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Lufthansa faces potential strike after pilots vote for industrial action
Union says vast majority of members vote for strike No timeline given for potential action Lufthansa says focused on future viability of core brandBy Ilona Wissenbach and Joanna Plucinska FRANKFURT, Sept 30 (Reuters) - Germany's Lufthansa LHAG.DE could face a strike at its main airline after...Reuters
Tue, Sep 30
Economic Indicator
United States FX Today: The US Dollar edges lower before the ISM Manufacturing PMI
The US Dollar (USD) is weakening on Tuesday, with the US Dollar Index (DXY) trading down 0.2% at the time of writing, as investors position themselves ahead of the much-anticipated release of the Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers Index (PMI), scheduled for WedFxstreet
Tue, Sep 30
Stocks
Energy firms fall as OPEC+ plan adds to expectations of supply surplus
** S&P 500 Energy index .SPNY down 1.7%, tracking lower crude prices O/R** Brent crude LCOc1 down 1% at $67.27/barrel; U.S. West Texas Intermediate crude futures CLc1 down 1.1% to $62.64/barrel** Crude prices fall ahead of anticipated production increase by OPEC+ and as the resumption of oil exp...Reuters
Tue, Sep 30
Stocks
Why Dogecoin Is Sinking Today
Key PointsCrypto has been moving higher in recent days as investors brace for a U.S. government shutdown.Cryptocurrencies can perform well when the mainstream financial system struggles.However, a shutdown could slow the U.S. Securities Exchange Commission, which is expected to soon approve many new...The Motley Fool
Tue, Sep 30
Other
Exxonmobil Sees About 1,200 Job Cuts Across EU & Norway By End Of 2027
Sept 30 (Reuters) - Exxon Mobil Corp XOM.N:EXXONMOBIL: EXPECT REDUCTION OF ABOUT 1,200 POSITIONS ACROSS EU & NORWAY BY END OF 2027, INCLUDING AROUND 600 REDUNDANCIES - WEBSITEEXXONMOBIL: EU & NORWAY WORKFORCE REDUCTION EXCLUDES WORKFORCE IN FRANCEReuters
Tue, Sep 30
Other
Commercial Metals Co Plans To Appeal To U.S. Court Of Appeals
Sept 30 (Reuters) - Commercial Metals Co CMC.N:CMC STATEMENT REGARDING PACIFIC STEEL GROUP V. COMMERCIAL METALS CO. LITIGATIONCOMMERCIAL METALS CO - PLANS TO APPEAL TO U.S. COURT OF APPEALSCOMMERCIAL METALS CO - RECEIVES ADVERSE RULING IN PACIFIC STEEL LITIGATIONReuters
Tue, Sep 30
Other
Tony Blair's return to Middle East diplomacy reopens old wounds and new doubts
Trump named Blair on new Gaza peace boardBlair was UK PM for 10 years, a former Middle East envoyHe remains unpopular for role in Iraq warSupporters say he can bridge diplomatic relations By Nidal al-Mughrabi, Andrew MacAskill and Kate Holton CAIRO/LONDON, Sept 30 (Reuters) - When Tony Blair was ...Reuters
Tue, Sep 30
Economic Indicator
US weekly jobless claims report will not be released if government shuts down
WASHINGTON, Sept 30 (Reuters) - The U.S. Labor Department said on Tuesday the weekly jobless claims report would not be released in the event of a government shutdown, clarifying an earlier statement.Government funding will expire at midnight on Tuesday unless Republicans and Democrats agree to a la...Reuters
Tue, Sep 30
Commodities
Chilean regulator fines Albemarle $4 million for environmental violations
SANTIAGO, Sept 30 (Reuters) - Chile's environmental regulator has fined U.S. lithium producer Albemarle ALB.N about $4 million for violations related to brine over-extraction and non-compliance with its early warning plan, the agency said in a statement on Tuesday.Albemarle is one of two compani...Reuters
Tue, Sep 30
Economic Indicator
Bund yields on track for first monthly drop since April
Data from euro area countries fail to trigger price actionBund yields set for first monthly drop since AprilUBS still favours 10s30s steepener on the German curveFrench spread versus Bunds remains above 80 bpsBy Stefano Rebaudo Sept 30 (Reuters) - Euro area benchmark Bund yields were on track for...Reuters
Tue, Sep 30
Stocks
Pfizer gains as Trump set to unveil drug pricing deal
** Shares of drugmaker Pfizer PFE.N rise 2% to $24.33** U.S. President Donald Trump will announce an agreement with the company to lower prices on several of its drugs, according to a White House official** The White House also plans to launch a direct-to-consumer drug website called TrumpRx, where ...Reuters
Tue, Sep 30
Stocks
LIVE MARKETS-Pre-shutdown data deluge: JOLTS, consumer confidence, home prices, Chicago PMI
Dow dips; S&P 500 & Nasdaq ~flatTech leads S&P sector gainers; Energy down mostEuro STOXX 600 index up ~0.2%Dollar, bitcoin slip; Crude falls >1.5%; gold flips greenU.S. 10-year Treasury yield falls to ~4.12%Welcome to the home for real-time coverage of markets brought to you by Reute...Reuters
Tue, Sep 30
Commodities
Grasberg mine accident tightens global copper supply estimates
Grasberg mine accident impacts global copper supply estimatesCopper prices surge to 15-month highs after Grasberg disruptionAnalysts predict significant copper market deficit due to Grasberg and other disruptionsBy Polina Devitt LONDON, Sept 30 (Reuters) - Metals analysts are cutting their estima...Reuters
Tue, Sep 30
Other
US prosecutors seek more than 11-year sentence for Sean 'Diddy' Combs
Prosecutors say Combs held 'all the power' in relationshipsDefense urges 14-month sentence, citing trafficking, racketeering acquittalsCombs' former girlfriends testified about abuse, coercion By Luc Cohen NEW YORK, Sept 30 (Reuters) - U.S. federal prosecutors urged a judge on Tuesday...Reuters
Tue, Sep 30
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