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What did Trump, Xi agree to on tariffs, export controls and fentanyl
Nov 1 (Reuters) - The White House on Saturday released details about the agreement that U.S. President Donald Trump reached this week with Chinese President Xi Jinping to de-escalate their countries’ trade war, including U.S. tariff reductions and a pause in ...
Mon, Nov 3
Turkey buys more non-Russian oil after latest Western sanctions, sources say
LONDON/MOSCOW, Nov 2 (Reuters) - Turkey's largest oil refineries are buying more non-Russian oil in response to the latest Western sanctions on Russia, two people with direct knowledge of the matter and several industry sources told Reuters.
Mon, Nov 3
China's Xi jokes about 'backdoor' when gifting South Korea's Lee Xiaomi phones
GYEONGJU, South Korea/BEIJING, Nov 1 (Reuters) - Chinese President Xi Jinping gifted South Korea's President Lee Jae Myung a pair of Xiaomi smartphones and jokingly urged him to "check if there's a backdoor," during a state visit on Saturday that capped the Asia-Pacific Economic Coop...
Mon, Nov 3
China battery maker shares rise after agreement to pause export controls
BEIJING, Oct 31 (Reuters) - Chinese battery maker shares rose on Friday after the government said it would suspend recent export controls, which included lithium-ion batteries and related materials, as part of a trade truce with the United States.The battery thematic index .CSI931719 rose as much as
Fri, Oct 31
China stocks ease as investors lock in gains after trade truce
SHANGHAI, Oct 31 (Reuters) - China stocks fell on Friday, on track to end the week little changed, as investors booked profits following the U.S.-China trade truce and shifted their focus onto domestic corporate earnings and economic fundamentals.U.S. President Donald Trump said on Thursday he had a
Fri, Oct 31
Japan bonds rise after dovish BOJ stokes demand at two-year auction
TOKYO, Oct 31 (Reuters) - Japanese government bonds rose on Friday, reversing earlier losses, after strong demand at an auction of two-year notes ended a run of weak sales for the tenor.Investors returned to the debt after Bank of Japan Governor Kazuo Ueda adopted a relatively d...
Fri, Oct 31
Disney networks go dark on YouTube TV after failed talks
Disney networks include FX, Nat Geo, and Disney Channel YouTube TV's failed negotiations with Disney follow similar disputes with NBCUniversal, Fox, and ParamountYouTube TV claims Disney's terms benefit Hulu + Live TV over YouTube TVBy Shubham Kalia and Dawn Chmielewski Oct 30 (Reuters) -...
Fri, Oct 31
Trump-Putin summit cancelled after Moscow sent memo to Washington, FT reports
Oct 31 (Reuters) - The United States cancelled a planned Budapest summit between President Donald Trump and Russian President Vladimir Putin following Russia's firm stance on hardline demands regarding Ukraine, the Financial Times reported on Friday.The decision came after a tense call between t...
Fri, Oct 31
Vance warns of US aviation 'disaster' if shutdown does not end
WASHINGTON, Oct 30 (Reuters) - Vice President JD Vance on Thursday warned of a potential holiday meltdown if a government shutdown stretches into the busy Thanksgiving holiday travel season and urged Democrats to provide the votes to reopen the government.
Fri, Oct 31
OpenAI, Oracle plan 1 gigawatt Stargate data center in Michigan with Related Digital
Oct 30 (Reuters) - OpenAI, Oracle ORCL.O and Related Digital will build a data-center campus of more than 1 gigawatt in Saline Township, Michigan, as part of their Stargate push to expand U.S. artificial intelligence infrastructure capacity.
Fri, Oct 31
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
WASHINGTON, Oct 30 (Reuters) - Apple AAPL.O Chief Executive Tim Cook on Thursday gave forecasts for holiday quarter iPhone sales and overall revenue that surpass Wall Street expectations, powered by orders for iPhone 17 models that the company is racing to fulfill amid continuing supply constraints.
Fri, Oct 31
Core consumer prices in Japan's capital accelerate, keep BOJ under pressure
Tokyo Oct core CPI rises 2.8% yr/yr vs f'cast +2.6%Index excluding fresh food, fuel rises 2.8% yr/yr in OctData keeps alive expectations of near-term BOJ rate hikeFactory output rises 2.2% in September, beats forecastBy Leika Kihara TOKYO, Oct 31 (Reuters) - Core inflation in Japan's capi...
Fri, Oct 31
Meta to raise $30 billion in its biggest bond sale as AI expansion costs rack up
Oct 30 (Reuters) - Social media giant Meta Platforms META.O will raise up to $30 billion in its biggest bond offering ever, it said in a filing on Thursday, as Big Tech rushes to fund the costly expansion of artificial intelligence infrastructure.
Fri, Oct 31
China to buy 12 million metric tons of US soybeans this season, Bessent says
CHICAGO, Oct 30 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January, down from 22.5 million tons in the prior season after a months-long tariff battle halted all purchase
Fri, Oct 31
Netflix taps bank to explore bid for Warner Bros Discovery
Oct 30 (Reuters) - Netflix NFLX.O is actively exploring a bid for Warner Bros Discovery's WBD.O studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter.
Fri, Oct 31
Crypto exchange Coinbase beats Street estimates as trading volumes surge
Oct 30 (Reuters) - Coinbase Global COIN.O beat analysts' estimates for third-quarter profit on Thursday, as heightened volatility in digital assets boosted trading volumes at the cryptocurrency exchange, sending its shares up more than 3% after the bell.
Fri, Oct 31
[Reuters Analysis] Nuclear curveball: Trump's testing plan raises fears, confusion in Washington
WASHINGTON, Oct 30 (Reuters) - If U.S. Navy Vice Admiral Richard Correll thought he was going to have an easy confirmation hearing on Thursday to become the commander of America's nuclear forces, those hopes surely vanished at 9:04 p.m. the night before he was to testify.
Fri, Oct 31
Amazon shares soar as cloud growth beats expectations
Oct 30 (Reuters) - Amazon's AMZN.O cloud revenue rose at the fastest clip in nearly three years, helping the company forecast quarterly sales above estimates and driving its shares up 14% in after-market trading.
Fri, Oct 31
Japan's Nikkei climbs to record high as tech shares rally
TOKYO, Oct 31 (Reuters) - Japan's Nikkei share average climbed to an all-time high on Friday as tech stocks jumped following strong sales forecasts overnight from Apple AAPL.O and Amazon AMZN.O.
Fri, Oct 31
Tech leaders boost AI spending, but Alphabet's cash flow wins investor favor
Oct 30 (Reuters) - Four of the biggest U.S. technology companies flagged plans this week to accelerate capital spending over the next year but investors were most accepting of Google-parent Alphabet's GOOGL.O ability to fund its plans from its cash flow.
Fri, Oct 31
