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Trump's H-1B visa crackdown upends Indian IT industry's playbook
Visa fee of $100,000 for new H-1B visas is "prohibitive"H-1B visa fee may lead to legal challenges, selective sponsorshipDeals, operating models expected to be overhauledU.S. firms' GCCs expected to grow in India, Canada, Mexico, and Latin AmericaBy Haripriya Suresh and Sai Ishwarbharath...
Mon, Sep 22
Lachlan Murdoch, Michael Dell, Ellison involved in TikTok deal, Trump says
Trump allies would gain influence over social media appUS-China work toward deal to transfer TikTok US assetsLachlan Murdoch set to control conservative media empireBy Dawn Chmielewski and David Shepardson WASHINGTON, Sept 21 (Reuters) - President Donald Trump said on Sunday that media mogul Lach
Mon, Sep 22
South Korea's President Lee says US investment demands would spark financial crisis
Commercial feasibility of $350 bln investments main trade obstacle with US, Lee tells ReutersPresident says talks with North Korea unlikely for nowLee frets tensions between democratic, socialist statesLee to be first South Korean president to chair UN Security Council meetingLee doesn't think T...
Mon, Sep 22
[Reuters Analysis] China's bull market risks running out of gas: Raychaudhuri
By Manishi Raychaudhuri HONG KONG, Sept 22 (Reuters) - China's onshore equity markets are booming, outperforming many of their developed market counterparts this year. But whether this is the beginning of a true Chinese equity boom or yet another short-lived bubble will likely depend on gover...
Mon, Sep 22
'Fast and furious': H-1B workers abroad race to US as Trump order sparks dismay, confusion
SAN FRANCISCO/NEW YORK, Sept 21 (Reuters) - Panic, confusion and anger reigned as workers on H-1B visas from India and China were forced to abandon travel plans and rush back to the U.S. after President Donald Trump imposed new visa fees, in line with his wide-ranging immigration crackdown.
Mon, Sep 22
Four major Western nations recognise Palestinian state, to fury of Israel
LONDON/TORONTO, Sept 21 (Reuters) - Britain, Canada, Australia and Portugal all recognised a Palestinian state on Sunday in a move borne out of frustration over the Gaza war and intended to promote a two-state solution, prompting a furious response from Israel.
Mon, Sep 22
Oil prices slip as robust supply outweighs Fed cut
Large oil supplies, declining demand push prices lowerRefinery turnaround season will also cut demand for crude Benchmarks gain for a second straight weekBy Erwin Seba HOUSTON, Sept 19 (Reuters) - Oil prices dropped on Friday as worries about large supplies and declining demand outweighed expecta...
Mon, Sep 22
Trump and Xi make progress on TikTok deal, plan to meet in South Korea
Trump says Xi approved TikTok deal; China more circumspectUS Congress ordered app shutdown absent saleFirst leaders' call since JuneUS-China ties remain strained despite successive trade talks By Trevor Hunnicutt WASHINGTON, Sept 19 (Reuters) - U.S. President Donald Trump said he and Chinese...
Sat, Sep 20
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BHP likely to name first female CEO in its 140-year history, FT reports
Sept 19 (Reuters) - BHP Group BHP.AX is likely to appoint Geraldine Slattery, the head of its Australia operations, as its first female chief executive in its 140-year history, the Financial Times reported on Friday.If appointed, Slattery will be one of only a handful of female CEOs at major global ...
Fri, Sep 19
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After Trump pressure, EU aims to bring forward Russian LNG import ban
EU proposes 19th package of sanctions against RussiaUS president has urged Europe to up pressure on MoscowProposal needs approval from EU member states to passRussia has shrugged off prospect of more energy sanctionsBy Julia Payne, Lili Bayer and John Irish BRUSSELS, Sept 19 (Reuters) - The Europ...
Fri, Sep 19
FedEx shares rise as U.S. deliveries, cost cuts drive first-quarter results beat
By Rashika Singh and Shivansh Tiwary Sept 19 (Reuters) - Shares of FedEx FDX.N rose as much as 2% in early trade on Friday, after the parcel giant's first-quarter results surprised Wall Street, driven by strong domestic deliveries and cost-cutting measures that offset a tariff-induced decline...
Fri, Sep 19
PRECIOUS-Gold heads for fifth weekly gain with focus on US policy path after Fed action
Gold well positioned for a significant gain, analyst saysGold hit record high of $3,707.40/oz on WednesdayIndia premiums hit 10-month highBy Anmol Choubey Sept 19 (Reuters) - Gold prices edged higher on Friday, set for a fifth straight weekly gain, buoyed by the Federal Reserve's first rate c...
Fri, Sep 19
Nvidia explores $500 million investment in UK self-driving startup Wayve
Sept 19 (Reuters) - U.S. chip designer Nvidia NVDA.O has signed a letter of intent for a possible $500 million investment in the next funding round at Britain's Wayve, the autonomous driving technology group said on Thursday.
Fri, Sep 19
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Citi sees Brent crude at $60 by year-end as OPEC+ ramps up production
Sept 19 (Reuters) - Citi analysts on Friday forecast Brent crude oil prices would fall to $60 per barrel by year-end and average $62 per barrel between the second and fourth quarters of 2026, citing OPEC+ production increases and China's stockpiling.
Fri, Sep 19
BOJ to unwind ETF holdings as split board signals hawkish shift
BOJ keeps short-term policy rate steady at 0.5%Two board members proposed unsuccessfully to hike to 0.75%BOJ decides to start selling ETFs, REITs in marketYen rallies, stocks turn negative after decisionUeda says want to scrutinise more data, see downside risksBy Leika Kihara and Makiko Yamazaki ...
Fri, Sep 19
Ford recalls nearly 102,000 vehicles over risk of door trim detachment, NHTSA says
Sept 19 (Reuters) - Ford Motor F.N is recalling 101,944 Taurus sedans in the United States due to a defect that could cause door trim to detach while driving, the National Highway Traffic Safety Administration said on Friday.
Fri, Sep 19
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Trump says US seeks control of Afghanistan's Bagram air base given up in withdrawal
LONDON, Sept 18 (Reuters) - The United States seeks to regain control of Bagram air base in Afghanistan, President Donald Trump said on Thursday during a press conference with British Prime Minister Keir Starmer, but an Afghan official dismissed the need for any U.S. presence.The historic Soviet-bui...
Fri, Sep 19
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PRECIOUS-Gold flat as investors await more Fed cues after heavy cenbank week
Gold hit record high of $3,707.40/oz on WednesdaySpot gold may fall into $3,596 to $3,617 range - technicalsPalladium on track for a weekly dipBy Brijesh Patel Sept 19 (Reuters) - Gold prices were flat on Friday as markets awaited more cues on the U.S. policy path after the Federal Reserve...
Fri, Sep 19
Asia shares set for weekly gains, Nikkei retreats as BOJ leans hawkish
SYDNEY, Sept 19 (Reuters) - Asian shares were headed for weekly gains on Friday on hopes of further rate cuts around the world, while the Nikkei retreated from record highs after the Bank of Japan flagged a further unwinding of its massive stimulus policies.
Fri, Sep 19
Japan's Nikkei flips to losses, yen firms as BOJ holds rates in split decision
TOKYO, Sept 19 (Reuters) - Japan's Nikkei share average turned negative on Friday, while the yen firmed, after the Bank of Japan (BOJ) kept interest rates steady as expected, but in a split decision, with two of the nine board members voting in favour of a hike.
Fri, Sep 19
