News
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BREAKINGVIEWS-Serial buyer pushes limit of unmysterious M&A ways
By Jeffrey Goldfarb NEW YORK, July 10 (Reuters Breakingviews) - There are few secrets to Brad Jacobs’ success. The serial entrepreneur has completed more than 500 deals, divulged his methods in a recent book and is now suitably emboldened to broadcast plans for his latest venture. QXO QXO.N aims ...Reuters
Thu, Jul 10
Berlin weighs option of buying three more F127 frigates, says source
BERLIN, July 10 (Reuters) - Germany is considering the option of buying three more F127 frigates than previously envisaged, including eight Aegis combat systems produced by U.S. defence giant Lockheed Martin LMT.N, a military source told Reuters on Thursday.Previously, Berlin had been eyeing the pur...Reuters
Thu, Jul 10
Trump's 'good English' praise prompts eye rolls in Liberia, and some cheers
MONROVIA, July 10 (Reuters) - Liberians reacted with a mix of anger and weary resignation on Thursday after discovering that the leader of their country's closest bilateral partner does not appear to know what language they speak.At a meeting at the White House on Wednesday, U.S. President Donal...Reuters
Thu, Jul 10
Tariff uncertainty keeps euro zone government bonds in check
LONDON, July 10 (Reuters) - Euro zone bond yields edged up in subdued trading on Thursday, as investors awaited the outcome of U.S.-EU trade negotiations before making further moves. Germany's 10-year yield, the benchmark for the currency bloc, was up 2.8 basis points at 2.66%. It hit a six-week...Reuters
Thu, Jul 10
Rubio says he generally uses official channels to avoid impersonators
By Daphne Psaledakis KUALA LUMPUR, July 10 (Reuters) - U.S. Secretary of State Marco Rubio on Thursday responded to news that an individual used an artificially generated voice to impersonate him by saying that he communicates with counterparts around the world through official channels to avoid ...Reuters
Thu, Jul 10
Moscow demands access to Russian basketball player held in France
MOSCOW, July 10 (Reuters) - Russia's embassy in Paris on Thursday demanded consular access to a Russian basketball player, Daniil Kasatkin, whose lawyer said was detained in France at the request of the United States on suspicion of being part of a hacking network. "The embassy is dealing wi...Reuters
Thu, Jul 10
Starpeak renews Axa XL binder for the 10th consecutive year
By Chris MunroJuly 10 - (The Insurer) - Starpeak has renewed its long-standing binder with Axa XL’s UK and Lloyd’s business, with the digital MGA’s commercial director Andy Brownsell declaring the capacity partnership “central” to its long-term strategy.Renewal of the binder means the capacity partn...Reuters
Thu, Jul 10
Arch North America appoints five division presidents
July 10 - (The Insurer) - Arch Insurance North America has appointed five executives to newly created division president roles, effective August 1, 2025.Linda Fallon will lead the consumer business division, overseeing the travel, accident and health, and warranty and lenders solutions units. Fallon...Reuters
Thu, Jul 10
TCS revenue falls short as tariffs cast shadow on client spending
Delays in decision-making and project starts intensified - CEO Passage of the U.S. spending bill could provide some clarityUS-listed shares of rivals Infosys and Wipro drop sharplyBy Sai Ishwarbharath B and Haripriya SureshBENGALURU, July 10 (Reuters) - Tata Consultancy Services TCS.NS, India's ...Reuters
Thu, Jul 10
Exclusive: Canopius lines up Wright as Guy Carpenter marine exits continue
By Michael JonesJuly 10 - (The Insurer) - Guy Carpenter vice president Imogen Wright has resigned to take up a position within Canopius' marine treaty team, two senior marine reinsurance sources told The Insurer.The Insurer could not confirm the exact role Wright will take up but one senior sour...Reuters
Thu, Jul 10
India's Glenmark Pharma unit, AbbVie sign exclusive licensing pact
July 10 (Reuters) - India's Glenmark Pharmaceuticals GLEN.NS said on Thursday its innovation arm, Ichnos Glenmark Innovation (IGI), and AbbVie ABBV.N have signed an exclusive licensing agreement for IGI's cancer treatment, adding to the U.S. firm's oncology portfolio.Under the agreement,...Reuters
Thu, Jul 10
REFILE-India's Glenmark Pharma unit, AbbVie sign exclusive licensing pact
July 10 (Reuters) - India's Glenmark Pharmaceuticals GLEN.NS said on Thursday its innovation arm, Ichnos Glenmark Innovation (IGI), and AbbVie ABBV.N have signed an exclusive global licensing agreement for IGI's cancer treatment, ISB 2001.Under the agreement, AbbVie will get exclusive rights...Reuters
Thu, Jul 10
WTW adds KPMG's Thibault in Bermuda
By Ashish TiwariJuly 10 - (The Insurer) - WTW on Thursday named Cédric Thibault as director in its insurance consulting and technology (ICT) business as it looks to strengthen its presence in Bermuda's (re)insurance market. Thibault, who has over two decades of experience in life, annuities, ins...Reuters
Thu, Jul 10
Russia says BRICS is not anti-American
MOSCOW, July 10 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Thursday that BRICS was not an anti-American group and that it will not listen to "language of threats and manipulation".On Sunday, U.S. President Donald Trump threatened BRICS countries with additional 10% ta...Reuters
Thu, Jul 10
AI slows down some experienced software developers, study finds
AI tools increase seasoned developers' task times, study findsDevelopers expected AI tools to speed up task timesSlowdown stems from developers having to correct AI models' suggestions By Anna Tong SAN FRANCISCO, July 10 (Reuters) - Contrary to popular belief, using cutting-edge artificia...Reuters
Thu, Jul 10
Russia to agree on new talks with U.S. in 'near future,' diplomat says
MOSCOW, July 10 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Thursday that there is no slowdown with the United States in normalising relations and that new consultations will be agreed upon with Washington "in the near future."The focus on restoring the work of diploma...Reuters
Thu, Jul 10
DIARY-Political and General News Events from July 10
July 10 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY --------...Reuters
Thu, Jul 10
CANADA STOCKS-TSX opens flat as investors await progress on trade talks
July 10 - Canada's main stock index opened flat on Thursday, as gains in mining and technology shares were offset by losses in energy shares, while investors assessed U.S. tariff threats and awaited signs of progress on trade talks. At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&...Reuters
Thu, Jul 10
Russia's Rybakov says BRICS is not anti-American
MOSCOW, July 10 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Thursday that the BRICS group is not an anti-American group and that it will not listen to "language of threats and manipulation". On Sunday, U.S. President Donald Trump threatened BRICS countries with addit...Reuters
Thu, Jul 10
