News
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Sapiens To Be Acquired By Advent For $2.5 Billion
Aug 13 (Reuters) - Sapiens International Corporation NV SPNS.O:SAPIENS TO BE ACQUIRED BY ADVENT FOR $2.5 BILLIONSAPIENS INTERNATIONAL CORPORATION NV - SHAREHOLDERS TO RECEIVE $43.50 PER SHARE, 64% PREMIUMSAPIENS INTERNATIONAL CORPORATION NV - DEAL VALUES SAPIENS AT ABOUT $2.5 BILLIONSAPIENS INTERNAT...Reuters
Wed, Aug 13
Germany property bank PBB swings to loss as it withdraws from US
FRANKFURT, Aug 13 (Reuters) - Deutsche Pfandbriefbank PBBG.DE (PBB), one of Germany's top property financiers, swung to a loss in the second quarter after booking higher risk provisions as it withdraws from the U.S. market, figures on Wednesday showed.The bank's quarterly net loss was 266 mi...Reuters
Wed, Aug 13
Indian economy not slowing, early to assess tariff impact on GDP, chief economic advisor says
MUMBAI, Aug 13 (Reuters) - Indian economy's overall momentum has not slowed as evident from high frequency indicators but it was too early to assess the impact of U.S. tariffs on growth, Chief Economic Advisor V. Anantha Nageswaran said on Wednesday.Reuters
Wed, Aug 13
Soccer-Wrexham 'off and running' after beating Hull on penalties in League Cup clash
Aug 13 (Reuters) - Wrexham's win on penalties over Hull City in Tuesday's League Cup first-round meeting has helped them kickstart their campaign after a disappointing loss to Southampton in the Championship, the Welsh club's manager Phil Parkinson said.Jack Marriott scored the winning p...Reuters
Wed, Aug 13
PRESS DIGEST - Wall Street Journal - August 13
Aug 13 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Tinder-parent Match Group MTCH.O has agreed to pay $14 million to the Federal Trade Commission to resolve a 2019 complaint involving decepti...Reuters
Wed, Aug 13
China's military says it 'drove away' US destroyer in waters of Scarborough Shoal
BEIJING, Aug 13 (Reuters) - China's military said on Wednesday that it monitored and "drove away" the U.S. destroyer USS Higgins in the waters of the disputed Scarborough Shoal in the South China Sea.The destroyer had entered the waters "without the approval of the Chinese government...Reuters
Wed, Aug 13
China's Kangji Medical gets $1.4 billion go-private offer from TPG-backed consortium
By Kane Wu and Rajasik Mukherjee Aug 13 (Reuters) - China-headquartered medical device maker Kangji Medical 9997.HK said on Tuesday it had received a go-private proposal from a consortium backed by investment firm TPG TPG.O, valuing the firm at HK$11.17 billion ($1.42 billion).TPG, together with ...Reuters
Wed, Aug 13
Caretrust REIT Prices Upsized Public Offering At $32 Per Share
Aug 12 (Reuters) - CareTrust REIT Inc CTRE.N:CARETRUST REIT, INC. ANNOUNCES PRICING OF UPSIZED PUBLIC OFFERING OF COMMON STOCKCARETRUST REIT INC - PRICES UPSIZED OFFERING AT $32 PER SHARECARETRUST REIT INC: ANNOUNCED PRICING OF ITS UPSIZED UNDERWRITTEN PUBLIC OFFERING OF 20,000,000 SHARESReuters
Wed, Aug 13
China's interest subsidy policy will help expand its domestic demand, official says
BEIJING/HONG KONG, Aug 13 (Reuters) - China's efforts to support consumption of services will help expand domestic demand and stabilise employment, an official at China's Ministry of Commerce said at a press conference on Wednesday.Consumption of services in China has big growth potential, W...Reuters
Wed, Aug 13
Judge orders Trump administration to restore part of UCLA's suspended funding
Trump threatens to freeze federal funds for universities over pro-Palestinian protestsTrump administration offered $1 billion settlement to UCLAUCLA says $584 million of its funds were suspendedBy Kanishka Singh and Nate Raymond WASHINGTON, Aug 12 (Reuters) - A U.S. judge on Tuesday ordered Presi...Reuters
Wed, Aug 13
US scales back human rights report; softens criticism of some Trump partner nations
Report reduces criticism of El Salvador, IsraelLargely omits LGBTQI rights issuesCriticism of Brazil, South Africa increasesFreedom of speech, racial discrimination cited in both nationsReport delayed as Trump appointees altered earlier draftBy Daphne Psaledakis and Humeyra PamukWASHINGTON, Aug 12 (...Reuters
Wed, Aug 13
Tennis-Alcaraz eases past Medjedovic in Cincinnati before rain forces suspension
Alcaraz beats MedjedovicGauff gets walkoverNight session suspended due to rain Aug 12 (Reuters) - Carlos Alcaraz beat Hamad Medjedovic 6-4 6-4 to reach the Cincinnati Open last 16 on Tuesday, battling the sweltering Ohio heat to notch a tour-leading 50th victory of the season before the evening s...Reuters
Wed, Aug 13
India PM Modi likely to visit US next month, meet Trump, Indian Express reports
NEW DELHI, Aug 13 (Reuters) - Indian Prime Minister Narendra Modi is likely to visit the United States next month to attend the UN General Assembly meeting and also hold talks with President Donald Trump, the Indian Express newspaper reported on Wednesday, citing sources.Reuters
Wed, Aug 13
Bessent blasts Fed renovation and suggests 50 bps rate cut as U.S. pushes for major trade deals
Treasury Secretary Scott Bessent said the Federal Reserve should keep the door open to a larger, 50 basis-point rate cut next month, after opting to hold rates steady at its last meeting. Bessent told Fox Business on Tuesday that the real thing now to think about is whether we should get a...Cryptopolitan
Wed, Aug 13
PRESS DIGEST-British Business - August 13
Aug 13 (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 Ministers are preparing to take Thames Water into temporary public ownership in a rescue that could pave the wa...Reuters
Wed, Aug 13
PRESS DIGEST- Financial Times - August 13
Aug 13 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- France, Germany and UK willing to reimpose sanctions on Iran- Shell loses legal claim against US LNG operator Venture Global- T-shirt m...Reuters
Wed, Aug 13
