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PRESS DIGEST-Financial Times - June 19
June 19 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK's Starmer puts UK cabinet on alert for potential US attack on Iran- UK's Reeves hires Alex Depledge as UK entrepreneurship ...Reuters
Thu, Jun 19
ANALYSIS-Southeast Asia's budget airlines bet on travel demand, despite competition woes
Qantas shut down Singapore-based Jetstar Asia due in part to higher costsRivals like VietJet and AirAsia have big plane orders, expansion plansAirline margins in Asia are thinner than other regions - IATABy Lisa Barrington SEOUL, June 19 (Reuters) - Southeast Asia's biggest budget airlines ar...Reuters
Thu, Jun 19
Alibaba Will Launch Second Data Centre In South Korea by End of June - Statement
June 19 (Reuters) - Alibaba Group Holding Ltd 9988.HK:ALIBABA: WILL LAUNCH ITS SECOND DATA CENTRE IN SOUTH KOREA BY END OF JUNE -STATEMENTALIBABA: THIS LAUNCH IS IN RESPONSE TO THE ANTICIPATED DEMAND FOR AI INFRASTRUCTURESource text: [ID:]Reuters
Thu, Jun 19
Nippon Steel CEO Hashimoto: Agreement With U.S. Government Over Our U.S. Steel Acquisition Deal Is Satisfactory
June 19 (Reuters) - Nippon Steel Corp 5401.T CEO Eiji Hashimoto:AGREEMENT WITH U.S. GOVERNMENT OVER OUR U.S. STEEL ACQUISITION ENSURES TWO ESSENTIAL ELEMENTS: MANAGEMENT AUTONOMY AND PROFITABILITYU.S. STEEL'S REVITALISATION PLANS AND NEW INVESTMENT PLANS HAVE LARGELY BEEN COMPLETEDAGREEMENT WITH...Reuters
Thu, Jun 19
PRESS DIGEST-British Business - June 19
June 19 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- AO World AO.L CEO John Roberts has warned that the electricals retailer could shut its loss-making contract mobi...Reuters
Thu, Jun 19
US officials preparing for possible strike on Iran in coming days, Bloomberg reports
WASHINGTON, June 18 (Reuters) - Senior U.S. officials are preparing for the possibility of a strike on Iran in the coming days, Bloomberg News reported on Wednesday, citing people familiar with the matter.The report, citing the people, noted that the situation is still evolving and could change. Som...Reuters
Thu, Jun 19
JGBs rise as stocks slip, investors await five-year debt auction
By Rocky SwiftTOKYO, June 19 (Reuters) - Japanese government bonds crept higher on Thursday, supported by a decline in domestic shares and caution ahead of a five-year debt auction.The five-year yield JP5YTN=JBTC fell 1.5 basis points (bps) to 0.99%. The 10-year yield JP10YTN=JBTC slipped 1 bp to 1....Reuters
Thu, Jun 19
Trump administration tightens social media vetting for foreign students
U.S. will now impose much stricter social media vetting for visa applicantsUS missions abroad can resume visa processing for studentsAppointments were suspended in MayApplicants required to make social media profiles publicBy Humeyra Pamuk WASHINGTON, June 18 (Reuters) - President Donald Trump...Reuters
Thu, Jun 19
U.S. president Trump targets Powell amid push to name successor
On Wednesday, the US Federal Reserve voted to leave interest rates unchanged for the seventh consecutive meeting, maintaining its benchmark rate in the range of 4.25% to 4.5%. US President Donald Trump will announce the successor to Fed Chair Jerome Powell, whose term ends in 2026, although...Cryptopolitan
Thu, Jun 19
Exxonmobil Says Recommends Shareholders Take No Action On TRC Offer
June 18 (Reuters) - Exxon Mobil Corp XOM.N:EXXONMOBIL RECOMMENDS SHAREHOLDERS REJECT BELOW-MARKET MINI-TENDER OFFER BY TRC CAPITAL INVESTMENT CORPORATIONEXXON MOBIL CORP - EXXONMOBIL RECOMMENDS SHAREHOLDERS REJECT TRC CAPITAL MINI-TENDER OFFEREXXON MOBIL CORP - EXXONMOBIL RECOMMENDS SHAREHOLDERS TAK...Reuters
Thu, Jun 19
WRAPUP 15-Trump keeps world guessing about US military action against Iran
LATEST DEVELOPMENTS:'I may do it. I may not do it,' Trump says on joining attacks Netanyahu says Israel 'progressing step by step' towards eliminating Iranian nuclear, missile threatsPutin: Don't want to discuss possibility of Iran leader killing Iran to impose temporary restrict...Reuters
Thu, Jun 19
US safety board wants warnings on Boeing 737 MAX engines over smoke entering cockpit
Recommendation comes after two incidents on Southwest AirlinesNTSB evaluating potential for same issue with CFM engines used on some Airbus, COMAC jetsSouthwest incidents involved bird strikesBy David Shepardson WASHINGTON, June 18 (Reuters) - The National Transportation Safety Board issued an ur...Reuters
Wed, Jun 18
US FDA approves Gilead's twice-yearly injection for HIV prevention
Lenacapavir was nearly 100% effective in preventing HIV in trialsGilead plans rapid US launch at annual list price of $28,218PEPFAR cuts under Trump raise concern over rollout in low-income countriesBy Deena Beasley and Julie Steenhuysen June 18 (Reuters) - The U.S. Food and Drug Administration o...Reuters
Wed, Jun 18
US judge invalidates Biden rule protecting privacy for abortions
By Daniel Wiessner June 18 (Reuters) - A federal judge on Wednesday struck down a rule adopted by the administration of former President Joe Biden that strengthened privacy protections for women seeking abortions and patients who receive gender transition treatments.U.S. District Judge Matthew Ka...Reuters
Wed, Jun 18
Malaysia trade ministry probing reports of Chinese firm's use of Nvidia AI chips
KUALA LUMPUR, June 18 (Reuters) - Malaysia's trade ministry is verifying media reports that a Chinese company in the country is using servers equipped with Nvidia NVDA.O and artificial intelligence chips for large language models training, it said on Wednesday. The ministry "is still in the ...Reuters
Wed, Jun 18
Conservative group sues Michigan Law Review, claiming racial discrimination
By Karen Sloan June 18 (Reuters) - A conservative legal group sued the University of Michigan’s flagship law journal on Wednesday, claiming its process for selecting student editors and scholarly articles illegally discriminates against heterosexual white men by giving preference to women, minori...Reuters
Wed, Jun 18
