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METALS-Copper rises as better than expected US retail sales lift sentiment
By Polina Devitt LONDON, July 17 (Reuters) - Copper prices rose on Thursday as better than expected U.S. retail sales outweighed rising copper stocks and uncertainty about the U.S. import tariff.Three-month copper CMCU3 on the London Metal Exchange added 0.3% to $9,665.50 a metric ton by 1623 GMT...Reuters
Thu, Jul 17
Cryptocurrencies
Denmark and Novo Nordisk Foundation will fund the world’s most powerful quantum computer
Denmark, through its Export Investment Fund, is launching a new quantum project as it makes a bold step to lead the global race in quantum computing, backed by the Novo Nordisk Foundation. This comes as the Danish government aims to outpace all existing machines in power and performance. The ambitious goal is to develop what […]Cryptopolitan
Thu, Jul 17
Other
FDA advisers vote against combination therapies of GSK's blood cancer drug
July 17 (Reuters) - The U.S. Food and Drug Administration's panel of independent advisers voted on Thursday against approval of GSK's GSK.L blood cancer drug Blenrep for use in combination with other treatments.Reuters
Thu, Jul 17
Stocks
Abbott Reports 10.5% EPS Growth for Fiscal Q2
Key PointsQ2 revenue beat expectations at $11.14 billion, up 7.4% year over year.Adjusted EPS exceeded estimates, reaching $1.26 for Q2 2025, representing 10.5% growth year over year.Medical Devices achieved strong double-digit growth, while the Diagnostics segment in China saw ongoing pressure.Thes...The Motley Fool
Thu, Jul 17
Other
Pakistani TV channels withdraw reports on Trump visit
ISLAMABAD, July 17 (Reuters) - Two leading Pakistani television news channels withdrew reports on Thursday that U.S. President Donald Trump planned to visit the South Asian nation, with one of them issuing an apology. The White House dismissed the reports. "A trip to Pakistan has not been sch...Reuters
Thu, Jul 17
Other
Cycling-Italian rider Privitera, 19, dies after crash in Giro della Valle d’Aosta
July 17 (Reuters) - Italian cyclist Samuele Privitera, 19, died following a crash during the opening stage of the Giro della Valle d’Aosta, his team Hagens Berman Jayco confirmed late on Wednesday.Privitera crashed during a descent, losing his helmet and colliding with a gate, Italian media reported...Reuters
Thu, Jul 17
Forex
ANALYSIS-Institutional investors warm to crypto but demand still nascent
Bitcoin price hit new record this weekLimited data, opaque wallets make it hard to pinpoint buyersInstitutional interest growing but still smallUS policy embrace growing in pivotal 'crypto week'By Suzanne McGee, Niket Nishant and Manya Saini NEW YORK, July 17 (Reuters) - Bitcoin's su...Reuters
Thu, Jul 17
Commodities
US solar panel makers seek tariffs on imports from Indonesia, India, Laos
By Nichola Groom July 17 (Reuters) - A group of U.S. solar panel manufacturers asked the Commerce Department on Thursday to impose tariffs on imports from Indonesia, India and Laos, accusing companies there of dumping cheap goods in the market to undercut new American factories.The petition is th...Reuters
Thu, Jul 17
Other
BREAKINGVIEWS-Kraft Heinz carvery would hinge on new sandwiches
By Jennifer Saba NEW YORK, July 17 (Reuters Breakingviews) - Kraft Heinz KHC.O is trying anew to squeeze value out of its disastrous deal. As part of a strategic review unveiled in May, the Kool-Aid and Philadelphia cream cheese maker may undo the merger whipped up a decade ago by Warren Buffett...Reuters
Thu, Jul 17
Other
L3Harris plans further Arkansas expansion for rocket motor production
By Mike Stone WASHINGTON, July 17 (Reuters) - L3Harris Technologies LHX.N plans to expand the size of its Arkansas solid rocket motor production facilities, it said on Thursday, as it seeks a sixfold production increase for large solid rocket motors to meet soaring demand.The Russia-Ukraine war a...Reuters
Thu, Jul 17
Other
UK and Germany hail wide-ranging treaty, deepening ties in face of threats
Treaty deepens ties on areas from defence to transportLeaders discuss plans to send more weaponry to Ukraine Follows on from Macron's trip, cementing the E3By Sarah Marsh and Elizabeth Piper STEVENAGE, England, July 17 (Reuters) - Prime Minister Keir Starmer and German Chancellor Friedrich Me...Reuters
Thu, Jul 17
Other
Wisconsin Bar redefines ‘diversity’ to settle discrimination lawsuit
By Karen Sloan July 17 (Reuters) - The State Bar of Wisconsin has modified its definition of “diversity” for applicants to its leadership programs, ending a two-year-old lawsuit brought by a conservative legal group alleging the programs discriminate based on race.The change, announced by the sta...Reuters
Thu, Jul 17
Other
EXCLUSIVE-Amazon's AWS cloud computing unit cuts at least hundreds of jobs, sources say
Amazon joins other tech firms in cutting jobsAWS sales and operating income rose in first quarterLayoffs affect AWS specialists, other groupsBy Greg Bensinger SAN FRANCISCO, July 17 (Reuters) - Amazon AMZN.O cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday...Reuters
Thu, Jul 17
Other
Exclusive: Sompo distribution exec Ben Tasse joining Amwins programs unit
By James ThalerJuly 17 - (The Insurer) - Amwins has hired longtime Sompo International distribution executive Ben Tasse for a role within its programs division leading its distribution efforts under unit president Ryan Armijo, sources familiar with the matter confirmed.Tasse had been with Sompo for ...Reuters
Thu, Jul 17
Commodities
Interior secretary to review all solar, wind energy decisions on federal lands
July 17 (Reuters) - The Trump administration said on Thursday that all decisions related to siting solar and wind energy facilities on federal lands will be reviewed by the office of Interior Secretary Doug Burgum.The elevated reviews are meant to end what the Interior Department said was preferenti...Reuters
Thu, Jul 17
Commodities
REFILE-ARA gasoil stocks fall by 5%, Insights Global data shows
LONDON, July 17 (Reuters) - Gasoil stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining hub fell by nearly 5% on the week to their lowest since December 2023, data from Dutch consultancy Insights Global showed on Thursday. Gasoil stocks, which also include diesel, stood at 1.7...Reuters
Thu, Jul 17
Other
Russia says Trump's new weapons pledge a signal for Ukraine to abandon peace efforts
Russia criticises Trump's latest decisions on arms, sanctionsSays it does not accept threats or ultimatumsMedvedev warns of preemptive strikes scenarioBy Guy Faulconbridge, Andrew Osborn and Dmitry Antonov MOSCOW, July 17 (Reuters) - U.S. President Donald Trump's decision to r...Reuters
Thu, Jul 17
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