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Wall St set for firm start as investors brace for August 1 deadline

By Nikhil Sharma and Pranav Kashyap (Reuters) -U.S. stock futures pointed to a steady open on Friday following record closes for the S&P 500 and the Nasdaq in the previous session, while investors looked for signs of progress in trade talks as they braced for ...
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Volkswagen CEO hopes for own tariff deal with ‘attractive’ investments

By Rachel More BERLIN (Reuters) -Europe’s largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further concessions on U.S. tariffs once Washington and the European Union strike a broad trade deal, CEO Oliver Blume told investors on Friday. As they wait for the ...
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Global equity funds draw weekly inflows on trade deal optimism

(Reuters) -Inflows into global equity funds picked up again in the week through July 23 as optimism over U.S. trade deals, stronger than expected U.S. economic reports and an encouraging start to the corporate earnings season boosted risk sentiment. Global investors snapped up a net ...
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Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday, even as European Central Bank policymakers appeared to temper market bets on no ...
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US economic data quality a worry, authorities not acting urgently enough, experts say

By Sarupya Ganguly and Indradip Ghosh BENGALURU (Reuters) -Risks to the quality of official U.S. economic data – long seen as the gold standard – are worrying 89 of 100 top policy experts polled by Reuters, with most also concerned that the authorities are not ...
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Phillips 66 beats second-quarter profit estimates

(Reuters) -Refiner Phillips 66 beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins. The company reported an adjusted profit of $2.38 per share for the three months ended June 30, compared with analysts’ average estimate of $1.71 per share, according ...
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Tesla beats Chinese rivals in some driving assisted tests, say China state media, Bytedance

BEIJING (Reuters) -Billionaire Elon Musk’s Tesla outperformed Chinese rivals including BYD, Xiaomi and Huawei in a test of assisted driving technologies on China’s highways, according to results published by TikTok owner Bytedance’s auto unit Dcar. State television CCTV and Dcar jointly tested the level 2 ...
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Morning Bid: Fizzy market week turns flat

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets A buoyant week for world markets driven by emerging U.S. trade deals with major economies has gone a bit flat into Friday, ...
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Montreal over Miami: Patriotic Canadians change summer vacation plans

By Nivedita Balu TORONTO (Reuters) -Canadians are trading their annual vacation south of the border for road trips around Ottawa, the midnight sun in Yukon, whale watching in Nova Scotia or hiking in Banff. The newfound desire to stay local started earlier this year ...
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Female HR exec caught on Coldplay cam resigns after embrace with CEO went viral

The female executive who was caught on camera embracing the CEO of her company at a Coldplay concert in a moment that went viral has resigned, according to news reports. Multiple news outlets reported that Kristin Cabot, the executive in charge of human resources ...
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US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses

By Arathy Somasekhar HOUSTON (Reuters) -U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss of Venezuelan and Mexican barrels, according to ship tracking data, a workaround solution that might be short-lived if the U.S. ...
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Tariffs, Fed, tech results headline jam-packed markets week

By Lewis Krauskopf NEW YORK (Reuters) -A looming U.S. deadline for more severe global tariffs is among a barrage of upcoming events threatening to disrupt an increasingly calm U.S. stock market that has set a string of all-time highs. President Donald Trump has extended a deadline ...
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