News
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US President Trump calls on Fed Governor Cook to resign
In a post published on Truth Social on Wednesday, United States (US) President Donald Trump called on Federal Reserve Governor Lisa Cook to resign, providing a link to a Bloomberg article that is titled "Trump Ally Calls on Bondi to Probe Fed’s Cook Over Mortgages." "The director of the Federal HousFxstreet
Wed, Aug 20
Rockwool Lowers 2025 Outlook
Aug 20 (Reuters) - Rockwool A/S ROCKb.CO:ROCKWOOL Q2 EBIT MARGIN 15.5%ROCKWOOL Q2 EBIT EUR 153 MILLIONROCKWOOL OUTLOOK FY EBIT MARGIN 16%ROCKWOOL Q2 SALES EUR 988 MILLION2025 REVENUE TO BE AT LEVEL WITH LAST YEAR IN LOCAL CURRENCIES,2025 EBIT MARGIN IS EXPECTED TO BE BELOW 16 PERCENT, CHANGED FROM P...Reuters
Wed, Aug 20
South Korean AI software company Upstage raises $45 million for US growth
By Keira WingateAug 20 - (The Insurer) - Upstage AI has raised a $45 million Series B bridge round to accelerate the rollout of its document automation tools for insurance companies, as the South Korean startup seeks to expand in the U.S. and other regulated markets.The funding, backed by Korea Deve...Reuters
Wed, Aug 20
Bpost Temporarily Pauses Postal Shipments To US
Aug 20 (Reuters) - Bpost SA BPOST.BR:BPOST IS TEMPORARILY PAUSING POSTAL SHIPMENTS TO UNITED STATESEFFECTIVE FROM AUGUST 23FOLLOWING A RECENT CHANGE IN CUSTOMS AND TARIFFS RULES FOR U.S., ELIMINATING DE MINIMIS EXEMPTION FOR INBOUND GOODSDE MINIMIS EXEMPTION IS A U.S. TRADE RULE THAT ALLOWS LOW-VALU...Reuters
Wed, Aug 20
RPT-ANALYSIS-Air Canada labor deal may reshape pay for North American airline crews
Tentative deal ends unpaid work for Air Canada flight attendants, union saysStrike reflects broader unrest over unpaid labor in airline industryAirlines face higher costs from new compensation models, analysts sayBy Allison Lampert and Rajesh Kumar Singh MONTREAL/CHICAGO, Aug 20 (Reuters) - A cri...Reuters
Wed, Aug 20
ANALYSIS-Air Canada labor deal may reshape pay for North American airline crews
Tentative deal ends unpaid work for Air Canada flight attendants, union saysStrike reflects broader unrest over unpaid labor in airline industryAirlines face higher costs from new compensation models, analysts sayBy Allison Lampert and Rajesh Kumar Singh MONTREAL/CHICAGO, Aug 20 (Reuters) - A cri...Reuters
Wed, Aug 20
Nordic, Belgian postal operators pause shipments to US as Trump ends parcel tariff relief
STOCKHOLM, Aug 20 (Reuters) - Norwegian, Swedish-Danish and Belgian postal groups Posten Bring, PostNord and bpost are pausing parcel shipments to the United States ahead of the scrapping of a U.S. customs tax loophole that allows duty-free entry for low-value packages, they said on Wednesday. ...Reuters
Wed, Aug 20
Japan's July Exports Record Biggest Drop in Four Years; Exports to the US Decline for Fourth Consecutive Month
TradingKey - On Wednesday, August 20, Japan's Ministry of Finance released trade data showing that July exports fell by a larger-than-expected 2.6% year-on-year, marking the steepest decline since February 2021. Notably, exports to the US fell for the fourth consecutive month with a 10.1% year-on-yeTradingKey
Wed, Aug 20
Swatch ad that sparked backlash puts focus on risky campaigns amid diversity rollbacks
Companies using risky ads amid rollbacks of diversity programs Ads criticized for promoting white-centric ideals, controversial endorsersExperts warn that risky ads may harm brand reputation long-termBy Samantha Marshak and Julaiza Alvarez Aug 20 (Reuters) - In an era of short attention spans and...Reuters
Wed, Aug 20
Champion Breweries To Acquire Bullet From Sun Mark International Limited
Aug 20 (Reuters) - Champion Breweries PLC CHAMPIO.LG:CHAMPION BREWERIES: AGREEMENT TO ACQUIRE BULLET FROM SUN MARK INTERNATIONAL LIMITEDCHAMPION BREWERIES: POST-DEAL, CO TO HOLD MAJORITY INTEREST IN NEW BUSINESS, WHILE VINAR N.V, WILL HOLD MINORITY STAKEReuters
Wed, Aug 20
Rocket Pharmaceuticals Announces FDA Has Lifted The Clinical Hold On The Pivotal Phase 2 Trial Of Rp-A501 For The Treatment Of Danon Disease
Aug 20 (Reuters) - Rocket Pharmaceuticals Inc RCKT.O:ROCKET PHARMACEUTICALS ANNOUNCES FDA HAS LIFTED THE CLINICAL HOLD ON THE PIVOTAL PHASE 2 TRIAL OF RP-A501 FOR THE TREATMENT OF DANON DISEASEROCKET PHARMACEUTICALS INC - FDA AUTHORIZES STUDY RESUMPTION WITH RECALIBRATED DOSEROCKET PHARMACEUTICALS- ...Reuters
Wed, Aug 20
Goodfood Announces CEO Transition And New Board Chair
Aug 20 (Reuters) - Goodfood Market Corp FOOD.TO:GOODFOOD ANNOUNCES CEO TRANSITION AND NEW BOARD CHAIRGOODFOOD MARKET CORP - JONATHAN FERRARI STEPS DOWN AS CEO AND CHAIR OF GOODFOODGOODFOOD MARKET CORP - SELIM BASSOUL APPOINTED CHAIR OF GOODFOOD BOARDGOODFOOD MARKET CORP - JONATHAN FERRARI TO REMAIN ...Reuters
Wed, Aug 20
Enanta Pharmaceuticals Files Patent Infringement Suit Against Pfizer In The Unified Patent Court Of The European Union
Aug 20 (Reuters) - Enanta Pharmaceuticals Inc ENTA.O:ENANTA PHARMACEUTICALS FILES PATENT INFRINGEMENT SUIT AGAINST PFIZER IN THE UNIFIED PATENT COURT OF THE EUROPEAN UNIONReuters
Wed, Aug 20
Air Canada set to resume flights as cabin crew return to work
Aug 20 (Reuters) - Air Canada is set to resume its flight services on Wednesday, after a nearly four-day strike by its unionized flight attendants left more than 500,000 passengers stranded."While the restart of our operations will begin immediately, we expect it will take several days before ou...Reuters
Wed, Aug 20
