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Lazard profit plunges on elevated tax rate, financial advisory volatility

Lazard profit plunges on elevated tax rate, financial advisory volatility

July 23 (Reuters) - Investment bank Lazard reported a 91% plunge in second-quarter profit on Thursday, hurt by a higher tax rate and a drop in revenue in its financial advisory business. Net income fell to $5 million, ⁠or 3 cents per share, in the three months ended June 30.

Cigna says AI tools to save customers $200 million in medical expenses over three years

Cigna says AI tools to save customers $200 million in medical expenses over three years

By Amina Niasse NEW YORK, July 23 (Reuters) - Health insurer Cigna said on Thursday that the artificial intelligence tools it is employing to identify patients with chronic or complex conditions will save customers $200 million in medical costs over the next three years.

Honeywell Technologies raises 2026 profit forecast in first post-split earnings

Honeywell Technologies raises 2026 profit forecast in first post-split earnings

July 23 (Reuters) - Honeywell Technologies raised its full-year 2026 profit forecast on Thursday, helped by resilient demand for its industrial and building automation products, even as quarterly profit missed analysts' expectations.

Nasdaq tops profit estimates on high-profile listings, robust data revenue

July 23 (Reuters) - Nasdaq beat Wall Street estimates for second-quarter profit on Thursday, boosted by several high-profile listings on its exchange and strong demand for its data services in a volatile market environment.

Germany set to make big announcement on Jürgen Klopp

Germany set to make big announcement on Jürgen Klopp

The new boss has a big job ahead of him for Germany.

Mobileye beats estimates, hunts for CEO as founder departs

Mobileye beats estimates, hunts for CEO as founder departs

July 23 (Reuters) - Mobileye Global founder Amnon Shashua plans to step down as chief executive officer after the appointment of a successor, the autonomous driving technology maker said on Thursday, as it reported second-quarter results that topped Wall Street estimates.

India's Modi promises fast-track courts on exam leaks, protesters want minister to quit

India's Modi promises fast-track courts on exam leaks, protesters want minister to quit

By YP Rajesh, Tanvi Mehta and Anushree Fadnavis NEW DELHI, July 23 (Reuters) - Indian Prime Minister Narendra Modi said on Thursday that “fast-track” courts would be set up to prosecute those behind exam paper leaks, his first public response after days of youth protests demanding the resignation of

Houthis say they attacked 2 Saudi oil tankers in the Red Sea as US carries out 12th night of strikes

Houthis say they attacked 2 Saudi oil tankers in the Red Sea as US carries out 12th night of strikes

Yemen’s Iran-backed Houthi rebels says they have attacked two Saudi oil tankers in the Red Sea, and the U.S. military said it conducted a 12th night of strikes against Iran as the two countries vie for control of vital shipping lanes

India protest movement holds capital sit-in as police crack down on demonstrators

India protest movement holds capital sit-in as police crack down on demonstrators

Young protesters in India are camping on the streets of New Delhi

Russia's biggest online retailer is the latest target of Ukraine's attacks

Russia's biggest online retailer is the latest target of Ukraine's attacks

Ukrainian attacks on Russian warehouses have targeted Wildberries, Russia's largest online retailer

Israelis fear Saudi nuclear deal could ignite Mideast arms race

Israelis fear Saudi nuclear deal could ignite Mideast arms race

By Steven Scheer JERUSALEM, July 23 (Reuters) - A deal between the United States and Saudi Arabia allowing the kingdom to build nuclear reactors using American technology and to enrich uranium has fuelled fears in Israel of the start of an arms race in the Middle East.

In Gaza's tent camps, a cigarette lighter becomes a lifeline

In Gaza's tent camps, a cigarette lighter becomes a lifeline

By Haseeb Alwazir and Nidal al-Mughrabi GAZA/CAIRO, July 23 (Reuters) - In the sprawling tent camps of southern Gaza, a disposable cigarette lighter has become an unlikely luxury item, as essential to daily survival as food, water and fuel.

EU envoys agree 21st sanctions package against Russia targeting banks

EU envoys agree 21st sanctions package against Russia targeting banks

By Julia Payne, Philip Blenkinsop and Andrew Gray BRUSSELS, July 23 (Reuters) - European Union envoys agreed on a 21st sanctions package against Russia over its war in Ukraine, imposing curbs on its banking sector while also finding a compromise with Greece to soften restrictions on Russian LNG,

Rubio says Trump team poised to help end Ukraine's 'senseless war' but no quick deal

Rubio says Trump team poised to help end Ukraine's 'senseless war' but no quick deal

U.S. Secretary of State Marco Rubio says the Trump administration is ready to help end the war in Ukraine

A sailor dies after a Ukraine-bound tanker catches fire off Romania as officials probe war link

A sailor dies after a Ukraine-bound tanker catches fire off Romania as officials probe war link

A sailor injured when a Ukraine-bound tanker ship caught fire off Romania’s Black Sea coast has died, Romanian media reported Thursday

Warren accuses AI firms of trying to curb oversight in trade accord

Warren accuses AI firms of trying to curb oversight in trade accord

WASHINGTON, July 23 (Reuters) - Democratic Senator Elizabeth Warren accused major AI companies of pushing the Trump administration to limit AI transparency rules in North America's trade pact, arguing instead that regulators should have broader access to information about the companies' models.