By Isabel Teles SAO PAULO, Aug 10 (Reuters) – Brazilian planemaker Embraer reported record second-quarter revenue of 11.34 billion reais ($2.23 billion) on Monday, up 10% from a year earlier, alongside a broadly strong performance that triggered a 7% rise in its shares. The world’s third-largest air
By Avinash P and Purvi Agarwal Aug 10 (Reuters) – Wall Street’s main indexes were on course for a muted open on Monday, as investors weighed developments in the Middle East that could influence the reopening of the Strait of Hormuz and braced for a week laden with crucial inflation data and earnings
PARIS, Aug 10 (Reuters) – American pop star Beyonce has acquired full control of the SirDavis whisky brand after French luxury goods group LVMH sold its stake to her, LVMH said on Monday, confirming earlier media reports in specialist trade publications. LVMH declined to provide further details rega
By Mike Dolan Aug 10 (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Even though it allowed Wall Street stocks to clock another record high on Friday, the surprise drop in July U.S. payrolls didn’t shift interest rate markets as much as t
By Lisa Baertlein LOS ANGELES, Aug 10 (Reuters) – U.S. imports of containerized goods in July hit the fourth-highest level for the month, as shippers rushed in goods ahead of unknown U.S. tariff changes, supply chain technology provider Descartes Systems Group said on Monday. U.S. seaports handled
Aug 10 (Reuters) – Prediction markets giant Kalshi has joined hands with Nasdaq to adopt the U.S. exchange heavyweight’s market surveillance tool, as it looks to bolster the monitoring and oversight of trading activity on its platform. The multi-year partnership, unveiled on Monday, reflects a broad
By Saqib Iqbal Ahmed NEW YORK, Aug 10 (Reuters) – Fear of missing out is driving a buying rush on Wall Street, with options market metrics flashing some of the most bullish signals in years. Easing tensions in the Middle East, falling oil prices and robust earnings reports have supported the market’
BANGKOK (AP) — Shares were mixed Monday in Europe and Asia, with Japan’s Nikkei 225 leading advances after stocks rose on Wall Street. Oil prices rose as the status of efforts to end the conflict in the Middle East remained uncertain. In early European trading, Germany’s DAX rose 0.3% to 26,411.01,
By Leika Kihara TOKYO, Aug 10 (Reuters) – The Bank of Japan may be edging toward an early rate hike, but it faces a growing risk that any move to tighten policy will be offset by mounting political pressure to support the bond market. As government spending plans drive yields higher, the BOJ is bein
Aug 10 (Reuters) – Trading platform Plus500 reported a rise in half-year core profit on Monday, aided by higher trading activity as the company expanded its U.S. business and rolled out more products, including the fast-growing predictions market. Here are some more details: • The Israeli fintech fi
Aug 10 (Reuters) – J.P. Morgan raised its year-end target for the S&P 500 index to 8,000 from 7,800 on Monday, citing prospects of solid corporate earnings and rising confidence that AI investments by large hyperscalers would drive faster revenue growth. The new target implies about 3.1% upside from
Li Linlin cried for days after losing her AI boyfriend. She had exchanged about 700,000 words in messages over two years, and never got to say goodbye. Li, 24, wasn’t the only left mourning the loss of a virtual companion when major Chinese tech companies recently pulled the plug on their popular AI
By Balazs Koranyi FRANKFURT, Aug 10 (Reuters) – For anyone in Europe who still thought climate change was a problem for future generations, this summer’s sweltering heatwaves have brought home the reality that its costly and life-altering economic impacts have already arrived. Record heat and drough
Aug 10 (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Asian stocks are mostly firmer, following Friday’s Wall Street rally, though European share futures are off as oil rises amid much confusion over the Strait of Hormuz. Treasury Secretary Scott Bessent over the
5 Months Without Ships: What the Hormuz Closure Costs the Arab Side of the Strait Qatar, Kuwait, and Bahrain have no way to get their oil and gas out except through the Strait. An oil producer normally earns more when prices rise, not if it cannot ship By Jacob Wirtschafter / The Media Line [ISTANBU
By Samuel Indyk and Jiaxing Li LONDON, Aug 10 (Reuters) – The U.S. dollar steadied at a near two-month low on Monday following Friday’s soft jobs data, as investors awaited this week’s inflation data for more clues on the Federal Reserve’s rate path. Data on Friday showed the U.S. economy unexpected
Aug 10 (Reuters) – Australian shares slipped on Monday as losses in lender Westpac after its quarterly update weighed on financials, offsetting gains in miners ahead of the Reserve Bank of Australia’s policy decision. The S&P/ASX 200 index was down 0.5% at 9,220.30 points, as of 0057 GMT. The benchm
By Kentaro Okasaka and Maki Shiraki TOKYO, Aug 10 (Reuters) – Japanese executives are increasingly warning that currency swings and a persistently weak yen pose risks to the economy, highlighting concerns that triggered last week’s joint Japan-U.S. intervention to support the currency. Their comment
By Scott Murdoch and Rajasik Mukherjee SYDNEY, Aug 10 (Reuters) – Australia’s second-largest lender Westpac Banking Corp reported a 20% fall in mortgage applications and forecast investor housing credit growth to halve next year, as the Labor government’s tax changes weigh on property demand. Westpa
By Wayne Cole SYDNEY, Aug 10 (Reuters) – Asian share markets tracked Wall Street higher on Monday after a soft U.S. jobs report pared the risk of a near-term rise in borrowing costs, though a lack of progress in Gulf peace talks saw oil prices creep higher. Iran said on Sunday that a deal with Oman
By Roshan Thomas Aug 10 (Reuters) – Australia’s Treasury Wine Estates said on Monday it would overhaul its U.S. business by fallowing vineyards, impairing brands and writing down inventory, resulting in a post-tax charge of A$558.4 million ($394.4 million). Shares of the Penfolds owner rose as much
By Francesco Guarascio, Sophie Yu and Casey Hall HANOI/GUANGZHOU, China, Aug 10 (Reuters) – Just over a year ago, Chinese ultra-fast fashion retailer Shein began leasing 15 hectares of warehouse facilities — equivalent in size to 21 soccer pitches — near Ho Chi Minh City, part of a grand experiment
PERTH, Aug 10 (Reuters) – Oil prices rose on Monday as uncertainty continued over the reopening of the Strait of Hormuz as Iran said a deal with Oman defining new shipping lanes was in its final stages, but the U.S. must still meet other conditions. Brent crude futures rose $1.20, or 1.44%, to $84.7
NEW YORK (AP) — “Spider-Man: Brand New Day” continued its blistering pace in theaters, collecting $144.5 million domestically over its second weekend, according to studio estimates Sunday, while Christopher Nolan’s “The Odyssey” set a new high for the director. The Sony-Marvel release has accrued $1
Aug 9 (Reuters) – Apple has been testing memory chips from China’s CXMT across product lines including iPhones and MacBooks, to mitigate a component shortage fueled by the AI boom, the Wall Street Journal reported on Sunday. Apple held early talks with CXMT, which is China’s largest chipmaker by mar
By Jason Lange and Courtney Rozen WASHINGTON, Aug 9 (Reuters) – A bipartisan majority of Americans support more government rules for how social media companies conduct business, including a requirement of age-verification tools to keep younger children off social media, according to a Reuters/Ipsos
NEW DELHI, Aug 9 (Reuters) – India’s largest carmaker, Maruti Suzuki India expects the domestic passenger vehicle market to grow to 6.1 million-6.3 million units by fiscal year 2030-31, driven by a revival in demand for small cars and a stronger sport utility vehicle segment, Chairman R.C. Bhargava
NICOSIA, Cyprus (AP) — European consumers can expect natural gas from an undersea deposit off Cyprus to help meet their energy needs as early as March 2028, the island nation’s energy minister said. Michael Damianos said the East Mediterranean is fast becoming an alternative energy source for Europe
By Rene Wagner BERLIN, Aug 9 (Reuters) – Germany’s trade deficit with China widened in the first half of 2026, even as the Asian powerhouse remained its top trade partner, preliminary data from state-run agency Germany Trade & Invest (GTAI) showed on Sunday. German exports to China fell over 12% yea
SYDNEY, Aug 9 (Reuters) – More workers joined a strike at BHP’s Port Hedland operations in Western Australia on Sunday, a union spokesperson said, in the first major industrial action at the iron-ore export hub in a quarter-century. On the second of the planned two days of stoppage, some 100 worker
