Press Digest: Wall Street Journal - November 6

Metsera

06/11/2025 06:12

Nov 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- The Federal Aviation Administration is ordering a 10% reduction in airline traffic at 40 major airports because of the U.S. government shutdown.

- UK-listed Intermediate Capital Group is in advanced talks to sell Singapore's PSB Academy to Sun Venture for nearly $382.5 million.

- Cathay Pacific 0293.HK will buy back Qatar Airways' 9.57% stake for 6.97 billion Hong Kong dollars ($896.5 million).

- Pfizer PFE.N is preparing to sweeten its offer again for Metsera MTSR.O, the weight-loss drug startup at the center of a bidding war that also involves Novo Nordisk NOVOb.CO.

    - Snap's SNAP.N shares rose 25% after announcing a deal to integrate Perplexity's AI into Snapchat's Chat interface by early 2026.

    - CoreWeave CRWV.O CEO Michael Intrator dismissed concerns about an AI infrastructure bubble, citing potential for economic acceleration.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))