News
Important Only
Blackstone to consider options for UK's Warehouse REIT bid
July 1 (Reuters) - Blackstone BX.N said on Tuesday it was considering its options regarding its bid for UK's Warehouse REIT WHRW.L after its takeover target agreed to a 485.2 million pound ($666.8 million)deal with Tritax Big Box REIT BBOXT.L last week. The U.S. private equity firm, which had...Reuters
Tue, Jul 1
Atos: lay jury verdict resulted in NY court awarding around $70 mln in damages to be paid by Syntel to Trizetto
July 1 (Reuters) - Atos SE ATOS.PA:NEW YORK COURT AWARDED AROUND $70 MILLION IN DAMAGES TO BE PAID BY SYNTEL TO TRIZETTOTHIS LAY JURY VERDICT WILL NOW BE REVIEWED BY A JUDGEATOS WILL HAVE THE RIGHT TO APPEAL REGARDING THISTHE CASE IN QUESTION STARTED IN 2015 BETWEEN SYNTEL AND TRIZETTO AND PREDATED ...Reuters
Tue, Jul 1
Russia takes full control of Ukraine's Luhansk region, Russian-backed official says
MOSCOW, July 1 (Reuters) - Russia has taken full control of Ukraine's eastern Luhansk region, more than three years after President Vladimir Putin ordered thousands of troops into Ukraine in February 2022, the Russian-backed head of the region told Russian state television.Luhansk, which has an ...Reuters
Tue, Jul 1
Motor racing-Cadillac F1 team managing expectations with limitless ambition
U.S. team will be 11th Formula One entry next yearFacilities on two continents, drivers yet to be namedBy Alan Baldwin SILVERSTONE, England, July 1 (Reuters) - Cadillac principal Graeme Lowdon says Formula One's newest team have limitless ambition, and plenty of funds, but every expectation o...Reuters
Tue, Jul 1
Ofgem Approves £24 Billion To Operate Gas Networks, Upgrade UK Supergrid
July 1 (Reuters) - UK's Ofgem:OFGEM: APPROVES INITIAL £24 BILLION TO OPERATE AND MAINTAIN CRITICAL GAS NETWORKS AND UPGRADE BRITAIN'S ELECTRICITY SUPERGRIDOFGEM: INITIAL £8.9 BILLION INVESTMENT BEING COMMITTED TO BRITAIN’S HIGH-VOLTAGE ELECTRICITY NETWORK, WITH FURTHER £1.3 BILLION READY TO ...Reuters
Tue, Jul 1
Two Chinese chip firms plan $1.7 billion IPOs, bet US export curbs to spur growth
Moore Threads aims to raise 8 billion yuanMetaX plans to raise 3.9 billion yuanCompanies say U.S. export curbs could boost Chinese demand for their processors BEIJING, July 1 (Reuters) - Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan ($1.65 billi...Reuters
Tue, Jul 1
Soccer-Botafogo sack manager Paiva after Club World Cup exit
July 1 (Reuters) - Botafogo have sacked manager Renato Paiva following their Club World Cup exit, the Brazilian club said, despite his side beating Champions League winners Paris St Germain earlier in the competition.Paiva's team went out at the last 16 stage with a 1-0 loss after extra-time to ...Reuters
Tue, Jul 1
Senate vote-a-rama to pass Trump's $3.3 trillion bill extends into second day
Senate marathon voting continues through the nightDemocrats criticize bill for Medicaid cutsSenate Republicans face internal divisions over debt impactRand Paul opposes bill due to $5 trillion borrowing limit hikeMusk says he'll target bill-backers in 2026 mid-term electionBy David Morgan, Richa...Reuters
Tue, Jul 1
Landmark EU tech rules holding back innovation, Google says
BRUSSELS, July 1 (Reuters) - Alphabet's GOOGL.O Google will on Tuesday warn EU antitrust regulators and its critics that landmark European Union rules aimed at reining in Big Tech are hampering innovation to the detriment of European users and businesses.
Reuters
Tue, Jul 1
EXCLUSIVE-Most packaged food in Kenya would need health warning label under new rules, report says
By Jennifer Rigby LONDON, July 1 (Reuters) - Almost all of the packaged food and drink sold in Kenya by local and international companies would require a health warning label under newly drafted government rules, according to an independent report shared with Reuters. Kenya released its nutrient ...Reuters
Tue, Jul 1
Xpeng Inc Delivers 34,611 Vehicles In June, Up 224% Yoy
July 1 (Reuters) - Xpeng Inc 9868.HK:XPENG ANNOUNCES VEHICLE DELIVERY RESULTS FOR JUNE AND FIRST HALF 2025XPENG INC - DELIVERS 34,611 VEHICLES IN JUNE, UP 224% YOYXPENG INC - ACHIEVES RECORD QUARTERLY DELIVERIES OF 103,181 UNITS IN Q2 2025Reuters
Tue, Jul 1
BREAKINGVIEWS-Why Trump’s trade assault will fail and keep going: podcast
By Peter Thal Larsen LONDON, July 1 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast US trade partners are bracing for another presidential tariff deadline. In this episode of The Big View podcast, ...Reuters
Tue, Jul 1
KKR-backed Ascend Asia buys finexis advisory firm in Singapore
SINGAPORE, July 1 (Reuters) - Private equity firm KKR & Co Inc KKR.N said on Monday that its Ascend Asia Financial Services Group is acquiring a financial advisory firm called finexis in Singapore.No financial details were disclosed in the statement on the acquisition of finexis, which was estab...Reuters
Tue, Jul 1
US narrows trade focus to secure deals before Trump's tariff deadline, FT reports
July 1 (Reuters) - Top U.S. trade officials are now seeking narrower agreements with other countries to secure deals before President Donald Trump's July 9 tariff deadline, the Financial Times reported on Tuesday, citing people familiar with the talks.Countries that agree on narrower deals would...Reuters
Tue, Jul 1
Russia says it downs 60 Ukrainian drones overnight
July 1 (Reuters) - Russia's air defence units destroyed 60 Ukrainian drones overnight, the Russian defence ministry said on Tuesday. Most of the drones were destroyed over regions in southwest Russia and over the Crimean Peninsula, the Black Sea and the Sea of Azov, it said.Reuters
Tue, Jul 1
