News
Important Only
German foreign ministry summons Iranian ambassador over alleged spy
BERLIN, July 1 (Reuters) - Germany's foreign ministry said it had summoned the Iranian ambassador on Tuesday after a man was arrested on suspicion of spying for Iran with the aim of collecting information on Jewish sites and individuals in Berlin."We will not tolerate any threat to Jewish li...Reuters
Tue, Jul 1
Tennis-Seventh seed Musetti tumbles out of Wimbledon
LONDON, July 1 (Reuters) - There will be no repeat of last year's semi-final run for Italian seventh seed Lorenzo Musetti after he was dumped out in Wimbledon's first round by Georgian qualifier Nikoloz Basilashvili on Tuesday.Musetti, playing his first match since retiring in the French Ope...Reuters
Tue, Jul 1
Georgia Power Says Georgia PSC Approves Plan To Freeze Co's Base Rates Through At Least 2028
July 1 (Reuters) - Georgia Power:GEORGIA PSC APPROVES PLAN TO FREEZE GEORGIA POWER BASE RATES THROUGH AT LEAST 2028GEORGIA POWER: PLANS TO SEEK RECOVERY OF HURRICANE HELENE COSTS THROUGH BASE RATESGEORGIA POWER - SEPARATE GEORGIA PSC PROCEEDING EXPECTED IN FIRST HALF OF 2026Reuters
Tue, Jul 1
Spain proposes bans on concert ticket scalping, fuel advertising
MADRID, July 1 (Reuters) - Spain's government on Tuesday unveiled a draft bill aimed at promoting sustainable consumption and reducing prices, which would ban practices such as reselling concert tickets for profit and advertising fossil fuels, or cars powered by them. "This government's...Reuters
Tue, Jul 1
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
