News
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India investigators say too early to draw conclusions on Air India crash cause
NEW DELHI, July 17 (Reuters) - India's aircraft accident investigation body said on Thursday it was too early to reach any "definite conclusions" on what led to the deadly Air India Boeing plane crash last month that killed 260 people."We urge both the public and the media to refrain...Reuters
Thu, Jul 17
Bundesbank head says tariffs may crush hopes for German growth
2025 recession 'cannot be ruled out', Nagel saysForecast 2026 growth also uncertainPressure on EU negotiators for August 1 deadlineBy Maria Martinez DURBAN, South Africa, July 17 (Reuters) - The head of Germany's Bundesbank warned on Thursday that the high import tariffs U.S. Presiden...Reuters
Thu, Jul 17
US appeals court orders dismissal of NRA lawsuit against New York official
NEW YORK, July 17 (Reuters) - A federal appeals court on Thursday ordered the dismissal of the National Rifle Association's lawsuit accusing a New York state official of violating its free speech rights by coercing banks and insurers to avoid doing business with the gun rights group.The 2nd U.S....Reuters
Thu, Jul 17
Wells Fargo On Report Of Banker Being Blocked From Leaving China Closely Tracking Situation
July 17 (Reuters) - Wells Fargo & Co WFC.N:WELLS FARGO ON REPORT OF BANKER BEING BLOCKED FROM LEAVING CHINA: CLOSELY TRACKING SITUATIONWELLS FARGO SAYS WORKING THROUGH APPROPRIATE CHANNELS SO EMPLOYEE CAN RETURN TO USReuters
Thu, Jul 17
EU needs to solve problems without joint debt, German minister says
By Maria Martinez DURBAN, South Africa, July 17 (Reuters) - The European Union should find solutions to its finances without using common borrowing, German Finance Minister Klingbeil told Reuters on Thursday.Klingbeil said the EU had joint debt in the last few years, but that was in a crisis situ...Reuters
Thu, Jul 17
Citi hires Goldman veteran Friedland to boost investment banking team
July 17 (Reuters) - Citigroup C.N has hired David Friedland as co-head of North America investment banking coverage, its top executive Vis Raghavan announced in an internal memo seen by Reuters on Thursday.Friedland will join the bank after a nearly 28-year stint at Goldman Sachs GS.N, where he earn...Reuters
Thu, Jul 17
Goldman Sachs Says Aasem Khalil To Assume Additional Responsibilities As Global Head Of Cross Markets Group, Memo Shows
July 17 (Reuters) - Goldman Sachs Group Inc GS.N:GOLDMAN SACHS - AASEM KHALIL TO ASSUME ADDITIONAL RESPONSIBILITIES AS GLOBAL HEAD OF THE CROSS MARKETS GROUP - MEMOReuters
Thu, Jul 17
Turkish, Syrian leaders discussed Israeli attacks in call, Ankara says
ANKARA, July 17 (Reuters) - Turkish President Tayyip Erdogan and Syrian leader Ahmed al-Sharaa discussed Israel's attacks on Damascus in a phone call on Thursday, Turkey's presidency said, adding Erdogan had voiced support for Damascus.The presidency said Erdogan told Sharaa that Israel'...Reuters
Thu, Jul 17
BWX Technologies secures naval nuclear reactor component contract worth up to $2.6 billion
July 17 (Reuters) - BWX Technologies BWXT.N said on Thursday it has secured contracts worth $2.6 billion, including future options, to manufacture components for nuclear submarines and an aircraft carrier for the U.S. Navy. The United States has been modernizing its nuclear-powered Navy fleet a...Reuters
Thu, Jul 17
ADVISORY-Dated alert on Instacart CEO appointment withdrawn
An alert on Instacart announcing Chris Rogers as incoming CEO effective Aug 15 is dated and has been withdrawn. For the alert on CEO appointment from May 28, click nTUA2VFPMH.STORY_NUMBER: nFWN3TE0APSTORY_DATE: 17/07/2025STORY_TIME: 01:20 PM GMTReuters
Thu, Jul 17
India stock exchange derivative activity slips by a third since Jane Street trading ban
By Bharath Rajeswaran July 17 (Reuters) - Trading in India's weekly equity index options has slumped by a third since the country's market regulator banned U.S. high-frequency trading giant Jane Street in the local market earlier this month, exchange data showed on Thursday.National Stock...Reuters
Thu, Jul 17
Meta investors, Zuckerberg reach settlement to end trial over Facebook privacy litigation
WILMINGTON, Delaware, July 17 (Reuters) - A lawyer for Meta Platforms META.O shareholders who were suing Mark Zuckerberg and other company leaders told a Delaware judge on Thursday that the parties had reached a settlement agreement, ending a $8 billion trial over Facebook’s user privacy violations.Reuters
Thu, Jul 17
U.S.-based Wells Fargo banker blocked from leaving China, WSJ reports
July 17 (Reuters) - A U.S.-based Wells Fargo WFC.n banker who works in trade financing has been blocked from leaving China after traveling there recently, the Wall Street Journal reported on Thursday, citing people familiar with the matter.Reuters
Thu, Jul 17
U.S.-Based Wells Fargo Banker Blocked From Leaving China - WSJ
July 17 (Reuters) - U.S.-BASED WELLS FARGO BANKER BLOCKED FROM LEAVING CHINA - WSJWELLS FARGO MANAGING DIRECTOR CHENYUE MAO WAS BLOCKED FROM LEAVING CHINA AFTER TRAVELING THERE RECENTLY- WSJWELLS FARGO HAS SUSPENDED ALL TRAVEL TO CHINA FOLLOWING THE EXIT BAN - WSJWELLS FARGO: CLOSELY TRACKING SITUA...Reuters
Thu, Jul 17
ADVISORY-Alert wrongly tagged to Mercuria Investment Co withdrawn
Alert on commodity trader Mercuria Energy Group announcing a strategic partnership for energy modernization was inadvertently tagged to Mercuria Investment Co 7190.T, an unrelated company, and has been withdrawn. There will be no substitute. STORY_NUMBER: nTUA2ZC9N8STORY_DATE: 17/07/2025STO...Reuters
Thu, Jul 17
Zelenskiy says he and Trump are considering a drone 'mega-deal'
WASHINGTON, July 17 (Reuters) - President Donald Trump and Ukrainian President Volodymyr Zelenskiy are considering a deal that involves Washington buying battlefield-tested Ukrainian drones in exchange for Kyiv purchasing weapons from the U.S., Zelenskiy said in an interview with the New York Post.Z...Reuters
Thu, Jul 17
Cintas forecasts upbeat annual revenue on resilient demand for uniforms, safety gear
July 17 (Reuters) - Cintas CTAS.O on Thursday forecast its annual revenue above Wall Street expectations, betting on resilient demand for its uniform rentals and fire safety supplies, even as uncertainties loomed over the retail environment in the U.S.A rebound in the country's job growth booste...Reuters
Thu, Jul 17
Arca Continental posts second-quarter core earnings up 8%
MEXICO CITY, July 17 (Reuters) - Mexican bottler Arca Continental AC.MX on Thursday posted an 8.1% rise in its core earnings for the second quarter of 2025, landing at 13.16 billion pesos ($701.02 million), slightly under analysts' forecasts of 13.42 billion pesos.This led net profit to tick up ...Reuters
Thu, Jul 17
