SAO PAULO (Reuters) -Brazil’s central bank said on Tuesday that it has entered a “new stage” in which policymakers opt to keep interest rates unchanged while evaluating whether the current level is enough to ensure inflation converges to its 3% target. In the minutes from its latest meeting, where it held the benchmark Selic rate …
Brazil’s central bank signals ‘new stage’ of steady interest rates Read More »
By Lisa Baertlein LOS ANGELES (Reuters) -Five U.S. unions are calling on lawmakers to pass legislation that would help secure long-term funding to revive domestic shipbuilding, an effort championed by President Donald Trump and boosted by new port fees on Chinese ships. The United States on October 14 is slated to begin collecting fees on …
Unions push US lawmakers to pass SHIPS Act to secure shipbuilding funding Read More »
By Puyaan Singh and Sriparna Roy (Reuters) -Scholar Rock said on Tuesday the U.S. health regulator has declined to approve its drug for a rare neuromuscular disease citing issues at a third-party manufacturing facility, sending the company’s shares down 12% in premarket trading. Scholar Rock is banking on apitegromab to drive its growth and profitability. …
US FDA declines to approve Scholar Rock’s muscle weakness drug; shares fall Read More »
By Amanda Cooper LONDON (Reuters) -What matters in U.S. and global markets today By Amanda Cooper, Editor, Markets Breaking News, Europe Markets are digesting mixed signals this morning: Wall Street cooled after hitting record highs, Asia is riding an AI-driven surge, and gold has smashed through $3,750 an ounce, as investors hedge against uncertainty. Meanwhile, …
By Deepa Seetharaman and Akash Sriram (Reuters) -Nvidia will invest up to $100 billion in OpenAI and supply it with data center chips, the companies said on Monday, marking a tie-up between two of the highest-profile players in the global artificial intelligence race. The move underscores the increasingly overlapping interests of the various tech giants …
By Dawn Chmielewski, David Shepardson and Steve Gorman LOS ANGELES (Reuters) -Disney said “Jimmy Kimmel Live” will return to its ABC network lineup on Tuesday, six days after it suspended the talk-show host following threats by the Federal Communications Commission chairman over comments the host had made about Charlie Kirk’s alleged killer. This marked the …
Disney says Kimmel will return to the air Tuesday, six days after suspension Read More »
BERLIN (Reuters) -Germany’s DHL will resume the shipment of standard parcels for businesses to the United States from Thursday, roughly four weeks after suspending the service over looming U.S. customs duties for low-value packages. U.S. President Donald Trump’s administration said in late July that it would suspend the global “de minimis” exemption, which also allows …
Germany’s DHL to resume US-bound business parcel service from Thursday Read More »
(Corrects to say DBS’s family-office product could provide solutions for clients in Taiwan, Japan and the UK, not is popular in those countries, in paragraph 11) By Yantoultra Ngui SINGAPORE (Reuters) -DBS Private Bank, part of Singapore’s biggest bank DBS Group, said on Tuesday its bank-backed multi-family office platform has reached S$1 billion ($780 million) …
DBS‑backed family‑office platform hits $780 million in assets, to double by end‑2026 Read More »
(Reuters) -Turkish President Tayyip Erdogan plans to buy hundreds of Boeing airliners and Lockheed Martin jets, while seeking over $10 billion in local production deals, Bloomberg News reported on Tuesday citing people familiar with the matter. The deals are subject to approval by U.S. President Donald Trump, the report added. Reuters could not immediately confirm …
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) -Vietnam’s IPO market is heating up, fuelled by a share rally, regulatory changes and a credit splurge, but has failed to stir fresh interest from foreign investors despite the prospect that the market could be upgraded by index provider FTSE Russell. Last week brokerage Techcom Securities, a …
Vietnam’s IPO market, stocks rally fail to stir foreign investors Read More »
