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Denmark willing to invest more in Greenland, Danish PM says
COPENHAGEN, June 17 (Reuters) - Denmark is willing to invest more in Greenland's society, including in dual-use critical infrastructure, Danish Prime Minister Mette Frederiksen told a joint press conference with her Greenlandic and Faroese counterparts on Tuesday.Reuters
Tue, Jun 17
Israel's El AL expects to begin flights on Wednesday for people stranded abroad
June 17 (Reuters) - Israel's El Al Airlines ELAL.TA said on Tuesday it had received the government's permission to start flights to bring back people stranded abroad during the conflict with Iran. The Israeli flag carrier was referring to people who had flights to Israel cancelled when its a...Reuters
Tue, Jun 17
Athletics-Lyles showdown with NFL's Hill cancelled
June 17 (Reuters) - Olympic 100 metres champion Noah Lyles has cancelled his much-anticipated showdown with NFL wide receiver Tyreek Hill, due to what he said were personal reasons and lack of buy-in from sponsors.Hill, who plays for the Miami Dolphins, had challenged Lyles to a 50-yard race days af...Reuters
Tue, Jun 17
Musk's xAI in talks to raise $4.3 billion in equity funding, Bloomberg News reports
June 17 (Reuters) - Elon Musk's AI startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans, Bloomberg News reported on Tuesday, citing information shared with investors.Reuters
Tue, Jun 17
Jetblue Will Continue To Reduce Flying To Match Weaker Demand, According To Memo Seen By Reuters
June 17 (Reuters) - JetBlue Airways Corp JBLU.O:JETBLUE AIRWAYS HOPED TO REACH BREAK-EVEN OPERATING MARGIN THIS YEAR, WHICH NOW SEEMS UNLIKELY - MEMO SEEN BY REUTERSJETBLUE AIRWAYS HAS IDENTIFIED WAYS TO COMBINE/RESTRUCTURE CERTAIN ROLES AT THE LEADERSHIP LEVEL - MEMO SEEN BY REUTERSJETBLUE AIRWAYS...Reuters
Tue, Jun 17
Exclusive: Liberty Mutual programs executives Marks and Sullivan to join Emerald Bay
By James ThalerJune 17 - (The Insurer) - Liberty Mutual programs executives Bryan Marks and Colin Sullivan have left the insurer's Global Risk Solutions unit to join startup specialty (re)insurer Emerald Bay, along with Aon’s Jacqueline Gariti, sources told The Insurer. Sullivan will become Emer...Reuters
Tue, Jun 17
Deals of the day-Mergers and acquisitions
June 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday: ** Surgery Partners said it was unable to agree to the terms set by Bain Capital, its largest shareholder, to take the surgical facility operator private. nL4N3SK0YM ...Reuters
Tue, Jun 17
Sword Health valued at $4 billion in General Catalyst-led funding round
June 17 (Reuters) - Digital healthcare company Sword Health said on Tuesday it has secured a valuation of $4 billion after raising $40 million in a funding round led by venture capital firm General Catalyst.The round, where Khosla Ventures, Comcast Ventures and Lince Capital also participated, will ...Reuters
Tue, Jun 17
Ex-FTC lawyers form new firm targeting US antitrust enforcement ‘gaps’
By Mike Scarcella June 17 (Reuters) - Three former U.S. Federal Trade Commission lawyers and a U.S. attorney who resigned in January opened a new plaintiffs law firm on Tuesday focused on unfair competition, price discrimination and other antitrust law violations.They are launching the New York-b...Reuters
Tue, Jun 17
Mutual understanding key to insurer–development bank collaboration on climate risk: report
By Henry GaleJune 17 - (The Insurer) - More insurance industry engagement in development finance lending could strengthen climate resilience, but better mutual understanding is required, according to a report from the Insurance Development Forum (IDF), French Development Agency and Marsh McLennan.&#...Reuters
Tue, Jun 17
Fintech Ramp valued at $16 billion in late-stage funding round
June 17 (Reuters) - Ramp was valued at $16 billion in its latest funding round, the financial technology startup said on Tuesday, signaling renewed investor interest in financial platforms that offer digital and artificial intelligence-based services.The startup, which offers corporate cards, paymen...Reuters
Tue, Jun 17
Surgery Partners rejects Bain Capital's take-private offer
June 17 (Reuters) - Surgery Partners SGRY.O said on Tuesday it was unable to agree to the terms set by Bain Capital, its largest shareholder, to take the surgical facility operator private. Surgery Partners' shares fell more than 13% to $20.10 in premarket trading. A special committee of ...Reuters
Tue, Jun 17
Tennis-Alcaraz and Raducanu to team up in revamped U.S. Open mixed doubles
June 17 (Reuters) - Nine of the world's top-10 men and nine of the top-10 women have officially entered into the U.S. Open's revamped mixed doubles event, tournament organisers said on Tuesday, with former singles champions Carlos Alcaraz and Emma Raducanu teaming up.The competition, which w...Reuters
Tue, Jun 17
Netflix set to launch third themed venue in Las Vegas
June 17 (Reuters) - Netflix NFLX.O said on Tuesday it will launch a third themed entertainment venue in 2027, this time in Las Vegas, as the company looks to broaden its brand presence and profile beyond streaming.The "Netflix House" allows fans to immerse themselves in the worlds of their f...Reuters
Tue, Jun 17
MOVES-BofA hires private bankers from JPMorgan, Citi for New York growth
By Tatiana BautzerNEW YORK, June 17 (Reuters) - Bank of America's private bank hired executives from JPMorgan Chase and Citigroup in an effort to grow in New York, its largest market, according to memo seen by Reuters.BofA added Mary Chan, a former regional managing director at JPMorgan's pr...Reuters
Tue, Jun 17
INSIGHT-Iran leader Khamenei sees his inner circle hollowed out by Israel
Supreme leader's military advisers killed by strikesRaises risk of strategic miscalculations, sources sayKhamenei's son said to be increasingly central figureBy Parisa Hafezi and Angus McDowall DUBAI/LONDON, June 17 (Reuters) - Iran's 86-year-old Supreme Leader Ayatollah Ali Khamenei ...Reuters
Tue, Jun 17
