News
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France's Macron calls tariffs imposed by powerful countries a form of 'blackmail'
June 30 (Reuters) - French President Emmanuel Macron said on Monday that tariffs levied by powerful countries were often a form of "blackmail" rather than instruments to rebalance trade.His comments during a speech at the International Conference on Financing for Development in Seville, Spai...Reuters
Mon, Jun 30
Amgen says gastric cancer drug meets main goal in late-stage trial
By Kamal Choudhury June 30 (Reuters) - Amgen AMGN.O said on Monday its experimental therapy helped patients with advanced gastric cancer live longer when combined with chemotherapy, according to interim data from a late-stage study. The antibody drug, bemarituzumab, was acquired as part of Am...Reuters
Mon, Jun 30
Swiss privacy tech firm Proton sues Apple in US over app store rules
By Mike Scarcella June 30 (Reuters) - Swiss privacy software company Proton on Monday sued Apple AAPL.O in U.S. federal court, accusing the technology giant of maintaining an illegal stranglehold on iPhone app distribution and charging excessive commissions to app developers.Proton, which provide...Reuters
Mon, Jun 30
Roberts: FM building new products to weather soft cycles amid unprecedented 'light switch' property market conditions
By James ThalerJune 29 - (The Insurer) - FM CEO Malcolm Roberts said developing new products will allow the mutual to better weather soft cycles as he described the current property insurance market as experiencing unprecedented volatility, noting he's never seen conditions change so dramaticall...Reuters
Mon, Jun 30
AbbVie to buy Capstan for up to $2.1 billion in immunology push
By Christy SanthoshJune 30 (Reuters) - AbbVie ABBV.N said on Monday it would acquire privately held cell therapy developer Capstan Therapeutics in a deal worth up to $2.1 billion, expanding its product pipeline with experimental treatments for autoimmune diseases.The U.S. drugmaker has spent over $2...Reuters
Mon, Jun 30
US Senate debates whether to adopt revised state AI regulation ban
By David Shepardson WASHINGTON, June 30 (Reuters) - Two key U.S. Republican senators agreed to a revised federal moratorium on state regulation of artificial intelligence to five years and allow states to adopt rules on child online safety and protecting artists' image or likeliness. Sena...Reuters
Mon, Jun 30
US FDA eliminates risk evaluation, mitigation strategies for CAR-T cancer therapies (June 27)
By Siddhi Mahatole June 27 (Reuters) - The U.S. Food and Drug Administration said on Friday it had eliminated risk evaluation and mitigation strategies (REMS), a safety program to protect patients from risky drugs, for currently approved CAR-T cell immunotherapies.REMS is required by the FDA to e...Reuters
Mon, Jun 30
Lamb Weston settles with Jana, giving activist big voice on board
Settlement avoids bruising proxy fightJana executive joins Lamb Weston boardBoard to grow to 13 members, up from 11By Svea Herbst-Bayliss NEW YORK, June 30 (Reuters) - Lamb Weston LW.N reached a settlement with Jana Partners which gives the activist investor a big presence on the french-fry maker...Reuters
Mon, Jun 30
US Supreme Court to hear challenge to campaign spending curbs in JD Vance case
Curbs on spending coordinated between parties, candidatesLower court upheld federal limits on coordinated spendingVance sued when he was running for the US Senate in OhioBy John KruzelWASHINGTON, June 30 (Reuters) - The U.S. Supreme Court agreed on Monday to hear a Republican-led challenge on free s...Reuters
Mon, Jun 30
Air Liquide To Invest Max. $200 Million In Louisiana, U.S. To Support Industrial Growth
June 30 (Reuters) - L'Air Liquide Societe Anonyme Pour l'etude Et l'exploitation Des Procedes George AIRP.PA:INVEST UP TO $200 MILLION IN LOUISIANA, U.S. TO SUPPORT INDUSTRIAL GROWTHCONSTRUCTION IS EXPECTED TO BE COMPLETED IN EARLY 2027INVESTMENT ALSO INCLUDES EXPANSION OF PIPELINE INFRA...Reuters
Mon, Jun 30
EU trade chief bound for US, seeking deal fair for both sides
Trump has set July 9 deadline for trade dealsEU trade chief set for talks on Wednesday, ThursdayEU says its tech rules are not on negotiating tableBy Foo Yun Chee and Philip Blenkinsop BRUSSELS, June 30 (Reuters) - The European Union's trade chief will hold negotiations this week in Washi...Reuters
Mon, Jun 30
ADVISORY-Alert wrongly tagged to Accel SAB de CV withdrawn
An alert on AI company Campfire raising $35 million in funding was incorrectly tagged to Mexico-based logistics firm Accel SAB de CV ACCELSAB.MX, an unrelated company, and has been withdrawn.There will be no substitute.STORY_NUMBER:nTUA6PLFWXSTORY_DATE:30/06/2025STORY_TIME:03:30 PM GMTReuters
Mon, Jun 30
FM engineering approach avoided $1 trillion of potential losses in 2024, says Roberts
By James ThalerJune 29 - (The Insurer) - FM Global's engineering-focused approach helped clients eliminate $1 trillion in potential losses last year, its CEO Malcolm Roberts told The Insurer, enabling the company to announce a $1 billion membership credit launched in May.The mutual insurance com...Reuters
Mon, Jun 30
California judge finds that FAIR Plan's smoke damage coverage violates state insurance code
By Isha MaratheJune 30 - (The Insurer) - A Los Angeles judge ruled that California's insurer of last resort, the FAIR Plan Association, provides less coverage for smoke damage than is required under the state’s standard form fire insurance policyPlaintiff Jay Aliff sued the California FAIR Plan...Reuters
Mon, Jun 30
China Evergrande New Energy Vehicle Says Co Requires Additional Time To Prepare Circular
June 30 (Reuters) - China Evergrande New Energy Vehicle 0708.HK:COMPANY REQUIRES ADDITIONAL TIME TO PREPARE AND FINALIZE INFORMATION TO BE CONTAINED IN CIRCULARDATE OF CIRCULAR EXPECTED TO BE FURTHER DELAYED FROM 30 JUNE TO DATE FALLING ON OR BEFORE WEDNESDAY, 30 JULYREFERS TO CONTINUING CONNECTED T...Reuters
Mon, Jun 30
Israel's Cato Networks valued at over $4.8 billion in latest funding round
Cato Networks plans to expand global footprint with new fundsFunding led by Vitruvian Partners and ION Crossover PartnersPotential IPO anticipated for 2025, sources sayBy Prakhar SrivastavaJune 30 (Reuters) - Israel's Cato Networks said on Monday it had raised $359 million in a funding round, va...Reuters
Mon, Jun 30
US Supreme Court rejects American Airlines appeal of ruling barring JetBlue alliance
Lower court found partnership violated antitrust lawLawsuit was brought during Biden administrationBy Nate Raymond June 30 (Reuters) - The U.S. Supreme Court rejected on Monday a request by American Airlines AAL.O to overturn a judicial decision that found that the company's now-scrapped U.S....Reuters
Mon, Jun 30
