News
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Kremlin says the Ukraine peace process has not stalled
MOSCOW, July 10 (Reuters) - The Kremlin said on Thursday that Russia did not think peace talks on Ukraine have stalled despite Donald Trump's remarks about Russian President Vladimir Putin and Washington's resumption of some weapons to Ukraine. Trump said on Tuesday that he was not happy...Reuters
Thu, Jul 10
Judge to weigh blocking Trump on birthright citizenship despite Supreme Court ruling
Hearing on ACLU class action on behalf of affected babiesTrump executive order aims to limit birthright citizenshipSupreme Court restricted use of nationwide injunctionsBy Nate Raymond CONCORD, New Hampshire, July 10 (Reuters) - A federal judge will consider on Thursday whether to prevent Preside...Reuters
Thu, Jul 10
Golf-LIV Golf and HSBC announce multi-year partnership
July 10 (Reuters) - LIV Golf and HSBC announced a multi-year partnership on Thursday that will see the London-headquartered bank become the official international banking partner of the Saudi-backed league and sponsor two of its 13 teams.The partnership with HSBC will span the entirety of LIV Golf&#...Reuters
Thu, Jul 10
Ex-Goldman partner's investment firm issues $1 billion in homebuilder loans
July 10 (Reuters) - Pretium, a real-estate focused investment firm founded by Goldman Sachs GS.N alum Don Mullen, said on Thursday it has originated more than $1 billion in loans to homebuilders in the last six months.The company, which manages $60 billion of assets, started issuing these loans in J...Reuters
Thu, Jul 10
CVC invests in Singaporean tech company Airalo at $1 billion-plus valuation
By Amy-Jo CrowleyLONDON, July 10 (Reuters) - European private equity firm CVC CVC.AS led a $220-million funding round in Singaporean travel technology specialist Airalo, valuing the business at more than $1 billion, the companies said on Thursday.CVC, which has 202 billion euros ($236.52 billion) of...Reuters
Thu, Jul 10
Internal Divisions Resurface at the Fed — When Will the Cuts Begin?
TradingKey - The Federal Reserve is facing deepening internal divisions over the timing and pace of interest rate cuts, according to minutes from its June policy meeting. Of the 19 policymakers, 10 support at least two cuts this year, two favor just one, and seven believe rates should remain unchangTradingKey
Thu, Jul 10
FACTBOX-Who is WPP's new CEO Cindy Rose?
July 10 (Reuters) - Britain's WPP WPP.L named board member Cindy Rose as the advertising group's new chief executive on Thursday, tasking the senior Microsoft executive with leading its recovery after she succeeds Mark Read on September 1.Rose, 59, who has both British and American citizensh...Reuters
Thu, Jul 10
EU's top court adviser sides with Italy in Meta Platforms dispute
By Bart H. Meijer and Foo Yun CheeBRUSSELS, July 10 (Reuters) - EU member states have the right to impose their own measures to strengthen the position of publishers in their dealings with large online platforms as long as these do not undermine freedom of contract, an adviser to the EU's highes...Reuters
Thu, Jul 10
Italy PM: Ukraine Recovery Conference has committed over 10 bln euros
ROME, July 10 (Reuters) - Participants in a Rome conference on the economic recovery of Ukraine have pledged over 10 billion euros ($11.73 billion) to help the war-torn country, Italian Prime Minister Giorgia Meloni said on Thursday."I think we should be proud of the result we have achieved toge...Reuters
Thu, Jul 10
Deals of the day-Mergers and acquisitions
July 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Blackstone said it had raised its offer to buy Warehouse REIT to 115 pence per share, valuing the British firm at about 489 million pounds ($665.6 mil...Reuters
Thu, Jul 10
Uniqlo owner warns significant tariff impact, plans price hikes
Expects significant tariff impact from later this year-CFOQ3 operating profit 146.7 bln yen vs 153.8 bln yen consensusKeeps full-year profit forecast at 545 bln yen TOKYO, July 10 (Reuters) - Japan's Fast Retailing 9983.T, owner of the Uniqlo clothing brand, said on Thursday higher U.S. tarif...Reuters
Thu, Jul 10
Kremlin says Ukraine peace process has not stalled
MOSCOW, July 10 (Reuters) - The Kremlin said on Thursday that Russia does not think peace talks on Ukraine have stalled and that it still wants to achieve its goals there through peaceful political and diplomatic means.Kremlin spokesman Dmitry Peskov said Moscow was waiting for Kyiv to give a signal...Reuters
Thu, Jul 10
Kremlin says it welcomes direct peace dialogue between Armenia and Azerbaijan
MOSCOW, July 10 (Reuters) - The Kremlin said on Thursday that it welcomed a meeting between the leaders of Armenia and Azerbaijan to finalise a peace agreement and fully supported the talks between the two former Soviet countries.Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilha...Reuters
Thu, Jul 10
Sri Lanka's apparel industry counts on cutting US tariff to compete with rivals
Sri Lanka says to continue US tariff negotiationsSri Lanka's apparel exports to US worth $1.9 billion last yearVietnam and India face lower tariffsBy Uditha Jayasinghe COLOMBO, July 10 (Reuters) - Sri Lanka's garments sector is pinning its hopes on further discussions with the U.S. govern...Reuters
Thu, Jul 10
Kraft Heinz to sell Italian baby food business to NewPrinces for 120 million euros
MILAN, July 10 (Reuters) - Packaged food maker Kraft Heinz KHC.O has agreed to sell its Italian infant and speciality businesses, including the Plasmon, Nipiol and Aproten brands, to Italian food group NewPrinces NWLF.MI, Kraft said on Thursday.The business, which also includes some other smaller br...Reuters
Thu, Jul 10
Pakistan eyes $1 billion valuation in Roosevelt Hotel redevelopment plan, source says
Government aims for over $1 billion valuationJLL to run partner selectionJV partner to be selected in 6–9 monthsBy Ariba Shahid KARACHI, July 10 (Reuters) - Pakistan is seeking a valuation of at least $1 billion for the Roosevelt Hotel it owns in New York and is ready to part with a minority sta...Reuters
Thu, Jul 10
