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Morning News Call - U.S., August 25
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Mon, Aug 25
REFILE-Tennis-Media mishap sparks Medvedev meltdown as Russian exits US Open
By Simon JenningsNEW YORK, Aug 25 (Reuters) - The U.S. Open descended into chaos on Sunday when a photographer came onto the court as Daniil Medvedev faced match point, bringing the first-round match to a standstill and sparking a spectacular meltdown from the Russian.Former champion Medvedev was ev...Reuters
Mon, Aug 25
Abu Dhabi's TAQA to use $1.2 billion GS Inima deal as launchpad for global water expansion
TAQA to use GS Inima for international water sector expansionDeal allows entry into eight new markets, including Brazil Deal boosts TAQA's desalination and wastewater capacity By Federico Maccioni DUBAI, Aug 25 (Reuters) - Abu Dhabi's TAQA TAQA.AD plans to turn GS Inima into its main vehi...Reuters
Mon, Aug 25
Japan's tariff envoy Akazawa to visit US to discuss deal document, FNN reports
TOKYO, Aug 25 (Reuters) - Japan's top tariff negotiator Ryosei Akazawa will visit the United States as early as this week, likely to discuss a document to formalise last month's agreement about Japan's investment in the U.S., broadcaster FNN reported on Monday.Washington and Tokyo reache...Reuters
Mon, Aug 25
Syria’s Sharaa expected to address UN in New York in September
Aug 25 (Reuters) - Syria's President Ahmed al-Sharaa is expected to address the U.N. General Assembly in New York in September, a Syrian official told Reuters on Monday.Sharaa, who once pledged allegiance to al Qaeda before severing ties in 2016, met with U.S President Donald Trump in Saudi Arab...Reuters
Mon, Aug 25
Temu-owner PDD tops quarterly revenue estimates
Aug 25 (Reuters) - E-commerce firm PDD Holdings PDD.O beat market estimates for quarterly revenue on Monday, signaling a rebound in domestic demand and improved growth in its international business despite global trade uncertainties. The company, which operates low-cost platforms Pinduoduo in China ...Reuters
Mon, Aug 25
FOCUS-Wall Street hires more senior bankers as growing confidence spurs deal rebound
Hiring surge follows tariff-induced pauseSenior hires include Citigroup and UBS executivesJunior staff recruitment rose 200% in August, search firm saysBy Tatiana Bautzer, Saeed Azhar and Isla Binnie NEW YORK, Aug 25 (Reuters) - Wall Street banks have hired dozens of senior executives in recent m...Reuters
Mon, Aug 25
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
