News
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China bars Manus co-founders from leaving country as it reviews sale to Meta, FT reports
March 25 (Reuters) - China has restricted two co-founders of artificial intelligence startup Manus from leaving the country as regulators review whether Meta's META.O $2 billion acquisition of company violates the country's investment rules, the Financial Times reported on Wednesday. Reuters...Reuters
Wed, Mar 25
Roblox will introduce new controls in Indonesia to comply with child social media block
JAKARTA, March 25 - Videogame platform Roblox will introduce content and communications controls for players under 16 in Indonesia to comply with the country's social media block for children, Matt Kaufman, Roblox's Chief Safety Officer, said in an emailed statement on Wednesday.Reuters
Wed, Mar 25
PRESS DIGEST-Financial Times - March 25
March 25 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. HeadlinesVolkswagen in talks with Israel's Iron Dome maker to shift from cars to missile defenceAnglican clergy pension fund to vote ag...Reuters
Wed, Mar 25
South Korea, Germany exposed to rare earths shortage, Australia's Arafura says
By Melanie Burton CANBERRA, March 25 (Reuters) - The U.S. and Japan are quickly locking up rare earths supply, leaving industrial powerhouses Germany and South Korea exposed, said the CEO of Australia's Arafura Rare Earths ARU.AX, which is negotiating final supply agreements. Since the world...Reuters
Wed, Mar 25
Tennis-Muchova edges Mboko at Miami Open, to face Gauff in semis
March 24 (Reuters) - Karolina Muchova needed all of her experience to hold off rising Canadian teenager Victoria Mboko 7-5 7-6(5) on Tuesday, booking a place in her first Miami Open semi-final after a match she admitted could have gone either way.The 29-year-old Czech secured her fifth WTA 1000 semi...Reuters
Wed, Mar 25
Taiwan says US has 'high' urgency in speeding up weapons deliveries
TAIPEI, March 25 (Reuters) - The United States has "quite a high" sense of urgency in helping Taiwan strengthen its military capabilities and is working to help speed up delayed weapons deliveries, the island's Defence Minister Wellington Koo said on Wednesday.Taiwan, which faces a risin...Reuters
Wed, Mar 25
South Korea, Germany exposed to rare earths shortage, Australia's Arafura says
By Melanie Burton CANBERRA, March 25 (Reuters) - The United States and Japan are quickly locking up rare earths supply, leaving industrial powerhouses Germany and South Korea exposed, said the CEO of Australia's Arafura Rare Earths ARU.AX, which is negotiating final supply agreements. Since ...Reuters
Wed, Mar 25
PRESS DIGEST-British Business - March 25
March 25 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Meta META.O has been ordered to pay $375 million in civil penalties after a jury in New Mexico found ...Reuters
Wed, Mar 25
Japanese bonds rise for second day as crude decline eases inflation concerns
By Rocky Swift TOKYO, March 25 (Reuters) - Benchmark Japanese bonds climbed on Wednesday for a second consecutive session as signs of a potential settlement to the Middle East crisis pushed oil prices lower and helped ease inflationary concerns.The 10-year Japanese government bond (JGB) yield JP1...Reuters
Wed, Mar 25
Rogers Communications Inc. Announces Pricing Of Public Offering Of US $750 Million Of 6.875% Fixed-To-Fixed Rate Subordinated Notes Due 2056
March 24 (Reuters) - Rogers Communications Inc RCIb.TO:ROGERS COMMUNICATIONS INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF US$750 MILLION FIXED-TO-FIXED RATE SUBORDINATED NOTES AND CANADIAN PRIVATE PLACEMENT OF CDN$1.25 BILLION FIXED-TO-FIXED RATE SUBORDINATED NOTESROGERS COMMUNICATIONS INC - PRICES ...Reuters
Wed, Mar 25
Meta grants senior executives stock awards to retain talent
March 24 (Reuters) - Meta Platforms META.O on Tuesday granted restricted stock units and stock options for some of its senior executives, including CFO Susan Li and Chief Technology Officer Andrew Bosworth, tying them to performance and aggressive share price targets as it looks to retain top talent...Reuters
Wed, Mar 25
Apogee Therapeutics Prices $350 Million Underwritten Public Offering At $70.00 Per Share
March 24 (Reuters) - Apogee Therapeutics Inc APGE.O:APOGEE THERAPEUTICS, INC. ANNOUNCES PRICING OF $350 MILLION UNDERWRITTEN PUBLIC OFFERINGAPOGEE THERAPEUTICS INC - PRICES 5 MILLION SHARE PUBLIC OFFERING AT $70.00 PER SHAREReuters
Wed, Mar 25
Golf-Tiger Woods returns to action with TGL Finals loss, no Masters decision yet
By Rory CarrollMarch 24 (Reuters) - Tiger Woods' return to competitive golf was a disappointing one as his Jupiter Links Golf Club was crushed 9-2 by the Los Angeles Golf Club in the TGL Finals in Florida on Tuesday, but his mere appearance gave fans hope he may tee it up at next month's Mas...Reuters
Wed, Mar 25
Merck nears $6 billion acquisition of Terns Pharma to boost cancer portfolio, FT reports
March 24 (Reuters) - Pharmaceutical company Merck MRK.N is nearing a roughly $6 billion all-cash deal to acquire biotech firm Terns Pharma TERN.O, the Financial Times reported on Tuesday, citing people familiar with the matter.The potential acquisition comes as U.S.-based Merck continues to reshape ...Reuters
Wed, Mar 25
Openai Drops Ai Video Tool Sora, Startling Disney, Sources Say
On Monday evening, Walt Disney Co DIS.N and OpenAI teams were working together on a project linked to Sora, OpenAI's AI video tool. Just 30 minutes after that meeting, the Disney team was blindsided with word that OpenAI was dropping the tool altogether, a person familiar with the matter said.Reuters
Wed, Mar 25
Philippines working with Washington to obtain oil from U.S.-sanctioned countries
MANILA, March 25 (Reuters) - The Philippines is working with Washington to secure waivers and exemptions so it can obtain oil from U.S.-sanctioned countries to ensure supply, its ambassador to the United States said. "We are working with the State Department to get waivers or exemptions to purch...Reuters
Wed, Mar 25
Merck Nears $6Bn Biotech Deal To Boost Cancer Drug Pipeline - Ft
March 24 (Reuters) - FINANCIAL TIMES:MERCK NEARS $6BN BIOTECH DEAL TO BOOST CANCER DRUG PIPELINE - FTMERCK'S ALL-CASH DEAL IS EXPECTED TO VALUE TERNS AT ROUGHLY $6BN - FTTALKS BETWEEN MERCK AND TERNS WERE AT AN ADVANCED STAGE AND DEAL COULD BE REACHED IN COMING DAYS - FTSource text: https://tiny...Reuters
Wed, Mar 25
