News
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Deals of the day-Mergers and acquisitions
October 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Germany's Helsing will acquire Australian underwater drone maker Blue Ocean, the defence startup said, as it looks to expand its AI-powered autonomous systems in the marin...Reuters
4 minutes ago
Russia says impetus for peace in Ukraine after Putin-Trump summit has been exhausted
MOSCOW, Oct 8 (Reuters) - A top Russian diplomat said on Wednesday that the impetus to find a peace deal to end the fighting in Ukraine which emerged after a summit between President Vladimir Putin and President Donald Trump in August had proven to be largely exhausted.Trump and Putin met at a Cold ...Reuters
5 minutes ago
Erdogan hopes for resolution on sanctions, F-35s, Halkbank after Trump talks
ANKARA, Oct 8 (Reuters) - President Tayyip Erdogan said he was hopeful that his meeting last month with U.S. President Donald Trump would help lift sanctions blocking Turkey's purchase of F-35 jets, and also help resolve a legal case against state lender Halkbank. The U.S. CAAT...Reuters
8 minutes ago
Russia will respond harshly if US supplies Ukraine with Tomahawk missiles, RIA cites lawmaker
MOSCOW, Oct 8 (Reuters) - Russia will respond harshly if the United States supplies Ukraine with Tomahawk missiles, Andrei Kartapolov, head of the Russian parliament's defence committee, said on Wednesday, the state RIA news agency reported."We know these missiles very well, how they fly, ho...Reuters
12 minutes ago
Peter Hargreaves to step down from Hargreaves Lansdown board, FT reports
Oct 8 (Reuters) - Peter Hargreaves, co-founder of British investment platform Hargreaves Lansdown, will step down as a board director and hand over the role to his son, the Financial Times reported on Wednesday.Hargreaves Lansdown did not immediately respond to a Reuters request for comment.Hargreav...Reuters
14 minutes ago
U.S. RESEARCH ROUNDUP- AGCO, Caterpillar, United Rentals
Oct 8 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including AGCO, Caterpillar and United Rentals, on Wednesday. HIGHLIGHTS* AGCO Corp AGCO.N: Jefferies cuts target price to $125 from $135* Caterpillar Inc CAT.N: Jefferies rais...Reuters
14 minutes ago
REFILE-Peter Hargreaves to step down from Hargreaves Lansdown board, FT reports
Oct 8 (Reuters) - Hargreaves Lansdown co-founder Peter Hargreaves is stepping down as a board director of the Britain's largest investment platform, the Financial Times reported on Wednesday.Reuters could not immediately verify the report.Reuters
15 minutes ago
Revolut co-founder Storonsky leaves UK to move residence to UAE
Oct 8 (Reuters) - Billionaire Nikolay Storonsky, the CEO and co-founder of financial technology business Revolut, has changed his residence from the UK to the United Arab Emirates, according to filings in Britain's corporate registry.Storonsky, who was born in Russia, changed his residence statu...Reuters
16 minutes ago
CANADA RESEARCH ROUNDUP-Canada Packers, Sun Life Financial, Teck Resources
Oct 8 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Canada Packers, Sun Life Financial and Teck Resources on Wednesday. HIGHLIGHTS * Allied Properties REIT AP_u.TO: National Bank of Canada cuts to underperform from sector perform* ...Reuters
17 minutes ago
Pope Leo tells US bishops to address Trump's immigration crackdown
By Joshua McElwee VATICAN CITY, Oct 8 (Reuters) - Pope Leo told U.S. bishops visiting him at the Vatican on Wednesday that they should firmly address how immigrants are being treated by President Donald Trump's hardline policies, attendees said, in the latest push by the pontiff on the is...Reuters
26 minutes ago
Russia says its forces took control of settlement of Novohryhorivka in Ukraine's Zaporizhzhia region
MOSCOW, Oct 8 (Reuters) - The Russian Defence Ministry said on Wednesday that its forces had taken control of the settlement of Novohryhorivka in Ukraine's Zaporizhzhia region. Reuters could not independently verify the battlefield assertion.Reuters
28 minutes ago
WRAPUP 2-Cautious optimism at Gaza talks as Hamas hands over lists of names for swap deal
LATEST DEVELOPMENTSTurkish spy master to attend talksErdogan explaining to Hamas on approach to a Palestinian stateBy Tala Ramadan, Jana Choukeir and Nidal al-Mughrabi SHARM EL-SHEIKH, Oct 8 (Reuters) - Hamas said on Wednesday it had exchanged a list of the names of Israeli hostages and Palestini...Reuters
28 minutes ago
Russia says impetus for Ukraine peace after Putin-Trump summit has been exhausted
MOSCOW, Oct 8 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday that the impetus to find a Ukrainian peace deal which emerged after the summit between Vladimir Putin and Donald Trump in August had proven to be exhausted.Ryabkov also said the potential appearance of U.S. To...Reuters
36 minutes ago
Daimler Truck's North America sales shrink in Q3
Oct 8 (Reuters) - Sales of Daimler Truck DTGGe.DE were hit by weakness in its Trucks North America segment in the third quarter, the German truck maker reported on Wednesday. Sales in the segment shrank by nearly 40% from the year before, at 30,225 units. Shares were down 2% on Wednesday after the s...Reuters
38 minutes ago
Stellantis CEO revamps top team in bid to revive ailing automaker
CEO Filosa preparing group's 2026 strategy updateCappellano new Europe chief, Imparato shifts to MaseratiCiancia returns from Mercedes to lead manufacturingAutomaker named new CFO at end of last month MILAN, Oct 8 (Reuters) - Stellantis STLAM.MI CEO Antonio Filosa carried out a shake-up of th...Reuters
45 minutes ago
Innocare Says Unit Signs License Agreement With Zenas Biopharma
Oct 8 (Reuters) - Innocare Pharma 688428.SS:SAYS UNIT SIGNS LICENSE AGREEMENT WITH ZENAS BIOPHARMASAYS ZENAS WILL PAY COMPANY AN UPFRONT PAYMENT OF $100 MILLION, INCLUDING NEAR-TERM MILESTONE PAYMENTSSAYS TOTAL PAYMENTS ALONG WITH RESEARCH AND DEVELOPMENT, REGULATORY MILESTONE AND COMMERCIALIZATION ...Reuters
47 minutes ago
Hollywood, Bollywood groups lobby Indian panel to protect content from AI models
India mulling if copyright law needs changes in AI eraFilm studios say AI companies must license content for trainingTech companies say exceptions will help the AI industryBy Arpan Chaturvedi and Aditya Kalra NEW DELHI, Oct 8 (Reuters) - Hollywood and Bollywood groups are lobbying an Indian pane...Reuters
48 minutes ago
ANALYSIS-Investors set to reignite yield curve steepening if fiscal worries worsen
Amundi says pressure on government budgets unlikely to easeDebt agencies prepared to reduce long-end issuanceRecent steepening mostly due to central bank normalisation in US, euro areaJapan's 10s30s curve steepening due in part to insurer solvency changesBy Stefano Rebaudo Oct 8 (Reuters) - B...Reuters
an hour ago
EU rolls out $1.1 billion plan to ramp up AI in key industries amid sovereignty drive
By Foo Yun Chee and Inti Landauro BRUSSELS, Oct 8 (Reuters) - The European Commission on Wednesday announced a 1-billion-euro ($1.1 billion) plan to ramp up the use of artificial intelligence in key industries amid a push to cut the European Union's reliance on U.S. and Chinese technologies.T...Reuters
an hour ago
Turkey's Erdogan says Syria's Kurdish-led SDF must keep promises and integrate
ANKARA, Oct 8 (Reuters) - President Tayyip Erdogan repeated Turkey's demand that the Kurdish-led Syrian Democratic Forces (SDF) in Syria must keep its promises regarding a deal with Syria's government and integrate into the country's state apparatus.In comments to reporters on a flight b...Reuters
an hour ago
