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TotalEnergies' capex cuts fail to ease investor debt concerns
Total to sell 50% of US solar portfolio for $950 millionBuys 49% of upstream US gas assets for undisclosed sumCEO under pressure to lower 18% net debt-to-equity ratioWill cut capex by $1 billion annually through 2030By America Hernandez Sept 29 (Reuters) - TotalEnergies' TTEF.PA plan to cut a...
Mon, Sep 29
Cannabis stocks surge after Trump endorses cannabidiol for senior healthcare
By Johann M Cherian Sept 29 (Reuters) - Shares of pot companies rose on Monday after U.S. President Donald Trump advocated the potential benefits from the use of cannabidiol in senior healthcare in a social media post.Trump had said last month his administration was looking to reclassify marijuan...
Mon, Sep 29
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Lufthansa to cut 4,000 jobs, raises profitability targets
Job cuts will be mainly in GermanyPilots' union votes on strike actionLufthansa holding first company-wide capital markets day in six yearsShares rise 2%By Joanna Plucinska and Ilona Wissenbach MUNICH/FRANKFURT, Sept 29 (Reuters) - Lufthansa LHAG.DE will cut 4,000 administrative jobs by 2030 ...
Mon, Sep 29
Trump touts a boom in US auto plant construction, but carmakers' actions tell a different story
Sept 29 (Reuters) - President Donald Trump frequently describes a booming U.S. auto industry, fueled by new factories from Canada, Mexico and Europe that he says will soon be producing American-made vehicles for global markets - from Tokyo to Paris.
Mon, Sep 29
Fed's Miran sees Trump economic overhaul driving down rates, others see a risky bet
Miran sees neutral rate in decline due to Trump policiesFast cuts could carry their own risksMany models of neutral, with Miran's views also including a wide rangeBy Howard Schneider WASHINGTON, Sept 29 (Reuters) - New Federal Reserve Governor Stephen Miran's call for big interest rate cu...
Mon, Sep 29
DeepSeek releases model it calls 'intermediate step' towards 'next-generation architecture'
BEIJING, Sept 29 (Reuters) - Chinese AI developer DeepSeek has released its latest model which it said was an "experimental release" that was more efficient to train and better at processing long sequences of text than previous iterations.The Hangzhou-based company called DeepSeek-V3.2-Exp a...
Mon, Sep 29
Silver miners gain on weaker US dollar, Fed rate cut hopes
U.S.-listed shares of silver miners gain premarket, tracking rising prices of the white metal
Mon, Sep 29
Musk's X 'deeply concerned' by Indian court order over content takedown, plans appeal
X says it will appeal to defend freedom of expressionIndia says new system tackles proliferation of unlawful contentJudge had said that 'liberty is yoked with responsibility' Sept 29 (Reuters) - Social media platform X said on Monday that it was "deeply concerned" by an Indian cou...
Mon, Sep 29
Vance says US considering Tomahawk missiles for Ukraine
By Steve HollandWASHINGTON, Sept 28 (Reuters) - The United States is considering Ukraine's request to obtain long-range Tomahawk missiles for its effort to push back against Russian invaders, Vice President JD Vance said on Sunday.Ukrainian President Volodymyr Zelenskiy has asked the United Stat...
Mon, Sep 29
Japan's Nikkei slips as shares go ex-dividend; Sony Financial surges in debut
TOKYO, Sept 29 (Reuters) - Japan's Nikkei slipped on Monday for a second consecutive day, retreating from record-high levels reached last week, as numerous stocks lost their dividend entitlements.
Mon, Sep 29
Investors look past AI hype to long-term opportunities from government spending
MUMBAI, Sept 29 - Some of the world's biggest investors are looking beyond a boom in artificial intelligence to longer-term spending by governments tackling geopolitical, technological and demographic pressures set to reshape markets over the next few years.
Mon, Sep 29
South Korea scrambles to restore digital services after server fire
Fire causes major outages across online government systemsAbout 10% of affected services restored, ministry saysExperts criticise lack of backup By Heejin Kim and Heekyong Yang SEOUL, Sept 29 (Reuters) - South Korea brought back online on Monday less than a tenth of public services disrupted afte...
Mon, Sep 29
PRECIOUS-Gold vaults past $3,800/oz to record high as rate-cut hopes add luster
Sept 29 (Reuters) - Gold surged above $3,800 an ounce for the first time on Monday, driven by investor demand amid growing expectations of further interest rate cuts by the U.S. Federal Reserve this year, while a weaker dollar lent additional support to the precious metal.Spot gold XAU= gained 1.1%
Mon, Sep 29
Shares rise in Asia; dollar dips as US government faces closure
SYDNEY, Sept 29 (Reuters) - Most share markets rose in Asia on Monday while the dollar eased as investors braced for a possible shutdown of the U.S. government, which would in turn delay publication of the September payrolls report and a raft of other key data.
Mon, Sep 29
Grasberg disaster highlights fragility of copper supply chain
LONDON, Sept 29 (Reuters) - The copper market is long accustomed to unexpected supply hits but the catastrophic events at Freeport-McMoRan's FCX.N Grasberg mine in Indonesia are unprecedented in terms of scale and potential impact.
Mon, Sep 29
Japan's Nikkei slips as shares go ex-dividend; Sony Financial surges in debut
TOKYO, Sept 29 (Reuters) - Japan's Nikkei slipped on Monday for a second consecutive day, retreating from record-high levels reached last week, as numerous stocks lost their dividend entitlements.
Mon, Sep 29
US, Israel close to agreement on Trump plan to end Gaza war, Axios reporter says
Sept 28 (Reuters) - The U.S. and Israel are very close to an agreement on President Donald Trump’s plan to end the war in Gaza after talks between special envoy Steve Witkoff, Jared Kushner
Mon, Sep 29
Shares cautious in Asia as US government faces shutdown risk
SYDNEY, Sept 29 (Reuters) - Share markets got off to a cautious start in Asia on Monday as investors braced for a possible shutdown of the U.S. government, which would in turn delay publication of the September payrolls report and a raft of other key data.
Mon, Sep 29
Wall St Week Ahead-Investors look to jobs data to support rate-cut path, pricey stock market
NEW YORK, Sept 26 (Reuters) - Next week's U.S. jobs data may need to tread a fine line for Wall Street, revealing a cooling labor market that supports further interest rate cuts without fueling fears about a recession.
Mon, Sep 29
North Korea, China's foreign ministers meet in Beijing
SEOUL/BEIJING, Sept 29 (Reuters) - North Korean Foreign Minister Choe Son Hui met with China's top diplomat Wang Yi in Beijing on Sunday during her second visit to the Chinese capital in just one month, both countries' official news agencies reported.
Mon, Sep 29
