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France to raise regulated household electricity prices by 10% from August

The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official said on Tuesday, confirming a report from newspaper Les Echos.

Ukraine , France , Paris , France-general- , French , Tassilo-hummel , Bruno-le-maire , Jason-neely , Charlotte-van-campenhout , Reuters , Thomson-reuters-trust-principles , Finance-minister-bruno-le-maire

Morning Bid: Retail, housing and banks test jaunty July

A look at the day ahead in markets from Mike Dolan

Hong-kong , United-states , China , New-york , America , Christina-fincher , Michael-barr , Mike-dolan , Janet-yellen , Twitter , Thomson-reuters-trust-principles , Goldman-sachs

UK on track for most company insolvencies since 2009

England and Wales are on track for the highest quarterly number of company insolvencies since early 2009, as businesses struggle to repay COVID-19 loans against a tough economic backdrop, government figures showed on Tuesday.

London , City-of , United-kingdom , Britain , Andy-bruce , Gareth-harris , David-milliken , Thomson-reuters-trust-principles , Reuters , Insolvency-service , Kingdom-restructuring , Creditor-voluntary-liquidations

Morgan Stanley profit drops 14% as deal drought persists

Morgan Stanley's profit beat estimates as growth in its wealth management business offset lower trading revenue in the second quarter, and executives expressed optimism about the economic environment.

New-york , United-states , Bengaluru , Karnataka , India , Mehnaz-yasmin , James-gorman , Arun-koyyur , Lananh-nguyen , Niket-nishant , Tatiana-bautzer , Reuters

Denmark looking to contribute to Amazon Fund, Brazil says

Brazilian President Luiz Inacio Lula da Silva said on Tuesday that Danish Prime Minister Mette Frederiksen has told him that her country wants to contribute to the Amazon Fund, a Brazil-led initiative aimed at fighting deforestation.

Brussels , Bruxelles-capitale , Belgium , Norway , Brazil , France , United-kingdom , Spain , Denmark , Germany , British , Danish

Johnson & Johnson sues researchers who linked talc to cancer

Johnson & Johnson has sued four doctors who published studies citing links between talc-based personal care products and cancer, escalating an attack on scientific studies that the company alleges are inaccurate.

New-jersey , United-states , New-york , Massachusetts , Virginia , Richard-kradin , Dietrich-knauth , Allison-brown , Theresa-emory , Marino-tortorella-boyle , John-maddox , John-tortorella

EU may still loan Tunisia $1 bln if it secures IMF support

The European Union could still lend Tunisia's battered economy 900 million euros ($1.0 billion), an EU official said on Monday, but further talks will be in the third quarter and depend on a deal with the International Monetary Fund (IMF).

Brussels , Bruxelles-capitale , Belgium , Tunisia , Julia-payne , Andrew-cawthorne , Kais-saied , International-monetary-fund , European-commission , European-union , Thomson-reuters-trust-principles , Reuters

IMF board signs off on $1 bln in funds for Kenya

The International Monetary Fund's executive board on Monday signed off on nearly $1 billion in new funding for Kenya that could ease pressure on government finances in East Africa's largest economy, the global lender said in a statement.

Washington , United-states , Kenya , Andrea-shalal , Sandra-maler , Reuters , Thomson-reuters-trust-principles , Kenya-extended-fund-facility , International-monetary-fund , East-africa , Extended-fund-facility , Extended-credit-facility

Morning Bid: Global market outlook bright but China's clouds darken

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Australia , Japan , Beijing , China , India , Chinese , Jamie-mcgeever , Josie-kao , Reuters , China-evergrande-group , Nasdaq , Morgan-stanley

Yellen 'eager' to work with China on debt, other global challenges

U.S. Treasury Secretary Janet Yellen said on Sunday she was "eager" to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered.

Sri-lanka , Washington , United-states , China , Beijing , Moscow , Moskva , Russia , Ghana , Ukraine , World-bank , District-of-columbia