News
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France's Capgemini to buy business transformation firm WNS for $3.3 billion
July 7 (Reuters) - French IT services firm Capgemini CAPP.PA has agreed to buy business transformation and services company WNS WNS.N for a cash payment of $3.3 billion, it said on Monday.The price translating to $76.50 per WNS share represents a 17% premium compared to the last closing price on Jul...Reuters
Mon, Jul 7
Three children among 23 wounded in Russia's drone attack on Kharkiv, Ukraine says
July 7 (Reuters) - At least three children were among 20 people wounded as a result of a Russian drone attack on Ukraine's second-largest city of Kharkiv overnight that damaged apartments and a kindergarten, Ukrainian authorities said on Monday. Kharkiv, which lies in northeastern Ukraine near t...Reuters
Mon, Jul 7
Indosat Ooredoo Hutchison, Nokia Partner To Reduce Energy Demand, Support AI-Powered, Sustainable Operations
July 7 (Reuters) - Nokia Oyj NOKIA.HE:INDOSAT OOREDOO HUTCHISON AND NOKIA PARTNER TO REDUCE ENERGY DEMAND AND SUPPORT AI-POWERED, SUSTAINABLE OPERATIONSNOKIA ENERGY EFFICIENCY WILL ENABLE INDOSAT OOREDOO HUTCHISON TO SHUT IDLE AND UNUSED RADIO EQUIPMENT AUTOMATICALLYReuters
Mon, Jul 7
Jio BlackRock raises more than $2.1 billion through debut new fund offer
July 7 (Reuters) - Jio BlackRock Asset Management, a joint venture between India's Jio Financial Services JIOF.NS and U.S.-based BlackRock BLK.N, said on Monday it has raised more than 178 billion rupees (about $2.1 billion) through its first new fund offer. ($1 = 85.7140 Indian rupees)Reuters
Mon, Jul 7
Capgemini To Acquire WNS For Total Cash Consideration Of $3.3 Bln
July 7 (Reuters) - Capgemini SE CAPP.PA:REG-CAPGEMINI TO ACQUIRE WNS TO CREATE A GLOBAL LEADER IN AGENTIC AI-POWERED INTELLIGENT OPERATIONSTO BUY WNS FOR $76.50 PER SHAREDEAL APPROVED BY BOARDS, EXPECTED TO CLOSE BY YEAR-ENDDEAL ACCRETIVE TO CAPGEMINI'S REVENUE AND OPERATING MARGINEXPECTED EPS A...Reuters
Mon, Jul 7
BREAKINGVIEWS-Some dos and don’ts for Europe’s defence buildup
By Hugo Dixon LONDON, July 7 (Reuters Breakingviews) - Now that European members of NATO have pledged to spend 5% of their national output on defence, they need some principles on how to deploy the cash. These include cutting reliance on the United States fast, integrating their fragmented indust...Reuters
Mon, Jul 7
RPT-ANALYSIS-Tariffs, geopolitics drag on European IPOs, even as funds flow in
European IPO numbers, values down so far this yearRecent shelved listings include Brainlab, Stada, and AutodocMarkets could see wave of IPOs post-summer, advisers sayBy Charlie Conchie and Emma-Victoria Farr LONDON/FRANKFURT, July 4 (Reuters) - Tariffs and Middle East turmoil are spooking Eur...Reuters
Mon, Jul 7
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
Jefferies flags potential hit to Indian derivatives volumes as SEBI bars US trader Jane Street
** Jefferies flags potential negative impact on Indian derivative volumes as the local markets regulator bans U.S. trading company Jane Street** The securities regulator last week barred Jane Street from the market, saying a preliminary investigation found evidence it manipulated stock indexes** Jan...Reuters
Mon, Jul 7
REFILE-Airtel founder Mittal, Warburg Pincus eye 49% stake in Haier India, Business Standard reports
July 7 (Reuters) - Sunil Mittal, the billionaire-founder of Indian telecom operator Bharti Airtel BRTI.NS, and private equity firm Warburg Pincus have submitted a bid to acquire a 49% stake in Haier India at a steep discounted valuation of $720 million, Business Standard newspaper reported on Monday...Reuters
Mon, Jul 7
Indonesia's top negotiator to visit U.S. on Monday ahead of tariffs deadline, official says
JAKARTA, July 7 (Reuters) - Indonesia's senior economic minister Airlangga Hartarto, the country's main negotiator for U.S. tariff talks, is scheduled to go to the United States on Monday, an official told Reuters. Airlangga is currently in Brazil for the BRICS conference accompanying Presid...Reuters
Mon, Jul 7
South Korea court to hold July 9 hearing on ex-leader Yoon's detention warrant
SEOUL, July 7 (Reuters) - A Seoul court plans to hold a hearing on Wednesday to review a request by special prosecutors to detain former South Korean President Yoon Suk Yeol, a court official said on Monday. The special counsel team investigating Yoon's martial law declaration in December has fi...Reuters
Mon, Jul 7
UK firms lose taste for US investment, Deloitte survey shows
By Andy Bruce July 7 (Reuters) - The attractiveness of the United States as an investment destination has plunged in the eyes of British business executives who now see opportunities closer to home, a survey showed on Monday.Deloitte's survey of chief financial officers at major British firms...Reuters
Mon, Jul 7
Trump says alignment with BRICS' 'anti-American policies' to invite additional 10% tariffs
July 6 (Reuters) - U.S. President Donald Trump on Sunday said that countries aligning themselves with the "Anti-American policies" of BRICS, will be charged an additional 10% tariff."Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 1...Reuters
Mon, Jul 7
Trump says tariff letters to go out to other countries from Monday afternoon
July 6 (Reuters) - President Donald Trump said late on Sunday that the U.S. will start delivering tariff letters to other countries starting 12:00 pm ET (1600 GMT) on Monday."I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the Worl...Reuters
Mon, Jul 7
PRESS DIGEST- Financial Times - July 7
July 7 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Mining boss calls for price support to challenge China's critical minerals dominance- Ministers to launch 500 million pound scheme ...Reuters
Mon, Jul 7
