By Anna Szymanski LONDON (Reuters) – Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! Global equities are being weighed down this morning by weakness in U.S. bank stocks. Concerns are mounting about looming credit risks, following negative announcements …
By Suzanne McGee and Ateev Bhandari (Reuters) -The U.S. Securities and Exchange Commission told Reuters that it was “unclear” whether the dozens of recent filings by asset managers to issue highly leveraged ETFs would be approved by the agency. Since the U.S. government shutdown began, “the agency has received a large number of registration statements …
SEC says ‘unclear’ if proposed 3x and 5x leveraged ETFs would be approved Read More »
By Tom Polansek CHICAGO (Reuters) -Archer-Daniels-Midland, one of the world’s biggest grain merchants, is offering incentives for U.S. farmers to deliver soybeans to one of its major processing facilities this month as low prices have slowed selling by growers, a grain trader and a company employee with knowledge of the matter said. In an unusual …
ADM seeks to lure soy sales from US farmers as prices languish, sources say Read More »
By Doyinsola Oladipo NEW YORK (Reuters) -Spirit Airlines on Thursday said it will furlough 365 pilots and downgrade the status of up to 170 pilots in the first quarter of 2026 as it makes larger cuts to its workforce as part of its restructuring efforts. After filing for bankruptcy in August for the second time …
Spirit Airlines to furlough another 365 pilots in restructuring Read More »
(Reuters) -Ford is recalling nearly 625,000 vehicles in the U.S. due to seatbelt and rear-view camera display problems, the U.S. National Highway Traffic Safety Administration said on Friday. The seatbelt recall affects 332,778 Ford Mustang vehicles, while the camera display issue recall covers 291,901 F-250, F-350 and F-450 super duty trucks, according to NHTSA notices. …
Ford to recall nearly 625,000 US vehicles over camera display, seatbelt issues Read More »
By Tom Polansek, Trevor Hunnicutt and Costas Pitas WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday that his administration was working to lower the price of beef in the country. “We are working on beef, and I think we have a deal on beef,” Trump told reporters at the White House. The price of …
Trump says his administration is working on lowering beef prices Read More »
By Nidhi Verma and Florence Tan NEW DELHI/SINGAPORE (Reuters) -Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil to be delivered at the end of 2025 or in early 2026, in rare imports from the South American producer, trade sources said on Friday. Indian Oil Corp, the …
Indian refiners make rare purchases of Guyanese grades, sources say Read More »
By Joice Alves LONDON (Reuters) -The boom in investment in artificial intelligence is starting to be felt for the first time in currency markets across Europe, and analysts reckon the Swedish crown and sterling stand to benefit the most. Trading in the almost $10 trillion-a-day FX markets this year has been driven by broad dollar …
Analysis-AI boom rippling across to Britain’s pound, Swedish crown Read More »
(Reuters) -Banks including JPMorgan, Bank of America, Goldman Sachs and Citigroup are in talks with the U.S. Treasury to provide up to $20 billion in loans to Argentina, Semafor reported on Thursday, citing people familiar with the matter. U.S. Treasury Secretary Scott Bessent on Wednesday had said that the department was working with banks and …
Banks in talks with US Treasury to lend $20 billion to Argentina, Semafor reports Read More »
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new applications for jobless benefits fell last week, economists at JPMorgan and Goldman Sachs estimated on Thursday, but lackluster hiring has left many on unemployment rolls. Initial claims for state unemployment benefits dropped to a seasonally adjusted 217,000 for the week ending October 11 from 235,000 …
US weekly jobless claims decline, JPMorgan and Goldman Sachs estimate Read More »
