News
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BREAKINGVIEWS-Big banks shake off Jamie Dimon’s glum outlook
By Stephen Gandel NEW YORK, July 15 (Reuters Breakingviews) - Jamie Dimon might be the gloomiest of the country’s top financiers. The JPMorgan JPM.N CEO has warned that resurgent inflation could force higher interest rates; that assets are overvalued; and that credit is a “bad risk.” Wall Street ...Reuters
Tue, Jul 15
Mira Murati's AI startup Thinking Machines valued at $12 billion in early-stage funding
July 15 (Reuters) - Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, said on Tuesday it has raised about $2 billion at a valuation of $12 billion in a funding round led by venture capital firm Andreessen Horowitz. The fundraise also saw parti...Reuters
Tue, Jul 15
Former Amazon executive to be new chief of Bezos Earth Fund
July 15 (Reuters) - Former Amazon AMZN.O executive Tom Taylor will now lead the $10 billion Bezos Earth Fund, taking over from Andrew Steer, who stepped down as the CEO in February.Taylor, who was the senior vice president for Alexa, will be the chief executive and president of the Earth Fund, which...Reuters
Tue, Jul 15
NATO chief says Brazil, China and India could be slammed by sanctions
By Patricia Zengerle and David BrunnstromWASHINGTON, July 15 (Reuters) - NATO Secretary General Mark Rutte warned on Wednesday that countries such as Brazil, China and India could be hit very hard by secondary sanctions if they continued to do business with Russia. Rutte made the comment while meet...Reuters
Tue, Jul 15
Trump says he will meet UK's Starmer in Scotland to refine trade deal
WASHINGTON, July 15 (Reuters) - President Donald Trump said on Tuesday that he is set to meet British Prime Minister Keir Starmer during his trip to Scotland and refine the trade deal agreed upon by the two leaders."We are going to have a meeting with him, probably in Aberdeen. And we're go...Reuters
Tue, Jul 15
Roblox launches IP licensing platform, partners with Netflix, Lionsgate
July 15 (Reuters) - Roblox RBLX.N launched a licensing feature on its videogame platform on Tuesday, allowing intellectual property holders to integrate their characters and worlds into its games.It has signed licensing partnerships with companies such as Netflix NFLX.O, which would allow developers...Reuters
Tue, Jul 15
Trump says Indonesia to pay 19% tariffs as part of trade deal
WASHINGTON, July 15 (Reuters) - President Donald Trump said on Tuesday the United States would pay no tariffs to Indonesia as part of a trade deal while the southeast Asian country would pay 19%."They are going to pay 19% and we are going to pay nothing ... we will have full access into Indonesi...Reuters
Tue, Jul 15
Thinking Machines Lab's Mira Murati Raised $2 Billion - X post
July 15 (Reuters) - THINKING MACHINES LAB'S MIRA MURATI:THINKING MACHINES LAB'S MIRA MURATI: RAISED $2 BILLION LED BY A16Z; PARTICIPATION FROM NVIDIA, ACCEL, SERVICENOW, CISCO, AMD, JANE STREET - X POSTTHINKING MACHINES LAB'S MIRA MURATI: IN NEXT COUPLE MONTHS, WE’LL BE ABLE TO SHARE OUR...Reuters
Tue, Jul 15
Israel strikes Syrian city, vows to protect Druze from government forces
Israel carries out strikes saying it aims to protect DruzeDruze leader accuses Syrian government of breaking ceasefireDefence minister says forces only firing if fired uponDruze fighters urged to resist Syrian troops entering Sweida SWEIDA, July 15 (Reuters) - Israel carried out strikes against S...Reuters
Tue, Jul 15
Trump says Zelenskiy should not target Moscow
WASHINGTON, July 15 (Reuters) - U.S. President Donald Trump said on Tuesday Ukrainian President Volodymyr Zelenskiy should not target Moscow.His comments came one day after announcing more weapons for Kyiv and a toughened stance against Russia for its war in Ukraine.Reuters
Tue, Jul 15
Mira Murati's AI startup Thinking Machines raises $2 billion in a16z-led round
July 15 (Reuters) - Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, said on Tuesday that it has raised $2 billion in funding.Venture capital firm Andreessen Horowitz led the round that also saw participation from AI chip giant Nvidia, Accel,...Reuters
Tue, Jul 15
NFL defeats lawsuit over alleged monopoly on team merchandise
By Mike ScarcellaJuly 15 (Reuters) - The National Football League and its teams have persuaded a U.S. judge to dismiss a lawsuit alleging they violated antitrust law through their control over the distribution of licensed merchandise.Manhattan-based U.S. District Judge Andrew Carter Jr on Monday sai...Reuters
Tue, Jul 15
Britain scraps 'taxonomy' plan for green investments
By Virginia Furness LONDON, July 15 (Reuters) - Britain on Tuesday ditched plans to release a "taxonomy" for guiding companies and investors on what is a green investment, the latest sign governments are stalling on sustainability reporting requirements for companies.Taxonomies set out co...Reuters
Tue, Jul 15
U.S. RESEARCH ROUNDUP-Nvidia, Strategy, Targa Resources
July 15 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Nvidia, Strategy and Targa Resources, on Tuesday. HIGHLIGHTS* Ameriprise Financial Inc AMP.N: Jefferies raises target price to $624 from $605* Nvidia Corp NVDA.O: O...Reuters
Tue, Jul 15
Air India to restore some international flights following reduction over crash
BENGALURU, July 15 (Reuters) - Air India said on Tuesday it would partially restore its international flight schedule that was scaled back following the crash involving its flight last month that killed 260 people.As part of the restoration, Air India will start a thrice-weekly service between Ahmed...Reuters
Tue, Jul 15
Pomdoctor Anticipates IPO Price Per ADS Between $4.00 & $6.00
July 15 (Reuters) - PomDoctor Ltd POM.O:POMDOCTOR LTD -ANTICIPATE THAT INITIAL PUBLIC OFFERING PRICE PER ADS WILL BE BETWEEN US$4.00 AND US$6.00POMDOCTOR LTD SEES US IPO OF UP TO 5 MILLION ADSS - SEC FILINGPOMDOCTOR LTD CEO ZHENYANG SHI & CFO LI XU TO OWN ALL CLASS B ORDINARY SHARES POST OFFE...Reuters
Tue, Jul 15
