News
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Canadian companies diversify trade during US tariff war but experts see limits
Canada increases exports to UK, Europe, AustraliaGold exports to UK surge amid US trade tensionsUS remains dominant despite diversification effortsBy Promit Mukherjee OTTAWA, July 9 (Reuters) - Canadian companies are boosting trade with allies other than the U.S. and with smaller markets to minim...Reuters
Wed, Jul 9
ANALYSIS-Judges keep blocking Trump's policies despite US Supreme Court injunction curbs
US Supreme Court's injunction ruling did not cover class actionsJudges have cited exceptions to ruling to keep blocking Trump policiesNew Hampshire judge to weigh blocking Trump's birthright citizenship order nationallyBy Tom Hals and Nate Raymond July 9 (Reuters) - President Donald Trump...Reuters
Wed, Jul 9
Faith over fear: Haitian immigrants in Springfield stand firm as Trump threatens deportation
Haitians in Springfield worry about deportation after DHS moved to revoke legal statusMany Haitians banking on pending asylum claims to avoid uprooting lives and losing jobsImmigrants say Haiti is not safe for return due to gang violenceBy Nathan Layne SPRINGFIELD, Ohio, July 9 (Reuters) - Accomp...Reuters
Wed, Jul 9
A new Superman bounds onto the big screen
By Rollo RossLOS ANGELES, July 9 (Reuters) - Actor David Corenswet feels a connection with the classic DC comic book character Superman that he portrays in the 2025 James Gunn directed film “Superman.” The character Superman is known in the comic books for his identity problems, namely his double l...Reuters
Wed, Jul 9
ANALYSIS-Nine months in, Starbucks CEO faces tall order in turnaround
Niccol's initiatives include simplified menu and staffing increasesInvestors hesitant due to lack of financial targets and stock stagnationUnion criticizes new policies; Schultz supports Niccol's leadershipBy Waylon Cunningham July 9 (Reuters) - Starbucks CEO Brian Niccol earned a reputat...Reuters
Wed, Jul 9
KBW’s Shields: Q2 earnings calls to focus on pricing, loss trends, reserves and capital deployment
By David BullJuly 8 - (The Insurer) - With the Q2 P&C earnings season set to get underway next week, the main areas of focus on calls with analysts are likely to be pricing, loss trends, reserve development and capital deployment, KBW’s Meyer Shields said in a preview note.The analyst said that ...Reuters
Wed, Jul 9
Musk's Starlink receives India's final regulatory nod for launch, sources say
By Munsif Vengattil, Aditi Shah and Nivedita Bhattacharjee BENGALURU, July 9 (Reuters) - Starlink has received a license from India's space regulator to launch commercial operations in the country, clearing the only remaining regulatory hurdle for the satellite provider to enter the market, t...Reuters
Wed, Jul 9
Advance Zinctek Does Not Expect Negative Impact On U.S. Business
July 9 (Reuters) - Advance ZincTek Ltd ANO.AX:DOES NOT EXPECT NEGATIVE IMPACT ON U.S. BUSINESSANO DOES NOT EXPECT ANY NEGATIVE IMPACT ON ITS U.S. BUSINESS AT THIS STAGEUPDATES ON TARIFFS ANNOUNCED BY TRUMP ADMINISTRATIONANO COULD CONCEIVABLY CONSIDER RELOCATING TO USA IF REQUIREDReuters
Wed, Jul 9
Deals of the day-Mergers and acquisitions
June 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Merck is nearing a $10 billion deal to buy lung diseases focussed Verona Pharma , as the U.S. drugmaker is eyeing deals to offset the upcoming patent ...Reuters
Wed, Jul 9
DOJ questions former UnitedHealth employees over Medicare billing practices, WSJ reports
July 9 (Reuters) - Investigators from the U.S. Department of Justice are questioning former employees of UnitedHealth Group UNH.N over how the company deployed doctors and nurses to gather diagnoses that bolstered its Medicare payments, the Wall Street Journal reported on Wednesday, citing people fa...Reuters
Wed, Jul 9
Kremlin says it's unclear if CNN report that Trump threatened to bomb Moscow is fake or not
MOSCOW, July 9 (Reuters) - The Kremlin said on Wednesday that it was not sure of the veracity of a CNN article that reported U.S. President Donald Trump had once threatened to bomb Moscow to deter Russian President Vladimir Putin from attacking Ukraine.CNN's report cited audio recordings of Trum...Reuters
Wed, Jul 9
EU working closely to get trade deal with US, ready for all scenarios, von der Leyen says
BRUSSELS, July 9 (Reuters) - The European Union is working closely with U.S. President Donald Trump's administration to reach a trade deal, but Brussels is getting ready for all scenarios, European Commission President Ursula von der Leyen said on Wednesday."We stick to our principles, we de...Reuters
Wed, Jul 9
The Justice Department Is Investigating Unitedhealth Group's Medicare Billing, Focusing On Diagnosis Documentation - WSJ
July 9 (Reuters) - THE JUSTICE DEPARTMENT IS INVESTIGATING UNITEDHEALTH GROUP’S MEDICARE BILLING, FOCUSING ON DIAGNOSIS DOCUMENTATION - WSJINVESTIGATORS ARE QUESTIONING FORMER UNITEDHEALTH EMPLOYEES ABOUT EFFORTS TO RECORD SPECIFIC DIAGNOSES THAT GENERATE HIGHER PAYMENTS- WSJPROBE INTO UNITEDHEALTH ...Reuters
Wed, Jul 9
Volkswagen Q2 deliveries rise slightly despite drop in US demand
July 9 (Reuters) - Volkswagen VOWG.DE saw a 1.2% gain in global sales volumes in the second quarter despite a drop in U.S. demand and ongoing tariff uncertainty, thanks to strong uptake in its all-electric offering in Europe, the carmaker said on Wednesday.Reuters
Wed, Jul 9
REUTERS NEXT-ONE Championship president says IPO always part of the plan
SINGAPORE, July 9 (Reuters) - Mixed martial arts promotion company ONE Championship's Co-Founder and Group President Hua Fung Teh said on Wednesday that launching an initial public offering has always been part of the company's plan. "We have definitely been in conversations with exc...Reuters
Wed, Jul 9
EXCLUSIVE-Ambani's Reliance Jio delays India IPO, 2025 listing not on cards, sources say
Reliance was eyeing 2025 Jio listing to be India's biggest everFirm not planning listing this year, no banker appointed-sourcesOne source says retail unit IPO not likely before 2027 or 2028Ambani had said in 2019 he was targeting IPOs in five yearsBy Aditya Kalra and Scott Murdoch NEW DELHI/S...Reuters
Wed, Jul 9
Taiwan launches biggest war games with simulated attacks against military command
Taiwan's military drills focus on decentralising commandExercises include HIMARS, Sky Sword missiles, 22,000 reservists China dismisses drills as bluff, says Taiwan can't resist PLABy Yimou Lee TAIPEI, July 9 (Reuters) - Taiwan launched its largest ever military drills on Wednesday, start...Reuters
Wed, Jul 9
Oak Re expands leadership team with strategic appointments
By Navneeta NandanJuly 9 - (The Insurer) - Oak Reinsurance unveiled several promotions and cross-segment roles on Wednesday as the Lloyd's startup continues its leadership build-out.This includes the promotion of Sarah Walcott to the role of director of underwriting for property.She will report ...Reuters
Wed, Jul 9
Russia says it captured another east Ukrainian village, struck military airfields
MOSCOW, July 9 (Reuters) - Russia's defence ministry said on Wednesday that its forces have captured the village of Tolstoi, in Ukraine's eastern Donetsk region.In a statement, the ministry also said that it had hit Ukrainian military airfields in strikes overnight.Reuters
Wed, Jul 9
Kokusai Electric - Applied Materials To Become New Largest Shareholder After KKR Stake Sale
July 9 (Reuters) - Kokusai Electric 6525.T:* APPLIED MATERIALS EUROPE B.V. TO BECOME NEW LARGEST SHAREHOLDER AFTER KKR STAKE SALE * KKR HKE INVESTMENT STAKE TO FALL TO 10.60% FROM 23.48%Source textReuters
Wed, Jul 9
German cartel office head expects EU to review RTL's Sky Deutschland plans
BERLIN, July 9 (Reuters) - The head of Germany's cartel office said on Wednesday that he expects the EU Commission to review European broadcaster RTL Group's AUDK.LU planned takeover of Sky Deutschland.RTL Group said last month that it would buy Sky Deutschland, in a deal that combines Sky&#...Reuters
Wed, Jul 9
Germany's cartel office head does not see antitrust issues with possible Commerzbank takeover
BERLIN, July 9 (Reuters) - Germany's cartel office president, Andreas Mundt, said on Wednesday that he does not see any competition issues arising should Italy's UniCredit CRDI.MI take over Commerzbank CBKG.DE.Reuters
Wed, Jul 9
