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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
Johnson & Johnson lifts 2025 forecast, halves tariff cost outlook
J&J halves 2025 tariff cost outlook to $200 millionJ&J beats Q2 earnings expectations, raises 2025 sales forecastAnalyst sees core business strong, consistent 5% sales growthShares increase nearly 6% in morning trading By Michael Erman, Patrick Wingrove and Bhanvi Satija July 16 (Reuters)...Reuters
Wed, Jul 16
RSA Insurance names Coupland general counsel for UK and Europe
July 16 - (The Insurer) – RSA Insurance, now part of Canada’s Intact Financial Corporation, has appointed Emily Coupland as general counsel for its UK and European operations, the company said on Wednesday.Coupland, who is currently general counsel at Axa UK and Ireland, will join RSA later this yea...Reuters
Wed, Jul 16
Soccer-Atletico Madrid sign midfielder Cardoso from Betis
July 16 (Reuters) - American midfielder Johnny Cardoso will join Atletico Madrid from Real Betis, both LaLiga clubs confirmed on Wednesday.The 23-year-old has signed a contract until 2030 with Diego Simeone's side after a successful spell at the Seville-based club.Cardoso played a key role in he...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
US Capitol Police detain man with guns, bow and arrow
WASHINGTON, July 16 (Reuters) - The U.S. Capitol Police detained a man with guns and a bow and arrow in his vehicle along Pennsylvania Avenue in Washington, D.C., on Wednesday, the USCP said in a statement, adding that charges are pending. "USCP officers saw an unusual vehicle on Pennsylvania Av...Reuters
Wed, Jul 16
CORRECTED-South Africa's Kganyago asserts Africa's G20 agenda despite tariffs and Bessent absence
Trump's tariff threats loom over G20 discussionsAfrican central banks aim to enhance cross-border tradeU.S. Treasury secretary skips G20 finance meeting againBy Olivia Kumwenda-Mtambo and Colleen Goko DURBAN, July 16 (Reuters) - South African Reserve Bank Governor Lesetja Kganyago said on Wed...Reuters
Wed, Jul 16
Trump administration needs another $19 billion to fully revamp air traffic control
By David Shepardson WASHINGTON, July 16 (Reuters) - U.S. Transportation Secretary Sean Duffy on Wednesday called on Congress to award another $19 billion to overhaul the aging U.S. air traffic control system after lawmakers approved an initial $12.5 billion over five years in funding."We are ...Reuters
Wed, Jul 16
Cycling-EF team happy to be underdogs in battle of cycling's big beasts
By Julien PretotTOULOUSE, France, July 16 (Reuters) - While World Tour giants like UAE Team Emirates-XRG and Visma-Lease a Bike flex their financial muscle at the Tour de France, EF Education-EasyPost team boss Jonathan Vaughters is happy to be chasing in a different kind of pack."I would laugh ...Reuters
Wed, Jul 16
XAI in discussions to lease data center capacity in Saudi Arabia, Bloomberg News reports
July 16 (Reuters) - Elon Musk's xAI is in talks to lease data center capacity in Saudi Arabia, Bloomberg News reported on Wednesday, as part of an effort to expand its infrastructure in regions offering cheap energy and political goodwill.Reuters
Wed, Jul 16
Ultra-orthodox party Shas decides to quit Israeli government, Israeli media say
July 16 (Reuters) - Shas, an ultra-Orthodox party, decided to quit the Israeli government, multiple Israeli media outlets reported on Wednesday.Another religious party, the United Torah Judaism (UTJ), also recently quit Israel's ruling coalition in a dispute over military service.Reuters
Wed, Jul 16
