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Brazil inflation rebounds in September despite falling food prices
SAO PAULO, Oct 9 (Reuters) - Brazil's inflation resumed growth in September, despite the continuous easing in food prices, data from statistics agency IBGE showed on Thursday. Consumer prices in Latin America's largest economy rose 0.48% in September, up from a 0.11% drop in August...Reuters
Thu, Oct 9
REFILE-US consumer goods prices rise in September, OpenBrand says
WASHINGTON, Oct 9 (Reuters) - Prices for long-lasting U.S. consumer and personal goods increased in September, data from OpenBrand showed on Thursday, though the boost from import tariffs appeared to be fading.A partial U.S. government shutdown, now in its second week, has caused the suspension of o...Reuters
Thu, Oct 9
BREAKINGVIEWS-Israel’s economy faces an uncertain truce dividend
By Afiq Fitri Alias LONDON, Oct 9 (Reuters Breakingviews) - Israel’s two-year war in Gaza is nearing its end. U.S. President Donald Trump on Wednesday announced that Prime Minister Benjamin Netanyahu and Hamas had agreed to the first phase of a plan involving the release of all hostages and the p...Reuters
Thu, Oct 9
RPT-Taiwan and India were top destinations for Russian naphtha in August, LSEG data shows
MOSCOW, Oct 9 (Reuters) - Taiwan and India were the main destinations for Russian seaborne naphtha exports in August, as cheaper barrels attracted buyers, data from market sources and LSEG showed. Since the European Union's full embargo on Russian oil products went into effect in February 2023, ...Reuters
Thu, Oct 9
USD consolidates recent gains as markets eye BoC – Scotiabank
This week’s US Dollar (USD) rally is showing signs of exhaustion and movement among most of the G10 currencies is limited as we head into Thursday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Thu, Oct 9
Taiwan and India were top destinations for Russian naphtha in August, LSEG data shows
MOSCOW, Oct 9 (Reuters) - Taiwan and India were the main destinations for Russian seaborne naphtha exports in August, as cheaper barrels attracted buyers, data from market sources and LSEG showed. Since the European Union's full embargo on Russian oil products went into effect in February 2023, ...Reuters
Thu, Oct 9
US market not worth the risk, says one of India's biggest solar companies
By Sethuraman N R and Yagnoseni Das Oct 9 (Reuters) - Saatvik Green Energy SAAT.NS, one of India's biggest solar module makers by capacity, said on Thursday it is shunning the once-promising U.S. export market as it is no longer "worth the risk" due to the thorny tariff issue.The Unit...Reuters
Thu, Oct 9
China's Golden Week holiday spending dips in latest red flag for economy
Average spending per trip falls to 911.04 yuanThat compares to 916.1 yuan in 2024Stock market rally fails to provide a boost, analysts sayBy Sophie Yu and Brenda Goh BEIJING/SHANGHAI, Oct 9 (Reuters) - Chinese holidaymakers' average spending dipped to a three-year low over this year's eig...Reuters
Thu, Oct 9
Uniqlo owner predicts 5th year of record profit on aggressive global push
Operating profit jumps 13% in 12 months through AugustNorth America revenue soars 24.5%, profit up 35.1%Sales and profits in Greater China declineBy Rocky Swift TOKYO, Oct 9 (Reuters) - The Japanese owner of global clothing brand Uniqlo on Thursday reported a record high profit for the year e...Reuters
Thu, Oct 9
PepsiCo edges past quarterly sales estimates
Oct 9 (Reuters) - PepsiCo PEP.O beat Wall Street expectations for third-quarter revenue on Thursday, buoyed by resilient demand for its energy drinks, healthier sodas and salty snacks in the United States.PepsiCo is facing activist pressure from Elliott Management, with the investor calling out the ...Reuters
Thu, Oct 9
