News
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Musk's Starlink receives India's final regulatory nod for launch, sources say
By Munsif Vengattil, Aditi Shah and Nivedita Bhattacharjee BENGALURU, July 9 (Reuters) - Starlink has received a license from India's space regulator to launch commercial operations in the country, clearing the only remaining regulatory hurdle for the satellite provider to enter the market, t...Reuters
Wed, Jul 9
Advance Zinctek Does Not Expect Negative Impact On U.S. Business
July 9 (Reuters) - Advance ZincTek Ltd ANO.AX:DOES NOT EXPECT NEGATIVE IMPACT ON U.S. BUSINESSANO DOES NOT EXPECT ANY NEGATIVE IMPACT ON ITS U.S. BUSINESS AT THIS STAGEUPDATES ON TARIFFS ANNOUNCED BY TRUMP ADMINISTRATIONANO COULD CONCEIVABLY CONSIDER RELOCATING TO USA IF REQUIREDReuters
Wed, Jul 9
Deals of the day-Mergers and acquisitions
June 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Merck is nearing a $10 billion deal to buy lung diseases focussed Verona Pharma , as the U.S. drugmaker is eyeing deals to offset the upcoming patent ...Reuters
Wed, Jul 9
DOJ questions former UnitedHealth employees over Medicare billing practices, WSJ reports
July 9 (Reuters) - Investigators from the U.S. Department of Justice are questioning former employees of UnitedHealth Group UNH.N over how the company deployed doctors and nurses to gather diagnoses that bolstered its Medicare payments, the Wall Street Journal reported on Wednesday, citing people fa...Reuters
Wed, Jul 9
Kremlin says it's unclear if CNN report that Trump threatened to bomb Moscow is fake or not
MOSCOW, July 9 (Reuters) - The Kremlin said on Wednesday that it was not sure of the veracity of a CNN article that reported U.S. President Donald Trump had once threatened to bomb Moscow to deter Russian President Vladimir Putin from attacking Ukraine.CNN's report cited audio recordings of Trum...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."We stick to our principles, we de...Reuters
Wed, Jul 9
The Justice Department Is Investigating Unitedhealth Group's Medicare Billing, Focusing On Diagnosis Documentation - WSJ
July 9 (Reuters) - THE JUSTICE DEPARTMENT IS INVESTIGATING UNITEDHEALTH GROUP’S MEDICARE BILLING, FOCUSING ON DIAGNOSIS DOCUMENTATION - WSJINVESTIGATORS ARE QUESTIONING FORMER UNITEDHEALTH EMPLOYEES ABOUT EFFORTS TO RECORD SPECIFIC DIAGNOSES THAT GENERATE HIGHER PAYMENTS- WSJPROBE INTO UNITEDHEALTH ...Reuters
Wed, Jul 9
Volkswagen Q2 deliveries rise slightly despite drop in US demand
July 9 (Reuters) - Volkswagen VOWG.DE saw a 1.2% gain in global sales volumes in the second quarter despite a drop in U.S. demand and ongoing tariff uncertainty, thanks to strong uptake in its all-electric offering in Europe, the carmaker said on Wednesday.Reuters
Wed, Jul 9
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
