News
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JPMorgan agrees to pay Malaysia $330 million to settle 1MDB claims
Settlement resolves all existing and potential claims related to 1MDBJPMorgan unit fined in Switzerland for anti-money laundering failures1MDB scandal implicated high-level officials, banks, and financial institutions globallyBy Rozanna Latiff KUALA LUMPUR/ZURICH, Aug 22 (Reuters) - JPMorgan Chas...Reuters
Fri, Aug 22
INSIGHT-Gaza's hungry children slide towards starvation as emergency treatments dwindle
Aid agencies report rapid increase in child malnutrition cases in Gaza, deaths spikeGlobal hunger monitor says 132,000 young children at risk of death from famine"The worst possible humanitarian catastrophe," NGO says.By Dawoud Abu Alkas, Olivia Le Poidevin and Nidal al-Mughrabi GAZA CITY...Reuters
Fri, Aug 22
INSIGHT-Gaza's hungry children slide towards starvation as emergency treatments dwindle
Aid agencies report rapid increase in child malnutrition cases in Gaza, deaths spikeGlobal hunger monitor says 132,000 young children at risk of death from famine"The worst possible humanitarian catastrophe," NGO says.By Dawoud Abu Alkas, Olivia Le Poidevin and Nidal al-Mughrabi GAZA CITY...Reuters
Fri, Aug 22
EXCLUSIVE-Banks lobby regulators for national standards to curb state influence, sources say
Lenders lobby regulators to seek national standard for bankingBanks find patchwork state regulation disruptive States claim maintaining regulatory power protects consumersIndividual states have punished banks for some of their policiesBy Nupur Anand NEW YORK, Aug 22 (Reuters) - U.S. banks are pet...Reuters
Fri, Aug 22
Zelenskiy says Russia doing 'everything' to stop his meeting with Putin
KYIV, Aug 22 (Reuters) - Ukraine’s President Volodmyr Zelenskiy said on Friday that Russia was doing everything it could to make sure that a meeting between him and Vladimir Putin does not take place, and called on Ukraine’s allies to apply fresh sanctions on Moscow if it showed no desire to end its...Reuters
Fri, Aug 22
REFILE-Russia says agenda for a possible Putin-Zelenskiy summit is not ready
MOSCOW, Aug 22 (Reuters) - Russian President Vladimir Putin is ready to hold a summit with his Ukrainian counterpart Volodymyr Zelenskiy when the agenda for such a meeting is ready which it is not at the moment, Russian Foreign Minister Sergei Lavrov told the NBC TV channel.Speaking to NBC's “Me...Reuters
Fri, Aug 22
Compass Diversified Holdings expected to post earnings of 52 cents a share - Earnings Preview
Compass Diversified Holdings CODI.N, CODI.K is expected to show a rise in quarterly revenue when it reports results on August 25 (estimated) for the period ending March 31 2025The Westport Connecticut-based company is expected to report a 9.5% increase in revenue to $573.99 million from $524.29 m...Reuters
Fri, Aug 22
LifeVantage Corp expected to post earnings of 16 cents a share - Earnings Preview
LifeVantage Corp LFVN.OQ LFVN.O is expected to show a rise in quarterly revenue when it reports results on August 26 for the period ending June 30 2025The Lehi Utah-based company is expected to report a 16.3% increase in revenue to $56.9 million from $48.93 million a year ago, according to the me...Reuters
Fri, Aug 22
China's cabinet stresses sports' role in boosting domestic demand
BEIJING, Aug 22 (Reuters) - China's cabinet on Friday said it wants to boost consumer demand for sports by increasing the supply of sports products and enriching sports events, state broadcaster CCTV reported, citing a meeting chaired by Premier Li Qiang.The meeting also studied a separate equip...Reuters
Fri, Aug 22
Russia and Belarus will insist Ukraine not be used as launchpad to attack them, Lukashenko says
MOSCOW, Aug 22 (Reuters) - Russia and Belarus will insist that Ukraine must not become a springboard for a future attack on them, Belarusian state news agency Belta quoted President Alexander Lukashenko as saying on Friday.Reuters
Fri, Aug 22
Morning News Call - U.S., August 22
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
Fri, Aug 22
Network gear maker Ubiquiti beats Q4 revenue, adjusted EPS estimates; authorizes stock buyback
OverviewUbiquiti Q4 fiscal 2025 revenue rises 49.6% yr/yr, beating analyst expectationsAdjusted EPS for Q4 fiscal 2025 beats estimates, reaching $3.54Company announces $500 mln stock repurchase programOutlookCompany plans regular quarterly dividends of at least $0.80 per share in FY 2026Ubiquiti aut...Reuters
Fri, Aug 22
Health Rounds: GLP-1 drugs linked to lower cancer risks
By Nancy LapidAug 22 (Reuters) - GLP-1 drugs for diabetes and weight loss may influence patients’ cancer risk, usually lowering it but sometimes possibly increasing it, new findings suggest. U.S. researchers reviewed 10 years of medical records from 43,317 users and 43,315 similar nonusers of Novo N...Reuters
Fri, Aug 22
Apparel retailer Buckle beats Q2 sales estimates
OverviewBuckle fiscal Q2 net sales rise 8.3%, beating analyst expectationsNet income for fiscal Q2 increases to $45.0 mln, or $0.90 per shareOnline sales surge 17.7% in fiscal Q2, boosting overall salesResult DriversCOMPARABLE STORE SALES - Buckle reports a 7.3% increase in comparable store sales fo...Reuters
Fri, Aug 22
JP Morgan convicted by Swiss for failing to stop money laundering in 1MDB case
LONDON, Aug 22 (Reuters) - Swiss federal prosecutors on Friday said they had convicted JP Morgan JPM.N of failing to prevent aggravated money laundering related to the scandal at Malaysian state fund 1MDB, and fined the U.S. bank 3 million francs ($3.7 million).The Office of the Attorney General of ...Reuters
Fri, Aug 22
Warehouse club operator BJ's Q2 sales miss estimates
OverviewBJ's Q2 sales miss analyst expectations, adjusted EPS beats, per LSEG dataMembership fee income rose 9% yr/yr, reaching $123.3 mlnCompany raises FY 2025 EPS guidance, reaches 8 mln membersOutlookBJ's expects FY 2025 adjusted EPS of $4.20 to $4.35Company anticipates FY 2025 comparable...Reuters
Fri, Aug 22
Euro zone bond yields edge lower ahead of Fed's Powell speech
By Joice Alves LONDON, Aug 22 (Reuters) - Euro zone bond yields edged lower on Friday as traders waited for a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole symposium for clues on the U.S. central bank's monetary path.The German 10-year bond yield DE10YT=RR, the benchmark f...Reuters
Fri, Aug 22
EXCLUSIVE-Banks lobby regulators for national standards to curb state influence, sources say
Lenders lobby regulators to seek national standard for bankingBanks find patchwork state regulation disruptive States claim maintaining regulatory power protects consumersIndividual states have punished banks for some of their policiesBy Nupur Anand NEW YORK, Aug 22 (Reuters) - U.S. banks are pet...Reuters
Fri, Aug 22
