News
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India bars Jane Street from its securities market, citing manipulation of stock indexes
India's SEBI passes interim order against Jane StreetBars Jane Street from buying, selling in Indian markets; imposes fineAlleges Jane Street manipulated stock indexes through large derivative positionsSEBI says manipulation by Jane Street hurt small investorsBy Jayshree P Upadhyay, Ira Dugal, ...Reuters
Fri, Jul 4
Remy Cointreau Sees China's Ruling On EU Brandy Duties As 'More Favourable Outcome'
July 4 (Reuters) - Remy Cointreau SA RCOP.PA:PRICE UNDERTAKING AGREEMENT IN CHINA FOR RÉMY COINTREAUCERTAIN COGNAC STAKEHOLDERS AFFECTED BY PROCEDURE COMMIT, EACH ACCORDING TO THEIR OWN TERMS, TO COMPLY WITH MINIMUM IMPORT PRICE IN CHINACHINA AGREEMENT REPRESENTS SIGNIFICANTLY MORE FAVORABLE OUTCOME...Reuters
Fri, Jul 4
First international airline lands at Tehran airport since flight suspension, IRNA reports
July 4 (Reuters) - FlyDubai became the first international carrier to land at Tehran's Imam Khomeini Airport on Friday at the end of a 20-day suspension of flights that was imposed due to Israeli attacks on Iran, the official IRNA news agency reported.The arrival of Flight FZ1930 at Iran's b...Reuters
Fri, Jul 4
Guy Carp launches London poaching suit against Willis Re
By Ryan HewlettJuly 4 - (The Insurer) – Guy Carpenter has launched legal action against Willis Re and several senior Willis Group executives over the recent attempted mass raid on its London and Bermuda operations.Guy Carp and Marsh file in London after Willis Re June team raidsSuit names former GC ...Reuters
Fri, Jul 4
TSMC to delay Japan chip plant and prioritise US to avoid tariffs, WSJ reports
July 4 (Reuters) - Taiwan's TSMC 2330.TW plans to delay its chip plant project in Japan and prioritise operations in the United States to avoid tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Friday.Reuters
Fri, Jul 4
Sales of foreign branded phones in China down 9.7% in May-CAICT
BEIJING, July 4 (Reuters) - Sales of foreign-branded mobile phones in China, including those from Apple Inc AAPL.O, decreased by 9.7% in May, according to data released by a government-affiliated research company on Friday.Shipments of foreign branded phones including Apple iphones were down to 4.54...Reuters
Fri, Jul 4
Motor racing-American Mayer announces candidacy for FIA president
By Alan BaldwinSILVERSTONE, England, July 4 (Reuters) - American Tim Mayer announced on Friday that he would stand against incumbent Mohammed Ben Sulayem in a December vote for president of the FIA, motorsport's world governing body.The 59-year-old, a former Formula One steward and son of former...Reuters
Fri, Jul 4
Chinese ruling good news for French cognac industry, sources say
PARIS, July 4 (Reuters) - China's ruling on EU brandy imports is good news for the French cognac industry because it means there will be no anti-dumping duties for all those companies that stick to their minimum import price commitments, three industry sources told Reuters on Friday.Reuters
Fri, Jul 4
INSIGHT-Under pressure, Hezbollah weighs scaling back its arsenal
Hezbollah undertakes strategic review, considers giving up more weapons, sources sayIsraeli strikes, financial squeeze add to pressures on groupKeeping part of its arsenal could fuel tensions with Lebanese rivals Hezbollah retains support of key constituents despite war lossesBy Laila Bassam and May...Reuters
Fri, Jul 4
Israeli military prepares plan to ensure Iran cannot threaten Israel, defence minister says
DUBAI, July 4 (Reuters) - The Israeli military is preparing an enforcement plan to "ensure that Iran cannot return to threaten Israel", Israeli Defence Minister Israel Katz told senior military officials.He said the military must be prepared, both in intelligence and operations, to ensure Is...Reuters
Fri, Jul 4
Euro zone bond yields lower as recovery from gilt sell-off continues
LONDON, July 4 (Reuters) - Euro zone bond yields were lower on Friday as the recovery in the bloc's bond markets continued following the gilt-induced sell-off on Wednesday, while focus was turning to U.S. President Donald Trump's April 9 tariff deadline. Germany's 10-year benchmark bund ...Reuters
Fri, Jul 4
China warns India against interfering in Tibet matters
BEIJING, July 4 (Reuters) - China hopes India will stop using Tibet issues to interfere in domestic affairs and avoid affecting the development of ties, its foreign ministry said on Friday. A senior Indian minister said on Thursday only the Dalai Lama and the trust he set up have the authority to i...Reuters
Fri, Jul 4
RPT-For retailers, US-Vietnam trade deal leaves questions
Vietnam garment factories rely on fabric, items made in ChinaUnclear yet how trade deal will affect Nike and AdidasUS imported 274 million pairs of shoes from Vietnam last year, group saysBy Helen Reid LONDON, July 3 (Reuters) - A trade deal announced by the U.S. and Vietnam creates new question ...Reuters
Fri, Jul 4
Yaskawa Electric Corp - Revised Full-Year Earnings Forecast For FY Ending February 2026 Because Of Increased Uncertainty About Demand Outlook Due To Impact Of U.S. Tariff Policies
July 4 (Reuters) - Yaskawa Electric Corp 6506.T:YASKAWA ELECTRIC CORP - REVISED FULL-YEAR EARNINGS FORECAST FOR FY ENDING FEBRUARY 2026 BECAUSE OF INCREASED UNCERTAINTY ABOUT DEMAND OUTLOOK DUE TO IMPACT OF U.S. TARIFF POLICIESReuters
Fri, Jul 4
Israeli military preparing enforcement plan to ensure Iran no longer threatens Israel, defense minister says
DUBAI, July 4 (Reuters) - The Israeli military is preparing an enforcement plan to "ensure that Iran cannot return to threaten Israel", Israeli Defense Minister Israel Katz told senior military officials on Thursday.Reuters
Fri, Jul 4
Ukraine's Zelenskiy says Russia's overnight attack is cynical, one of largest yet
KYIV, July 4 (Reuters) - The latest overnight Russian attack on Ukraine was one of the largest yet, and Russia will not stop its strikes without large-scale pressure, Ukraine's President Volodymyr Zelenskiy said on Friday."For every such strike against people and human life, they must feel a...Reuters
Fri, Jul 4
India's BSE, Angel One, Nuvama Wealth slide after SEBI bars Jane Street
** BSE BSEL.NS slips 3.7%; Nuvama Wealth Management NUVA.NS and Angel One ANGO.NS slide ~5% each; Central Depository Services (India) CENA.NS down 2%** SEBI bars U.S. trading company Jane Street from market, saying probe found co manipulated stock indexes through positions in derivatives** News of S...Reuters
Fri, Jul 4
Liverpool FC insurance coverage under scrutiny after Jota's fatal crash
By Michael Jones July 3 - (The Insurer) - Insurance industry exposure to the death of Liverpool Football Club's Diogo Jota will be based on whether the club has purchased 24 hour personal accident cover with accidental death, multiple insurance market sources told The Insurer.Most clubs opt f...Reuters
Fri, Jul 4
Yum Brands in talks to merge its two Indian franchisees, Economic Times reports
July 4 (Reuters) - Yum Brands YUM.N, the American owner of fast food restaurant chains KFC and Pizza Hut, is in talks to facilitate a merger of its Indian franchisees Devyani International DEVY.NS and Sapphire Foods SAPI.NS, the Economic Times reported on Friday, citing people aware of the developme...Reuters
Fri, Jul 4
Nextil Signs MoU With U.S. Swimwear Company
July 4 (Reuters) - Nueva Expresion Textil SA NXTE.MC:SIGNS MOU WITH LEADING U.S. SWIMWEAR COMPANY WITH AIM OF ESTABLISHING LONG-TERM STRATEGIC PARTNERSHIPMOU THROUGH SUBSIDIARY NEXTIL ELASTIC FABRICS GUATEMALAAGREEMENT AIMS TO ACHIEVE MINIMUM PRODUCTION OF 3 TO 4 MILLION YARDS PER YEAR FOR NEXTILMOU...Reuters
Fri, Jul 4
Cadbury-parent Mondelez calls for delay to EU deforestation law
July 4 (Reuters) - Cadbury chocolate maker Mondelez MDLZ.O is urging a one-year delay in the implementation of the European Union's deforestation law, a senior company executive said. The company supports the EU Deforestation Regulation (EUDR) in principle, Massimiliano Di Domenico, vice preside...Reuters
Fri, Jul 4
MJ Gleeson Expects FY2025 PBT & Exceptional Items 21 Mln Stg to 22.5 Mln Stg
July 4 (Reuters) - MJ Gleeson PLC GLEG.L:MJ GLEESON PLC - TRADING STATEMENTMJ GLEESON PLC - MARK KNIGHT STEPS DOWN AS CHIEF EXECUTIVE OF GLEESON HOMESMJ GLEESON PLC: HOUSING MARKET LACKS CONFIDENCE AND REMAINS SUBDUED AND BOARD DOES NOT SEE A SHORT-TERM CATALYST FOR ANY SUBSTANTIAL IMPROVEMENTMJ GL...Reuters
Fri, Jul 4
Alstom wins 2 billion euro deal from New York Metropolitan Transportation Authority
July 4 (Reuters) - French train maker Alstom ALSO.PA said on Friday it had received a 2 billion euro ($2.4 billion) order from the New York Metropolitan Transportation Authority to supply M-9A rail cars for the Long Island Rail Road and Metro-North Railroad.The contract will be booked in the second ...Reuters
Fri, Jul 4
