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STMicro CEO sees signs of market upturn, but stays cautious of geopolitics
STMicro sees start of new demand cycle, CEO saysTo archive Q2 targets, grow sequentially in Q3Strong demand in China, weak in EuropeShares up 7.9% at 1152 GMTBy Nathan Vifflin June 4 (Reuters) - STMicroelectronics' STMPA.PA CEO said on Wednesday that the French-Italian chipmaker has seen sign...Reuters
Wed, Jun 4
Russia says the West is involved in Ukraine's attacks on civilian targets
MOSCOW, June 4 (Reuters) - Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday that the West was involved, both directly and indirectly, in Ukrainian "terrorist attacks" against civilian targets in Russia.Western countries, NATO and "the collective West" supply wea...Reuters
Wed, Jun 4
Rimini Street On June 3, Court Vacates $58.5 Million Attorneys' Fees Award To Oracle In Connection With The Rimini Ii Matter - SEC Filing
June 4 (Reuters) - Rimini Street Inc RMNI.O:RIMINI STREET INC - ON JUNE 3, COURT VACATES $58.5 MILLION ATTORNEYS' FEES AWARD TO ORACLE IN CONNECTION WITH THE RIMINI II MATTER - SEC FILINGSource text: [ID:n0001635282-25-000165]Reuters
Wed, Jun 4
DUAE premium volume grew 14.5% in 2024 to $89.9 billion, AM Best report shows
By Chris MunroJune 4 - (The Insurer) - MGAs and other delegated underwriting authority enterprises (DUAEs) once again booked double-digit growth in 2024, with new figures from AM Best showing the segment generated $89.9 billion in direct premiums written (DPW).That figure, based solely on data sourc...Reuters
Wed, Jun 4
RPT-BREAKINGVIEWS-Robotaxis go from hype to maybe, possibly, profit
By Katrina Hamlin HONG KONG, June 4 (Reuters Breakingviews) - Self-driving cars have seemed the ultimate unfulfilled promise. Everyone from Tesla TSLA.O boss Elon Musk to ousted Nissan 7201.T Chair Carlos Ghosn has hailed the impending mass arrival of vehicles that can dispense with human drivers...Reuters
Wed, Jun 4
RPT-BREAKINGVIEWS-Victoria's Secret belongs behind closed doors
By Pranav KiranTORONTO, June 3 (Reuters Breakingviews) - Victoria’s Secret VSCO.N is struggling with the public glare. Since becoming independent in 2021, the lingerie retailer’s shares have halved. An Australian billionaire who amassed a 13% stake has sparked defensive tactics, but it’s an opportu...Reuters
Wed, Jun 4
Chart Industries and Flowserve to merge in an about $19 billion deal
June 4 (Reuters) - U.S.-based equipment manufacturer Chart Industries GTLS.N and Flowserve Corp FLS.N said on Wednesday they will merge in an all-stock deal expected to have an enterprise value of about $19 billion. Chart shareholders will receive 3.165 shares flow control systems maker Flowser...Reuters
Wed, Jun 4
EU Commission urges faster implementation of investment, reforms to spend EU's Recovery Fund
BRUSSELS, June 4 (Reuters) - The European Commission urged EU governments on Wednesday to speed up the implementation of reforms and investments so that they manage to spend the billions of euros still available to them in the EU's Recovery fund before the August 2026 deadline.EU governments hav...Reuters
Wed, Jun 4
MS Amlin and Mosaic provide credit coverage to 200 million euro Togo sustainable loan
By Rebecca DelaneyJune 4 - (The Insurer) - A trio of Lloyd's market participants has supported a transaction by Legal & General (L&G) to mobilise a 200 million euro ($228 million) sustainable loan for the Republic of Togo.MS Amlin and Mosiac Insurance, alongside credit and political risk...Reuters
Wed, Jun 4
Indonesia weighing purchase of China's J-10 fighter jets
JAKARTA, June 4 (Reuters) - Indonesia is weighing buying China's J-10 fighter jets, given their relatively cheaper price and advanced capability, as it also considers finalising a purchase of U.S.-made F-15EX jets, a senior official said on Wednesday.Southeast Asia's most populous country ha...Reuters
Wed, Jun 4
TIMELINE-Trump trade war: tariff deadlines and key upcoming events
June 4 (Reuters) - The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride. Companies are counting the cost of the trade war that is now being estimated at more than $34 billion in...Reuters
Wed, Jun 4
Pakistan open, 'not desperate' for talks with arch-rival India, says foreign minister
By Asif Shahzad ISLAMABAD, June 4 (Reuters) - Pakistan is "ready but not desperate" for talks with arch-rival India, its foreign minister said on Wednesday, in remarks that underline the lack of a thaw between the two nuclear-armed neighbours following their worst military conflict in dec...Reuters
Wed, Jun 4
Morning News Call - Canada, June 4
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0815 Reserve Ass...Reuters
Wed, Jun 4
Tennis-Blunder fest as Gauff downs Keys to reach last four in Paris
By Julien PretotPARIS, June 4 (Reuters) - Coco Gauff huffed and puffed into the French Open semi-finals with a 6-7(6) 6-4 6-1 victory against fellow American Madison Keys in a match both players will be quick to forget as they broke the 100-unforced errors barrier on Wednesday.More than half of Gauf...Reuters
Wed, Jun 4
Tesla May sales fall in big European markets ahead of new Model Y deliveries
By Amir Orusov and Nick Carey June 4 (Reuters) - Tesla's TSLA.O sales dropped for the fifth straight month in Britain, Germany and Italy in May, underscoring the challenges the electric vehicle-maker faces over CEO Elon Musk's politics and its model line-up.Demand for the company's n...Reuters
Wed, Jun 4
Invesque Completes Previously Announced Sale Of 20 Seniors Housing Assets And Its Ownership Interests In Commonweath Senior Living
June 4 (Reuters) - Invesque Inc IVQ.TO:INVESQUE INC. COMPLETES PREVIOUSLY ANNOUNCED SALE OF 20 SENIORS HOUSING ASSETS AND ITS OWNERSHIP INTERESTS IN COMMONWEALTH SENIOR LIVINGReuters
Wed, Jun 4
Cardinal Health Launches New Medical Device For The Continuous Monitoring Of Three Essential Vital Signs In One System
June 4 (Reuters) - Cardinal Health Inc CAH.N:CARDINAL HEALTH LAUNCHES NEW MEDICAL DEVICE FOR THE CONTINUOUS MONITORING OF THREE ESSENTIAL VITAL SIGNS IN ONE SYSTEMCARDINAL HEALTH INC - KENDALL DL MULTI SYSTEM NOW AVAILABLE IN U.S.Reuters
Wed, Jun 4
Redwire Receives NASA Approval To Advance Cutting-Edge Manufacturing Technology For Building Infrastructure On Moon And Mars
June 4 (Reuters) - Redwire Corp RDW.N:REDWIRE RECEIVES NASA APPROVAL TO ADVANCE CUTTING-EDGE MANUFACTURING TECHNOLOGY FOR BUILDING INFRASTRUCTURE ON MOON AND MARSReuters
Wed, Jun 4
