News
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INSIGHT-Egypt's crackdown drives Sudanese refugees on new route to Libya and beyond
Sudanese refugees increasingly fleeing to Libya from Egypt Economic hardship, crackdown in Egypt driving refugees onwardsUNHCR: 134% rise in Sudanese arriving in Europe so far in 2025Egypt says no bias against Sudanese, all receive their rightsEU pledges billions of euros to Egypt to curb migrationB...Reuters
Wed, Jun 11
Russia says scale of damage from Ukrainian attacks on airfields has been exaggerated
MOSCOW, June 11 (Reuters) - Russia's nuclear capability has not suffered significant damage due to Ukraine's attacks on military airfields and the scale of the damage has been exaggerated, Deputy Foreign Minister Sergei Ryabkov was quoted as saying by RIA on WednesdayReuters
Wed, Jun 11
Ategrity IPO to raise $113 million gross proceeds, prices above guidance
By Michael LoneyJune 11 - (The Insurer) - E&S carrier Ategrity Specialty has priced its initial public offering of 6,666,667 shares of common stock at $17 per share, and is set to begin trading on the New York Stock Exchange on Wednesday.The offering price is above the $14 to $16 range that Ateg...Reuters
Wed, Jun 11
ECB, China's central bank renew cooperation agreement
FRANKFURT, June 11 (Reuters) - The European Central Bank said on Wednesday it signed a memorandum of understanding with the People's Bank of China to update their existing cooperation in central banking.The update of a 2008 agreement between the two central banks includes a framework for the reg...Reuters
Wed, Jun 11
KKR outbids PHP in battle to buy UK's Assura
June 11 (Reuters) - U.S. private equity firm KKR KKR.N raised its offer to buy British healthcare real estate investor Assura AGRP.L. valuing it at nearly 1.7 billion pounds ($2.29 billion), or 52.1 pence a share, outbidding rival suitor Primary Health Properties PHP.L.($1 = 0.7415 pounds)Reuters
Wed, Jun 11
Prysmian Completes Acquisition Of Channell For $950 Mln
June 11 (Reuters) - Prysmian SpA PRY.MI:TO REVIEW GUIDANCE INCLUDING CHANNELL'S CONTRIBUTION ON JULY 31, 2025 COMPLETES ACQUISITION OF CHANNELL FOR $950 MILLIONMAY PAY ADDITIONAL $200 MILLION IF CHANNELL MEETS EBITDA TARGETSCHANNELL TO BE FULLY CONSOLIDATED INTO PRYSMIAN FROM JUNE 1, 2025Reuters
Wed, Jun 11
Wsp To Acquire Ricardo, A Global Strategic And Engineering Consultancy Firm
June 11 (Reuters) - WSP Global Inc WSP.TO:WSP TO ACQUIRE RICARDO, A GLOBAL STRATEGIC AND ENGINEERING CONSULTANCY FIRMWSP GLOBAL INC - TO BUY RICARDO PLC FOR 430 PENCE PER SHAREWSP GLOBAL INC - ACQUISITION ENTERPRISE VALUE ABOUT £363.1 MILLION ($670 MILLION)WSP GLOBAL INC - SECURES £230 MILLION TERM ...Reuters
Wed, Jun 11
Saab and Helsing pit AI-piloted warplane against real fighter pilot
Three trials carried out between May 28 and June 3AI pilot fed equivalent of 30 years' experience weeklyResults inconclusive on AI versus human pilot performanceSaab exploring crewed and uncrewed next generation combat jets By Tim HepherPARIS, June 11 (Reuters) - Sweden's Saab SAABb.ST and ...Reuters
Wed, Jun 11
Swimming-McIntosh posts second-fastest 200 butterfly of all time at Canadian trials
June 11 (Reuters) - Summer McIntosh came within a whisker of breaking a third world record at the Canadian swimming trials on Tuesday after finishing 0.45 seconds outside Liu Zige's 200m butterfly mark set during the era of the now-banned "super-suits". Three-times Olympic champion M...Reuters
Wed, Jun 11
Austrian police search for answers after mass shooting in school
By Francois Murphy GRAZ, Austria, June 11 (Reuters) - Austrian authorities were searching on Wednesday for answers to why a 21-year-old gunman shot 10 people in a rampage at his former high school before killing himself, one of the worst outbreaks of violence in the country's modern history.P...Reuters
Wed, Jun 11
PRESS DIGEST -Wall Street Journal - June 11
June 11 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- General Motors GM.N is spending $4 billion to produce more vehicles in the U.S., as the vehicles importer looks to reduce its exposure to t...Reuters
Wed, Jun 11
US Marines arrive in LA; California governor warns 'democracy under assault'
Marines arrive in Los Angeles area, await deployment to city sitesCalifornia governor fires back at Trump, saying, "Democracy is under assault"Los Angeles imposes downtown curfew, another 197 people arrestedProtests spread to multiple US cities, remain largely peacefulBy Brad Brooks, Phil St...Reuters
Wed, Jun 11
Kremlin aide says Ukraine will lose more territory if it refuses Moscow's demands, WSJ reports
MOSCOW, June 11 (Reuters) - Kremlin aide Vladimir Medinsky said that unless Ukraine agreed to Russia's conditions for an end to the war then Kyiv would lose more territory, the Wall Street Journal reported."With Russia, it's impossible to fight a long war," Medinsky told the Journal,...Reuters
Wed, Jun 11
Zara owner Inditex reports weaker than expected first-quarter sales
MADRID, June 11 (Reuters) - Zara owner Inditex ITX.MC missed expectations for its first-quarter sales on Wednesday, adding to doubts about the ability of the fast-fashion retailer to keep delivering strong sales growth in an uncertain economic environment.The company reported revenues of 8.27 billio...Reuters
Wed, Jun 11
Chinese aircraft carriers in Pacific show country's 'expansionist' aims, Taiwan says
Two Chinese carriers reported operating at once in PacificChinese navy honing ability to operate far from its shoresTaiwan expects deliveries of new F-16 fighter jets TAIPEI, June 11 (Reuters) - The two Chinese aircraft carriers spotted conducting simultaneous operations in the Pacific for the fi...Reuters
Wed, Jun 11
U.S.-Russian talks to take place in Moscow, Russian envoy says
MOSCOW, June 11 (Reuters) - Talks between the United States and Russia on resolving issues in their bilateral relations will move to Moscow from Istanbul, Russia's new ambassador to Washington told the state TASS news agency."The recovery of Russian-American relations is still a long way off...Reuters
Wed, Jun 11
Pentagon slashes in half its request for Air Force F-35s, Bloomberg News reports
June 11 (Reuters) - The Pentagon is scaling back by half its request to Congress for the U.S. Air Force's Lockheed Martin LMT.N F-35 jets, Bloomberg News reported on Tuesday.A U.S. Defense Department procurement request document sent to Capitol Hill this week asked for 24 of the planes, down fro...Reuters
Wed, Jun 11
PRESS DIGEST- New York Times business news - June 11
June 10 (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.- Meta META.O is preparing to unveil a new artificial intelligence research lab dedicated to pursuing "superintelligence," ...Reuters
Wed, Jun 11
