News
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Billionaire Richard Li's FWD Group seeks to raise $442 million in Hong Kong IPO
Mubadala Capital and T&D Holdings subsidiary invest in FWD's IPOFWD's third IPO attempt follows previous regulatory and market challengesBy Scott Murdoch June 26 (Reuters) - Insurer FWD Group 1828.HK, backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 milli...Reuters
Thu, Jun 26
American Foreign Service Association urges State Dept to halt planned layoffs amid litigation
About 2,000 people expected to be laid off from State DepartmentSources say layoffs could be announced next week, AFSA head says State Department won't issue layoff notices as scheduled, Justice lawyer saysBy Humeyra Pamuk WASHINGTON, June 25 (Reuters) - The American Foreign Service Associati...Reuters
Thu, Jun 26
The latest US foray into military action has a name: The Trump Doctrine
Doctrine calls for using "overwhelming military power" but avoiding protracted conflictsTrump faces pressure to explain US attacks on Iran's nuclear programToo soon to declare Trump's Iran strategy a success or failure, analyst saysBy Steve Holland and David Brunnstrom WASHINGTON,...Reuters
Thu, Jun 26
Iovance Biotherapeutics Says Confirming Resignation Of Chief Financial Officer Jean-Marc Bellemin, Effective July 10, 2025
June 25 (Reuters) - Iovance Biotherapeutics Inc IOVA.O:IOVANCE BIOTHERAPEUTICS INC - CONFIRMING RESIGNATION OF CHIEF FINANCIAL OFFICER JEAN-MARC BELLEMIN, EFFECTIVE JULY 10, 2025Reuters
Thu, Jun 26
Spiridis follows Dunn from Aon to Marsh as US project risk leader
By David BullJune 25 - (The Insurer) - Christopher Spiridis has joined Marsh as US project risk leader from Aon, where he was most recently national project solutions leader for the broker’s construction business.According to sources with knowledge of the situation, he will report to Jim Dunn, who m...Reuters
Thu, Jun 26
Mars' $36 billion Kellanova deal gets US antitrust approval as EU opens investigation
US antitrust regulators clear deal, say it is not an anticompetitive mergerEU raises concerns about combined company's power in negotiations with retailersMars optimistic can close transaction towards the end of 2025By Foo Yun Chee and Benoit Van Overstraeten BRUSSELS, June 25 (Reuters) - Can...Reuters
Thu, Jun 26
Sizzling Platter Says Bain Capital Private Equity Has Priced $500 Million In Aggregate Principal Amount Of 9.500% Senior Secured Notes Due 2032
June 25 (Reuters) - SIZZLING PLATTER - BAIN CAPITAL PRIVATE EQUITY HAS PRICED $500 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 9.500% SENIOR SECURED NOTES DUE 2032Reuters
Thu, Jun 26
Meta fends off authors' US copyright lawsuit over AI
June 25 (Reuters) - A federal judge ruled on Wednesday for Meta Platforms META.O against a group of authors who had argued that its use of their books without permission to train its artificial intelligence system infringed their copyrights.Reuters
Thu, Jun 26
Harvard scientist accused of smuggling frog embryos indicted on new charges
By Nate Raymond BOSTON, June 25 (Reuters) - A Russian-born scientist at Harvard University accused of smuggling frog embryos into the United States was indicted on Wednesday on additional charges nearly two weeks after her lawyers secured her release from U.S. custody.Federal prosecutors in Bosto...Reuters
Thu, Jun 26
DIARY-Top Economic Events to August 29
June 26 (Reuters) - For other diaries, please see: Top Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYPolitical and General News POL/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY-------...Reuters
Thu, Jun 26
DIARY-Emerging Markets Economic Events to August 29
June 26 (Reuters) - For other diaries, please see:Top Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYPolitical and General News POL/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY---------...Reuters
Thu, Jun 26
Mamdani's stunning upset in New York's Democratic mayoral primary carries risks, rewards for national Democrats
Republicans attack Mamdani, seeking to hurt Democrats in midtermsMamdani's campaign focused on affordability, energized young votersMamdani would be city's first Muslim mayorBy Joseph Ax and Maria Tsvetkova NEW YORK, June 25 (Reuters) - Self-described democratic socialist Zohran Mamdani&#...Reuters
Wed, Jun 25
Mexico's top court orders release of Ayotzinapa missing students case file
MEXICO CITY, June 25 (Reuters) - Mexico's Supreme Court on Wednesday ordered the attorney general's office to release a public version of its investigation file into the 2014 disappearance of 43 students from the Ayotzinapa Rural Teachers College, one of the country's worst human rights ...Reuters
Wed, Jun 25
Microsoft and OpenAI dueling over artificial general intelligence, The Information reports
June 25 (Reuters) - Microsoft MSFT.O and OpenAI are at odds over a contractual provision related to artificial general intelligence, The Information reported on Wednesday.Under the current terms, when OpenAI achieves AGI, Microsoft's access to such a technology would be void. Microsoft wants Ope...Reuters
Wed, Jun 25
Ecuador recaptures gang leader 'Fito' indicted by U.S.
GUAYAQUIL, June 25 (Reuters) - Ecuador's most-wanted fugitive, the leader of the Los Choneros criminal group, has been recaptured after escaping jail last year, President Daniel Noboa said on Wednesday.Jose Adolfo Macias, known as "Fito," disappeared from the Guayaquil prison where he wa...Reuters
Wed, Jun 25
Delek Logistics Partners Announces Pricing Of Upsized Offering Of $700 Million Of Senior Notes
June 25 (Reuters) - Delek Logistics Partners LP DKL.N:DELEK LOGISTICS PARTNERS, LP ANNOUNCES PRICING OF UPSIZED OFFERING OF $700 MILLION OF SENIOR NOTESDELEK LOGISTICS PARTNERS LP: PRICED AN UPSIZED OFFERING OF $700 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 7.375% SENIOR NOTES DUE 2033Reuters
Wed, Jun 25
Trump considers naming next Fed chair early, WSJ reports
June 25 (Reuters) - U.S. President Donald Trump has toyed with the idea of selecting and announcing Federal Reserve Chair Jerome Powell's replacement by September or October, the Wall Street Journal reported on Wednesday citing people familiar with the matter.Reuters
Wed, Jun 25
