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BillionToOne targets over $2 billion valuation in US IPO
Reuters· 2025-10-17 22:09
Group 1 - The core focus of the article is that molecular diagnostics firm BillionToOne is targeting a valuation of up to $2.42 billion in its upcoming U.S. initial public offering [1] Group 2 - BillionToOne is a company operating in the molecular diagnostics industry, which is a sector that focuses on the development and commercialization of diagnostic tests based on molecular biology techniques [1]
Aeroméxico seeks up to $2.9 billion valuation in US IPO
Reuters· 2025-10-17 21:45
Grupo Aeroméxico is targeting a valuation of up to $2.92 billion in its initial public offering in the U.S., the Mexican airline said on Friday. ...
Boeing can hike 737 MAX production to 42 planes per month, FAA says
Reuters· 2025-10-17 21:04
Core Viewpoint - Boeing is set to increase its 737 MAX production to 42 planes per month following the Federal Aviation Administration's decision to lift the previous cap of 38 planes per month that had been in place since January 2024 [1] Group 1 - The Federal Aviation Administration has approved an increase in Boeing's production capacity for the 737 MAX [1] - The new production rate of 42 planes per month marks a significant increase from the previous limit [1]
US FDA expands use of Amgen, AstraZeneca's drug for sinus infection
Reuters· 2025-10-17 20:08
Core Insights - The U.S. Food and Drug Administration has approved a new drug developed by Amgen and AstraZeneca for treating a type of chronic sinus infection [1] Company Summary - Amgen and AstraZeneca are the drugmakers behind the newly approved treatment for chronic sinus infections [1]
Nvidia and TSMC unveil first Blackwell chip wafer made in US, Axios reports
Reuters· 2025-10-17 20:05
Core Insights - Nvidia and TSMC are set to announce their first completed U.S.-made wafer, which will be utilized for Blackwell chips aimed at AI applications [1] Company Developments - The collaboration between Nvidia and TSMC highlights a significant step in semiconductor manufacturing within the U.S. [1] - The Blackwell chips are expected to enhance AI capabilities, indicating a strategic focus on AI technology by both companies [1]
Exclusive: Venture Global held talks with Ukraine to provide it with more LNG, sources say
Reuters· 2025-10-17 19:49
Core Viewpoint - Venture Global is in discussions with Ukraine to supply additional liquefied natural gas (LNG) from its Plaquemines LNG plant in Louisiana as winter approaches and amid ongoing Russian attacks on Ukrainian infrastructure [1] Group 1 - Venture Global is considering selling more LNG to Ukraine [1] - The discussions are taking place in the context of increasing energy needs due to winter [1] - The situation is exacerbated by Russian attacks on Ukraine's infrastructure [1]
Exclusive: KKR-backed FiberCop files complaint with EU over alleged Italy's aid to rival, sources say
Reuters· 2025-10-17 19:34
KKR-backed telecom network firm FiberCop has filed a complaint with the European Commission, alleging that Italy provided state aid to rival Open Fiber in breach of EU competition rules, three sources... ...
Boeing's striking union to resume contract talks on Monday
Reuters· 2025-10-17 19:04
Core Points - A union representing over 3,200 striking Boeing workers has agreed to resume contract discussions with the company next week [1] Group 1 - The union's decision to resume negotiations indicates a potential shift towards resolving the ongoing strike [1] - The number of workers involved in the strike highlights the scale of the labor dispute affecting Boeing [1] - The resumption of talks may impact Boeing's production and operational timelines moving forward [1]
Trump says India will soon stop buying Russian oil
Reuters· 2025-10-17 18:15
Core Viewpoint - The U.S. President Donald Trump has emphasized that India will cease purchasing crude oil from Russia as part of a strategy to pressure Moscow to end its military actions in Ukraine [1] Group 1 - The decision by India to stop buying crude oil from Russia is linked to geopolitical pressures stemming from the ongoing conflict in Ukraine [1] - This move is part of a broader campaign by the U.S. to isolate Russia economically and politically [1]
Proxy advisory firm ISS recommends voting against Tesla CEO $1 trillion pay plan
Reuters· 2025-10-17 18:05
Core Viewpoint - Institutional Shareholder Services (ISS) has recommended Tesla shareholders to oppose CEO Elon Musk's proposed $1 trillion performance award due to concerns regarding excessive compensation and governance risks [1] Summary by Relevant Categories Compensation Concerns - ISS highlighted the potential for excessive compensation associated with the proposed $1 trillion performance award for Elon Musk [1] Governance Risks - The advisory firm raised alarms about governance risks linked to the performance award proposal, suggesting it may not align with shareholder interests [1]