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CORRECTED-US pushes for June peace deal between Rwanda and Congo
KINSHASA, June 12 (Reuters) - The United States is pressing for swift progress in peace negotiations between Rwanda and the Democratic Republic of Congo (DRC), with a senior U.S. diplomat underscoring an “extremely aggressive timeline” for a potential agreement as early as June or July.Troy Fitrell,...Reuters
Fri, Jun 13
Stocks
Street View: Investors await results on Adobe's big AI bet
** Photoshop-maker Adobe ADBE.O raised its full-year results forecast on Thursday, counting on demand for its AI-powered software tools** Shares fall almost 7%** Median PT of 41 brokerages covering the stock is $480 - data compiled by LSEG AI INITIATIVES UNDER SCRUTINY ** RBC Capital Markets (&...Reuters
Fri, Jun 13
Other
FACTBOX-Airlines suspend flights after Israel strikes Iran
June 13 (Reuters) - Israel's strikes against Iran have prompted international airlines to halt flights to some Middle East destinations.Below are some of the airlines that have cancelled their flights to and from the region:AEGEAN AIRLINES AGNr.ATGreece's Aegean Airlines has cancelled all fl...Reuters
Fri, Jun 13
Other
Deutsche Telekom, Nvidia join forces on manufacturers' AI cloud in Germany
By Andreas Rinke and Hakan Ersen BERLIN, June 13 (Reuters) - Deutsche Telekom DTEGn.DE will join forces with Nvidia NVDA.O to establish an artificial intelligence cloud for European manufacturers in Germany, the companies said on Friday.Nvidia will supply 10,000 chips, or graphics processing unit...Reuters
Fri, Jun 13
Cryptocurrencies
The threat of selling by corporate BTC holders is a ‘systemic risk’ to markets: Coinbase
Public companies using leveraged positions to acquire Bitcoin could put the markets at a systemic risk, according to the Coinbase monthly outlook for June. The crypto exchange stated that there’s a possibility of both forced and discretionary selling pressure in the crypto market, even as overall sentiment appears positive for the second half of 2025. […]Cryptopolitan
Fri, Jun 13
Other
FDA Says Nipro Removes Medicalyte Liquid Bicarbonate Concentrate Due To Contamination
June 13 (Reuters) - FDA: FDA: NIPRO REMOVES MEDICALYTE LIQUID BICARBONATE CONCENTRATE DUE TO CONTAMINATIONFDA: IDENTIFIED RECALL OF MEDICALYTE LIQUID BICARBONATE CONCENTRATE AS MOST SERIOUS TYPEFDA: NIPRO HAS RECEIVED REPORTS OF ONE SERIOUS INJURY AND ONE DEATHReuters
Fri, Jun 13
Cryptocurrencies
Even While the World Bank Says Economic Growth Slowest Since 2008, the Case for BTC Keeps Growing
The World Bank doctor is in, and he’s got some bad news. The world economy is on course for a 2.3% growth, down from 2.7% in 2024. And hey, growth is good, right? Except that in this case, 2.3% is the weakest performance in 17 years. The only time when this was worse was during […]Bitcoinist
Fri, Jun 13
Other
Trump allowed to keep National Guard in Los Angeles as more protests planned
Public opinion divided on military use to manage protests, Reuters/Ipsos poll showsSaturday's military parade expected to draw nationwide protestsProtests have been mostly peacefulBy Brad Brooks LOS ANGELES, June 13 (Reuters) - U.S. President Donald Trump can keep his deployment of National G...Reuters
Fri, Jun 13
Stocks
J.P.Morgan raises Jabil's PT, projects higher 2025 earnings
** J.P.Morgan raises electric component maker Jabil Inc's JBL.N PT to $180 from $154, showing marginal upside of 0.5% to stock's last close; reiterates 'overweight' rating** Brokerage lifts co's 2025 EPS forecast to $9.05 from $8.86** Expects co's Q3 revenue to be $7.2 bln - ...Reuters
Fri, Jun 13
Stocks
Where Will Uber Stock Be in 5 Years?
Uber's (NYSE: UBER) path to profitability, growing dominance in mobility and delivery, and big bets on autonomy and advertising could supercharge its future, unless regulation or competition slows it down. In this video, I unpack the upside, the risks, and where Uber stock could be in five years.*St...The Motley Fool
Fri, Jun 13
Other
Deals of the day-Mergers and acquisitions
June 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** France's BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE a...Reuters
Fri, Jun 13
Other
Perma-Pipe International Reports Q1 Gross Profit USD 16.724 Million
June 13 (Reuters) - Perma-Pipe International Holdings Inc PPIH.O:PERMA-PIPE INTERNATIONAL Q1 GROSS PROFIT USD 16.724 MILLIONPERMA-PIPE INTERNATIONAL Q1 SALES USD 46.747 MILLIONPERMA-PIPE INTERNATIONAL Q1 NET INCOME USD 5.854 MILLIONPERMA-PIPE INTERNATIONAL Q1 OPERATING EXPENSES USD 8.835 MILLIONPERM...Reuters
Fri, Jun 13
Stocks
LIVE MARKETS-Deglobalization isn't a threat, it's a trade, Bernstein says
Main US indexes red; Dow off most, down >1%Financials weakest S&P 500 sector; Energy, Staples riseEuro STOXX 600 index off ~0.9%Dollar jumps; gold up >1.5%; crude surges ~8%; bitcoin dipsUS 10-Year Treasury yield rises to ~4.39%Welcome to the home for real-time coverage of markets brought ...Reuters
Fri, Jun 13
Other
From a Russian prison, US schoolteacher tells lawyers he was grabbed by Moscow's soldiers
Stephen Hubbard is one of several Americans held in RussiaUS-based lawyer says Hubbard has professed his innocenceWashington has designated him 'wrongfully detained'The Kremlin last month indicated a possible prisoner swapBy Lucy Papachristou LONDON, June 13 (Reuters) - A 73-year-old Amer...Reuters
Fri, Jun 13
Other
Trump said US was aware of Israel’s plans to attack Iran, WSJ reports
June 13 (Reuters) - U.S. President Donald Trump told the Wall Street Journal on Friday that he and his team had known about Israel's plans to attack Iran.The Wall Street Journal said that, when asked what kind of a heads-up the United States received before the attack, Trump said in a brief phon...Reuters
Fri, Jun 13
Commodities
Teams have arrived from UK, U.S. to probe Air India plane crash, says Tata chairman
NEW DELHI, June 13 (Reuters) - Investigators from the United Kingdom and the U.S. have arrived to probe the Air India plane crash that occurred on Thursday killing more than 240 people, Tata Chairman Natarajan Chandrasekaran said in an internal memo seen by Reuters.Reuters
Fri, Jun 13
