News
Important Only
EU backs potential counter-tariffs on 93 billion euros of US goods, say EU diplomats
BRUSSELS, July 24 (Reuters) - The European Union's member countries approved on Thursday counter-tariffs on 93 billion euros ($109 billion) of U.S. goods, which could be imposed should the bloc fail to reach a trade deal with Washington, EU diplomats said.($1 = 0.8506 euros)Reuters
Thu, Jul 24
OPmobility does not expect tariff-related shutdowns at North America carmakers in Q3 and Q4
July 24 (Reuters) - OPmobility OPM.PA CEO Laurent Favre tells news conference:OPMOBILITY DOES NOT EXPECT TARIFF-RELATED SHUTDOWNS AT CARMAKERS IN NORTH AMERICA IN Q3 AND Q4 -CEOOPMOBILITY IN TALKS WITH STELLANTIS TO MITIGATE THE IMPACT OF THEIR DECISION TO END THEIR FUEL CELL PROGRAM FOR HYDROGEN -C...Reuters
Thu, Jul 24
South Korean finance app Toss plans 2026 US listing with over $10 billion valuation, sources say
Toss could raise $2 billion to $3 billion in the IPO, source saysToss plans to use IPO proceeds to expand globally, source saysWould be biggest US IPO by a Korean firm since Coupang's $4.6 billion IPO in 2021By Kane Wu and Heekyong YangHONG KONG/SEOUL, July 24 (Reuters) - Toss, a popular South K...Reuters
Thu, Jul 24
Roche CEO: need to invest to supply US market, very well on track
BERLIN, July 24 (Reuters) - Roche CEO Thomas Schinecker said the Swiss drugmaker was on track to invest in the United States in order to be able to supply the market there."What we've done is we've ramped up manufacturing from medicines we were already producing in the United States,"...Reuters
Thu, Jul 24
Gecina Launches Tender Offer On Existing Notes And 10-Year Green Bond Issuance
July 24 (Reuters) - Gecina SA GFCP.PA:GECINA LAUNCHES SIMULTANEOUSLY A TENDER OFFER ON EXISTING NOTES MATURING IN 2027 AND 2028 AND A 10-YEAR GREEN BOND ISSUANCE€700 MILLION NOTES MATURING JUNE 2027 WITH 1.375% COUPON€800 MILLION NOTES MATURING JANUARY 2028 WITH 1.375% COUPONTO ISSUE €500 MILLION 10...Reuters
Thu, Jul 24
China says it is 'deeply concerned' over Thailand-Cambodia clash
BEIJING, July 24 (Reuters) - China's foreign ministry on Thursday said it is deeply concerned about ongoing developments along the Thailand-Cambodia border and hopes that both sides will properly address issues through dialogue and consultations.China will play a constructive role in promoting d...Reuters
Thu, Jul 24
Dublin-based Avolon sets out new aircraft order with Airbus
DUBLIN, July 24 (Reuters) - Dublin-based aircraft lessor Avolon set out on Thursday a new order with Paris-listed planemaker Airbus for 75 A321neo and 15 A330neo aircraft.The new aircraft are scheduled to be delivered out to 2033, Avolon said in a statement. The order also includes further purchase ...Reuters
Thu, Jul 24
Toyota - Hope Environment Continues To Improve, Including Further Reduction In Tariffs
July 24 (Reuters) - Toyota Motor Corp 7203.T:AS MEMBER OF AUTOMOTIVE INDUSTRY, HOPE ENVIRONMENT CONTINUES TO IMPROVE FOR JAPAN, U.S. INDUSTRIES INCLUDING FURTHER REDUCTION IN TARIFFS, BASED ON FAIR AND OPEN TRADEReuters
Thu, Jul 24
Hyundai Motor warns of bigger hit from US tariffs after Q2 profit fall
Hyundai operating profit down 16% in Q2Hyundai takes hit of $606 million from tariffs in Q2Warns of higher tariff costs in Q3By Hyunjoo Jin, Heekyong Yang and Joyce Lee SEOUL, July 24 (Reuters) - Hyundai Motor 005380.KS posted a decline in second-quarter operating profit on Thursday as U.S. tarif...Reuters
Thu, Jul 24
Euro zone bond yields rise as trade deal hopes drive risk-on move
LONDON, July 24 (Reuters) - Euro zone bond yields rose in early trade on Thursday as risk sentiment improved on expectations the European Union is close to a trade deal with U.S., and as the market awaited the European Central Bank's policy announcement later in the day. Two EU diplomats said la...Reuters
Thu, Jul 24
AstraZeneca's immune disorder drug succeeds in late-stage trial
July 24 (Reuters) - AstraZeneca AZN.L said on Thursday its experimental therapy gefurulimab met the main goal of a late-stage study looking into improving symptoms of a chronic, autoimmune condition known as generalised myasthenia gravis in adults.Reuters
Thu, Jul 24
Japan will not seek legally binding agreement with US, tariff negotiator says
TOKYO, July 24 (Reuters) - Japan has no plan to formalise the trade deal it has struck with the United States in the form of a legally binding document, but a joint statement could be considered, top tariff negotiator Ryosei Akazawa told reporters on Thursday.Akazawa also said his meetings with Pres...Reuters
Thu, Jul 24
Nokia CEO Says Europe's Dependence On Mobile Networks, Communication Infrastructure Is Attack Vector
July 24 (Reuters) - Nokia Oyj NOKIA.HE CEO Justin Hotard in a Reuters interview:ON US-EU TARIFF TALKS: VERY SUPPORTIVE OF AN AGREEMENT BEING IN PLACE, BUT WE DON'T HAVE A LOT OF TRADE BETWEEN THE TWO GEOGRAPHIESDEFENCE IS INTERESTING AS AN AREA TO PARTNER AROUND TECHNOLOGY ENABLEMENT AND POTENTI...Reuters
Thu, Jul 24
Keysight Technologies On Acquisition of Spirent Says Scheme Expected To Be Effective By 29 Sept
July 24 - Keysight Technologies Inc KEYS.N:KEYSIGHT TECHNOLOGS. SPIRENT COMMS. PLC - FURTHER UPDATE RE: ACQUISITION OF SPIRENTKEYSIGHT TECHNOLOGIES - SCHEME EXPECTED TO BE EFFECTIVE BY 29 SEPTEMBER 2025Reuters
Thu, Jul 24
Angola says oil-backed China loans to drop to $7.5-8 billion by year-end
LUANDA, July 24 (Reuters) - Angola's oil-backed loans owed to China will drop to $7.5-8 billion by year-end, the director of the country's debt management office said, as the government moves to reduce its exposure to resource backed financing."All debt collateralised by oil revenues is ...Reuters
Thu, Jul 24
Roche profit beats forecast on strong sales of cancer, allergy drugs
Phesgo, Xolair beat sales forecastsCEO confident in business momentumRoche discusses direct-to-consumer model with USBy Miranda Murray and Bhanvi SatijaBERLIN, July 24 (Reuters) - Swiss drugmaker Roche ROG.S reported better than expected first-half operating profit on Thursday, driven by strong sale...Reuters
Thu, Jul 24
Wizz Air Q1 EBIT EUR 27.5 Mln, Says Grounded Fleet To Return To Air In Fiscal 2027
July 24 (Reuters) - Wizz Air Holdings PLC WIZZ.L:Q1 F26 RESULTSQ1 REVENUE EUR 1,428.2 MILLIONQ1 EBIT EUR 27.5 MILLIONOUTLOOK CAPACITY: Q2 ASKS HIGH SINGLE DIGITS YOYOUTLOOK Q2 RASK: FLAT YOYOUTLOOK Q2 CASK: FUEL CASK: DOWN HIGH-SINGLE DIGITS. EX-FUEL UNIT TRENDS EXPECTED TO IMPROVE VERSUS Q1OUTLOOK ...Reuters
Thu, Jul 24
