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MADRID, July 17 (Reuters) – Spain’s Pedro Sanchez and U.S. President Donald Trump are set to meet again at Sunday’s World Cup final, as strained relations between the ​two leaders over defence spending and the war ‌with Iran continue to simmer. Sanchez, the Spanish prime minister, will be in New Jersey for the game, his office said on Friday, where Trump could end up handing the trophy to the Spanish team, who play ‌Argentina.

July 17 (Reuters) – Truist Financial reported a higher quarterly profit on Friday, as a rebound in capital markets activity helped ​boost earnings from investment banking, while ‌volatility fueled trading desks. Across the industry, banks have reaped gains from a revival in dealmaking that has bolstered lucrative advisory fees, while heightened market volatility has ‌fueled ​client activity across their ⁠trading desks.

BRASILIA, July 17 (Reuters) – Brazil’s government has authorized nearly 13.3 billion reais ($2.6 billion) in extraordinary credit for rural development ​programs, debt-refinancing initiatives, and support ‌for sugarcane producers affected by U.S. tariffs, it said in an extra edition of the official gazette late on Thursday.

KAMPALA, July 17 (Reuters) – Twenty schoolchildren died when the bus carrying them crashed on the way back from a trip ​to some waterfalls in eastern Uganda ‌late on Thursday, authorities said. The government said on Friday it was banning all school excursions as the tragedy prompted outpourings of grief and online posts ‌demanding ​better safety standards.

(This story has been republished to change an image, with no changes to text) July 17 (Reuters) – Intuitive Surgical shares fell more than 12% before the bell on Friday after it maintained its ​global growth forecast for procedures performed with its da Vinci ‌surgical robots and warned that changes to some insurance plans could hurt demand.

July 13 (Reuters) – Fifth Third Bancorp reported a rise in second-quarter profit on Friday, helped by higher net interest income ​and fee growth in capital markets and ‌wealth management businesses. Regional lenders have benefited from stabilizing funding costs and resilient client activity, while capital markets and wealth management businesses have provided an additional boost ‌despite ​an uncertain economic backdrop.

Burnham will ‌formally become ⁠prime minister on ⁠Monday.

(This is an excerpt of the Health Rounds newsletter, where we present latest medical studies on Tuesdays and Thursdays) By Nancy Lapid July 17 (Reuters) – We also report on an investigational vaccine that kept pancreatic cancer from developing in a small study of people at high genetic risk.

By Anna Szymanski July 17 (Reuters) – From the Editor Hello Morning Bid readers! We can’t seem to get away from semiconductors and straits. Asian stocks continued to tumble this week even after tech giants like Taiwan’s TSMC reported blockbuster numbers. While these ructions may indicate concerns about the durability of hyperscalers’ massive AI capex outlays – and thus chipmakers’ eye-popping profits – the volatility in Asia likely also reflects the unwinding of leveraged positions.

July 17 (Reuters) – Property and casualty insurance giant Travelers posted a 44% jump in second-quarter core profit on Friday, as the industry bellwether benefited ​from lower catastrophe losses and strong investment income. Demand ‌for insurance has remained resilient despite broader spending pressures, as businesses and consumers continue to seek protection against financial, legal and catastrophe-related risks.