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REUTERS NEXT-Thai Airways could firm up Boeing order as part of tariff talks, CEO says
SINGAPORE, July 9 (Reuters) - Thai Airways International THAI.BK could exercise an existing option to buy more planes from U.S. planemaker Boeing BA.N as part of Thailand's tariff negotiations with the United States, CEO Chai Eamsiri told a Reuters NEXT Asia summit on Wednesday.The flag carrier ...Reuters
Wed, Jul 9
Other
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 while addressing the European Parliame...Reuters
Wed, Jul 9
Other
PRESS DIGEST- New York Times business news - July 9
July 9 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Apple AAPL.O named insider Sabih Khan as its chief operating officer, taking over from Jeff Williams, as part of a long-planned su...Reuters
Wed, Jul 9
Commodities
Greek ship sinks off Yemen after Houthi attack, crew being rescued, sources say
ATHENS, July 9 (Reuters) - The Liberia-flagged, Greek-operated bulk carrier Eternity C has sunk after a Houthi attack off Yemen, four maritime security sources told Reuters on Wednesday, and efforts to rescue the crew were under way. Some of the crew were in lifejackets in the water and at least fiv...Reuters
Wed, Jul 9
Other
Malaysia central bank lowers key rate to 2.75% on weaker growth outlook
First cut in 5 years comes day after U.S. announces 25% tariffRate change 'pre-emptive measure' to protect economy, cbank saysGrowth outlook hit by tariffs, geopolitical tensions KUALA LUMPUR, July 9 (Reuters) - Malaysia's central bank cut its benchmark interest rate MYINTR=ECI for th...Reuters
Wed, Jul 9
Stocks
European shares edge higher as investors eye US trade signals
July 9 (Reuters) - European shares nudged higher on Wednesday, supported by defence stocks, as investors awaited signs of progress on a trade accord with the United states.The pan-European STOXX 600 index .STOXX was up 0.2% at 546.94 points, as of 0706 GMT. Other major regional indexes also traded h...Reuters
Wed, Jul 9
Stocks
Wondering What to Expect for Next Year's Social Security COLA? Here's What History Says Could Be Coming in 2026
Key PointsThe annual Social Security cost-of-living adjustment is based on inflation data from the Bureau of Labor Statistics.History says inflation will likely climb over the summer, leading into the months that count toward the COLA.Historical data suggests a range of possible outcomes.The $23,760...The Motley Fool
Wed, Jul 9
Commodities
TABLE-UAE's Fujairah oil inventory data for week ended July 7
July 9 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended July 7, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from t...Reuters
Wed, Jul 9
Stocks
Ray-Ban parent EssilorLuxottica up as Meta reportedly takes 3% stake
** Shares in glasses manufacturer EssilorLuxottica ESLX.PA rise 4.9% after a source told Reuters that Meta Platforms META.O has bought around 3% in the Ray-Ban parent** Meta bought a stake worth about 3 billion euros ($3.5 billion) in EssilorLuxottica at the current market price and is considering f...Reuters
Wed, Jul 9
Stocks
Exxon's Profit Took a $1.5 Billion Hit Last Quarter. Is the Oil Stock Still Worth Buying?
Key PointsExxon expects that its earnings will decline by $1.5 billion in the second quarter. The oil giant will likely still post industry-leading profitability. It expects its earnings to grow meaningfully by 2030, even if crude prices don't improve. 10 stocks we like better than ExxonMobil › Exxo...The Motley Fool
Wed, Jul 9
Other
Malaysia will not cross "red lines" in U.S. tariff negotiations, minister says
KUALA LUMPUR, July 9 (Reuters) - Malaysia will not cross certain "red lines" in its negotiations with the United States, its trade minister said on Wednesday, as the country continues talks with Washington to lower a 25% tariff imposed on its exports. Investment, Trade and Industry Minister ...Reuters
Wed, Jul 9
Commodities
Euro zone bond yields steady as Trump tariff deadline arrives
LONDON, July 9 (Reuters) - Euro zone government bond yields were little changed on Wednesday as investors took U.S. President Donald Trump's plans for additional import levies in their stride, on the day when his original 90-day tariff pause was due to expire.Trump broadened his trade war late o...Reuters
Wed, Jul 9
Stocks
Verizon's Days as a Dow Jones Industrial Average Component May Be Numbered: Here Are 3 Logical Candidates to Replace It
Key PointsInvestors have witnessed numerous changes to the Dow Jones since its inception in 1896.Verizon's low share price, which combined with the poor performance of its stock over the last decade, makes it a logical candidate to be removed from the index.Three brand-name businesses with high shar...The Motley Fool
Wed, Jul 9
Forex
EUR/GBP loses momentum below 0.8650 as traders brace for EU-US deal update
The EUR/GBP cross loses traction to around 0.8620 during the early European session on Wednesday. The Euro (EUR) softens against the Pound Sterling as renewed tariff threats from US President Donald Trump unsettle markets.
Fxstreet
Wed, Jul 9
Other
South Korea to follow previously agreed terms on defence cost sharing with US, Yonhap reports
SEOUL, July 9 (Reuters) - South Korea will follow the terms previously agreed with the United States on defence cost sharing, the Yonhap News Agency reported on Wednesday, citing a foreign ministry official. The comments were in response to U.S. President Donald Trump's recent remarks suggesting...Reuters
Wed, Jul 9
Other
TIMELINE-Key moments involving Israeli hostages held by Hamas in Gaza
July 9 (Reuters) - Israeli Prime Minister Benjamin Netanyahu discussed efforts to recover the 50 hostages remaining in Gaza, 20 of whom are believed to be alive, with U.S. President Donald Trump during a visit to Washington this week amid hopes of reaching a ceasefire deal to end the nearly two-year...Reuters
Wed, Jul 9
