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Trump, asked if he plans to fire Fed chair Powell, says "not planning" on it
WASHINGTON, July 16 (Reuters) - U.S. President Donald Trump on Wednesday said he was not planning to fire Federal Reserve Board Chair Jerome Powell, but declined to rule out anything, citing an investigation into cost overruns on a $2.5 billion Fed renovation project.Trump repeated his criticism of ...Reuters
Wed, Jul 16
Troops Inc Unit Enters LOI To Acquire Stake In Malaysian Co-Living And Co-Working Space
July 16 (Reuters) - TROOPS Inc SG5.F:TROOPS, INC. (NASDAQ: TROO) SUBSIDIARY ENTERS LETTER OF INTENT TO ACQUIRE STAKE IN MALAYSIAN CO-LIVING AND CO-WORKING SPACETROOPS: GIANT CONNECTION LIMITED WILL ACQUIRE 49% OF JUPITER STONE HOLDING LIMITED'S 62.5% OWNERSHIP IN Y CONCEPT HOLDING LIMITEDReuters
Wed, Jul 16
Rheinmetall talking to several parties over deal for automotive division
DUESSELDORF, July 16 (Reuters) - Germany's Rheinmetall is holding talks with several potential bidders for its Power Systems auto supply business, the company said on Wednesday after newspaper Handelsblatt reported it was speaking to financial investor One Equity Partners (OEP)."Rheinmetall ...Reuters
Wed, Jul 16
Coface receives in-principle Lloyd’s approval for trade credit syndicate
July 16 - (The Insurer) - French credit insurer Coface said on Wednesday it has received in-principle approval from Lloyd’s to launch a new short-term trade credit syndicate, marking its entry into the Lime Street market.The new syndicate, Coface Syndicate 2546, will be managed by Apollo Syndicate M...Reuters
Wed, Jul 16
US expects de-escalation between Syria and Israel soon, Rubio says
WASHINGTON, July 16 (Reuters) - U.S. Secretary of State Marco Rubio said on Wednesday the situation in Syria is "complicated" but looks like a "misunderstanding" and he thinks progress towards de-escalation will be made in the next few hours.Reuters
Wed, Jul 16
Rugby-Winger Feyi-Waboso returns for England against the United States
July 16 (Reuters) - Coach Steve Borthwick has selected Immanuel Feyi-Waboso on the wing and could hand debuts to as many as six players when England face the United States in the final match of their summer tour in Washington DC on Saturday.Feyi-Waboso returns from a suspension picked up playing for...Reuters
Wed, Jul 16
Trump administration sued by US states for cutting disaster prevention grants
States claim FEMA lacked power to cancel grant programProgram provided billions of dollars for infrastructure upgradesTrump's targeting of FEMA under scrutiny after Texas floodsBy Daniel Wiessner July 16 (Reuters) - A group of 20 mostly Democrat-led U.S. states filed a lawsuit on Wednesday se...Reuters
Wed, Jul 16
Basketball-WNBA's 'The Engine' Thomas gets fitting NASCAR tribute
By Amy Tennery NEW YORK, July 16 (Reuters) - WNBA MVP contender Alyssa Thomas will feature on the Dover Motor Speedway this weekend - though not behind the wheel - as her face graces the hood of RFK Racing driver Ryan Preece's No. 60 Castrol car.It is a fitting honour for the Phoenix Mercury ...Reuters
Wed, Jul 16
TREASURIES-US two-year yields slump after news report on Powell
NEW YORK, July 16 (Reuters) - U.S. Treasury two-year yields dropped on Wednesday, after a report suggested that President Donald Trump is likely to fire Federal Reserve Jerome Powell soon.U.S. two-year yields, which track interest rate expectations, dropped 6.9 basis points (bps) to 3.889% US2YT=RR....Reuters
Wed, Jul 16
COLUMN-Why banks and investors find heat risks easy to ignore: Virginia Furness
By Virginia Furness LONDON, July 16 (Reuters) - Heatwaves, which climate change has long made more frequent and taxing in tropical and desert regions, are now becoming more common in Europe. This summer's heatwave killed 2,300 people across Europe in the days leading up to July 2. Scientists ...Reuters
Wed, Jul 16
Mexico plans stronger trade collaboration with Canada after Trump tariff threats
MEXICO CITY, July 16 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday that she had spoken with Canadian Prime Minister Mark Carney and that the two had agreed to strengthen trade collaboration, particularly in light of the tariffs from U.S. President Donald Trump set to go in effect...Reuters
Wed, Jul 16
Goldman Sachs CEO David Solomon Says IPO Activity Has Picked Up In Q2, You're Going To See More Of It In Q3 & Q4 - CNBC Interview
July 16 (Reuters) - Goldman Sachs Group Inc GS.N:GOLDMAN SACHS CEO DAVID SOLOMON : IPO ACTIVITY HAS PICKED UP IN Q2, YOU'RE GOING TO SEE MORE OF IT IN Q3 & Q4 - CNBC INTERVIEWGOLDMAN SACHS CEO DAVID SOLOMON : I THINK THERE'S A REASONABLE CHANCE WE GET A CUT OR TWO, BUT NOT CERTAIN - CN...Reuters
Wed, Jul 16
Traders boost bets on Fed rate cuts
July 16 (Reuters) - Short-term U.S. interest-rate futures rose on Wednesday after a report that President Donald Trump is likely to fire Federal Reserve Jerome Powell soon, with traders now betting on rate cuts starting in September and at least one more by December.Trump has railed against Powell f...Reuters
Wed, Jul 16
US senator seeks release of delayed security funds from FEMA
By Leah Douglas WASHINGTON, July 16 - The U.S. Federal Emergency Management Agency must release months-overdue funding notices for security grants that help cities, ports, synagogues and other entities prevent terrorist threats, Democratic Senator Andy Kim said in a letter sent to the Trump admin...Reuters
Wed, Jul 16
