By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. government shutdown tops investors’ agenda next week as markets head into the seasonally strong fourth quarter, with equities near record highs bracing for an earnings-season test later this month. A deep partisan rift in Washington led to a federal government shutdown that risks delaying crucial economic …
Wall St eyes Washington standoff with stocks near records Read More »
(Reuters) -The decision by President Donald Trump administration to halt fully permitted offshore wind energy projects is “very damaging” to investment, President of Shell U.S. Colette Hirstius told the Financial Times in a report published on Sunday. The executive told the newspaper that energy projects with proper permits should be allowed to continue and warned …
Shell’s US executive says Trump’s halting of wind projects harms investment, FT reports Read More »
ROME (Reuters) -Rome is working closely with the European Commission to press the United States to reconsider an additional anti-dumping tariff on pasta imports which would effectively double their price, the Italian foreign ministry said. The decision to impose an extra duty of 91.74% is the result of proceedings by the U.S Department of Commerce …
Rome calls on US to reconsider extra tariff on pasta imports Read More »
(This story has been refiled to change the incorrect text and pictures) (Reuters) – French-Italian-American automaker Stellantis is planning to invest about $10 billion in the United States, Bloomberg News reported on Saturday, citing people familiar with the situation. Stellantis may announce in the coming weeks about $5 billion in fresh investment on top of …
Automaker Stellantis planning $10 billion in US investments, Bloomberg News reports Read More »
By Alexandra Valencia QUITO (Reuters) -Ecuador’s government has revoked the environmental license granted to Canadian mining company DPM Metals for the development of Loma Larga, a gold project in an environmentally sensitive area, the government said on Saturday. The decision follows strong opposition from residents and local authorities in Azuay province, where Loma Larga is located, who argue …
Ecuador revokes environmental license for Canada’s DPM to develop gold project Read More »
By Dawn Chmielewski LOS ANGELES, October 3 (Reuters) -Superstar Taylor Swift’s 12th studio album, “The Life of a Showgirl,” arrived on Friday with a promotional blitz including midnight sales at Target stores, a release party at movie theaters around the globe and pop-up experiences in New York and Los Angeles. It follows “The Tortured Poets …
Taylor Swift’s ‘Life of a Showgirl’ presents pop phenomenon at the peak of her power Read More »
By Elvira Pollina and Giulio Piovaccari TURIN (Reuters) -Amazon founder Jeff Bezos predicted on Friday gigawatt-scale data centres will be built in space within the next 10 to 20 years and that continuously available solar energy meant they would eventually outperform those based on Earth. Speaking at the Italian Tech Week in Turin, Bezos also …
Data centres in space? Jeff Bezos says it’s possible Read More »
By Mrinmay Dey (Reuters) -ChatGPT creator OpenAI will soon introduce controls allowing the owners of content rights to dictate how their characters are used in its AI video-generating tool Sora and plans to share revenue with those who permit such use. The artificial intelligence company will give rights holders “more granular control over generation of …
OpenAI to boost content owners’ control for Sora AI video app, plans monetization Read More »
By Kylie Madry MEXICO CITY (Reuters) -Mexican mining and transportation giant Grupo Mexico on Friday submitted an offer to purchase Citi’s retail unit in the country, known as Banamex, more than two years after it had scrapped previous plans to do so. Grupo Mexico, controlled by German Larrea, one of the nation’s wealthiest men, said …
Mining giant Grupo Mexico returns with new offer for Citi’s Banamex Read More »
(Reuters) -Movie star George Clooney said on Friday that U.S. President Donald Trump’s threat to impose a 100% tariff on all films produced overseas was the wrong solution for a real issue. Clooney spoke before the annual Albies awards ceremony in London, a program that he and his wife Amal created to recognize global human …
George Clooney says Trump should create incentives, not tariffs, for movie industry Read More »
