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Interest Rate Cut Outlook: Bessent Bets Pre-September, Goldman Eyes September, Nonfarm Data Crucial
TradingKey - On Tuesday, July 1, U.S. Treasury Secretary Scott Bessent projected that the Federal Reserve would initiate a rate cut before September, emphasizing that President Trump’s tariff policies are unlikely to spur inflation as the Fed had anticipated. In line with this, Goldman Sachs forecasTradingKey
Wed, Jul 2
Netflix Explores Music Shows And Celebrity Interviews As Part Of Live TV Push - WSJ
July 2 (Reuters) - NETFLIX EXPLORES MUSIC SHOWS AND CELEBRITY INTERVIEWS AS PART OF LIVE TV PUSH - WSJNETFLIX HAS HELD CONVERSATIONS WITH SPOTIFY ABOUT PARTNERING ON NUMBER OF PROJECTS SUCH AS A MUSIC AWARDS SHOW OR A LIVE CONCERT SERIES - WSJSource text: https://tinyurl.com/22mddh6yReuters
Wed, Jul 2
EXPLAINER-How will the Dalai Lama's successor be chosen?
By Krishna N. Das DHARAMSHALA, India, July 2 (Reuters) - The choice of a successor to the Dalai Lama, the spiritual head of Tibetan Buddhists, is a matter of major interest not only for millions of followers of his religion, but also for China, India, and the United States, for strategic reasons...Reuters
Wed, Jul 2
Trump's ceasefire statement raises hopes in Gaza as Israel presses on with attacks
Trump says Israel has agreed to conditions for a ceasefireIsraeli minister says most of cabinet backs a dealHamas source says militants will study the proposalGazans hope a 60-day truce will lead to end of war By Nidal al-Mughrabi and Alexander Cornwell CAIRO/JERUSALEM, July 2 (Reuters) - Word fr...Reuters
Wed, Jul 2
NHTSA Opens Recall Query Into Est 299,000 Chrysler Vehicles In The US
July 2 (Reuters) - NHTSA: OPENS RECALL QUERY INTO EST 299,000 CHRYSLER VEHICLES IN THE USNHTSA: OPENS RECALL QUERY INTO CHRYSLER VEHICLES OVER ALLEGED SHIFTER CABLE BUSHING FAILURES AFTER INSTALLATION OF RECALL REMEDYSource text: https://tinyurl.com/bwddjwvhReuters
Wed, Jul 2
Tariffs Becoming an Inflationary Anchor? Powell Hints: Without Trump’s Tariff Policies, Rate Cuts Might Have Already Started
TradingKey – On the evening of July 1 (U.S. Eastern Time), all eyes were on the policy tug-of-war between Federal Reserve Chair Jerome Powell and President Donald Trump.TradingKey
Wed, Jul 2
EU presses China to push Iran towards nuclear deal
BRUSSELS, July 2 (Reuters) - The European Union will push China on Wednesday to use its influence as Iran's main oil buyer to press Tehran to make a deal over its nuclear programme and de-escalate conflict in the Middle East.In the wake of last month's U.S.-Israeli air strikes on Iran, the E...Reuters
Wed, Jul 2
Nissan to recall over 443,000 US vehicles citing engine failure, NHTSA says
July 2 (Reuters) - Nissan 7201.T is recalling 443,899 vehicles in the U.S. due to an engine failure, the U.S. National Highway Traffic Safety Administration said on Wednesday.The company identified a potential manufacturing defect in some engine components in the vehicles, which may cause engine dam...Reuters
Wed, Jul 2
UK watchdog to extend non-financial misconduct rules beyond banks
LONDON, July 2 (Reuters) - Britain's Financial Conduct Authority is to extend rules covering non-financial misconduct such as bullying and discrimination to beyond the banking industry, it said on Wednesday. The UK watchdog will also oversee how finance firms handle "serious, substantiated c...Reuters
Wed, Jul 2
Joint European defence borrowing could bolster euro's global role, ECB's Rehn says
Rehn says joint defence borrowing would create safe asset to boost euro's standingGerman fiscal plans encouraging sign, he saysEuro zone inflation at risk of falling below targetBy Balazs Koranyi SINTRA, Portugal, July 2 (Reuters) - Europe should pool its defence investments since that would ...Reuters
Wed, Jul 2
REFILE-Baidu launches AI video generator, overhauls search features
BEIJING, July 2 (Reuters) - China's Baidu 9888.HK on Wednesday launched an AI-driven video generator for businesses as well as a major upgrade to its search engine.The image-to-video model, called MuseSteamer, is capable of generating videos up to 10 seconds long and comes in three versions - Tu...Reuters
Wed, Jul 2
Ukrainian lawmaker says U.S. halt in missile shipments 'painful' for Ukraine
KYIV, July 2 (Reuters) - A Pentagon decision to halt some arms shipments to Ukraine including air-defence missiles is "painful" for Kyiv's effort to defend against Russian air strikes, a senior Ukrainian lawmaker said on Wednesday."This decision is certainly very unpleasant for us,&#...Reuters
Wed, Jul 2
Ireland adds 10,000 foreign multinational jobs in H1, up from 2024
DUBLIN, July 2 (Reuters) - Ireland has secured 179 investments from foreign multinational companies so far this year that are set to create 10,000 jobs, up from the 8,900 secured during the same period last year, the country's inward investment agency said on Wednesday.Ireland is hugely reliant ...Reuters
Wed, Jul 2
Germany, UK to sign mutual assistance defence pact, reports Politico
BERLIN, July 2 (Reuters) - Germany and Britain will sign a defence treaty which includes a mutual assistance clause in the event of a threat to either country on July 17, the Politico news outlet reported on Wednesday.British Prime Minister Keir Starmer and former German Chancellor Olaf Scholz had m...Reuters
Wed, Jul 2
Belarusian leader Lukashenko pardons 16 people, including some convicted of extremism, Belta reports
MOSCOW, July 2 (Reuters) - Belarusian President Alexander Lukashenko has pardoned 16 people convicted of various crimes, including extremism, ahead of the country's independence day, the state-run outlet Belta reported on Wednesday.Those pardoned include eight women and eight men, several of who...Reuters
Wed, Jul 2
Worldline hires new auditor to assess high-risk clients, media report says
PARIS, July 2 (Reuters) - French payments company Worldline WLN.PA has hired auditing firm Accuracy to assess its remaining portfolio of merchants engaged in risky activities, chairman Wilfried Verstraete told Les Echos newspaper.Last month, a group of 21 European media outlets alleged that Worldlin...Reuters
Wed, Jul 2
US charges two Chinese nationals with attempting to recruit US service members
By Christian MartinezJuly 1 (Reuters) - U.S. prosecutors have charged two Chinese nationals with acting as agents of China's security service, accusing them of gathering intelligence about U.S. Navy bases and trying to identify Navy members willing to spy for Beijing, the Justice Department sai...Reuters
Wed, Jul 2
