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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
BOJ keeps interest rates steady, decides to start selling ETFs
TOKYO, Sept 19 (Reuters) - The Bank of Japan kept interest rates steady on Friday, but decided to start selling its holdings of exchange-traded funds (ETF) and real-estate investment trusts (REIT).As widely expected, the central bank maintained short-term interest rates at 0.5% at the two-day policy
Fri, Sep 19
Panasonic aims to develop groundbreaking EV battery in about two years
Anode-free technology could boost EV battery capacityPotential 90-mile increase in range of Tesla Model YPanasonic also aims to reduce the amount of nickel requiredBy Norihiko Shirouzu Sept 18 (Reuters) - Panasonic 6752.T aims to develop a new type of higher-capacity battery in about two years, p...
Fri, Sep 19
Nvidia spent over $900 million to hire Enfabrica CEO, license technology, CNBC reports
Sept 18 (Reuters) - Nvidia NVDA.O has spent over $900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup and to license the company's technology, CNBC reported on Thursday.The AI chip giant is paying in cash and stock, CNBC said, citing tw...
Fri, Sep 19
[Reuters Analysis] Heightened uncertainties feed Fed inconsistencies: McGeever
By Jamie McGeever ORLANDO, Florida, Sept 18 (Reuters) - The Federal Reserve cut interest rates on Wednesday for the first time in nine months, arguing the move is necessary to counter increasing risks to the labor market. The rationale is sound enough. There's only one problem - it seems to c...
Fri, Sep 19
Microsoft slips as $4 bln AI data center unveiled
Microsoft MSFT.O slipping 0.2% after unveiling plans for $4 bln AI data center in Wisconsin, boosting state investment to $7 bln
Fri, Sep 19
Japan's Nikkei extends record run ahead of BOJ decision
TOKYO, Sept 19 (Reuters) - Japan's Nikkei share average continued its winning ways on Friday, rising to a record before an expected hold on policy from the Bank of Japan.The gains in Japan followed another record day on Wall Street after a rate cut by the Federal Reserve, which forecast more eas...
Fri, Sep 19
Trump asks US Supreme Court to allow firing of Fed Governor Lisa Cook
Until Trump, no president had tried to fire a Fed officialLegal battle jeopardizes Fed's longstanding independenceSupreme Court has often backed Trump in emergency rulings By Jan Wolfe and Andrew Chung WASHINGTON, Sept 18 (Reuters) - President Donald Trump's administration asked the U.S. ...
Fri, Sep 19
