08 July

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Trump sues Facebook, Twitter and Google, claiming censorship By Reuters

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By Jason Lange and Jan Wolfe WASHINGTON (Reuters) -Former U.S. President Donald Trump on Wednesday filed lawsuits against Twitter Inc (NYSE:TWTR), Facebook Inc (NASDAQ:FB), and Alphabet (NASDAQ:GOOGL) Inc's Google, as well as their chief executives, alleging they unlawfully silence conservative viewpoints. The lawsuits, filed in U.S. District Court in Miami, allege the California-based social media platforms violated the right to freedom of speech guaranteed by the First Amendment of the U.S. Constitution. Trump is seeking class action status for the lawsuits, meaning he would represent the interests of other users of...

08 July

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FTSE Russell to remove more China stocks from indexes over U.S. ban By Reuters

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SHANGHAI (Reuters) - Global index publisher FTSE Russell said it will delete a further 20 Chinese companies from its indexes after user feedback on an updated U.S. executive order that bars U.S. investment in companies with alleged ties to China's military. U.S. President Joe Biden signed the order on June 3 that bans U.S. entities from investing in dozens of Chinese companies with alleged ties to defence or surveillance technology sectors, replacing an earlier order under Donald Trump. In a statement on its website, FTSE Russell said the additional Chinese companies will be deleted from its...

08 July

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Morrisons buyout could see credit rating slashed, Moody’s warns By Reuters

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By Marc Jones LONDON (Reuters) - British supermarket chain Morrisons could see its credit rating cut by "multiple notches" if a proposed 6.3 billion pound ($8.7 billion) private equity buyout of the firm goes ahead, Moody's has warned. Moody's gave the warning as it put Morrisons' investment-grade Baa2 rating on a review for a downgrade. It said it reflected a view that Morrisons' leverage was likely to jump if the takeover by a trio of investment firms led by SoftBank-owned Fortress goes ahead. "Morrisons' ratings could be downgraded by multiple notches," Roberto Pozzi, Moody's lead rating...

08 July

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EU to propose new body to tackle dirty money, documents say By Reuters

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By Huw Jones LONDON (Reuters) - The European Union will propose a new agency to crack down on money laundering and new transparency rules for transfers of crypto-assets, EU documents showed on Wednesday as the bloc responds to calls for tougher action to fight dirty money. Europe has come under pressure to step up enforcement of anti-money laundering rules after several countries began investigating Danske Bank over 200 billion euros of suspicious transactions that passed through its tiny Estonian branch between 2007 and 2015. Lacking any pan-EU authority to stop dirty money, Brussels has relied on...

08 July

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Fed keen to be ‘well positioned’ to act on inflation, other risks, minutes show By Reuters

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By Howard Schneider, Jonnelle Marte and Lindsay Dunsmuir WASHINGTON (Reuters) - Federal Reserve officials last month felt substantial further progress on the U.S. economic recovery "was generally seen as not having yet been met," but agreed they should be poised to act if inflation or other risks materialized, according to the minutes of the central bank's June policy meeting. In minutes that reflected a divided Fed wrestling with new inflation risks but still relatively high unemployment, "various participants" at the June 15-16 meeting felt conditions for reducing the central bank's asset purchases would be "met somewhat...

07 July

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Argentina seeks sanctions against oil firms drilling near disputed Falklands By Reuters

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By Agustin Geist BUENOS AIRES (Reuters) - Argentina's government has launched a process to sanction a number of foreign firms it accuses of illegally drilling for oil in a disputed area near the British-run Falkland Islands, over which the South American country also claims sovereignty. The country's energy secretary Darío Martínez told reporters on Wednesday it would seek sanctions against UK-based Chrysaor Holdings, Harbour Energy and Israeli firm Navitas Petroleum, adding them to eight other firms previously sanctioned between 2011 and 2015. Reuters could not immediately reach the firms for comment. Argentina and Britain have long...

07 July

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Canada shares lower at close of trade; S&P/TSX Composite down 0.21% By Investing.com

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Investing.com – Canada equities were lower at the close on Wednesday, as losses in the Healthcare, Energy and IT sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite fell 0.21%. The biggest gainers of the session on the S&P/TSX Composite were West Fraser Timber Co Ltd (TSX:WFG), which rose 6.85% or 5.95 points to trade at 92.78 at the close. HudBay Minerals Inc (TSX:HBM) added 6.60% or 0.53 points to end at 8.48 and First Quantum Minerals Ltd . (TSX:FM) was up 3.22% or 0.89 points to 28.55 in late...

07 July

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Luxembourg’s Bettel to remain in hospital until at least Thursday By Reuters

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(Reuters) - Luxembourg's Prime Minister Xavier Bettel is getting better after contracting COVID-19 but will stay at hospital under medical observation until at least Thursday, an official said on Wednesday. Bettel, 48, tested positive shortly after a two-day EU summit in Brussels at the end of June, where participants included French President Emmanuel Macron, German Chancellor Angela Merkel, Italian Prime Minister Mario Draghi and other European leaders. On Monday, Luxembourg's government said Bettel was in a serious but stable condition after being admitted to hospital on Sunday due to persistent symptoms, and would remain there...

07 July

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Global air travel demand 63% lower in May vs pre-pandemic -IATA By Reuters

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LONDON (Reuters) - Global airline industry body IATA said that passenger air travel demand remained subdued compared to pre-pandemic levels, with figures showing it was 63% lower in May 2021 than in the same month two years ago. International travel is much more affected by ongoing restrictions than travel within domestic markets like China and Russia, IATA said. IATA director general Willie Walsh called on governments to better co-ordinate between themselves to aid the airline industry's recovery. "We're seeing a wide variation in the requirements for things like testing...

07 July

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Prenatal test developed with Chinese military stores gene data By Reuters

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By Kirsty Needham and Clare Baldwin (Reuters) -A prenatal test taken by millions of pregnant women globally was developed by Chinese gene company BGI Group in collaboration with the Chinese military and is being used by the firm to collect genetic data, a Reuters review of publicly available documents found. The report is the first to reveal that the company collaborated with the People's Liberation Army (PLA) to develop and improve the test, taken in early pregnancy, as well as the scope of BGI's storage and analysis of the data. The United States sees BGI's efforts...

Меню

Trump sues Facebook, Twitter and Google, claiming censorship By Reuters

FTSE Russell to remove more China stocks from indexes over U.S. ban By Reuters

Morrisons buyout could see credit rating slashed, Moody’s warns By Reuters

EU to propose new body to tackle dirty money, documents say By Reuters

Fed keen to be ‘well positioned’ to act on inflation, other risks, minutes show By Reuters

Argentina seeks sanctions against oil firms drilling near disputed Falklands By Reuters

Canada shares lower at close of trade; S&P/TSX Composite down 0.21% By Investing.com

Luxembourg’s Bettel to remain in hospital until at least Thursday By Reuters

Global air travel demand 63% lower in May vs pre-pandemic -IATA By Reuters

Prenatal test developed with Chinese military stores gene data By Reuters

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