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Delta Air Lines reaffirms annual profit forecast on sustained travel demand
Sept 11 (Reuters) - Delta Air Lines DAL.N on Thursday reaffirmed its full-year and current-quarter earnings forecasts, betting on sustained travel demand in the U.S.
Thu, Sep 11
Wall St set for muted open as inflation data keeps September rate cut bets firm
Sept 11 (Reuters) - Wall Street's main indexes were set for a subdued open on Thursday after the latest inflation reading kept the U.S. central bank on track to deliver an interest rate cut later this month.U.S. consumer prices rose more than expected in August and the annual increase in inflation
Thu, Sep 11
Euro dips after ECB rate decision, stocks and bonds steady
Sept 11 (Reuters) - The euro dipped a touch, while euro zone bond yields stayed steady, and European stocks held higher after the European Central Bank held rates steady at 2% as expected, but slightly reduced its longer-term growth and inflation forecasts.
Thu, Sep 11
London stocks rise as investors assess corporate earnings, await US inflation data
Sept 11 (Reuters) - London stocks rose on Thursday, boosted by industrials and energy stocks, while investors assessed corporate earnings and awaited a key inflation report from the U.S. due later in the day.
Thu, Sep 11
Oracle marches toward $1 trillion club; tech stocks cheer
Sept 11 (Reuters) - Oracle's ORCL.N shares rose on Thursday, adding to a record run in the previous session and lifting stocks across the tech sector, as the company inches closer to the coveted trillion-dollar club on soaring gains from its AI cloud business.
Thu, Sep 11
Euro zone government bond yields edge up before ECB, US inflation data
Sept 11 (Reuters) - Euro zone government bond yields edged higher on Thursday as investors stayed cautious ahead of the European Central Bank’s policy decision and key U.S. economic data due later in the session.
Thu, Sep 11
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India's IT sector nervous as US proposes outsourcing tax
Many big-name US companies rely on Indian outsourcingBill tabled to tax US firms hiring overseas staff over AmericansDeliberations could prompt firms to delay signing IT contractsFirms set to lobby against bill, take legal action, experts sayBy Haripriya Suresh and Urvi Dugar BENGALURU, Sept 11 (
Thu, Sep 11
Asian equities see first monthly foreign outflow in four months in August
By Gaurav Dogra Sept 11 (Reuters) - Asian equities saw sharp outflows in August as worries over U.S. President Donald Trump's tariffs weighed on the outlook for the region's exporters, while a weaker dollar added to margin pressures and competitiveness concerns.Foreigners sold a net $8.8 ...
Thu, Sep 11
Japanese investment in foreign stocks hit 4-month high as Fed cut bets mount
Sept 11 (Reuters) - Japanese weekly net investments in foreign stocks were at their highest in four months last week, on expectations that the Federal Reserve would cut interest rates at its September policy meeting to support the cooling U.S. labour market.
Thu, Sep 11
Asia gets AI fever as Oracle surges
It was Oracle mania that lighted a fire under Asian tech stocks on Thursday, as Japan .N225, Taiwan .TWII and South Korea .KS11 set records in what was otherwise set to be a subdued session before high-stakes U.S. inflation data.
Thu, Sep 11
Dollar steady as inflation data and central banks take focus
SINGAPORE, Sept 11 (Reuters) - The dollar stabilised in Asia on Thursday after an unexpected drop in U.S. factory-gate prices bolstered expectations the Federal Reserve will cut rates next week, with traders now awaiting U.S. consumer price data later in the day.
Thu, Sep 11
Asian stocks rally to record highs on Fed rate-cut hopes
Sept 11 (Reuters) - Asian equities surged on Thursday, with benchmark indexes in Japan, Taiwan and South Korea hitting record highs, underscoring strong investor optimism ahead of a widely expected rate cut by the U.S. Federal Reserve next week.
Thu, Sep 11
Japan wholesale inflation accelerates in August
By Leika KiharaTOKYO, Sept 11 (Reuters) - Japan's wholesale inflation accelerated in August on steady rises in food costs, data showed on Thursday, highlighting sticky inflationary pressure that may keep alive market expectations of a near-term interest rate hike. The data, seen as a leading ...
Thu, Sep 11
Rubio spoke Wednesday with China's Wang Yi, State Department says
WASHINGTON, Sept 10 (Reuters) - U.S. Secretary of State Marco Rubio spoke on Wednesday with Chinese Foreign Minister Wang Yi on global and regional issues, in a follow-up to the meeting the two held in Malaysia this year, State Department deputy spokesperson Tommy Pigott said."Secretary Rubio em...
Thu, Sep 11
Perplexity finalizes $20 billion valuation round, the Information reports
Sept 10 (Reuters) - AI startup Perplexity has secured commitments from investors for $200 million in new funding at a $20 billion valuation, the Information reported on Wednesday, citing a person with knowledge of the matter. Reuters could not immediately verify this report and Perplexity did not im
Thu, Sep 11
Fed seen on course for rate cuts after PPI data
Sept 10 (Reuters) - The Federal Reserve is likely to start a series of interest-rate cuts next week and keep going through the end of the year, traders bet on Wednesday after tamer-than-expected producer price inflation last month calmed worries that price pressures would hold the central bank back
Thu, Sep 11
Trump administration appeals ruling blocking removal of Fed Governor Cook
Trump has accused Cook of mortgage fraudJudge said that was not sufficient cause to remove herLegal battle could upend Fed's independence By Daniel Wiessner Sept 10 (Reuters) - President Donald Trump's administration on Wednesday moved quickly to appeal a federal judge's ruling te...
Thu, Sep 11
Toyota to manufacture EV SUVs at US Kentucky plant
TOKYO, Sept 10 (Reuters) - Toyota Motor 7203.T will start making two battery-powered sport utility vehicles at its U.S. Kentucky plant, as part of a move to improve manufacturing efficiency and better serve market demand, the Japanese automaker said.The company will assemble two new three-row batter...
Wed, Sep 10
Oil prices settle up over $1 after global tensions mount; oversupply caps gains
US crude, fuel stocks rose last week, EIA saysGlobal tension mounts as Poland shoots down dronesTrump asks EU to put tariffs on China, India to pressure Russia, sources sayLonger-term outlook still for oversupply as OPEC+ ups productionBy Arathy Somasekhar HOUSTON, Sept 10 (Reuters) - Oil prices ...
Wed, Sep 10
CORRECTED-Fed seen on course for rate cuts after PPI data
Sept 10 (Reuters) - The Federal Reserve is likely to start a series of interest-rate cuts next week and keep going through the end of the year, traders bet on Wednesday after tamer-than-expected producer price inflation last month calmed worries that price pressures would hold the central bank back ...
Wed, Sep 10
