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Musk suggests Tesla investor vote on xAI investment, rules out merger
Shareholders to vote if Tesla can invest in xAI, Musk saysMusk deepens Tesla-xAI ties, but does not support mergerTesla sets annual shareholder meeting for November 6 By Deborah Mary Sophia July 14 (Reuters) - Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a sharehol...
Mon, Jul 14
Fastenal rises on second quarter results beat
Shares of industrial supplies distributor Fastenal FAST.O rise 3% to $44.50 in premarket trading ** Q2 profit 29 cents per share vs analysts' estimate of 28 cents per share, according to data compiled by LSEG** FAST Q2 revenue also beat analysts' expectation, helped by higher demand for i...
Mon, Jul 14
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China's June new yuan loans beat forecast after stimulus and trade truce
June new yuan loans 2.24 trln yuan vs May’s 620 bln yuanTSF growth quickest since February 2024Economist warns tailwind may fade over the rest of yearChina due to release Q2 GDP data on TuesdayBy Kevin Yao and Ellen Zhang BEIJING, July 14 (Reuters) - Chinese banks extended 2.24 trillion yuan ($31...
Mon, Jul 14
Wall St futures wobble on fresh tariff threats ahead of data, earnings deluge
July 14 (Reuters) - U.S. stock index futures slipped on Monday, as President Donald Trump's fresh tariff threats targeting the European Union and Mexico dampened investor sentiment ahead of a week packed with economic data and second-quarter earnings.
Mon, Jul 14
Meta investors, Zuckerberg to square off at $8 billion trial over alleged privacy violations
WILMINGTON, Delaware, July 14 (Reuters) - Mark Zuckerberg is expected to appear as a star witness in an unusual $8 billion trial that kicks off this week at which the Meta CEO is accused of operating Facebook as an illegal enterprise that allowed users' data to be harvested without their consent.
Mon, Jul 14
Japan's Nikkei falls for 3rd day as trade impasse, election weigh on sentiment
TOKYO, July 14 (Reuters) - Japan's Nikkei share gauge slid for a third-straight session on Monday as concerns about an upcoming domestic election and unresolved trade talks with the United States weighed on investor sentiment.
Mon, Jul 14
Japanese shares sluggish as trade impasse, election weigh on sentiment
TOKYO, July 14 (Reuters) - Japanese shares were sluggish on Monday as concerns about an upcoming domestic election and unresolved trade talks with the United States weighed on investor sentiment.
Mon, Jul 14
China's rare earth exports jump in June in sign of trade war relief
BEIJING, July 14 (Reuters) - China's rare earths exports rose 32% in June from the month before, customs data showed on Monday, in a potential sign that agreements reached last month to free up the flow of the metals are bearing fruit.
Mon, Jul 14
Euro slips after Trump threatens 30% tariffs on EU
SINGAPORE, July 14 (Reuters) - The euro fell to a three-week low early on Monday while the Mexican peso also came under pressure after U.S. President Donald Trump threatened to impose a 30% tariff on imports from two of the largest U.S. trading partners beginning August 1.
Mon, Jul 14
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
Brent and WTI rise over 2% after losses in previous sessionBaker Hughes reports 11th consecutive week of U.S. rig count declineTrump promises major statement on Russia on MondaySaudi Arabia complies with OPEC+ output targets, energy ministry confirmsBy Stephanie Kelly NEW YORK, July 11 (Reuters) ...
Fri, Jul 11
Property pricing trajectory and casualty loss trends in focus as Q2 earnings season begins
July 11 - (The Insurer) - While there continues to be plenty of discussion about macroeconomic forces and their potential impact on the P&C sector, the focus of investors as the Q2 earnings season gets underway next week is likely to rest on market conditions, especially the softeni...
Fri, Jul 11
BMW CEO hopeful for 'manageable' deal on US auto import tariffs
MUNICH, July 11 (Reuters) - BMW's BMWG.DE CEO said on Friday he was optimistic that the European Union and the United States would soon reach a "manageable" agreement on auto import tariffs, potentially including a mechanism to offset imports with exports.
Fri, Jul 11
US STOCKS-Wall St set to open lower amid Trump's fresh tariff salvo on Canada
July 11 (Reuters) - Wall Street braced for a lower open on Friday as President Donald Trump cranked up his tariff assault on Canada, deepening uncertainty around Washington's trade agenda.
Fri, Jul 11
Global equity funds draw second weekly inflow on AI rally, tariff delay
July 11 (Reuters) - Global equity funds drew inflows for a second consecutive week in the seven days to July 9, boosted by a rally in AI-linked stocks and expectations that pushing the U.S. tariff rollout to August could positively affect ongoing trade talks.
Fri, Jul 11
Bitcoin's record high lifts crypto stocks on renewed regulatory optimism
July 11 (Reuters) - U.S.-listed cryptocurrency stocks rose in premarket trading on Friday as bitcoin BTC= surged to a record high on growing optimism that regulatory hurdles would soon begin to ease.The upbeat sentiment is a result of court rulings and policy signals suggesting a shift toward...
Fri, Jul 11
Nissan to supply cars to Honda in US, Nikkei says
TOKYO, July 11 (Reuters) - Nissan 7201.T is in talks to supply cars to Honda 7267.T in the United States, which would let the struggling Japanese automaker put to use an under-utilised American plant, the Nikkei newspaper said on Friday, without citing sources.
Fri, Jul 11
European shares dip as Trump widens trade war, EU tariffs in focus
July 11 (Reuters) - European shares fell on Friday after the U.S. President Donald Trump stepped up his tariff threats against Europe, while investors awaited a potential letter for levies on the 27-nation bloc.
Fri, Jul 11
Volkswagen to close joint plant with SAIC in China's Nanjing, reports Handelsblatt
BERLIN, July 11 (Reuters) - Volkswagen VOWG.DE and its Chinese partner SAIC 600104.SS will close their joint plant in the Chinese city of Nanjing, the German daily Handelsblatt reported on Friday.
Fri, Jul 11
Copper's positive, long-term trajectory unchanged despite US tariff, Barrick CEO says
LUSAKA, July 11 (Reuters) - Copper miners remain bullish on the metal's future prospects even as a looming 50% U.S. tariff creates short-term price volatility, Barrick Mining Corp ABX.TO CEO Mark Bristow said in Zambia, where the company is expanding its operations.
Fri, Jul 11
European stocks flounder as tariff worries resurface
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Fri, Jul 11
