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Royalty Pharma to buy royalty interest in Amgen's lung cancer drug for up to $950 million
Aug 25 (Reuters) - Royalty Pharma RPRX.O said on Monday it has signed a deal with BeOne Medicines to acquire a royalty interest in Amgen's AMGN.O drug for small cell lung cancer for up to $950 million.The deal gives Royalty Pharma access to roughly 7% of global net sales of the therapy, which wo...Reuters
Mon, Aug 25
Zelenskiy says US, Ukrainian officials to meet later this week
KYIV, Aug 25 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Monday that he plans to discuss with U.S. Special Envoy Keith Kellogg preparations for a possible meeting with Russian President Vladimir Putin.Zelenskiy, during a joint briefing in Kyiv with Norway's prime minister, said U...Reuters
Mon, Aug 25
Zelenskiy says Ukraine aims to secure at least $1 billion monthly for U.S. weapons purchases
KYIV, Aug 25 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Monday that Kyiv aims to secure at least $1 billion on a monthly basis from allies to purchase U.S. weapons for its war effort against Russia.He made the remark during a joint briefing in Kyiv with Norwegian Prime Minister Jona...Reuters
Mon, Aug 25
Germany charges US citizen with offering military intelligence to China
BERLIN, Aug 25 (Reuters) - German federal prosecutors said on Monday that they have charged a U.S. citizen they accuse of offering to pass sensitive U.S. military information to Chinese intelligence.The man, identified as Martin D. under German privacy law, is accused of contacting Chinese state bod...Reuters
Mon, Aug 25
FOCUS-P&G selling China-made luxury 'bumbum' brand diapers as market share falters
P&G imports China-made diapers amid domestic cost challengesChinese diaper imports triple, quality matches US-made productsTariffs impact prices, but consumer loyalty remains strongBy Jessica DiNapoli NEW YORK, Aug 25 (Reuters) - Procter & Gamble PG.N is selling luxury aloe-infused “bumbu...Reuters
Mon, Aug 25
Remote testing for US law school exam fueled market for cheating in China
Admissions test for U.S. law schools suspended in China over cheating Exam experts say Chinese sites exploit online testsCheating concerns predate remote LSATBy Karen Sloan Aug 25 (Reuters) - An aspiring law student from China raised alarms earlier this year about offers proliferating on Chinese ...Reuters
Mon, Aug 25
PREVIEW-Canadian banks to dodge worst case tariff scenario in latest earnings
Canada's big bank reports Q3 results starting TuesdayEarnings to benefit from decline in loan-loss provisions Loan growth watched amid U.S. tariffs and trade uncertaintyBy Nivedita Balu TORONTO, Aug 25 (Reuters) - Canada's big banks are expected to have lowered loan-loss provisions in the...Reuters
Mon, Aug 25
Brazil's Bolsonaro and his coalition adrift as trial verdict nears, allies say
Bolsonaro house arrest weighing on his mood, visitors sayChat messages show doubts, conflict growing in coalitionSupreme Court starts ruling on alleged coup plot next weekBy Ricardo Brito, Luciana Magalhaes and Manuela Andreoni BRASILIA, Aug 25 (Reuters) - As Brazil's Supreme Court prepares f...Reuters
Mon, Aug 25
Porsche scraps battery production plans at Cellforce unit
By Christina Amann BERLIN, Aug 25 (Reuters) - German carmaker Porsche AG P911_p.DE has scrapped plans to produce high-performance batteries at its Cellforce unit, citing slow demand for electric vehicles and changed conditions in China and the United States.The move, which according to a person f...Reuters
Mon, Aug 25
Nervous Swiss ready Trump sweetened offer for tariff pain relief
Swiss stunned by high US tariffs after prior hopes for dealDefence, energy and aerospace could see more bilateral businessSwiss on tenterhooks over Trump approval after tough phone callBy Dave Graham ZURICH, Aug 25 (Reuters) - Switzerland soon hopes to finalise a new business offer for Washington...Reuters
Mon, Aug 25
TABLE-EU Commission sells 2027 EU-Bonds at average yield of 2.117%
Aug 25 (Reuters) - The European Commission, on behalf of the European Union, carried out on Monday an EU-Bonds auction. The results of this auction are as follows: EU-Bond06/12/20272.875%EU-Bond12/12/20353.375%EU-Bond04/10/20383.375%ISINEU000A3K4EW6 EU000A4D8KD2EU000A3K4D74 Date of auction 25/...Reuters
Mon, Aug 25
RPT-ANALYSIS-Did Trump save Intel? Not really
Intel needs external customers for its 14A manufacturing processAnalysts doubt government investment will save Intel's foundry armIntel faces challenges with yield and competition from TSMC and NvidiaGovernment stake raises concerns about governance, analysts sayBy Jaspreet Singh, Max A. Cherney...Reuters
Mon, Aug 25
FACTBOX-Big-ticket mergers in the packaged food space over the years
By Juveria Tabassum Aug 25 (Reuters) - Keurig Dr Pepper KDP.O said on Monday it will buy Dutch coffee company JDE Peet's JDEP.AS for $18.4 billion at a time when the highly competitive global coffee industry grapples with steep commodity costs, and people look for healthier sodas. Deal-ma...Reuters
Mon, Aug 25
Trump plans order to end "cashless bail" in D.C., Axios reports
Aug 25 (Reuters) - U.S. President Donald Trump plans to sign an executive order on Monday that aims to eliminate "cashless bail" for arrested suspects in Washington, D.C., Axios reported on Monday. Reuters could not immediately verify the report.Reuters
Mon, Aug 25
Porsche scraps battery production plans at Cellforce unit
BERLIN, Aug 25 (Reuters) - German carmaker Porsche AG P911_p.DE scrapped production plans at its high-performance battery unit Cellforce, saying it would focus on development because of slow demand for electric vehicles and changed conditions in China and the United States. Cellforce will be tu...Reuters
Mon, Aug 25
Beyond the 'bling', China aims for deterrence in military show
Parade "performative" rather than operational, analysts sayA host of new weapons and systems expected to be on showChinese officials will highlight ability to "win future wars"Appearance of large sea drone poses new potential threatBy Greg Torode HONG KONG, Aug 25 (Reuters) - As C...Reuters
Mon, Aug 25
US probes into more than 1.4 million Honda vehicles over engine failure
Aug 25 (Reuters) - The National Highway Traffic Safety Administration is opening a probe into more than 1.4 million Honda 7267.T vehicles sold in the United States over concerns that connecting rod bearing failures in their engines could lead to complete engine failure.In a letter dated August 20, t...Reuters
Mon, Aug 25
NORMA Group To Supply New Electric Car Platform With Quick Connectors
Aug 25 (Reuters) - NORMA GROUP SE NOEJ.DE:TO SUPPLY NEW ELECTRIC CAR PLATFORM WITH QUICK CONNECTORSSTARTING IN 2027, NORMA GROUP WILL DELIVER QUICK CONNECTORS FOR BATTERY THERMAL MANAGEMENT OF VEHICLES.CONTRACT HAS A VOLUME OF AROUND EUR 14 MILLION.UP TO 90,000 ELECTRIC CARS ARE TO BE EQUIPPED EVERY...Reuters
Mon, Aug 25
Israel says it is ready to support Lebanon in disarming Hezbollah
TEL AVIV, Aug 25 (Reuters) - Israel is ready to support Lebanon in disarming Hezbollah, Israeli Prime Minister Benjamin Netanyahu's office said in a statement on Monday.Earlier this month, the Lebanese cabinet approved the objectives of a U.S. plan to disarm the Iran-aligned Hezbollah group.Reuters
Mon, Aug 25
Euro zone yields rise, walking back Fed-driven fall
LONDON, Aug 25 (Reuters) - Euro zone bond yields rose on Monday, reversing their fall from late last week as traders reassessed that U.S. Federal Reserve-driven move and its impact on Europe. Germany's 10-year bond yield, the benchmark for the euro zone, was up nearly 4 basis points at 2.76%, DE...Reuters
Mon, Aug 25
