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EXPLAINER-Why is Afreximbank in focus over Africa debt restructuring deals?
By Duncan Miriri NAIROBI, June 18 (Reuters) - The African Export-Import Bank has been thrust into the spotlight due to a dispute over whether its loans to African countries now in default should be subject to writedowns in debt restructuring deals. Here are more details about the Cairo-based lend...Reuters
Wed, Jun 18
Cash-strapped Vatican unveils fundraising video centred on Pope Leo
VATICAN CITY, June 18 (Reuters) - The Vatican on Wednesday unveiled a fundraising video centred on newly elected Pope Leo, urging the faithful to support his mission amid a serious financial crisis for the Catholic Church.The slick one-minute video was shown on giant screens in St. Peter's Squar...Reuters
Wed, Jun 18
Pixar film 'Elio' follows a family's imperfect intergalactic journey
"Elio" debuts in movie theaters on FridayCritics have praised the movie from PixarDisney projects an opening around $25 millionBy Danielle BroadwayLOS ANGELES, June 18 (Reuters) - Zoe Saldana feels like her new film "Elio," from Walt Disney's DIS.N Pixar Animation Studios, is a s...Reuters
Wed, Jun 18
Ex-Trump defense attorney Kendra Wharton to depart Justice Department
By Sarah N. Lynch WASHINGTON, June 18 (Reuters) - Kendra Wharton, a former member of President Donald Trump's criminal defense team who serves as the Justice Department's senior ethics official, plans to leave the department in July, she told Reuters.Wharton replaced Bradley Weinsheimer, ...Reuters
Wed, Jun 18
Ice hockey-Canada's Stanley Cup dry spell stretches to 32 years as Edmonton flops in Finals
NEW YORK, June 18 (Reuters) - The Florida Panthers extended Canada's agonizing Stanley Cup drought to 32 years with a 5-1 win over Edmonton in Game Six on Tuesday, a second straight Finals defeat for the Oilers which left their fans devastated and players searching for answers.It was the eighth ...Reuters
Wed, Jun 18
Trump's bid to bar foreign students from Harvard threatens Kennedy School's lifeblood
Harvard Kennedy School boasts heads of states as graduatesMore than half of its students come from outside the U.S.Harvard fights Trump administration efforts to bar foreign studentsBy Maria Tsvetkova CAMBRIDGE, Massachusetts, June 18 (Reuters) - When 35-year-old Oscar Escobar completed his term ...Reuters
Wed, Jun 18
EXPLAINER-What is Juneteenth and when did it become a US federal holiday?
June 18 (Reuters) - Juneteenth, a day that marks the emancipation of enslaved Black Americans, is always observed on June 19 each year. It became a U.S. federal holiday in 2021, following the signing of a bill by former President Joe Biden.Long a regional holiday in the South, Juneteenth rose in pro...Reuters
Wed, Jun 18
EXCLUSIVE-US to drop guidance to limit alcohol to one or two drinks per day, sources say
Americans long been told to drink two or fewer drinks per dayNew guidelines due as soon as this monthExpected to make brief statement on limiting drinkingAlcohol industry faces growing scrutiny of health risks By Emma Rumney and Jessica DiNapoli June 18 (Reuters) - U.S. Dietary Guidelines are exp...Reuters
Wed, Jun 18
Turkey's Erdogan says Iran defending itself against Israeli attacks is natural, legitimate
ANKARA, June 18 (Reuters) - Turkish President Tayyip Erdogan said on Wednesday that Iran was defending itself against Israel's illegal, "crazed" attacks, and what he called "state terrorism", and added Iran's self-defence was natural, legal and legitimate.Speaking to members ...Reuters
Wed, Jun 18
AirAsia owner seeks jets for growth but restructuring first priority, CEO says
In talks to buy 50-70 Airbus A321XLR jets in coming monthsAlso in talks to buy 100 Airbus A220 or Embraer E2 jetsHopes to wrap up restructuring by end of JulySays new investors "locked in," without naming themBy Tim Hepher and Lisa Barrington PARIS/SEOUL, June 18 (Reuters) - Airline entre...Reuters
Wed, Jun 18
Israel to resume natural gas exports when military permits, energy minister says
TEL AVIV, June 18 (Reuters) - Israel will resume its natural gas exports when the country's military gives its permission, Israel's Energy Ministry Eli Cohen told Reuters on Wednesday, as the Israel-Iran air war continues.Reuters
Wed, Jun 18
Lloyd’s chair Roxburgh calls for innovation to 'strengthen and extend' market's position
By Ryan HewlettJune 18 - (The Insurer) - Charles Roxburgh has outlined his vision to "strengthen and extend" Lloyd's position as the “preeminent global marketplace” for risk, but the newly installed chair cautioned that top-line growth was not his central focus in the near term.Speaking ...Reuters
Wed, Jun 18
Qatar's emir receives letter from Iran's president, Qatari foreign ministry says
DUBAI, June 18 (Reuters) - Qatar's emir has received a letter from Iranian President Masoud Pezeshkian, the Qatari foreign ministry said on Wednesday, without revealing the content of the letter.Qatar is among countries that have appealed to Washington to press Israel to agree to a ceasefire and...Reuters
Wed, Jun 18
Embraer strikes deal for up to 110 E175 jets with SkyWest
PARIS, June 18 (Reuters) - Brazilian planemaker Embraer EMBR3.SA said on Wednesday it had received an order for 60 of its E175 regional jets from SkyWest Airlines.Embraer said SkyWest had also agreed purchase rights for a further 50 of the aircraft.Reuters
Wed, Jun 18
Chinese travel thousands of miles to flee Iran overland
China has begun evacuating its citizens from IranSeveral thousands Chinese nationals thought to live in IranMost Chinese in Iran are engineers working for Chinese firmsIran is Beijing's key diplomatic foothold in the region By Joe Cash, Tiffany Le and Liz LeeBEIJING, June 18 (Reuters) - The firs...Reuters
Wed, Jun 18
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
