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Healthcare firm Medline considers filing for US IPO, Bloomberg News reports
Sept 24 (Reuters) - Makers of medical supplies Medline is weighing a public filing for an initial public offering as soon as late October, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Thu, Sep 25
Behind bullish comments, some see Trump walking away from Ukraine
Trump's comments mark a shift in US stance on UkraineRemains unclear what role US will take in backing KyivSome analysts, officials say Trump is disengaging from issueEuropeans seek to bolster support for Kyiv amid Trump ambiguityTrump could change mind again on Ukraine, analyst says By Elizabet...
Wed, Sep 24
BYD needs battery plant in Europe to support auto production increase, special adviser says
MILAN, Sept 24 (Reuters) - Leading Chinese automaker BYD 002594.SZ will need to manufacture auto batteries in Europe as its car production in the region is expected to expand in the coming years, the group's special adviser for Europe said on Wednesday.
Wed, Sep 24
US STOCKS-S&P 500, Nasdaq futures edge up after Powell points to inflation risk
Sept 24 (Reuters) - Futures tied to the S&P 500 and the Nasdaq nudged higher on Wednesday as investors assessed measured comments from U.S. Federal Reserve Chair Jerome Powell and looked ahead to key economic data due later in the week.
Wed, Sep 24
Company finance chiefs say mood is lifting, but tariffs set to push prices higher, Fed survey shows
WASHINGTON, Sept 24 (Reuters) - U.S. corporate finance chiefs say the confusion around trade policy that put a damper on the first half of the year has begun to lift, but that price increases are still in the pipeline and may accelerate next year, according to the latest Fed survey of chief financia
Wed, Sep 24
Asian stocks reverse losses as China tech roars back
SINGAPORE, Sept 24 (Reuters) - Stocks in Asia rebounded on Wednesday, shaking off earlier Wall Street-led losses as renewed enthusiasm for artificial intelligence and semiconductors breathed fresh life into China's tech-led rally.
Wed, Sep 24
Euro zone bonds track muted US Treasuries as Powell reiterates cautious path
Sept 24 (Reuters) - Euro zone bond yields were steady on Wednesday, tracking subdued U.S. counterparts after Federal Reserve Chair Jerome Powell reaffirmed a cautious approach on future rate decisions amid the twin risks of high inflation and a softer U.S. labour market.
Wed, Sep 24
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Japan's Nikkei closes at record as AI rally helps overcome early losses
TOKYO, Sept 24 (Reuters) - Japan's Nikkei share average closed at a record high on Wednesday, fighting back from early losses on optimism buoyed by investments in artificial intelligence.
Wed, Sep 24
Ford to recall over 115,500 US vehicles on steering column defect
Sept 24 (Reuters) - Ford Motor Co F.N is recalling 115,539 vehicles in the U.S. due to a defect that could cause the steering column's upper shaft to detach, potentially leading to a loss of steering control, the U.S. National Highway Traffic Safety Administration said on Wednesday.
Wed, Sep 24
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Vietnam PM seeks new trade deals to counter US tariff impact
HANOI, Sept 24 (Reuters) - Vietnam's prime minister said Hanoi was pursuing new trade deals this year to mitigate the impact of tariffs imposed on its goods by the United States, its largest market.The statement came days after estimates by the United Nations Development Programme showed U.S. du...
Wed, Sep 24
Japan's Nikkei comes off record close as overheated tech shares slip
TOKYO, Sept 24 (Reuters) - Japan's Nikkei share average edged lower on Wednesday, weighed down by profit-taking in high-flying tech shares.
Wed, Sep 24
GLOBAL MARKETS-Asian stocks slip as growth concerns cloud outlook
SINGAPORE, Sept 24 (Reuters) - Stocks in Asia fell on Wednesday, following declines on Wall Street as remarks by Federal Reserve Chair Jerome Powell gave little indication about the future path of interest rates and economic data fuelled concerns about slowing growth.
Wed, Sep 24
Crypto firm Tether eyes $500 billion valuation in major raise, Bloomberg News reports
Sept 23 (Reuters) - Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday.The company is seeking $15 billion to $20 billion for roughly a 3% stake, the report said, ...
Wed, Sep 24
Stocks break AI-driven rally; Powell's caution tempers U.S. yields
NEW YORK Sept 23 (Reuters) - Wall Street stock indexes broke a three-day string of artificial intelligence-fuelled records on Tuesday, and U.S. Treasury yields slid after Federal Reserve Chair Jerome Powell indicated a cautious approach to the next U.S. interest rate decision.
Wed, Sep 24
EXCLUSIVE-Trump wants piece of company in charge of America’s biggest lithium mine
Sept 23 (Reuters) - The Trump administration is seeking an equity stake of as much as 10% in Lithium Americas LAC.N as it renegotiates terms of the company's $2.26 billion Energy Department loan for its Thacker Pass lithium project with General Motors GM.N, two people familiar with the discussions t
Wed, Sep 24
Chicago Fed releases interim unemployment estimate, with September at 4.3%
By Howard SchneiderWASHINGTON, Sept 23 (Reuters) - The Chicago Federal Reserve said on Tuesday it had combined government and private data into a new estimate of the unemployment rate that would give policymakers faster-moving, twice monthly updates of a statistic central to the central bank's c...
Tue, Sep 23
Indonesia, EU seal trade deal, hope to offset Trump tariffs
Deal removes import duties on over 90% of exportsEU sees saving of 600 mln euros of Indonesian dutiesEU deforestation regulation remains a challenge for palm oil industryBy Sultan Anshori NUSA DUA, Indonesia, Sept 23 (Reuters) - Indonesia and the European Union concluded a free trade agreement on
Tue, Sep 23
Orsted court win against Trump lifts wind farm maker's shares
US ruling offers temporary relieve for OrstedRisk of credit downgrade reduced, analyst sayProject was 80% complete at time of work-stop orderOrsted incurs weekly cost of $15.7 million for projectBy Louise Rasmussen and Stine Jacobsen COPENHAGEN, Sept 23 (Reuters) - Orsted ORSTED.CO shares rose o...
Tue, Sep 23
Wall Street futures hold steady after tech-fueled rally; Powell in focus
Futures: Dow up 0.07%, S&P 500 down 0.04%, Nasdaq flatBoeing rises on Uzbekistan deal, potential China orderKenvue shares bounce, Trump's claims face pushbackBy Niket Nishant and Purvi Agarwal Sept 23 (Reuters) - U.S. stock index futures were largely unchanged on Tuesday after a tech-dri...
Tue, Sep 23
Retailers lead gains in London stocks, weaker pound boosts
Sept 23 (Reuters) - London stocks edged higher on Tuesday, led by retailers, while a weaker sterling further boosted the exporter-heavy FTSE 100 index.
Tue, Sep 23
