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India trade team to visit US soon to continue talks, trade ministry source says
NEW DELHI, July 10 (Reuters) - A delegation from India is expected to visit the United States soon to continue trade talks, aiming to conclude an initial deal by fall 2025, an Indian trade ministry source said on Thursday.Reuters
Thu, Jul 10
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Kraft Heinz Announces Agreement To Sell Italian Baby & Specialty Food Business To Italy’S Newprinces Group
July 10 (Reuters) - Kraft Heinz Co KHC.O:KRAFT HEINZ ANNOUNCES AGREEMENT TO SELL ITALIAN BABY AND SPECIALTY FOOD BUSINESS TO ITALY’S NEWPRINCES GROUPKRAFT HEINZ CO - ENTERS CONSULTATION PERIOD WITH ITALIAN UNIONSKRAFT HEINZ CO - NEWPRINCES TO PURCHASE PLASMON, NIPIOL, DIETERBA BRANDSKRAFT HEINZ CO -...Reuters
Thu, Jul 10
Economic Indicator
RPT-Car import quotas, export credits on table for EU-US trade talks, sources say
EU seeking US trade deal ahead of August 1 deadlineUS-EU talks moving fast, officials and industry sources sayEasing of US car tariffs essential for a deal, EU diplomat saysUS imposed 25% import tariff on cars in AprilBy Christoph Steitz, Julia Payne and David Lawder FRANKFURT/BRUSSELS/WASHINGTON...Reuters
Thu, Jul 10
Economic Indicator
Philippines concerned over higher U.S. tariffs, will continue to negotiate, minister says
MANILA, July 10 (Reuters) - The Philippines is concerned about the United States' decision to impose 20% tariffs on Philippine exports but will continue to negotiate, its economic affairs minister said on Thursday.Reuters
Thu, Jul 10
Other
Ukraine to launch Starlink mobile internet in 2026, becoming Europe's first, Kyivstar says
Operator Kyivstar to launch Starlink mobile services in mid-2026Kyivstar aims to foster new business ties for UkraineHopes to finalise U.S. listing in third quarter of 2025By Angelo Amante and Gianluca Lo Nostro ROME, July 10 (Reuters) - Ukraine will become the first European nation to offer Star...Reuters
Thu, Jul 10
Other
TSMC second-quarter sales rise 38.6% y/y, beat forecasts
Q2 revenue ahead of forecastsCompany to report Q2 earnings on July 17TAIPEI, July 10 (Reuters) - TSMC 2330.TW, the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's produc...Reuters
Thu, Jul 10
Other
Sri Lanka's apparel industry alarmed by US tariff of 30%, hopes for cut
COLOMBO, July 10 (Reuters) - Distress is in store for Sri Lanka's garments sector if the island nation is unable to clinch a tariff lower than the 30% figure U.S. President Donald Trump has clamped on imports from Colombo, a top industry body warned on Thursday.Reuters
Thu, Jul 10
Other
Ofcom revises Royal Mail delivery targets to manage delays
July 10 (Reuters) - British regulator Ofcom said on Thursday it had set new minimum acceptable delivery deadlines for Royal Mail to prevent long delays, and changed some existing delivery targets which could help the postal service save up to 425 million pounds ($578.3 million).Reuters
Thu, Jul 10
Other
Pagegroup Expects 2025 Operating Profit To Be Broadly In Line With Current Market Consensus
July 10 (Reuters) - Pagegroup PLC PAGE.L:SECOND QUARTER 2025 TRADING UPDATEEXPECTS 2025 OPERATING PROFIT TO BE BROADLY IN LINE WITH CURRENT MARKET CONSENSUS OF C. £22MCOST REDUCTION PROGRAMME ON TRACKCONTINUED SUBDUED LEVELS OF CLIENT AND CANDIDATE CONFIDENCE IMPACTED DECISION MAKINGREDUCES FEE EARN...Reuters
Thu, Jul 10
Commodities
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $67.36 per barrel, up from Wednesday’s close at $67.32.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $69.61 price posted on Wednesday, and trading at $69.67.
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Thu, Jul 10
Other
WPP names Microsoft exec Cindy Rose as new CEO
LONDON, July 10 (Reuters) - British ad group WPP WPP.L named board member Cindy Rose as its new chief executive on Thursday, handing the top job to a senior executive from Microsoft a day after it downgraded profit forecasts. Rose has been on the board since 2019 and will take over from outgoing CEO...Reuters
Thu, Jul 10
Other
State-backed Italian nat cat reinsurance pool targets January 1, 2026 launch
By Edward CarronJuly 10 - (The Insurer) - The public-private reinsurance mechanism for Italy's new mandatory natural catastrophe insurance scheme aims to begin facilitating cover by January 1, 2026, a senior reinsurance source told The Insurer. The Italian Association of Insurance Companies (AN...Reuters
Thu, Jul 10
Commodities
RPT-US tariffs on South Africa set to hit white farmers Trump has embraced
South Africa faces 30% US tariff from August 1Farm exports like citrus previously not subject to tariffsWhite farmers among those whose businesses will sufferTrump has shown concern for white South AfricansBy Wendell Roelf CITRUSDAL, South Africa, July 9 (Reuters) - U.S. President Donald Trump...Reuters
Thu, Jul 10
Economic Indicator
German inflation confirmed at 2.0% in June
BERLIN, July 10 (Reuters) - German inflation eased to 2.0% in June, the federal statistics office said on Thursday, confirming preliminary data.German consumer prices, harmonised to compare with other European Union countries, had risen by 2.1% year-on-year in May.Reuters
Thu, Jul 10
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