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Global equity fund inflows hit 11-month high on Fed rate cut bets

(Reuters) -Global equity funds witnessed robust demand in the week through October 1 as an inline U.S. inflation report and weaker-than-expected private payrolls data renewed hopes of Federal Reserve rate cuts. Investors bought a net $49.19 billion worth of global equity funds during the week, the most since November 13 last year, data from LSEG …

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Analysis-Coty’s consumer beauty line looks like a hard sell

By Alexander Marrow and Dominique Patton LONDON/PARIS (Reuters) -Ageing brands and declining sales could make Coty’s makeup business a hard sell, raising the prospect of piecemeal deals or lower than expected proceeds that might complicate the group’s plans to cut debt and invest in growth. Coty said on Tuesday it had launched a review of …

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OpenAI asks court to dismiss trade-secret lawsuit from Musk’s xAI

By Blake Brittain (Reuters) -OpenAI asked a federal judge on Thursday to dismiss a lawsuit alleging it lured employees away from Elon Musk’s artificial intelligence startup xAI to steal its trade secrets, calling the case part of Musk’s “ongoing harassment” of the company. OpenAI denied xAI’s allegations and said its claims were false and unsubstantiated. …

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World food prices dip as falls in sugar and dairy offset new high for meat

PARIS (Reuters) -Global food commodity prices dipped in September as declines in sugar and dairy offset a new peak for meat prices, the United Nations’ Food and Agriculture Organization said on Friday. The FAO Food Price Index, which tracks a basket of internationally traded food commodities, averaged 128.8 points in September, down from a revised …

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NTSB, FAA to probe crashes of two Amazon delivery drones in Arizona

By David Shepardson WASHINGTON (Reuters) -The U.S. National Transportation Safety Board and Federal Aviation Administration said on Thursday they would investigate the collisions of two Amazon Prime Air delivery drones with the boom of a crane in Tolleson, Arizona, a day earlier. Amazon began drone deliveries in the Phoenix metro area’s West Valley from its …

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Planemaker Embraer delivers 62 jets in Q3, up 5% from a year earlier

By Andre Romani SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Thursday it delivered 62 aircraft in the third quarter of 2025, about 5% higher than the 59 deliveries in the same period last year. The world’s third-largest planemaker delivered 20 commercial aircraft in the quarter, a 25% increase year-on-year, and 41 executive jets, in …

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Wall Street closes with records as tech support offsets labor, shutdown uncertainties

By Sinéad Carew and Niket Nishant (Reuters) -Wall Street’s three major indexes marked record closing highs with modest gains on Thursday, largely thanks to support from the technology sector, while investors cautiously monitored private labor market data on the second day of a U.S. government shutdown.  The benchmark index rose very slightly, with its valuation …

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General Dynamics gets $1.25 billion IT contract to support US Army in Europe, Africa

(Reuters) -Defense giant General Dynamics’ information and technology unit had secured a $1.25 billion task order to support the U.S. Army in Europe and Africa, it said on Thursday, a week after announcing another $1.5 billion U.S. defense contract. The contract, awarded in September, covers a five-month base period for transition and seven option years, …

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Google, NBCUniversal reach agreement to keep shows on YouTube TV

(Reuters) -Alphabet’s Google and Comcast-owned NBCUniversal have reached a multi-year agreement to keep NBC shows such as “Sunday Night Football” and “America’s Got Talent” on YouTube TV, wrapping up a difficult negotiation. YouTube TV, one of the biggest pay-TV distributors in the U.S., will carry NBCUniversal’s full portfolio of networks such as NBC and CNBC …

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Google says hackers are sending extortion emails to corporate executives

By Raphael Satter and AJ Vicens WASHINGTON (Reuters) -Alphabet’s Google said hackers are sending extortion emails to an unspecified number of executives from various companies, claiming to have stolen sensitive data from their Oracle business applications. In a statement, Google said a group claiming affiliation with the ransomware gang cl0p claimed to have stolen sensitive data …

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