News
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German yield curve heads for fourth week of steepening
German yield curve takes cues from US TreasuriesECB seen on hold next week, during tariff negotiationsBNP Paribas still constructive on euro zone bond yield spreadsAnalysts expect volatility in French bonds after the summerBy Stefano Rebaudo July 18 (Reuters) - The German bond yield curve was hea...Reuters
Fri, Jul 18
Israel agrees to allow Syrian troops limited access to Sweida
Syria's Sweida province rocked by days of violence Over 300 killed in fighting, human rights group saysSyrian forces to get limited access to Sweida province Residents report clashes in province's north and west BEIRUT/JERUSALEM, July 18 (Reuters) - Israel has agreed to allow limited acc...Reuters
Fri, Jul 18
US and Ukraine in talks on drone investment deal, Ukrainian PM says
KYIV, July 18 (Reuters) - Ukraine and the United States are in detailed talks on a deal involving U.S. investment in Kyiv's domestic drone production, Ukrainian Prime Minister Yulia Svyrydenko said on Friday.The deal would also lead to the U.S. purchasing drones from Ukraine, Svyrydenko said as ...Reuters
Fri, Jul 18
US insurance broker BroadStreet closes investment led by Ethos Capital
By Navneeta NandanJuly 18 - (The Insurer) - U.S. retail broker BroadStreet Partners has announced the successful closing of an investment led by Ethos Capital, British Columbia Investment Management Corporation and White Mountains Insurance Group.Accounts advised by T Rowe Price Investment Managemen...Reuters
Fri, Jul 18
DIARY-Political and General News Events from July 18
July 18 (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 18
Autostrade CFO Peluso to return to Telecom Italia as finance chief, sources say
MILAN, July 18 (Reuters) - Piergiorgio Peluso, Chief Financial Officer of motorway operator Autostrade per l’Italia, is set to take over the top finance job at Telecom Italia (TIM) TLIT.MI, two sources told Reuters on Friday.Peluso, 57, previously served as TIM's CFO for seven years until 2019. ...Reuters
Fri, Jul 18
Texas judge dismisses Humana challenge to Medicare plan ratings
July 18 (Reuters) - A Texas federal judge dismissed a lawsuit brought by health insurer Humana HUM.N challenging the U.S. Department of Health and Human Services' reduction in its star ratings for government-funded Medicare plans.Humana filed the lawsuit in September 2023 in the Northern Distric...Reuters
Fri, Jul 18
Davies promotes Heard to North American president of operations
By Navneeta NandanJuly 18 - (The Insurer) - UK insurance services firm Davies has promoted Mike Heard to president of operations of its North American business.Heard will be reporting directly to CEO of Davies’ North American division, Dhara Patel, who was promoted in March from her president positi...Reuters
Fri, Jul 18
SLB expects Company Wide Adjusted EBITDA Margin To Be Flat In Second Half Of The Year Compared To Q2 - Conf Call
July 18 (Reuters) - Schlumberger NV SLB.N:SLB SLB CEO SAYS ACTIVITY ACROSS NORTH AMERICA AND LATIN AMERICA HAVE THE GREATEST RISK TO SHORT CYCLE - CONF CALLSLB EXPECTS REVENUE TO BE BETWEEN $18.2 BILLION AND $18.8 BILLION IN THE SECOND HALF OF THE YEAR- CONF CALLSLB EXPECTS EBIDTA MARGIN TO REMAIN F...Reuters
Fri, Jul 18
Top Republican on China panel objects to resumption of Nvidia H20 chip shipments
WASHINGTON, July 18 (Reuters) - John Moolenaar, chairman of the House Select Committee on China, on Friday objected to the resumption of Nvidia H20 equivalent graphics processing unit sales to China in a letter to U.S. Commerce Secretary Howard Lutnick.Reuters
Fri, Jul 18
Farmers & Merchants Bancorp Announces Board Leadership Transition
July 18 (Reuters) - Farmers & Merchants Bancorp Inc FMAO.O:F&M BANK ANNOUNCES BOARD LEADERSHIP TRANSITION: ANDREW BRIGGS TO STEP DOWN AS CHAIRMAN, KEVIN J. SAUDER NAMED SUCCESSORFARMERS & MERCHANTS BANCORP INC - BRIGGS TO CONTINUE AS DIRECTOR UNTIL RETIREMENT IN 2026FARMERS & MERCHAN...Reuters
Fri, Jul 18
S&P revises Mapfre's outlook to positive on improving capital and earnings generation
By Navneeta NandanJuly 18 - (The Insurer) - S&P Global Ratings has revised its outlook of Spain-based insurer Mapfre Group to positive from stable, reflecting improving capital and earnings generation and an expectation of structural consolidation of the group's capital adequacy above the 99...Reuters
Fri, Jul 18
Sarepta Says 51-Year-Old Male Patient Died In Early Stage Study Of SRP-9004
July 18 (Reuters) - Sarepta Therapeutics Inc SRPT.O:SAREPTA THERAPEUTICS SAYS 51-YEAR-OLD MALE PATIENT DIED IN AN EARLY STAGE STUDY OF CO'S THERAPY SRP-9004 - STATEMENTSAREPTA THERAPEUTICS SAYS PATIENT WAS THE LAST TO BE DOSED IN THE STUDY, AND DIED OF ACUTE LIVER FAILURESAREPTA THERAPEUTICS SAY...Reuters
Fri, Jul 18
Deals of the day-Mergers and acquisitions
June 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1415 GMT on Friday: ** BP has agreed to sell its U.S. onshore wind business to U.S.-based power grid operator LS Power, as part of its ongoing divestment strategy, the energy major said, wit...Reuters
Fri, Jul 18
MetroCity Bankshares' Q2 net interest income rises
OverviewMetrocity's Q2 net income rises 3.2% from Q1, driven by higher interest incomeNet interest margin improves to 3.77% from 3.67% in Q1Company receives regulatory approval for merger with First IC CorporationOutlookCompany expects merger with First IC to complete in Q4 2025Result DriversINT...Reuters
Fri, Jul 18
US Treasury's Bessent says good tariff deal with Japan still possible
By Makiko Yamazaki TOKYO, July 18 (Reuters) - A mutually beneficial U.S.-Japan tariff agreement is still possible, Treasury Secretary Scott Bessent said on Friday after meeting Japanese Prime Minister Shigeru Ishiba in Tokyo."A good deal is more important than a rushed deal, and a mutually be...Reuters
Fri, Jul 18
Bolsonaro never thought about fleeing Brazil
BRASILIA, July 18 (Reuters) - Former Brazilian President Jair Bolsonaro said on Friday he never considered fleeing the country and that a top court imposing precautionary measures against him, including wearing an ankle bracelet, amounted to his "supreme humiliation."Reuters
Fri, Jul 18
