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ANALYSIS-Investors set to reignite yield curve steepening if fiscal worries worsen
Amundi says pressure on government budgets unlikely to easeDebt agencies prepared to reduce long-end issuanceRecent steepening mostly due to central bank normalisation in US, euro areaJapan's 10s30s curve steepening due in part to insurer solvency changesBy Stefano Rebaudo Oct 8 (Reuters) - B...Reuters
10 hours ago
EU rolls out $1.1 billion plan to ramp up AI in key industries amid sovereignty drive
By Foo Yun Chee and Inti Landauro BRUSSELS, Oct 8 (Reuters) - The European Commission on Wednesday announced a 1-billion-euro ($1.1 billion) plan to ramp up the use of artificial intelligence in key industries amid a push to cut the European Union's reliance on U.S. and Chinese technologies.T...Reuters
10 hours ago
Turkey's Erdogan says Syria's Kurdish-led SDF must keep promises and integrate
ANKARA, Oct 8 (Reuters) - President Tayyip Erdogan repeated Turkey's demand that the Kurdish-led Syrian Democratic Forces (SDF) in Syria must keep its promises regarding a deal with Syria's government and integrate into the country's state apparatus.In comments to reporters on a flight b...Reuters
10 hours ago
Turkey's Erdogan: hopes sanctions, Halkbank issues to be resolved after Trump talks
ANKARA, Oct 8 (Reuters) - President Tayyip Erdogan said he hoped U.S. sanctions on Turkey could be lifted and that issues can be resolved regarding its purchase of F-35 jets and a legal case against Turkey's Halkbank HALKB.IS in the wake of his talks with President Donald Trump."I hope the F...Reuters
10 hours ago
Daimler Truck's North America sales shrink in Q3
Oct 8 (Reuters) - Sales of Daimler Truck DTGGe.DE were hit by weakness in its Trucks North America segment in the third quarter, the German truck maker reported on Wednesday. Sales in the segment shrank by nearly 40% from the year before, at 30,225 units. The group's overall sales were meanwhile...Reuters
10 hours ago
Erdogan says Turkey is explaining to Hamas best approach for Palestinian future
ANKARA, Oct 8 (Reuters) - Turkey is explaining to Palestinian militant group Hamas what the best approach is for the future of a Palestinian state, as part of a plan by U.S. President Donald Trump to end the war in Gaza, President Tayyip Erdogan said.In comments to reporters on a flight back from Az...Reuters
10 hours ago
Germany's Helsing to acquire Australian underwater drone maker
BERLIN, Oct 8 (Reuters) - Germany's Helsing will acquire Australian underwater drone maker Blue Ocean, the defence startup said on Wednesday, as it looks to expand its AI-powered autonomous systems in the marine sector.Helsing, which did not give a transaction value, said that it would integrate...Reuters
10 hours ago
Three people killed in Ukrainian missile strike on Russia's Belgorod region, governor says
MOSCOW, Oct 8 (Reuters) - Three people were killed and one injured in a Ukrainian missile attack on Russia's Belgorod region, the local governor said on Wednesday, and people might still be trapped under rubble. Vycheslav Gladkov, the governor, said in a statement on Telegram that the attack was...Reuters
10 hours ago
China says Taiwan president is 'prostituting' himself, after interview lauding Trump
China uses unusually strong wording to lambaste Taiwan's LaiTaiwan president giving key national day speech on FridayTaiwan's government rejects Beijing's sovereignty claims BEIJING, Oct 8 (Reuters) - Taiwan President Lai Ching-te is "prostituting" himself to foreigners to try...Reuters
11 hours ago
Hamas official says hostage and prisoner lists exchanged
Oct 8 (Reuters) - Senior Hamas official Taher Al-Nounou said on Wednesday that negotiators from his group and Israel have exchanged lists of prisoners and hostages who would be released should a deal be reached during the ongoing Gaza ceasefire talks in Egypt.Al-Nounou also said Hamas expressed opti...Reuters
11 hours ago
Turkey says Israel's Gaza aid flotilla intervention is act of piracy
ANKARA, Oct 8 (Reuters) - Turkey on Wednesday slammed an intervention by Israeli forces against a flotilla attempting to deliver humanitarian aid to Gaza as an act of piracy and a violation of international law.Turkey's foreign ministry said the intervention against the Freedom Flotilla, includi...Reuters
11 hours ago
EU needs broad response to hybrid warfare threats, von der Leyen says
STRASBOURG, Oct 8 (Reuters) - Recent drone incidents and other airspace violations show Europe is facing hybrid warfare to which it must respond with measures that go beyond traditional defence, EU Commission President Ursula von der Leyen said on Wednesday."This is not random harassment," v...Reuters
11 hours ago
Stellantis names new heads for Europe, manufacturing in latest executive shake-up
MILAN, Oct 8 (Reuters) - Stellantis STLAM.MI CEO Antonio Filosa has reshuffled the automaker's top ranks, naming new heads for its European operations and global manufacturing, just days after appointing a new CFO.Emanuele Cappellano, the head of the automaker's South American operations, wi...Reuters
11 hours ago
Hyundai to recall over 135,300 US vehicles due to fire risk from improper starter motor wiring
Oct 8 (Reuters) - Hyundai Motor 005380.KS is recalling 135,386 Santa Fe vehicles in the U.S. due to fire risk from an improperly installed starter motor increasing the risk of an electrical short during a crash, the U.S. National Highway Traffic Safety Administration said on Wednesday.Reuters
11 hours ago
India flags testing lapses at pharma firms after cough syrups deaths
Toxic cough syrup linked to 17 deaths, all under 5 years of ageTests show some Indian drugmakers failed testing normsRegulator asks states to ensure tests of ingredients, medicinesGujarat state finds deficiencies at two other cough syrup makersBy Krishna N. Das NEW DELHI, Oct 8 (Reuters) - Some I...Reuters
11 hours ago
Hyundai Motor America Recalls 135,386 US Vehicles Over Fire Risk - NHTSA
Oct 8 (Reuters) - HYUNDAI MOTOR AMERICA IS RECALLING 135,386 U.S. VEHICLES - NHTSAHYUNDAI MOTOR AMERICA IS RECALLING SOME U.S. VEHICLES AS AN ELECTRICAL SHORT INCREASES THE RISK OF A FIRE.- NHTSASource text: https://tinyurl.com/yadauhfzReuters
11 hours ago
Euro zone yields inch lower, investor eyes remain on Paris
LONDON, Oct 8 (Reuters) - Euro zone bond yields inched lower on Wednesday, with the mood much calmer than earlier in the week when developments in French and Japanese politics sent yields higher worldwide, though investors maintained a wary eye on developments in Paris. France's 10-year bond yie...Reuters
11 hours ago
Japan's likely next prime minister wrestles coalition backlash
Sanae Takaichi held talks with coalition partnerModerate Komeito wary of ruling LDP's new hardline leaderCoalition talks may delay parliament vote on next premierOpposition parties weigh upset, but chances seen remoteBy Tamiyuki Kihara and John Geddie TOKYO, Oct 8 (Reuters) - Japan's lik...Reuters
11 hours ago
