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Intel in talks with large investors for equity boost at discount, CNBC reports
Aug 20 (Reuters) - Intel INTC.O is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, just days after the chipmaker got a $2 billion capital injection from SoftBank Group 9984.T.Reuters
Wed, Aug 20
Porsche-backed Group14 closes new funding, takes control of JV's battery material plant
Aug 20 (Reuters) - Group14 Technologies said on Wednesday it had raised $463 million in its latest financing round led by South Korean investment firm SK 034730.KS, as the silicon-based battery material startup aims to scale up production.The startup said it also acquired the remaining 75% stake in ...Reuters
Wed, Aug 20
US issues fresh International Criminal Court-related sanctions
WASHINGTON, Aug 20 (Reuters) - The United States has added four people associated with the International Criminal Court to its special designated nationals sanctions list, a Treasury Department website showed on Wednesday. An International Criminal Court-related general license "authorizing the ...Reuters
Wed, Aug 20
Israel approves settlement plan to 'erase' idea of Palestinian state
Project was previously frozen after US, European objectionsRestarting construction could further isolate IsraelAdvocacy group says work could begin within a few months JERUSALEM, Aug 20 (Reuters) - A widely condemned Israeli settlement plan that would cut across land which the Palestinians seek f...Reuters
Wed, Aug 20
Hanover Insurance prices $500 million notes offering with 5.50% coupon
By Ashish TiwariAug 20 - (The Insurer) - The Hanover Insurance Group on Tuesday said it has priced a $500 million offering of senior unsecured notes due September 1, 2035, carrying a coupon of 5.50%.The Massachusetts-based P&C insurer said it plans to use net proceeds to repay its outstanding 7....Reuters
Wed, Aug 20
Three killed in Russian shelling of key eastern Ukrainian city, local officials say
KYIV, Aug 20 (Reuters) - At least three people were killed in a Russian artillery attack on the eastern Ukrainian city of Kostiantynivka, local officials said on Wednesday, as Moscow's troops advance to encircle the strategic hub in Ukraine's industrialised Donbas region.Another four people ...Reuters
Wed, Aug 20
Citi investigates HR complaints against wealth head Sieg, Bloomberg News reports
Aug 20 (Reuters) - Citigroup C.N has hired law firm Paul Weiss to investigate complaints about the behavior of the bank's wealth-management chief, Andy Sieg, Bloomberg News reported on Wednesday, citing people with direct knowledge of the matter.Reuters
Wed, Aug 20
United Airlines Ventures invests in aerospace startup Astro Mechanica
Aug 20 (Reuters) - United Airlines' UAL.O venture capital arm said on Wednesday it has invested in aerospace startup Astro Mechanica, which develops airframe designs and propulsion systems for supersonic aircraft, signaling renewed industry interest in ultra-fast jets.The Trump administration ha...Reuters
Wed, Aug 20
Tennis-Shelton ready for New York spotlight at U.S. Open
By Amy TenneryNEW YORK, Aug 20 (Reuters) - Ben Shelton returns to Flushing Meadows with newfound confidence after claiming his biggest title and a career-high ranking two years after his charmed run to the U.S. Open semi-final.Shelton outlasted Russian Karen Khachanov 6-7(5) 6-4 7-6(3) in a tough fi...Reuters
Wed, Aug 20
Tennis-Alcaraz arrives in New York red-hot and ready to reclaim top ranking
By Shrivathsa SridharBENGALURU, Aug 20 (Reuters) - Carlos Alcaraz heads to the U.S. Open in his now-familiar role as chief challenger to defending champion Jannik Sinner and the Spaniard will be driven this year by the twin pursuit of Grand Slam glory and the world number one ranking.The 22-year-old...Reuters
Wed, Aug 20
Tennis-Who are the other men's contenders to look out for at the US Open?
By Aadi Nair Aug 20 (Reuters) - The following are some of the other contenders for the men's singles title at the U.S. Open, which begins on Sunday: ALEXANDER ZVEREV (GERMANY)Ranking: 3Alexander Zverev showed flashes of his best to reach the Australian Open final at the start of the year, b...Reuters
Wed, Aug 20
Tennis-Aging Djokovic out to turn back time in push for U.S. Open glory
By Janina Nuno RiosAug 20 (Reuters) - After semi-final runs at all three Grand Slams this season, 38-year-old Novak Djokovic arrives at the U.S. Open chasing history while confronting the limits of an aging body.The Serbian great remains in pursuit of an unprecedented 25th Grand Slam title, but come...Reuters
Wed, Aug 20
Tennis-Sinner's health comes into focus ahead of U.S. Open
By Rory Carroll Aug 20 (Reuters) - Top-ranked Jannik Sinner arrives at the U.S. Open as the defending champion and a leading contender, though his withdrawal from the Cincinnati final on Monday due to illness adds a measure of uncertainty to his title defence.The Italian looked off from the outse...Reuters
Wed, Aug 20
CVS unit must pay $290 million in drug whistleblower lawsuit, judge rules
By Jonathan Stempel Aug 20 (Reuters) - A federal judge ordered CVS Health's CVS.N pharmacy benefit manager unit to pay $289.9 million in damages and penalties after it overcharged Medicare for prescription drugs.In a Tuesday decision, Chief Judge Mitchell Goldberg in Philadelphia federal cour...Reuters
Wed, Aug 20
Trump buys more than $100 million in bonds in office, disclosure shows
WASHINGTON, Aug 20 (Reuters) - U.S. President Donald Trump has bought more than $100 million in company, state and municipal bonds since taking office in January, his disclosures showed this week. The forms, posted online on Tuesday, show the billionaire Republican president made more than 600 finan...Reuters
Wed, Aug 20
China's vice commerce minister meets with foreign businesses
BEIJING, Aug 20 (Reuters) - China's vice commerce minister Ling Ji met with representatives from over 30 foreign firms including ExxonMobil XOM.N, BASF BASFn.DE, IBM IBM.N, Siemens SIEGn.DE and Walmart WMT.N in the city of Guangzhou.China "hopes that foreign enterprises will continue to deep...Reuters
Wed, Aug 20
PrimeEnergy Resources reports 35% decline in Q2 revenue
OverviewPrimeEnergy Q2 revenue falls to $42 mln from $64.8 mln year-over-yearQ2 net income drops to $3.2 mln, diluted EPS at $1.33Company repurchased 53,000 shares, plans to continue buybacks in 2025OutlookCompany plans to continue share repurchases through year-endResult DriversDIVERSIFIED PRODUCTI...Reuters
Wed, Aug 20
