Reuters
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Wall St set for subdued open in run-up to employment revision figures
Sept 9 (Reuters) - Wall Street futures pointed to a slightly higher open on Tuesday, a day after major U.S. indexes closed near record peaks, as investors remained cautious ahead of an impending employment rate revision.
Tue, Sep 9
Walmart to launch first stores in Africa by year-end
JOHANNESBURG, Sept 9 (Reuters) - U.S. retailer Walmart WMT.N will launch its first branded stores in South Africa this year, it said on Tuesday.
Tue, Sep 9
Stocks and dollar steady as traders eye key payrolls benchmark revision
SINGAPORE/LONDON, Sept 9 (Reuters) - Global stocks and the dollar steadied on Tuesday ahead of a key revision to U.S. payrolls numbers that could help shape investor thinking about the likely course of Federal Reserve policy, while gold hit a new record high.
Tue, Sep 9
'The party is over' as European carmakers face tariffs and a price war in China
MUNICH, Sept 9 (Reuters) - Whisper it quietly, but beneath the buzz of shiny new car models and bright lights at Europe's largest car show, the industry sector is worried that their party is over.
Tue, Sep 9
HSBC sees gradual unwinding of OPEC+ voluntary cuts over next year
Sept 9 (Reuters) - HSBC's latest oil market supply and demand model envisions OPEC+ gradually unwinding 1.65 million barrels per day in "first-phase" voluntary production cuts over a 12-month period, the bank said in a note on Tuesday.
Tue, Sep 9
Eli Lilly launches platform for AI-enabled drug discovery
Sept 9 (Reuters) - Drugmaker Eli Lilly LLY.N said on Tuesday it is launching an artificial intelligence and machine learning platform that provides biotech companies access to drug discovery models trained on years of Lilly's research data.
Tue, Sep 9
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Nikkei ends lower on yen strength, profit-taking after crossing 44,000
TOKYO, Sept 9 (Reuters) - Japan's Nikkei share average ended lower on Tuesday, dragged by a stronger yen and profit-taking after the index climbed past the key 44,000 mark earlier in the session.
Tue, Sep 9
France's Macron seeks new prime minister after government's collapse
PARIS, Sept 9 (Reuters) - French President Emmanuel Macron is seeking his fifth prime minister in less than two years after opposition parties united to kick out centre-right Prime Minister Francois Bayrou over his unpopular plans for budget tightening.
Tue, Sep 9
South Korea trade talks with U.S. deadlocked over forex, Seoul says
Seoul says currency issue needs to be addressed in trade dealSouth Korea in different position to Japan, officials say$350 bln investment package expected to add to pressure on wonBy Yena Park and Jihoon Lee SEOUL, Sept 9 (Reuters) - South Korea's negotiations to finalise a U.S. trade deal ar...
Tue, Sep 9
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Ishiba's departure gives BOJ pause for thought on rate hikes
Politics won't derail BOJ rate hike plan but may affect timingTakaichi, proponent of low rates, seen frontrunner in LDP raceRising inflation may prod Takaichi to water down stimulus callsFiscal stimulus, yield spike may affect BOJ's QT, rate hike planBy Leika Kihara
Tue, Sep 9
Political turmoil comes thick and fast
Over the span of a few days, British Deputy Prime Minister Angela Rayner and Japanese Prime Minister Shigeru Ishiba have resigned, French lawmakers voted to oust Prime Minister Francois Bayrou, Argentine President Javier Milei's party suffered a heavy defeat and Indonesia abruptly replaced its long-
Tue, Sep 9
Japan's Nikkei rises to 44,000 for first time on trade, spending optimism
By Rocky Swift TOKYO, Sept 9 (Reuters) - Japan's Nikkei share average climbed past 44,000 for the first time on Tuesday as optimism over trade and potential increases in stimulus spending spread through the market.The Nikkei 225 Index .N225 jumped 0.9% to 44,018.78 in early trading, set for a...
Tue, Sep 9
Apple iPhone event may lack sparkle, but rumored iPhone Air likely to spur upgrades
Rumored iPhone Air could spur upgrades, analysts sayApple faces AI competition from rivals like Google and SamsungApple may raise iPhone prices via memory upgrades, without direct price hikesBy Stephen Nellis SAN FRANCISCO, Sept 8 (Reuters) - When Apple AAPL.O debuts new iPhones on Tuesday, anal
Tue, Sep 9
Intel announces key executive shake-up, says products chief Holthaus will exit
Sept 8 (Reuters) - Intel INTC.O announced a series of top executive changes on Monday, including the departure of products chief Michelle Johnston Holthaus, at a time when CEO Lip-Bu Tan intensifies efforts to turn around the struggling U.S. chipmaker.Holthaus, who will leave after more than three d
Tue, Sep 9
US tariffs on Japanese goods to be cut by Sept 16, Japan's Akazawa says on X
TOKYO, Sept 9 (Reuters) - U.S. tariffs on Japanese goods including cars and auto parts are set to be lowered by September 16, Japan's tariff negotiator Ryosei Akazawa said in an X post on Tuesday.Citing a U.S. Federal Register document dated September 9 that formalised President Donald Trump'...
Tue, Sep 9
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Wall St set to open higher as Fed rate-cut expectations firm
Sept 8 (Reuters) - Wall Street's main indexes were set for a higher open on Monday, rebounding from the previous session's decline, amid hopes that the Federal Reserve could lower borrowing costs soon in response to the latest jobs data.
Mon, Sep 8
German exports unexpectedly fall, investor morale plunges
Sept 8 (Reuters) - German exports unexpectedly fell in July on a sharp decline in U.S. demand due to Washington's tariffs on European imports, official data showed on Monday, while a survey indicated that investor morale has plunged this month.
Mon, Sep 8
Volkswagen in advanced talks with US over investment deal
VW in talks with US to mitigate tariff impactInvestment in US would boost supply chain, local employmentCEO says Porsche brand in 'sandwich' between China, tariffsUndecided whether Blume will give up VW or Porsche CEO role By Christoph Steitz and Louisa Off MUNICH, Sept 8 (Reuters) - Volk...
Mon, Sep 8
Japan PM hopefuls prepare leadership bids, markets recoil
PM Ishiba resigned after bruising election lossesEx-foreign minister Motegi first to announce bidFinancial markets recoil on political uncertaintyFiscal dove Takaichi seen among frontrunnersLDP leadership vote likely on October 4, source saysBy Kaori Kaneko and Rocky Swift TOKYO, Sept 8 (Reuters)...
Mon, Sep 8
PRECIOUS-Gold hovers near record high on US rate-cut prospects
China's central bank buys gold in August for 10th month in a rowGold hit record high of $3,599.89/oz on FridaySpeculators raise net long positions in gold - CFTCBy Brijesh Patel Sept 8 (Reuters) - Gold held firm near an all-time high on Monday, inching closer to a key $3,600 level, bolstered ...
Mon, Sep 8
