News
Important Only
Philippines' Marcos to discuss trade and security during U.S. visit as tariffs loom
MANILA, July 18 (Reuters) - Philippine President Ferdinand Marcos Jr will visit the United States next week with a clear message to President Donald Trump that the Philippines must become economically stronger if it is to serve as a truly robust partner, an official said on Friday.The visit, the fir...Reuters
Fri, Jul 18
S&P maintains stable sector view for European insurers
By Rebecca DelaneyJuly 18 - (The Insurer) - S&P Global Ratings has maintained its stable sector view for European insurers, the rating agency said on Thursday.In its mid-year outlook, S&P highlighted strong diversification at most European insurers, along with their ample capital surplus aga...Reuters
Fri, Jul 18
PBOC governor, Bank of America senior executive discuss economy, financial markets
BEIJING, July 18 (Reuters) - China's central bank governor Pan Gongsheng met Bank of America's president of international business Bernard Mensah earlier this week to discuss economic and financial matters, the People's Bank of China said in a statement on Friday.The Tuesday meeting incl...Reuters
Fri, Jul 18
Japan's super-long bonds rise as fiscal concerns ease
By Junko FujitaTOKYO, July 18 (Reuters) - Japanese government bonds rose on Friday as concerns over potential deterioration of fiscal health receded ahead of a closely watched national election. The 40-year JGB yield JP40YTN=JBTC fell as much as 8 basis points (bps) to 3.295%, and was last at 3...Reuters
Fri, Jul 18
German yield curve on track for fourth straight weekly steepening
By Stefano Rebaudo July 18 (Reuters) - The German yield curve was heading for its fourth straight week of steepening as investors shifted their focus to expansionary fiscal plans, pushing long-dated yields higher while short-dated ones held steady.Euro area government bond markets also took cues ...Reuters
Fri, Jul 18
CORRECTED-Taiwan will not provoke confrontation with China; does not seek conflict
TAIPEI, July 18 (Reuters) - Taiwan Vice President Hsiao Bi-khim said on Friday the democratically-ruled island does not seek conflict with China and will not provoke confrontation, but the country's "aggressive" military posturing was counter-productive.She made the comments in a speech ...Reuters
Fri, Jul 18
BP sells US onshore wind business to LS Power
July 18 (Reuters) - Energy major BP BP.L said on Friday it had agreed to sell its U.S. onshore wind business, bp Wind Energy, to U.S.-based electricity transmission systems operator LS Power.bp Wind Energy will be owned and operated under LS Power portfolio company Clearlight Energy, BP said.Reuters
Fri, Jul 18
Seadrif and Gallagher Re update triggers and expand coverage for Laos
By Henry GaleJuly 18 - (The Insurer) - The government of Laos has expanded its catastrophe insurance coverage from the Southeast Asia Disaster Risk Insurance Facility (Seadrif) with a new $16 million multiperil program structured and placed by Gallagher Re, the reinsurance broker said on Friday.Laos...Reuters
Fri, Jul 18
Ofcom Makes Changes To Mobile Spectrum Licence Fees
July 18 (Reuters) - OFCOM:OFCOM - OFCOM: CHANGES TO MOBILE SPECTRUM LICENCE FEESOFCOM: CHANGES, WHICH FOLLOW A CONSULTATION, WILL SAVE MOBILE OPERATORS AN ESTIMATED COMBINED TOTAL OF £60M A YEAROFCOM: OPENING A CONSULTATION ON AMENDING MOBILE TRADING REGULATIONS.Reuters
Fri, Jul 18
FACTBOX-Foreign firms' executives entangled in Chinese probes
BEIJING, July 18 (Reuters) - U.S. bank Wells Fargo WFC.N has suspended all travel to China after one of its employees was barred from leaving the country, a source said, extending a trend of foreign executives caught up in probes by authorities that has chilled business sentiment.Below are some othe...Reuters
Fri, Jul 18
Thailand expects similar tariffs to other regional countries, minister says
BANGKOK, July 18 (Reuters) - Thailand expects to receive U.S. tariff rates by August 1 that are close to those imposed on other countries in the region, the finance minister said on Friday following talks with the United States Trade Representative.Thailand faces a 36% tariff from Washington if a de...Reuters
Fri, Jul 18
4C Group Q2 Sales Sek 75.6 Million
July 18 (Reuters) - 4C Group AB 4C.ST:4C GROUP Q2 SALES SEK 75.6 MILLION4C GROUP Q2 ADJUSTED EBIT SEK -12 MILLION4C GROUP Q2 NET INCOME SEK -9 MILLION4C GROUP Q2 ADJUSTED EBIT MARGIN -16%4C GROUP AB - MORE OPTIMISTIC ABOUT POLITICAL AND BUDGETARY OUTLOOK FOR U.S. DEFENSE APPROPRIATIONS FOR REMAINDER...Reuters
Fri, Jul 18
Hungary's Orban says proposed new budget will 'ruin the EU'
BUDAPEST, July 18 (Reuters) - The European Commission's proposed new budget lacks clear strategic foundations and would ruin the European Union, Hungarian Prime Minister Viktor Orban told state radio on Friday."This budget would ruin the European Union. This budget I believe will not survive...Reuters
Fri, Jul 18
Indonesia still negotiating trade deal with United States, official says
JAKARTA, July 18 (Reuters) - Indonesia is still negotiating the details of the deal with the United States after the latter lowered its tariff rate on the Southeast Asian country, an economic ministry official said on Friday.Reuters
Fri, Jul 18
Marcos' U.S. visit aims to boost Philippines-U.S. alliance, says foreign ministry
MANILA, July 18 (Reuters) - Philippine President Ferdinand Marcos Jr's visit to the United States next week is aimed at strengthening the alliance between the two nations, Manila's foreign ministry said on Friday. The visit will also stress the importance of the Philippines strengthening its...Reuters
Fri, Jul 18
Kone Q2 Adj. EBIT In Line With Consensus
July 18 (Reuters) - Kone Oyj KNEBV.HE:KONE Q2 EBIT EUR 338 MILLIONKONE Q2 ORDERS EUR 2,316.2 MILLION VERSUS. ESTIMATE EUR 2,351.6 MILLIONKONE Q2 SALES EUR 2,850.1 MILLION VERSUS. ESTIMATE EUR 2,832.3 MILLIONKONE Q2 ADJUSTED EBIT EUR 347.2 MILLION VERSUS. ESTIMATE EUR 346.9 MILLIONKONE Q2 ADJUSTED EB...Reuters
Fri, Jul 18
Trump's name on 2003 birthday letter to Epstein, Wall Street Journal reports
Trump says letter is fake, says he will sue newspaperJournal declines to comment on lawsuit threatWhite House, Trump's base have been roiled by handling of Epstein information July 17 (Reuters) - Donald Trump's name appeared on a risque 2003 personal note to Jeffrey Epstein, the Wall Stre...Reuters
Fri, Jul 18
Cox Says Capital Increase on July 10 Subscribed by 34 Shareholders
July 18 (Reuters) - Cox ABG Group S.A. COXGA.MC:SAID ON THURSDAY, CAPITAL INCREASE ON JULY 10 WAS SUBSCRIBED BY 34 SHAREHOLDERS OF COX ENERGY WHO CONTRIBUTED 16.6 MILLION SHARESINCREASE CONSISTED OF OFFERING ONE SHARE OF COX FOR EVERY FIVE SHARES OF COX ENERGY COXA.MX CONSIDERING SUBSEQUENT PARTIAL ...Reuters
Fri, Jul 18
Electrolux Q2 EBIT SEK 797 Mln
July 18 (Reuters) - Electrolux AB ELUXb.ST:Q2 NET INCOME SEK 178 MILLIONQ2 EPS SEK 0.66Q2 REVENUE SEK 31,276 MILLION VERSUS. IBES ESTIMATE SEK 31,910 MILLIONQ2 ORGANIC GROWTH 1.8%Q2 EBIT SEK 797 MILLIONOUR MARKET AND BUSINESS OUTLOOK FOR YEAR REMAINS UNCHANGEDWE REITERATE OUR AIM TO OFFSET TARIFF-RE...Reuters
Fri, Jul 18
Indian Apple reseller Ample to grow revenue by a third as it expands presence, portfolio, CEO says
By Praveen Paramasivam July 18 (Reuters) - Indian Apple reseller Ample is banking on store expansion and adding more brands and clients to achieve 35% revenue growth in fiscal year 2026, its chief executive said.The Bengaluru-based firm, which supplies tech products such as Apple computers to ove...Reuters
Fri, Jul 18
Swedish Electrolux Q2 operating profit beats expectations
STOCKHOLM, July 18 (Reuters) - Swedish home appliances maker Electrolux ELUXb.ST reported a bigger-than-expected operating profit for the second quarter on Friday and said price hikes offset increased costs related to U.S. tariffs in the quarter.Reuters
Fri, Jul 18
