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xAI co-founder Babuschkin departs to launch AI safety investment firm
Aug 13 (Reuters) - Igor Babuschkin, a co-founder of Elon Musk's artificial intelligence startup xAI, said on Wednesday that he has left the company and plans to launch an investment firm focused on AI safety and agentic systems.Reuters
Wed, Aug 13
dLocal Seeking More Independent Board Directors, Sees Continued Momentum in Q3
Aug 13 (Reuters) - Dlocal Ltd DLO.O:DLOCAL SEES GROWTH IN OPERATING EXPENSES IN H2 - EXECUTIVEDLOCAL CEO SAYS HIGHER GUIDANCE DUE TO STRONG PERFORMANCE IN H1 AND SUSTAINED MOMENTUM EXPECTED ACROSS BUSINESSESDLOCAL CEO: WE ARE TRANSITIONING TO A MAJORITY INDEPENDENT BOARD, HAVE BEGUN SEARCH FOR ADDIT...Reuters
Wed, Aug 13
North Korean leader Kim Jong Un's sister rebuffs South Korea peace overtures
SEOUL, Aug 14 (Reuters) - The North Korean leader's powerful sister Kim Yo Jong said peace overtures being made by South Korea's new liberal government were "deception" and denied Pyongyang had taken reciprocal action, state news agency KCNA reported on Thursday.Kim also said North K...Reuters
Wed, Aug 13
Surgery Partners- Units Enter Second Amendment To Credit Agreement - SEC Filing
Aug 13 (Reuters) - Surgery Partners Inc SGRY.O:SURGERY PARTNERS INC - UNITS ENTER SECOND AMENDMENT TO CREDIT AGREEMENT - SEC FILINGSURGERY PARTNERS INC - NEW TRANCHE OF TERM LOANS TOTALING $1,383 MILLION - SEC FILINGSource text: [ID:n0001104659-25-077656]Reuters
Wed, Aug 13
Canada's Bird Construction Q2 adjusted EPS misses estimates
OverviewBird Q2 construction revenue falls 2.6% yr/yrAdjusted EPS and adjusted EBITDA miss analyst expectations, per LSEG dataOutlookBird expects Q3 delays similar to Q2 due to market conditionsCompany remains confident in 2027 Strategic Plan targetsResult DriversPROJECT DELAYS - Temporary project d...Reuters
Wed, Aug 13
New Found Gold Temporarily Halts Heavy Equipment Exploration at Queensway Project Due to Forest Fire Risk
Aug 14 (Reuters) - New Found Gold Corp NFG.V:NEW FOUND GOLD ANNOUNCES TEMPORARY SUSPENSION OF HEAVY EQUIPMENT EXPLORATION ACTIVITIES ON THE QUEENSWAY GOLD PROJECT IN RESPONSE TO FOREST FIRE RISK IN THE REGIONReuters
Wed, Aug 13
US orders Vaxart to stop COVID-19 trial amid mRNA wind down
Aug 13 (Reuters) - Vaxart VXRT.PK said on Wednesday it received an order to stop work on screening and enrollment for its COVID-19 mid-stage trial, joining multiple biotech companies that have lost government funding for their vaccine programs.The drug developer said it will keep working on its oral...Reuters
Wed, Aug 13
Canada's H&R REIT Q2 net loss narrows
OverviewH&R REIT Q2 net loss narrows to C$166.4 mln from loss of C$272.7 mln year ago FFO rises to C$87.8 mln, AFFO increases to C$73.4 mlnSame-property NOI (cash basis) grows 3.4% yr/yr, driven by retailOutlookH&R REIT plans to sell office and retail properties as market conditions allowCom...Reuters
Wed, Aug 13
Canada's Wesdome Gold Mines Q2 revenue misses estimates
OverviewWesdome Q2 revenue of CAD 208.5 mln missed analyst expectationsAdjusted EPS for Q2 beat estimates, reflecting strong operational performanceNet income for Q2 rose nearly threefold to CAD 82.7 mlnOutlookCompany raises upper end of Eagle River production guidance for 2025Company lowers cost ex...Reuters
Wed, Aug 13
Taliban use force to divert international aid, US watchdog says
WASHINGTON, Aug 13 (Reuters) - Afghanistan's Taliban rulers divert international aid by force and other means, block minority communities from receiving aid and may collude with U.N. officials to seek kickbacks, a U.S. watchdog said on Tuesday.The U.S. Special Inspector General for Afghanistan R...Reuters
Wed, Aug 13
Pollard Banknote Q2 revenue misses estimates
OverviewPollard Banknote Q2 revenue up 3.6% yr/yr, misses analyst expectationsAdjusted EBITDA down 9.5%, missing estimates, due to timing of ticket ordersCo completed acquisition of Pacific Gaming, boosting charitable gaming offeringsOutlookPollard Banknote expects higher third-quarter ticket volume...Reuters
Wed, Aug 13
Stantec's Q2 adjusted EPS meets estimates
OverviewStantec Q2 net revenue rises 6.9% to C$1.6 bln, missing expectationsAdjusted EPS meets expectations at C$1.36, adjusted EBITDA beats estimatesOutlookStantec raises 2025 net revenue growth guidance to 10%-12%Company expects adjusted EPS growth of 18.5%-21.5% in 2025Stantec increases adjusted ...Reuters
Wed, Aug 13
Canada's Sagicor Financial Q2 core earnings rise 82% to $46 mln
OverviewSagicor Q2 core earnings rise 82% yr/yr to $46 mln, driven by strong segment performanceCore basic EPS increases 89% to C33.9 cents, reflecting improved profitabilityReported net loss of $6.4 mln due to market volatility on insurance assetsOutlookSagicor expects 2025 core earnings to shareho...Reuters
Wed, Aug 13
NACG Q2 revenue up 16% but misses estimates
OverviewNACG Q2 revenue rises 16%, misses analyst expectations, per LSEG dataAdjusted EPS and EBITDA for Q2 miss consensusCo remains positive about long-term growth targets despite near-term challengesOutlookNACG maintains 2025 revenue guidance, supported by backlogCompany adjusts 2025 EBITDA guidan...Reuters
Wed, Aug 13
Canada's Minto Apartment REIT Q2 revenue drops
OverviewMinto Apartment REIT Q2 revenue down 1.1% Normalized FFO per unit falls 2.5%, AFFO per unit down 3.2%REIT reports net loss of C$1.1 mln, impacted by fair value lossesOutlookCompany expects to reposition 50 to 70 suites in 2025Company sees commercial lease commencements in November 2025 and J...Reuters
Wed, Aug 13
AutoCanada Q2 revenue misses estimates
OverviewAutoCanada Q2 revenue falls 3.1%, missing analyst expectations, per LSEG dataAdjusted EBITDA beats estimates, rising 92.4% yr/yr, reflecting cost-saving measuresCompany progressing with U.S. divestiture, focusing on Canadian operationsOutlookCompany expects C$115 mln in annual cost savings b...Reuters
Wed, Aug 13
Canada's Mattr beats Q2 revenue estimates
OverviewMattr Q2 revenue rises 33% yr/yr, beating analyst expectations, per LSEG dataAdjusted EBITDA for Q2 beats estimates, while adjusted EPS misses, per LSEG dataCo completes strategic transformation with sale of last pipe coating subsidiaryOutlookCompany expects Q3 2025 revenue and EBITDA to be ...Reuters
Wed, Aug 13
KBR secures NASA contract worth up to $3.6 billion for astronaut health support
Aug 13 (Reuters) - Engineering contractor KBR KBR.N said on Wednesday it had secured a $2.46 billion contract from the National Aeronautics and Space Administration to support astronaut and worker health and safety during space missions.Shares of KBR rose 2.7% in extended trading.The five-year agree...Reuters
Wed, Aug 13
US revokes visas of Brazilian government officials over Cuban forced labor
WASHINGTON, Aug 13 (Reuters) - The U.S. State Department took steps to revoke and restrict visas for several Brazilian government officials, former officials of the Pan American Health Organization and their family members, Secretary of State Marco Rubio said in a statement on Wednesday, alleging co...Reuters
Wed, Aug 13
