News
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Deals of the day-Mergers and acquisitions
June 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0945 GMT on Wednesday: ** Nasdaq-listed insurtech Reliance Global Group has agreed to sell its Fortman Insurance Agency subsidiary for $5 million in cash, and has pulled an offering of its shares. [nL...Reuters
Wed, Jun 18
Airbus raises dividend payout range and confirms 2025 guidance
Airbus raises dividend payout target, keeps 2025 guidanceSees 40% less disruption by delayed components since early 2025By Anna Peverieri and Jesus Calero June 18 (Reuters) - Airbus AIR.PA raised the upper range of its dividend payout target ahead of a business update on Wednesday and confirmed ...Reuters
Wed, Jun 18
Televised message from Iran Supreme Leader Khamenei to be aired shortly, state media reports
DUBAI, June 18 (Reuters) - A televised message by Iran's Supreme Leader Ayatollah Ali Khamenei will be aired shortly, Iran's state media reported on Wednesday.Khamenei's last appearance was on Friday shortly after Israel attacked Iran.Reuters
Wed, Jun 18
Israeli fire kills 30 in Gaza, medics say, as attention shifts to Iran
Hundreds killed seeking aid since late May, medics say'We are being forgotten', says Gaza resident Israel says it is looking into deaths; targeting HamasWar in Gaza began more than 20 months agoBy Nidal al-Mughrabi CAIRO, June 18 (Reuters) - Israeli gunfire and strikes killed at least 30 ...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
Polish pipeline operator to get over PLN 2 bln loan, CEO says
WARSAW, June 18 (Reuters) - Polish pipeline operator Gaz-System will get over 2 billion zlotys ($538.72 million) in a loan from state bank BGK to finance the onshore part of Poland's first floating liquefied natural unit (FSRU) near Gdansk, company CEO Slawomir Hinc told reporters on Wednesday.(...Reuters
Wed, Jun 18
Germany's Pfandbriefbank withdraws guidance as it winds down US business
PBB withdraws full year guidance It plans to wind down crucial U.S. businessShares slump 12%By Paolo Laudani June 18 (Reuters) - Deutsche Pfandbriefbank PBBG.DE, one of Germany's top property financiers, said on Wednesday it was withdrawing its full-year guidance amid extraordinary expenses f...Reuters
Wed, Jun 18
UK removes family members of foreign office staff in Israel
LONDON, June 18 (Reuters) - Britain said on Wednesday it was temporarily withdrawing the family members of staff who work at the country's embassy and consulate in Israel due to the significant risks posed from the conflict between Iran and Israel. "Family members of staff at the British emb...Reuters
Wed, Jun 18
HSBC names Asia veteran Christopher Chua global M&A head
By Selena Li HONG KONG, June 18 (Reuters) - Europe's biggest bank HSBC HSBA.L appointed Christopher Chua head of mergers and acquisitions on Wednesday, after its former global head left for JPMorgan last month.Chua, who was most recently the bank's Asia head of M&A, will take up the ...Reuters
Wed, Jun 18
Iran will respond firmly if US becomes directly involved in Israeli strikes, says UN ambassador
By Olivia Le Poidevin GENEVA, June 18 (Reuters) - Iran has conveyed to Washington that it will respond firmly to the United States if it becomes directly involved in Israel's military campaign, the Iranian ambassador to the United Nations in Geneva said on Wednesday. Ali Bahreini told repo...Reuters
Wed, Jun 18
Soccer-Liverpool begin Premier League title defence against Bournemouth, Arsenal visit Man Utd
June 18 (Reuters) - Liverpool will begin their Premier League title defence when they host Bournemouth at Anfield on August 15 while last season's runners-up Arsenal visit Manchester United two days later, England's top flight said on Wednesday.Manchester City, who are eyeing a seventh Premi...Reuters
Wed, Jun 18
Private equity sits on $1 trillion amid uncertainties, M&A stalls, PwC says
High interest rates, tariffs, and geopolitical issues slow M&A Capital tie-up creates tug of war between PE and LPs for profitIPO market revives with 31 IPOs raising $11 billion by May 2025By Sabrina Valle NEW YORK, June 18 (Reuters) - Private equity firms are holding about $1 trillion in uns...Reuters
Wed, Jun 18
Indonesia antitrust agency gives 'conditional' go-ahead for TikTok's Tokopedia takeover
JAKARTA, June 18 (Reuters) - Indonesia's antitrust agency has given its "conditional" blessing to last year's takeover of the country's biggest e-commerce platform Tokopedia by TikTok after ending its probe into potential monopoly risks, it said on Wednesday. TikTok, owned by Chi...Reuters
Wed, Jun 18
Aegis London bolsters casualty with QBE's Yuile
By Michael JonesJune 18 - (The Insurer) - Aegis London has bolstered its international casualty team through the appointment of Sarah Yuile as an underwriter, the company said on Wednesday.In her new role, Yuile will focus on developing business from key territories including Canada, Australia and E...Reuters
Wed, Jun 18
EU accepts AliExpress' commitments to catch illegal online products
BRUSSELS, June 18 (Reuters) - The European Commission has accepted commitments made by Alibaba's 9988.HK AliExpress to address concerns over the dissemination of potentially illegal and pornographic materials through its platform, the EU executive arm said on Wednesday. The Commission laun...Reuters
Wed, Jun 18
Vouch’s Hodges: No ‘direct correlation’ between startup risk and insurance claims
By James ThalerJune 16 - (The Insurer) - Vouch’s Sam Hodges said that the insurtech’s data shows no "direct correlation” between a startup’s risk of failure and insurance claims, and also warned of the emerging risk associated with AI.The co-founder and CEO of the insurtech, which focuses on pro...Reuters
Wed, Jun 18
Iran envoy says Israeli attacks are 'war against humanity'
GENEVA, June 18 (Reuters) - Iran's ambassador told the U.N. Human Rights Council on Wednesday that Israeli attacks represented an act of "war against humanity" and slammed states for not condemning the acts which he said exposed people to the risk of hazardous leaks."The deliberate t...Reuters
Wed, Jun 18
Iran will respond firmly if US becomes directly involved in Israeli strikes, says UN ambassador
GENEVA, June 18 (Reuters) - Iran said it had conveyed to Washington that it will respond firmly to the United States if it becomes directly involved in Israel's military campaign, the Iranian ambassador to the United Nations in Geneva said on Wednesday. Ali Bahreini, the ambassador of the Isl...Reuters
Wed, Jun 18
Soccer-Liverpool to begin Premier League title defence at home against Bournemouth
June 18 (Reuters) - Liverpool will begin their Premier League title defence when they host Bournemouth at Anfield on August 15 while Arsenal play Manchester United at Old Trafford in their opening game two days later, England's top flight said on Wednesday.Manchester City, who are eyeing a seven...Reuters
Wed, Jun 18
