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Brazilian President Lula says Trump ‘guaranteed’ trade deal with U.S

KUALA LUMPUR (Reuters) -Brazil’s President Luiz Inacio Lula da Silva said on Monday that U.S. President Donald Trump had “guaranteed” that the two countries would reach a deal on trade during a recent meeting between the two leaders. Lula said at a briefing on the sidelines of the ASEAN summit in Malaysia that his discussions …

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Trump names Michael Selig to chair CFTC; Selig cites crypto capital goal

(This Oct 24 story has been refiled without any changes to the text.) (Reuters) -U.S. President Donald Trump has picked Michael Selig as the Commodity Futures Trading Commission’s chair, an administration official and Selig himself said on Saturday. Selig is chief counsel for the CFTC’s crypto task force and has worked with Securities and Exchange …

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Workers reject Boeing’s latest offer after nearly three months on strike

By Dan Catchpole (Reuters) -Striking workers at Boeing Defense in the St. Louis area rejected the company’s latest contract proposal on Sunday, sending a strike that has already delayed delivery of fighter jets and other programs into its 13th week. In a statement after the vote, union leadership said the company had failed to address …

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Australia sues Microsoft over AI-linked subscription price hikes

(Reuters) -Australia’s competition regulator on Monday sued Microsoft, accusing it of misleading millions of customers into paying higher prices for its Microsoft 365 software after bundling it with artificial intelligence tool Copilot.  The Australian Competition and Consumer Commission (ACCC) alleged that from October 2024, the technology giant misled about 2.7 million customers by suggesting they …

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Toyota September output grows for fourth stright month, aided by strong US demand

TOKYO (Reuters) -Toyota Motor on Monday said its worldwide production increased by more than 10% in September and rose for a fourth straight month, as both sales and output increased in the U.S., the Japanese automaker’s top market. Toyota’s global output for September grew 11% from a year earlier to 918,146 vehicles. Production for the …

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More than 8,000 US flights delayed as air traffic control absences persist

By Idrees Ali and David Shepardson WASHINGTON (Reuters) -More than 8,000 flights were delayed across the U.S. on Sunday as air traffic controller absences continued to disrupt travel and a federal government shutdown reached its 26th day. U.S. Transportation Secretary Sean Duffy said the Federal Aviation Administration experienced air traffic control staffing issues at 22 …

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Australia’s Larvotto Resources rejects $373 million takeover offer on valuation concerns

(Reuters) -Australia’s Larvotto Resources said on Monday it had rejected a non-binding indicative offer received last week from United States Antimony Corporation, valuing the miner at about A$722.9 million ($469.74 million). The diversified miner said at the time, USAC’s five-day volume-weighted average price had implied an offer value of A$1.40 per Larvotto share. However, as of …

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Trump reverses Biden-era rules on copper smelters

By Jarrett Renshaw and Ernest Scheyder WASHINGTON (Reuters) -U.S. President Donald Trump on Friday reversed a Biden-era air pollution rule that had imposed stricter limits on emissions from copper smelters. The copper rule, finalized in May 2024, had required smelters to curb pollutants including lead, arsenic, mercury, benzene and dioxins under updated federal air standards. …

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