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Morning News Call - U.S., July 9
To access a PDF version of this newsletter, please click here You can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-page For Morning Ne...Reuters
Wed, Jul 9
Turkey blocks X's Grok content for alleged insults to Erdogan, religious values
ANKARA, July 9 (Reuters) - A Turkish court on Wednesday blocked access to some content from Grok, developed by Elon Musk-founded company xAI, after authorities said the chatbot generated responses insulting President Tayyip Erdogan, modern Turkey's founder Mustafa Kemal Ataturk and religious val...Reuters
Wed, Jul 9
South Korea cites previously agreed terms on sharing defense costs after Trump's demand
South Korea to stick to existing defense costs agreementTrump demands Seoul pay more for US troop presenceTariff negotiations ongoing amid defense cost discussionsBy Joyce Lee and Ju-min Park SEOUL, July 9 (Reuters) - South Korea will follow terms previously agreed with the United States on defen...Reuters
Wed, Jul 9
Apple eyes US Formula 1 broadcast rights after 'F1: The Movie' success, FT reports
July 9 (Reuters) - Apple AAPL.O is in talks to acquire U.S. broadcast rights to screen Formula 1 racing when the contract becomes available next year, the Financial Times reported on Wednesday, citing people familiar with the matter. The report follows the strong performance of Apple's high-o...Reuters
Wed, Jul 9
EU aims to stockpile critical medical supplies for future crises
By Milan StrahmBRUSSELS, July 9 (Reuters) - The European Union aims to stockpile critical medical equipment and vaccines in case of future health crises and to set up a network to ease coordination among EU countries, European crisis chief Hadja Lahbib said on Wednesday.The 27-country bloc is scarre...Reuters
Wed, Jul 9
Health Rounds: Experimental Bayer drug eases menopause-like symptoms from breast cancer therapy
By Nancy LapidJuly 9 (Reuters) - The hot flashes and night sweats that plague breast cancer survivors during years-long hormone-suppressing therapy are eased by an experimental non-hormonal drug being developed by Bayer BAYGn.DE, according to results from a late-stage trial.The participants in the t...Reuters
Wed, Jul 9
COLUMN-Under pressure, U.S. companies back off DEI pay metrics: Ross Kerber
By Ross Kerber July 9 (Reuters) - Tying U.S. executives' pay to corporate diversity metrics was all the rage for a few years. But that's no longer the case as companies respond to pressure from conservative activists and U.S. President Donald Trump's administration, a new review foun...Reuters
Wed, Jul 9
South Korean adviser suggests US talks on trade, security and investment
SEOUL, July 9 (Reuters) - South Korea's National Security Adviser, Wi Sung-lac, said on Wednesday he had suggested to the U.S. that they advance discussions on a package of issues including trade, investment, purchases and security during his visit to Washington this week.Reuters
Wed, Jul 9
JP Morgan CEO to Handelsblatt: we want to invest further in Germany
BERLIN, July 9 (Reuters) - JP Morgan's CEO signalled that he was ready for the U.S. bank to invest in Germany, telling business daily Handelsblatt in an interview on Wednesday that the aim was to continue to grow.JP Morgan would "absolutely" invest in Germany, Jamie Dimon told the newspa...Reuters
Wed, Jul 9
Eli Lilly FDA Approves Updated Label For Kisunla
July 9 (Reuters) - Eli Lilly and Co LLY.N:ELI LILLY: FDA APPROVES UPDATED LABEL FOR KISUNLA WITH NEW DOSING IN EARLY SYMPTOMATIC ALZHEIMER'S DISEASEELI LILLY: NEWLY RECOMMENDED DOSING SCHEDULE SIGNIFICANT LOWERED ARIA-E RATES VERSUS ORIGINAL SCHEDULESource text: [ID:]Reuters
Wed, Jul 9
Poland to report Musk's chatbot Grok to EU for offensive comments
WARSAW, July 9 (Reuters) - Poland is going to report Elon Musk’s xAI to the European Commission after its chatbot Grok made offensive comments about Polish politicians, including Prime Minister Donald Tusk. Issues of political biases, hate speech and accuracy of AI chatbots have been a concern since...Reuters
Wed, Jul 9
US FDA approves gradual dosing for Lilly Alzheimer's drug
By Deena Beasley July 9 (Reuters) - The U.S. Food and Drug Administration approved changing the prescribing information for Eli Lilly's LLY.N Alzheimer's drug Kisunla to allow more gradual dosing to lower the risk of a potentially dangerous type of brain swelling, the company said on Wedn...Reuters
Wed, Jul 9
Merck To Acquire Verona Pharma for $10 billion
July 9 (Reuters) - Verona Pharma PLC I9SAy.F:MERCK TO ACQUIRE VERONA PHARMA, EXPANDING ITS PORTFOLIO TO INCLUDE OHTUVAYRE® (ENSIFENTRINE), A FIRST-IN-CLASS COPD MAINTENANCE TREATMENT FOR ADULTS AND EXPECTED TO DRIVE GROWTH INTO THE NEXT DECADEVERONA PHARMA PLC - MERCK TO BUY VERONA PHARMA FOR $10 BI...Reuters
Wed, Jul 9
BoE's Breeden calls for international debate on bank capital buffers
LONDON, July 9 (Reuters) - Bank of England Deputy Governor Sarah Breeden said on Wednesday that international finance regulators should have a debate over the best usage of banks' capital buffers based on the experience of the COVID-19 pandemic."One of the things that we learned through that...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
Ukraine's Zelenskiy to meet US envoy Kellogg in Italy, spokesperson says
July 9 (Reuters) - Ukrainian President Volodymyr Zelenskiy is due to meet U.S. President Donald Trump's Ukraine envoy, Keith Kellogg, during a visit this week to Rome, the Ukrainian leader's spokesperson said on Wednesday.Zelenskiy is travelling to Italy before a conference on July 10-11 ded...Reuters
Wed, Jul 9
30-Year Treasury Yield Nears 5% Again as Bulls Retreat and Global Bond Markets Falter
TradingKey - U.S. long bonds extended their selloff for a fifth straight session, with the 30-year Treasury yield climbing toward the closely watched 5% threshold—its highest level since mid-June. A combination of fading demand for long-duration debt globally, renewed uncertainty from Donald Trump'sTradingKey
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
More than two dozen critics of Pakistan government face YouTube ban
YouTube tells 27 content creators their channels could be taken downYouTube move comes after Islamabad court sought banChannels at risk include main opposition party, former PM Imran Khan, journalists critical of governmentBy Asif Shahzad and Ariba Shahid ISLAMABAD, July 9 (Reuters) - Alphabe...Reuters
Wed, Jul 9
20-Year JGB Auction Back in Focus as the Japan Bond Market Faces Political Risk
TradingKey - With growing concerns that Japan’s ruling coalition may lose power in the July 20 Upper House elections, and potentially unleash a new wave of large-scale fiscal stimulus, 30-year Japanese government bond (JGB) yields hit record highs, signaling the arrival of a fresh bond market
TradingKey
Wed, Jul 9
Renovaro Inc - Enters Exchange Agreement With Accredited Investors
July 9 (Reuters) - Renovaro Inc RENB.O:RENOVARO INC - ENTERS EXCHANGE AGREEMENT WITH ACCREDITED INVESTORS - SEC FILINGRENOVARO INC - INVESTORS EXCHANGE $9.7 MILLION SECURED NOTES FOR $16.1 MILLION CONVERTIBLE NOTES - SEC FILINGReuters
Wed, Jul 9
Arch Syndicate names Lacouture as active underwriter
By Navneeta NandanJuly 9 - (The Insurer) - Arch Capital Group has promoted Ondine Bourrut Lacouture to active underwriter of Arch Syndicate 1955 at Lloyd’s, the company said on Wednesday.Lacouture succeeds Simon Williams, who will continue his role as chief strategy and distribution officer of Arch ...Reuters
Wed, Jul 9
