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Tennis-Sinner tames Shelton to reach Wimbledon semi-final
By Martyn HermanLONDON, July 9 (Reuters) - World number one Jannik Sinner shrugged off any doubts about his fitness to reach the Wimbledon semi-final for the second time with a clinical defeat of American Ben Shelton on Wednesday.A high-octane contest on a muggy Court One was decided by slender marg...Reuters
Wed, Jul 9
US judge dismisses some claims in Uber sexual assault lawsuits
Passengers not defrauded Uber safety-related adsJudge allows claims over lack of gender-matching optionBellwether trial could begin in DecemberBy Jonathan StempelJuly 9 (Reuters) - The federal judge overseeing more than 2,300 lawsuits seeking to hold Uber UBER.N liable to passengers who were sexuall...Reuters
Wed, Jul 9
US Treasury's Bessent to skip South Africa G20 meeting, heading to Japan
Bessent to represent US at 2025 World Expo in OsakaTreasury chief also missed G20 meeting in February Trump announced 30% tariff on South Africa, 25% on Japan By Andrea Shalal WASHINGTON, July 8 (Reuters) - U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in...Reuters
Wed, Jul 9
Trump issues tariff letters to seven countries
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday issued a round of tariff letters to seven countries, including Algeria, Iraq, Libya, Sri Lanka and the Philippines. The letters call for tariffs of 30% each on Algeria, Iraq, Libya and Sri Lanka, 25% each on Brunei and Moldova, ...Reuters
Wed, Jul 9
Democratic lawmakers say EEOC chair aided law firm 'shakedown' by Trump
By David Thomas July 9 (Reuters) - Democratic lawmakers on Wednesday asked the acting chair of the U.S. Equal Employment Opportunity Commission for information about the agency's role in President Donald Trump's pressure campaign against a swath of the U.S. legal industry.The lawmakers, U...Reuters
Wed, Jul 9
Conning: Premium volume in US MGA market grows 16% in 2024 to $114.1 billion
By Chris MunroJuly 9 - (The Insurer) - Direct premiums written (DPW) in the U.S. MGA market increased 16% in 2024 to $114.1 billion, with fronting carriers playing an increasingly prominent role in the sector and Lloyd's also showing strong growth, Conning’s latest report on the fast-growing ind...Reuters
Wed, Jul 9
Google says discord over search results is unresolved; risks EU antitrust fine
By Foo Yun Chee BRUSSELS, July 9 (Reuters) - Alphabet's GOOGL.O Google said it failed this week to resolve disagreements with hotels, airlines and specialised search services such as Skyscanner over how it presents search results, putting it at risk of a hefty European Union antitrust fine.Th...Reuters
Wed, Jul 9
Equipment maintenance startup MaintainX valued at $2.5 billion in latest fundraise
By Ateev Bhandari July 9 (Reuters) - MaintainX more than doubled its valuation to $2.5 billion in its latest fundraising round, the equipment maintenance startup said on Wednesday, as startups that combine artificial intelligence with physical operations continue to attract investor interest. The...Reuters
Wed, Jul 9
Microsoft Says Over Next 5 Years, We Will Donate On A Global Scale More Than $4 Billion In Cash And AI & Cloud Technology To K-12 Schools
July 9 (Reuters) - Microsoft Corp MSFT.O:MICROSOFT: OVER THE NEXT FIVE YEARS, WE WILL DONATE ON A GLOBAL SCALE MORE THAN $4 BILLION IN CASH AND AI AND CLOUD TECHNOLOGY TO K-12 SCHOOLSSource text: https://tinyurl.com/38w4xdcyReuters
Wed, Jul 9
Hedge funds should face limits on leverage, global regulator recommends
FSB publishes report on non-banks and leverageHedge funds blamed for worsening 2020, 2022 market chaosBailey urges regulators to implement recommendationsBy Tommy Reggiori Wilkes and Valentina Za LONDON/MILAN, July 9 (Reuters) - Regulators should consider limits on leverage used by non-bank finan...Reuters
Wed, Jul 9
RPT-Trump hosts five African leaders as tariffs, aid cuts bite
Trump meeting focused on trade, economyVisiting countries have abundant natural resourcesAfrican politicians in 2018 called Trump racistBy Andrea Shalal, Matt Spetalnick WASHINGTON, July 9 (Reuters) - President Donald Trump meets with leaders from five African nations on Wednesday as the U.S. lea...Reuters
Wed, Jul 9
Syzygy AG Reduces Forecast For FY 2025:Revenue Decline Of Around 14 Percent Expected
July 9 (Reuters) - Syzygy AG SYZG.DE:SYZYGY AG REDUCES FORECAST FOR FISCAL YEAR 2025:SYZYGY AG - REDUCES FORECAST FOR FISCAL YEAR 2025:REVENUE DECLINE OF AROUND 14 PERCENT EXPECTED WITH AN EBIT MARGIN OF AROUND 3 PERCENTSYZYGY AG - FY 2025 EXPECTED EBIT MARGIN OF AROUND 3 PERCENT (PREVIOUSLY AROUND ...Reuters
Wed, Jul 9
Rubik's Cube owner loses trademark battle with Greek rival
By Foo Yun CheeBRUSSELS, July 9 (Reuters) - Rubik's Cube owner Spin Master Toys UK TOY.TO on Wednesday lost its battle against a Greek rival as Europe's second-highest court annulled trademarks related to the shape of the famous puzzle. Invented by Hungarian professor Erno Rubik in 1974, the...Reuters
Wed, Jul 9
Canada's EQB brings back former finance chief Westlake as CEO
By Arasu Kannagi BasilJuly 9 (Reuters) - Canadian lender EQB EQB.TO said on Wednesday former finance head Chadwick Westlake will return as its CEO, just months after he left to join software firm OpenText OTEX.TO.Westlake will succeed Andrew Moor, 65, who died last month. Moor is credited with trans...Reuters
Wed, Jul 9
Porsche expects $351 million tariff hit for April and May
FRANKFURT, July 9 (Reuters) - Porsche P911_p.DE expects a 300 million euro ($351 million) hit to results as a consequence of absorbing U.S. import tariffs in April and May, the luxury sportscar manufacturer said in slides published after an investor call ahead of quarterly results.The company had pr...Reuters
Wed, Jul 9
Trump hosts five African leaders as tariffs, aid cuts bite
Trump meeting focused on trade, economyVisiting countries have abundant natural resourcesAfrican politicians in 2018 called Trump racistBy Andrea Shalal and Matt Spetalnick WASHINGTON, July 9 (Reuters) - President Donald Trump meets with leaders from five African nations on Wednesday as the U.S. ...Reuters
Wed, Jul 9
RiverStone International names Enstar's Brockman as group CEO
By Rebecca DelaneyJuly 9 - (The Insurer) - Legacy specialist RiverStone International announced the appointment of Paul Brockman as group CEO on Wednesday.Brockman joins RiverStone from rival legacy specialist Enstar Group (which was acquired by Sixth Street last week), where he most recently assume...Reuters
Wed, Jul 9
CORRECTED-Trump issues tariff letters to six countries
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday issued a round of tariff letters to six countries, Algeria, Brunei, Iraq, Libya, Moldova and the Philippines. The letters call for tariffs of 30% on Algeria, 25% on Brunei, 30% on Iraq, 30% on Libya, 25% on Moldova and 20% on th...Reuters
Wed, Jul 9
