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Spain will meet NATO's new capabilities targets but current spending 'sufficient', PM says
MADRID, June 25 (Reuters) - Spain will meet the new capabilities targets agreed by NATO members in Wednesday's summit in The Hague but it considers its current defence spending of 2% of GDP as "sufficient, realistic and compatible with the welfare state", Spanish Prime Minister Pedro San...Reuters
Wed, Jun 25
Gilead signs up to $750 million cancer drug deal with Kymera Therapeutics
June 25 (Reuters) - Gilead Sciences GILD.O has entered into an option and license deal with Kymera Therapeutics KYMR.O to support the development and sales of a class of cancer drugs, the companies said on Wednesday.As part of the deal, Gilead would pay as much as $750 million, including up to $85 m...Reuters
Wed, Jun 25
Ascot Announces Strategic Review Process
June 25 (Reuters) - Ascot Resources Ltd AOT.TO:ASCOT ANNOUNCES STRATEGIC REVIEW PROCESSASCOT RESOURCES LTD - NEGOTIATIONS WITH PROCON MINING UNSUCCESSFULASCOT RESOURCES LTD - MILL OPERATION DELAYED BEYOND EARLY AUGUSTASCOT RESOURCES LTD - TO PLACE PREMIER GOLD PROJECT ON CARE AND MAINTENANCEASCOT RE...Reuters
Wed, Jun 25
Spain is serious about defence spending target, NATO's Rutte says
THE HAGUE, June 25 (Reuters) - Spain is serious about the defence spending target, NATO chief Mark Rutte told reporters on Wednesday.Rutte's comments came after Spanish leaders said they did not expect their country to face repercussions from a decision not to meet a defence spending target of 5...Reuters
Wed, Jun 25
EU revamps regulations for expanding space market
BRUSSELS, June 25 (Reuters) - The European Commission on Wednesday put forward the EU Space Act, a long-awaited overhaul of regulations affecting its fast-growing space industry.The legislation aims to create a single market for firms offering space services in the bloc while boosting efforts to be ...Reuters
Wed, Jun 25
OpenAI says China's Zhipu AI gaining ground amid Beijing's global AI push
June 25 (Reuters) - OpenAI said on Wednesday its analysts have seen notable progress by Chinese start-up Zhipu AI in securing government contracts across several regions, signaling China's growing momentum in pursuing global AI leadership.Zhipu AI, which is backed by the Chinese Communist Party,...Reuters
Wed, Jun 25
FortressFire, BMS and Epic partner on fine art wildfire insurance program
By David BullJune 25 - (The Insurer) - Wildfire analytics firm FortressFire has partnered with BMS Group and Epic to launch a fine art and collections wildfire insurance program aimed at providing coverage to property owners with collections valued at between $5 million and $250 million.The launch c...Reuters
Wed, Jun 25
Bumble Inc To Reduce Global Workforce By 30%
June 25 (Reuters) - Bumble Inc BMBL.O:BUMBLE INC - TO REDUCE GLOBAL WORKFORCE BY 30% - SEC FILINGBUMBLE INC - EXPECTS $13M-$18M IN NON-RECURRING CHARGES - SEC FILINGBUMBLE INC - CHARGES EXPECTED IN Q3 AND Q4 2025 - SEC FILINGBUMBLE INC - UPDATES Q2 2025 REVENUE OUTLOOK TO $244M-$249M - SEC FILINGBUM...Reuters
Wed, Jun 25
Santander to sell seven Pennsylvania branches to Community Bank
June 25 (Reuters) - Santander SAN.MC said on Wednesday it had agreed to sell seven branches in the Allentown, Pennsylvania area to U.S.-based Community Bank CBU.N as the Spanish lender pivots towards becoming a digital-first bank in the United States.Santander launched Openbank in the U.S. market la...Reuters
Wed, Jun 25
