News
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U.S. Justice Dept: Stantec to pay $4mln to resolve allegations it falsified EPA grant applications
July 7 (Reuters) - U.S. JUSTICE DEPARTMENT SAYS STANTEC INC. AGREES TO PAY $4M TO RESOLVE ALLEGATIONS THAT IT VIOLATED THE FALSE CLAIMS ACT BY SUBMITTING FALSE CERTIFICATIONS TO THE EPA IN GRANT APPLICATIONSSource text: https://tinyurl.com/2fe2x3k9Reuters
Mon, Jul 7
Motor racing-Ben Sulayem says F1 could have V8 engines as soon as 2029
By Alan Baldwin July 7 (Reuters) - Formula One could go back to using noisy V8 engines with fully sustainable fuel by 2029 at the earliest, according to FIA president Mohammed Ben Sulayem.The sport is entering a new engine era next season but the head of the governing body suggested last February...Reuters
Mon, Jul 7
Tennis-Teenager Andreeva sets up Wimbledon quarter-final clash with Bencic
By Christian RadnedgeLONDON, July 7 (Reuters) - Russian seventh seed Mirra Andreeva powered her way into her first Wimbledon quarter-final with a 6-2 6-3 win over American 10th seed Emma Navarro on Monday, becoming the youngest player in the last eight of the women's singles since 2005. The 18-y...Reuters
Mon, Jul 7
White House: 12 other countries to receive trade letters
WASHINGTON, July 7 (Reuters) - Twelve other countries will receive trade letters which will be posted on President Donald Trump's Truth Social platform, White House press secretary Karoline Leavitt told reporters on Monday.Leavitt said Trump will also sign an executive order later in the day for...Reuters
Mon, Jul 7
Tech industry lawyer Neel Chatterjee leaves law firm Goodwin for King & Spalding
By Sara Merken July 7 (Reuters) - Neel Chatterjee, a technology lawyer whose clients have included Facebook, Oracle and LinkedIn, has left law firm Goodwin Procter to join rival King & Spalding, his new firm said on Monday. Chatterjee, a Silicon Valley-based partner who helped organize...Reuters
Mon, Jul 7
Brazil's Lula calls Trump's BRICS tariff threat "irresponsible"
RIO DE JANEIRO, July 7 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Monday it was "irresponsible" for U.S. President Donald Trump to threaten countries with tariffs while on social media, adding that other nations have the right to reciprocate.Answering questions from jo...Reuters
Mon, Jul 7
Tennis-Shelton gets one up on dad as he battles to Wimbledon quarter-finals
By Mitch PhillipsLONDON, July 7 - American 10th seed Ben Shelton reached the Wimbledon quarter-finals for the first time on Monday when a 3-6 6-1 7-6 (1) 7-5 victory over Italian Lorenzo Sonego also gave him the family bragging rights.Thirty-one years ago Shelton’s father and current coach Bryan los...Reuters
Mon, Jul 7
US Treasury says 13-week, 26-week bill auctions to close at 1430 ET
NEW YORK, July 7 (Reuters) - The U.S. Treasury said on Monday the competitive portions of the 13-week and 26-week bill auctions will close at 1430 ET/1830 GMT following a technical issue earlier in the session.The competitive results for the $82-billion 13-week and the $73-billion sale in 26-week bi...Reuters
Mon, Jul 7
EU won't get letter from US setting out higher tariffs, EU sources say
BRUSSELS, July 7 (Reuters) - The European Union will not be receiving a letter from the United States setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday.U.S. President Donald Trump said earlier in the day that the U.S. would impose a 25% tariff on imports from Jap...Reuters
Mon, Jul 7
Gray Media And Scripps Agree To Swap Television Stations
July 7 (Reuters) - Gray Media Inc GTN.N:GRAY MEDIA AND SCRIPPS AGREE TO SWAP TELEVISION STATIONSGRAY MEDIA INC - SWAP INVOLVES EVEN EXCHANGE, NO CASH CONSIDERATIONGRAY MEDIA INC: CO, SCRIPPS TO SWAP TELEVISION STATIONS ACROSS FIVE MID-SIZED AND SMALL MARKETSReuters
Mon, Jul 7
Ireland hopeful of EU-US framework deal on trade this week
DUBLIN, July 7 (Reuters) - European Union member state Ireland remains hopeful that the bloc can reach a framework deal on trade with the U.S. this week, its prime minister said after a call with European Commission President Ursula von der Leyen."We remain hopeful that the U.S. and European Uni...Reuters
Mon, Jul 7
Private delivery firms eye bigger market share as strikes plague Canada Post
Labor turmoil at Canada Post forces small businesses to turn to private carriersCanada Post's market share drops to 27% in 2024 from 62% in 2019Co's share could drop into teens by December 2026 - analystBy Abhinav Parmar July 7 (Reuters) - UPS, FedEx and other private parcel carriers are ...Reuters
Mon, Jul 7
Trump to Brazil: 'Leave Bolsonaro alone'
WASHINGTON/SAO PAULO, July 7 (Reuters) - U.S. President Donald Trump defended former Brazilian President Jair Bolsonaro on Monday in a social media post that said his former ally was the victim of a "witch hunt," a term Trump has used to describe his own treatment by political opponents.Bols...Reuters
Mon, Jul 7
Jane Street to contest Indian regulator's manipulation charges, FT reports
July 7 (Reuters) - Jane Street plans to contest a finding by India's financial regulator that the U.S. trading firm engaged in "an intentional, well planned, and sinister scheme" to manipulate the country's markets, the Financial Times reported on Monday.Reuters could not immediately...Reuters
Mon, Jul 7
BREAKINGVIEWS-Elon Musk turns Tesla’s political risk dial to 11
By Jonathan Guilford NEW YORK, July 7 (Reuters Breakingviews) - When something isn’t working, Elon Musk’s instinct is to push even harder. The Tesla TSLA.O boss has taken plenty of risks against lengthening odds over the years, from betting the electric carmaker on the “development hell” of buil...Reuters
Mon, Jul 7
Apple, Masimo spar over Apple Watch import ban at US appeals court
By Blake Brittain July 7 (Reuters) - Apple AAPL.O asked a U.S. appeals court on Monday to overturn a trade tribunal's decision which forced it to remove blood-oxygen reading technology from its Apple Watches, in order to avoid a ban on its U.S. smartwatch imports.A three-judge panel of the U....Reuters
Mon, Jul 7
Trump to hold off on new 10% BRICs tariffs if countries change 'anti-American' policies - source
WASHINGTON, July 7 (Reuters) - The Trump administration does not intend to immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if individual countries take so-called "anti-American" policy actions, according to a source familiar with the ...Reuters
Mon, Jul 7
U.S. RESEARCH ROUNDUP-Analog Devices, Constellation Brands, Phibro Animal Health
July 7 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Analog Devices, Constellation Brands and Phibro Animal Health, on Monday. HIGHLIGHTS* Analog Devices Inc ADI.O: Citigroup raises target price to $290 from $260* Cons...Reuters
Mon, Jul 7
EU's von der Leyen defends record in face of censure motion
European Commission chief hits back at far-right criticismMotion sponsor blasts EU decision-making as 'opaque'Von der Leyen pledges to work closely with European ParliamentDebate exposes tensions among von der Leyen's centrist backers BRUSSELS, July 7 (Reuters) - European Commission P...Reuters
Mon, Jul 7
Medical groups sue HHS, RFK Jr. over vaccine policy
July 7 (Reuters) - Several leading medical organizations on Monday filed a suit against the U.S. Department of Health and Human Services and its Secretary Robert F. Kennedy Jr., arguing that the current policies on COVID-19 vaccine pose an imminent threat to public health.The group that includes the...Reuters
Mon, Jul 7
