News
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EU ministers to discuss joint borrowing for defence, use of existing funds
BRUSSELS, March 10 (Reuters) - European Union finance ministers will discuss on Monday how to pay for defence through new joint borrowing, existing EU funds and a greater role for the European Investment Bank, with a view to decisions in June, the Polish EU presidency said.
Mitel Enters Into Deal With Ad Hoc Group Of Lenders to Recapitalize Debt
March 10 (Reuters) - MITEL: SUPPORT FROM MAJORITY OF LENDERS, $124.5 MILLION IN NEW FINANCING WILL INCREASE LIQUIDITY TO OPTIMIZE BUSINESS OPERATIONSMITEL: BALANCE SHEET TO BE DELEVERAGED BY ABOUT $1.15 BILLION,ANNUAL CASH INTEREST EXPENSE TO BE REDUCED BY ABOUT $135 MILLIONMITEL: OPERATIONS TO CONT...Reuters
Mon, Mar 10
Firefighters battle warehouse blaze in Russia's Samara region
March 10 (Reuters) - Firefighters are battling a large fire in a warehouse in Novokuibyshevsk in Russia's Samara region, Ukraine authorities and media said on Monday. "There are no injuries," the emergency ministry said on the Telegram messaging app, citing early details. The RIA news ag...Reuters
Mon, Mar 10
US casino group Bally's says it's willing to rescue Australia's Star
Current proposal worth at least A$250 millionBally's would take 50.1% via convertible notes under proposalBally's very open to discussing larger transactionStar weighing Bally's proposal, along with others By Scott Murdoch and Rishav Chatterjee March 10 (Reuters) - U.S. casino group B...Reuters
Mon, Mar 10
Zelenskiy heads to Saudi Arabia ahead of crunch US talks
Ukraine's Zelenskiy to meet Saudi crown prince Crunch Ukraine-US talks to follow on Tuesday US envoy eyes framework for peace and initial ceasefireBy Olena Harmash KYIV, March 10 (Reuters) - President Volodymyr Zelenskiy travels to Saudi Arabia to meet Crown Prince Mohammed bin Salman on Mond...Reuters
Mon, Mar 10
US immigration agents arrest Palestinian student protester at Columbia University in Trump crackdown
Agents arrested Mahmoud Khalil at his Columbia housingTrump promised to target foreign students in Palestinian protest movementUS cancels $400 million in grants, contracts to Columbia University over antisemitism allegationsBy Jonathan Allen NEW YORK, March 9 (Reuters) - U.S. immigration agents a...Reuters
Mon, Mar 10
India's Sun Pharma to acquire Checkpoint Therapeutics for $355 million
March 10 (Reuters) - India's Sun Pharmaceutical Industries SUN.NS said on Monday it will acquire Checkpoint Therapeutics CKPT.O, a U.S.-based immunotherapy and targeted oncology company, for $355 million.The deal is in line with Sun Pharma's active push in recent years to expand its oncology...Reuters
Mon, Mar 10
PRESS DIGEST-British Business - March 10
March 10 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Britain is advising Ukraine on handling peace talks with the United States as President Zelensky flies out to Sa...Reuters
Mon, Mar 10
TIMELINE-Star Entertainment: money laundering claims to teetering on the brink
March 10 (Reuters) - Australia's beleaguered casino operator Star Entertainment SGR.AX has received an offer of A$250 million ($158 million) from U.S. casino group Bally's BALY.N for just over half of its shares, as the debt-laden casino operator reviews options to stay afloat.Years of regul...Reuters
Mon, Mar 10
South Korea seeks to resolve any 'misunderstanding' with US about tariff rates
SEOUL, March 10 (Reuters) - South Korea's acting president on Monday ordered authorities to actively communicate with the U.S. administration to resolve any misunderstanding over tariffs, after U.S. President Donald Trump recently singled out South Korea for applying high tariffs. Trump, who...Reuters
Mon, Mar 10
South Korean police prepare for 'worst-case scenarios' ahead of Yoon impeachment ruling
By Ju-min Park SEOUL, March 10 (Reuters) - Police will be out in force, and subway stations and at least one school will be closed over safety concerns when South Korea's Constitutional Court rules whether to oust or reinstate impeached President Yoon Suk Yeol.Yoon's political fate hangs ...Reuters
Mon, Mar 10
Seven & i in talks with Couche-Tard over store sales for merger deal
TOKYO, March 10 (Reuters) - Japan's Seven & i Holdings 3382.T said on Monday that talks have begun with Canada's Alimentation Couche-Tard (ACT) over a store sale plan that would set the stage for ACT's $47 billion takeover bid.Last week, the 7-Eleven convenience store operator named ...Reuters
Mon, Mar 10
India's Sun Pharma to acquire Checkpoint Therapeutics
March 10 (Reuters) - India's Sun Pharmaceutical Industries SUN.NS said on Monday that it will acquire Checkpoint Therapeutics CKPT.O, a U.S.-based immunotherapy and targeted oncology company, in a deal valued at up to $355 million.Reuters
Mon, Mar 10
US to assess Ukraine's peace stance in Saudi Arabia meeting
U.S. officials to assess if Ukraine willing to make meaningful concessions to RussiaTrump says he expects progress from Saudi Arabia talksZelenskiy says talks should bring peace closer and continued supportRubio, Waltz, Witkoff set to talk with Ukrainians in Jeddah on TuesdayU.S.-Ukraine relations s...Reuters
Mon, Mar 10
South Korea to prepare for shipbuilding, energy cooperation with US
SEOUL, March 10 (Reuters) - South Korea's acting President Choi Sang-mok said on Monday the government would prepare to consult with the U.S. administration on cooperation in the shipbuilding and energy sectors. Regarding U.S. President Donald Trump's reciprocal tariff plan, Choi ordered aut...Reuters
Mon, Mar 10
NASA Says Co And Spacex Set A New Launch Date Of No Earlier Than Monday, March 10 For The Launch Of The Agency's Spherex And Punch Missions On A Falcon 9 Rocket
March 9 (Reuters) - NASA : NASA AND SPACEX SET A NEW LAUNCH DATE OF NO EARLIER THAN MONDAY, MARCH 10 FOR THE LAUNCH OF THE AGENCY’S SPHEREX AND PUNCH MISSIONS ON A FALCON 9 ROCKETSource text: https://tinyurl.com/u7z593btReuters
Mon, Mar 10
PRESS DIGEST- Financial Times - March 10
March 10 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Bain and WPP to break up research company Kantar- Ukraine seeks to persuade US to resume aid in high-stakes talks- David Lammy vows t...Reuters
Mon, Mar 10
BREAKINGVIEWS-Walmart's India payments IPO looks hasty
By Shritama Bose MUMBAI, March 10 (Reuters Breakingviews) - Walmart WMT.N is looking for a cashback too soon. The U.S. retailer is preparing a Mumbai listing of PhonePe, India's leading facilitator of consumer mobile phone-based payments. But a mooted $15 billion valuation looks punchy, and w...Reuters
Mon, Mar 10
