News
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Blow for Thailand's government as court suspends PM from duty
Paetongtarn hit by protests, calls to resign Shinawatra family's political dominance testedPaetongtarn says true intention was to save lives, protect sovereigntyInfluential father Thaksin facing legal cases in 2 courtsBy Panu Wongcha-um and Panarat Thepgumpanat BANGKOK, July 1 (Reuters) - Tha...Reuters
Tue, Jul 1
Danish citizen arrested on suspicion of spying for Iran, German prosecutors say
BERLIN, July 1 (Reuters) - A Danish national has been arrested on suspicion of spying for Iran, with the aim of collecting information on Jewish sites and individuals in Berlin, said German prosecutors on Tuesday.Prosecutors said the man, who they named as only Ali S under German privacy law, spied ...Reuters
Tue, Jul 1
EXPLAINER-How will the Dalai Lama's successor be chosen?
By Krishna N. Das DHARAMSHALA, India, July 1 (Reuters) - The choice of a successor to the Dalai Lama, the spiritual head of Tibetan Buddhists, is a matter of riveting interest not only for followers of his religion, but also China, India, and the United States, for strategic reasons.The Nobel pe...Reuters
Tue, Jul 1
Food supplies to some Sudan refugees could dry up within two months, WFP says
GENEVA, July 1 (Reuters) - Food aid to help Sudanese refugees in four neighbouring countries could end within the next couple of months without an urgent injection of new funding, a World Food Programme official said on Tuesday, warning of rising malnutrition levels."Unless new funding is secure...Reuters
Tue, Jul 1
Deals of the day-Mergers and acquisitions
July 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** BMS Group announced it has completed the acquisition of Queensland-based Corporate and Commercial Insurance Brokers.nL6N3SY0FG ** Italy's Leonardo will buy ...Reuters
Tue, Jul 1
Nio Provides June And Second Quarter 2025 Delivery Update
July 1 (Reuters) - NIO Inc 9866.HK:NIO INC. PROVIDES JUNE AND SECOND QUARTER 2025 DELIVERY UPDATENIO INC - DELIVERS 24,925 VEHICLES IN JUNE 2025, UP 17.5% YOYNIO INC - DELIVERS 72,056 VEHICLES IN Q2 2025, UP 25.6% YOYNIO INC - CUMULATIVE DELIVERIES REACH 785,714 AS OF JUNE 30, 2025Reuters
Tue, Jul 1
BNP Paribas completes AXA IM acquisition, in talks with supervisors on capital hit
BNP Paribas faces capital ratio hit post-acquisitionRegulators oppose favorable capital treatment for BNP's acquisitionBNP to update on deal progress in October results LONDON, July 1 (Reuters) - BNP Paribas BNPP.PA said on Tuesday it had completed the takeover of AXA Investment Managers, cre...Reuters
Tue, Jul 1
Jiangnan Mould & Plastic Technology's Unit Received Orders From North American EV Company
July 1 (Reuters) - Jiangnan Mould & Plastic Technology Co Ltd 000700.SZ:SAYS UNIT MINGHUA DE MEXICO RECEIVED ORDERS FOR EXTERIOR PARTS FOR NORTH AMERICAN EV COMPANY，TOTAL SALES EXPECTED AT 1.2 BILLION YUAN ($167.57 million)Source textFurther company coverage: 000700.SZ($1 = 7.1614 Chinese yuan r...Reuters
Tue, Jul 1
FAW Jiefang To Set Up Units In Eight Countries Including Indonesia, Vietnam
July 1 (Reuters) - FAW Jiefang Group Co Ltd 000800.SZ:SAYS IT PLANS TO SET UP UNITS IN EIGHT COUNTRIES INCLUDING INDONESIA, VIETNAM, SAUDI ARABIA AND MEXICO, TOTAL INVESTMENT AT 498 MILLION YUAN ($69.54 million)Source textFurther company coverage: 000800.SZ($1 = 7.1614 Chinese yuan renminbi)Reuters
Tue, Jul 1
COLUMN-Corporate spending binge could spur long-term US growth: Guild
By Stephanie GuildNEW YORK, July 1 (Reuters) - U.S. equity investors currently have little trouble constructing a bearish market view, with rising tariffs, potential inflationary pressure, destructive global conflicts, lofty valuations and high government deficits. The list goes on. But there is one...Reuters
Tue, Jul 1
Canadian teen jailed in Poland as Russia spy may be freed early, court says
WARSAW, July 1 (Reuters) - A Canadian teenager sentenced in Poland last year to 20 months in prison for spying for Russia could be released early under certain conditions, a Polish court said on Tuesday. A statement by the court did not give details of the possible conditional release. Europe is in ...Reuters
Tue, Jul 1
Accelerant files for NYSE listing amid US insurance IPO surge
By Scott VincentJuly 1 - (The Insurer) - U.S. specialty platform Accelerant Holdings said it had filed for an initial public offering on the New York Stock Exchange on Monday, the latest in a series of industry listings during 2025. Accelerant said it was intending to list an as yet undisclosed amo...Reuters
Tue, Jul 1
EXCLUSIVE-USAID cancelled rape survivor kits for Congo as conflict erupted
Thousands of rape survivors in Congo lack access to vital post-rape kitsUSAID contract cancellation disrupts supply chain amid escalating violenceUNFPA seeks $35 million to mitigate US funding loss for rape survivor careBy Jessica Donati, Sonia Rolley July 1 (Reuters) - U.S. President Donald ...Reuters
Tue, Jul 1
PREVIEW-Tesla quarterly deliveries seen falling again
Q2 Tesla deliveries seen falling 11% y-o-y on averageDemand weak in Europe, China amid competition, Musk backlashAnalysts expect sales to fall 8% in 2025By Akash Sriram and Abhirup Roy July 1 (Reuters) - Tesla TSLA.O is expected to report another fall in quarterly deliveries on Wednesday as the b...Reuters
Tue, Jul 1
Israeli officials to hold ceasefire talks in Washington amid military escalation in Gaza
Netanyahu aide to hold ceasefire talks in WashingtonNetanyahu is due to visit the White House next weekHamas says it will never surrender, ready for a ceasefire dealBy Nidal al-MughrabiCAIRO, July 1 (Reuters) - Israeli planes and tanks struck heavily in north and south Gaza on Tuesday, destroying cl...Reuters
Tue, Jul 1
Goldman Sachs raises Fed rate cut forecast to three in 2025
July 1 (Reuters) - Goldman Sachs on Monday raised its projection for U.S. interest rates in 2025 to three-quarter-point cuts because of muted tariff effects and labor market weakness.The Wall Street brokerage expects rate cuts of 25 basis points each in September, October and December. It had earlie...Reuters
Tue, Jul 1
BMS continues Australian broker deal as international M&A push continues
By Rebecca DelaneyJuly 1 - (The Insurer) - BMS Group announced on Tuesday it has completed the acquisition of Queensland-based Corporate and Commercial Insurance Brokers.Founded in 2006, Corporate and Commercial Insurance Brokers provides risk management advice and insurance broking services to larg...Reuters
Tue, Jul 1
Barclays appoints new chief operating officers
LONDON, July 1 (Reuters) - Barclays BARC.L on Tuesday said chief operating officer Alistair Currie will leave the bank, to pursue roles on the boards of other companies.The bank said Craig Bright, its chief information officer, and former Goldman Sachs banker Anne Marie Darling would assume the role...Reuters
Tue, Jul 1
Shanghai Yongmaotai Automotive Technology's Units To Invest In Auto Parts Manufacture Base Project
July 1 (Reuters) - Shanghai Yongmaotai Automotive Technology Co Ltd 605208.SS:SAYS UNITS TO INVEST AROUND 450 MILLION YUAN ($62.84 million) TO BUILD AUTO PARTS MANUFACTURE BASE IN MEXICOSource textFurther company coverage: 605208.SS($1 = 7.1613 Chinese yuan renminbi)Reuters
Tue, Jul 1
