News
Important Only
UK foreign minister Lammy 'deeply saddened' by India plane crash
LONDON, June 12 (Reuters) - British foreign minister David Lammy said he was deeply saddened by news of a plane crash in India, and that Britain was now working with Indian authorities."Deeply saddened by news of a devastating plane crash in Ahmedabad, India," Lammy said on X. "My though...Reuters
Thu, Jun 12
Chime set for long-awaited market debut after $864 million US IPO
Chime prices IPO at $27, above proposed rangeFetches fully diluted valuation of $11.6 billionPerformance seen as bellwether for other fintech IPOsBy Manya Saini and Niket Nishant June 12 (Reuters) - Chime is set to debut on the Nasdaq later on Thursday after raising $864 million in i...Reuters
Thu, Jun 12
Morning News Call - U.S., June 12
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Thu, Jun 12
Golf-U.S. Open underway as Oakmont awaits tournament favourite Scheffler
By Frank PingueOAKMONT, Pennsylvania, June 12 (Reuters) - The U.S. Open began under partly cloudy skies on Thursday at challenging Oakmont Country Club where Bryson DeChambeau hopes to make a fast start to his title defence while tournament favourite Scottie Scheffler was hours from teeing off.Amat...Reuters
Thu, Jun 12
Gecko Robotics Says Doubled Valuation From Its Previous Funding Round, With A Valuation Of $1.25 Billion
June 12 (Reuters) - GECKO ROBOTICS - DOUBLED VALUATION FROM ITS PREVIOUS FUNDING ROUND, WITH A SERIES D VALUATION OF $1.25 BILLIONSource text: https://tinyurl.com/yy9fe8wnFurther company coverage: [ ]Reuters
Thu, Jun 12
Europe needs small, affordable cars like Japan's 'kei cars', Stellantis chairman says
TURIN, June 12 (Reuters) - Europe needs small and affordable cars like Japan's so-called 'kei cars', Stellantis STLAM.MI Chairman John Elkann said on Thursday.Speaking at an automotive event in Turin, Elkann also said the cost of cars has increased in recent years mostly due to regulatio...Reuters
Thu, Jun 12
BioNTech agrees to acquire former COVID vaccine rival CureVac
June 12 (Reuters) - German biotech firm BioNTech 22UAy.DE said on Thursday it agreed to acquire domestic peer CureVac 5CV.DE for about $1.25 billion worth of BioNTech shares, eyeing a combination of the two former rivals in the race to develop COVID-19 vaccines.Reuters
Thu, Jun 12
EXCLUSIVE-China-backed militia secures control of new rare earth mines in Myanmar
Beijing-backed UWSA protecting new rare earth mines in Shan state, sources sayMines being run by Chinese-speaking operatorsChina relies on Myanmar for rare earth imports but had recently faced some supply challengesRare earths offer Beijing leverage in trade war with WashingtonBy Naw Betty Han, Shoo...Reuters
Thu, Jun 12
Biontech Announces Strategic Transaction To Acquire Curevac In Public Exchange Offer
June 12 (Reuters) - BIONTECH SE 22UAy.DE:BIONTECH ANNOUNCES STRATEGIC TRANSACTION TO ACQUIRE CUREVAC IN PUBLIC EXCHANGE OFFERPUBLIC EXCHANGE OFFER FOR ALL SHARES OF CUREVAC WHERE EACH SHARE OF CUREVAC WILL BE EXCHANGED FOR APPROX. $5.46 IN BIONTECH AMERICAN DEPOSITARY SHARESIMPLIED AGGREGATE EQUITY ...Reuters
Thu, Jun 12
Merck Initiates Phase 3 Study Evaluating Dengue Vaccine Candidate
June 12 (Reuters) - Merck & Co Inc MRK.N:MERCK INITIATES PHASE 3 STUDY EVALUATING DENGUE VACCINE CANDIDATEMERCK INITIATES PHASE 3 STUDY EVALUATING DENGUE VACCINE CANDIDATEMERCK & CO INC - STUDY TO ENROLL ABOUT 12,000 INDIVIDUALS AGED 2 TO 17MERCK: STUDY WILL EVALUATE SINGLE DOSE OF V181 FOR ...Reuters
Thu, Jun 12
Adc Therapeutics Announces $100 Mln Private Placement Extending Expected Cash Runway Into 2028
June 12 (Reuters) - ADC Therapeutics SA ADCT.N:ADC THERAPEUTICS ANNOUNCES $100 MILLION PRIVATE PLACEMENT EXTENDING EXPECTED CASH RUNWAY INTO 2028ADC THERAPEUTICS SA - TO SHUT DOWN UK FACILITY AND REDUCE WORKFORCE BY 30%ADC THERAPEUTICS SA - ESTIMATES ONE-TIME CASH RESTRUCTURING CHARGES OF $6-$7 MILL...Reuters
Thu, Jun 12
Humanitarian workers killed in Gaza bus ambush that Israel blames on Hamas
Five Palestinians GHF workers killed in bus ambushIsrael blames Hamas for shooting, says some workers kidnappedFood distribution continues, WFP trucks enter northern GazaBy Crispian Balmer and Nidal al-Mughrabi JERUSALEM/CAIRO, June 12 (Reuters) - Israel accused Hamas militants of killing five Pa...Reuters
Thu, Jun 12
U.S. ambassador to Russia to leave post soon, says embassy
MOSCOW, June 12 (Reuters) - Lynne Tracy, the U.S. ambassador to Russia, will soon leave her post, her embassy said on Thursday, after serving through one of the most tense and difficult periods in relations between Moscow and Washington.Tracy, a career diplomat, arrived in Moscow in January 2023 and...Reuters
Thu, Jun 12
Canada's Cenovus Energy restarts production at Christina Lake oil sands
June 12 (Reuters) - Canadian oil producer Cenovus Energy CVE.TO said on Thursday it had restarted production at its Christina Lake oil sands facility in Alberta, following a temporary shutdown due to nearby wildfire activity.Wildfires across Alberta in May disrupted operations for several oil pr...Reuters
Thu, Jun 12
Chimera Investment Corporation Announces Definitive Agreement To Acquire Homexpress Mortgage
June 12 (Reuters) - Chimera Investment Corp CIM.N:CHIMERA INVESTMENT CORPORATION (NYSE: CIM) (“CHIMERA”) ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE HOMEXPRESS MORTGAGE CORP.CHIMERA INVESTMENT CORP - ACQUISITION EXPECTED TO BE ACCRETIVE TO EARNINGS IN 2026CHIMERA INVESTMENT CORP - PURCHASE PRICE INCLU...Reuters
Thu, Jun 12
Russia's approach to talks with Ukraine not helpful, NATO's Rutte says
ROME, June 12 (Reuters) - Russia's approach to peace talks with Ukraine is not helpful, NATO Secretary-General Mark Rutte said on Thursday."The Russians are sending this historian now twice to these talks in Istanbul, trying to start with the history of 1,000 years ago and then explaining mo...Reuters
Thu, Jun 12
UK PM Starmer says scenes of Air India plane crash are 'devastating'
LONDON, June 12 (Reuters) - British Prime Minister Keir Starmer said on Thursday images emerging of the London-bound Air India plane crash were "devastating", and that he was being kept updated as the situation developed. "My thoughts are with the passengers and their families at this de...Reuters
Thu, Jun 12
Cenovus Energy Restores Full Production At Christina Lake
June 12 (Reuters) - Cenovus Energy Inc CVE.TO:CENOVUS ENERGY RESTORES FULL PRODUCTION AT CHRISTINA LAKECENOVUS ENERGY INC - PRODUCTION OPERATIONS RESTARTED ON JUNE 3CENOVUS ENERGY INC - NO DAMAGE TO CENOVUS INFRASTRUCTURE CONFIRMEDReuters
Thu, Jun 12
