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Bolttech Closes Series C Fundraise, Adds Strategic Investors Sumitomo Corp & Iberis Capital
June 4 (Reuters) - Bolttech:BOLTTECH CLOSES SERIES C FUNDRAISE, WELCOMES STRATEGIC INVESTORS SUMITOMO CORPORATION AND IBERIS CAPITALBOLTTECH: SHARES ACQUIRED BY SERIES C INVESTORS IN AMOUNT OF US$147 MILLION, REFLECTING VALUATION OF US$2.1 BILLIONReuters
Wed, Jun 4
Trump administration renegotiating "overly generous" Biden Chips Act grants
WASHINGTON, June 4 (Reuters) - The Trump administration is renegotiating some "overly generous" grants to semiconductor firms that were signed as part of the Chips Act under former President Joe Biden, U.S. Commerce Department Secretary Howard Lutnick said at a hearing on Wednesday.Some of t...Reuters
Wed, Jun 4
ABI names Bose as director of general insurance and international
By Rebecca DelaneyJune 4 - (The Insurer) - The Association of British Insurers (ABI) has appointed Chris Bose as director of general insurance and international, the industry body said on Wednesday.The appointment is effective from August 11.Bose will join the ABI from the Nationwide Building Societ...Reuters
Wed, Jun 4
Tech giant SAP asks US Supreme Court to reconsider rival's antitrust win
By Mike Scarcella June 4 (Reuters) - Europe's largest software maker SAP (SAPG.DE) has asked the U.S. Supreme Court to review a decision that said the technology giant must face a lawsuit by U.S. data technology company Teradata accusing it of violating antitrust law.SAP in a petition made pu...Reuters
Wed, Jun 4
Germany starts hunt for more air defences as Zelenskiy pleads for Patriots
By Sabine Siebold, Andrew Gray and Makini BriceBRUSSELS, June 4 (Reuters) - Germany launched a fresh bid on Wednesday to chase down more air defence systems for Ukraine, which in past weeks has suffered some of the heaviest Russian attacks since the full-scale invasion in 2022.Berlin aims to potenti...Reuters
Wed, Jun 4
Nvidia chips make gains in training largest AI systems, new data shows
By Stephen NellisSAN FRANCISCO, June 4 (Reuters) - Nvidia's NVDA.O newest chips have made gains in training large artificial intelligence systems, new data released on Wednesday showed, with the number of chips required to train large language models dropping dramatically.MLCommons, a nonprofit ...Reuters
Wed, Jun 4
IGM Financial Announces May 2025 Assets Under Management Of $278.8 Billion
June 4 (Reuters) - IGM Financial Inc IGM.TO:IGM FINANCIAL INC. ANNOUNCES MAY 2025 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWSIGM FINANCIAL INC - REPORTS ASSETS UNDER MANAGEMENT OF $278.8 BILLION AT MAY 31Reuters
Wed, Jun 4
Street View: Wells Fargo on track for strong growth after Fed removes asset cap
** Shares of fourth-largest U.S. bank Wells Fargo WFC.N rise 0.7% to $76.16, briefly hitting a three-month high, after U.S. Federal Reserve lifts longstanding $1.95 trillion cap on its assets ** Of 24 analysts that cover stock, 17 rate it "buy" or higher, rest "hold"; median PT is $8...Reuters
Wed, Jun 4
Top Salvadoran ex-military officers sentenced for wartime killing of Dutch journalists
SAN SALVADOR, June 4 (Reuters) - A jury in El Salvador sentenced three retired high-ranking military officers to 15 years in prison for the murder of four Dutch journalists in 1982, one of the highest profile cases of the Central American nation's civil war.The three were charged on Tuesday for ...Reuters
Wed, Jun 4
U.S. RESEARCH ROUNDUP- Ameriprise Financial, Crowdstrike, Zscaler
June 4 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Ameriprise Financial, Crowdstrike and Zscaler, on Wednesday. HIGHLIGHTS * Ameriprise Financial Inc AMP.N: Jefferies raises target price to $605 from $602* C...Reuters
Wed, Jun 4
Prosecutors wrap up closing arguments in Harvey Weinstein sexual assault retrial
He is accused of a 2013 rape and assaults in 2002 and 2006Defense tells jurors the accusers lied on witness standWeinstein's 2020 rape conviction was overturned on appealBy Jack QueenNEW YORK, June 3 (Reuters) - Prosecutors made their final pitch to jurors on Wednesday in the rape and sexual ass...Reuters
Wed, Jun 4
Hong Kong curbs Tiananmen anniversary, as US and Taiwan say world must remember
Security tight in Hong Kong, vigils no longer held thereChina has never provided full death toll for Tiananmen crackdownTiananmen Mothers call for public accounting for what happenedChina denounces U.S. comments as "distortion of history"By Jessie Pang and Yimou Lee HONG KONG/TAIPEI, June...Reuters
Wed, Jun 4
US appeals court sides with Moderna on COVID patent claims
By Blake Brittain June 4 (Reuters) - Moderna MRNA.O convinced a U.S. appeals court on Wednesday to uphold a ruling that undercut patent infringement claims by biotech company Alnylam Pharmaceuticals ALNY.O over Moderna's blockbuster COVID-19 vaccine Spikevax.The U.S. Court of Appeals for the ...Reuters
Wed, Jun 4
Ukraine's Zelenskiy suggests truce until meeting with Putin can be arranged
KYIV, June 4 (Reuters) - Ukrainian President Volodymyr Zelenskiy on Wednesday proposed implementing a ceasefire until a meeting can be arranged with Russian President Vladimir Putin."My proposal, which I believe our partners can support, is that we agree a ceasefire with the Russians until t...Reuters
Wed, Jun 4
