
German foreign minister to promote EU-Mercosur deal on South America trip
BERLIN, Jan 28 (Reuters) - German Foreign Minister Johann Wadephul will personally lobby for the implementation of the EU's free trade deal with South American countries during a trip to region planned in March, he told lawmakers in the German parliament on Wednesday.The European Union is facing...Reuters
Wed, Jan 28
Germany's Merz: basis for ratification of EU-US trade deal in place
BERLIN, Jan 28 (Reuters) - The foundations for the ratification of an EU-U.S. trade deal is in place as long as Washington honours its commitments, German Chancellor Friedrich Merz said on Wednesday."After the U.S. president's threats to raise tariffs again, I expect that now the foundations...Reuters
Wed, Jan 28
Bessent says 500,000 have signed up for 'Trump accounts,' more donations coming
US government to deposit $1,000 in accounts for children born between 2025-2028Treasury's Bessent says more private contributions coming Nicki Minaj to join Trump at Washington eventBy Andrea Shalal WASHINGTON, Jan 28 (Reuters) - More than 500,000 families have signed up for the Trump adminis...Reuters
Wed, Jan 28
German police search Deutsche Bank offices in money laundering probe
Police search Deutsche Bank offices in Frankfurt, BerlinInvestigation related to money laundering, prosecutors sayDeutsche Bank says it is cooperating fully with prosecutorsBy Tom Sims and Matthias InverardiFRANKFURT, Jan 28 (Reuters) - German federal police searched Deutsche Bank DBKGn.DE offices i...Reuters
Wed, Jan 28
Mexico's President Sheinbaum, on oil shipments to Cuba, says "humanitarian aid continues"
Jan 28 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday that Mexico ships oil to Cuba as humanitarian aid, and that that aid continues, amid pressure from Washington to end shipments to the Caribbean country. "There are two channels through which oil is delivered to Cuba. One is...Reuters
Wed, Jan 28
Teva moving from pure play generics to global pharma company, CEO says
JERUSALEM, Jan 28 (Reuters) - Teva Pharmaceutical Industries TEVA.TA was quickly moving from a pure-play generics drugmaker to a global biopharma company as its branded medicines continue to grow, CEO Richard Francis said on Wednesday after Teva issued fourth-quarter results.Francis told Reuters tha...Reuters
Wed, Jan 28
Google to pay $135 million to settle Android data transfer lawsuit
Google accused of needlessly collecting cellular dataLargest payout in this kind of case, lawyer saysGoogle denies wrongdoing in agreeing to settleBy Jonathan StempelJan 28 (Reuters) - Google will pay $135 million to settle a proposed class action by smartphone users who accused Google of programmin...Reuters
Wed, Jan 28
PRESS DIGEST-Canada - January 28
Jan 28 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Canadian self‑driving technology company Waabi has raised $750 million in a landmark venture funding round and ann...Reuters
Wed, Jan 28
NFL-Trump leads defence of Belichick after reported Hall of Fame snub
Jan 28 (Reuters) - U.S. President Donald Trump joined a chorus of disbelief after reports that Bill Belichick, widely considered the greatest coach in NFL history, was denied first-ballot induction into the Pro Football Hall of Fame.Belichick, who won six Super Bowl titles as head coach of the New E...Reuters
Wed, Jan 28
Merck veteran Perlmutter-led Eikon Therapeutics eyes $908 million valuation in IPO
By Arasu Kannagi Basil Jan 28 (Reuters) - Eikon Therapeutics, headed by Merck veteran Roger Perlmutter, is targeting a valuation of up to $908.2 million in its initial public offering in the United States, as biotech listings stage a recovery after a bruising 2025.The Millbrae, California-based ...Reuters
Wed, Jan 28
Rebel leader denounces US-DRC minerals deal one year after Goma's fall
Rebel leader criticizes US-DRC minerals deal as unconstitutionalCongo presidency dismisses Nangaa's claims as speculativeMost key minerals lie in areas held by rebelsNangaa says security has improved in rebel-held areas Jan 28 (Reuters) - The leader of a Congolese rebel coalition that includ...Reuters
Wed, Jan 28
Sportswear brand On names Frank Sluis as CFO
Jan 28 (Reuters) - Sportswear brand On 49G.BN named Frank Sluis as its new chief financial officer on Wednesday, replacing Martin Hoffmann.Hoffmann had stepped into the role of On's CEO last year, while retaining his responsibilities as CFO. He will oversee the finances till Sluis takes over on ...Reuters
Wed, Jan 28
Tennis-Shelton says his moment is coming after Australian Open loss to Sinner
Shelton believes he's nearing tennis elite despite lossShelton's rise includes U.S. Open semi-final at age 20American remains confident despite heavy loss to Sinner MELBOURNE, Jan 28 (Reuters) - Ben Shelton said it was only a matter of time before he sharpens the final edges of his game, ...Reuters
Wed, Jan 28
Small island states rate China as top development partner as West cuts aid
ODI survey shows China's surprising influence in CaribbeanInnovative financing sees limited uptake among small island statesTrump's policies reduced USAID and climate change fundingSmall islands face economic impact from extreme weather eventsChina leads in aid to Atlantic, Indian Ocean, Sou...Reuters
Wed, Jan 28
Pacific Valley Bancorp's Q4 profit falls on higher personnel expenses
OverviewCalifornia business bank's Q4 net income fell 18.5% due to higher personnel expensesTotal assets grew 8.3% yr/yr to $710 mln, driven by increased loansTaylor Fresh Foods acquired 16.3% stake in Pacific Valley BancorpOutlookCompany did not provide specific guidance for future quarters or ...Reuters
Wed, Jan 28
Brazil's PicPay set to price New York IPO at top of range, source says
SAO PAULO, Jan 28 (Reuters) - Brazilian digital bank PicPay is expected to price its U.S. initial public offering (IPO) on Wednesday at the top of the indicated price range of $16 to $19 per share, a source familiar with the matter said.Demand for the transaction, which marks the return of Brazilian...Reuters
Wed, Jan 28
French fund manager BDL says EU markets regulation 'driving us into a wall'
Hyper regulation leads to capital flowing into private marketsPassive investing further drains cash from EU stock marketsEU must lighten regulatory burden on listed firmsBy Valentina Za MILAN, Jan 28 (Reuters) - Excessive regulation is hurting European financial markets and local fund managers, f...Reuters
Wed, Jan 28
