News
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Bookrunner Says Alvotech AEO Deal Expected To Price At 100 Sek
June 4 (Reuters) - Bookrunner: BLOCK TRADE: ALVOTECH AEO DEAL EXPECTED TO PRICE AT 100 SEK / 9.1% DISCOUNT TO CLOSE; BOOKS CLOSE AT 7:45PM CET / 6:45PM UKT- BOOKRUNNERBLOCK TRADE: ALVOTECH AEO PRICING ISK LINE 1320,83- BOOKRUNNERReuters
Wed, Jun 4
Amazon to invest $10 billion in North Carolina to expand cloud, AI infrastructure
June 4 (Reuters) - Amazon.com AMZN.O is investing $10 billion in North Carolina to expand its artificial intelligence infrastructure, further deepening its presence in the state as it seeks to cement its position in the fast-growing technology.The investment, announced on Wednesday for Richmond Coun...Reuters
Wed, Jun 4
Mexico seen renewing its approval for Nippon Steel-US Steel tie-up Thursday, sources say
By Alexandra Alper and Diego Oré WASHINGTON/MEXICO CITY June 4 (Reuters) - Mexico's antitrust watchdog is expected to renew its approval of Nippon Steel's fraught $14.9-billion bid for U.S. Steel as soon as Thursday, according to three people familiar with the matter, removing one of the ...Reuters
Wed, Jun 4
US FAA not currently considering lifting Boeing 737 MAX production cap
By David Shepardson WASHINGTON, June 4 (Reuters) - The acting head of the Federal Aviation Administration said he is not currently considering lifting a production cap of 38 planes per month on Boeing's 737 MAX imposed after a January 2024 mid-air emergency involving a new Alaska Airlines ALK...Reuters
Wed, Jun 4
Tennis-Fit and firing Boisson dares to dream as stunning French Open run rolls on
By Julien PretotPARIS, June 4 (Reuters) - At Roland Garros, a venue that has crushed generations of French players, world number 361 Lois Boisson is daring to dream of an improbable triumph after she stormed into the French Open semi-finals on Wednesday to continue her magnificent run. The 22-yea...Reuters
Wed, Jun 4
Trump: Putin said Russia would respond to Ukraine drone attacks
WASHINGTON, June 4 (Reuters) - Russian President Vladimir Putin told Donald Trump in a telephone conversation on Wednesday that Moscow would have to respond to the recent Ukrainian drone attacks, the U.S. President said.Trump said the two men "discussed the attack on Russia’s docked airplanes, b...Reuters
Wed, Jun 4
FDA Continues Tracking Reports Of Adverse Events Linked To Misuse Of Nitrous Oxide Canisters
June 4 (Reuters) - FDA: CONTINUES TRACKING REPORTS OF ADVERSE EVENTS RESULTING FROM INHALATION & MISUSE OF NITROUS OXIDE CANISTERSFDA: UPDATED LIST OF NITROUS OXIDE PRODUCT BRAND NAMES TO INCLUDE EXOTICWHIP, FASTGAS, AND NITROXSource text: [ID:]Further company coverage: [ ]Reuters
Wed, Jun 4
Tizzio says focus on mental health is ‘integral’ part of Axis' strategy
By James ThalerJune 2 - (The Insurer) - Axis Capital CEO Vince Tizzio has called his company’s focus on addressing mental health in the workplace an “integral” part of its strategy and a key part of its turnaround, while he also detailed the rationale behind its position on hybrid working and the re...Reuters
Wed, Jun 4
100 Democrats urge Trump officials to restore deportation relief for Afghans in the US
By Ted Hesson WASHINGTON, June 4 (Reuters) - A group of 100 Democratic lawmakers is urging top Trump administration officials to restore deportation protections for thousands of Afghans in the U.S., warning they would be sent back to "devastating humanitarian and economic conditions" in A...Reuters
Wed, Jun 4
India directs Turkish Airlines to maintain compliance after safety lapses
June 4 (Reuters) - India directed Turkish Airlines to ensure full compliance with aviation regulations following lapses found during inspections of the carrier's passenger and cargo flights at several cities, the country's civil aviation ministry said on Wednesday.The Directorate General of ...Reuters
Wed, Jun 4
US House plans quick action on Trump cuts to foreign aid spending
House leaders to file bill as soon as ThursdayPassing cuts into law would lower chances of court challengesCuts were advocated by Elon Musk's DOGECongressional leaders have been reluctant to oppose TrumpBy Patricia Zengerle WASHINGTON, June 4 (Reuters) - Republican leaders of the U.S. House o...Reuters
Wed, Jun 4
Trump says he spoke to Putin about Ukraine drone attacks, Iran
WASHINGTON, June 4 (Reuters) - U.S. President Donald Trump said on Wednesday that he discussed the recent drone attacks by Ukraine on Russia and developments concerning Iran in a telephone conversation with Russian President Vladimir Putin.During the conversation, Putin told Trump that Russia will h...Reuters
Wed, Jun 4
Bolttech raises $147 million after closing Series C
By Chris MunroJune 4 - (The Insurer) - Bolttech has closed its previously announced Series C funding round and raised $147 million from a panel of investors that includes new backers Sumitomo Corporation and Iberis Capital.The Singapore-headquartered insurtech announced in December that it expected ...Reuters
Wed, Jun 4
US tells Israel it will veto draft UN ceasefire resolution, Axios reports
June 4 (Reuters) - The United States has told Israel it will veto the draft UN Security Council resolution slated for a vote on Wednesday, an Axios reporter said in a post on X, citing two Israeli officials. The resolution is on a demand for a ceasefire between Israel and Hamas and humanitarian acce...Reuters
Wed, Jun 4
Republican FCC commissioner Simington will step down this week
WASHINGTON, June 4 (Reuters) - Republican Federal Communications Commission member Nathan Simington said Wednesday he plans to resign this week after more than four years in office.Simington was confirmed in December 2020 to the five-member FCC after he lead a regulatory effort during President Dona...Reuters
Wed, Jun 4
Sean 'Diddy' Combs dangled Cassie's friend off balcony, jury hears
By Luc Cohen NEW YORK, June 4 (Reuters) - Hip-hop mogul Sean "Diddy" Combs dangled a friend of his former girlfriend Casandra Ventura off the balcony of a high-rise apartment in September 2016, the friend testified on Wednesday at Combs' sex trafficking trial. "I was held over a 1...Reuters
Wed, Jun 4
Bookrunner Says Avolta Secondary ABB Base Deal Size C. 4.07M Shares
June 4 (Reuters) - Bookrunner:BLOCK TRADE: AVOLTA SECONDARY ABB BASE DEAL SIZE: C. 4.07M SHARES / C. 2.8% ISC / C. CHF 180M- BOOKRUNNERBLOCK TRADE: AVOLTA SECONDARY ABB PRICE GUIDANCE: CHF 43.46 TO MARKET - BOOKRUNNERReuters
Wed, Jun 4
Apple and Alibaba's AI rollout in China delayed by Trump's trade war, FT reports
June 4 (Reuters) - Apple AAPL.O and Alibaba's 9988.HK rollout of artificial intelligence services in China is being delayed by a Beijing regulator, the Financial Times reported on Wednesday, as the partnership becomes the latest to take a hit due to U.S. President Donald Trump's trade war.Th...Reuters
Wed, Jun 4
