News
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Rare trial to begin in challenge to Trump-backed deportations of pro-Palestinian campus activists
Judge to hold rare trial in lawsuit challenging Trump administration actionsLawsuit alleges administration is unlawfully targeting pro-Palestinian campus activists for deportationTrump administration contends no such policy existsBy Nate Raymond BOSTON, July 7 (Reuters) - Groups representing U.S....Reuters
Mon, Jul 7
'Superman' director James Gunn remakes the hero for the big screen
Movie key to remake of Warner Bros-owned DC StudiosFilm starts hitting theaters on WednesdaySuperpowered dog Krypto joins Superman as sidekickBy Rollo RossLOS ANGELES, July 7 (Reuters) - James Gunn, writer and director of the off-kilter "Guardians of the Galaxy" films, tussled with various i...Reuters
Mon, Jul 7
RPT-ANALYSIS-Trump tax bill averts one debt crisis but makes future financial woes worse
Treasury yields rise amid fiscal concerns Tax bill projected to reduce tax revenues by $4.5 trillion over a decadeBill expected to boost corporate earnings, raise stock pricesBy Davide Barbuscia NEW YORK, July 3 (Reuters) - President Donald Trump's tax-cut and spending bill, which passed Cong...Reuters
Mon, Jul 7
Deals of the day-Mergers and acquisitions
June 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** Japan Activation Capital (JAC) has taken stakes in manufacturers Omron and Tadano , according to statements released on the day, as the investment firm ...Reuters
Mon, Jul 7
US special envoy 'satisfied' with Lebanon reply to US roadmap to disarm Hezbollah
July 7 (Reuters) - U.S. special envoy Thomas Barrack said on Monday that he was "unbelievably satisfied" with the Lebanese government's reply to an American proposal on how to disarm Hezbollah, which had signalled in recent days that it will not give up all its arms."What the governm...Reuters
Mon, Jul 7
Kremlin says BRICS is not working to undermine other countries after Trump threatens extra tariffs
MOSCOW, July 7 (Reuters) - The Kremlin said on Monday that the BRICS group of nations had never been working to undermine other countries after U.S. President Donald Trump said he would impose a 10% tariff on those aligning themselves with its "anti-American policies".Trump made the comments...Reuters
Mon, Jul 7
Israel, Hamas set for Gaza ceasefire talks as Netanyahu due to meet Trump
JERUSALEM/CAIRO, July 7 (Reuters) - Israel and Hamas are set to hold indirect talks in Qatar for a second day on Monday, aimed at securing a ceasefire and hostage deal in Gaza, ahead of a meeting in Washington between Israeli Prime Minister Benjamin Netanyahu and Donald Trump. The U.S. pres...Reuters
Mon, Jul 7
NHTSA opens recall query into about 1.2 million Stellantis trucks
July 7 (Reuters) - The U.S. National Highway Traffic Safety Administration said on Monday it opened a recall query covering about 1.2 million Stellantis' STLAM.MI Ram trucks over concerns related to the transmission.The auto safety regulator said impacted vehicles displayed issues related to the...Reuters
Mon, Jul 7
MOVES-Barclays names Khaled El Dabag and Walid Mezher co-CEOs for Middle East
DUBAI, July 7 (Reuters) - Barclays BARC.L has appointed Khaled El Dabag and Walid Mezher as co-CEOs for the Middle East region, it said in a statement on Monday.The two executives will be based in Dubai and report to Stephen Dainton, Barclays Bank's president and head of investment bank manageme...Reuters
Mon, Jul 7
Zelenskiy spoke with Trump about replacing envoy to US, Bloomberg News reports
July 7 (Reuters) - Ukrainian President Volodymyr Zelenskiy discussed replacing the current ambassador to the U.S., Oksana Markarova, during his phone call with President Donald Trump on Friday, Bloomberg News reported on Monday, citing a person familiar with the matter.The country's Prime Minist...Reuters
Mon, Jul 7
Zelenskiy spoke with Trump about replacing envoy to US, Bloomberg News reports
July 7 (Reuters) - Ukrainian President Volodymyr Zelenskiy discussed replacing the current ambassador to the U.S., Oksana Markarova, during his phone call with President Donald Trump on Friday, Bloomberg News reported on Monday, citing a person familiar with the matter.Zelenskiy had said on Saturday...Reuters
Mon, Jul 7
Apple takes fight against $587 million EU antitrust fine to court
By Foo Yun Chee BRUSSELS, July 7 (Reuters) - Apple AAPL.O took a challenge against EU regulators to Europe's second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech.The European C...Reuters
Mon, Jul 7
Belgian banks join European Payments Initiative to expand Wero wallet across Europe
July 7 (Reuters) - Five Belgian banks - Argenta, Bank Van Breda, Beobank, Crelan and vdk bank - said on Monday that they were joining the European Payments Initiative and that they would roll out the EPI's digital wallet Wero to their customers next year.WHY IT'S IMPORTANT:The EPI was set up...Reuters
Mon, Jul 7
TIMELINE-How Trump's trade war is upending the global economy
July 7 (Reuters) - U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.Here is a timeline of the major developments:February 1 - Trump imposes 25% tariffs on Mexican and most Ca...Reuters
Mon, Jul 7
NHTSA Opens Recall Query Into Est 1.2 Million Chrysler Ram Vehicles In The US Over Post Recall Remedy BTSI Failure
July 7 (Reuters) - NHTSA : OPENS RECALL QUERY INTO EST 1.2 MILLION CHRYSLER RAM VEHICLES IN THE US OVER POST RECALL REMEDY BTSI FAILURESource text: https://tinyurl.com/3fwja3cpReuters
Mon, Jul 7
Guy Carpenter's Enoizi joins Insurance Development Forum steering committee
By Henry GaleJuly 7 - (The Insurer) - The Insurance Development Forum (IDF) has appointed Guy Carpenter's Julian Enoizi to its steering committee, the IDF said on Monday.Enoizi is Guy Carpenter's Europe CEO. He has also served as as Marsh McLennan's global head of public sector and CEO o...Reuters
Mon, Jul 7
Apple takes fight against $587 million EU antitrust fine to court
By Foo Yun Chee BRUSSELS, July 7 (Reuters) - Apple AAPL.O took a challenge against EU regulators to Europe's second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech.The European C...Reuters
Mon, Jul 7
Cost of insuring Turkey's debt climbs after opposition crackdown
LONDON, July 7 (Reuters) - The cost of insuring Turkey's debt against default rose on Monday after a widening legal crackdown against the main opposition party over the weekend.Turkey's 5-year credit default swap widened by 13 basis points from Friday's close to reach 292 basis points, a...Reuters
Mon, Jul 7
China says it opposes tariffs being used as a tool of coercion
BEIJING, July 7 (Reuters) - China opposes tariffs being used as a tool to coerce others, the Chinese foreign ministry said on Monday, after U.S. President Donald Trump threatened an extra 10% tariffs on countries aligning themselves with the BRICS group of developing nations.Reuters
Mon, Jul 7
