Brazilian President Luiz Inacio Lula da Silva would win a potential second-round run-off vote in the October presidential elections against opposition Senator Flavio Bolsonaro, an AtlasIntel/Bloomberg poll showed on Wednesday.Lula would receive 48.8% of votes in a second run-off, compared with 42.3…
By Peter StonehamThe euro has been locked in a losing battle with the British pound, repeatedly failing to clear a key technical hurdle — and the chart suggests the struggle may not be over yet.Click here for a more detailed chart.Since hitting a peak of 0.8729 on May 15, the euro has repeatedly tr…
By Chris Prentice and Amina NiasseMillions more Americans will qualify for obesity medications at just $50 a month under a new Medicare program starting on Wednesday, bringing the highly effective drugs to people aged 65 and older at an affordable price.The U.S. Centers for Medicare & Medicaid Serv…
By Trevor HunnicuttPresident Donald Trump travels to North Dakota on Wednesday to dedicate a museum honoring Theodore Roosevelt, invoking the Republican president's legacy as he promotes a message of American greatness ahead of the Fourth of July holiday.The visit comes as Trump has embraced celebr…
By Kalea Hall and Nora EckertAutomakers on Wednesday are expected to report steady second-quarter U.S. vehicle sales, despite what normally would be a bleak backdrop for the car business.Since early spring, American consumers have confronted sharply higher gas prices, an uptick in inflation, unease…
By Norihiko ShirouzuAutonomous-driving startup Wayve is riding a tide of investor interest.The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia NASDAQ:NVDA to Mercedes…
By Mariam Sunny and Sneha S KMillions of Americans are expected to gain coverage for GLP-1 drugs for weight loss under a new U.S. pilot launching on Wednesday in its Medicare program for people aged 65 and older or with disabilities that will offer the medications for a monthly co-pay of $50.Eligib…
Eicher Motors Ltd NSE:EICHERMOT:
EGYPT SIGNS DEAL WITH CHINA'S ZENITH GROUP FOR TYRE MATERIALS PLANT WITH INVESTMENTS TOTALLING ABOUT $300 MILLION — CABINET STATEMENT
Dassault Aviation's EURONEXT:AM CEO said on Wednesday that Airbus EURONEXT:AIR had tried to kick it out of the multinational Eurodrone project, confirming a separate rift between the planemakers in addition to the breakdown of plans for a European fighter jet.Airbus declined to comment on Trappier'…
CITI SEES NIKKEI HITTING 90,000Japanese equities had a strong month and a very strong second quarter and analysts at Citi believe there's more to come.The Nikkei 225 TVC:NI225 was up almost 6% last month, a decent month but an unremarkable rise compared to what went on before.The index rose 37% ove…
By Eric OnstadAluminium prices sunk to their weakest in four months on Wednesday and copper also gave up ground, as funds continued to liquidate bullish positions on worries over higher U.S. interest rates and uncertainty about negotiations to end the Iran conflict.Benchmark three-month aluminium L…
JORDAN ISLAMIC BANK PSC (JOIB.AM):
Spanish lender BBVA BME:BBVA has reduced its stake in telecoms giant Telefonica BME:TEF to 1.965% from a previous holding of 5%, official data from the Spanish stock market supervisor showed on Wednesday.
SSAW Hotels & Resorts Group Co Ltd SZSE:301073:
India's HDB Financial Services NSE:HDBFS has accepted bids worth 11.50 billion rupees ($121.00 million), for bonds maturing in two years and 11 months, three bankers said on Wednesday.It will pay a coupon of 7.90% and had invited commitment bids for the issue earlier in the day, they said.The compa…
By Tom DalyNorsk Hydro OSL:NHY said on Wednesday its Slovalco aluminium joint venture had reached an agreement with the Slovak government to partially restart production after a four-year shutdown, including a new long-term power supply contract.The deal paves the way for the restart of 75,000 metr…
Nyab AB OMXSTO:NYAB:
SAL Steel Ltd NSE:SALSTEEL:
