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PRESS DIGEST-Financial Times - July 25
July 25 (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- Liberty Global to slash jobs and sell private jet in restructuring- GSK blood cancer drug reapproved by EU regulator- UAE's Sidara...Reuters
17 minutes ago
EV battery firm LG Energy sees demand slowdown after Q2 profit jump
By Heekyong Yang and Hyunjoo Jin SEOUL, July 25 (Reuters) - South Korean battery firm LG Energy Solution 373220.KS warned on Friday of a further slowdown in demand by early next year due to U.S. tariffs and policy uncertainties after it posted a quarterly profit jump. Its major customers Tesla TS...Reuters
22 minutes ago
Trump says he wants Musk and his companies to thrive in US
Trump, Musk fell out publicly on June 5Trump had threatened to cut Musk's public contractsPresident says he will not destroy Musk's companies July 24 (Reuters) - President Donald Trump said on Thursday he would not destroy Elon Musk's companies by taking away federal subsidies and tha...Reuters
27 minutes ago
South Korea minister meets US commerce secretary in effort to reach tariff deal
South Korea in a race to clinch trade deal by August 1 deadlineIndustry minister latest in flurry of high-level Washington meetingsSouth Korea 'very, very' much wants a deal after US-Japan agreement, Lutnick says By Jack Kim SEOUL, July 25 (Reuters) - South Korea's Industry Minister K...Reuters
30 minutes ago
French plan to recognise Palestinian state draws fire from Israel, US
Macron to recognise Palestine at UN General AssemblyAim is to create momentum for others to followIsrael's Katz: decision is a surrender to terrorismUS says the move is a 'slap in the face' for October 7 victimsCanada accuses Israel of violating international lawBy John Irish PARIS/WA...Reuters
38 minutes ago
China 30-year bond futures set for biggest weekly drop in 10 months
SHANGHAI, July 25 (Reuters) - China's ultra-long-dated government bond futures are poised for their steepest weekly decline in 10 months, implying higher bond yields, as a rally in equity and commodity markets drew investors' interest away from the safety of fixed income.Chinese 30-year trea...Reuters
41 minutes ago
Fans dive into San Diego Comic-Con despite drop in celebrity panels
By Rollo Ross and Danielle BroadwaySAN DIEGO, July 24 (Reuters) - This year's Comic-Con may not be featuring as much star power as usual, but attendees dressed up for opening day on Thursday were just as pumped as ever to be there.Richard Cao, 38, from San Diego, said he has been preparing for a...Reuters
44 minutes ago
ADT Announces Pricing Of Secondary Public Offering Of Common Stock And Concurrent Share Repurchase
July 24 (Reuters) - ADT Inc ADT.N:ADT ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF COMMON STOCK AND CONCURRENT SHARE REPURCHASEADT INC - PRICES SECONDARY OFFERING OF 71 MILLION SHARESReuters
an hour ago
Uber dials up new fights with plaintiffs lawyers
Uber continues push against alleged attorney misconduct, overreachD.C. lobbying revenues surgeFrance's Macrons turn to Clare LockeUK firms point to U.S. growth as revenues rise By Mike Scarcella, David Thomas and Sara Merken July 24 (Reuters) - (Billable Hours is Reuters' weekly report on...Reuters
an hour ago
US says it rejects Macron's plan to recognize a Palestinian state
WASHINGTON, July 24 (Reuters) - U.S. Secretary of State Marco Rubio said on Thursday that Washington rejected French President Emmanuel Macron's plan to recognize a Palestinian state, with the top American diplomat calling it a "reckless decision."Macron said on Thursday that France inte...Reuters
an hour ago
US clears way for $8 billion Paramount-Skydance merger
FCC approval follows settlement of Trump's '60 Minutes' lawsuitCommission Chairman Carr says the approval is unrelated to a civil lawsuitLone Democratic commissioner on FCC dissents from decisionBy Dawn Chmielewski, David Shepardson and Lisa Richwine July 24 (Reuters) - The $8.4 billi...Reuters
an hour ago
COLUMN-Papering over strains, US and allies prep for Taiwan war: Peter Apps
By Peter Apps WASHINGTON, July 25 (Reuters) - As they kicked off the largest joint military exercises in Australia’s history with a press conference in Sydney earlier this month, U.S. commanders gave a simple explanation for why 35,000 troops from 19 nations were simulating high-tech warfare.In t...Reuters
2 hours ago
OBITUARY-Hulk Hogan, who helped turn pro wrestling into billion-dollar spectacle, dies at 71
By Rocky Swift July 24 (Reuters) - Hulk Hogan, the American sports and entertainment star who made professional wrestling a global phenomenon and loudly supported Donald Trump for president, has died at the age of 71, World Wrestling Entertainment said on Thursday."WWE is saddened to learn WW...Reuters
2 hours ago
Five former Hockey Canada players found not guilty in sexual assault trial
Judge cites lack of credible evidence from complainantTrial faced disruptions, including mistrial and dismissed juriesHockey Canada faced funding freeze amid scandalBy Frank PingueJuly 24 (Reuters) - Five former players on Canada's 2018 world junior ice hockey team have been found not guilty of...Reuters
2 hours ago
Absci Prices Public Offering At $3.00 Per Share
July 24 (Reuters) - Absci Corp ABSI.O:ABSCI ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCKABSCI CORP - PRICES PUBLIC OFFERING AT $3.00 PER SHAREABSCI CORP - PRICES UNDERWRITTEN PUBLIC OFFERING OF 16,670,000 SHARES OF ITS COMMON STOCK AT A PUBLIC OFFERING PRICE OF $3.00 PER SHAREReuters
2 hours ago
EV battery firm LG Energy Solution Q2 profit jumps
SEOUL, July 25 (Reuters) - South Korean battery firm LG Energy Solution (LGES) 373220.KS on Friday posted a 152% rise in quarterly profit, driven by front-loaded demand as some customers stockpiled batteries ahead of potential U.S. tariffs. The company, which supplies Tesla TSLA.O, General Motors...Reuters
2 hours ago
Canada condemns Israeli government over 'humanitarian disaster' in Gaza
OTTAWA, July 24 (Reuters) - Canada on Thursday condemned the Israeli government for failing to prevent what Prime Minister Mark Carney called a humanitarian disaster in Gaza. Carney also accused Israel of violating international law over the blocking of Canadian-funded aid delivery to civilians in t...Reuters
2 hours ago
Air Current Editor Citing UAL Says Fire Alarm Sounded At Operations Center Which Resulted In Brief Nationwide Ground Stop Of United Aircraft
July 24 (Reuters) - FIRE ALARM SOUNDED AT OPERATIONS CENTER WHICH RESULTED IN BRIEF NATIONWIDE GROUND STOP OF UNITED AIRCRAFT- AIRCURRENT EDITOR CITING UALEMPLOYEES HAVE RETURNED TO OUR PRIMARY OPERATIONS CENTER, & THE GROUND STOP HAS BEEN LIFTED - AIRCURRENT EDITOR CITING UALSource text: https:...Reuters
2 hours ago
