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Tennis-Third seed Pegula tumbles out of Berlin Open, lucky loser Jabeur marches on
BERLIN, June 18 (Reuters) - Third seed and defending champion Jessica Pegula tumbled out in the last 16 of the Berlin Open on Wednesday, losing to 2021 champion Liudmila Samsonova 6-7(8) 7-5 7-6(5) in a marathon match that lasted three hours and 21 minutes.The Russian, who will face either Poland...Reuters
Wed, Jun 18
US FDA approves Gilead's twice-yearly injection for HIV prevention
By Deena Beasley and Julie SteenhuysenJune 18 (Reuters) - The U.S. Food and Drug Administration on Wednesday approved Gilead Sciences' GILD.O lenacapavir, a twice-yearly injection, for preventing HIV infection in adults and adolescents.Gilead said the drug will be sold under the brand name Yeztu...Reuters
Wed, Jun 18
EXCLUSIVE-Pernod Ricard launches restructuring plan as spirits sales slide
Company plans to group brands into two divisions, slides showRestructuring will bring job cuts, sources saySales hit by inflation, tariffs and economic concernsBy Tassilo Hummel and Emma Rumney PARIS/LONDON, June 18 (Reuters) - Pernod Ricard PERP.PA is streamlining its business by grouping brands...Reuters
Wed, Jun 18
Leverage relief over bond carve-out set to underwhelm US Treasury market
Fed eyes changes to leverage ratioLower capital requirements may not be enough to boost TreasuriesSwap spreads tighter on WednesdayBy Davide Barbuscia NEW YORK, June 18 (Reuters) - U.S. Treasury market participants hoping for a long-awaited shift in bank leverage rules may be in for a letdown if ...Reuters
Wed, Jun 18
Soccer-Foden and Doku power second-string Man City past Wydad
By Fernando KallasPHILADELPHIA, June 18 (Reuters) - Manchester City began their Club World Cup campaign with a comfortable 2-0 victory over Morocco’s Wydad Casablanca in their Group G opener on Wednesday, courtesy of first-half goals from Phil Foden and Jeremy Doku.Manager Pep Guardiola opted to res...Reuters
Wed, Jun 18
U.S. RESEARCH ROUNDUP-American Airlines, Jabil, Lennar
June 18 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including American Airlines, Jabil and Lennar, on Wednesday. HIGHLIGHTS * American Airlines AAL.O: Bernstein cuts target price to $14 from $15* Jabil Inc JBL.N:...Reuters
Wed, Jun 18
Waymo brings its cars to NYC for testing, applies for autonomous driving permit
June 18 (Reuters) - Alphabet's GOOGL.O self-driving unit Waymo said on Wednesday its vehicles will be back in New York City next month for autonomous testing, as it continues to scale operations in the U.S.The race to deploy robotaxis is picking up pace as Waymo expands testing and Tesla TSLA.O ...Reuters
Wed, Jun 18
Jennifer Garner's baby food company confidentially files for an IPO, sources say
IPO could value Once Upon a Farm at $1 billion, source saysIPO market in U.S. shows signs of recovery, raising $27 billion YTDCompany has hired Goldman and JPMorgan to lead the IPOBy Echo Wang, Abigail Summerville June 18 (Reuters) - Once Upon a Farm, the organic baby food company co-founded by a...Reuters
Wed, Jun 18
Mexico's Fibra Next targets $422 million after reviving stalled IPO
MEXICO CITY, June 18 (Reuters) - Mexican real estate investment trust Fibra Next is reviving its plans to go public and aims to raise 8 billion pesos ($422 million) in the offer, documents released late on Tuesday show.WHY IT'S IMPORTANTThe IPO signals renewed confidence in Mexico's REIT mar...Reuters
Wed, Jun 18
NYC mayoral candidate Brad Lander released after immigration court arrest
Lander arrested and held for several hoursDHS says he was arrested for assaulting law enforcementLander says he was escorting defendant and denies assault June 17 (Reuters) - New York City Comptroller and mayoral candidate Brad Lander was detained for several hours after being arrested at an immi...Reuters
Wed, Jun 18
Litigation funder fires back at Tyson Foods over settlement interference claims
Burford Capital asks judge to dismiss Tyson lawsuit over fundingLitigation funders face tax in Senate version of Trump tax and spending billJackson Walker sued again over role in bankruptcy judge romance sagaBy David Thomas, Mike Scarcella and Sara Merken June 18 (Reuters) - (Billable Hours is Re...Reuters
Wed, Jun 18
France to facilitate departure of French citizens from Israel and Iran
PARIS, June 18 (Reuters) - President Emmanuel Macron has asked France's foreign affairs ministry to take the necessary measures to facilitate the departure of French citizens who wish to leave Iran or Israel, the presidential palace said on Wednesday."We strongly advise against all travel to...Reuters
Wed, Jun 18
Texas Instruments plans $60 billion US investment under Trump push
Texas Instruments touts plans to build seven chip plants in Texas and UtahBiden administration awarded Texas Instruments $1.6 billion subsidy last yearMany companies are eager to convince Trump administration not to kill the chips subsidy programBy Jaspreet Singh and David Shepardson WASHINGTON, ...Reuters
Wed, Jun 18
Gentex Wins ALEP Ballistic Day And Night Spectacle Contract From US Air Force
June 18 (Reuters) - Gentex Corp GNTX.O:UNITED STATES AIR FORCE AWARDS GENTEX CORPORATION AIRCREW LASER EYE PROTECTION (ALEP) BALLISTIC DAY AND NIGHT SPECTACLE CONTRACTGENTEX CORP: ORDER INCLUDES MORE THAN 3,800 BLOCK 3 DAY AND NIGHT BALLISTIC SPECTACLES OVER NEXT 18 MONTHSReuters
Wed, Jun 18
EXCLUSIVE-Mars' $36 billion Kellanova deal faces EU antitrust investigation, sources say
By Foo Yun Chee BRUSSELS, June 18 (Reuters) - Mars' $36 billion bid for Pringles maker Kellanova K.N is set to face a full-scale EU antitrust investigation, people close to the matter said on Wednesday, which could require the candy giant to divest assets to address competition concerns.The E...Reuters
Wed, Jun 18
Fitch On Us Expect Fiscal Deficits To Remain High In Coming Years Because Do Not Expect There To Be Significant Additional Fiscal Policy Changes
FITCH ON US : EXPECT FISCAL DEFICITS TO REMAIN HIGH IN COMING YEARS BECAUSE DO NOT EXPECT THERE TO BE SIGNIFICANT ADDITIONAL FISCAL POLICY CHANGESFITCH ON U.S. : ESTIMATE DOGE WILL YIELD ANNUAL SAVINGS OF ABOUT $150 BILLION THROUGH SPENDING CUTSFurther company coverage: [ ]Reuters
Wed, Jun 18
France to buy surveillance aircraft from Sweden's Saab
OSLO, June 18 (Reuters) - France has signed a declaration of intent to buy two Global Eye military aircraft from Saab SAABb.ST, with options for two further planes, the Swedish defence group said in a statement on Wednesday.A final procurement could be signed in the coming months, subject to final t...Reuters
Wed, Jun 18
Tennis-Zverev eases into Halle second round after coming to aid of injured spectator
June 18 (Reuters) - Alexander Zverev's hunt for an elusive grasscourt title began with a clinical 6-2 6-1 victory over Marcos Giron in the first round of the Halle Open on Wednesday in a match interrupted by an advertising hoarding falling on spectators.During the opening set, a section of the h...Reuters
Wed, Jun 18
