News
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AI startup Perplexity makes bold $34.5 billion bid for Google's Chrome browser
By Akash SriramAug 12 (Reuters) - Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet's GOOGL.O Chrome browser on Tuesday, a bid far above its own valuation as the startup reaches for the browser's billions of users pivotal to the AI search race.Run by Aravind Srinivas...Reuters
Tue, Aug 12
Russia tries to make sudden advance in Ukraine before Trump-Putin summit
Some Ukrainian and Western war bloggers sound the alarmUkrainian army says it is working to block the advanceMove threatens to breach Ukrainian defence linesZelenskiy says Russia is trying to shape the narrativePutin and Trump to meet on Friday in AlaskaBy Andrew Osborn MOSCOW, Aug 12 (Reuters) -...Reuters
Tue, Aug 12
Athletics-US sprinter Kerley provisionally suspended for whereabouts failures
NEW YORK, Aug 12 (Reuters) - Olympic 100 metres silver and bronze medallist Fred Kerley has been provisionally suspended by the Athletics Integrity Unit for whereabouts failures, the organisation said on Tuesday.The 2022 World Champion in the 100m withdrew from the U.S. track and field trials late l...Reuters
Tue, Aug 12
Texas sues Eli Lilly for allegedly bribing providers to prescribe its medications
WASHINGTON, Aug 12 (Reuters) - Texas Attorney General Ken Paxton on Tuesday sued U.S. drugmaker Eli Lilly LLY.N for allegedly "bribing" providers to prescribe its medications.The attorney general's office said in a statement the company bribed and illegally induced medical providers to p...Reuters
Tue, Aug 12
Democrat Sherrod Brown to seek a return to US Senate in 2026 election, media reports say
By Richard CowanWASHINGTON, Aug 12 (Reuters) - Democrat Sherrod Brown will attempt to win back his U.S. Senate seat in Ohio in next year's midterm elections, according to media reports, in a race that likely would pit him against Republican Senator John Husted as Democrats fight to win back cont...Reuters
Tue, Aug 12
U.S. RESEARCH ROUNDUP-Advanced Drainage Systems, Assurant, Chipotle Mexican Grill
Aug 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Advanced Drainage Systems, Assurant and Chipotle Mexican Grill, on Tuesday. HIGHLIGHTS* Advanced Drainage Systems Inc WMS.N: Stephens raises target price to $145 fr...Reuters
Tue, Aug 12
Ukraine will not pull its forces out of Donbas, Zelenskiy says
KYIV, Aug 12 (Reuters) - President Volodymyr Zelenskiy said on Tuesday he would reject any Russian proposal to pull Ukrainian troops out of the eastern Donbas region as it would deprive Kyiv of defensive lines and open the way for Moscow to conduct further offensives. The Ukrainian leader told rep...Reuters
Tue, Aug 12
Putin holds call with North Korea's Kim, discusses U.S.-Russia talks, Kremlin says
MOSCOW, Aug 12 (Reuters) - President Vladimir Putin held a phone call with North Korean leader Kim Jong Un and updated him on planned talks the Russian leader will hold in Alaska on Friday with U.S. President Donald Trump, the Kremlin said on Tuesday.Reuters
Tue, Aug 12
UK's Assura shareholders back PHP's bid over KKR's cash offer
Aug 12 (Reuters) - Primary Health Properties PHP.L said on Tuesday it had secured acceptances for 62.9% of Assura AGRP.L shares in its takeover bid for the British healthcare real estate investor, a rare show of investor support in the UK markets amid a wave of private equity buyouts in the recent p...Reuters
Tue, Aug 12
Lavrov, Rubio hold call on Alaska summit, Russia says
Aug 12 (Reuters) - Russian Foreign Minister Sergei Lavrov and U.S. Secretary of State Marco Rubio discussed by phone on Tuesday preparations for a summit on Friday between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska.In a statement posted on Telegram, Russia's Forei...Reuters
Tue, Aug 12
BREAKINGVIEWS-Yawing US airline betrays antitrust rudder limits
By Jonathan GuilfordNEW YORK, Aug 12 (Reuters Breakingviews) - Like airplane pilots, trustbusters have important gauges to check, including whether a seller can achieve sufficient altitude. Discount carrier Spirit Aviation FLYY.A warned of “substantial doubt” about its survival mere months after em...Reuters
Tue, Aug 12
Cenovus Energy in talks to acquire stake in MEG Energy, Bloomberg News reports
Aug 12 (Reuters) - Cenovus Energy CVE.TO is in talks with with Indigenous groups in Canada to jointly buy a stake in MEG Energy MEG.TO worth C$2 Billion ($1.45 billion), Bloomberg News reported on Tuesday, citing people familiar with the discussions.Cenovus Energy did not immediately respond to Reut...Reuters
Tue, Aug 12
Mexico Congress to consider official for deputy finance minister
MEXICO CITY, Aug 12 (Reuters) - Mexican President Claudia Sheinbaum has nominated Maria del Carmen Bonilla to serve as deputy finance minister, a congressional committee agenda seen by Reuters on Tuesday showed. The committee will consider Bonilla's nomination in a Wednesday hearing, accoring to...Reuters
Tue, Aug 12
Mothers of Gaza hostages fear Israeli offensive will endanger their sons
By Emma Farge GENEVA, Aug 12 (Reuters) - Mothers of Israeli hostages held in Gaza, including one who appeared emaciated in a recent Hamas video, voiced fears on Tuesday that a planned Israeli offensive could further endanger their sons' lives due to the risk of reprisals.Israel plans a much-c...Reuters
Tue, Aug 12
Russia has won war in Ukraine, Hungary's Orban says
BUDAPEST, Aug 12 (Reuters) - Russia has won the war in Ukraine, right-wing Hungarian Prime Minister Viktor Orban said on Tuesday ahead of a summit between U.S. President Donald Trump and his Russian counterpart Vladimir Putin on Friday.In power since 2010, Orban has been criticised by some European ...Reuters
Tue, Aug 12
