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Canada, Philippines Agree to Sign Trade Deal This Year, Grow Defense Ties
Economy Bloomberg
Canada, Philippines Agree to Sign Trade Deal This Year, Grow Defense Ties

Canada and the Philippines plan to finalize a free trade agreement this year, and signed agreements to deepen cooperation on energy, defense, labor and migration, …

Economy Bloomberg
World Cup Muni Spending An Accelerator: Kleinman

Margot Kleinman, head of municipal research & portfolio manager at Nuveen, joins Scarlet Fu on "Bloomberg Real Yield." Municipal bonds helped 11 US World Cup …

Economy Financial Times
US economy undershoots forecasts with 57,000 jobs added in June

Hiring slows after 3-month streak of overperformance

Economy Financial Times
Burnham insists he will be disciplined with UK public finances

Prime minister in waiting says he will stick by Labour’s manifesto promises on tax

Economy Financial Times
Russia unleashes huge bombardment on Kyiv

Attack with 74 missiles and nearly 500 drones follows Zelenskyy’s warning that Moscow was preparing ‘massive strike’

Genuine Parts Said to Receive O’Reilly Interest in Auto Unit
Economy Bloomberg
Genuine Parts Said to Receive O’Reilly Interest in Auto Unit

Genuine Parts Co. has attracted a cash bid for its auto-parts arm from O’Reilly Automotive Inc. as it seeks to refocus on its industrials business, …

Economy Financial Times
Sandwich chain Jersey Mike’s files for IPO as Blackstone eyes windfall

Private equity group targets valuation of up to $12bn for purveyor of cheesesteaks and cold-cut heroes

Economy Financial Times
UK’s culture secretary and department quit X citing concerns over democracy

Move by Lisa Nandy marks first exit of a major cabinet department from the platform

DOJ Probes Alleged Insider Trading Scheme That Stung Susquehanna
Economy Bloomberg
DOJ Probes Alleged Insider Trading Scheme That Stung Susquehanna

The Justice Department is looking into Susquehanna International Group’s allegations that unknown insider traders made $100 million on options bets placed ahead of a recent …

EG Group’s Gas-Station Firm Cumberland Farms Files for US IPO
Economy Bloomberg
EG Group’s Gas-Station Firm Cumberland Farms Files for US IPO

Cumberland Farms Ltd, the gas station and convenience store operator, filed for a US initial public offering, joining a rush of debuts that’s powered a …

Florida’s Brightline Taps Reserves to Make Key Bond Payments
Economy Bloomberg
Florida’s Brightline Taps Reserves to Make Key Bond Payments

Brightline, the debt-laden Florida private railroad, tapped reserves to made a July 1 interest payment due to holders of its senior municipal bonds and corporate …

Economy Financial Times
Morgan McSweeney: ‘I felt guilty about what I’d done to Keir’

The former chief adviser to Keir Starmer forced out of his job over the Mandelson scandal talks for the first time about what went wrong

Economy Financial Times
Record-breaking ticket sales for British Museum’s Bayeux Tapestry show

More than £2.5mn raised in first allocation of tickets as hundreds of thousands of people queue online for hours

Economy Financial Times
Spain immigration amnesty draws 1.2mn applicants

More than twice the expected number of unauthorised immigrants applied for legal status, mostly from Latin America

Economy Financial Times
US unemployment ticks down in June, supporting hawkish Fed pivot

While job growth figures underwhelmed, the overall picture of the US labour market remains robust

US Stocks Give Up Jobs Report-Related Gains as Semis Pull Back
Economy Bloomberg
US Stocks Give Up Jobs Report-Related Gains as Semis Pull Back

US equities lost earlier gains as technology stocks trailed the S&P 500 Index for a second straight day, continuing the downturn after the rally seen …

Genneia Files for First Argentine IPO in the US Since 2019
Economy Bloomberg
Genneia Files for First Argentine IPO in the US Since 2019

Power producer Genneia SA filed for an initial public offering in New York, trying to become the first Argentine company to launch in the US …

Brazil Rail Operator Opens New Route to Boost Soymeal Exports
Economy Bloomberg
Brazil Rail Operator Opens New Route to Boost Soymeal Exports

Brazilian railway operator VLI SA is starting a new export route for soybean meal, addressing key bottlenecks as the country attempts to boost shipments of …

Economy Financial Times
Beijing plane crash pilot suffered from ‘insomnia and anxiety’, say police

Pilot who was living alone after divorce had made ‘repeated references’ to suicide in his diary, according to authorities

Morgan Stanley Among Banks Challenging Growing Dollar Optimism
Economy Bloomberg
Morgan Stanley Among Banks Challenging Growing Dollar Optimism

Currency strategists at Credit Agricole, Morgan Stanley and TD Securities are among those bucking the consensus call for a stronger dollar.

Economy Financial Times
Trump blocks long-term renewal of North America trade pact

Washington will hold annual reviews on terms of commerce with its biggest trading partners

Economy Bloomberg
Prasad: Oil Flow is Up But Market Uncertainty Remains

Oil extended its drop for a third day, as flows through the Strait of Hormuz climbed. Aathira Prasad, Director of Macroeconomics at Nasser Saidi & …

Economy Financial Times
What Hammersmith Bridge could teach Burnham

Devolved authorities do not face right or wrong choices, only trade-offs

Economy Financial Times
UK’s next census at risk if ONS fails to boost survey response …

Solving institutional crisis at the statistics agency will be ‘neither quick nor entirely linear’ says top official

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