BEIJING, Sept 30 (Reuters) – China’s factory activity returned to growth in September, an official survey showed on Wednesday, as easing weather disruptions allowed factories to resume operations and a global artificial intelligence boom supported the industrial sector. The official manufacturing pu
By Helen Clark PERTH, Sept 30 (Reuters) – Oil prices rose on Wednesday after US President Donald Trump denied he would be willing to ease sanctions on Iran while Qatar pushed for peace talks, after falling in the previous session on a recovery in crude supply from the Middle East. Brent crude future
By Tom Westbrook SINGAPORE, Sept 30 (Reuters) – The dollar stood near this year’s high versus the euro on Wednesday and was poised for the largest monthly rise against it for 14 months, powered by US growth and rising US interest rates in contrast to the energy and debt worries swirling in Europe. O
By Jayasree Prabhu and Manya Saini Sept 29 (Reuters) – Robinhood said on Tuesday it will let users trade some US stocks round-the-clock during weekends, marking its latest effort to keep up as the industry marches toward 24-hour access. The online brokerage’s push is part of a fundamental shift that
(Corrects to remove extraneous word from headline) Sept 29 (Reuters) – Goldman Sachs’ private credit fund said on Tuesday that investor requests to pull money further slowed down in the third-quarter tender offer, with redemption pressure easing across the broader industry. The $18.2 billion GS Cred
By Mike Stone and Dan Catchpole WASHINGTON, Sept 29 (Reuters) – Boeing has been selected to build the US Navy’s next-generation stealth fighter, the Pentagon said on Tuesday, marking the company’s second consecutive major win on fighter jets and capping months of delay over a program central to US s
By Chuck Mikolajczak NEW YORK, Sept 29 (Reuters) – US stocks ended the session slightly lower on Tuesday, as government bond yields continued their ascent ahead of inflation and labor market data, while investors assessed comments from Federal Reserve officials for the path of interest rates. Longer
By Scott Murdoch SYDNEY, Sept 30 (Reuters) – Australia’s corporate regulator said on Wednesday it would formally review the country’s banking sector’s usage of AI in dealing with customers. The Australian Securities and Investments Commission (ASIC) warned in May the banks should take urgent action
By Ed White WINNIPEG, Manitoba, Sept 29 (Reuters) – As a US ban on many Canadian alcohol imports takes effect on Tuesday, John Cote had hoped to boost domestic sales of his Black Fox artisanal whisky and gin by tapping a wave of “buy Canadian” sentiment during the trade war with the United States. B
Sept 29 (Reuters) – OpenAI aims to raise at least $30 billion in a funding round and is seeking a valuation of about $1.4 trillion, not including the money raised, Bloomberg News reported on Tuesday, citing people familiar with the matter. Here are more details: • The fundraising discussions are at
By Lucia Mutikani WASHINGTON, Sept 29 (Reuters) – US consumer confidence plunged to a near 12-1/2-year low in September, with households expecting a deterioration in business and labor market conditions over the next six months amid the Middle East conflict and rising interest rates. The Conference
By Michael S. Derby and Ann Saphir BUFFALO, Sept 29 (Reuters) – Federal Reserve policymakers probably only need to deliver one more rate hike this year to get inflation back on track to the US central bank’s 2% goal, New York Fed President John Williams said on Tuesday, in what amounted to a pushbac
Sept 29 (Reuters) – Walt Disney is laying off a few hundred employees across human resources and technology departments, a source familiar with the matter told Reuters on Tuesday. Disney has seen several C-suite changes since Josh D’Amaro took charge as CEO in March, including the appointment of 25-
WASHINGTON, Sept 29 (Reuters) – US job openings fell in August, but layoffs remained low, pointing to a stable labor market. Job openings, a measure of labor demand, had dropped by 256,000 to 7.079 million by the last day of August, the Labor Department’s Bureau of Labor Statistics said in its Job O
By Howard Schneider WASHINGTON, Sept 29 (Reuters) – Too big a pullback in the US central bank’s communications could lead to higher and more volatile interest rates and inflation if the public and businesses are left to guess how it would react to different economic developments, St. Louis Federal R
By Anirban Sen NEW YORK, Sept 29 (Reuters) – Kalshi is in advanced discussions to raise about $1 billion in fresh funding from existing and new investors, including Tiger Global Management and Dragoneer Investment Group, according to people familiar with the matter, as the prediction markets exchang
Sept 29 (Reuters) – The Federal Aviation Administration said it hiring two Southwest Airlines employees for senior roles at the agency and is tapping a senior official at NetJets to serve as the agency’s chief counsel starting next month. FAA Administrator Bryan Bedford said Chris Kelly, a senior re
Sept 29 (Reuters) – JPMorgan Chase has appointed Mark O’Donovan as its head of human resources, effective January next year, succeeding Robin Leopold, CEO Jamie Dimon said in a memo seen by Reuters on Tuesday. Here are some details: • Leopold, who plans to retire in the first quarter of next year, h
By Foo Yun Chee BRUSSELS, Sept 29 (Reuters) – Europe’s mobile telecoms operators could get more time to phase out equipment from suppliers deemed high risk, according to a proposal by EU governments seen by Reuters, after the sector complained replacement could reach €40 billion ($45 billion). The
By Blake Brittain WASHINGTON, Sept 29 (Reuters) – Computer-memory company Netlist said on Tuesday that it has filed a new complaint at a U.S. trade tribunal seeking to block imports of Micron memory chips used in Google, Nvidia and Broadcom products for AI computing. • Netlist said in the complaint,
By Jonathan Stempel NEW YORK, Sept 29 (Reuters) – The JPMorgan Chase investment banker accused of sexual harassment in a lawsuit that went viral renewed her countersuit against her accuser, saying he defamed her, ruined her reputation and destroyed her life to extract millions of dollars from her an
Sept 29 (Reuters) – Spotify and Anthropic’s Claude were down for thousands of U.S. users on Tuesday, according to outage-tracking website Downdetector.com. More than 17,000 U.S. users reported issues with Spotify as of 10:12 a.m. ET, while more than 11,000 users reported issues with Claude, accordin
Sept 29 (Reuters) – The S&P 500 and the Nasdaq opened higher on Tuesday, helped by a pullback in oil prices, while media reports of the details about Anthropic’s public offering bolstered sentiment towards technology stocks. The Dow Jones Industrial Average fell 64.6 points, or 0.13%, at the open to
By Rajesh Kumar Singh CHICAGO, Sept 29 (Reuters) – Alaska Air Group is making its biggest push yet into premium travel, adding lie-flat seats, premium-economy cabins and new airport lounges to earn more from travelers willing to pay for comfort while high jet fuel prices squeeze its profits. In an i
By Vallari Srivastava, Curtis Williams and David French HOUSTON, Sept 29 (Reuters) – Alternative asset managers deploying cash from their insurance arms are reshaping how America’s energy infrastructure is financed, emerging as major backers of LNG export projects and the pipelines moving crude and
By Deepa Seetharaman SAN FRANCISCO, Sept 29 (Reuters) – Current and former OpenAI and Google DeepMind researchers warn companies are doing too little to protect the world against the potentially disastrous fallout of building self-improving AI systems that could outpace humans’ ability to control th
WARSAW, Sept 29 (Reuters) – Ryanair CEO Michael O’Leary said on Tuesday that he hoped an announced delay in certification of Boeing MAX 10 planes would be “a matter of days, not weeks or months”. “We still expect to receive the first 15 MAX 10 aircraft in the spring of 2027,” he said during a confer
By Waylon Cunningham NEW YORK, Sept 29 (Reuters) – McDonald’s is increasingly using artificial intelligence to guide menu prices across the U.S. and some global markets, a plan that aims to boost headquarters’ profit but risks alienating customers and attracting antitrust scrutiny. One pricing facto
By Shashwat Chauhan and Tharuniyaa Lakshmi Sept 29 (Reuters) – Wall Street’s main indexes were set to open higher on Tuesday, helped by a pullback in oil prices, while media reports of the details about Anthropic’s public offering also bolstered sentiment towards technology stocks. Brent crude futur
Sept 29 (Reuters) – The US auto safety regulator said on Tuesday it had closed its preliminary evaluation of more than 1 million Stellantis Jeep vehicles following reports of underhood fires while the vehicles were parked and the ignition was off. In September 2024, the National Highway Traffic Safe
