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Trump signs executive order extending tariff deadline to August 1

(Reuters) -U.S. President Donald Trump signed an executive order Monday extending the date on which so-called “reciprocal” tariffs will take effect to August 1. The previous deadline had been July 9. (Reporting by Christian Martinez; editing by Ryan Patrick Jones)

Australia’s Qantas says cyber criminal contacts one week after data breach

(Reuters) -A cyber criminal has made contact with Australia’s Qantas following a data breach last week that exposed personal information of six million customers, a company spokesperson told Reuters on Tuesday. The hacker had targeted a call centre and gained access to a third-party customer service platform containing the customers’ names, email addresses, phone numbers, …

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Chevron preps quick closing of Hess deal and awaits result of Exxon dispute

By Sheila Dang HOUSTON (Reuters) -Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess, according to two sources and an industry analyst, including by preparing a severance program for some Hess workers. The preparations come as both companies await a decision in a legal challenge from larger rival …

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Exxon signals lower oil, gas prices could hit second-quarter profit

By Sheila Dang HOUSTON (Reuters) -Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter’s level. The earnings snapshot from the largest U.S. oil producer is closely watched for clues on how the broader oil sector will fare when companies begin …

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Australian telco Vocus receives government nod for TPG Telecom deal

(Reuters) -Australia’s TPG Telecom said on Monday that Macquarie-backed Vocus Group has secured the final approval for its A$5.25 billion ($3.42 billion) acquisition of TPG’s enterprise, government and wholesale fixed-line and fibre assets. The deal, first announced in 2024, received approval from Australia’s competition regulator in March, positioning Vocus as one of the country’s largest …

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Private delivery firms eye bigger market share as strikes plague Canada Post

By Abhinav Parmar (Reuters) -UPS, FedEx and other private parcel carriers are busy cornering a bigger share of the nearly $17 billion Canadian delivery market, while government-owned Canada Post copes with labor turmoil. Canada Post, the country’s primary postal service, has been plagued by labor disruptions since last year, including during the peak holiday season …

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Newmont to fire at least 10% of staff at Suriname’s Merian mine

PARAMARIBO (Reuters) -Newmont, the world’s largest listed gold miner, announced on Friday that it would lay off 10% to 15% of its workforce at its Merian mine in Suriname, citing production declines. “Since 2021, gold production at Merian has declined 48% while operating costs have increased by 50%, challenges that have put pressure on the …

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