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Trump says Coca-Cola agreed to use real cane sugar in US
Sugar would replace high-fructose corn syrup in Coke's US marketTrump's home state of Florida is top sugarcane producerRFK Jr. has been critical of high sugar consumption WASHINGTON, July 16 (Reuters) - President Donald Trump said on Wednesday that Coca-Cola KO.N had agreed to use can...Reuters
Wed, Jul 16
Merz visits UK as Europe closes ranks in face of threats
By Sarah Marsh and Elizabeth Piper BERLIN/LONDON, July 17 (Reuters) - Friedrich Merz embarks on his first trip to London as German chancellor on Thursday to meet with British Prime Minister Keir Starmer and sign a wide-ranging friendship treaty, as part of a broader push to reset the EU's rel...Reuters
Wed, Jul 16
TSMC quarterly profit seen hitting record but Trump tariffs, forex a concern
Analysts expect a 52% surge in second-quarter profitTSMC benefiting from surge towards AIEarnings call at 0600 GMT TAIPEI, July 17 (Reuters) - TSMC 2330.TW, the world's main producer of advanced AI chips, is expected to post a 52% jump in second-quarter profit to record levels on Thursday, thoug...Reuters
Wed, Jul 16
United Airlines reports increased demand but Newark constraints hurt earnings
United says travel demand has accelerated in Q3CEO says 'the world is less uncertain today' than in H1Airline faces weak pricing power despite demand stabilizationCarriers aim to boost fares by cutting unprofitable flightsBy Rajesh Kumar Singh CHICAGO, July 16 (Reuters) - United Airlines ...Reuters
Wed, Jul 16
Volvo Cars pauses sales of some cars in US as tariffs pinch profits
US tariffs force Volvo Cars to focus on high-margin models Suspends sale of several sedans and station wagonsVolvo's EX90 struggles exacerbated by European component tariffsCompany will add popular mid-sized SUV hybrid XC60 to US productionBy Marie Mannes STOCKHOLM, July 16 (Reuters) - Volvo ...Reuters
Wed, Jul 16
MP Materials commences $500 million public offering of common stock
July 16 (Reuters) - MP Materials MP.N said on Wednesday it would sell $500 million of its common stock, a day after the U.S. rare earths miner inked a supply deal with Apple AAPL.O.Shares of MP Materials fell 5.8% in extended trade. They have surged 275% so far this year, giving the company a market...Reuters
Wed, Jul 16
Trump's approval on immigration falls to lowest level of his term, Reuters/Ipsos poll finds
Trump's immigration approval rating drops to 41% in recent pollNationwide raids target migrants in country illegally, sparking lawsuits and controversyRepublicans are divided on workplace raids and military tacticsBy Jason Lange WASHINGTON, July 16 (Reuters) - President Donald Trump's pub...Reuters
Wed, Jul 16
Canada plans to raise bond issuance by 31% in 2025-26
By Fergal Smith TORONTO, July 16 (Reuters) - Canada plans to increase bond issuance by 31% in the current fiscal year, the government's Debt Management Strategy document showed on Wednesday.Bond issuance is set to increase to C$316 billion ($230.96 billion) in 2025-26 from C$241 billion in 20...Reuters
Wed, Jul 16
Tennis-Sabalenka withdraws from US Open tune-up event in Montreal
July 16 (Reuters) - World number one Aryna Sabalenka has decided to skip the U.S. Open tune-up event in Montreal due to fatigue, Tennis Canada announced on Wednesday.The 27-year old Belarusian's decision to sit out the July 26-August 7 Canadian Open follows her semi-final appearances at Wimbledo...Reuters
Wed, Jul 16
BAE Systems develops weaponised drone to counter unmanned threat
Drone uses precision weapon to shoot down another droneMalloy T-150 drone fitted with APKWS kit for trialCost-effective option to countering drone threatBy Sarah YoungWARTON, England, July 16 (Reuters) - BAE Systems BAES.L said on Wednesday it was developing a new weaponised drone, aiming to offer m...Reuters
Wed, Jul 16
Home BancShares Q2 adjusted EPS beat estimates
OverviewRegional lender Home BancShares' Q2 2025 revenue beats analyst expectations, per LSEG dataAdjusted EPS for Q2 2025 exceeds consensus, per LSEG dataCo repurchased 1 mln shares, reflecting strong shareholder returnsOutlookCompany did not provide specific future guidance in the press releas...Reuters
Wed, Jul 16
Exclusive: Ledgebrook hires Gallagher Re's Grether and Guy Carpenter’s Shapiro reinsurance and strategy roles
By Mia MacGregorJuly 16 - (The Insurer) - E&S insurtech Ledgebrook has hired former Gallagher Re executive Chris Grether and Guy Carpenter's Ben Shapiro in reinsurance and strategy roles, a Ledgebrook spokesperson confirmed to The Insurer.San Francisco-based Grether has joined as senior vice...Reuters
Wed, Jul 16
Dollar General CFO Kelly Dilts to depart next month
July 16 (Reuters) - Discount store chain operator Dollar General's DG.N finance chief Kelly Dilts will step down next month after a little over two years in the role, the company said on Wednesday. Dilts, who had joined the company in 2019, is stepping down effective August 28 to pursue another ...Reuters
Wed, Jul 16
Union Bankshares Q2 net income rises 18.6%
OverviewUnion Bankshares Q2 Consolidated net income rises 18.6% yr/yrTotal assets increase 5.9% yr/yr, primarily due to 9.8% loan growthCompany declares regular quarterly cash dividend of $0.36 per shareOutlookCompany cites economic uncertainty in futureUnion Bankshares highlights strong asset quali...Reuters
Wed, Jul 16
Western Alliance Bank To Unify All Divisions Under One Brand
July 16 (Reuters) - Western Alliance Bancorp WAL.N:WESTERN ALLIANCE BANK TO UNIFY ALL DIVISIONS UNDER ONE BRANDWESTERN ALLIANCE BANCORP: AMERIHOME MORTGAGE UNIT & ITS AFFILIATE WESTERN ALLIANCE TRUST COMPANY WILL CONTINUE WITH THEIR CURRENT NAMESReuters
Wed, Jul 16
Synovus beats Q2 revenue, earnings estimates; raises 2025 guidance
OverviewSynovus Q2 revenue beats analyst expectations, per LSEG dataAdjusted EPS rises 28%, exceeding analysts' estimates, per LSEG dataCo raises full-year 2025 earnings guidance, citing strategic confidenceOutlookSynovus raises full-year 2025 earnings guidance, without giving specific detailsRe...Reuters
Wed, Jul 16
Walmart's Mexico unit posts 10% dip in Q2 profit even as sales rise
MEXICO CITY, July 16 (Reuters) - Walmart's Mexico and Central America unit reported a 10% dip in its second-quarter net profit on Wednesday, coming in at 11.23 billion Mexican pesos ($598 million).Revnues for the quarter were up 8% from the same quarter in 2024 to reach 246.25 billion pesos.($1 ...Reuters
Wed, Jul 16
Trial begins as Meta investors try to recoup $8 billion over privacy claims payout
Trial centers on alleged data privacy violations by Meta leadersMeta shareholders seek over $8 billion in damagesDefendants say they took steps to protect user privacyBy Tom Hals WILMINGTON, Delaware, July 16 (Reuters) - Facebook's board was not trying to protect founder Mark Zuckerberg i...Reuters
Wed, Jul 16
