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US FDA launches pilot program to fast-track review of domestically made generic drugs
Oct 3 (Reuters) - The U.S. Food and Drug Administration said on Friday it has launched a new pilot program to speed up the review process for generic drugs that are tested and manufactured entirely in the United States.The program is designed to encourage companies to invest in domestic drug product...Reuters
Fri, Oct 3
Commodities
METALS-Copper strikes 16-month high, set for best week in a year
By Tom Daly Oct 3 (Reuters) - Copper hit a 16-month high on Friday and was poised to record its strongest week in more than a year as supply constraints and a softer dollar boosted prices.Three-month copper on the London Metal Exchange CMCU3 was up 2.2% at $10,719 per metric ton as of 1600 GMT ...Reuters
Fri, Oct 3
Other
U.S. carries out new strike against alleged drug vessel near Venezuela
WASHINGTON, Oct 3 (Reuters) - The United States killed four people in a strike against a vessel allegedly carrying illegal drugs, U.S. Defense Secretary Pete Hegseth said on Friday, at least the fourth such attack in recent weeks. In a post on X, Hegseth the strike was carried out in international w...Reuters
Fri, Oct 3
Stocks
FTSE 100 ends week at record high as financials drive gains
FTSE 100, FTSE 250 up 0.7%Diploma shares rise after RBC rating upgrade JD Wetherspoon falls after flagging higher costsUK business activity grows at slowest pace in 5 months Oct 3 (Reuters) - London's FTSE 100 logged its biggest weekly jump since April to close at record high on Friday, when...Reuters
Fri, Oct 3
Stocks
Why Lyft Stock Jumped 36% in September
Key PointsLyft is teaming up with Waymo on a new ridesharing service in Nashville.A partnership with May Mobility in Atlanta was also reported.The company has several attractive growth opportunities. 10 stocks we like better than Lyft › Shares of Lyft (NASDAQ: LYFT) were moving higher last month aft...The Motley Fool
Fri, Oct 3
Stocks
US STOCKS-Wall St hits intraday records as AI boost, cooling job market firm rate-cut bets
Indexes up: Dow 0.92%, S&P 500 0.45%, Nasdaq 0.23%Applied Materials flags $600 mln revenue hit in 2026USA Rare Earth rises after report of talks with White HouseServices employment index contracts By Niket Nishant and Sukriti Gupta Oct 3 (Reuters) - Wall Street's main indexes hit rec...Reuters
Fri, Oct 3
Other
Canada warns travelers with 'X' gender passports they may not be allowed into US
By Anna Mehler Paperny TORONTO, Oct 3 (Reuters) - Canada this week updated its travel advisory for the United States, warning travelers with an "X" gender marker on their passports that they may not be allowed to enter the country."While the Government of Canada issues passports with ...Reuters
Fri, Oct 3
Forex
Top debt lawyer Buchheit warns US support could divide Argentine bond market
Buchheit warns of practical seniority riskUS bond buy plan may skew Argentina debt marketsECB’s Greece bond swap cited as precedentUS urged to focus on currency swap line insteadBy Marc Jones LONDON, Oct 3 (Reuters) - One of the world’s leading sovereign debt experts, Lee Buchheit, has warned tha...Reuters
Fri, Oct 3
Other
Brazil's Weg to sell locally-made motors to Europe next year
SAO PAULO, Oct 3 (Reuters) - Brazilian motor maker Weg WEGE3.SA is set to begin selling made-in-Europe EV battery chargers to that same market next year, a company executive said on Friday."We already started EV charge operations in Europe, and starting next year, we will have products on the ma...Reuters
Fri, Oct 3
Other
BlackRock's infrastructure play gets a boost as Minnesota approves buyout
Minnesota power regulators on Friday approved a $6.2 billion plan for a BlackRock unit and Canada Pension Plan to buy utility Allete,ALE.N parent of Minnesota Power, saying recent modifications by the parties should address concerns about rates and clean-power investments.The outcome of a meeting of...Reuters
Fri, Oct 3
Other
EU restricts use of 'forever chemicals' in firefighting foams
BRUSSELS, Oct 3 (Reuters) - The European Commission said on Friday it was restricting the use of substances known as PFAS, or "forever chemicals", in firefighting foams, marking a step towards the EU's objective to minimise the use of PFAS in consumer goods.PFAS, or per- and polyfluorina...Reuters
Fri, Oct 3
Other
Airbus deliveries had a record September, sources say
By Tim Hepher PARIS, Oct 3 (Reuters) - Airbus AIR.PA delivered a stronger-than-expected 73 jets in September, a record for that month of the year, as delays in engine deliveries showed signs of easing, industry sources said.Airbus declined to comment on the figure, which is higher than earlier an...Reuters
Fri, Oct 3
Stocks
Amazon senior exec leaves; shares up 0.2%
** Amazon.com AMZN.O stock up 0.2% on Fri after VP Rob Williams, a member of the senior internal group known as "S-team", to exit at year-end, Reuters reported ** Williams led device software and services; departure seen as rare for S-team, a prestigious group that advises CEO Andy Jassy *...Reuters
Fri, Oct 3
Other
Us Regulators Are Set To Unveil A Plan Next Week Targeting How Officials Scrutinize Banks' Risk - Bloomberg News
Oct 3 (Reuters) - US REGULATORS ARE SET TO UNVEIL A PLAN NEXT WEEK TARGETING HOW OFFICIALS SCRUTINIZE BANKS’ RISK - BLOOMBERG NEWSFDIC PROPOSAL TO EXPLICITLY PROHIBIT EXAMINERS FROM FORCING LENDERS TO CLOSE CUSTOMER ACCOUNTS ON POLITICAL, CULTURAL, RELIGIOUS GROUNDS - BLOOMBERGSource text: https://t...Reuters
Fri, Oct 3
Cryptocurrencies
USDT, USDC face pressure as stablecoins go multichain
Stablecoin usage shifted in 2025, with multi-chain activity and a larger number of niche, project-specific assets. The Genius act in the USA still encourages stablecoin issuers with clear rules and predictable income from holding T-Bills.Cryptopolitan
Fri, Oct 3
Commodities
CORRECTED-US soybean farmers, deserted by big buyer China, scramble for other importers
China buys no soybeans from autumn US harvestTrade war makes US soy too costly for China buyersAlternative export markets are small in comparisonBy Tom Polansek WATERMAN, Illinois, Oct 3 (Reuters) - A trade mission to Nigeria. A memorandum of understanding with Vietnam. A surge of purchases from ...Reuters
Fri, Oct 3
Other
Biden ban on offshore drilling in vast areas was illegal, court rules
Oct 3 (Reuters) - Former U.S. President Joe Biden exceeded his authority by withdrawing large areas along U.S. coastlines from future offshore oil and gas development, a federal judge in Louisiana ruled on Thursday. U.S. District Judge James Cain in Lake Charles, Louisiana, sided wi...Reuters
Fri, Oct 3
Other
Data centres in space? Jeff Bezos says it's possible
Says AI impact to be deep and lasting, despite bubble risksCalls for bubble effects to be distinguished from long-term benefitsSpace has challenges, including maintenance, cost and possible failure of rocket launchesBy Elvira Pollina and Giulio PiovaccariTURIN, Oct 3 (Reuters) - Amazon AMZN.O founde...Reuters
Fri, Oct 3
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