News
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Ex-Calif. Bar director should be suspended over ethics violations, court finds
By Karen Sloan July 3 (Reuters) - A former executive director of the State Bar of California should be suspended from practicing law for 30 days and placed on probation for a year for wrongfully using state bar money to fund a 2014 trip to Mongolia and misleading bar leaders about it, an appeals ...Reuters
Thu, Jul 3
Major Rwandan coltan exporter bought smuggled Congolese minerals, UN report says
Forthcoming UN report says Rwanda-based Boss Mining bought coltan smuggled from CongoMineral trade helps finance M23 rebels occupying eastern CongoBoss and Rwanda deny involvement in smuggling from CongoBy Reade Levinson, David Lewis and Sonia Rolley July 3, REUTERS - Rwandan company Boss Mining ...Reuters
Thu, Jul 3
Ambiq Micro files for U.S. IPO as generative AI fuels chip demand
By Prakhar SrivastavaJuly 3 (Reuters) - Chip designer Ambiq Micro on Thursday reported a 16.1% rise in 2024 net sales in its filing for a U.S. initial public offering, as growing demand for generative AI fuels spending on semiconductor technology. Strong investor demand for AI-focused tech stocks is...Reuters
Thu, Jul 3
Fresh Del Monte Produce Inc Says Not Affiliated with Del Monte Foods Inc
July 3 (Reuters) - Fresh Del Monte Produce Inc FDP.N:FRESH DEL MONTE PRODUCE INC: CLARIFIES IT IS NOT AFFILIATED WITH DEL MONTE FOODS INCFRESH DEL MONTE PRODUCE INC - UNAFFECTED BY DEL MONTE FOODS LEGAL AND FINANCIAL ISSUESReuters
Thu, Jul 3
Pension Insurance Corporation To Continue Operating Under PIC Brand Upon Deal With Athora
July 3 (Reuters) - Pension Insurance Corporation: PENSION INSURANCE CORPORATION PLC: PIC WILL BECOME UK INSURANCE BUSINESS OF ATHORA AND CONTINUE OPERATING UNDER PIC BRANDPENSION INSURANCE CORPORATION PLC: PIC WILL BE 45% OF ATHORA'S TOTAL ASSETS UNDER MANAGEMENT AND ADMINISTRATION=Reuters
Thu, Jul 3
Apollo-backed Athora to buy Pension Insurance Corporation for $7.8 bln
Apollo-backed Athora buys PIC for $7.8 billion PIC to continue using PIC brand PIC to contribute 45% of Athora's total AuM upon deal close July 3 (Reuters) - Specialised life insurance group Athora has agreed to buy UK insurer Pension Insurance Corporation (PIC), for about 5.7 billion pounds...Reuters
Thu, Jul 3
BREAKINGVIEWS-Figma IPO chalks one up for trustbusters
By Jeffrey GoldfarbNEW YORK, July 3 (Reuters Breakingviews) - When it comes to design software, trustbusters knew where to draw the line. Less than two years after competition concerns quashed Adobe’s ADBE.O $20 billion acquisition of rival Figma, the erstwhile takeover target has drafted plans for ...Reuters
Thu, Jul 3
Congo, M23 rebels plan return to Qatar talks amid Trump pressure
Washington wants deal that could help unlock mining investmentsRwanda-backed M23 staged lightning advance in Congo this yearCongo, Rwanda inked peace deal in Washington last week July 3 (Reuters) - Congo's government and Rwanda-backed rebels said on Thursday they would send delegations back t...Reuters
Thu, Jul 3
US court says Trump can remove Democrat from labor board, for now
By Daniel WiessnerJuly 3 (Reuters) - A U.S. appeals court on Thursday allowed President Donald Trump to remove a Democratic member from the U.S. Federal Labor Relations Authority while his administration appeals a ruling that said her firing was illegal and had reinstated her.Reuters
Thu, Jul 3
BREAKINGVIEWS-Madcap board clash stresses why every vote counts
By Jeffrey Goldfarb NEW YORK, July 3 (Reuters Breakingviews) - Although retail investors can vote with their feet, their power at the corporate ballot box often goes under-appreciated. A board clash at vaccine developer Sinovac Biotech SVA.O, centered on the fate of its $10 billion cash hoard, of...Reuters
Thu, Jul 3
Tennis-Defending champion Krejcikova edges Dolehide at Wimbledon
By Ossian ShineLONDON, July 3 (Reuters) - It was far from convincing, but Barbora Krejcikova kept her Wimbledon defence on track on Thursday - just - with a laboured 6-4 3-6 6-2 second round win over American Caroline Dolehide.The Czech creaked rather than cruised into the third round, moving past t...Reuters
Thu, Jul 3
Death of Ukrainian F-16 pilot highlights perils of air defence, commander says
Kyiv may use more high-risk tactics due to lack of air defencesPentagon pauses arms supplies, affecting Ukraine's defence'There is no such thing as enough weapons,' commander saysMourners hail Ustymenko for bravery against Russian dronesBy Sergiy Karazy and Yurii Kovalenko KYIV, July ...Reuters
Thu, Jul 3
NCAA faces appeals after judge approves landmark $2.8 billion settlement
By Mike Scarcella July 3 (Reuters) - The National Collegiate Athletic Association is facing a growing number of new court challenges after a U.S. judge in California signed off on a landmark multibillion-dollar settlement that pays athletes for the commercial use of their name, image and likeness...Reuters
Thu, Jul 3
Putin tells Trump he will not back down from goals in Ukraine, Kremlin says
MOSCOW, July 3 (Reuters) - Russian President Vladimir Putin told U.S. President Donald Trump in a phone call on Thursday that Moscow will not step back from its goals in Ukraine but that it is still interested in a negotiated settlement to the conflict, a Kremlin aide said.In a wide-ranging conversa...Reuters
Thu, Jul 3
Hamas warns Palestinians against cooperating with U.S.-backed Gaza Humanitarian Foundation
CAIRO, July 3 (Reuters) - The Hamas-run interior ministry in Gaza on Thursday warned residents of the coastal enclave not to assist the U.S.-and Israeli-backed Gaza Humanitarian Foundation, saying deadly incidents near its food distribution sites endangered hungry Gazans."It is strictly forbidde...Reuters
Thu, Jul 3
Kraft Heinz recalls certain Oscar Mayer turkey bacon products over Listeria risk
July 3 (Reuters) - Packaged food maker Kraft Heinz KHC.O is voluntarily recalling some Oscar Mayer turkey bacon products over concerns about Listeria monocytogenes contamination, a company spokesperson said.The U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS), which fir...Reuters
Thu, Jul 3
