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Boeing and Justice Department seek judge’s approval for deal opposed by crash victims’ families

By David Shepardson (Reuters) -Boeing and the Justice Department on Wednesday asked a U.S. judge to approve an agreement that allows the company to avoid prosecution despite objections from relatives of some of the 346 people killed in two 737 MAX crashes in 2018 and ...
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BOJ policymaker calls for resuming rate hikes after temporary pause

By Leika Kihara TOKYO (Reuters) -The Bank of Japan should resume interest rate hikes following a temporary pause to evaluate the impact of U.S. tariffs, board member Hajime Takata said, signalling optimism the country was on track to durably achieve the central bank’s price goal. While ...
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Barclays reshuffles APAC investment banking leadership to boost regional presence

By Rajasik Mukherjee and Selena Li (Reuters) -Barclays announced on Thursday a series of executive appointments within its Asia Pacific investment banking division, aiming to drive regional growth even as it globally reviews capital allocation to the business. The APAC revamp follows the ...
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Tesla’s China EV sales rise 3.7% y/y to 61,000 vehicles in June

BEIJING (Reuters) -Tesla’s electric vehicle sales in June rose 3.7% from a year earlier, according to Tesla China on Thursday. The U.S. automaker’s EV sales rose 59% from May to 61,000 vehicles in China last month.(Reporting by Qiaoyi Li and Brenda Goh; Editing by ...
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Asian shares tick up ahead of US payrolls test; Trump’s tax bill in focus

By Stella Qiu SYDNEY (Reuters) -Asian shares edged higher on Thursday as investors braced for a key U.S. jobs report that may justify imminent rate cuts by the Federal Reserve and waited on the passage of a massive U.S. tax and spending bill in Congress. ...
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Dollar drifts as traders hunker down for US payrolls

By Ankur Banerjee SINGAPORE (Reuters) -The dollar wobbled on Thursday after a trade agreement between the United States and Vietnam fuelled optimism over potential future deals ahead of a July 9 tariff deadline, while investors looked to payrolls to assess the Federal Reserve’s next steps. Sterling ...
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Oil falls on signs of weak US demand ahead of key jobs report

By Nicole Jao (Reuters) -Oil prices eased on Thursday, reversing gains from the previous session, on concerns over weak U.S. demand after government data showed a surprise build in inventories in the world’s biggest crude consumer. Brent crude futures fell 24 cents, or 0.35%, to $68.87 ...
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Siemens says US has lifted chip software curbs on China, Bloomberg News reports

(Reuters) -Siemens AG has received a notice from the U.S. government saying that export restrictions on chip design software for China have been lifted, Bloomberg News reported on Wednesday.(Reporting by Surbhi Misra in Bengaluru; Editing by Alan Barona) Brought to you by www.srnnews.com
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US, India push for trade pact after Trump strikes deal with Vietnam, sources say

By David Lawder and Manoj Kumar WASHINGTON/NEW DELHI (Reuters) -U.S. and India trade negotiators were pushing on Wednesday to try to land a tariff-reducing deal ahead of President Donald Trump’s July 9 negotiating deadline, but disagreements over U.S. dairy and agriculture remained unresolved, sources familiar ...
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Starboard Value builds over 9% stake in Tripadvisor, WSJ reports

(Reuters) -Activist investor Starboard Value has built an over 9% stake in online travel firm Tripadvisor, the Wall Street Journal reported on Wednesday. Shares of Tripadvisor rose over 10% in extended trade after the news. According to the report, the Jeff Smith-led investment firm has ...
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Some education grants in limbo were used for ‘leftwing agenda,’ Trump administration says

The Trump administration has accused states and schools of using federal education grants earmarked for immigrants’ children and low-income students to help fund “a radical leftwing agenda.” The administration this week withheld more than $6 billion intended for after-school and summer programs, English language instruction, ...
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EV maker Lucid’s quarterly deliveries rise but miss estimates

(Reuters) -Electric automaker Lucid on Wednesday reported a 38% rise in second-quarter deliveries, which, however, missed Wall Street expectations amid economic uncertainty. Demand for Lucid’s pricier luxury EVs have been softer as consumers, pressured by high interest rates, shift towards cheaper hybrid and gasoline-powered cars. Lucid ...
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