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US designates Pakistani group's offshoot as 'terrorist' organization over Kashmir attack
TRF initially took responsibility for April attack in Kashmir before denying itAttack in India-administered Kashmir sparked latest hostilities between India and PakistanIndia blamed Pakistan, Islamabad denied responsibilityCeasefire between India and Pakistan was reached on May 10By Kanishka Singh a...Reuters
Fri, Jul 18
Other
EXCLUSIVE-US FDA to request Sarepta to stop all shipments of gene therapy Elevidys, source says
By Bhanvi SatijaJuly 18 (Reuters) - The U.S. Food and Drug Administration will request Sarepta Therapeutics SRPT.O to voluntarily stop all shipments of its gene therapy, Elevidys, a source familiar with the matter told Reuters on Friday. The FDA's request follows the death of two teenage boys wh...Reuters
Fri, Jul 18
Commodities
What's in the EU's 18th sanctions package against Russia?
By Kate Abnett, Enes Tunagur and Milan Strahm BRUSSELS, LONDON July 18 (Reuters) - Here are the details of the European Union's 18th package of sanctions against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia's oil and energy industry.OIL P...Reuters
Fri, Jul 18
Commodities
Europe Gasoline/Naphtha-Gasoline profit margins rise
LONDON, July 18 (Reuters) - Northwest European gasoline profit margins rose by nearly a dollar a barrel on Friday to $14.30 after the European Union announced its 18th sanctions package against Russia which includes measures aimed at dealing further blows to Russia's oil and energy industries.A ...Reuters
Fri, Jul 18
Stocks
Why Lucid Stock Dropped, Then Recovered Friday
Key PointsInvestors may be rethinking the deal that brought monster gains for Lucid yesterday. Uber plans to deploy at least 20,000 Lucid EVs over the next six years. An influx of cash from Uber is good news for Lucid shareholders. 10 stocks we like better than Lucid Group › Lucid Group (NASDAQ: LCI...The Motley Fool
Fri, Jul 18
Other
JPMorgan eyes new research frontier with coverage of private firms, source says
By Nupur Anand and Manya SainiJuly 18 (Reuters) - JPMorgan Chase JPM.N has begun publishing research notes on prominent private companies transforming industries, a person familiar with the matter told Reuters on Friday.With many industry-leading private companies delaying public listings, they are ...Reuters
Fri, Jul 18
Other
EXCLUSIVE-Bolsonaro says he is the only one who can defeat Lula in 2026 -Reuters interview
BRASILIA, July 18 (Reuters) - Former Brazilian President Jair Bolsonaro told Reuters on Friday he is the only person who could beat President Luiz Inacio Lula da Silva in the 2026 presidential election. In an interview after federal police searched his home and party headquarters, Bolsonaro said he ...Reuters
Fri, Jul 18
Other
UK's Petershill Partners exits Harvest Partners investment for $561 million
July 18 (Reuters) - British investment group Petershill Partners PHLL.L said on Friday it has exited its investment in U.S.-based private equity firm Harvest Partners for $561 million, a 22% premium to the stake's value recorded at the end of 2024.Petershill, which is operated by Goldman Sachs, ...Reuters
Fri, Jul 18
Cryptocurrencies
Litecoin Price Forecast: LTC reclaims $100 as NASDAQ-listed MEI Pharma unveils $100 million treasury
Litecoin (LTC) price extends its recovery, trading at around $104 on Friday, after breaking above $100 for the first time in nearly two months. Institutional demand for LTC is increasing, reflected by the NASDAQ-listed MEI Pharma (MEIP) launching a dedicated strategic treasury.
Fxstreet
Fri, Jul 18
Commodities
Ambani's Reliance tops profit estimates on asset sale gains
Other income quadruplesJio Platforms EBITDA up 23.9%oil-to-chemicals segment EBITDA up 10.8%By Chandini Monnappa and Sethuraman N R July 18 (Reuters) - Indian billionaire Mukesh Ambani's Reliance Industries RELI.NS reported a better-than-expected 78% surge in first-quarter profit on Friday, d...Reuters
Fri, Jul 18
Other
Cycling-Pogacar claims fourth stage win to extend lead as fourth title looms
By Julien PretotLOUDENVIELLE, France, July 18 (Reuters) - Tadej Pogacar continued his charge towards an anticipated fourth Tour de France title when he stretched his overall lead to over four minutes by winning the 13th stage, a lung-busting 10.9-km uphill time trial on Friday.The defending champion...Reuters
Fri, Jul 18
Commodities
EXCLUSIVE-US firms to develop Syria energy masterplan after Trump lifts sanctions
Argent LNG, Baker Hughes, Hunt Energy form coalition for Syria energy masterplanMasterplan includes oil, gas exploration and power generationSyria's energy infrastructure needs billions in investmentFocus on areas west of Euphrates under Syrian government controlBy Timour Azhari DAMASCUS, Jul...Reuters
Fri, Jul 18
Stocks
Talen Energy shares soar to all-time high on prospect of data center deals
By Pooja Menon and Arunima Kumar July 18 (Reuters) - Shares of Talen Energy TLN.O jumped more than 23% on Friday to a record high, a day after the power producer announced deals worth $3.5 billion to buy two gas-fired plants as it looks to meet growing power demand from data centers.Talen on Thu...Reuters
Fri, Jul 18
Other
Trump pushes for 15-20% minimum tariff on all EU goods, FT reports
July 18 (Reuters) - U.S. President Donald Trump is pushing for a minimum tariff of 15% to 20% in any deal with the European Union, the Financial Times reported on Friday, adding that the administration is now looking at a reciprocal tariff rate that exceeds 10%, even if a deal is reached.Trump has a...Reuters
Fri, Jul 18
Other
EXCLUSIVE-Brazil's Bolsonaro expects lawmaker son to seek U.S. citizenship -Reuters interview
BRASILIA, July 18 (Reuters) - Brazil's former President Jair Bolsonaro told Reuters on Friday he expects his son Eduardo Bolsonaro, a Brazilian congressman, to seek U.S. citizenship instead of returning from the United States.In an interview with Reuters after federal police searches of his home...Reuters
Fri, Jul 18
Stocks
US STOCKS SNAPSHOT-Wall Street indexes move lower after FT report says Trump pushes for 15-20% tariff on EU goods
July 18 (Reuters) - Wall Street indexes moved lower on Friday after the Financial Times reported that U.S. President Donald Trump was pushing for a minimum 15% to 20% tariff on all EU goods. At 12:29 p.m., the Dow Jones Industrial Average .DJI fell 242.74 points, or 0.54%, to 44,242.58, the S&P ...Reuters
Fri, Jul 18
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