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Analysis-With no big deal safe, investment bankers move to safeguard fees
NEW YORK (Reuters) - Investment bankers are changing how they ask to be paid in a bid to preserve and boost fee revenue they generate from advising companies on mergers and acquisitions, as more big deals face challenges by regulators.
France to give 24-hour protection to Israeli Olympics team amid Gaza tensions
PARIS (Reuters) -Israeli athletes will receive 24-hour protection during the Paris Olympics, France's interior minister said, after a far-left lawmaker said Israel's delegation was not welcome and called for protests against their participation.
Kamala Harris raises nearly $50 million after Biden endorsement
(Reuters) - U.S. Vice President Kamala Harris has raised $49.6 million for her presidential campaign in less than a day after President Joe Biden dropped out of the race and endorsed her as the Democratic nominee, a campaign spokesperson for Biden said on Monday.
India court suspends order to restaurants to display owners' names after anti-Muslim bias concerns
NEW DELHI (Reuters) - India's top court ruled on Monday that restaurants cannot be forced to display the names of their owners, suspending police orders in two northern states that critics had said could foment discrimination against Muslims.
Spain's PM summoned as witness in wife's alleged corruption case
MADRID (Reuters) -A Spanish court on Monday summoned Prime Minister Pedro Sanchez to testify as a witness in an investigation into alleged corruption and influence peddling accusations against his wife that led him to consider resigning in April.
Korean Air set to order about 20 Boeing 777X jets, sources say
FARNBOROUGH, England (Reuters) - Boeing is set to announce on Monday an order for roughly 20 777X jets from Korean Air, in a boost to the U.S. planemaker’s long-delayed plane programme, two sources familiar with the matter said.
US opens probe into 150,000 Stellantis vehicles over loss of motive power
(Reuters) -The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday that it has opened a preliminary evaluation into about 150,000 Stellantis vehicles over reports of loss of motive power that is causing the engine to shut down, with intermittent ability to restart.
Republican senator urges defense firm CEOs to safeguard Spirit work
FARNBOROUGH, England (Reuters) - U.S. Senator Jerry Moran is urging the CEOs of major defense companies to ensure that work performed by Spirit AeroSystems will not be disrupted by Boeing's planned acquisition of the Kansas-based supplier.
Short of female free divers, Japanese sea festival turns to volunteers
MINAMIBOSO, Japan (Reuters) - Bearing torches that lit up the night as they swam out into the ocean, Japan's storied "ama" prayed for an abundant catch in a ceremony held by these female free divers for decades.
Ladbrokes owner Entain names former Scientific Games chief Gavin Isaacs as CEO
(Reuters) -Ladbrokes owner Entain on Monday named Gavin Isaacs, former CEO of betting group Scientific Games, as its new boss, aiming to bring stability to the British gambling company at a time when regulatory challenges are hurting its profit.
Japan ruling party executive urges BOJ to clarify rate-hike resolve, Nikkei says
TOKYO (Reuters) - The Bank of Japan should more clearly indicate its resolve to normalise monetary policy, including through steady interest rate hikes, senior ruling party official Toshimitsu Motegi was quoted as saying by the Nikkei newspaper on Monday.
India sends 100 antitrust queries for Reliance, Disney $8.5 billion merger, sources say
NEW DELHI (Reuters) - India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets merger, including details on sports rights as it heightens its scrutiny of the deal, two sources told Reuters.
Philippines "cannot yield" its South China Sea position, president says
MANILA (Reuters) - Philippine President Ferdinand Marcos Jr said on Monday his country "cannot yield" and "cannot waver" on its position in the South China Sea, but it will find ways to de-escalate tensions in the contested waters.
Russia's Tuapse oil refinery damaged in Ukraine drone attack, Russian officials say
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Biden administration announces $4.3 billion in climate grants
WASHINGTON (Reuters) - The Biden administration on Monday announced 25 projects pitched by 30 different state, local and tribal governments that applied for $4.3 billion in grants created by the president's signature climate law.
ECB's Kazimir opens door to two more rate cuts
FRANKFURT (Reuters) - European Central Bank policymaker Peter Kazimir opened the door on Monday to two more interest rate cuts by the end of the year if data justified them. "The doors remain open to additional easing should the environment warrant and justify such action," the Slovak governor said in a blog post.
Sri Lanka central bank seen holding rates to foster stability: Reuters poll
COLOMBO (Reuters) - Sri Lanka's central bank is expected to hold interest rates for a second straight meeting on Wednesday as it attempts to maintain monetary stability in the shadow of a dragging financial crisis and counter simmering political tensions.
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