News
Important Only
Lilly signs $1.3 billion deal with Superluminal to discover obesity medicines using AI
Superluminal to receive payments, equity investment, royaltiesLilly, Novo pursuing GPCR-targeting drugs for obesitySuperluminal's lead candidate not part of deal with LillyBy Mariam Sunny Aug 14 (Reuters) - Eli Lilly LLY.N has signed a deal worth $1.3 billion with privately held Superluminal ...Reuters
Thu, Aug 14
Tennis-Italian Berrettini withdraws from US Open
Aug 14 (Reuters) - Former world number six Matteo Berrettini has withdrawn from the U.S. Open, tournament organisers said on Thursday.The Italian, currently ranked 59th, has not competed since a first-round lost at Wimbledon in June after he had recovered from an abdominal injury.Berretini skipped t...Reuters
Thu, Aug 14
REFILE-Cevian Capital raised share stake in UBS Group by 9.9% in Q2
NEW YORK, Aug 14 (Reuters) - Activist investor Cevian Capital raised its share stake in bank UBS UBSG.S by 9.9% in the second quarter, according to a regulatory filing on Thursday.Cevian ended June with 48.1 million shares worth $1.63 billion in its portfolio. The fund first disclosed a stake in the...Reuters
Thu, Aug 14
Russian Duma speaker Volodin meets North Korea's Kim in Pyongyang
MOSCOW, Aug 14 (Reuters) - Russian State Duma Chairman Vyacheslav Volodin met with North Korean leader Kim Jong Un during an official visit to Pyongyang, the Russian parliament said on Thursday.Volodin, a close ally of President Vladimir Putin, conveyed greetings from the Russian leader and thanked ...Reuters
Thu, Aug 14
FACTBOX-What is the Golden Dome missile defense shield?
Aug 14 (Reuters) - U.S. President Donald Trump has picked a design for his Golden Dome missile defense system and named a leader of the ambitious $175 billion defense program. Here are some key details about the project: HOW WILL IT WORK?The big new aim is for Golden Dome to leverage a network o...Reuters
Thu, Aug 14
Coatue Management Raises Share Stake In Microsoft, Doordash, Cuts In Meta Platforms
Aug 14 (Reuters) - COATUE MANAGEMENT LLC:COATUE MANAGEMENT LLC CUTS SHARE STAKE IN META PLATFORMS INC BY 2% TO 3.7 MILLION CLASS A SHARESCOATUE MANAGEMENT LLC RAISES SHARE STAKE IN MICROSOFT CORP BY 20.3% TO 3.9 MILLION SHARESCOATUE MANAGEMENT LLC RAISES SHARE STAKE IN REDDIT INC BY 30.8% TO 6.2 MIL...Reuters
Thu, Aug 14
Coatue Management Raises Share Stake In Tesla, Cuts In Eli Lilly, AMD
Aug 14 (Reuters) - Coatue Management:COATUE MANAGEMENT LLC RAISES SHARE STAKE IN TESLA INC BY 24.2% TO 2 MILLION SHARES - SEC FILINGCOATUE MANAGEMENT LLC REPORTS SHARE STAKE OF 4.6 MILLION SPONSORED ADS IN ARM HOLDINGS PLCCOATUE MANAGEMENT LLC REPORTS SHARE STAKE OF 3.9 MILLION SHARES IN ORACLE CORP...Reuters
Thu, Aug 14
Coatue Management Raises Share Stake In Nvidia, CoreWeave, Cuts In Amazon
Aug 14 (Reuters) - Coatue Management LLC: COATUE MANAGEMENT LLC RAISES SHARE STAKE IN NVIDIA CORP BY 34.4% TO 11.5 MILLION SHARES - FILINGCOATUE MANAGEMENT LLC RAISES SHARE STAKE IN COREWEAVE INC BY 23.6% TO 17.8 MILLION CLASS A SHARES - FILINGCOATUE MANAGEMENT LLC CUTS SHARE STAKE IN AMAZON COM INC...Reuters
Thu, Aug 14
EXCLUSIVE-Trump ally Erik Prince plans to keep personnel in Haiti for 10 years to fight gangs and collect taxes
Blackwater founder and Trump supporter says he can secure Haiti's main roads in about a yearAgreements would give Prince's firm a role in economy for a decadePrivate force to intensify fight against gangs with snipers, helicopters and boats - sourceBy Anna Hirtenstein, Sarah Morland and Haro...Reuters
Thu, Aug 14
LMA advises insurers as UK and EU cut Russian oil price caps
By Ashish TiwariAug 14 - (The Insurer) –The Lloyd’s Market Association (LMA) on Thursday advised insurers to review their exposure to Russian oil as the UK and EU prepare to lower their price caps on Russian crude starting in September.Starting September 2 in the UK and September 3 in the EU, the pr...Reuters
Thu, Aug 14
EXCLUSIVE-RBC, BMO planning sale of $2-billion Canadian payments venture, sources say
By Milana Vinn and David FrenchAug 14 (Reuters) - Royal Bank of Canada RY.TO and Bank of Montreal BMO.TO have placed their Canadian payments joint venture up for sale, in a deal that may value the business as highly as $2 billion, four people familiar with the matter said.Moneris is one of the large...Reuters
Thu, Aug 14
NFL cannot force Black coach's racial bias claims into arbitration, appeals court rules
Brian Flores alleged 'sham' interviews for coaching jobsNFL's Goodell cannot oversee arbitrations unilaterallyNFL disagrees with decision, to seek further reviewBy Jonathan Stempel NEW YORK, Aug 14 (Reuters) - The National Football League cannot force Minnesota Vikings defensive coord...Reuters
Thu, Aug 14
UN urges Israel to stop advancement of settlement that would end prospects for two-state solution
UNITED NATIONS, Aug 14 (Reuters) - The United Nations calls on Israel to reverse its decision to start work on a long-delayed settlement that would divide the West Bank and cut it off from East Jerusalem, U.N. spokesperson Stephane Dujarric said on Thursday."It would put an end to prospects of a...Reuters
Thu, Aug 14
US charges five members of Mexico's United Cartels, imposes sanctions
By Sarah N. Lynch WASHINGTON, Aug 14 (Reuters) - The U.S. Justice Department on Thursday charged five high-ranking members of the Carteles Unidos drug gang, known in English as United Cartels, while the Treasury Department announced it was imposing sanctions on the group.United Cartels, which is ...Reuters
Thu, Aug 14
Saudi wealth fund sold its stakes in Meta, Shopify and PayPal in Q2
By Deepak Devalapur and Hadeel Al SayeghBANGALORE/DUBAI, Aug 14 (Reuters) - Saudi Arabia's almost $1 trillion sovereign wealth fund sold its stakes in several U.S.-listed companies - including Meta META.O, Shopify SHOP.TO and PayPal PYPL.O - in the second quarter, according to securities filings...Reuters
Thu, Aug 14
Investors temper Ukraine hopes ahead of Trump and Putin summit
Ceasefire hopes have built ahead of Trump Putin summit in AlaskaUkraine bonds have rallied but remain well below highsInvestors cautious after ugly Oval Office meeting in FebruaryBy Marc Jones LONDON, Aug 14 (Reuters) - Investors are tempering expectations that Friday's summit between Donald ...Reuters
Thu, Aug 14
