News
Important Only
India trade team to visit US soon to continue talks, trade ministry source says
NEW DELHI, July 10 (Reuters) - A delegation from India is expected to visit the United States soon to continue trade talks, aiming to conclude an initial deal by fall 2025, an Indian trade ministry source said on Thursday.Reuters
Thu, Jul 10
Kraft Heinz Announces Agreement To Sell Italian Baby & Specialty Food Business To Italy’S Newprinces Group
July 10 (Reuters) - Kraft Heinz Co KHC.O:KRAFT HEINZ ANNOUNCES AGREEMENT TO SELL ITALIAN BABY AND SPECIALTY FOOD BUSINESS TO ITALY’S NEWPRINCES GROUPKRAFT HEINZ CO - ENTERS CONSULTATION PERIOD WITH ITALIAN UNIONSKRAFT HEINZ CO - NEWPRINCES TO PURCHASE PLASMON, NIPIOL, DIETERBA BRANDSKRAFT HEINZ CO -...Reuters
Thu, Jul 10
Ukraine to launch Starlink mobile internet in 2026, becoming Europe's first, Kyivstar says
Operator Kyivstar to launch Starlink mobile services in mid-2026Kyivstar aims to foster new business ties for UkraineHopes to finalise U.S. listing in third quarter of 2025By Angelo Amante and Gianluca Lo Nostro ROME, July 10 (Reuters) - Ukraine will become the first European nation to offer Star...Reuters
Thu, Jul 10
TSMC second-quarter sales rise 38.6% y/y, beat forecasts
Q2 revenue ahead of forecastsCompany to report Q2 earnings on July 17TAIPEI, July 10 (Reuters) - TSMC 2330.TW, the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's produc...Reuters
Thu, Jul 10
Sri Lanka's apparel industry alarmed by US tariff of 30%, hopes for cut
COLOMBO, July 10 (Reuters) - Distress is in store for Sri Lanka's garments sector if the island nation is unable to clinch a tariff lower than the 30% figure U.S. President Donald Trump has clamped on imports from Colombo, a top industry body warned on Thursday.Reuters
Thu, Jul 10
Ofcom revises Royal Mail delivery targets to manage delays
July 10 (Reuters) - British regulator Ofcom said on Thursday it had set new minimum acceptable delivery deadlines for Royal Mail to prevent long delays, and changed some existing delivery targets which could help the postal service save up to 425 million pounds ($578.3 million).Reuters
Thu, Jul 10
Pagegroup Expects 2025 Operating Profit To Be Broadly In Line With Current Market Consensus
July 10 (Reuters) - Pagegroup PLC PAGE.L:SECOND QUARTER 2025 TRADING UPDATEEXPECTS 2025 OPERATING PROFIT TO BE BROADLY IN LINE WITH CURRENT MARKET CONSENSUS OF C. £22MCOST REDUCTION PROGRAMME ON TRACKCONTINUED SUBDUED LEVELS OF CLIENT AND CANDIDATE CONFIDENCE IMPACTED DECISION MAKINGREDUCES FEE EARN...Reuters
Thu, Jul 10
WPP names Microsoft exec Cindy Rose as new CEO
LONDON, July 10 (Reuters) - British ad group WPP WPP.L named board member Cindy Rose as its new chief executive on Thursday, handing the top job to a senior executive from Microsoft a day after it downgraded profit forecasts. Rose has been on the board since 2019 and will take over from outgoing CEO...Reuters
Thu, Jul 10
State-backed Italian nat cat reinsurance pool targets January 1, 2026 launch
By Edward CarronJuly 10 - (The Insurer) - The public-private reinsurance mechanism for Italy's new mandatory natural catastrophe insurance scheme aims to begin facilitating cover by January 1, 2026, a senior reinsurance source told The Insurer. The Italian Association of Insurance Companies (AN...Reuters
Thu, Jul 10
Europe looks to Nordic space race to scale back US dependence
Europe seeking to expand independent space launch capacityNorway and Sweden the best hope for space launches from EuropeEurope currently trails US in launches, spending by huge marginBy Johan AhlanderKIRUNA, Sweden, July 10 (Reuters) - Two small spaceports in the far north of Sweden and Norway are r...Reuters
Thu, Jul 10
Legal And General Says L&G And Blackstone Announce Strategic Partnership To Accelerate Growth Ambitions
July 10 (Reuters) - LEGAL AND GENERAL- L&G AND BLACKSTONE ANNOUNCE STRATEGIC PARTNERSHIP TO ACCELERATE GROWTH AMBITIONSLEGAL AND GENERAL- LONG-TERM STRATEGIC PARTNERSHIP COMBINES THE STRENGTH OF L&G AND BLACKSTONE’S RESPECTIVE CREDIT PLATFORMSBLACKSTONE - L&G WILL INVEST UP TO 10% OF ANT...Reuters
Thu, Jul 10
TSMC posts Q2 sales of T$933.8 billion, above forecasts
TAIPEI, July 10 (Reuters) - TSMC 2330.TW, the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's products leaps on surging interest in artificial intelligence (AI) applicat...Reuters
Thu, Jul 10
Aalberts To Acquire GVT In Southeast Asian Semicon Market
July 10 (Reuters) - Aalberts NV AALB.AS:AALBERTS INTENDS TO ACQUIRE GVT IN SOUTHEAST ASIAN SEMICON MARKETDEAL EXPECTED TO FINALIZE BY END OF 2025TO BUY 100% OF GRAND VENTURE TECHNOLOGYACQUISITION TO BOOST EPSTRANSACTION IS EXPECTED TO BE FINALISED BY END OF 2025SHAREHOLDERS OF GVT ARE OFFERED A CONS...Reuters
Thu, Jul 10
Blackstone and L&G form up to $20 billion private credit partnership, Bloomberg News reports
July 10 (Reuters) - Blackstone BX.N has entered into a private credit partnership with Legal & General LGEN.L that the two firms plan to expand to up to $20 billion over the next five years, Bloomberg News reported on Thursday, citing a Blackstone spokesperson.Reuters
Thu, Jul 10
Cox Group Completes $115 Mln Private Placement With Allianz Capital Partners Of America
July 10 (Reuters) - Cox Abg Group COXGA.MC:COMPLETES $115 MILLION PRIVATE PLACEMENT WITH ALLIANZ CAPITAL PARTNERS OF AMERICATRANSACTION IS STRUCTURED AS A 5-YEAR SENIOR BOND WITH A FIXED PRICE EQUIVALENT IN EUR OF BETWEEN 5.25% AND 5.50%PROCEEDS FROM TRANSACTION WILL BE USED TO FINANCE CO’S GROWTH S...Reuters
Thu, Jul 10
Blackstone, L&G Strike Up To $20 Billion Private Credit Tie-Up - Bloomberg News
July 10 (Reuters) - Blackstone Inc BX.N:BLACKSTONE, L&G STRIKE UP TO $20 BILLION PRIVATE CREDIT TIE-UP - BLOOMBERG NEWS: BLACKSTONE, L&G STRIKE UP TO $20 BILLION PRIVATE CREDIT TIE-UP - BLOOMBERG NEWSSource text: https://tinyurl.com/286wbu6wReuters
Thu, Jul 10
Long-term JGBs rally as solid auction demand calms fiscal, election jitters
By Rocky Swift TOKYO, July 10 (Reuters) - Long-term Japanese government bonds (JGBs) rallied on Thursday as solid demand at a debt auction counterbalanced concerns over fiscal deficits and an upcoming election. Prices for 20- and 30-year JGBs sank earlier this week, driving yields sharply higher,...Reuters
Thu, Jul 10
