News
Important Only
KBAT Group Files For U.S. IPO Of 3.75 Mln Class A Ordinary Shares
July 11 (Reuters) - KBAT Group:KBAT GROUP: FILES FOR U.S. IPO OF 3.75 MILLION CLASS A ORDINARY SHARES- SEC FILINGKBAT GROUP INC - RESERVES SYMBOL 'KBAT' FOR NASDAQ LISTING - SEC FILINGKBAT: OFFERING IS EXPECTED TO BE BETWEEN $4.00 & $5.00 PER CLASS A ORDINARY SHAREKBAT: NETWORK 1 FINANCI...Reuters
Fri, Jul 11
Trump blocks acquisition of equipment supplier Jupiter Systems by Hong Kong firm
WASHINGTON, July 11 (Reuters) - U.S. President Donald Trump ordered the prohibition of the acquisition of audio visual equipment supplier Jupiter Systems by Hong Kong company Suirui International, the U.S. Treasury Department said in a statement on Friday.The Committee on Foreign Investment in the U...Reuters
Fri, Jul 11
Tennis-Venus Williams to play at Washington Open
July 11 (Reuters) - Seven-time Grand Slam champion Venus Williams will compete at a WTA event for the first time in 16 months after she accepted a wildcard for this month's Washington Open.The 45-year-old Williams has not competed since the Miami Open in March 2024 and has not won a match since ...Reuters
Fri, Jul 11
Hawaii Governor Green signs bill to stabilize property insurance market
By Mia MacGregorJuly 11 - (The Insurer) - Hawaii Governor Josh Green has signed Senate Bill 1044 (Act 296) into law aiming to stabilize the state’s property insurance market amid rising premiums and limited coverage options, exacerbated by environmental disasters.Act 296 reactivates the Hawaii Hurri...Reuters
Fri, Jul 11
Chubb and Marsh CEOs advocate for taxing litigation funders in joint op-ed
By Isha MaratheJuly 11 - (The Insurer)— Chubb and Marsh McLennan CEOs Evan Greenberg and John Doyle said third-party litigation funders should be taxed on the income they derive to curb the spike in litigation costs in an opinion piece for the Wall Street Journal."Our tort system plays an impor...Reuters
Fri, Jul 11
Skydance in early talks to acquire The Free Press, NYT reports
July 11 (Reuters) - Skydance Media CEO David Ellison has held preliminary talks to acquire The Free Press, an online news outlet, the New York Times reported on Friday, citing people familiar with the matter.The news comes as Skydance is seeking to close its $8.4 billion merger with Paramount Global...Reuters
Fri, Jul 11
Divided US appeals court rejects plea deal for accused September 11 attacks mastermind
Court rules former Pentagon chief had authority to withdraw from plea dealsPlea deals concerned three Guantanamo Bay detainees including Khalid Sheikh MohammedThen-Defense Secretary Lloyd Austin withdrew from plea dealsBy Nate Raymond July 11 (Reuters) - A U.S. appeals court on Friday refused to ...Reuters
Fri, Jul 11
Levi Strauss limits selection for holiday shopping season due to tariffs
Levi Strauss will limit items for holiday shopping season Limiting selection should mitigate tariff costs, protect margins Strategy has been used by other brands including Hasbro, NikeBy Arriana McLymore and Anuja Bharat Mistry NEW YORK, July 11 (Reuters) - Levi Strauss LEVI.N has a simple strate...Reuters
Fri, Jul 11
El Chapo's son Ovidio Guzman Lopez pleads guilty to US drug charges
By Renee Hickman and Jack Queen July 11 (Reuters) - A son of imprisoned Mexican drug lord Joaquin “El Chapo” Guzman pleaded guilty on Friday to four criminal counts in two related drug trafficking cases targeting the notorious Sinaloa Cartel. Ovidio Guzman Lopez, 35, pleaded guilty to two cou...Reuters
Fri, Jul 11
'There are no red lines anymore' says UN Palestinian rights expert on US sanctions
By Olivia Le Poidevin GENEVA, July 11 (Reuters) - The top U.N. expert on Palestinian rights said on Friday that the U.S. decision to place her under sanctions could have a "chilling effect" on people who engage with her and restrict her movements, but that she planned to continue her work...Reuters
Fri, Jul 11
Golf-LIV Golf takes another swing at world ranking points
July 11 (Reuters) - LIV Golf is making a fresh bid to crack the Official World Golf Ranking (OWGR) after striking out two years ago, setting up another potential showdown over the Saudi Arabia-backed circuit's place in professional golf's pecking order.LIV Golf's request two years ago wa...Reuters
Fri, Jul 11
EXCLUSIVE-Some Walmart garment orders from Bangladesh on hold due to US tariff threat
Bangladesh garment sector faces disruption from potential US tariffsFactory owners expect declines in US orders if 35% tariffs are imposedBangladesh negotiating with US to lower tariffs amid business uncertaintyBy Helen Reid, Siddharth Cavale LONDON/NEW YORK, July 11 (Reuters) - Suppliers to Walm...Reuters
Fri, Jul 11
Fate of US disaster relief agency FEMA still being discussed
July 11 (Reuters) - U.S. President Donald Trump's administration has no immediate plans to abolish the Federal Emergency Management Agency amid ongoing discussions about the disaster relief agency's future, the Washington Post reported.No official action was being taken to wind down FEMA and...Reuters
Fri, Jul 11
U.S. RESEARCH ROUNDUP-Core Scientific, Phillips 66, Starbucks
July 11 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Core Scientific, Phillips 66 and Starbucks, on Friday. HIGHLIGHTS * Core Scientific Inc CORZ.O: Macquarie cuts to neutral from outperform * Fb Financial Corp ...Reuters
Fri, Jul 11
Kraft Heinz Is Preparing To Break Itself Up - WSJ
July 11 (Reuters) - Kraft Heinz Co KHC.O:KRAFT HEINZ IS PREPARING TO BREAK ITSELF UP - WSJKRAFT HEINZ EYEING SPINNING OFF LARGE CHUNK OF GROCERY BUSINESS INTO NEW ENTITY THAT COULD BE VALUED AT AS MUCH AS $20 BILLION ON ITS OWN - WSJSource text: https://on.wsj.com/44DRNrCReuters
Fri, Jul 11
