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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ADVISORY-Alert on U.S. Bank's small business survey withdrawn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of U.S. Bancorp USB.N, announcing the results of its small business survey was inadvertently published and has been withdrawn.There will be no substitute.STORY_NUMBER: nTUA2SBHPSSTORY_DATE: 16/06/2025STORY_TIME: 0100 PM GMTReuters
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, OTHERSReuters
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
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
AbbVie Provides Update On VERONA Trial For Newly Diagnosed Higher-Risk Myelodysplastic Syndromes
June 16 (Reuters) - Abbvie Inc ABBV.N:ABBVIE PROVIDES UPDATE ON VERONA TRIAL FOR NEWLY DIAGNOSED HIGHER-RISK MYELODYSPLASTIC SYNDROMESABBVIE INC - VERONA TRIAL FOR HR-MDS DID NOT MEET PRIMARY ENDPOINTABBVIE INC - NO NEW SAFETY SIGNALS OBSERVED IN VERONA TRIALABBVIE INC - VERONA TRIAL DATA DOES NOT I...Reuters
Mon, Jun 16
Cantaloupe Enters Into Definitive Agreement To Be Acquired By 365 Retail Markets
June 16 (Reuters) - Cantaloupe Inc CTLP.O:CANTALOUPE, INC. ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY 365 RETAIL MARKETSCANTALOUPE INC - SHAREHOLDERS TO RECEIVE $11.20 PER SHARE, 34% PREMIUMCANTALOUPE INC - DEAL EQUITY VALUE ABOUT $848 MILLIONCANTALOUPE INC - TO BECOME PRIVATELY-HELD COMPANY...Reuters
Mon, Jun 16
Commerce Bancshares to buy Florida peer FineMark in $585 million deal
June 16 (Reuters) - U.S. regional bank Commerce Bancshares CBSH.O has agreed to acquire rival FineMark Holdings FNBT.PK in an all-stock deal valued at $585 million, the companies said on Monday.Consolidation among U.S. banks is expected to heighten as rising technology and compliance costs push lend...Reuters
Mon, Jun 16
MEG Energy's board urges shareholders to reject Strathcona's $4.42 billion offer
June 16 (Reuters) - Canadian oil producer MEG Energy MEG.TO on Monday urged its shareholders to reject a nearly C$6 billion ($4.42 billion) hostile takeover offer from Strathcona Resources SCR.TO, calling the bid inadequate and not in their best interest.The board also launched a strategic review to...Reuters
Mon, Jun 16
JC Flowers completes deal for Wefox Italia
By Ryan HewlettJune 16 - (The Insurer) – Private equity firm JC Flowers & Co announced on Monday that it has successfully completed its previously announced acquisition of Wefox Italia.The deal, first announced in May, had New York-headquartered JC Flowers acquire Wefox MGA S.r.l. and Wefox Serv...Reuters
Mon, Jun 16
REFILE-Howden handed CBE in King's birthday honours
By Michael Jones, Ryan HewlettJune 16 - (The Insurer) - Howden Group CEO David Howden was appointed a Commander of the Order of the British Empire (CBE) in King Charles' 2025 birthday honours.Recipients of the honours can be appointed to an order, granted a medal, or bestowed lifelong peerage. T...Reuters
Mon, Jun 16
RIQ unveiled as name for IHC’s $1 billion AI reinsurer
By Ryan HewlettJune 16 - (The Insurer) - International Holding Company (IHC) has named its nascent $1 billion reinsurance startup Reinsurance Intelligence Quotient (RIQ).First unveiled in early May, the reinsurer is being launched with asset managers BlackRock and Lunate under the leadership of form...Reuters
Mon, Jun 16
EU must keep 'nerves of steel' in talks with U.S. on tariffs, Costa says
By Sergio GoncalvesLISBON, June 16 (Reuters) - The European Union must keep a constructive position with the U.S. on trade tariffs to avoid an unwanted trade war, EU Council President Antonio Costa said on Monday.Ahead of a G7 meeting in Canada, where trade issues should be discussed, Costa said if ...Reuters
Mon, Jun 16
Petmed Express, Inc. Announces Preliminary Fourth Quarter And FY 2025 Results And Filing Of Form 12B-25
June 16 (Reuters) - Petmed Express Inc PETS.O:PETMED EXPRESS, INC. ANNOUNCES PRELIMINARY FOURTH QUARTER AND FY 2025 RESULTS AND FILING OF FORM 12B-25PETMED EXPRESS INC - Q4 NET SALES ESTIMATED AT $51.1M TO $53.1M VERSUS $66.5M PRIOR YEARPETMED EXPRESS INC - Q4 NET LOSS ESTIMATED AT $9.9M TO $10.4MReuters
Mon, Jun 16
