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At BRICS summit, Russia to push to end dollar dominance

By Gleb Bryanski MOSCOW (Reuters) - Russia is seeking to convince BRICS countries to build an alternative platform for international payments that would be immune to Western sanctions when it hosts

Reuters

Wed, Oct 16

US targets sanctions evasion network tied to Hezbollah

WASHINGTON (Reuters) - The United States imposed sanctions on Tuesday on what it described as a Lebanon-based sanctions evasion network that funnels millions of dollars to Hezbollah. The action

Reuters

Wed, Oct 16

Citi hires Davis from Wells Fargo as head of growth equity for North America

By Abigail Summerville NEW YORK (Reuters) - Citigroup has hired equity capital markets banker Cully Davis from Wells Fargo as the head of its growth equity unit in North America, according to a memo

Reuters

Wed, Oct 16

ASML's lowered forecast suggests factory overcapacity, not chip doom

By Max A. Cherney and Stephen Nellis (Reuters) - ASML's deep forecast cuts that sparked a global tech stock selloff signal overcapacity at chip factories rather than a slowdown in global semiconductor

Reuters

Wed, Oct 16

Factbox-What proposals will Russia push at the BRICS summit?

MOSCOW (Reuters) - Russian President Vladimir Putin will host a summit of BRICS leaders next week, seeking support in his standoff with the West from the expanded group that now represents about a

Reuters

Wed, Oct 16

PIMCO says UK budget unlikely to shock markets, gilts look attractive

By William Schomberg and David Milliken LONDON (Reuters) - Britain's new government is unlikely to upset investors in its first budget this month and the outlook for its debt is more positive than

Reuters

Wed, Oct 16

Goldman Sachs' Saudi Arabia CEO leaving firm - source

(Reuters) -Goldman Sachs' Saudi Arabia CEO, Khalid Albdah, is leaving the firm, a source familiar with the situation told Reuters on Wednesday. Albdah has been heading Goldman's Saudi operations for

Reuters

Wed, Oct 16

Slovenia's PM rejects accusations of interfering in police staffing

SARAJEVO (Reuters) - Slovenia's Prime Minister Robert Golob on Wednesday rejected accusations by a former interior minister that he had interfered in police staffing after he was charged with

Reuters

Wed, Oct 16

Wall Street mixed as megacap tech stocks fall; banks gain

By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -The Dow regained some lost ground on Wednesday although the S&P 500 and the Nasdaq stumbled, dragged lower by declines in megacap technology

Reuters

Wed, Oct 16

UK exploring sanctions against Israeli ministers, PM Starmer says

By Alistair Smout and Muvija M LONDON (Reuters) -Britain is considering sanctioning Israel's finance minister Bezalel Smotrich and national security minister Itamar Ben-Gvir over comments they made

Reuters

Wed, Oct 16

Amazon.com joins push for nuclear power to meet data center demand

By Timothy Gardner WASHINGTON (Reuters) -Amazon.com said on Wednesday it has signed three agreements on developing the nuclear power technology called small modular reactors, becoming the latest big

Reuters

Wed, Oct 16

Solar panel maker Maxeon says George Guo to succeed Mulligan as CEO

(Reuters) -Renewable energy company Maxeon Solar Technologies said on Wednesday its chief executive officer Bill Mulligan will retire at the end of January next year, after nearly two years in the

Reuters

Wed, Oct 16

Indonesia's Prabowo briefs potential ministers on economy, geopolitics

JAKARTA (Reuters) -Indonesia's incoming leader Prabowo Subianto briefed his would-be ministers on Wednesday on economic and geopolitical issues ahead of his Sunday inauguration, his spokesperson said,

Reuters

Wed, Oct 16

French far-right pressures Barnier with 'counter-budget' proposals

PARIS (Reuters) - France's far-right leader Jordan Bardella said on Wednesday his party's budget proposals must be taken on board, raising the risk that Prime Minister Michel Barnier's minority

Reuters

Wed, Oct 16

Photonic startup Lightmatter raises $400 million amid AI datacenter boom, eyes IPO next

By Krystal Hu -Lightmatter, a Mountain View, California-headquartered startup building photonic tech in datacenter networking chips, said on Wednesday it has raised $400 million in a Series D funding

Reuters

Wed, Oct 16

Gaza family mourns children killed in Israeli strikes amid UN polio campaign

By Ramadan Abed GAZA (Reuters) -Holding his teddy bear, Gazan mother Asmaa al-Wasifi mourned her 10-year-old son, who was killed in an Israeli strike before he could take his second polio shot. The

Reuters

Wed, Oct 16

BlackRock in talks with India's Jio Financial for private credit venture, Bloomberg News reports

BENGALURU (Reuters) - BlackRock, the world's biggest asset manager, is in talks with Mukesh Ambani-led Reliance Group firm Jio Financial Services to set up a private credit venture, Bloomberg News

Reuters

Wed, Oct 16

Airbus, Boeing aircraft delivery delays not improving, IATA head says

DUBLIN (Reuters) - Delivery delays from planemakers Airbus and Boeing are "massively frustrating" and are not yet getting better, the head of the global airline body IATA said on Wednesday. A number

Reuters

Wed, Oct 16

PIMCO sticks with bearish view on China's yuan as trade risks weigh

By Karin Strohecker, Dhara Ranasinghe and Harry Robertson LONDON (Reuters) - Bond giant PIMCO said on Wednesday it would stick to its bet on a weakening Chinese yuan given risks of a global trade war

Reuters

Wed, Oct 16

US energy deals drop in Q3 to $12 billion after year-long frenzy

HOUSTON (Reuters) - U.S. oil mergers slowed sharply last quarter after a year-long consolidation wave emptied pocketbooks and left fewer companies on offer in the top U.S. shale field, analytics firm

Reuters

Wed, Oct 16

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