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Motor racing-Tough talks ahead but McLaren want drivers to race each other
By Alan Baldwin MONTREAL, June 16 (Reuters) - McLaren will continue to let Oscar Piastri and Lando Norris race freely for the Formula One title but there will be some tough talks back at the factory after Sunday's collision in Canada.Norris accepted the blame after hitting the rear of his ch...
Reuters
Mon, Jun 16
US Supreme Court to hear dispute involving anti-abortion crisis pregnancy center
By Brendan Pierson June 16 (Reuters) - The U.S. Supreme Court agreed on Monday to consider reviving a New Jersey crisis pregnancy center operator's bid to block the Democratic-led state's attorney general from investigating whether it deceived women into believing it offered abortions.The...
Reuters
Mon, Jun 16
Iranians flee capital for safety as Israeli airstrikes intensify
Thousands in exodus from Tehran as it comes under Israeli missile fire in escalating conflictIranians upset over lack of public bomb shelters; authorities advise using mosques, schoolsInternet access in Iran drops by 50%Security forces make arrests for alleged Israel contactsBy Parisa Hafezi DUBA...
Reuters
Mon, Jun 16
PRESS DIGEST-Canada - June 16
June 16 (Reuters) - The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Canada and Britain have agreed to resume stalled trade negotiations as both countries look to shore up their dom...
Reuters
Mon, Jun 16
Norwegian monarch visits polar Svalbard as interest in Arctic grows
Increased interest in Arctic from U.S., Russia, ChinaGoverned by treaty allowing settlement by signatory statesSvalbard is an important part of Norway, says kingVisit marks a century of Norwegian sovereignty over islandsBy Gwladys Fouche OSLO, June 16 (Reuters) - Norway's King Harald and Quee...
Reuters
Mon, Jun 16
Israeli military issues evacuation warning for a designated area in Tehran
June 16 (Reuters) - An Israeli military spokesperson issued an evacuation warning for a designated area in Tehran, according to a post by the spokesperson on X.
Reuters
Mon, Jun 16
INSTANT VIEW-Trump Organization launches Trump Mobile smartphone service
June 16 (Reuters) - The Trump Organization launched a self-branded mobile service and a $499 smartphone on Monday, dubbed Trump Mobile, signaling a new effort to court conservative consumers with a wireless service positioned as an alternative to major telecom providers.The new mobile venture will i...
Reuters
Mon, Jun 16
US EPA to stop enforcing violations against fossil fuel companies, CNN reports
June 16 (Reuters) - The U.S. Environmental Protection Agency has told staff to stop enforcing violations against fossil fuel companies, CNN reported on Monday, citing multiple sources. Reuters could not immediately confirm the report."While the last administration targeted the oil and gas indust...
Reuters
Mon, Jun 16
Sprott Physical Uranium Trust Announces Upsized US$200 Million Bought Deal Financing
June 16 (Reuters) - Sprott Inc SII.TO:SPROTT PHYSICAL URANIUM TRUST ANNOUNCES UPSIZED US$200 MILLION BOUGHT DEAL FINANCINGSPROTT INC - PROCEEDS TO BE USED TO BUY PHYSICAL URANIUM
Reuters
Mon, Jun 16
Russia says US has cancelled next round of talks on easing tensions
MOSCOW, June 16 (Reuters) - Russia said on Monday that the United States had cancelled the next round of talks between the two countries, an apparent setback in a process launched by presidents Vladimir Putin and Donald Trump to improve bilateral ties.In a statement, Foreign Ministry spokeswoman Mar...
Reuters
Mon, Jun 16
Organic growth drives Lockton global revenue 13% higher to $4.0 billion
By David BullJune 16 - (The Insurer) - Lockton generated global revenue of $4.0 billion in its fiscal year to April 30, 2025, a 13% top line expansion it said was driven almost entirely by organic growth, marking the fifth consecutive year the intermediary has delivered double-digit organic growth.T...
Reuters
Mon, Jun 16
TMC secures $85 mln investment from Korea Zinc amid US minerals push
June 16 (Reuters) - Deep-sea mining firm The Metals Co TMC.O said on Monday that South Korean refiner Korea Zinc 010130.KS will invest $85.2 million, giving a boost to the company's plans to supply critical minerals for the U.S. energy transition.The deal gives Korea Zinc a 5% stake in TMC and i...
Reuters
Mon, Jun 16
US insurance stocks fell 2.4% last week amid shift to risk-off mode
By Carlos PallordetJune 16 - (The Insurer) - Ten of the 12 industry groups in the North American insurance composite compiled by Stonybrook Capital and Weild & Co declined last week after markets reacted negatively to hostilities between Israel and Iran.The Dow Jones Industrial Average ended the...
Reuters
Mon, Jun 16
ADVISORY-Alert on U.S. Bank's small business survey withdrawn
An alert on U.S. Bank, a unit of U.S. Bancorp USB.N, announcing the results of its small business survey was inadvertently published and has been withdrawn.There will be no substitute.STORY_NUMBER: nTUA2SBHPSSTORY_DATE: 16/06/2025STORY_TIME: 0100 PM GMT
Reuters
Mon, Jun 16
JBM (Healthcare) To Acquire Kenford Medical Group For HK$38 Million
June 16 (Reuters) - JBM (Healthcare) Ltd 2161.HK:TO ACQUIRE KENFORD MEDICAL GROUP AT HK$38 MILLION
Reuters
Mon, Jun 16
Simcere Pharmaceutical's Unit Enters Into License Agreement With Nextcure
June 16 (Reuters) - Simcere Pharmaceutical Group Ltd 2096.HK:UNIT ENTERED INTO A LICENSE AGREEMENT WITH NEXTCUREPURSUANT TO LICENSE AGREEMENT, GROUP ELIGIBLE TO RECEIVE PAYMENTS UP TO US$745 MILLIONUNDER DEAL NEXTCURE TO OBTAIN GLOBAL RIGHTS TO SIM0505 NOVEL ANTIBODY-DRUG CONJUGATE, OTHERS
Reuters
Mon, Jun 16
Lilly to offer highest doses of weight-loss drug Zepbound on website
June 16 (Reuters) - Eli Lilly LLY.N will ship the two highest doses of its popular weight-loss drug Zepbound to cash-paying customers on its website starting early August, the U.S. drugmaker said on Monday.With the addition of the 12.5 milligrams and 15 mg doses, all approved doses of Zepbound will ...
Reuters
Mon, Jun 16
Polestar secures $200 million funding from PSD Investment
June 16 (Reuters) - Polestar PSNY.O has secured a $200 million equity investment from its major shareholder and private debt fund PSD Investment, the Swedish electric vehicle maker said on Monday.
Reuters
Mon, Jun 16
AbbVie says blood cancer drug fails late-stage trial
June 16 (Reuters) - AbbVie ABBV.N said on Monday its treatment for a group of blood cancers failed to meet the main goal of overall survival in a late-stage trial.
Reuters
Mon, Jun 16
Russia says US has cancelled next round of talks on easing tensions
MOSCOW, June 16 (Reuters) - The next round of Russia-U.S. talks on removing "irritants" in relations between the two countries has been cancelled at the initiative of the American side, the Russian Foreign Ministry said on Monday."We hope that the pause they have taken will not last too ...
Reuters
Mon, Jun 16
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