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UK accounting watchdog fines KPMG $1.7 million for Carr’s Group audit breaches
June 12 (Reuters) - The British accounting watchdog imposed a penalty of 1.25 million pounds ($1.7 million) on audit firm KPMG LLP on Thursday as a result of an investigation into the financial audit of UK manufacturing firm Carr’s Group CARRC.L.KPMG and audit engagement partner Nick Plumb failed to...Reuters
Thu, Jun 12
China will 'honour' commitments after Trump said trade deal 'done'
BEIJING, June 12 (Reuters) - China will always honour its commitments, the Chinese foreign ministry said on Thursday, after U.S. President Donald Trump said the trade deal with Beijing was "done". The ministry hopes the United States can work with China to implement what was agreed between t...Reuters
Thu, Jun 12
CORRECTED-Guy Carp to ‘vigorously pursue’ its rights after Willis Re raids, says it is preparing legal action
By Mia MacGregorJune 11 - (The Insurer) - Guy Carpenter has said it is preparing legal action in response to the departure of senior staff members in Bermuda and London to WTW’s new Bain-backed reinsurance venture, asserting it will "vigorously pursue" its rights in court. Following news tha...Reuters
Thu, Jun 12
Trump Sets Two-Week Deadline for Tariffs – Market Uncertainty Weighs on U.S. Futures, Yen and Euro Rise
TradingKey - Just days after a temporary easing of U.S.-China trade tensions, U.S. President Trump once again issued tariff threats against the global economy. Trump said Wednesday (June 11) in Washington that he would send letters to countries within one-and-a-half to two weeks outlining unilateral
INSIGHT-Islamic State reactivating fighters, eying comeback in Syria and Iraq
Trump asked Syria's new Islamist leader to help prevent IS resurgenceIS activating sleeper cells, planning attacks in Syria and Iraq, security sources saySo far, effects appear limited; security officials say they foiled at least a dozen major plotsNumber of attacks claimed by IS has dropped sin...Reuters
Thu, Jun 12
Soccer-'Ted Lasso' stars tell Los Angeles to surrender to the World Cup vibe
By Rory Carroll LOS ANGELES, June 11 (Reuters) - The creators and stars of award-winning comedy series "Ted Lasso" were among those expressing hope that the World Cup would bring people together at an event in Los Angeles on Wednesday marking the one-year countdown to the tournament.Los A...Reuters
Thu, Jun 12
Super-long JGB yields rise after weak auction, reversing earlier declines
TOKYO, June 12 (Reuters) - Long-dated Japanese government bond yields rose briefly on Thursday, reversing earlier declines, following weak demand at a government auction of the debt. The Ministry of Finance received bids worth 897.8 billion yen ($6.24 billion) and sold 449.8 billion yen...Reuters
Thu, Jun 12
German defence minister visits Ukraine for talks on weapons support
BERLIN, June 12 (Reuters) - German Defence Minister Boris Pistorius has arrived in Kyiv to discuss military support for Ukraine in its war with Russia, the DPA news agency reported on Thursday.Pistorius plans to hold talks with Ukrainian government representatives about further weapons aid from Berl...Reuters
Thu, Jun 12
Trump met with cheers, boos at Kennedy Center for 'Les Miserables' performance
Trump says donors raised $10 million for Kennedy CenterTicket sales drop, some shows cancel after conservative takeoverCrowd includes donors and general publicBy Jeff Mason WASHINGTON, June 11 (Reuters) - A loud mix of boos and cheers greeted U.S. President Donald Trump on Wednesday when he atten...Reuters
Thu, Jun 12
PRESS DIGEST- New York Times business news - June 12
June 12 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Israel appears to be preparing to launch an attack soon on Iran, according to officials in the United States and Europe, a step t...Reuters
Thu, Jun 12
UCB Says Its DZP Shows 'Efficacy' Across Multiple Clinical Endpoints
June 12 (Reuters) - UCB SA UCB.BR:DAPIROLIZUMAB PEGOL PHASE 3 DATA IN SLE PRESENTED AT THE ANNUAL EUROPEAN CONGRESS OF RHEUMATOLOGY (EULAR) SHOW IMPROVEMENT IN FATIGUE AND REDUCTION IN DISEASE ACTIVITYDZP SHOWED CONSISTENT IMPROVEMENTS IN FATIGUE, A COMMON AND DEBILITATING SYMPTOM OF SYSTEMIC LUPUS ...Reuters
Thu, Jun 12
Hudson Pacific Properties Announces Pricing Of $600 Million Public Offering
June 12 (Reuters) - Hudson Pacific Properties Inc HPP.N:HUDSON PACIFIC PROPERTIES ANNOUNCES PRICING OF $600 MILLION PUBLIC OFFERINGHUDSON PACIFIC PROPERTIES INC - COMMON STOCK PRICED AT $2.23 PER SHARE, WARRANTS AT $2.22Reuters
Thu, Jun 12
Wars now displace over 122 million people as aid funding falls, UN says
Lengthy wars in Sudan, Ukraine, Myanmar drive displacementRise comes despite return of nearly 2 million SyriansFunding falls to levels from 10 years ago By Emma Farge GENEVA, June 12 (Reuters) - The number of people displaced by war and persecution around the world climbed above 122 million this ...Reuters
Thu, Jun 12
ANALYSIS-As global tumult grows, UK Plc's stability and bargains appeal to dealmakers
June 9 was busiest day for UK takeovers this year, Dealogic dataShares in Britain's companies have lagged those listed on European or U.S exchanges, LSEG dataBidders drawn to improving economic environment in the UK, analystBy Amy-Jo Crowley, Yadarisa Shabong, Purvi Agarwal LONDON, June 12 (R...Reuters
Thu, Jun 12
Private market push in focus as BlackRock hosts investor day
BlackRock expanded into private markets with big deals last yearInvestors looking for details on alternative asset strategyPreqin deal may lead to private market indexesLarry Fink's succession also a focus for investors, analyst saysBy Davide Barbuscia NEW YORK, June 12 (Reuters) - BlackRock ...Reuters
Thu, Jun 12
Rubio marks Russia Day, reaffirms calls for peace with Ukraine
June 12 (Reuters) - The United States supports Russians' aspirations for a brighter future, Secretary of State Marco Rubio said on the occasion of Russia Day, reaffirming a desire for constructive engagement in efforts to bring about peace in the war with Ukraine.The Russia Day holiday marks the...Reuters
Thu, Jun 12
Rubio marks Russia Day, reaffirms calls for peace with Ukraine
June 12 (Reuters) - The United States supports Russians' aspirations for a brighter future, Secretary of State Marco Rubio said on the occasion of Russia Day, reaffirming a desire for constructive engagement in efforts to bring about peace in the war with Ukraine."The United States remains c...Reuters
Thu, Jun 12
Bunge nears China ruling for $8.2 billion Viterra merger, Bloomberg News reports
June 10 (Reuters) - U.S. grains merchant Bunge BG.N is close to getting a ruling from Chinese regulators on its $8.2 billion purchase of Glencore-backed GLEN.L Viterra with a verdict expected within days, Bloomberg News reported on Wednesday. The merger, first announced in 2023, would create ...Reuters
Thu, Jun 12
