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Stellantis Italian output down 27% in first half, union says
Produced around 222,000 vehicles in first half, Fim Cisl saysUnion projects full-year output of 440,000 vehiclesNew models expected to support output form next year MILAN, July 7 (Reuters) - Stellantis STLAM.MI vehicle output at its Italian plants declined 27% in the first half compared with a ye...Reuters
Mon, Jul 7
CRC agrees deal to buy Atrium managing agency
By Ryan Hewlett, David BullJuly 7 - (The Insurer) - CRC Group has agreed to buy the managing agency operations of Stone Point Capital stablemate Atrium, the companies announced on Monday.In a statement confirming the move, Atrium said it will retain its brand name and current leadership as part of t...Reuters
Mon, Jul 7
Battery maker Enovix's prelim Q2 revenue beats estimates
OverviewEnovix Q2 preliminary revenue rises to $7.5 mln, beating analyst expectations, per LSEG dataQ2 preliminary Adjusted EBITDA loss narrows to $21.4 mln, beating estimates, per LSEG dataCompany completes SolarEdge asset acquisition in South KoreaOutlookEnovix expects to scale significantly with ...Reuters
Mon, Jul 7
Italy set to speed through $2.3 billion Novo Nordisk investment
ROME, July 7 (Reuters) - Italian authorities on Monday appointed a special commissioner to help Danish drugmaker Novo Nordisk NOVOb.CO speedily deliver its promised 2 billion-euro ($2.34 billion) investment in a factory south of Rome.As part of Novo Holdings' takeover of pharmaceutical company C...Reuters
Mon, Jul 7
Axa UK and Ireland names Henri de la Serve as CFO
By Ashish TiwariJuly 7 - (The Insurer) - Axa UK and Ireland has appointed Henri de la Serve as its new chief financial officer, the insurer said on Monday. De la Serve, who is currently CFO of Axa Spain, will begin the role on September 1. He will join the UK and Ireland management committee and rep...Reuters
Mon, Jul 7
US to make several trade announcements in next 48 hours, Treasury secretary says
WASHINGTON, July 7 (Reuters) - The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday, ahead of a U.S. deadline on Wednesday to finalize trade pacts."We've had a lot of people change their tune in terms of negotiations. S...Reuters
Mon, Jul 7
WNS Says Capgemini Will Pay $169 Mln Termination Fee To Co Upon Deal Termination
July 7 (Reuters) - WNS (Holdings) Ltd WNS.N:WNS (HOLDINGS): CO WILL PAY $118 MILLION TERMINATION FEE TO CAPGEMINI IN CASE OF DEAL TERMINATIONWNS (HOLDINGS): CAPGEMINI WILL PAY $169 MILLION TERMINATION FEE TO CO IN CASE OF DEAL TERMINATIONSource text: [ID:n0001193125-25-155862]Reuters
Mon, Jul 7
AM Best: Trisura’s underwriting leverage less elevated after premium growth moderation
By Michael LoneyJuly 7 - (The Insurer) - AM Best has affirmed the ratings of Canadian specialty insurance provider Trisura, noting that recent moderation in premium growth has resulted in underwriting leverage metrics that closely align with industry norms.The A-minus financial strength rating and a...Reuters
Mon, Jul 7
Demand for obesity drugs shoots up in India as Lilly, Novo vie for market share
By Rishika Sadam HYDERABAD, July 7 (Reuters) - Demand for weight-loss drugs is rising at a fast clip in India, where rivals Eli Lilly LLY.N and Novo Nordisk NOVOb.CO are competing for market share, data from research firm Pharmarack showed on Monday.Lilly's Mounjaro, launched in late March, d...Reuters
Mon, Jul 7
US to make several trade announcements in next 48 hours, Treasury secretary says
WASHINGTON, July 7 (Reuters) - The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday."We've had a lot of people change their tune in terms of negotiations. So my mailbox was full last night with a lot of new offers, a lo...Reuters
Mon, Jul 7
Dye & Durham investor Plantro calls for special meeting, urges sale of company, documents show
Plantro targets Dye & Durham board chair for removalSays sale of financial services unit would not solve problemsPlantro says new blood is needed on board to help with saleBy Svea Herbst-Bayliss NEW YORK, July 7 (Reuters) - Canadian legal software maker Dye & Durham's DND.TO second bi...Reuters
Mon, Jul 7
Morning News Call - Canada, July 7
To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-page EX-DIVIDENDSAlimentat...Reuters
Mon, Jul 7
CORRECTED-Singapore case against three on AI chip fraud charges adjourned until Aug 22
By Jun Yuan YongSINGAPORE, June 27 (Reuters) - A Singapore court on Friday adjourned a case against three men charged with fraud by making false representations to unnamed server suppliers until Aug 22.At the hearing, the prosecution said the police would need more time to review new documents and...Reuters
Mon, Jul 7
US servers in Singapore fraud case may contain Nvidia chips, minister says
Singapore investigates fraud case, minister says servers may have contained Nvidia chipsServers supplied by Dell, Super Micro to Singapore-based firms: ministerU.S. probes if DeepSeek has been using restricted Nvidia chipsBy Bing Hong Lok SINGAPORE, March 3 (Reuters) - Servers used in a fraud ca...Reuters
Mon, Jul 7
RPT-BREAKINGVIEWS-China IPOs put chip war battle scars on display
By Robyn Mak HONG KONG, July 7 (Reuters Breakingviews) - Two initial public offerings offer insight into the growing pains of China's chipmakers . Moore Threads and MetaX are raising a combined 12 billion yuan ($1.7 billion) in Shanghai. Sales are surging but are dwarfed by research an...Reuters
Mon, Jul 7
Swiss flight makes unscheduled landing in Germany due to cabin smoke
FRANKFURT, July 7 (Reuters) - Deutsche Lufthansa's LHAG.DE Swiss International Airlines said on Monday that a Zurich-bound flight from Belgrade made an unscheduled landing in Friedrichshafen, Germany, because of light smoke in the rear section of the aircraft's cabin.The landing was "une...Reuters
Mon, Jul 7
Dye & Durham investor Plantro calls for special meeting, urges sale of company, documents show
NEW YORK, July 7 (Reuters) - Canadian legal software maker Dye & Durham's DND.TO second biggest investor, Plantro Ltd, has launched a proxy fight to elect new directors and is pushing for a sale of the company, according to documents seen by Reuters. Plantro Ltd, which owns 11% of Dye & ...Reuters
Mon, Jul 7
