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Brazil coffee exports to US to fall further if tariffs stay, Cecafe president says

26 Sep 2025

By Oliver Griffin VITORIA, Brazil (Reuters) -Brazil coffee exports to the United States will decline further if U.S. tariffs remain in place, Marcio Ferreira, the head of exporter group Cecafe said, adding the industry was pleased by warming relations between the leaders of the two countries. U.S. President Donald Trump imposed a 50% tariff on …

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Argentina approves McEwen’s $2.7 billion copper project for tax break program

26 Sep 2025

By Lucila Sigal BUENOS AIRES (Reuters) -Argentina has approved Canadian miner McEwen Copper’s $2.7 billion Los Azules copper project in the country for a tax break program known as the Large Investment Incentive Regime (RIGI), the nation’s economy minister said on Friday. The project is set to contribute $1.1 billion in exports a year, Economy …

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BMW to recall over 196,000 US vehicles due to engine starter defect

26 Sep 2025

(Reuters) -BMW is recalling over 196,000 vehicles in the U.S. as the engine starter relay may corrode, leading to overheating and short circuit, increasing the risk of a fire, the U.S. National Highway Traffic Safety Administration said on Friday. The issue affects multiple models including Toyota Supra and 2022 BMW 230i vehicles, the U.S. auto …

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German carmakers to meet Chancellor Merz at summit in October

26 Sep 2025

BERLIN (Reuters) -Executives of Germany’s top carmakers will meet Chancellor Friedrich Merz at a summit planned for October 9 in Berlin, a person with direct knowledge of the matter said. The meeting comes as Germany’s giant auto industry grapples with U.S. tariffs, slumping sales, and warnings on profits. The Chancellery in Berlin did not immediately …

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US plans 1:1 chip production rule to curb overseas reliance, WSJ reports

26 Sep 2025

(Reuters) -The U.S. is planning to push chipmakers to match the volume of semiconductors that their customers currently import from overseas providers through domestic production, or pay a tariff, the Wall Street Journal reported on Friday. President Donald Trump has doubled down on his efforts to reshore semiconductor manufacturing, offering exemptions from tariffs of roughly …

US plans 1:1 chip production rule to curb overseas reliance, WSJ reports Read More »

Southwest Airlines to pay $18.5 million over employees’ military leave

26 Sep 2025

By Jonathan Stempel (Reuters) -Southwest Airlines agreed to pay $18.5 million to settle a class action accusing the carrier of failing to provide paid leave to employees who took short-term military leave. A preliminary settlement was filed on Thursday night in San Francisco federal court, and requires a judge’s approval. Employees said Southwest wrongly denied …

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AstraZeneca to cut some direct-to-patient US drug prices after Trump demand

26 Sep 2025

By Maggie Fick LONDON (Reuters) -AstraZeneca said on Friday it will sell its diabetes and asthma drugs direct to cash-paying U.S. patients at a discount of up to 70% off list prices, the latest pharma company to do so after pressure from U.S. President Donald Trump. The Anglo-Swedish company, Britain’s biggest by market value, said …

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FAA returning some 737 MAX, 787 ticketing authority to Boeing

26 Sep 2025

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration will allow Boeing to issue airworthiness certificates for some 737 MAX and 787 airplanes starting next week after years of retaining the authority, the agency said. The FAA revoked Boeing’s right to approve individual MAX planes in 2019 after a second fatal MAX crash in Ethiopia …

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US, European pharma stocks steady after Trump’s tariff move, Asia slips

26 Sep 2025

By Gregor Stuart Hunter and Andrew Silver SINGAPORE/SHANGHAI (Reuters) -Shares of U.S. and European pharmaceutical firms were little changed on Friday, while Asian drugmakers declined, after President Donald Trump announced 100% tariffs on branded drugs imported by firms that are not building plants in the U.S. Analysts said the move was widely expected and unlikely …

US, European pharma stocks steady after Trump’s tariff move, Asia slips Read More »

With US backing, Argentina gains time – but October vote will be crucial

26 Sep 2025

By Libby George LONDON (Reuters) -Argentina’s “whatever it takes” moment with the United States this week may have given the country its best chance to escape decades of chaotic debt defaults and bailouts, investors say. But everything hinges on October’s nationwide election. Argentine assets soared after U.S. Treasury Secretary Scott Bessent said “all options” were …

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