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June 8 (Reuters) – Consumer giant Nestle SA’s long-time private equity partner PAI Partners has dropped out of bidding for its water business, which includes brands like Perrier, Bloomberg News reported on Monday. Reuters could not immediately verify the report. According to the report, citing people with knowledge of the matter, Clayton Dubilier & Rice and billionaire Tom Gores’s Platinum Equity were still in the race for a 50% stake […]

June 8 (Reuters) – Proxy adviser ISS on Monday urged Warner Bros Discovery shareholders to vote against executive pay and exit packages for CEO David Zaslav and other top executives tied to the company’s merger with Paramount Skydance. Warner Bros shareholders in April backed the proposed $110 billion merger, but cast an advisory vote against executive compensation plans tied to the deal. Here are some details: • ISS said Zaslav’s […]

By Michael Martina and David Shepardson WASHINGTON, June 8 (Reuters) – The U.S. on Monday issued an updated list of major Chinese companies that it believes are aiding Beijing’s military, including e-commerce group Alibaba, Internet search provider Baidu and automaker BYD.  The long-awaited update supersedes a list from early 2025, and comes less than a month after President Donald Trump met China’s Xi Jinping on a visit to Beijing, where […]

Israel Announces It Is Stopping Strikes on Iran After President Trump Calls Netanyahu, Tehran Signals Pause   By The Media Line Staff   Israel announced Monday that it was halting military operations against Iran following a security cabinet meeting, with an Israeli official saying the decision came in response to a request from President Trump: “At Trump’s request, we’re stopping the strikes on Iran.”   However, military action would continue if Hezbollah targets northern communities […]

Chile Moves Closer to Israel with New Ambassador Amid Pro-Palestinian Pushback  The appointment of Gabriel Zaliasnik ends 947 days without a Chilean ambassador in Israel and turns a long vacancy into one of President José Antonio Kast’s first major foreign policy tests   By Gabriel Colodro/The Media Line   For nearly three years, Chile had no ambassador in Israel. The vacancy began as a protest by former President Gabriel Boric’s government less […]

Israel, Iran Trade Fire as Trump-Netanyahu Rift Widens  US-led ceasefire diplomacy faces new pressure as missile attacks, Israeli retaliatory strikes, and proxy threats push the region closer to a broader conflict  By Steven Ganot / The Media Line  Israel and Iran traded direct attacks Monday for the first time since an April ceasefire, widening a regional conflict that now stretches from Lebanon and Yemen to the Strait of Hormuz and exposing […]

IDF Spokesperson Says US Helped Intercept Iranian Missiles, Iran Violated Ceasefire to ‘Buy Time’   By The Media Line Staff   The Israel Defense Forces said Monday that it coordinated defensive operations with the US military during recent missile attacks from Iran, as Israeli forces continued strikes against Iranian military infrastructure and prepared for the possibility of additional days of fighting.   During a briefing, Israel Defense Forces (IDF) Spokesperson Brigadier General Effii Defrin addressed the latest developments […]

The ‘Mothership of Satan is Tehran’: Ambassador Huckabee Posts From Jerusalem Bomb Shelter   By The Media Line Staff   US Ambassador to Israel Mike Huckabee posted messages from a shelter on Monday as Iranian missiles entered Israeli airspace, voicing support for Israel and criticizing Iran while missile alerts sounded across the country.   In a post on X, Huckabee wrote: “Iran fired missiles at Israel last night & early today. The missile alerts sounded […]

Israel Confirms Iranian Petrochemical Plant Strike, Says All Missiles Targeting Its Air Bases Were Intercepted   By The Media Line Staff   Israel confirmed Monday that its Air Force struck the Karoun petrochemical plant in Mahshahr, Iran, while rejecting Tehran’s claim that Iranian missiles had successfully hit the Nevatim and Tel Nof air bases, saying all missiles launched toward Israel were intercepted.   In a statement, Iran’s Revolutionary Guards said, “The operation was carried out in response […]