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Clariant Rejects Lyondellbasell's Allegations Against Four Companies Related To 2020 Competition Law Infringement
July 18 (Reuters) - CLARIANT AG CLN.S:REJECTS LYONDELLBASELL'S ALLEGATIONS AGAINST FOUR COMPANIES RELATED TO 2020 COMPETITION LAW INFRINGEMENTRECEIVED A CLAIM FOR DAMAGES AGAINST FOUR COMPANIES, INCLUDING CLARIANT, FROM LYONDELLBASELL WITH COURT OF AMSTERDAM, NETHERLANDSCLAIM ALLEGES DAMAGES TOT...Reuters
Fri, Jul 18
Russia says it downed 73 Ukrainian drones, including 3 flying to Moscow
July 18 (Reuters) - Russian air defences destroyed 73 Ukrainian drones overnight, including three heading for Moscow, Russia's defence ministry said on Friday. Most of the drones were downed over Russia's southwestern regions, including 31 over the Bryansk region that borders Ukraine, the m...Reuters
Fri, Jul 18
Thailand expects similar tariffs to other regional countries, minister says
BANGKOK, July 18 (Reuters) - Thailand expects to receive U.S. tariff rates by August 1 that are close to those imposed on other countries in the region, the finance minister said on Friday following talks with Washington.The United States described Thailand's trade proposals as "very substa...Reuters
Fri, Jul 18
Japan bonds tread water as wary investors await weekend election
By Kevin Buckland TOKYO, July 17 (Reuters) - Japanese government bonds held steady on Thursday as the market turned calm in the final run-up to potentially pivotal upper house elections, following a selloff earlier in the week that sent long-term yields to record peaks.Recent polls suggest the ruReuters
Fri, Jul 18
US House Republicans pass Trump plan to cut foreign aid, public broadcasting
Vote delayed by angry committee debatePassage sends package to White House for Trump to sign into law$9 billion cut to foreign aid and US public mediaBy Bo Erickson and Patricia Zengerle WASHINGTON, July 18 (Reuters) - The Republican-controlled U.S. House of Representatives early on Friday passed...Reuters
Fri, Jul 18
Insurer CFC weighs over $6.5 billion London listing, FT reports
July 18 (Reuters) - European private-equity firms EQT EQTAB.ST and Vitruvian Partners-backed specialist insurance provider CFC is considering a UK listing that could value the firm at more than 5 billion pounds ($6.71 billion), the Financial Times reported on Friday.($1 = 0.7448 pounds)Reuters
Fri, Jul 18
Majority of US House votes for Trump-backed spending-cut bill, voting continues
WASHINGTON, July 18 (Reuters) - A majority of the Republican-controlled U.S. House of Representatives early on Friday voted in favor of President Donald Trump's request to cut $9 billion in funding for public media and foreign aid. Voting continued.Reuters
Fri, Jul 18
Private-Equity Backed Insurer CFC Weighs London Listing, Targeting A Potential 5 Billion Stg Valuation - FT
July 18 (Reuters) - PRIVATE-EQUITY BACKED INSURER CFC WEIGHS LONDON LISTING - FTCYBER SPECIALIST GROUP CFC, OWNED BY EQT AND VITRUVIAN IS TARGETING A POTENTIAL £5BN VALUATION - FTSource text: https://tinyurl.com/yuamkjatReuters
Fri, Jul 18
FACTBOX-Foreign firms' executives entangled in Chinese probes
BEIJING, July 18 (Reuters) - U.S. bank Wells Fargo WFC.N has suspended all travel to China after one of its employees was barred from leaving the country, extending a trend of foreign executives caught up in probes by authorities that has chilled business sentiment.Below are some other recent exampl...Reuters
Fri, Jul 18
RPT-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
Fri, Jul 18
Judge rules Trump's firing of FTC commissioner was illegal
By Mike Scarcella and Jody Godoy July 17 (Reuters) - A federal judge on Thursday ruled the firing of U.S. Federal Trade Commission member Rebecca Kelly Slaughter by President Donald Trump earlier this year was illegal.U.S. District Judge Loren AliKhan said the Trump administration’s attempt to re...Reuters
Fri, Jul 18
Thailand makes more offers to United States during trade talks, minister says
BANGKOK, July 18 (Reuters) - Thailand has made additional proposals during its trade talks with the United States, the finance minister said on Friday, as the government attempts to reduce a 36% U.S. tariff on Thailand.The revised proposals should meet targets and satisfy Washington, Pichai Chunhava...Reuters
Fri, Jul 18
RPT-North Korean defectors make debut in new K-pop boy band
1VERSE includes members from North Korea, Japan, and the USAlbum shares experiences of defecting from North KoreaProducer aims for authenticity in K-pop industry with diverse groupBy Hyun Young Yi and Hyunsu Yim SEOUL, July 18 (Reuters) - A new K-pop boy band made their global debut on Friday wit...Reuters
Fri, Jul 18
CORRECTED-Trump's name on 2003 birthday letter to Epstein, Wall Street Journal reports
Trump says letter is fake, says he will sue newspaperJournal declines to comment on lawsuit threatWhite House, Trump's base have been roiled by handling of Epstein information July 17 (Reuters) - Donald Trump's name appeared on a risque 2003 personal note to Jeffrey Epstein, the Wall Stre...Reuters
Fri, Jul 18
PRESS DIGEST-British Business - July 18
July 18 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Jaguar Land Rover, will cut up to 500 UK management jobs through a voluntary redundancy program, following a 15....Reuters
Fri, Jul 18
Citi, Ant International pilot AI-powered FX tool for clients to help cut hedging costs
SINGAPORE, July 18 (Reuters) - Citigroup C.N and Singapore-based financial technology firm Ant International have launched a pilot program using artificial intelligence to help clients better manage foreign exchange risk, the companies said on Friday.The program combines Citi's Fixed FX Rates so...Reuters
Fri, Jul 18
Trump nominating former Delta pilot to international aviation post
By David Shepardson WASHINGTON, July 17 (Reuters) - President Donald Trump is nominating former Delta Air Lines DAL.N pilot Jeffrey Anderson to serve as U.S. ambassador to the International Civil Aviation Organization, the White House said on Thursday, in a move opposed by a major airline pilots&...Reuters
Fri, Jul 18
Powell responds to White House on Fed headquarters renovation
July 17 (Reuters) - Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus, saying the project was large in scope and involved a n...Reuters
Fri, Jul 18
Meta hires two Apple AI researchers for Superintelligence push, Bloomberg News reports
July 17 (Reuters) - Meta Platforms META.O has hired Apple AAPL.O artificial intelligence researchers Mark Lee and Tom Gunter for its Superintelligence Labs team, Bloomberg News reported on Thursday, as it intensifies its pursuit for top AI talent.The social media giant is among several technology co...Reuters
Fri, Jul 18
