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Old Republic announces $750 million buyback program
By Ashish TiwariAug 19 - (The Insurer) - Old Republic International on Tuesday said its board authorized a new $750 million share repurchase program, which will begin once the insurer completes the roughly $162 million remaining under its existing $1.1 billion plan announced in March last year.The b...Reuters
Tue, Aug 19
Ethiopia's foreign direct investment inches up ahead of bond restructuring
ADDIS ABABA, Aug 19 (Reuters) - Ethiopia received $4 billion in foreign direct investment during its fiscal year to July 2025, its Investment Commission said on Tuesday, marking a 2.2% increase from the previous year.The data is being closely watched by markets since it has a bearing on the way Ethi...Reuters
Tue, Aug 19
Top U.S. general expected to virtually attend meeting with European military leaders, official says
Aug 19 (Reuters) - The top U.S. general is expected to virtually attend a meeting with European security leaders on Ukraine in the coming days, a U.S. official told Reuters on Tuesday. The official, who was speaking on condition of anonymity, said plans for General Dan Caine, the chairman of the Joi...Reuters
Tue, Aug 19
European leaders mull new sanctions on Putin, UK government says
LONDON, Aug 19 (Reuters) - The British government said on Tuesday European leaders were weighing additional sanctions to ramp up pressure on Russian President Vladimir Putin as part of a broader push to put an end to the war in Ukraine. The government said the so-called Coalition of the Willing, whi...Reuters
Tue, Aug 19
EU's Costa: Ukraine's membership process must go forward
LISBON, Aug 19 (Reuters) - European Council President Antonio Costa said on Tuesday the process to make Ukraine a member of the European Union needs to advance and Europe has to be part of any peace negotiations alongside Ukraine, Russia and the United States.Costa, who debriefed council members abo...Reuters
Tue, Aug 19
Canada approves Ozempic to cut risk of kidney failure, heart-related deaths
Aug 19 (Reuters) - Canada has approved Novo Nordisk's NOVOb.CO diabetes drug, Ozempic, to cut chronic kidney disease progression and reduce the risk of kidney failure and heart-related deaths in type-2 diabetes patients, the company said Tuesday.Ozempic, chemically known as semaglutide, is now t...Reuters
Tue, Aug 19
FACTBOX-Top pharma companies work to launch first weight-loss pill
Aug 19 (Reuters) - Makers of weight-loss drugs are expected to rake in more than $150 billion in revenue by the early 2030s, thanks to the ever-growing popularity of Eli Lilly's LLY.N Zepbound and Novo Nordisk's NOVOb.CO Wegovy.The GLP-1 drugs sold by both companies are weekly injections...Reuters
Tue, Aug 19
European leaders mull new sanctions on Putin, UK government says
LONDON, Aug 19 (Reuters) - The British government said on Tuesday European leaders were weighing additional sanctions to ramp up pressure on Russian President Vladimir Putin as part of a broader push to put an end to the war in Ukraine. The government said the so-called Coalition of the Willing, whi...Reuters
Tue, Aug 19
DIARY-Political and General News Events from August 19
Aug 19 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Tue, Aug 19
Switzerland ready to host Putin for any Geneva peace talks, minister says
ZURICH, Aug 19 (Reuters) - Switzerland would be ready to host Russian President Vladimir Putin for any peace talks on Ukraine despite an existing arrest warrant for him from the International Criminal Court (ICC), Foreign Minister Ignazio Cassis said on Tuesday.Neutral Switzerland is a signatory to ...Reuters
Tue, Aug 19
Ubiquiti Inc expected to post earnings of $2.23 a share - Earnings Preview
Ubiquiti Inc UI.N, UI is expected to show a rise in quarterly revenue when it reports results on August 21 (estimated) for the period ending June 30 2025The New York City-based company is expected to report a 25.0% increase in revenue to $634.102 million from $507.46 million a year ago, according...Reuters
Tue, Aug 19
Klabin secures fresh BCI, BTG investments for forestry project
SAO PAULO, Aug 19 (Reuters) - Brazilian pulpmaker Klabin KLBN4.SA said on Tuesday that BTG Pactual Timberland Investment Group and Canada's British Columbia Investment (BCI) have agreed to make additional contributions to its Plateau forestry project.The fresh investments will total 1.2 billion ...Reuters
Tue, Aug 19
LSI Industries Inc expected to post earnings of 23 cents a share - Earnings Preview
LSI Industries Inc LYTS.OQ LYTS.O is expected to show a rise in quarterly revenue when it reports results on August 21 for the period ending June 30 2025The Cincinnati Ohio-based company is expected to report a 7.5% increase in revenue to $138.636 million from $129.01 million a year ago, accordin...Reuters
Tue, Aug 19
SelectQuote Inc expected to post a loss of 18 cents a share - Earnings Preview
SelectQuote Inc SLQT.N, SLQT.K is expected to show a rise in quarterly revenue when it reports results on August 21 for the period ending June 30 2025The Overland Park Kansas-based company is expected to report a 8.7% increase in revenue to $334.086 million from $307.21 million a year ago, accord...Reuters
Tue, Aug 19
Scansource Inc expected to post earnings of 92 cents a share - Earnings Preview
Scansource Inc SCSC.OQ SCSC.O is expected to show a rise in quarterly revenue when it reports results on August 21 for the period ending June 30 2025The Greenville South Carolina-based company is expected to report a 4.1% increase in revenue to $776.887 million from $746.11 million a year ago, ac...Reuters
Tue, Aug 19
Belgian princess to resume Harvard studies after Trump move to ban foreign students
BRUSSELS, Aug 19 (Reuters) - Princess Elisabeth, 23-year-old heir to the Belgian throne, will be able to continue her studies at Harvard University, her spokespeople said, after she was caught up in a U.S. government move to bar the entry of foreign students to study there."I can confirm that, f...Reuters
Tue, Aug 19
Broadridge Acquires Signal, Accelerating Global Digital Communications Expansion
Aug 19 (Reuters) - Broadridge Financial Solutions Inc BR.N:BROADRIDGE ACQUIRES SIGNAL, ACCELERATING GLOBAL DIGITAL COMMUNICATIONS EXPANSIONBROADRIDGE FINANCIAL SOLUTIONS INC: TRANSACTION IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON BROADRIDGE'S FINANCIAL RESULTS.Reuters
Tue, Aug 19
Ptc Therapeutics Receives Complete Response Letter For Vatiquinone NDA
Aug 19 (Reuters) - PTC Therapeutics Inc PTCT.O:PTC THERAPEUTICS RECEIVES COMPLETE RESPONSE LETTER FOR VATIQUINONE NDAPTC THERAPEUTICS INC - FDA REQUIRES ADDITIONAL STUDY FOR VATIQUINONE NDA RESUBMISSIONPTC THERAPEUTICS: PLANS TO MEET WITH FDA TO DISCUSS POTENTIAL STEPS TO ADDRESS ISSUES RAISED IN CR...Reuters
Tue, Aug 19
Trump says it's possible that Putin doesn't want to make a deal on Ukraine
WASHINGTON, Aug 19 (Reuters) - U.S. President Donald Trump on Tuesday said he hoped Russian President Vladimir Putin would move forward toward ending the war in Ukraine, but conceded that it was possible the Russian leader didn't want to make a deal."I don't think it's going to be a ...Reuters
Tue, Aug 19
