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German carmakers should not be afraid of Chinese competition, says Scholz

KUPPENHEIM, Germany (Reuters) -German automakers should not be afraid of competition from China, Chancellor Olaf Scholz said on Monday at the opening of Mercedes-Benz's first battery recycling plant,

Reuters

Mon, Oct 21

ECB's Kazimir: increasingly confident in disinflation path

FRANKFURT (Reuters) - Euro zone inflation is increasingly likely to return to target next year but a bit more evidence is needed before the European Central Bank can declare victory, Slovak central

Reuters

Mon, Oct 21

EU slams 'unprecedented interference' by Russia in Moldova referendum

BRUSSELS (Reuters) - Moldova's referendum on joining the European Union took place amid "unprecedented interference" by Russia and its proxies, an EU spokesperson said on Monday. A very slim majority

Reuters

Mon, Oct 21

China's booming grey markets add woes to luxury brands

By Casey Hall SHANGHAI (Reuters) - China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for

Reuters

Mon, Oct 21

MetLife in talks to buy PineBridge's ex-China assets for $1 billion-$1.5 billion, Bloomberg News reports

(Reuters) - New York-based insurer MetLife Inc is in advanced talks to buy PineBridge Investments' assets outside of China in a deal that could be valued at $1 billion to $1.5 billion, Bloomberg News

Reuters

Mon, Oct 21

Speedy US corn and soy harvests strain farmers, storage capacity

By Julie Ingwersen and Heather Schlitz CHICAGO (Reuters) - U.S. farmers are harvesting two of the largest corn and soybean crops in history at the fastest pace in years, straining their physical

Reuters

Mon, Oct 21

China central bank conducts first operations under swap facility to bolster stock market

SHANGHAI (Reuters) -China's central bank conducted its first operations on Monday under a swap facility designed to bolster the stock market, exchanging assets worth 50 billion yuan ($7 billion) with

Reuters

Mon, Oct 21

Exclusive-Qatar LNG sales to key Asian markets confronted by US, UAE rivalry

By Andrew Mills, Marwa Rashad, Emily Chow and Yuka Obayashi (Reuters) - Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) to Japan and South Korea as rising competition

Reuters

Mon, Oct 21

Citgo auction creditors assail Elliott bid, seek rival offers

By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) - Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would

Reuters

Mon, Oct 21

Germany inaugurates Baltic Sea naval HQ amid rising tensions with Moscow

BERLIN (Reuters) - Germany inaugurated on Monday a new multinational naval headquarters for the Baltic Sea capable of leading operations for NATO during a conflict, as the military alliance increases

Reuters

Mon, Oct 21

CITIC to sell stake in McDonald's China, HK operations for $430.3 million

(Reuters) -China's state-owned CITIC Ltd has agreed to sell its 19.23% stake in the company that operates fast-food chain McDonald's across China and Hong Kong for $430.3 million, fully exiting the

Reuters

Mon, Oct 21

GM, Ford brace for investor scrutiny over pricing power, EV losses

By Nathan Gomes and Nora Eckert (Reuters) - General Motors and Ford Motor will likely have a tough time convincing investors when they report results that Detroit's pricing power for gasoline cars is

Reuters

Mon, Oct 21

Citgo auction creditors assail Elliott bid, seek rival offers

By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) - Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would

Reuters

Mon, Oct 21

Singapore port authority reports fire onboard tanker in East Johor Straits

(Reuters) -The Maritime and Port Authority of Singapore (MPA) on Monday said it received an alert about an engine room fire onboard a Malta-flagged tanker, the Med Atlantic, which was anchored in the

Reuters

Mon, Oct 21

Morning Bid: Holding stock records, with a golden hedge

A look at the day ahead in U.S. and global markets from Mike Dolan A relatively quiet start to the week for world markets leaves Wall Street pondering the sustainability of the recent record highs as

Reuters

Mon, Oct 21

Hollywood stars hit the road to push vote for Harris

By Lisa Richwine LOS ANGELES (Reuters) - Actor Jennifer Garner had a warning for a crowd of "Moms for Harris" gathered at a tearoom in Tucson, Arizona: Be prepared to see more Hollywood stars visiting

Reuters

Mon, Oct 21

Singapore port authority reports fire onboard tanker in East Johor Straits

(Reuters) -The Maritime and Port Authority of Singapore (MPA) on Monday said it received an alert about an engine room fire onboard a Malta-flagged tanker, the Med Atlantic, which was anchored in the

Reuters

Mon, Oct 21

China's Ping An Insurance posts 36.1% rise in nine-month profit

BEIJING/SHANGHAI (Reuters) - Ping An Insurance (Group) Co of China Ltd reported on Monday a 36.1% rise in net profit in the first nine months of the year, driven by growing investment returns and new

Reuters

Mon, Oct 21

Microsoft to let clients build AI agents for routine tasks from November

By Aditya Soni (Reuters) -Microsoft will allow its customers to build autonomous artificial intelligence agents from next month, in its latest push to tap the booming technology amid growing investor

Reuters

Mon, Oct 21

KKR extends tender period for Fuji Soft to November

By Anton Bridge TOKYO (Reuters) - U.S. investment firm KKR has extended by 10 working days the first stage of its tender to take Japanese IT services firm Fuji Soft private, it said in a filing on

Reuters

Mon, Oct 21

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