Press Digest: Wall Street Journal - June 8
PRESS DIGEST -Wall Street Journal - June 8 June 8 (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.
- Israel and Iran exchanged missile strikes on Monday after a ceasefire brokered by the U.S. in early April, marking their first direct attacks since the truce took effect.
- Nvidia NVDA.O is teaming up with South Korea's SK Telecom 017670.KS and Naver 035420.KS to build gigawatt-scale artificial-intelligence cloud infrastructure in Asia.
- Intesa Sanpaolo ISP.MI said it has launched a €30.66 billion ($35.33 billion) unsolicited cash-and-share takeover bid for Monte dei Paschi di Siena BMPS.MI.
- Roche ROPC.S said it has entered an exclusive licensing and collaboration agreement with Nurix Therapeutics NRIX.O to develop blood cancer drug bexobrutideg in a deal worth up to $2.3 billion.
- OPEC and its allies agreed to raise oil output by about 188,000 barrels per day in July amid Middle East tensions that have disrupted a key oil shipping route.
- Ingredion INGR.N said it has agreed to acquire U.K.-based Tate & Lyle TATE.L for £2.7 billion ($3.6 billion) in cash, offering 595 pence per share under the terms of the deal.
($1 = 0.8679 euros)
($1 = 0.7508 pounds)
(Compiled by Bengaluru newsroom)
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