Here are the top stories and upcoming coverage plans for Reuters
text service as of 10:00 a.m. GMT/ 6:00 a.m. ET. For a full
schedule of news and events, go to our editorial calendar on
Reuters Connect.
TOP STORIES
GLOBAL
EU-VONDERLEYEN/PARLIAMENT
EU's von der Leyen vows defence push, climate continuity in
bid for second term
European Commission President Ursula von der Leyen vowed on
Thursday to create a "European Defence Union" and to stay the
course on Europe's green transition while cushioning its burden
on industry as she pitched for a second term.
USA-ELECTION/BIDEN-SCHUMER
Schumer, Pelosi increase pressure on Biden to step aside, US
media reports
Top Democrats including U.S. Senate Democratic leader Chuck
Schumer and former House Speaker Nancy Pelosi have increased
pressure on President Joe Biden to withdraw from his reelection
campaign over concerns he cannot defeat Republican challenger
Donald Trump, U.S. media reported on Wednesday.
U.S.
USA-ELECTION/TRUMP
Trump running mate J.D. Vance vows to fight for 'forgotten'
workers
Donald Trump's vice presidential running mate, U.S. Senator
J.D. Vance, presented himself to the nation on Wednesday night
as the son of a neglected industrial Ohio town who will fight
for the working class if elected in November.
USA-POLITICS/BIDEN
Biden tests positive for COVID, will self-isolate in
Delaware
U.S. President Joe Biden, under pressure from fellow
Democrats to drop his re-election campaign, tested positive for
COVID-19 while visiting Las Vegas on Wednesday and is
self-isolating after experiencing mild symptoms, the White House
said.
BUSINESS
TSMC-RESULTS/
TSMC rides AI demand to raise revenue forecast, says no to
US joint venture
Taiwan's TSMC, the world's largest contract chipmaker,
raised its full-year revenue forecast on Thursday given surging
demand for chips used in artificial intelligence, and rejected
the idea of a joint venture factory in the United States.
NOKIA-RESULTS/
Nokia reports 32% drop in profit but sees recovery in 2nd
half
Nokia reported a 32% drop in second-quarter operating
profit, citing weak demand for 5G telecom equipment, but the
Finnish telecoms group said sales should recover towards the end
of 2024 with the help of orders from North America.
ENTERTAINMENT
SOUTHKOREA-LGBT/
In landmark ruling, South Korea's top court confirms state
benefits for gay couples
South Korea's supreme court on Thursday upheld a ruling that
a same-sex partner was eligible for spousal benefits from state
health insurance, a move hailed as a win for LGBTQ rights in a
country that has lagged others in the region.
AWARDS-EMMYS/
'Shogun,' 'The Bear' pile up nominations for TV Emmys
Historical drama "Shogun," the sweeping story of a struggle
for power in feudal Japan, racked up 25 nominations on Wednesday
to lead this year's contenders for television's Emmy Awards.
SPORTS
SOCCER-FIFA/RANKINGS
Soccer-Spain climb to third in FIFA rankings, Argentina stay
top
Newly crowned European champions Spain rose to third in the
latest FIFA rankings published on Thursday, while World Cup
winners Argentina held on to the top spot following their Copa
America triumph.
SOCCER-COPA/RACISM
Soccer-FIFA investigating video after France alleges racism
against Argentina
FIFA is investigating a video circulating on social media
that shows members of the Argentina national team singing about
France's players in a way that the French Football Federation
(FFF) said was "racist and discriminatory".
UPCOMING
SCIENCE / TECHNOLOGY
HEALTH-BIRDFLU/CHICKENS
Chicken culling, disposal raise concern as bird flu spreads
The spread of bird flu from poultry to dairy farms has
heightened concerns among health experts that the process of
killing and disposing of poultry infected with the virus may
pose a health risk to humans and livestock.
18 Jul 05:00 ET / 10:00 GMT
BUSINESS / ECONOMICS
MONEY-GOLD/YOUNGINVESTORS
Golden rule: Why younger investors are drawn to gold
What asset class do Millennials and Gen Z investors both
want to own? Here is an answer you may not have guessed: Gold.
Among wealthy investors under the age of 43, 45% own gold as a
physical asset, and another 45% are interested in holding it,
according to a recent study by Bank of America Private Bank.
18 Jul 05:00 ET / 10:00 GMT
ANDES-CLIMATE CHANGE/MOUNTAINEERING (PIX) (TV)
WIDER IMAGE-In the Andes, mountain guides bear witness to
shrinking glaciers
On a clear day, Chile's towering 5,400-meter El Plomo
mountain can be seen from the capital, Santiago. The
glacier-capped Andean peak has been climbed and revered for
centuries, with the Incas carrying out human sacrifices at the
summit.The route to the top is still the same path paved by the
Incas, with archeological remnants scattered along the way. An
Incan mummy was found near the summit in 1954, perfectly
preserved due to the mountain's dry and cold conditions. Now the
mountain is crumbling. Rising global temperatures due to climate
change have led the glacier to retreat and the permafrost to
melt. New lagoons have formed and ruptured, landslides have
injured climbers and massive sinkholes have opened up, breaking
up the ancient path to the summit. "Every year things are
changing more. Every year there's more sadness," Francisco
Gallardo, a 60-year-old muleteer who has worked on the mountain
since he was 14, told Reuters at the Federacion base camp, about
1,300 meters below the summit.
18 Jul 05:00 ET / 10:00 GMT
KEYCORP-RESULTS/
Q2 2024 KeyCorp Earnings Release
KeyCorp is slated to report its second quarter results on
hursday. The regional bank's profit is expected to fall as the
firm pays out more on costlier deposits.
18 Jul 05:30 ET / 10:30 GMT
GHANA-COCOA/FARMERS-OUTLOOK
Ghana's cocoa farmers forecast rebound in 2024/2025 crop
season
Ghanaian cocoa farmers expect a boost in the 2024/2025
season starting in October after a sharp fall in production this
season contributed to boosting global cocoa prices to record
levels. An increase in production in Ghana, against the backdrop
of a record price surge and a dismal harvest, holds not only
financial implications for Ghana but also for the global cocoa
industry that has been grappling with tight supply.
18 Jul 05:30 ET / 10:30 GMT
M&T BNK US-RESULTS/
Q2 2024 M&T Bank Corp Earnings Release
M&T Bank's second quarter profit is expected to fall as
costlier deposits erode the lender's interest income.
18 Jul 05:30 ET / 10:30 GMT
CUBA-CHINA/ELECTRIC CAR (PIX) (TV)
Cubans assemble Chinese electric cars and scooters in Havana
Cubans assemble Chinese electric cars and scooters in Havana
amid fuel shortagesi-
18 Jul 06:00 ET / 11:00 GMT
ABBOTT-RESULTS/
Abbott Laboratories reports Q2 results
Abbott Laboratories is set to report second-quarter results
before the bell on Thursday. Investors will look out for its
quarterly performance in the medical devices segment, any
changes to the 2024 outlook as well as rollout plans and growth
expectations for company's recently cleared gulcose monitoring
devices, Lingo and Libre Rio.
18 Jul 06:30 ET / 11:30 GMT
DOMINOS PIZZA-RESULTS/
Domino's Pizza Q2 2024 Earnings
Domino's Pizza is expected to post a rise in second-quarter
revenue, as more people cash in on the company's loyalty
program. Investors will watch out for comments on consumer
behaviour and spending, particularly in the lower-income cohort.
18 Jul 07:30 ET / 12:30 GMT
CINTAS-RESULTS/
Cintas Corp Q4 2024 Earnings
Uniform rental firm Cintas Corp is expected to post a rise
in fourth-quarter sales on Thursday, helped by resilient demand
for its high-priced uniforms. Investors will look out for
comments on demand, impact of energy expenses, pricing actions
and annual forecasts.
18 Jul 07:30 ET / 12:30 GMT
USA-TREASURY/ANNOUNCEMENT
US Treasury announces sales: 3- & 6-month bills; 2-year
FRNs; 2-, 5- & 7-year notes
Treasury Dept. weekly announcement of 3- and 6-month bill
sale offerings; announces sales of 2-year floating rate notes;
2-, 5- and 7-year notes.
18 Jul 10:00 ET / 15:00 GMT
USA-MORTGAGES/FREDDIEMAC
Freddie Mac releases weekly report on U.S. mortgage rates
Freddie Mac releases a weekly survey report on U.S. mortgage
interest rates.
18 Jul 11:00 ET / 16:00 GMT
USA-TREASURY/AUCTION
Treasury Dept. sells 10-year Treasury Inflation-Protected
Securities
Treasury Dept. sells 10-year Treasury Inflation-Protected
Securities.
18 Jul 12:00 ET / 17:00 GMT
USA-FED/LOGAN
Dallas Federal Reserve Bank President Logan gives opening
remarks before Fed conference
Federal Reserve Bank of Dallas President Lorie Logan gives
opening remarks before the "Exploring Conventional Bank Funding
Regimes in an Unconventional World" conference co-sponsored by
the Federal Reserve Bank of Dallas and Federal Reserve Bank of
Atlanta, in Dallas, Texas.
18 Jul 12:45 ET / 17:45 GMT
ARGENTINA-TRADEFIGURES/
June trade balance data due for release
Argentine government is due to release June trade balance
data
18 Jul 13:30 ET / 18:30 GMT
ARGENTINA-ACTIVITY/
May economic activity data due
Argentine government due to release May economic data
18 Jul 13:30 ET / 18:30 GMT
NETFLIX-RESULTS/
Netflix To Report Second Quarter Results
Netflix is expected to report a rise in revenue in the
second quarter helped by its password sharing crackdown and
demand for its ad-supported version.
18 Jul 15:00 ET / 20:00 GMT
INTUITIVE-RESULTS/
Intuitive reports Q2 earnings
Intuitive Surgical is expected to give its second quarter
results on Thursday. Investor focus will be on the demand for
its surgical robots.
18 Jul 15:00 ET / 20:00 GMT
INVESTMENT-MUTUALFUNDS/LIPPER
Lipper reports weekly U.S. fund flows
Thomson Reuters Lipper reports weekly sales of mutual funds
and exchange-traded funds, showing what changing money flows say
about asset allocations, hot and cold sectors, and the varying
appeals of regions and industries.
18 Jul 15:30 ET / 20:30 GMT
USA-FED/BOWMAN
Federal Reserve Board Governor Bowman speaks at Fed
conference in Dallas
Federal Reserve Board Governor Michelle Bowman speaks on
"Accountability and Reform" before the "Exploring Conventional
Bank Funding Regimes in an Unconventional World" conference
co-sponsored by the Federal Reserve Bank of Dallas and Federal
Reserve Bank of Atlanta, in Dallas, Texas.
18 Jul 18:45 ET / 23:45 GMT
EUROPE-WHEAT/CROPS
Roundup on mixed conditions for Europe's wheat crop as
harvesting gets going
19 Jul
TRADE-WTO/CHINA
WTO trade review of China
WTO trade review of China's policies.
19 Jul
AMEX-RESULTS/
AmEx to report second-quarter results
Credit card giant American Express ( AXP ) is expected to
report higher second quarter profit due to a massive jump in net
interest income, when it publishes its earnings on Friday.
19 Jul
POLITICS / INTERNATIONAL AFFAIRS
FRANCE-POLITICS/PROTEST (PIX) (TV)
Protest calling for left-wing government after French
elections
Protest called to coincide with first session of French
parliament after elections which resulted in a stalemate, as
unions and leftwing supporters call for their alliance - which
came first but doesn't have a majority - to form the next
government.
18 Jul 05:00 ET / 10:00 GMT
USA-ELECTION/REPUBLICANS-PRESIDENCY
Trump lays ground for imperial presidency
This story that will look at the convergence of the cult of
personality and the ground being laid for an imperial
presidency. If Republicans cement control of Congress, and
following SC rulings, Trump could become most powerful president
in US history, one who has vowed to exact revenge on enemies,
remake the US federal civil service, mount the largest
deportation effort in US history, wage war on Mexican cartels
for the first time and launch a trade war while pushing for new
large tax cuts that could fuel inflation. This story will
underline the stakes at play in the election.
18 Jul 05:00 ET / 10:00 GMT
USA-ELECTION/
Pressure grows on Biden to drop out, Trump to accept
Republican nomination
President Joe Biden's reelection bid was mired in fresh
turmoil after news reports that top Democratic leaders had
privately pushed him to end his campaign, while Donald Trump was
set to accept the Republican presidential nomination at his
party's national convention on Thursday.
18 Jul 05:00 ET / 10:00 GMT
HEALTH-CORONAVIRUS/BRITAIN (PIX)
UK COVID inquiry to issue first report on preparedness
A public inquiry examining Britain's response to the
COVID-19 outbreak will issue its first report, focusing on how
well prepared the nation was for handling such a pandemic.
18 Jul 07:00 ET / 12:00 GMT
USA-ELECTION/BIDEN-CLIMATE
Climate groups split over whether Biden should 'pass the
torch'
Environmental groups are split over whether President Joe
Biden should step aside for another Democrat at the top of the
2024 Democratic ticket, with some groups concerned his lack of
support in polling signals he'd get beaten by fossil fuel
booster Donald Trump.
18 Jul 11:00 ET / 16:00 GMT
SAFRICA-POLITICS/ (PIX) (TV)
South African President Ramaphosa to give opening of
parliament address
South Africa's President Cyril Ramaphosa will give a speech
to open parliament and outline the priorities of the seventh
administration of the democratic era. The address coincides with
Mandela Day, which marks the birthday of anti-apartheid icon and
South Africa's first democratic president, Nelson Mandela.
Ramaphosa was re-elected last month at the head of a coalition
government after his African National Congress party lost its
majority in a May 29 election.
18 Jul 12:00 ET / 17:00 GMT
TAIWAN-DIPLOMACY/ (PIX) (TV)
Taiwan foreign minister gives news conference
Taiwan Foreign Minister Lin Chia-lung gives news conference
for foreign media.
19 Jul 21:00 ET / 02:00 GMT
CHINA-POLITICS/PLENUM-PRESSER (TV)
China's Communist Party to hold news conference on plenum
China's Communist Party Central Committee will hold a news
conference on Friday to brief the media on the party's third
plenum. State media previewed the plenum meeting as
"epoch-making."
19 Jul 21:00 ET / 02:00 GMT
USA-ELECTION/REPUBLICANS-TRUMP (TV)
ANALYSIS - Taking stock of Trump and the Republican Party at
the close of the convention
A news analysis after former President Donald Trump's
remarks at the close of the Republican convention in Milwaukee.
18 Jul 22:00 ET / 03:00 GMT
VENEZUELA-ELECTION/
Organization of Venezuela election makes contest vulnerable
to confusion-opposition
Venezuelan opposition figures and analysts say that a series
of organizational decisions by the government of President
Nicolas Maduro - from how the ballot is laid-out to staffing at
polling stations - make the country's July 28 presidential
election vulnerable to voter confusion.
19 Jul
SPAIN-POLITICS/SANCHEZ-WIFE (PIX) (TV)
Spanish PM Sanchez's wife to testify in court over
corruption allegations
Begona Gomez, wife of Spanish Prime Minister Pedro Sanchez,
will appear before a judge to testify over allegations of
corruption and influence peddling that spurred her husband to
consider resigning in April.
19 Jul
CHINA-CANADA/
Canadian foreign minister visits China from July 18-20
Canadian Minister of Foreign Affairs Mélanie Joly will visit
China from July 18 to 20 at the invitation of Member of the
Political Bureau of the Communist Party of China Central
Committee and Foreign Minister Wang Yi, foreign ministry
spokesperson Lin Jian announced on Thursday.
19 Jul