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Happy Money Secures $500 Mln Purchase Agreement With Fortress, Edge Focus
June 16 (Reuters) - HAPPY MONEY SECURES $500 MILLION PURCHASE AGREEMENT LED BY FORTRESS INVESTMENT GROUP AND EDGE FOCUS TO EXPAND ACCESS TO RESPONSIBLE LENDINGHAPPY MONEY: FUNDS MANAGED BY AFFILIATES OF FORTRESS AND EDGE FOCUS WILL PURCHASE UP TO $500 MILLION OF CO'S LOANSReuters
Mon, Jun 16
UN refugee agency cuts 3,500 staff positions after donors cut aid
GENEVA, June 16 (Reuters) - The U.N. refugee agency said on Monday that it has discontinued around 3,500 staff positions after a review prompted by a sharp drop in humanitarian funding."We will focus our efforts on activities that have the greatest impact for refugees, supported by streamlined h...Reuters
Mon, Jun 16
G7 leaders call for Israel-Iran deescalation - draft statement
CALGARY, Alberta, June 16 (Reuters) - Group of Seven leaders have a draft joint statement calling for deescalation of the Israel-Iran conflict, according to two sources and a draft seen by Reuters.U.S. President Donald Trump has not signed off on the draft however, the sources said. The draft commit...Reuters
Mon, Jun 16
Juniper Square Announces Series D Financing Round At $1.1 Bln Valuation
June 16 (Reuters) - Juniper Square Inc: JUNIPER SQUARE ANNOUNCES SERIES D FINANCING ROUND AT $1.1 BILLION VALUATIONJUNIPER SQUARE: $130 MILLION IN NEW FUNDING WILL FUEL INVESTMENT IN JUNIEAI: ENTERPRISE-GRADE AI FOR PRIVATE MARKETS GPSJUNIPER SQUARE: SECURED $130 MILLION IN NEW FUNDING LED BY RIBBI...Reuters
Mon, Jun 16
All US state attorneys general agree to $7.4 billion Purdue Pharma settlement
June 16 (Reuters) - The attorneys general of all 50 U.S. states, Washington, D.C. and four U.S. territories have agreed to a $7.4 billion settlement with bankrupt drugmaker Purdue Pharma, New Jersey Attorney General Matthew Platkin said on Monday.Purdue's payment is intended to resolve thousand...Reuters
Mon, Jun 16
Alibaba launches new Qwen3 AI models for Apple's MLX architecture
BEIJING, June 16 (Reuters) - China's tech giant Alibaba 9988.HK has launched new Qwen3 artificial intelligence models for Apple's AAPL.O MLX architecture, Alibaba said in a statement on Monday.The new models would be able to run on a range of Apple devices, including iPhone, iPad, MacBook an...Reuters
Mon, Jun 16
Iran asks Gulf Arab states to have Trump press Israel on immediate ceasefire, sources say
June 16 (Reuters) - Tehran has asked Qatar, Saudi Arabia and Oman to press U.S. President Donald Trump to use his influence on Israel to agree to an immediate ceasefire with Iran in return for Tehran's flexibility in nuclear negotiations, two Iranian and three regional sources told Reuters on Mo...Reuters
Mon, Jun 16
Dutch court confirms Apple abused dominant position in dating apps
AMSTERDAM, June 16 (Reuters) - A Dutch court on Monday confirmed a 2021 consumer watchdog 's ruling saying that Apple AAPL.O had abused its dominant position by imposing unfair conditions on providers of dating apps in the App Store. The Rotterdam District Court ruled that the Dutch Authority fo...Reuters
Mon, Jun 16
CANADA RESEARCH ROUNDUP-Cameco, First Quantum Minerals, Lundin Mining
June 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Cameco, First Quantum Minerals and Lundin Mining on Monday. HIGHLIGHTS * Cameco Corp CCO.TO: Scotiabank raises target price to C$95 from C$93* Dundee Precious Metals Inc DPM.TO: C...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 significantly improving the overall survival of patients in a late-stage trial.The company was testing the drug, Venclexta, in newly-diagnosed patients with higher-risk myelody...Reuters
Mon, Jun 16
Duracell sues Energizer over battery life claims
By Jonathan Stempel NEW YORK, June 16 (Reuters) - Duracell has sued Energizer, accusing its rival of misleading consumers in a nationwide TV and online ad campaign about whose alkaline batteries last longer.In a complaint filed in Manhattan federal court, Duracell, owned by Warren Buffett's B...Reuters
Mon, Jun 16
WRAPUP 4-Airbus bags jet orders as Franco-Israeli dispute rocks air show
France shuts Israeli stands for displaying offensive weaponsIsrael condemns move as 'outrageous and unprecedented'Airbus bags orders from Saudi Arabia and Poland Boeing CEO stays away to focus on Air India crash probeBy Giulia Segreti, Paul Sandle and Tim Hepher PARIS, June 16 (Reuters) -...Reuters
Mon, Jun 16
Iran seeks talks with US and Israel to end hostilities, WSJ reports
June 16 (Reuters) - Iran has been urgently signaling that it seeks an end to hostilities and resumption of talks over its nuclear programs, sending messages to Israel and the United States via Arab intermediaries, the Wall Street Journal reported on Monday, citing officials.Reuters could not immedia...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
Russia says Iran is exercising right to self-defence against Israel, Interfax reports
MOSCOW, June 16 (Reuters) - Russia believes Iran is exercising its right to defend itself against attack by Israel, Deputy Foreign Minister Sergei Ryabkov was quoted as saying on Monday.Russian news agencies also quoted Ryabkov as saying that Russia was discussing the crisis with the United States a...Reuters
Mon, Jun 16
NextCure signs up to $745 million deal with China's Simcere to develop cancer drug
June 16 (Reuters) - Drug developer NextCure NXTC.O said on Monday it had signed a deal worth up to $745 million with China-based drugmaker Simcere Zaiming 2096.HK to develop a cancer therapy for solid tumors. NextCure said it will gain global rights to the experimental therapy, SIM0505, in all regio...Reuters
Mon, Jun 16
