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REUTERS NEXT-ONE Championship president says IPO always part of the plan
SINGAPORE, July 9 (Reuters) - Mixed martial arts promotion company ONE Championship's Co-Founder and Group President Hua Fung Teh said on Wednesday that launching an initial public offering has always been part of the company's plan. "We have definitely been in conversations with exc...Reuters
Wed, Jul 9
EXCLUSIVE-Ambani's Reliance Jio delays India IPO, 2025 listing not on cards, sources say
Reliance was eyeing 2025 Jio listing to be India's biggest everFirm not planning listing this year, no banker appointed-sourcesOne source says retail unit IPO not likely before 2027 or 2028Ambani had said in 2019 he was targeting IPOs in five yearsBy Aditya Kalra and Scott Murdoch NEW DELHI/S...Reuters
Wed, Jul 9
Taiwan launches biggest war games with simulated attacks against military command
Taiwan's military drills focus on decentralising commandExercises include HIMARS, Sky Sword missiles, 22,000 reservists China dismisses drills as bluff, says Taiwan can't resist PLABy Yimou Lee TAIPEI, July 9 (Reuters) - Taiwan launched its largest ever military drills on Wednesday, start...Reuters
Wed, Jul 9
Oak Re expands leadership team with strategic appointments
By Navneeta NandanJuly 9 - (The Insurer) - Oak Reinsurance unveiled several promotions and cross-segment roles on Wednesday as the Lloyd's startup continues its leadership build-out.This includes the promotion of Sarah Walcott to the role of director of underwriting for property.She will report ...Reuters
Wed, Jul 9
Russia says it captured another east Ukrainian village, struck military airfields
MOSCOW, July 9 (Reuters) - Russia's defence ministry said on Wednesday that its forces have captured the village of Tolstoi, in Ukraine's eastern Donetsk region.In a statement, the ministry also said that it had hit Ukrainian military airfields in strikes overnight.Reuters
Wed, Jul 9
Kokusai Electric - Applied Materials To Become New Largest Shareholder After KKR Stake Sale
July 9 (Reuters) - Kokusai Electric 6525.T:* APPLIED MATERIALS EUROPE B.V. TO BECOME NEW LARGEST SHAREHOLDER AFTER KKR STAKE SALE * KKR HKE INVESTMENT STAKE TO FALL TO 10.60% FROM 23.48%Source textReuters
Wed, Jul 9
German cartel office head expects EU to review RTL's Sky Deutschland plans
BERLIN, July 9 (Reuters) - The head of Germany's cartel office said on Wednesday that he expects the EU Commission to review European broadcaster RTL Group's AUDK.LU planned takeover of Sky Deutschland.RTL Group said last month that it would buy Sky Deutschland, in a deal that combines Sky&#...Reuters
Wed, Jul 9
Germany's cartel office head does not see antitrust issues with possible Commerzbank takeover
BERLIN, July 9 (Reuters) - Germany's cartel office president, Andreas Mundt, said on Wednesday that he does not see any competition issues arising should Italy's UniCredit CRDI.MI take over Commerzbank CBKG.DE.Reuters
Wed, Jul 9
Volkswagen Q2 deliveries rise slightly despite drop in US demand
July 9 (Reuters) - German carmaker Volkswagen VOWG_p.DE saw a 1.2% rise in vehicle deliveries during the second quarter despite a drop in U.S. demand, with all-electric vehicles (BEVs) deliveries up 37.6%, the company said on Wednesday.Volkswagen delivered a total of 2.27 million vehicles during the...Reuters
Wed, Jul 9
Sky offers UK's fastest broadband with 5 Gbps service
LONDON, July 9 (Reuters) - Britain's Sky said it would launch the country's fastest broadband service from a major provider, with a 5 gigabits per second (Gbps) connection thanks to its tie-up with network operator CityFibre and a hub using the latest WiFi 7 technology.The pay-TV company, ow...Reuters
Wed, Jul 9
REFILE-REUTERS NEXT-ONE Championship president says IPO always part of the plan
SINGAPORE, July 9 (Reuters) - ONE Championship Co-Founder and Group President Hua Fung Teh said on Wednesday that launching an initial public offering has always been part of the company's plan. "We have definitely been in conversations with exchanges, both in the West and over here," he...Reuters
Wed, Jul 9
EXCLUSIVE-Ambani's Reliance Jio delays India IPO, 2025 listing not on cards, sources say
Reliance was eyeing 2025 Jio listing to be India's biggest everFirm not planning listing this year, no banker appointed-sourcesOne source says retail unit IPO not likely before 2027 or 2028Ambani had said in 2019 he was targeting IPOs in five yearsBy Aditya Kalra and Scott Murdoch NEW DELHI/S...Reuters
Wed, Jul 9
Russia attacks Ukraine with 700 drones after Trump vows to send more weapons
Zelenskiy wants secondary sanctions on Russia's war incomeNATO member Poland and allies scramble jets borderTrump criticizes Putin over war in UkraineBy Yurii Kovalenko KYIV, July 9 (Reuters) - Russia targeted Ukraine with a record 728 drones overnight, shortly after U.S. President Donald Tru...Reuters
Wed, Jul 9
Germany accuses China of laser targeting aircraft in EU mission
BERLIN, July 8 (Reuters) - Germany summoned the Chinese ambassador to the foreign ministry on Tuesday after saying China's military had laser-targeted a German aircraft taking part in an EU operation in the Red Sea, an account Beijing denied.The flare-up in tensions comes as concerns mount in th...Reuters
Wed, Jul 9
BREAKINGVIEWS-Singapore's Temasek waves timely Buy America flag
By Una GalaniHONG KONG, July 9 (Reuters Breakingviews) - Singapore's sovereign investors are hardly contrarians, but on Wednesday one of them offered a timely reminder of the enduring appeal of the "Buy America" trade. It offers a clue to how far other global funds will go underweight on...Reuters
Wed, Jul 9
Germany's Merz: diplomatic means to resolve Ukraine war have been exhausted
BERLIN, July 9 (Reuters) - German Chancellor Friedrich Merz said that the diplomatic means to resolve the war in Ukraine have been exhausted and vowed to continue supporting Kyiv's fight against Russian aggression.Reuters
Wed, Jul 9
Thailand preparing $1.2 billion in measures to address US tariff impact
BANGKOK, July 9 (Reuters) - Thailand is preparing more than 40 billion baht ($1.22 billion) in measures to mitigate the impact of U.S. tariffs, a deputy finance minister said on Wednesday.The central bank should also ease monetary policy further, Paopoom Rojanasakul told reporters.($1 = 32.66 baht)Reuters
Wed, Jul 9
REUTERS NEXT-Thai Airways could firm up Boeing order as part of tariff talks, CEO says
SINGAPORE, July 9 (Reuters) - Thai Airways International THAI.BK could exercise an existing option to buy more planes from U.S. planemaker Boeing BA.N as part of Thailand's tariff negotiations with the United States, CEO Chai Eamsiri told a Reuters NEXT Asia summit on Wednesday.The flag carrier ...Reuters
Wed, Jul 9
EU working closely to get trade deal with US, ready for all scenarios, von der Leyen says
BRUSSELS, July 9 (Reuters) - The European Union is working closely with U.S. President Donald Trump's administration to reach a trade deal, but Brussels is getting ready for all scenarios, European Commission President Ursula von der Leyen said on Wednesday while addressing the European Parliame...Reuters
Wed, Jul 9
PRESS DIGEST- New York Times business news - July 9
July 9 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Apple AAPL.O named insider Sabih Khan as its chief operating officer, taking over from Jeff Williams, as part of a long-planned su...Reuters
Wed, Jul 9
Malaysia central bank lowers key rate to 2.75% on weaker growth outlook
First cut in 5 years comes day after U.S. announces 25% tariffRate change 'pre-emptive measure' to protect economy, cbank saysGrowth outlook hit by tariffs, geopolitical tensions KUALA LUMPUR, July 9 (Reuters) - Malaysia's central bank cut its benchmark interest rate MYINTR=ECI for th...Reuters
Wed, Jul 9
Malaysia will not cross "red lines" in U.S. tariff negotiations, minister says
KUALA LUMPUR, July 9 (Reuters) - Malaysia will not cross certain "red lines" in its negotiations with the United States, its trade minister said on Wednesday, as the country continues talks with Washington to lower a 25% tariff imposed on its exports. Investment, Trade and Industry Minister ...Reuters
Wed, Jul 9
