News
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Volvo Group, Daimler look to technology joint venture in bid to save costs
GOTHENBURG, June 17 (Reuters) - European truckmaking rivals AB Volvo VOLVb.ST and Daimler Truck DTGGe.DE hope to cut costs and reduce reliance on suppliers by jointly developing a software-defined vehicle program, they said on Tuesday.Fleets and truck manufacturers, like automakers, have been racing...Reuters
Tue, Jun 17
UK and allies to announce new sanctions against Russia
KANANASKIS, Alberta, June 17 (Reuters) - Britain and its allies at the Group of Seven (G7) countries are expected to announce further sanctions against Russia on Tuesday, the British government said, stepping up pressure on Moscow over the war in Ukraine."We are finalising a further sanctions pa...Reuters
Tue, Jun 17
Legal & General expects 2025 profit to grow between 6%-9%
June 17 (Reuters) - British insurer Legal & General (L&G) LGEN.L on Tuesday said it expects 2025 group core operating profit to grow between 6% to 9%, in line with its three-year targets, while it also provided outlook for the next three years to 2028.Reuters
Tue, Jun 17
Russian attack on Kyiv during G7 summit shows disrespect to U.S., Ukraine's foreign minister says
KYIV, June 17 (Reuters) - A deadly Russian attack on Kyiv during the Group of Seven summit sent signal of disrespect to the U.S. and other partners who have called for an end to the war, Ukraine's foreign minister said on Tuesday. "Putin's goal is very simple: make the G7 leaders appear ...Reuters
Tue, Jun 17
OpenAI executives weigh antitrust accusation against Microsoft, WSJ reports
June 16 (Reuters) - OpenAI executives have considered accusing Microsoft MSFT.O, the company's major backer, of anticompetitive behavior in their partnership, the Wall Street Journal reported on Monday, citing people familiar with the matter.OpenAI's effort could involve seeking a federal re...Reuters
Tue, Jun 17
Soccer-Atmosphere for Chelsea's Club World Cup opener a bit strange, says Maresca
June 17 (Reuters) - Chelsea manager Enzo Maresca said the atmosphere at the Mercedes-Benz Stadium in Atlanta was "a bit strange" as his side began their Club World Cup campaign with a 2-0 win over Los Angeles FC in front of swathes of empty seats.The multi-purpose stadium has a 71,000 capaci...Reuters
Tue, Jun 17
Trump Organization to Launch $499 “President Phone” – Experts: “Made in America” Looks to Be Vaporware
TradingKey - The Trump Organization has announced its latest venture — entering the telecommunications and smartphone manufacturing industry with the launch of Trump Mobile, a branded mobile network service, and the T1 smartphone, priced at $499.
TradingKey
Tue, Jun 17
Colt CZ Group Announces Closing of Acquisition of Valley Steel Stamp Inc.
June 17 (Reuters) - Colt CZ Group SE CZG.PR:COLT CZ GROUP: ANNOUNCES CLOSING OF ITS ACQUISITION OF ALL OUTSTANDING SHARES OF CAPITAL STOCK OF NEW ENGLAND EXPERT TECHNOLOGIES CORP., A DELAWARE CORPORATION, WHICH FULLY OWNS VALLEY STEEL STAMP INCCOLT CZ GROUP: PURCHASE PRICE WAS USD 59.5 MILLION, BEFO...Reuters
Tue, Jun 17
Renault's CEO search may include insider Le Vot, Stellantis' Picat, analysts say
De Meo stepped down as Renault CEO on MondayLe Vot has run Renault's Dacia brand since 2022Picat lost out on top job at rival StellantisBy Nick Carey and Gilles Guillaume LONDON, June 17 (Reuters) - Luca de Meo's abrupt departure as Renault CEO has kicked off a search for his successor, w...Reuters
Tue, Jun 17
REFILE-Trump says his G7 summit departure has 'nothing to do with' Israel-Iran ceasefire
WASHINGTON, June 17 (Reuters) - Donald Trump said on Monday that his early departure from the Group of Seven nations' summit has "nothing to do with" working on a ceasefire between Israel and Iran, refuting comments by French President Emmanuel Macron who said the U.S. president made...Reuters
Tue, Jun 17
Trump leaves G7 summit early due to Middle East situation
Trump to leave G7 Summit in Canada a day early - White HouseMacron says Trump leaving is positive given potential Middle East ceasefireTrump says removing Russia from G8 in 2014 was a mistakeUS and UK finalize trade deal; Canada says expects deal in 30 daysBy John Irish, Jarrett Renshaw and Andreas ...Reuters
Tue, Jun 17
G7 expresses support for Israel, calls Iran source of instability
G7 statement condemns Iran, supports IsraelIran-Israel war began on Friday when Israel struck IranWar has put oil-rich region on edgeUS says Trump still aiming for nuclear deal with IranBy Kanishka Singh WASHINGTON, June 16 (Reuters) - The Group of Seven nations expressed support for Israel in a ...Reuters
Tue, Jun 17
