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North Korea says Trump must accept new nuclear reality Jul 28, 2025 06:17PM

SEOUL (Reuters) -North Korea said on Tuesday the United States' desire for dialogue with it will only remain a "hope" as long as Washington cannot accept the fact that reality has changed since the two countries' summit meetings in the past, state media KCNA reported.

(Reporting by Jack Kim; Editing by Chris Reese)


Air Canada's quarterly profit falls on weak US travel demand Jul 28, 2025 06:13PM

(Reuters) -Air Canada reported a drop in second-quarter profit on Monday, weighed down by weak passenger traffic to its key U.S. market amid strained trade relations between the two countries.

Canadians are increasingly boycotting U.S.-made goods and canceling trips to the United States following President Donald Trump's tariffs on Canada and his controversial remarks suggesting the country should be annexed.

The travel slowdown became... (continue reading...)


Bristol Myers, Bain Capital form new company to develop immunology drugs Jul 28, 2025 05:59PM

(Reuters) -Drugmaker Bristol Myers Squibb and private equity firm Bain Capital will launch an independent company focused on developing immunology drugs, backed by Bain's $300 million financing round, the companies said on Monday.

The new company will work on five experimental drugs licensed from Bristol Myers, including a late-stage lupus treatment and a mid-stage psoriasis drug that has shown promise in trials.

Bristol Myers will retain... (continue reading...)


America Movil restructures Chile business after Liberty Latin America buy-out Jul 28, 2025 05:51PM

MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil will overhaul its operations in Chile, it said on Monday, after it took full control of the unit in a share purchase from Liberty Latin America.

America Movil and Liberty Latin America announced in 2021 they were launching the Chilean joint venture, combining America Movil's Claro Chile and Liberty's VTR to form ClaroVTR. America Movil took a 91% stake in the firm last year.

... (continue reading...)
Harley-Davidson in talks to sell stake in financing unit, Bloomberg News reports Jul 28, 2025 05:50PM

(Reuters) -Harley-Davidson is in talks with Pacific Investment Management Co and KKR & Co. to sell a stake in its financing unit and existing motorcycle loan portfolio in a deal worth $5 billion, Bloomberg News reported on Monday.

Shares of the company were up 1.9% in extended trade.

Conversations are ongoing, and a deal may be announced within weeks, while details and size of it may change, the report said, citing people familiar with the... (continue reading...)


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