News
Important Only
Fed says its "grateful" for Trump's encouragement to complete renovation
July 25 (Reuters) - The Federal Reserve said on Friday that it was "grateful" for President Donald Trump's encouragement to complete its renovation project and that it "looked forward" to seeing the project through to completion. "We remain committed to continuing to be caref...Reuters
Fri, Jul 25
PRESS DIGEST-Canada - July 25
July 25 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILGO Residential Real Estate Investment Trust GOu.TO pulled off its $410-million initial public offering on the Toront...Reuters
Fri, Jul 25
Thales Alenia Space, Italian Space Agency to develop first human outpost on the moon
July 25 (Reuters) - Thales Alenia Space and the Italian Space Agency have signed a contract to develop the first human outpost on the moon as part of the Artemis program, the joint venture between France's Thales TCFP.PA and Italy's Leonardo LDOF.MI said on Friday.The U.S.-led Artemis progra...Reuters
Fri, Jul 25
US provides $4 billion loan guarantee to Poland for military financing
July 25 (Reuters) - The United States has provided Poland with a $4 billion foreign military financing loan guarantee, State Department spokeswoman Tammy Bruce said on Friday.The loan will allow NATO-ally Poland to invest in American-made defense systems, she said in a statement.Reuters
Fri, Jul 25
Volkswagen CEO hopes for own tariff deal with 'attractive' investments
By Rachel More BERLIN, July 25 (Reuters) - Europe's largest car manufacturer Volkswagen VOWG.DE is hoping investment commitments can help it negotiate further concessions on U.S. tariffs once Washington and the European Union strike a broad trade deal, CEO Oliver Blume told investors on Frida...Reuters
Fri, Jul 25
Ponce Financial's Q2 profit beats estimates
OverviewPonce Financial Q2 net income rises slightly compared to prior quarterNet interest income for Q2 grows 36% yr/yr, boosting net interest marginEPS for Q2 beats analyst expectations, per LSEG dataOutlookCompany aims for 60% deep impact lending over 16 quartersPonce Financial sees progress in U...Reuters
Fri, Jul 25
Syria, US and France agree to engage in efforts to support Syria's transition
DUBAI, July 25 (Reuters) - Syria, the United States, and France said in a joint statement on Friday that they had agreed to engage quickly on efforts to ensure success of Syria's transition, unity and territorial integrity.The three parties agreed on the need to ensure that Syria's neighbour...Reuters
Fri, Jul 25
Fed Renovation Costs Stir Debate Between Trump and Powell, No Dismissal
TradingKey - On July 24, President Donald Trump made a visit to the Federal Reserve headquarters to inspect its renovation project, a move seen as an escalation of pressure on Fed Chair Jerome Powell. However, during the visit, Trump stated he wouldn't dismiss Powell over the renovation's budget oveTradingKey
Fri, Jul 25
First Hawaiian Q2 net income jumps 24% quarter-on-quarter
OverviewFirst Hawaiian Q2 net income rises 23.6% from Q1, driven by strong revenueCompany's net interest margin increased to 3.11%, reflecting improved profitabilityTotal loans and leases rose $58.8 mln, deposits increased $15.6 mln from Q1Result DriversSTRONG REVENUES - Driven by increased net ...Reuters
Fri, Jul 25
HR firm TriNet's Q2 revenue edges past estimates
OverviewTriNet Q2 2025 revenue flat yr/yr but beats analyst expectations, per LSEG dataAdjusted EPS for Q2 2025 beats consensusCo reaffirms full-year 2025 guidanceOutlookTriNet reaffirms 2025 revenue guidance of $4.95 bln to $5.14 blnCompany expects 2025 professional service revenues of $700 mln to ...Reuters
Fri, Jul 25
Auto parts maker Gentex beats Q2 sales estimates
OverviewGentex Q2 2025 sales rise 15%, beating analyst expectations, per LSEG dataAdjusted EPS for Q2 beats estimates, reflecting strong operational performanceCo repurchased 5.7 mln shares, demonstrating commitment to shareholder returnsOutlookGentex revises 2025 revenue guidance to $2.44-$2.61 bln...Reuters
Fri, Jul 25
Israel will let foreign countries drop aid into Gaza, Israel army radio says
DUBAI, July 25 (Reuters) - Israel will allow foreign countries to parachute aid into Gaza starting on Friday, Israeli army radio quoted a military official as saying.An Israeli military spokesperson did not immediately reply to a Reuters request for comment on the report.The Gaza health ministry say...Reuters
Fri, Jul 25
Senegal's international bonds extend rally after IMF announces August mission
NAIROBI, July 25 (Reuters) - Senegal's international bonds extended their rally on Friday, the day after the International Monetary Fund said it would send a mission to Dakar next month to discuss the West African nation's debt misreporting case and a potential new programme.The 2033 dollar ...Reuters
Fri, Jul 25
California Bancorp expected to post earnings of 41 cents a share - Earnings Preview
California Bancorp BCAL.OQ BCAL.O is expected to show a rise in quarterly revenue when it reports results on July 29 (estimated) for the period ending June 30 2025The San Diego California-based company is expected to report a 102.0% increase in revenue to $44.786 million from $22.18 million a yea...Reuters
Fri, Jul 25
Vsee Health Inc expected to post a loss of 9 cents a share - Earnings Preview
Vsee Health Inc VSEE.OQ VSEE.O is expected to report resultson July 28 (estimated) for the period ending December 31 2024The Boca Raton Florida-based company is expected to report revenue of $3.522 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst est...Reuters
Fri, Jul 25
BREAKINGVIEWS-JD’s German retail bid has oddly compelling logic
By Yawen Chen LONDON, July 25 (Reuters Breakingviews) - JD.com’s 9618.HK possible push into Europe’s low-margin, slow-growth electronics-retail market looks unusual at first glance. The $53 billion Chinese e-commerce giant is in advanced talks to buy Düsseldorf-based Ceconomy CECG.DE – the owner ...Reuters
Fri, Jul 25
George Weston Ltd expected to post earnings of C$3.40 a share - Earnings Preview
George Weston Ltd WN.TO is expected to show a rise in quarterly revenue when it reports results on July 29 for the period ending June 30 2025The Toronto Ontario-based company is expected to report a 4.9% increase in revenue to C$14.783 billion from C$14.09 billion a year ago, according to the me...Reuters
Fri, Jul 25
Stellantis Appoints Gilles Vidal European Brands Head Of Design As Of October 1
July 25 (Reuters) - Stellantis NV STLAM.MI:GILLES VIDAL APPOINTED HEAD OF DESIGN FOR STELLANTIS’ EUROPEAN BRANDSAPPOINTMENT EFFECTIVE FROM 1ST OCTOBERGILLES VIDAL TO REPLACE JEAN-PIERRE PLOUÉ WHO WILL LEAVE THE COMPANYReuters
Fri, Jul 25
American Tower Corp expected to post earnings of $1.66 a share - Earnings Preview
American Tower Corp AMT.N, AMT is expected to show a fall in quarterly revenue when it reports results on July 29 for the period ending June 30 2025The Boston Massachusetts-based company is expected to report a 10.5% decrease in revenue to $2.596 billion from $2.9 billion a year ago, according to...Reuters
Fri, Jul 25
