News
Important Only
Reuters15 minutes ago
Safran to open new Airbus engine assembly line in Morocco
Reuters16 minutes ago
US Cash Grains-Soy basis steady-firmer at crushing sites
Reuters16 minutes ago
Robinhood open to deals to grow prediction markets business, executive says
Reuters20 minutes ago
GLOBAL MARKETS-Equities rebound after Trump cools China rhetoric but gold at record highs
Reuters21 minutes ago
IMF's Georgieva says countries lack regulatory, ethical foundation for A1
Reuters23 minutes ago
CBOT soybeans firm on hopes for trade deal
Other
Safran to open new Airbus engine assembly line in Morocco
By Ahmed EljechtimiRABAT, Oct 13 (Reuters) - French aerospace group Safran SAF.PA signed deals with Morocco on Monday to set up a new engine assembly line for Airbus AIR.PA jets and a new maintenance and repair plant near Casablanca, company officials said.Morocco has encouraged investment by aerosp...Reuters
15 minutes ago
Commodities
US Cash Grains-Soy basis steady-firmer at crushing sites
CHICAGO, Oct 13 (Reuters) - Basis bids for soybeans firmed at several crushing plants in the U.S. Midwest on Monday as the soy harvest wound down while corn bids were mostly steady with a few mixed changes, spot checks showed.The basis firmed by 10 cents at a Lafayette, Indiana, crushing facility an...Reuters
16 minutes ago
Other
Robinhood open to deals to grow prediction markets business, executive says
Expects strong demand for event contractsRobinhood to balance building with buyingIndustry competition heats upBy Manya Saini and Niket Nishant Oct 13 (Reuters) - Trading platform Robinhood Markets HOOD.O is open to potential acquisitions in the fast-growing prediction markets space if the right...Reuters
16 minutes ago
Stocks
GLOBAL MARKETS-Equities rebound after Trump cools China rhetoric but gold at record highs
U.S. stocks regain some ground lost Friday, European stocks higherGold at fresh record highsInvestors grasp for hope for compromise in US-China trade war U.S. bond market closed for holidayBy Sinéad Carew and Dhara Ranasinghe NEW YORK/ LONDON, Oct 13 (Reuters) - MSCI's global equities gauge r...Reuters
20 minutes ago
Economic Indicator
IMF's Georgieva says countries lack regulatory, ethical foundation for A1
By Andrea ShalalWASHINGTON, Oct 13 (Reuters) - Countries around the world lack the regulatory and ethical foundation to deal with the rapid advent of artificial intelligence, IMF chief Kristalina Georgieva said on Monday, urging civil society groups to "ring the alarm bells."Georgieva said t...Reuters
21 minutes ago
Commodities
CBOT soybeans firm on hopes for trade deal
CHICAGO, Oct 13 (Reuters) - Chicago Board of Trade soybean futures steadied on Monday as comments from U.S. President Donald Trump and Treasury Secretary Scott Bessent calmed markets after trade tensions between the U.S. and China had triggered a sharp decline in the previous session, analysts said....Reuters
23 minutes ago
Other
AI users sue Microsoft in antitrust class action over OpenAI deal
By Mike Scarcella Oct 13 (Reuters) - Microsoft MSFT.O is facing a new lawsuit from consumers who allege the technology giant illegally inflated prices for generative artificial intelligence through a secret agreement with ChatGPT maker OpenAI.The proposed class action filed in San Francisco feder...Reuters
26 minutes ago
Other
NASA's jet propulsion unit to lay off about 550 workers
Oct 13 (Reuters) - NASA's Jet Propulsion Laboratory said on Monday it will cut nearly 550 jobs as part of a restructuring, not related to the current U.S. government shutdown.The layoffs will affect employees across JPL's technical, business and support areas as part of a reorganization that...Reuters
28 minutes ago
Cryptocurrencies
Citi plans to launch its crypto custody service in 2026 after nearly three years of development
Citigroup plans to launch its long-awaited crypto custody service in 2026, after spending nearly three years quietly building it. Biswarup Chatterjee, the bank’s global head of partnerships and innovation, said the project is moving forward as Wall Street deepens its involvement in crypto. “We have various kinds of explorations,” Chatterjee said, adding that Citi aims […]Cryptopolitan
29 minutes ago
Stocks
EMERGING MARKETS-Latin American assets rebound as commodities jump, trade tensions simmer
Investors weigh signs of Sino-US trade tensions de-escalatingCommodity exporters gain on higher base metal, crude pricesHamas begins releasing Israeli hostages, Egypt summit eyedPeru's new leader readies cabinet to quell anger as elections loomLatam stocks up 1.1%, FX up 0.2%By Niket Nishant an...Reuters
31 minutes ago
Economic Indicator
Trio win Nobel economics prize for work on innovation, growth and 'creative destruction'
Prize showcases work on factors that underpin economic growthWinners are professors at U.S., French and British universitiesAghion wants Europe to learn from U.S. and ChinaHowitt questions Trump's economic policiesBy Johan Ahlander, Jonathan Allen and Simon Johnson STOCKHOLM, Oct 13 (Reuters)...Reuters
32 minutes ago
Commodities
CBOT corn ticks lower on harvest pressure
CHICAGO, Oct 13 (Reuters) - Chicago Board of Trade corn futures fell on Monday on pressure from an ongoing U.S. Midwest corn harvest and selling pressure. CBOT December corn CZ25 settled 2-1/4 cents lower to $4.10-3/4 per bushel. The U.S. corn harvest is advancing but traders will not receive their ...Reuters
33 minutes ago
Other
WRAPUP 21-Trump declares end of Gaza war as last Israeli hostages swapped for Palestinian detainees
LATEST DEVELOPMENTS:Trump signs document with mediators Egypt, Turkey, QatarHamas hands over four coffins of deceased hostagesBy Nidal al-Mughrabi and Maayan Lubell CAIRO/JERUSALEM, Oct 13 (Reuters) - Hamas freed the last living Israeli hostages from Gaza on Monday under a ceasefire deal and Isra...Reuters
34 minutes ago
Other
French PM Lecornu will present budget to cut deficit to 4.7% by end-2026, La Tribune reports
PARIS, Oct 13 (Reuters) - French Prime Minister Sebastien Lecornu aims to put an over 30-billion-euro squeeze on the budget next year to get the fiscal deficit down to 4.7% of economic output, La Tribune reported on Monday. The issue, which is set to be published on Tuesday, said the budget wou...Reuters
35 minutes ago
Stocks
JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge
JPMorgan kicks off decade-long investment push in four sectorsCEO Dimon calls for policy changes, fewer roadblocksJPMorgan to hire more bankers to support initiativeBy Nupur Anand NEW YORK, Oct 13 (Reuters) - JPMorgan Chase JPM.N announced plans on Monday to hire bankers and invest up to $10 bill...Reuters
37 minutes ago
Stocks
PREVIEW: Goldman Sachs revenue seen rising 11%
** Goldman Sachs GS.N shares up 3.1% at $788 on Monday ahead of third-qtr earnings due before the opening bell on Tuesday** Analysts expect GS to post adjusted EPS of $11.00 vs yr-ago period of $8.40, per LSEG data, while revenue is expected to rise 11% to $14.1 bln** On the whole, analysts see the ...Reuters
39 minutes ago
