Syria Grants Fly Dar First Private Airline Operating Certificate Since Assad’s Fall By Rizik Alabi / The Media Line [DAMASCUS] Syria’s General Authority of Civil Aviation and Air Transport has granted Fly Dar Airlines an Air Operator Certificate, making it the first Syrian private airline to receive
(New York, NY) — Wall Street is closing higher to wrap up a positive week. Stocks rallied as oil prices eased and Treasury yields pulled back. A surge in technology shares including Microsoft and Meta Platforms added lift to markets as all three major indexes posted weekly gains. At the closing bell
Sept 25 (Reuters) – Google’s cybersecurity unit said on Friday that hacking group ShinyHunters has renewed “mass exploitation” of a security flaw in Oracle’s PeopleSoft software, after skirting defenses put up following attacks in the summer. Mandiant made the announcement in a threat intelligence r
Sept 25 (Reuters) – Paramount Skydance said on Friday it would move the listing of its Class B common stock from Nasdaq to the New York Stock Exchange. • Trading on Nasdaq is expected to end at market close on or around October 5, while trading on the NYSE is expected to begin at market open on Octo
By Michael S. Derby Sept 25 (Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she is concerned that persistently high inflation risks conditioning the American public to accept elevated prices as the norm, adding the central bank cannot let that happen. “The biggest
By Deepa Seetharaman, Raphael Satter and Jeff Horwitz SAN FRANCISCO/WASHINGTON, Sept 25 (Reuters) – Two months after OpenAI disclosed the accidental hacking of Hugging Face, the ChatGPT maker is still working to understand the full scope of its rogue agent activity, two people briefed on the matter
Sept 25 (Reuters) – Insurance underwriter TFP Group, better known as The Fidelis Partnership, filed for a US initial public offering on Friday, as the fall listing window looks to gain momentum after a tepid start. Expectations for a strong pickup in the fall IPO window have failed to materialize as
Sept 25 (Reuters) – Nike-owned sneaker brand Converse told employees it is pausing all marketing this week after an earlier advertisement sparked outrage for evoking imagery of the Ku Klux Klan and lynching, Bloomberg News reported on Friday, citing a person familiar with the decision. Reuters could
Chinese Nationals Among 212 Arrested as Pakistan Cracks Down on Global Call Center Fraud By Arshad Mehmood / The Media Line [ISLAMABAD] Pakistani authorities have arrested 212 people, including Chinese nationals, in raids on three illegal call centers in Islamabad linked to an alleged international
By Jody Godoy AUSTIN, Sept 25 (Reuters) – US Federal Trade Commission Chairman Andrew Ferguson said on Friday he would resist describing AI agents as autonomous actors that “break loose” with “wills and desires of their own,” suggesting the developers who instruct agents would be the ones liable for
By Fabian Cambero Sept 25 (Reuters) – One of the unions at Chile’s Escondida mine, the world’s largest copper operation, on Friday rejected BHP’s attempt to delay contract talks after a worker was killed in an accident earlier this week. The Australian-based miner, in an internal note seen by Reuter
By Maxwell Akalaare Adombila and Olivia Kumwenda-Mtambo DAKAR/JOHANNESBURG, Sept 25 (Reuters) – The top executive of KoBold Metals said Western miners can match China’s pace in developing critical minerals projects in Africa without compromising compliance standards as long as governments streamline
By Marco Aquino LIMA, Sept 25 (Reuters) – Peru expects to boost annual copper production by about 1 million metric tons within 5 to 6 years through new mining projects, as Chinese and US companies weigh investments amid broader competition for critical minerals in South America, Peru’s Energy and Mi
>>Trading Week Winding Down (New York, NY) — The opening bell rings this morning on Wall Street after stocks closed mixed yesterday. It came as treasury yields have continued to move higher amid anticipation of further rate hikes from the Federal Reserve. Oil prices have also seen an uptick. At the
(Washington, DC) — President Trump hosted Chinese President Xi Jinping [[ she jeen-peeng ]] at the White House last night for a state dinner. The event was also attended by a long list of U.S. tech executives including Elon Musk and Mark Zuckerberg. Today, Trump will take Xi to the National Archives
Sept 25 (Reuters) – Wall Street’s main stock indexes were steady at open on Friday as AI optimism offset worries regarding high oil prices and rising Treasury yields, while investors monitored chances of an agreement to end the Middle East conflict. The Dow Jones Industrial Average rose 9.7 points,
Sept 25 (Reuters) – Lumen Technologies said on Friday it plans to transfer the listing of its common stock and two Qwest Corp notes to Nasdaq from the New York Stock Exchange, saying the exchange better fits its technology-focused business as it expands networking services for AI customers. The move
By Lewis Krauskopf NEW YORK, Sept 25 (Reuters) – Investors will sift through reports on employment and inflation in the coming week to assess chances of a sharper trajectory of interest rate hikes, which could undermine the US stock market’s rally. Major equity indexes hovered near record levels on
By Lucia Mutikani WASHINGTON, Sept 25 (Reuters) – New orders for key US-manufactured capital goods increased more than expected in August and data for the prior month was revised sharply higher, pointing to another quarter of robust growth in business spending on equipment amid an artificial intelli
By Jiaxing Li and Harry Robertson HONG KONG/LONDON, Sept 25 (Reuters) – The dollar fell on Friday but was on track for its second consecutive weekly gain on rising rate hike bets, while the yen rallied after Japan said Tokyo and Washington remain committed to the stance behind July’s joint intervent
Sept 25 (Reuters) – Global equity funds attracted the most inflows since early July in the week to September 25, snapping a two-week selling streak as enthusiasm around artificial intelligence and a pullback of oil prices outweighed a sharp rise in government bond yields. Investors bought a net $44.
Sept 25 (Reuters) – US equity funds recorded their first inflows in five weeks in the week ended September 25, buoyed by strong demand for AI applications and data and oil prices’ retreat from recent highs. Investors purchased US equity funds of a net $37.6 billion in their largest weekly net purcha
By Anna Szymanski Sept 25 (Reuters) – Geopolitics initially took center stage this week, as the United Nations General Assembly kicked off and Chinese President Xi Jinping headed to Washington, but these meetings have ended up offering little more than talk. It was in the bond market where we really
By Rachel More and Christina Amann BERLIN, Sept 25 (Reuters) – Volkswagen CEO Oliver Blume may have got the green light from stakeholders for his turnaround plan, but he faces tough talks in Germany over job cuts and plant closures as well as fundamental questions over the automaker’s US strategy. H
A look at the day ahead in European and global markets from Stella Qiu Treasuries are meant to be markets’ quiet backwater. When they start dominating headlines and trading like a retail-driven Korean stock market, something has clearly gone awry. In just two sessions, the benchmark US 10-year yield
By Francesco Guarascio and Phuong Nguyen HANOI, Sept 25 (Reuters) – Japan’s Sumitomo Mitsui Banking Corp (SMBC) is in advanced talks to increase its stake in Vietnamese private lender VPBank, four people familiar with the negotiations said. SMBC, the banking arm of Sumitomo Mitsui Financial Group, i
By Francesco Guarascio, Alessandro Parodi, Phuong Nguyen and Farah Master HANOI/HONG KONG, Sept 25 (Reuters) – In July, a ton of cotton shirts was unloaded at the port of Los Angeles after a trip from southern Vietnam. The apparel had come from a garment manufacturer closely related to Chinese texti
By Amanda Cooper and Dhara Ranasinghe LONDON, Sept 25 (Reuters) – Global stocks headed for their best weekly performance since early August on Friday, as AI euphoria and the prospect of an improvement in Middle East energy supplies won out over surging bond yields for now. Oil prices retreated as tr
By Stephanie Kelly LONDON, Sept 25 (Reuters) – Oil prices fell on Friday as markets weighed the possibility of a truce between the US and Iran against concerns that increasing attacks against Saudi Arabia by Houthi fighters could disrupt supply from the key Middle Eastern producer. Brent was down 40
(Chicago, IL) — McDonald’s is investing eight-point-five-billion dollars over the next decade to modernize restaurants, expand technology and attract more customers. The plan includes updated kitchens, more AI, expanded rewards and new menu items, including chicken bowls, snack wraps and egg bites.
