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Reddit begins testing verified profiles to boost transparency
Reuters· 2025-12-10 19:10
Core Insights - Reddit has initiated testing for verified profiles to enhance transparency on its platform [1] Group 1 - The new feature aims to increase user trust and credibility within the community [1]
BlackRock to sell 7% stake in Naturgy in accelerated sale
Reuters· 2025-12-10 18:50
Core Viewpoint - BlackRock intends to sell approximately 69 million shares in Spanish gas utility Naturgy, representing 7.1% of the company, through an accelerated bookbuild placement managed by JP Morgan [1] Company Summary - The share sale by BlackRock will involve around 69 million shares of Naturgy [1] - This transaction accounts for 7.1% of Naturgy's total shares outstanding [1] Industry Summary - The sale is being facilitated by JP Morgan, indicating active involvement of major financial institutions in the energy sector [1]
JPMorgan supercharges its bet on national security by hiring Combs from Berkshire
Reuters· 2025-12-10 18:47
Core Insights - JPMorgan Chase has made a significant external hire by bringing in Todd Combs from Berkshire Hathaway, which is expected to enhance its efforts in the national security sector [1] - The company is focusing on a substantial investment of $1.5 trillion aimed at expanding its presence in national security [1] Company Strategy - The recruitment of Todd Combs is seen as a strategic move to accelerate JPMorgan Chase's initiatives in national security [1] - This investment aligns with the growing demand for financial services in the national security space, indicating a proactive approach by the company [1]
Ford suppliers receive China's new streamlined rare-earth licences
Reuters· 2025-12-10 18:26
Core Viewpoint - Chinese rare-earth magnet suppliers to U.S. automaker Ford Motor have been included in the first batch of new export licenses issued by Beijing to enhance shipments and alleviate shortages of these essential components [1] Group 1 - The issuance of new export licenses aims to boost shipments of rare-earth magnets [1] - The decision is part of efforts to reduce shortages of vital components for the automotive industry [1]
YouTube TV to roll out genre-based plans, deepens sports streaming bet
Reuters· 2025-12-10 18:13
YouTube said on Wednesday it will roll out new genre-based subscription plans for YouTube TV in the U.S. early next year, underscoring the platform's growing clout in the American pay-TV market and it... ...
Tobacco industry links with EU officials underreported, campaigners say
Reuters· 2025-12-10 18:06
European Union officials have held multiple, undisclosed meetings with the tobacco industry, which uses political connections to try to influence policy in the bloc and beyond, a report by campaign gr... ...
Temu's Irish facility raided by EU regulators on concerns of Chinese subsidies
Reuters· 2025-12-10 17:39
Temu's Irish facility was raided by EU regulators last week on concerns about potential Chinese state subsidies granted to the Chinese online retailer, a person familiar with the matter said on Wednes... ...
Energy Transfer says Lake Charles LNG investment nod expected in early 2026
Reuters· 2025-12-10 17:25
Core Viewpoint - Energy Transfer has secured sufficient agreements to proceed with a final investment decision on its Lake Charles LNG project, expected early next year [1] Company Summary - Energy Transfer is a U.S. pipeline operator focused on liquefied natural gas (LNG) projects [1] - The company is advancing its Lake Charles LNG project, indicating strong market demand and strategic positioning in the LNG sector [1] Industry Summary - The LNG market is experiencing growth, with companies like Energy Transfer capitalizing on increasing demand for natural gas exports [1] - The successful agreements for LNG sales reflect a positive trend in the industry, suggesting robust future investments in LNG infrastructure [1]
Health Rounds: Regeneron drug wipes out residual multiple myeloma cells in small trial
Reuters· 2025-12-10 17:20
A recently approved antibody drug from Regeneron Pharmaceuticals eradicates residual traces of multiple myeloma after initial treatments, potentially allowing patients to avoid grueling bone marrow tr... ...
Exclusive: Google faces fines over Google Play if it doesn't make more concessions, sources say
Reuters· 2025-12-10 16:56
Alphabet's Google is set to be hit with a potentially large EU fine early next year if it does not do more to ensure that its app store complies with EU rules aimed at ensuring fair access and competi... ...