News
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Israel's dollar bonds slide, CDS rises, as regional tensions escalate
LONDON, June 12 (Reuters) - The cost of insuring Israel's debt against default rose on Thursday, and its bond prices slid, as regional security concerns spiked and the country's own government wobbled. Israel's five-year credit default swap rose 7 basis points from Wednesday close, to re...Reuters
Thu, Jun 12
London Gatwick airport confirms Air India plane crash
LONDON, June 12 (Reuters) - London's Gatwick airport confirmed on Thursday that an Air India plane that crashed near the western Indian city of Ahmedabad was due to land at the London airport at 18.25 local time. It said on X that more information on the crash would follow.Reuters
Thu, Jun 12
US restricts travel outside Israel's Tel Aviv, Jerusalem and Be'er Sheva, embassy says
June 12 (Reuters) - The United States is restricting travel for government employees and their family members outside the greater Tel Aviv, Jerusalem and Be'er Sheva cities until further notice due to increased regional tensions, the U.S. Embassy in Israel said in a notice on Thursday.Reuters
Thu, Jun 12
Democratic governors embrace border security, reject Trump immigrant 'abuses'
WASHINGTON, June 12 (Reuters) - Three prominent Democratic U.S. governors face a grilling on Thursday from a Republican-led U.S. House of Representatives panel over immigration policy, as President Donald Trump steps up a crackdown on people living in the country illegally.The governors of New York,...Reuters
Thu, Jun 12
Spain's Multiverse raises $217 million for compressing AI models
PARIS, June 12 (Reuters) - Spanish AI firm Multiverse Computing said on Thursday it has raised 189 million euros ($217 million) from investment firm Bullhound Capital, HP Inc HPQ.N, Forgepoint Capital and Toshiba, to compress AI language models.The company said it has developed a compression technol...Reuters
Thu, Jun 12
Israeli minister, Mossad head to meet US envoy Witkoff, Israeli media says
DUBAI, June 12 (Reuters) - Israeli Strategic Affairs Minister Ron Dermer and Mossad intelligence agency head David Barnea will travel to meet U.S. Special Envoy Steve Witkoff ahead of the U.S.-Iran nuclear talks in Oman on Sunday, Israeli media reported on Thursday.Reuters
Thu, Jun 12
ACS' Turner To Build 12,000 Seat Stadium In Sacramento, California
June 12 (Reuters) - ACS Actividades de Construccion y Servicios SA ACS.MC:TURNER TO BUILD 12,000 SEAT STADIUM IN SACRAMENTO, CALIFORNIAGROUNDBREAKING OF PROJECT SCHEDULED FOR LATE SUMMER 2025, STADIUM OPEN EXPECTED IN 2027Source text: https://tinyurl.com/3u4xzbttReuters
Thu, Jun 12
China affirms trade deal with US, says it always keeps its word
Deal reached after Trump and Xi phone callCall ended standoff that began after initial agreementDeal signals truce in escalating trade war BEIJING, June 12 (Reuters) - China on Thursday affirmed a trade deal announced by U.S. President Donald Trump, saying both sides needed to abide by the conse...Reuters
Thu, Jun 12
Tesco's UK sales growth accelerates in 'intensely competitive' market
First-quarter UK like-for-like sales up 5.1%Keeps profit outlook for 2025/26 yearCEO says market 'remains intensely competitive'Says all UK players have 'upped their game'Shares up 2%By James Davey LONDON, June 12 (Reuters) - Tesco, Britain's biggest food retailer, reported a ...Reuters
Thu, Jun 12
Iran announces counter-measures to UN nuclear watchdog's resolution
DUBAI, June 12 (Reuters) - Iran announced counter-measures to the International Atomic Energy Agency's resolution declaring it in breach of non-proliferation obligations, state TV said on Thursday, including the opening of a new enrichment site and upgrading of centrifuges in Fordow nuclear faci...Reuters
Thu, Jun 12
Paris airshow set for new jet orders despite conflict, tariff gloom
Airbus, Boeing to unveil aircraft orders despite supply bottlenecksTariffs, conflict, supply-chain woes cast shadow on industryDefence firms to showcase drone, AI tech as EU spending risesBy Tim Hepher and Joe Brock PARIS, June 12 (Reuters) - Aerospace manufacturers will aim to project business a...Reuters
Thu, Jun 12
Iran will not compromise on right to enrichment, says official
By Parisa Hafezi DUBAI, June 12 (Reuters) - Iran will not abandon its right to uranium enrichment because of mounting frictions in the region, a senior Iranian official told Reuters on Thursday, adding that a "friendly" regional country had alerted Tehran over a potential military strike ...Reuters
Thu, Jun 12
Aegis’ Wade on profiling, progress and powering through: 'You’ve got to be heard to be seen'
By Sophie RobertsJune 12 - (The Insurer) - Aegis London CFO Katie Wade has urged female leaders in the insurance sector to actively profile themselves and invest in building strategic networks. Speaking to The Insurer TV as part of a series with the Lloyd's Market Association profiling senior w...Reuters
Thu, Jun 12
Deutsche Bank's deal-making business weaker than expected, CEO says
CEO: deals delayed, but not cancelledOther banks have also warned of weaker deal-makingDeal slowdown is in wake of U.S. tariff policiesBy Tom Sims and Matthias Inverardi FRANKFURT, June 12 (Reuters) - Deutsche Bank's DBKGn.DE origination and advisory business is not as strong as the German ba...Reuters
Thu, Jun 12
German defence minister visits Ukraine for talks on weapons support
BERLIN, June 12 (Reuters) - German Defence Minister Boris Pistorius arrived in Kyiv on Thursday to discuss further weapons aid for Ukraine as efforts to end the three-year conflict with Russia faced headwinds and Moscow's forces ramped up bombardments. Russia and Ukraine met for peace...Reuters
Thu, Jun 12
Gordon Brothers buys UK's Poundland, to invest up to $108.5 million in revival
June 12 (Reuters) - Investment firm Gordon Brothers has acquired Pepco Group's PCOP.WA struggling Poundland business for a nominal value and will invest up to 80 million pounds ($108.5 million) to help fuel its turnaround, the companies said on Thursday.Pepco has been weighing options for the mo...Reuters
Thu, Jun 12
