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New US-China TikTok agreement similar to terms agreed this spring, sources say
By Kane Wu, Julie Zhu and Karen Freifeld Sept 16 (Reuters) - President Donald Trump's agreement with China that would keep TikTok operating in the United States, transferring its U.S. assets to U.S. owners from China's ByteDance, is similar to a deal worked out earlier this year, three so...
Wed, Sep 17

GSK plans $30 billion US investment as pharma tariff threat looms
By Maggie Fick Sept 17 (Reuters) - GSK GSK.L said on Wednesday it plans to invest $30 billion in research and development and supply chain infrastructure in the United States over the next five years, after U.S. President Donald Trump arrived in Britain for an unprecedented second state visit to
Wed, Sep 17
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Oil settles over 1% higher as Ukraine drone attacks target Russian supply
Russia may have to cut output after Ukrainian attacksMarkets eye Fed meeting for clues on economy Analysts expect US crude inventory declines last weekBy Shariq Khan NEW YORK, Sept 16 (Reuters) - Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian su
Wed, Sep 17

Fed for now avoids shock to independence after Cook ruling; Miran sworn in as governor
Fed begins two-day policy meeting on TuesdayUS central bank expected to cut rates by a quarter of a percentage pointCook to attend following court ruling; Miran sworn in as governor By Howard Schneider and Ann Saphir WASHINGTON, Sept 16 (Reuters) - The U.S. Federal Reserve began a two-day meeting
Wed, Sep 17

TikTok lives: US, China in deal for app to keep operating in US
Deal keeps TikTok operating in US under US-controlled ownershipByteDance to keep single largest ownership stake at 19.9% - sourcesDeal expected to close in 30-45 days, CNBC reportsBy Andrea Shalal and Deborah Mary Sophia WASHINGTON, Sept 16 (Reuters) - President Donald Trump on Tuesday announced
Tue, Sep 16

Trump files $15 billion defamation case against New York Times, Penguin Random House
Trump sues NYT, Penguin Random House for $15 billionNYT says case is meritless, aimed at stifling reportingLawsuit is Trump's latest attack on major media outletsBy Jack QueenSept 15 (Reuters) - President Donald Trump has filed a $15 billion defamation lawsuit against the New York Times and book...
Tue, Sep 16

US import prices increase in August on capital, consumer goods
WASHINGTON, Sept 16 (Reuters) - U.S. import prices unexpectedly rose in August, boosted by strong increases in the costs of capital and consumer goods, suggesting domestic inflation was poised to accelerate in the coming months.
Tue, Sep 16

Xpeng AeroHT's flying cars collided mid-flight at air show, company says
BEIJING, Sept 16 (Reuters) - Two of Xpeng AeroHT's flying cars collided mid-flight during rehearsals for the upcoming Changchun Air Show on Tuesday, and one suffered damage and caught fire during landing, the company said in a statement to Reuters.
Tue, Sep 16

US STOCKS-S&P 500, Nasdaq set for higher open on rate cut hopes; markets sift through retail data
Sept 16 (Reuters) - The S&P 500 and the Nasdaq were set for a higher open on Tuesday as investors anticipated interest rate cuts from the Federal Reserve on Wednesday, while parsing through the latest retail sales reading.
Tue, Sep 16

US opens probe into 174,000 Tesla Model Y cars over door handle failures
WASHINGTON, Sept 16 (Reuters) - The U.S. National Highway Traffic Safety Administration said on Tuesday it had opened an investigation into about 174,000 Tesla TSLA.O Model Y cars from the 2021 model year over reports that electronic door handles can become inoperative.
Tue, Sep 16

US online holiday sales to slow as shoppers tighten budgets, Salesforce forecasts
Sept 16 (Reuters) - U.S. online sales growth during the 2025 holiday season is expected to slow from last year, as price-conscious shoppers stay picky with their spending amid rising living costs, according to a Salesforce forecast released on Tuesday.
Tue, Sep 16
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Stocks firm, dollar down as bets build for Fed rate cuts
SINGAPORE/LONDON, Sept 16 (Reuters) - Global shares held near record highs on Tuesday as investors bought U.S. assets on the premise that the Federal Reserve is likely to cut rates, while selling equities in Europe, where borrowing costs look unlikely to fall much further.
Tue, Sep 16

PRECIOUS-Gold touches record high as Fed rate-cut hopes dent dollar
Dollar on back foot as traders eye series of Fed rate cutsSPDR Gold Trust holdings rose 0.2% on MondayFed policy statement due on WednesdayBy Brijesh Patel Sept 16 (Reuters) - Gold scaled a record peak on Tuesday, supported by a weaker dollar ahead of the Federal Reserve's policy meeting this...
Tue, Sep 16

OpenAI hires former xAI CFO Mike Liberatore as business finance officer
Sept 16 (Reuters) - OpenAI has hired Mike Liberatore, former finance chief at Elon Musk's xAI, to be the artificial intelligence startup's business finance officer, responsible for overseeing its AI infrastructure, a company spokesperson told Reuters on Tuesday.Liberatore, who left xAI in Ju...
Tue, Sep 16

Asia stocks scale new highs, dollar weakens as investors eye Fed cut
Market mood buoyant ahead of Fed decisionAsia shares scale multi-year highsTrump economic adviser Miran gets Senate nod to join Fed boardInvestors eyeing slew of Fed cuts by year-endBy Rae Wee SINGAPORE, Sept 16 (Reuters) - Asia stocks climbed on Tuesday while the dollar fell as investors bet the
Tue, Sep 16

South Korea presidential office says tariff talks with US stalled
SEOUL, Sept 16 (Reuters) - South Korea's presidential office said on Tuesday that tariff talks with the U.S. have been stalled for a while, but President Lee Jae Myung is determined not to force Korean companies to sustain losses by rushing to sign a trade deal. The countries have been strug...
Tue, Sep 16

Japan's Nikkei hits record high as tech stocks track Wall Street gains
By Junko FujitaTOKYO, Sept 16 (Reuters) - Japan's Nikkei share average touched a record high on Tuesday, as technology stocks tracked Wall Street's strong overnight finish ahead of the U.S. Federal Reserve's crucial policy meeting later this week. The Nikkei .N225 rose to as high as 45,0...
Tue, Sep 16

Oracle among firms to enable TikTok to continue operations in US, CBS reporter says
Sept 15 (Reuters) - Oracle ORCL.N is among a consortium of firms that would enable TikTok to continue operations in the U.S. if a framework deal between the U.S. and China is finalized, CBS News reporter Jennifer Jacobs said in a post on X on Monday.
Tue, Sep 16

South Korea presidential office says tariff talks with US stalled, Newsis reports
SEOUL, Sept 16 (Reuters) - South Korea's presidential office said on Tuesday that tariff talks with the U.S. are in a difficult deadlock, but President Lee Jae Myung is determined not to force Korean firms to sustain losses, the Newsis news agency reported, citing a presidential official.
Tue, Sep 16

Australia dollar notches another top, momentum on its side
By Wayne Cole SYDNEY, Sept 16 (Reuters) - The Australian dollar eked out its fifth-straight high for the year on Tuesday as the outlook for interest rate and yield spreads shifted in its favour, while technical momentum remained bullish.The Aussie was steady at $0.6667 AUD=D3, having earlier edge
Tue, Sep 16



