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China's Innogen expects to complete weight-loss drug trials next year
Innogen's experimental drug approved for diabetes treatmentInnovent latest to secure China's approval for weight-loss drug More weight-loss drugs seen coming onto the market, analyst saysLocal competition in weight-loss drug market intensifying By Andrew Silver SHANGHAI, July 1 (Reuters)...Reuters
Tue, Jul 1
Fed rate cut bets rise after Powell doesn't rule out July
July 1 (Reuters) - Financial market bets rose that the Federal Reserve could start interest-rate cuts as soon as this month after Fed Chair Jerome Powell, asked if July was too soon to consider rate cuts, said he "can't say" but that the decision would depend on the economic data. Short-...Reuters
Tue, Jul 1
GIC Re 1947 novates syndicate managing agency to Asta
By Michael JonesJuly 1 - (The Insurer) - Lloyd's has approved the novation of GIC Re's syndicate managing agency to Asta with effect from July 1, 2025, the Davies-owned company said on Tuesday.The agreement relates to the open and prior years of GIC Syndicate 1947. The syndicate was previous...Reuters
Tue, Jul 1
CFC names McLean its chief technology officer
By Michael JonesJuly 1 - (The Insurer) - CFC has appointed Ian McLean as chief technology officer, the company said on Tuesday.In his new position, McLean will be responsible for advancing CFC's technology roadmap.McLean brings over 25 years of experience in scaling technology organisations and ...Reuters
Tue, Jul 1
Governments, multilateral lenders launch push for debt payment pauses
Initiative would allow debt suspension during crises Supported by Spain, Canada, France and BritainSpain's foreign minister suggests clauses could also cover warBy David Latona SEVILLE, Spain, July 1 (Reuters) - A number of wealthy creditor nations and multilateral lenders have launched an in...Reuters
Tue, Jul 1
Spain, World Bank launch debt-swap hub to free development funds
World Bank and Spain launch Global Hub for Debt Swaps at Finance for Development summitHub to help nations replicate deals, issue debt-swaps more quicklySpain contributes 3 million euros to support the HubBy David Latona and Virginia Furness LONDON, July 1 (Reuters) - Spain has partnered with the...Reuters
Tue, Jul 1
Aviva set to complete 3.7 billion pound Direct Line takeover after court sanctions deal
By Rebecca DelaneyJuly 1 - (The Insurer) - Aviva's takeover of Direct Line is set to complete later on Tuesday after the scheme of arrangement that will implement the acquisition was sanctioned in court. The scheme will become effective once the court order is delivered to the Registrar of Compa...Reuters
Tue, Jul 1
Boeing taps veteran insider Parker to lead its defense and space unit
July 1 (Reuters) - Boeing BA.N on Tuesday named veteran insider Stephen Parker as the president and CEO of its defense and space unit, as part of a broad overhaul by CEO Kelly Ortberg to rebuild its reputation, boost production and stabilize finances. Parker, who has been with the U.S. planemaker fo...Reuters
Tue, Jul 1
Deals of the day-Mergers and acquisitions
July 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday: ** Packaging Corp of America said it will buy the containerboard business of peer Greif for $1.8 billion, aimed to increase its capacity for the material c...Reuters
Tue, Jul 1
Swedish Orphan Biovitrum To Amend Agreement With Apellis
July 1 (Reuters) - Swedish Orphan Biovitrum AB (publ) SOBIV.ST:TO AMEND EXISTING AGREEMENT WITH APELLIS FOR EX-U.S. ROYALTIES OF ASPAVELI®SOBI ANNOUNCES CAPPED ROYALTY PURCHASE AGREEMENT WITH APELLISSOBI TO PAY $275 MILLION UPFRONT AND UP TO $25 MILLION IN MILESTONESReuters
Tue, Jul 1
Paramount Global Announces Distribution Agreement With Mediacom Communications
July 1 (Reuters) - Paramount Global PARA.O:MEDIACOM COMMUNICATIONS AND PARAMOUNT GLOBAL ANNOUNCE DISTRIBUTION AGREEMENTPARAMOUNT GLOBAL - TERMS OF AGREEMENT WERE NOT DISCLOSED.PARAMOUNT GLOBAL - MEDIACOM TO OFFER PARAMOUNT+ PREMIUM PLAN TO QUALIFYING CUSTOMERSReuters
Tue, Jul 1
Inspira Technologies Oxy Bhn To Increase Offering Price Of Ordinary Shares Under Sales Agreement From $1.9 Million To $7.1 Million - SEC Filing
Inspira Technologies Oxy BHN Ltd IINN.O:INSPIRA TECHNOLOGIES OXY BHN: TO INCREASE OFFERING PRICE OF ORDINARY SHARES UNDER SALES AGREEMENT FROM $1.9 MILLION TO $7.1 MILLION - SEC FILINGSource text: [ID:n0001213900-25-060004]Reuters
Tue, Jul 1
Columbia to pay $9 million to settle lawsuit over US News college ranking
By Jonathan StempelNEW YORK, July 1 (Reuters) - Columbia University agreed to pay $9 million to settle a proposed class action by students who claimed it submitted false data to boost its position in U.S. News & World Report's influential college rankings.A preliminary settlement, which requ...Reuters
Tue, Jul 1
NEWSMAKER-Dalai Lama has been tireless advocate for Tibet and its people
Dalai Lama's peaceful advocacy for Tibetans has earned him respect worldwideHe may say more about successor around his 90th birthdayChina sees him as a dangerous separatistBy Krishna N. Das DHARAMSHALA, India, June 30 (Reuters) - The Dalai Lama, the spiritual head of Tibetan Buddhism, has oft...Reuters
Tue, Jul 1
Modine Expands Commercial Iaq Portfolio With Acquisition Of Climate By Design International
Modine Manufacturing Co MOD.N:MODINE EXPANDS COMMERCIAL IAQ PORTFOLIO WITH ACQUISITION OF CLIMATE BY DESIGN INTERNATIONALMODINE MANUFACTURING CO - CDI EXPECTED TO BE ACCRETIVE TO EARNINGS BEFORE SYNERGIESReuters
Tue, Jul 1
