The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
PARIS, July 11 (Reuters) - President Emmanuel Macron will unveil on Friday France's latest nuclear-powered 'Barracuda' class submarine, a 9 billion euro ($10.13 billion) stealth vessel programme Paris says is key to maintaining its naval presence for decades to come.
The French government has placed an order for six of the 5,000-tonne submarines made by Naval Group, in which defence company Thales has a 35 percent stake.
The French navy expects to take delivery of the first, named "Suffren", for sea trials in 2020 and the remainder will enter service over the following decade, replacing France's ageing 'Ruby' class submarines.
"There is an imperative need for us to be present in conflict zones ... and to be able to pose a threat when necessary," General Francois Lecointre, Chief of the Defence Staff, told CNews on Thursday.
France expects the Barracuda class to remain in service until at least 2060. The Suffren will be presented in her dry dock in Cherbourg.
($1 = 0.8885 euros) (Reporting by Cyril Altmeyer; Writing by Richard Lough Editing by Gareth Jones)