News
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UK Supreme Court to rule on motor finance commissions on August 1
LONDON, July 25 (Reuters) - The United Kingdom's Supreme Court will give its long-awaited ruling on motor finance commissions, which will inform a potentially multi-billion pound consumer redress scheme, on August 1, the court announced on Friday.British lender Close Brothers CBRO.L and South Af...Reuters
Fri, Jul 25
US FDA says J&J's Ethicon issues correction related to surgical stapler
July 25 (Reuters) - The U.S. drug regulator said on Friday Ethicon Endo-Surgery, a unit of Johnson & Johnson JNJ.N, issued a correction for certain lots of a part related to its surgical stapler and classified the action as "most serious".The issue is related to the device 'Endopath ...Reuters
Fri, Jul 25
Violence in Mexican state of Sinaloa continues one year after 'El Mayo' Zambada's arrest in US
Violence in Sinaloa spikes after arrests caused break in Sinaloa cartelMexican President Sheinbaum struggles to control violence with military deployment1,500 disappearances reported in Sinaloa since September 2024By Jesus Bustamante Lizbeth DiazCuliacan, Mexico July 25 (Reuters) - The street vendor...Reuters
Fri, Jul 25
Moderna Says EU Regulator Recommends Authorization Of Updated COVID Vaccine
July 25 (Reuters) - Moderna Inc MRNA.O:MODERNA: EMA'S CHMP ADOPTS POSITIVE OPINION RECOMMENDING AUTHORIZATION OF MODERNA'S COVID-19 MRNA VACCINE TARGETING THE SARS-COV-2 VARIANT LP.8.1MODERNA: UPDATED COVID-19 MRNA VACCINE WILL BE AVAILABLE FOR 2025-2026 VACCINATION SEASON, PENDING EUROPEAN ...Reuters
Fri, Jul 25
EU regulator backs Moderna's updated COVID vaccine
July 25 (Reuters) - The European Union's drug regulator has recommended approval of Moderna's MRNA.O updated formulation of COVID-19 shot Spikevax, the vaccine maker said on Friday.The updated shot targets the LP.8.1 variant, part of the JN.1 lineage, to prevent COVID-19 in individuals six m...Reuters
Fri, Jul 25
Volkswagen CEO hopes for own tariff deal with 'attractive' investments
EU seen close to closing tariff deal with USVW's second quarter sales were heavily affected by tariffsVW has been in own discussions with the USCompany is offering to invest in US, wants tariffs reduced in returnUnclear if such a bespoke deal for single company is workableBy Rachel More BERLI...Reuters
Fri, Jul 25
Trump dismisses Macron's plan to recognize Palestinian state
WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump on Friday dismissed French President Emmanuel Macron's plan to recognize a Palestinian state at the United Nations General Assembly in September."What he says doesn't matter," Trump told reporters at the White House. "He...Reuters
Fri, Jul 25
EXCLUSIVE-USAID analysis found no evidence of massive Hamas theft of Gaza aid
State Department disputes findings, cites video evidence of Hamas lootingIsrael claims Hamas diverts aid, based on its intelligence reportsGHF accuses Hamas of theft, U.N. rejects GHF's militarized modelBy Jonathan Landay WASHINGTON, July 25 (Reuters) - An internal U.S. government analysis fo...Reuters
Fri, Jul 25
Trump suggests Fed may be ready to lower interest rates
By Steve Holland and Nandita Bose WASHINGTON, July 25 (Reuters) - President Donald Trump said on Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the impression that the head of the U.S. central bank might be ready to lower interest rates.The two men met on Thursday w...Reuters
Fri, Jul 25
Trump says US may not have a negotiated trade deal with Canada
Trump suggests unilateral tariffs on Canadian goodsCanada unlikely to reach trade deal by August 1LeBlanc says progress made but more work needed WASHINGTON, July 25 (Reuters) - The United States may not reach a negotiated trade deal with Canada, U.S. President Donald Trump said on Friday, sugges...Reuters
Fri, Jul 25
DIARY-Political and General News Events from July 25
July 25 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY --------...Reuters
Fri, Jul 25
Fomento Economico Mexicano SAB de CV expected to post earnings of $1.26 a share - Earnings Preview
Fomento Economico Mexicano SAB de CV FMX.N, FMX is expected to show a fall in quarterly revenue when it reports results on July 28 for the period ending June 30 2025The Monterrey Nuevo Leon-based company is expected to report a 2.7% decrease in revenue to $11.218 billion from $11.53 billion a yea...Reuters
Fri, Jul 25
Thales Alenia Space and Italian Space Agency to develop first human outpost on the moon
July 25 (Reuters) - Aerospace group Thales Alenia Space (TAS) and Italian Space Agency ASI said on Friday they have signed a contract to develop the first human lunar outpost, an important step in the NASA-led Artemis moon exploration programme. The Artemis project views the lunar surface as a te...Reuters
Fri, Jul 25
Trump says there is a 50-50 chance of trade deal with EU
By Steve Holland WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump on Friday said there was a 50-50 chance or perhaps less that the United States would reach a trade agreement with the European Union, saying Brussels wanted to "make a deal very badly"."We're working very...Reuters
Fri, Jul 25
AXA wins $908 million UK court ruling against Santander over protection insurance
LONDON, July 25 (Reuters) - French insurer AXA AXAF.PA won a London court ruling on Friday worth nearly 675 million pounds ($908 million) against Santander SAN.MC over the mis-selling of payment protection insurance more than two decades ago.The dispute between AXA and Santander centred on PPI poli...Reuters
Fri, Jul 25
Genworth Issues Statement on Ruling for AXA in UK Payment Protection Insurance Case
July 25 (Reuters) - Genworth Financial Inc GNW.N:GENWORTH FINANCIAL - JUDGE AWARDED AXA DAMAGES, INTEREST & COSTS OF ABOUT £680 MILLION IN UK PAYMENT PROTECTION INSURANCE CASEGENWORTH FINANCIAL: JUDGMENT FINDS SANTANDER LIABLE FOR AXA'S LOSSES DUE TO SANTANDER'S MIS-SELLING IN UK PAYMENT...Reuters
Fri, Jul 25
India, New Zealand wrap up second round of FTA talks, next round in September
NEW DELHI, July 25 (Reuters) - India and New Zealand concluded the second round of free trade agreement talks in New Delhi on Friday, making progress in areas including goods, services, investment, and trade facilitation, India's commerce ministry said.The talks, held from July 14 to 25, follow ...Reuters
Fri, Jul 25
