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Turkish Airlines completes deal to buy 225 Boeing planes after Erdogan-Trump talks
President Erdogan met Trump at White House on ThursdayState carrier recently bought minority stake in Air EuropaTurkish Airlines aims to raise fleet to 800 aircraft by 2033By Can Sezer and Daren Butler ISTANBUL, Sept 26 (Reuters) - Turkish Airlines THYAO.IS said on Friday it would order 75 Boeing...
Fri, Sep 26
PRECIOUS-Gold holds ground as Fed rate-cut bets fade, tariffs boost support
Trump slaps fresh tariffs on a broad range of importsU.S. economy grew faster than estimated in second quarterU.S. PCE data due at 1230 GMTPlatinum hovers near 12-year highBy Anmol Choubey Sept 26 (Reuters) - Gold steadied on Friday as U.S. data tempered expectations for further Federal Reserve r...
Fri, Sep 26
Asian currencies set for weekly losses; S.Korea shares slump
Sept 26 (Reuters) - Most Asian currencies were poised for weekly losses as the dollar strengthened and U.S. President Donald Trump's latest tariffs dampened risk sentiment, while South Korean shares fell nearly 3% on Friday on concerns over U.S. trade talks.
Fri, Sep 26
Rupee averts record low on cenbank intervention as tariff clouds darken
MUMBAI, Sept 26 (Reuters) - The Indian rupee managed to hold above its all-time low on Friday, supported by likely central bank intervention, even as steep U.S. tariffs on branded drug imports compounded lingering concerns over a hit to trade and foreign portfolio flows.
Fri, Sep 26
ByteDance to set up US company as part of TikTok restructuring, LatePost reports
BEIJING, Sept 26 (Reuters) - ByteDance will set up a new U.S. company as part of the restructuring of TikTok's U.S. operations, Chinese media outlet LatePost reported on Friday.
Fri, Sep 26
Japan to launch facility to support $550 billion investment under US trade deal
TOKYO, Sept 26 (Reuters) - Japan's finance ministry said on Friday that it will set up an investment facility at a state-owned development bank to support a $550 billion investment package agreed in Tokyo's tariff deal with Washington.
Fri, Sep 26
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Japan has most-favoured nation status for US pharmaceutical tariffs, Akazawa says
TOKYO, Sept 26 (Reuters) - Japan has secured the United States' most-favoured nation status on its tariffs on chips and drugs, Tokyo's trade negotiator Ryosei Akazawa said on Friday, after U.S. President Donald Trump announced new sector-specific tariff measures.
Fri, Sep 26
Stocks struggle as Trump slaps new tariffs, Fed cut bets unwind
SINGAPORE, Sept 26 (Reuters) - Asia shares got off to a shaky start on Friday after U.S. President Donald Trump unveiled a fresh round of punishing tariffs and as traders pared bets of sharp U.S. rate cuts following stronger-than-expected economic data.
Fri, Sep 26
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Oil set for biggest weekly gain in three months as Russia cuts fuel exports
Sept 26 (Reuters) - Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine's attacks on Russia's energy infrastructure push Moscow to restrict fuel exports and close to cutting crude output.
Fri, Sep 26
Japan revises July real wages to show contraction from growth
TOKYO, Sept 26 (Reuters) - Japan revised real wages in July to a 0.2% fall from a previously reported growth of 0.5%, a labour ministry release showed on Friday.
Fri, Sep 26
Wall Street indexes finish lower, data raises uncertainty for rate-cut outlook
NEW YORK Sept 25 (Reuters) - U.S. stocks ended moderately lower on Thursday, with most S&P 500 sectors down as economic data increased uncertainty over the outlook for interest rate cuts from the Federal Reserve.
Fri, Sep 26
Tesla urges Trump administration to keep vehicle emissions rules, climate finding
WASHINGTON, Sept 25 (Reuters) - Electric vehicle manufacturer Tesla TSLA.O urged the Trump administration not to repeal vehicle emissions standards or the long-standing U.S. finding that greenhouse gas emissions endanger human health.
Fri, Sep 26
Meta in talks to use Google's Gemini to improve ad business, the Information reports
Sept 25 (Reuters) - Meta META.O staffers have had discussions with Alphabet's GOOGL.O Google Cloud about the possibility of using its Gemini models to improve the Facebook parent's ad business, the Information reported on Thursday.
Fri, Sep 26
Intel approaches TSMC for investments or partnership, WSJ reports
Sept 25 (Reuters) - Chipmaker Intel INTC.O has approached Taiwan Semiconductor Manufacturing Company 2330.TW about investments in manufacturing or partnerships, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Fri, Sep 26
Costco tops quarterly estimates as Americans seek bargains amid inflation
Sept 25 - Costco Wholesale COST.O beat fourth-quarter revenue and profit estimates on Thursday, as Americans hunting for bargains flocked to the membership-only retail chain to snap up lower-priced essentials.
Fri, Sep 26
American Lithium raises Peru project's investment by 22% to $847 million
AREQUIPA, Sept 25 (Reuters) - American Lithium LI.V has raised its planned investment for the Falchani lithium project in Peru by 22% to $847 million, an executive said on Thursday, as it relaunches the project following a favorable court ruling that ended a legal dispute over its concessions.
Fri, Sep 26
Oil holds steady at multi-week high as Russia limits fuel exports, US GDP revised up
U.S. economic data tempers optimism for further Fed rate cutsOversupply concerns back in focus for fourth quarterRussia to introduce a partial ban on diesel exports until the end of the yearBy Nicole Jao NEW YORK, Sept 25 (Reuters) - Oil prices steadied on Thursday after hitting a seven-week ...
Thu, Sep 25
White House threatens sharp cuts in US workforce in shutdown standoff
Trump plans to fire federal workers if government funding stopsSenate Democrats demand funding bill reverse healthcare cutsLaw restricts spending during shutdown, except for critical functionsBy Bo Erickson, Courtney Rozen and Kanishka Singh WASHINGTON, Sept 25 (Reuters) - President Donald Trump&...
Thu, Sep 25
Starbucks closing stores, including iconic Seattle roastery, as CEO deepens restructuring
Overhaul hit flagship Seattle store, Chicago Ridge Avenue shopRestructuring to cost $1 billionN. America store count to drop by about 1% Job cuts to impact support teamsBy Juveria Tabassum and Waylon Cunningham Sept 25 (Reuters) - Starbucks SBUX.O said on Thursday it would close underperforming s...
Thu, Sep 25
Goldman Sachs downgrades copper supply forecast after Grasberg mine disruption
By Anmol Choubey Sept 25 (Reuters) - Goldman Sachs lowered on Thursday its global copper mine supply forecast for 2025 and 2026 following a disruption at Indonesia's Grasberg, the world's second-largest copper mine.The incident, which occurred on September 8, trapped workers underground d...
Thu, Sep 25
