TALLINN, Estonia (AP) — Belarus’ authoritarian President Alexander Lukashenko met with a U.S. envoy on Tuesday to push for the lifting of the remaining U.S. sanctions against his country. Speaking at a meeting with John Coale, the U.S. special envoy for Belarus, Lukashenko said that “we have reached
Sept 15 – Otis Worldwide CEO Judy Marks, who helped navigate the elevator maker’s transition to a stand-alone company after its 2020 spin-off from United Technologies, is set to retire, the company said on Tuesday. A committee of independent directors is looking for a successor. • Marks, who has bee
Sept 15 (Reuters) – The major U.S. stock indexes were subdued at open on Tuesday as higher crude prices, elevated Treasury yields and an uncertain outlook for AI demand kept investors at bay. The Dow Jones Industrial Average fell 118.0 points, or 0.23%, at the open to 52,303.24. The S&P 500 fell 7.7
BEIJING (AP) — New border control rules taking effect in China on Tuesday could ban citizens from leaving the country if they engage in illegal activity that endangers national or industrial security. The rules, part of a broader overhaul of border regulations, reflect in part heightened government
By Nidhi Verma and Ahmed Rasheed NEW DELHI/BAGHDAD, Sept 15 (Reuters) – Abu Dhabi National Oil Co (ADNOC) has bought millions of barrels of discounted crude from Iraq’s state oil firm, three people familiar with the matter said, expanding its role as a trader amid supply disruptions from the Iran wa
By Ange Kasongo KINSHASA, Sept 15 (Reuters) – Democratic Republic of Congo has approved a task force to speed up implementation of its strategic minerals partnership with the United States, according to cabinet minutes seen by Reuters on Tuesday, as Kinshasa seeks to attract more Western investment
HONG KONG (AP) — As the rapid development of artificial intelligence triggers a renewed debate about its risks, the United States and China keep racing to develop increasingly powerful models even as they express their own concerns. The U.S. has outpaced China and other countries for years in AI mod
Sept 15 (Reuters) – Wells Fargo lowered its year-end target for the S&P 500 index to 7,700 from 7,950, as limited catalysts for further gains, and rising political and sector-specific risks cloud the market outlook. The market is entering the “late innings” of the cycle, a phase that typically suppo
When someone says they’re retiring because they “hit their number,” my alarm bells go off because it’s often a signal that the retirement plan isn’t as holistic or risk-conscious as it should be. Too often, people use a simple heuristic like the 4% guideline to determine their portfolios’ viability.
By Saeed Azhar NEW YORK, Sept 15 (Reuters) – Goldman Sachs’ asset management said on Tuesday its alternatives unit has raised $11.7 billion across its latest private equity funds and related vehicles. The fundraising included $9.6 billion for flagship fund West Street Capital Partners IX, $1.6 billi
By Mike Dolan Sept 15 (Reuters) – The nervous start to the week for world markets has seen 10-year U.S. Treasury yields top 5% to hit their highest in 19 years, just as Treasury Secretary Scott Bessent prepares to address Congress and the Federal Reserve starts its critical two-day meeting today. Th
By Allison Lampert and Doyinsola Oladipo Sept 15 (Reuters) – Airlines affected by air traffic control staff shortages should do more to prevent delays from snowballing into broader disruptions, a pilots’ union and an aviation consultant said, as lawmakers prepared to discuss U.S. sector reforms on T
By Aditya Soni Sept 16 (Reuters) – The heads of America’s leading AI labs came together in a rare show of unity over the weekend to call for a pause in the technology’s development, warning that it could soon improve on its own and slip beyond human control. The remarks, from fierce business rivals
BEIJING/SHANGHAI, Sept 15 (Reuters) – A potential tie-up between Toyota’s two main Chinese partners could be a sign the long-standing foreign joint-venture model in China is entering a new phase as a shrinking market and brutal competition force automakers to become more efficient. Guangzhou Automob
By Purvi Agarwal, Sruthi Shankar and Medha Singh Sept 15 (Reuters) – Add the summer bond-market rout to the list of market upheavals that U.S. stocks have largely shrugged off. Despite a sharp rise in U.S. Treasury and overseas government bond yields over the past few weeks, the S&P 500 sits just le
SEOUL, Sept 15 (Reuters) – A South Korean lawmaker said on Tuesday, while questioning the country’s finance minister nominee, that U.S. President Donald Trump was due to announce details of Seoul’s planned investment in the United States on Friday. Yoon Hu-duk, a lawmaker from the ruling Democratic
VILNIUS, Lithuania (AP) — NATO fighter jets shot down a drone that entered Lithuanian airspace overnight, officials said Tuesday, less than a day after NATO Secretary-General Mark Rutte said that strikes close to the alliance’s territory would drive the trans-Atlantic organization to increase its su
By Fergal Smith TORONTO, Sept 15 (Reuters) – Canadian home sales fell in August as rising economic uncertainty and increased mortgage rates weighed on activity, data from the Canadian Real Estate Association showed on Tuesday. • Home sales fell 0.7% month-over-month in August. • Sales were down 6.9%
MANILA, Philippines (AP) — A predominantly Muslim region in the southern Philippines held its first elections for a regional parliament Monday and Tuesday following years of delays, moving it closer to self-rule after decades of insurgency and violence. Officials said turnout was over 80%, even as f
TORONTO (AP) — Canadian Prime Minister Mark Carney is heading to Europe in the middle of a trade war with U.S. President Donald Trump, seeking a deeper relationship with the European Union that could give Canadians greater freedom to work and study there. Canada will seek an arrangement that would a
By Sarupya Ganguly BENGALURU, Sept 15 (Reuters) – U.S. mortgage rates will stay higher than previously forecast and decline only modestly over coming quarters, a Reuters poll of property experts showed, keeping home price growth muted through next year. Those borrowing rate expectations, published a
By Wen-Yee Lee TAIPEI, Sept 15 (Reuters) – A Taiwanese union representing workers at Micron Technology warned on Tuesday it could move towards a strike unless the U.S. memory chipmaker agrees to a permanent profit-sharing system, escalating a labour dispute at its largest manufacturing hub. Taiwan i
By Kevin Buckland TOKYO, Sept 15 (Reuters) – The fate of the sharpest yen rally in 18 months rests on the Bank of Japan breaking free of its cautious rate-hiking path, though it risks a sharp reversal if the currency again succumbs to the forces that dragged it to 40-year lows in July. A sudden, mor
Sept 15 (Reuters) – Combined BHP Ports Unions will take top global miner BHP to arbitration after the two parties failed to agree on terms for a new wage deal for its Port Hedland iron ore operations in Western Australia, the union said on Tuesday. Port Hedland is the world’s largest iron ore export
Millions of students every day turn to AI chatbots for help with schoolwork, emotional support and personal advice — often unaware of where their conversations and other personal information end up. How that data is used — and schools’ role in protecting it — is a growing concern for educators, pare
WASHINGTON (AP) — The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s support for a cut. A quarter-point increase in th
NEW YORK (AP) — Bill Gates is warning technology companies and world leaders that they must act now to ensure artificial intelligence combats social inequities rather than deepening disparities — and his foundation is pledging $1 billion to improve access. The Microsoft co-founder made the appeal in
WASHINGTON (AP) — The technology industry’s increasingly urgent warnings about the potential harm of artificial intelligence are slamming into political intransigence in Washington, offering a fresh test of the federal government’s willingness and ability to confront what may become a defining issue
By Arasu Kannagi Basil and Anirban Sen NEW YORK, Sept 15 (Reuters) – Hedge fund managers have raised more capital than planned at the start of the year for the first time in three years, according to an internal report compiled by Bank of America and reviewed by Reuters. Hedge funds are likely to em
By Scott Murdoch SYDNEY, Sept 15 (Reuters) – Global technology investor, Ark Investment Management founder Cathie Wood, said on Tuesday the AI leaders’ pledge to slow the technology’s rapid progression was a positive step to help secure and safeguard the industry’s development. Anthropic CEO Dario A
