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COLUMN-UK growth drive could require reshaping the Treasury: Peacock
By Mike PeacockLONDON, June 20 (Reuters) - UK finance minister Rachel Reeves insists higher economic growth is her top priority, but the government's current plan to address the country's chronically low investment is unlikely to be ambitious enough. What may be needed is a structural rethin...Reuters
Fri, Jun 20
PRESS DIGEST- New York Times business news - June 20
June 20 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump gave TikTok's Chinese owner, ByteDance, more time till September 17 to find a buyer for the app t...Reuters
Fri, Jun 20
China, EU discussed trade remedies, better ties, Chinese commerce ministry say
BEIJING, June 20 (Reuters) - China's and the European Union's trade chiefs had in-depth talks on trade remedy cases such as for electric vehicles, export control and market access, a statement from the Chinese commerce ministry said on Friday. China and the EU also agreed to promote the heal...Reuters
Fri, Jun 20
REFILE-Australia social media teen ban software trial organisers say the tech works
Australia plans to block under-16s from social media in DecemberTrial finds 'no significant tech barriers' to banTrial organisers say age identification software effectiveBy Byron Kaye SYDNEY, June 20 (Reuters) - Some age-checking applications collect too much data and no product works 10...Reuters
Fri, Jun 20
Strathcona supports MEG's strategic alternative process after rejected C$6 billion bid
June 20 (Reuters) - Canadian oil and gas producer Strathcona SCR.TO said on Friday it supports MEG Energy's MEG.TO decision to initiate a strategic alternatives process and explore potential deals after MEG urged shareholders to reject Strathcona's C$6 billion ($4.38 billion) hostile takeove...Reuters
Fri, Jun 20
Softbank's Son pitches $1 trillion US AI hub to TSMC and Trump team, Bloomberg News reports
June 20 (Reuters) - SoftBank Group Corp 9984.T founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing Co 2330.TW to build a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence, Bloomberg News reported on Friday citing people familiar...Reuters
Fri, Jun 20
EU to lift EIB lending limit to 100 billion euros in defence push, sources say
Funding limit of EU's lending arm boosted by over 10 billion euros -sources3.5 billion euros to be spent of defence and security -sourcesIncrease in spending comes days ahead of key NATO meetingBy Marc Jones and Jan Strupczewski LONDON/BRUSSELS, June 20 (Reuters) - EU governments have agreed ...Reuters
Fri, Jun 20
Russia says any use of tactical nuclear weapons by US in Iran would be catastrophic, TASS reports
MOSCOW, June 20 (Reuters) - Potential use of tactical nuclear weapons by the United States in Iran would be a catastrophic development, Russian state news agency TASS quoted Kremlin spokesman Dmitry Peskov as saying on Friday.Peskov was commenting on what he called speculative media reports about t...Reuters
Fri, Jun 20
EIB to allot 70 bln euros for tech sector in 2025-2027-officials
BRUSSELS, June 20 (Reuters) - The European Investment Bank is likely to announce on Friday plans to pump 70 billion euros into the development of European technology firms over the next three years, EU officials said.The programme, called Tech EU, is meant to help Europe compete with China and the U...Reuters
Fri, Jun 20
US court lets Trump keep control of California National Guard for now
Appeals court extends pause on ruling against TrumpCourt says Trump likely acted within authorityNewsom can challenge National Guard use under other lawsBy Dietrich Knauth and Tom Hals WASHINGTON, June 19 (Reuters) - A U.S. appeals court let Donald Trump retain control on Thursday of California&#...Reuters
Fri, Jun 20
Strathcona Responds To Meg Directors' Circular, Supports Meg Strategic Alternatives Process
June 20 (Reuters) - Strathcona Resources Ltd SCR.TO:STRATHCONA RESPONDS TO MEG DIRECTORS' CIRCULAR, SUPPORTS MEG STRATEGIC ALTERNATIVES PROCESSSTRATHCONA RESOURCES LTD: WELCOMES MEG BOARD'S EFFORTS TO MARKET-TEST OFFER AGAINST OTHER ACQUISITION PROPOSALSSTRATHCONA RESOURCES LTD - REMAINS REA...Reuters
Fri, Jun 20
Soccer-Botafogo shock PSG 1-0 at Club World Cup
By Rory CarrollLOS ANGELES, June 19 (Reuters) - Brazil's Botafogo withstood waves of attacks from Paris St Germain to stun the European champions 1-0 on Thursday and throw Group B at the Club World Cup wide open.PSG dominated possession at the Rose Bowl in Pasadena but Botafogo's resolute de...Reuters
Fri, Jun 20
Chinese cyber threat to Europe on par with Russia's, Czech president tells FT
June 20 (Reuters) - China is on par with Russia when it comes to state-sponsored hacking and espionage, Czech President Petr Pavel told the Financial Times in an interview published on Friday. Last month, the Czech Republic accused China of being responsible for a "malicious cyber campaign" ...Reuters
Fri, Jun 20
Israel says it struck dozens of military targets in Iran, including nuclear research site
June 20 (Reuters) - The Israeli military said on Friday it carried out strikes on dozens of military targets in Iran overnight, including an attack on the Organization of Defensive Innovation and Research (SPND), which it said is involved in Iran's nuclear weapons development.Reuters
Fri, Jun 20
BBC threatens legal action against AI start-up Perplexity over content scraping, FT reports
June 20 (Reuters) - UK broadcaster BBC is threatening legal action against AI search engine Perplexity, as it seeks to crack down on tech companies scraping its vast content archives to train artificial intelligence models, the Financial Times reported on Friday. Reuters could not immediately verif...Reuters
Fri, Jun 20
