News
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Northrop Grumman CEO Says Reached Agreement With The Air Force On New Sentinel Icbm Program Baseline - Conf. Call
July 22 (Reuters) - Northrop Grumman Corp NOC.N:NORTHROP GRUMMAN CEO: REACHED AGREEMENT WITH THE AIR FORCE ON NEW SENTINEL ICBM PROGRAM BASELINE - CONF. CALLSource text: [ID:]Reuters
Tue, Jul 22
US appeals court temporarily blocks order reinstating FTC commissioner
Justice Department says Democratic commissioner's reinstatement violated Trump's executive powersRebecca Slaughter challenged administration's removal effortsSlaughter vows to continue fighting 'illegal firing'By Mike Scarcella and David Shepardson WASHINGTON, July 22 (Reuters...Reuters
Tue, Jul 22
Equinox Gold Says Greg Smith Has Stepped Down As CEO & Director
July 22 (Reuters) - Equinox Gold Corp EQX.TO:EQUINOX GOLD CORP - GREG SMITH HAS STEPPED DOWN AS CHIEF EXECUTIVE OFFICER AND DIRECTOREQUINOX GOLD CORP: DARREN HALL APPOINTED AS CHIEF EXECUTIVE OFFICERSource text: [ID:n0001062993-25-013024]Reuters
Tue, Jul 22
Rithm Capital Secures Strategic Financing Partnership To Fund Acquisition Of Residential Transitional Loans
July 22 (Reuters) - Rithm Capital Corp RITM.N:RITHM CAPITAL SECURES STRATEGIC FINANCING PARTNERSHIP TO FUND ACQUISITION OF RESIDENTIAL TRANSITIONAL LOANSRITHM CAPITAL CORP - PARTNERSHIP TO FUND $500 MILLION LOAN ACQUISITIONReuters
Tue, Jul 22
David Broadbent appointed CEO of Europe's SES Space & Defense
July 22 (Reuters) - Luxembourg-based European satellite company SES SESFg.LU announced on Tuesday the appointment of David Broadbent as president and CEO of its Space & Defense Organization. He previously held a similar position at Intelsat, which SES acquired on July 17. WHY IT'S IMPORTANTB...Reuters
Tue, Jul 22
White House to unveil plan to push US AI abroad, crackdown on US AI rules, document shows
By Jarrett Renshaw WASHINGTON, July 22 (Reuters) - The White House on Wednesday intends to publish a plan that calls for the export of American AI technology abroad and a crackdown on state laws deemed too restrictive to let American AI flourish, a document seen by Reuters shows.According to a su...Reuters
Tue, Jul 22
Pmi CFO: We think vape brand Veev can have a similar level of profitability as cigarettes
July 22 (Reuters) - Philip Morris International Inc PM.N:PHILIP MORRIS INTERNATIONAL CFO EMMANUEL BABEAU: U.S. FOOD AND DRUG ADMINISTRATION RESPONSE TO IQOS ILUMA APPLICATION MAY NOT COME UNTIL 2026PMI CFO: WE THINK VAPE BRAND VEEV CAN HAVE A SIMILAR LEVEL OF PROFITABILITY AS CIGARETTESSource text: ...Reuters
Tue, Jul 22
Microsoft knew of SharePoint server exploit but failed to effectively patch it
Ongoing attacks compromised around 100 organisations over weekendSharePoint vulnerability identified during hacker competition Microsoft subsequently released patch that did not fix flaw By James Pearson LONDON, July 22 (Reuters) - A security patch released by Microsoft MSFT.O last month failed ...Reuters
Tue, Jul 22
Universal's $775 million Downtown deal may hinder competition, EU regulators warn
By Foo Yun Chee BRUSSELS, July 22 (Reuters) - Universal Music Group UMG.AS unit Virgin Music Group's $775 million acquisition of Downtown Music may hinder competition and remove an important competitor, EU antitrust regulators warned on Tuesday.Virgin announced the deal in December last year ...Reuters
Tue, Jul 22
Starvation knocking on every door in Gaza ‘horror show’, says UN chief
July 22 (Reuters) - Malnourishment is soaring and starvation is knocking on every door in Gaza, United Nations Secretary-General Antonio Guterres said on Tuesday, describing the situation in the Palestinian enclave as a “horror show.”“And now we are seeing the last gasp of a humanitarian system buil...Reuters
Tue, Jul 22
First Financial Corp's Q2 net income up 63% to $18.6 mln
OverviewFirst Financial Q2 net income rises to $18.6 mln, reflecting strong performanceNet interest income hits record $52.7 mln, driven by loan growthProvision for credit losses falls to $2.0 mln, indicating improved asset qualityOutlookCompany expects continued improvement in loan growth and net i...Reuters
Tue, Jul 22
DIARY-Political and General News Events from July 22
July 22 (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
Tue, Jul 22
PACCAR beats quarterly estimates on strong parts demand
July 22 - U.S. truckmaker PACCAR PCAR.O beat second-quarter profit and revenue estimates on Tuesday, helped by strong demand in its aftermarket parts segment as more truckers opted to maintain their existing fleet.Shares of the Bellevue, Washington-based company rose 5% in the early hours following ...Reuters
Tue, Jul 22
EXCLUSIVE-Trump's Golden Dome looks for alternatives to Musk's SpaceX
The Pentagon is looking beyond SpaceX for Golden Dome, sources sayThe White House is wary of over-reliance on Musk, who is feuding with TrumpAmong new entrants are Jeff Bezos' Kuiper, and other startupsBy Mike Stone WASHINGTON, July 22 (Reuters) - The Trump administration is expanding its sea...Reuters
Tue, Jul 22
Azimut Signs Binding Agreement To Acquire 100% Of North Square Investments
July 22 (Reuters) - Azimut Holding SpA AZMT.MI:FORMS $20 BILLION INTEGRATED ASSET MANAGEMENT, DISTRIBUTION PLATFORM IN U.S. WITH ACQUISITION OF NORTH SQUARE INVESTMENTSU.S. AUM REACHES $50 BILLION, STRENGTHENING AZIMUT’S POSITION AS ITS SECOND LARGEST MARKETTRANSACTION IS EXPECTED TO GENERATE ABOUT ...Reuters
Tue, Jul 22
Bari Weiss Seeks More Than $200Mln For Media Start-Up The Free Press- FT
July 22 (Reuters) - BARI WEISS SEEKS MORE THAN $200MN FOR MEDIA START-UP THE FREE PRESS- FTTHE FREE PRESS HAS ALSO HELD TALKS WITH RUPERT MURDOCH’S NEWS CORP ABOUT POTENTIAL COLLABORATIONS- FTSource text: https://tinyurl.com/bdfe7ursReuters
Tue, Jul 22
BlackRock imposes restriction on use of company devices for China travel, Bloomberg News reports
July 22 (Reuters) - BlackRock BLK.N has asked its staff visiting China for business trips to use temporary loaner phones and avoid using company laptops, Bloomberg News reported on Tuesday, citing an internal memo. The world's largest asset manager told its staff that using company-issued employ...Reuters
Tue, Jul 22
Ukraine allies looking for solutions in EU on Patriots, German minister says
BERLIN, July 22 (Reuters) - Ukraine's allies are looking to see whether some member states in the European Union could supply Ukraine with five Patriot missile defence systems, of which Germany is willing to finance two, Germany's Defence Minister Boris Pistorius said on Tuesday.Pistorius sa...Reuters
Tue, Jul 22
