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South Korea's Lee, outgoing Japan PM Ishiba hold talks on better ties, US trade deals
SEOUL, Sept 30 (Reuters) - South Korean President Lee Jae Myung hosts outgoing Japanese Prime Minister Shigeru Ishiba on Tuesday on a goodwill visit aimed at highlighting the two countries' commitment to improve once-frosty ties and cooperate more closely on trade.
Tue, Sep 30
EXCLUSIVE-Ford, GM launch programs to extend use of $7,500 EV lease credit
DETROIT, Sept 29 (Reuters) - Ford F.N and General Motors GM.N are racing to sign up car dealers for programs that would effectively extend the use of a $7,500 U.S. tax credit on leases of electric vehicles beyond the Tuesday expiration of the federal subsidy, according to dealers and documents.
Tue, Sep 30
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Wall Street indexes climb as investors brush off government shutdown uncertainties
Sept 29 (Reuters) - Wall Street indexes closed up on Monday with the Nasdaq leading gains as investors bought heavyweight technology stocks and shrugged off the uncertainty of a potential U.S. government shutdown and hawkish remarks from Federal Reserve officials.
Tue, Sep 30
US government shutdown would halt September jobs report, other data
WASHINGTON, Sept 29 (Reuters) - The U.S. Labor and Commerce departments said on Monday that their statistics agencies would halt economic data releases in the event of a partial government shutdown, including closely watched employment data for September, construction spending and possibly internati
Tue, Sep 30
Trump administration's shutdown plans trickle in as deadline nears
WASHINGTON, Sept 29 (Reuters) - President Donald Trump's administration started detailing its plans on Monday for which services it will pause if the federal government shuts down this week, with the U.S. health department slated to furlough 41% of its workforce.
Tue, Sep 30
US holiday package deliveries to rise 5% from 2024, ShipMatrix forecasts
LOS ANGELES, Sept 29 (Reuters) - U.S. delivery companies are on track to handle 2.3 billion packages this holiday season, 5% more than last year, as an extra shopping day helps offset the drag from President Donald Trump's tariff policies, according to a forecast released on Monday.
Tue, Sep 30
Amazon, Apple win dismissal of US consumer lawsuit over iPhone prices
Sept 29 (Reuters) - Apple AAPL.O and Amazon AMZN.O won a ruling on Monday dismissing a consumer antitrust lawsuit in Seattle federal court that accused them of conspiring to inflate prices of iPhones and iPads sold on Amazon’s platform.
Tue, Sep 30
Etsy to move stock listing to NYSE from Nasdaq
Sept 29 (Reuters) - Online marketplace Etsy ETSY.O on Monday said it will transfer its common stock listing to the New York Stock Exchange, with trading set to begin on October 13.
Tue, Sep 30
YouTube to pay $24.5 million to settle Trump account suspension suit
Sept 29 (Reuters) - Alphabet-owned GOOGL.O YouTube has agreed to pay $24.5 million to settle a lawsuit that U.S. President Donald Trump brought against the company over the suspension of his account following the January 2021 U.S. Capitol riots, a court filing showed on Monday.
Tue, Sep 30
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Oil prices drop 3% as OPEC+ plans for oil output hike
Kurdistan crude oil flows to Turkey resume after 2-1/2 year haltOPEC+ plans another increase to output in November, sources sayLosses follow strong weekly gains for Brent and WTI benchmarksBy Arathy Somasekhar HOUSTON, Sept 29 (Reuters) - Oil prices settled 3% lower on Monday as OPEC+ plans for a...
Mon, Sep 29
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
