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Elevance raises annual profit forecast on better medical cost management
Elevance Health raised its annual profit forecast after beating second-quarter earnings estimates on Wednesday, as it looks to keep medical costs in check.
China's Sinopec establishes four business units in major overhaul, officials say
Sinopec is launching a major internal restructuring, setting up new business units and relocating hundreds of staff, as the world's biggest refiner seeks to lift profits amid flagging Chinese oil and petrochemicals demand, company officials said.
JPMorgan expands EMEA corporate banking business in latest push on regional rivals
By Lawrence White LONDON, July 15 (Reuters) - JPMorgan has launched an expansion of its corporate banking business in Europe, the Middle East and Africa as it seeks to grow income and claim market share from regional and domestic lenders, James Roddy, ...
JPMorgan expands EMEA corporate banking business in latest push on regional rivals
JPMorgan has launched an expansion of its corporate banking business in Europe, the Middle East and Africa as it seeks to grow income and claim market share from regional and domestic lenders, James Roddy, head of global corporate banking at the U.S. lender, told Reuters.
India's ICICI Prudential Life reports quarterly profit jump on strong premium growth
ICICI Prudential Life Insurance reported a 27.8% rise in first-quarter profit on Wednesday, supported by strong premium growth from its high-margin products.
Sweden's Neko Health raises $700 million ahead of US launch
Stockholm-based Neko Health, a technology firm focused on the prevention and early detection of disease, said on Wednesday it has raised $700 million in a Series C funding round ahead of the launch of its first U.S. clinic later this year.
Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion, two people familiar with the matter said.
Yum shares fall after report US health authorities investigating Taco Bell in cyclosporiasis outbreak
Yum Brands' shares fell as much as 4.5% on Tuesday after the Washington Post reported federal and state health officials were investigating whether lettuce served at Taco Bell may have been associated with an outbreak of cyclosporiasis, an intestinal illness.
Fender escalates Stratocaster copyright fight, taking aim at Yamaha
Fender, the U.S. maker of the iconic Stratocaster electric guitar played by Jimi Hendrix and Eric Clapton, has widened its legal campaign to defend the guitar's design with a notice letter sent to Yamaha , the Japanese company told Reuters.
Thomson Reuters to Sell Stake in Legal, Tax Business to KKR
Thomson Reuters Corp. agreed to sell a 51% stake in its legal and tax publishing business to investment firm KKR & Co. in a $500 million deal.
IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI
IBM's preliminary second-quarter revenue forecast came below Wall Street estimate on Tuesday, as customers prioritized spending on AI infrastructure, including servers, storage and memory purchases, sending its shares slumping 17% in premarket trading.
Thomson Reuters to sell 51% stake in Global Print business to KKR for $500 million
Thomson Reuters said it would sell a 51% stake in its Global Print business to KKR for about $500 million and form a venture with the private equity firm that would hold exclusive license to distribute its content in print and digital books.
Pound marches higher as investors focus on UK politics
The pound rose against the dollar on Tuesday as investors took profits after the U.S. currency's recent climb to more than one-year highs ahead of key U.S. inflation data later in the day, while holding steady against the euro.
Wells Fargo profit jumps on interest income boost
Wells Fargo's profit jumped in the second quarter as its income from interest payments rose.
US small-business sentiment rebounds in June, inflation a major worry for many
WASHINGTON, July 14 (Reuters) - U.S. small-business sentiment increased in June, but the share of owners reporting that inflation was their "single most important" problem was the highest in nearly two years, and more said they had raised average selli...
US small-business sentiment rebounds in June, inflation a major worry for many
U.S. small-business sentiment increased in June, but the share of owners reporting that inflation was their "single most important" problem was the highest in nearly two years, and more said they had raised average selling prices.
German retailers warn of worsening business conditions as costs rise
German retailers are facing worsening business conditions as rising energy, labour and purchasing costs squeeze profits while sales remain weak, the German Retail Association (HDE) said on Tuesday, urging the government to act quickly.
Pesticide makers stack wins against US environmental, public health groups
The U.S. Supreme Court handed a major legal victory to German agrichemical and pharmaceutical company Bayer last month when it reined in thousands of lawsuits accusing the German company of failing to warn users that glyphosate, the active ingredient in its Roundup weedkiller, causes cancer.
India seeks to quash Adani airport's nicotine pouch court challenge citing illegality, health risk
The Indian government has argued the airport sale of nicotine pouches is a "substantive violation" of drug laws and a "serious public health risk", seeking to throw out Adani Group's bid to overturn an official finding that it broke the law by selling the unlicensed products at Mumbai's airport.
India's TCS rejigs leadership team, creates new business units
Tata Consultancy Services announced a top-level leadership reshuffle and formed five new business units focused on growth in the U.S. West Coast market and its ServiceNow practice as AI threatens to disrupt the $315 billion Indian IT sector.
US health watchdog expects $5.56 billion in recoveries and savings
The federal watchdog for the U.S. health department generated $5.56 billion in expected recoveries and projected savings over six months and barred 1,212 individuals and companies from federal programs, it said on Monday, even as its overall enforcement activity fell to the lowest level in two years.
US Health Watchdog Expects $5.56 Billion in Recoveries and Savings
By Ahmed Aboulenein WASHINGTON, July 13 (Reuters) - The federal watchdog for the U.S. health department generated $5.56 billion in expected recoveries and projected savings over six months and barred 1,212 individuals and companies from federal programs, it said on Monday, even as its overall ...
TSMC to add 2 advanced chip packaging plants in Chiayi, Taiwan minister says
Taiwan Semiconductor Manufacturing Co (TSMC) will add two advanced chip packaging plants in the Chiayi Science Park, the island's science and technology minister said on Sunday.
Mitch McConnell releases health update, says he is ‘regaining’ strength
The Republican senator has been absent from Congress during a weeks-long hospitalisation, spurring party concern.
Draymond believes ‘crazy' pitch to LeBron will make star free agent's brain work
Draymond Green confirmed that he spent time with LeBron James last week, and the Warriors star made the case for the 41-year-old to join Golden State.
Trump says he 'just finished' a physical at Walter Reed
U.S. President Donald Trump said on Saturday that he had "just finished" a physical at Walter Reed National Military Medical Center, without specifying when the exam was conducted.
US judge won't block FTC case against transgender health nonprofit
A U.S. judge on Friday declined for now to block the Federal Trade Commission from pursuing a lawsuit accusing a nonprofit focused on transgender health of making misleading statements about the benefits of gender-affirming treatments for minors.
Cboe expects SK Hynix options to trade two business days after Nasdaq debut, source says
Derivatives exchange Cboe Global Markets expects to list options on SK Hynix's U.S.-listed shares two business days after the stock's trading debut, a source familiar with the matter told Reuters on Friday.
Cboe expects SK Hynix options to trade two business days after Nasdaq debut, source says
Derivatives exchange Cboe Global Markets expects to list options on SK Hynix's U.S.-listed shares two business days after the stock's trading debut, a source familiar with the matter told Reuters on Friday. The South Korean chipmaker, which raised $26.5 billion in share sale, is set to make its Wall Street entry later in the day. SK Hynix, which is valued at about $1.03 trillion based on its South Korea-listed shares, did not immediately respond to a Reuters request for comment.
Focus: Inside the U.S. race for drone delivery dominance
Engineer Beth Flippo uprooted her family in 2021, trading New Jersey for the rambling fields of Ohio, where she had been tapped to run a pilot program delivering groceries via drone for Kroger .
Germany's lower house of parliament passes healthcare reform
Germany's lower house of parliament on Friday approved a bill to overhaul the creaking health insurance system that has drawn fierce opposition from drugs companies which fear tougher pricing measures will harm profitability and reduce investment.
Trump Terminates Election Assistance Commission Members
By Bo Erickson and Erin Banco WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Thursday terminated the members of the Election Assistance Commission, the independent, federal commission that assists election administration officials nationwide, according to one person familiar with ...
USDA lowers beef export sales by 90% amid growing doubts over data
The U.S. Department of Agriculture dramatically lowered its reported beef export sales for late June on Thursday, sparking fresh concerns about the quality of the agency's data after staffing losses as part of the Trump administration's reshaping of the federal government.
Zelenskiy: licenses for Patriot agreed with US at political level, interceptors to be delivered
Ukraine and the United States have reached a political agreement on licences for production of PAC-3 Patriot interceptors, President Volodymyr Zelenskiy said on Thursday, adding that key supplies of the missiles were to arrive in the next few days.
Goldman bans staff from participating in finance, politics prediction markets, source says
Wall Street giant Goldman Sachs has barred employees from trading on prediction-market contracts linked to financial markets and political events, a source familiar with the matter said on Thursday.
Wall Street giants bar staff from finance and politics prediction markets, source says
July 9 (Reuters) - Wall Street giants Goldman Sachs and Morgan Stanley have barred employees from trading on prediction-market contracts linked to financial markets and political events, a source familiar with the matter said on Thursday. A memo was ...
Mitch McConnell's health absence a mystery with US Senate poised to return
The U.S. Senate returns on Monday for a four-week work period expected to include votes on defense and other national security legislation, with one of the most influential voices on those issues – Republican Senator Mitch McConnell – still absent with undisclosed health problems.
Mitch McConnell's Health Absence a Mystery With US Senate Poised to Return
By David Morgan WASHINGTON, July 9 (Reuters) - The U.S. Senate returns on Monday for a four-week work period expected to include votes on defense and other national security legislation, with one of the most influential voices on those issues – Republican Senator Mitch McConnell – still absent ...
OpenAI launches ChatGPT Work
OpenAI on Thursday unveiled ChatGPT Work, an agent in its popular chatbot designed to execute tasks across different applications and files, marking the startup's latest push into workplace automation.
Overcrowding, lack of clean water among biggest health risks from Venezuela quakes says PAHO
The biggest risks to residents' health following devastating twin earthquakes that ripped across Venezuela's northern coast last month include interruptions to regular medical care, overcrowding in shelters and lack of access to clean water, Jarbas Barbosa, the director of the Pan American Health Organization, said on Thursday.
Overcrowded Shelters, Poor Water Access Pose Health Risks After Venezuela Quakes, PAHO Says
By Julia Symmes Cobb July 9 (Reuters) - The biggest health risks following twin earthquakes that ripped across Venezuela's northern coast last month include interruptions to regular medical care, crowded shelters and lack of access to clean water, the head of the Pan American Health Organization ...
Greek firefighters battle fire at business site, at least two injured
Greek firefighters on Thursday were battling a fire which broke out at a business premises some 15 km (9 miles) northwest of Athens, seriously wounding at least two people, the fire brigade said.
Volkswagen stakeholders meet to decide future of creaking auto giant
Volkswagen's proposal to slash tens of thousands more jobs and close factories faces a major test on Thursday as the groups that control Europe's largest carmaker meet to discuss the plans, drawing worker protests at plants across the country.
Japan benchmark bond yield hits 30-year high on inflation, fiscal health concerns
The benchmark 10-year Japanese Government Bond (JGB) yield hit a 30-year high on Thursday, as rising oil prices rekindled inflation concerns and investors remained wary of Japan's fiscal health.
OpenAI launches GPT-Live voice models that listen and speak simultaneously
OpenAI on Wednesday launched GPT-Live, a new family of voice models capable of listening and speaking simultaneously in real time.
JPMorgan hires veteran banker Michael Flynn to lead small-cap banking business
JPMorgan Chase has hired veteran banker Michael Flynn to lead a newly created banking business, according to a memo seen by Reuters on Wednesday.
Political survivor Le Pen makes her boldest gamble yet for France's presidency
In launching her fourth bid for the French presidency, just hours after judges cleared her to run, Marine Le Pen portrayed herself as a fighter who had defied the odds to overcome a months-long legal battle that threatened to end her political ambitions.
Spain's Santander overhauls Asia-Pacific business, FT reports
Spain's Santander has overhauled its Asia-Pacific business under new management, removed its top banker in Beijing, and tightened employee oversight in the region, the Financial Times reported on Wednesday, citing people familiar with the matter.
ResMed to sell software business MatrixCare for $490 million
ResMed said on Tuesday it would sell its software business MatrixCare to private equity firm Frazier Healthcare Partners for $490 million in cash, as the health technology company sharpens its focus on sleep, breathing and home-based care.
Bottled water business owner appeals detention in Trinidad over alleged PM assassination plot
Business executive Dominic Hadeed and his wife Genevieve filed an appeal on Tuesday against their detention over an alleged plot to assassinate top members of the Trinidadian government, including Prime Minister Kamla Persad-Bissessar.
Bottled Water Business Owner Appeals Detention in Trinidad Over Alleged PM Assassination Plot
July 7 (Reuters) - Business executive Dominic Hadeed and his wife Genevieve filed an appeal on Tuesday against their detention over an alleged plot to assassinate top members of the Trinidadian government, including Prime Minister Kamla Persad-Bissessar. Hadeed, who owns the Trinidad and ...
ABC Says US TV Regulator Pushing Trump Politics by Targeting 'The View'
ABC calls on FCC to dismiss a proposal impacting its talk show 'The View' regarding equal time rules for political candidates.
ABC says Trump agency unfairly targets 'The View'
Disney-owned ABC on Tuesday urged the Federal Communications Commission to reject a proposal to declare its daytime talk show "The View" subject to federal equal time rules for political candidates while ignoring conservative talk radio shows.
IOC provisionally lifts ban on Russian Olympic Committee, athletes to return to international competitions
The International Olympic Committee provisionally lifted its ban on the Russian Olympic Committee on Tuesday, paving the way for a return to international competitions including the Los Angeles 2028 Olympics.
Fed's Williams tells Fox Business he's more sanguine on inflation due to energy price retreat
Federal Reserve Bank of New York President John Williams said in a television interview on Tuesday he has grown a little less worried about the state of price pressures in the economy.
UnitedHealth says most home-health diagnoses were supported in 2025
UnitedHealth on Tuesday said an audit by an external consulting firm showed nearly 97% of diagnoses identified within its HouseCalls home-health unit, which has faced scrutiny from lawmakers, were supported by a patient's medical record.
Marine Le Pen verdict live: France's far-right leader awaits appeal ruling with presidential race at stake
Marine Le Pen will learn from a Paris appeals court whether an electoral ban for illicit party financing will prevent her running in next year's presidential election.
Big Tech data centers are driving up power bills at America's Rust Belt factories
For years, electricity costs for the Belden Brick Company in Sugarcreek, Ohio, had been relatively stable. Last year, they surged by 90% — largely because of rising power demand from data centers in the region.
HSBC reviews Turkish banking business for possible sale
HSBC said on Tuesday it had launched a review of its Turkish retail and corporate banking business and was considering all options, as part of its global drive to simplify its business and exit markets where it considers itself too small.
A blue city shakes off politics over US forward Balogun's red card controversy
A city known for angry protests, grunge and wearing head-to-toe black was transformed into a harmonious sea of red, white and blue on Monday.
Vertex to buy Crinetics in $10 billion deal
Vertex Pharmaceuticals will buy Crinetics Pharmaceuticals for a total equity value of about $10 billion, the companies said on Monday.
'Accidental American' Balogun at crossroads of US, soccer politics at World Cup
Folarin Balogun plays the biggest game of his life on Monday caught in a complex intersection of soccer, identity and U.S. politics, with an intervention from President Donald Trump helping propel him to the centre of one of the World Cup’s biggest controversies.
'Accidental American' Balogun at Crossroads of US, Soccer Politics at World Cup
By Amy Tennery and Kristina Cooke NEW YORK, July 6 (Reuters) - Folarin Balogun plays the biggest game of his life on Monday caught in a complex intersection of soccer, identity and U.S. politics, with an intervention from President Donald Trump helping propel him to the centre of one of the World ...
Senegal's Faye Plans to Form His Own Political Party
DAKAR, July 6 (Reuters) - Senegal's President Bassirou Diomaye Faye is planning to set up his own political party, a coalition supporting him said, the latest evidence of a durable split with his recently ousted prime minister. • Faye has instructed senior adviser Aminata Toure to establish ...
Four people killed in an Israeli strike in Nabatieh in southern Lebanon
Four people were killed when an Israeli drone targeted a vehicle in Nabatieh in southern Lebanon, according to Lebanon's state news agency.
UK's ITV to sell media and entertainment unit to Comcast's Sky for $2.1 billion
British broadcaster ITV said on Monday it had agreed to sell its media and entertainment division to Comcast's Sky for £1.6 billion ($2.13 billion).
From shampoo to cookies, consumer products get an AI makeover
French cosmetics company L'Oreal has used AI to identify molecules in its skincare products that can be repurposed for use in shampoo and can now create products four times faster than before, a senior executive told Reuters.
Indian shares likely to open higher on strong business updates from lenders
Indian shares are set to open with a positive tone on Monday as investors react to quarterly business updates from key lenders and companies, while crude oil prices remained below $72 per barrel.
Oil slips after OPEC+ agrees to raise output targets
Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.
UK tightens rules on overseas political donations to stop 'dodgy funding'
Britain tightened its rules on overseas political donations on Monday, as part of efforts to stop foreign money influencing elections, and as concerns swirl around what Housing Minister Steve Reed called "dodgy funding".
UK tightens rules on overseas political donations to stop ‘dodgy funding’
LONDON, July 6 (Reuters) - Britain tightened its rules on overseas political donations on Monday, as part of efforts to stop foreign money influencing elections, and as concerns swirl around what Housing Minister Steve Reed called "dodgy funding". Las...
Davis-Woodhall opens up on mental health struggles after Eugene victory
Olympic and world champion Tara Davis-Woodhall spoke about her mental health struggles, describing her week as "really difficult" going into the Prefontaine Classic on Saturday, where she won the long jump.
Two Struggling Teams That Might Be Back in Business Soon
With the fourth of the July now here, it is a good time to take a look at the standings and examine which teams are truly in the race and which teams are not. I
For one small business, AI was key to a quick start and expansion
Here Now Health isn't an AI-based company, but its quick path from an idea in founder Michelle Turner's mind to an operating mental health platform for foster children relied deeply on the technology now restructuring the U.S. economy.
For one small business, AI was key to a quick start and expansion
Here Now Health isn't an AI-based company, but its quick path from an idea in founder Michelle Turner's mind to an operating mental health platform for foster children relied deeply on the technology now restructuring the U.S. economy. Working from her Virginia Beach home, she used AI tools to school herself in startup culture, create a business plan and fine-tune a presentation for early-stage investors. Funding began to flow, and the company, launched in January 2025, now has 16 employees and is certified in three states to provide Medicaid-funded mental health counseling for children entering the foster system, a gap in care she identified through her own experience as a foster parent.
Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources
Iran has begun talks to sell oil to Japanese companies, though prospective buyers are seeking a longer U.S. sanctions waiver and reassurances on safe shipping conditions in the Gulf, three Iranian and Western sources said.
Goldman dominates first-half M&A as dealmaking surges in EMEA
Goldman Sachs increased its share of mergers and acquisitions advisory work involving Europe, the Middle East and Africa in the first half of 2026, capturing the biggest slice of the market in the period for nearly a decade, LSEG data showed.
India investigating Tata data leak that exposed Apple iPhone secrets
India is investigating a data breach at Tata Electronics that exposed documents linked to Apple's unreleased iPhone 18 Pro, the country's IT secretary said on Thursday in the government's first public comments on the incident.
Russia's services downturn deepens as new business falls at fastest pace since December 2022, PMI shows
Russia's services sector contracted further in June as weaker client demand drove steeper falls in output and new orders, a business survey showed on Friday.
Zuckerberg says AI agent development going slower than expected
Meta Chief Executive Mark Zuckerberg told an internal town hall on Thursday that AI agent development over the last four months has not "accelerated in the way we expected," according to a recording heard by Reuters.
Trial for Bundibugyo Ebola treatment starts in DRC, WHO says
A treatment trial for the Bundibugyo Ebola outbreak in the Democratic Republic of Congo enrolled its first patient on Thursday, marking a milestone in efforts to combat the epidemic, WHO chief Dr. Tedros Adhanom Ghebreyesus told reporters.
Heat wave caused some 480 excess deaths in Netherlands, health authorities say
Last week's unprecedented heat wave led to around 480 excess deaths in the Netherlands, Dutch health authorities said on Thursday.
Heat Wave Caused Some 480 Excess Deaths in Netherlands, Health Authorities Say
AMSTERDAM, July 2 (Reuters) - Last week's unprecedented heat wave led to around 480 excess deaths in the Netherlands, Dutch health authorities said on Thursday. • Excess deaths in the week from June 22 to 28 were mainly among people aged 80 years and older. • Most were reported in the ...
US to give Tanzania $1.3 bln under five-year health pact
The United States has signed a memorandum of understanding with Tanzania to invest more than $1.3 billion in its health sector over the next five years, the latest in a series of deals that have caused controversy in some African countries.
In Mojave Desert, startup JetZero builds novel plane to take on Airbus and Boeing
Inside a cavernous aircraft hangar in the Mojave Desert, JetZero is building a full-size demonstrator of what could be a 200-plus-seat jet, a lucrative market segment expected to be at the center of future plane strategies for Airbus and Boeing .
UK business morale slumps as Iran war pushes up costs, survey shows
British business confidence fell to its lowest since 2022 as the Iran war, which pushed up costs, saps expectations for future sales, a survey of accountants showed on Thursday.
OpenAI proposes handing Trump administration 5% stake, FT reports
OpenAI has discussed giving a 5% stake to the U.S. government, the Financial Times reported on Thursday.
On the front line of Congo’s Ebola outbreak
Al Jazeera's Catherine Wambua-Soi reports from Bunia, on the front line of the Ebola response.
Bayer shifts US glyphosate business to Ruveon after seeking tariffs on Chinese imports
Bayer said on Wednesday it is consolidating its U.S. glyphosate business into its Ruveon unit, a day after it asked Washington to impose duties on Chinese imports of the chemical used in the company's weedkiller Roundup.
Musk denies WSJ report that SpaceX showed AI handset prototype before IPO
Elon Musk on Wednesday denied a Wall Street Journal report that SpaceX showed investors and other stakeholders a prototype of an AI-focused device ahead of its blockbuster IPO.
Africa CDC: Uganda health ministry confirms isolated Marburg case
Africa's top public health agency said on Wednesday that Uganda's health ministry had confirmed an isolated case of Marburg virus disease.
Meta to sell excess AI computing capacity via cloud business, Bloomberg News reports
Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday citing people familiar with the matter.
Meta to sell excess AI computing capacity via cloud business, Bloomberg News reports
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Soccer-Politics aside, Mexico and Ecuador fans keep World Cup rivalry friendly
By Janina Nuno Rios and Natalia Siniawski MEXICO CITY, June 30 (Reuters) - Shrugging off a raucous midnight serenade outside their team hotel as part of football's folklore, travelling Ecuadorean fans
Politics aside, Mexico and Ecuador fans keep World Cup rivalry friendly
Shrugging off a raucous midnight serenade outside their team hotel as part of football's folklore, travelling Ecuadorean fans embraced a festive World Cup atmosphere in Mexico City on Tuesday ahead of their World Cup round of 32 clash with co-hosts Mexico.
Microsoft to cut under 2.5% of workforce in latest layoffs, Business Insider reports
Microsoft is planning to cut under 2.5% of its workforce in the latest round of layoffs that could be announced as early as next week, Business Insider reported on Tuesday, citing people familiar with the matter.
Microsoft to cut under 2.5% of workforce in latest layoffs, Business Insider reports
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