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Exclusive-Nissan to cut Rogue production in Japan over Nexperia fallout, source says

TOKYO (Reuters) -Nissan Motor will cut production of its top-selling Rogue SUV in Japan from next week due to a short supply of chips from Dutch firm Nexperia, according to a person familiar with the matter, the latest fallout from the diplomatic turmoil involving ...
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Australia’s Perpetual in exclusivity talks with Bain Capital for wealth unit sale

(Reuters) -Australia's Perpetual said on Wednesday it had entered into an exclusivity deal with private investment firm Bain Capital for the sale of its wealth management business. The company, however, said there is no certainty that the talks would lead to a binding deal. Perpetual ...
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Asian markets pull back as stretched valuation fears jolt Wall St

By Gregor Stuart Hunter SINGAPORE (Reuters) -Asian stocks extended an overnight selloff on Wall Street in early trading on Wednesday as investor concerns about stretched valuations sapped confidence. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.8%, led by declines in South Korean shares ...
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Restaurant chain Cava cuts sales forecast again on uneven demand

By Anshi Sancheti (Reuters) -Mediterranean restaurant chain Cava Group on Tuesday cut its annual same-store sales growth forecast for the second time this year, signaling sluggish spending on dining out by budget-conscious customers. Shares of the company were down 4% after the bell. The company expects ...
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Brazil’s Itau hikes net interest income outlook, posts in line recurring profit

SAO PAULO (Reuters) -Brazilian lender Itau Unibanco on Tuesday reported third-quarter net recurring profit in line with analysts' estimates and raised its projection for 2025 net interest income with the market. Itau, Latin America's largest private lender by total assets, reported an 11.9 billion ...
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Match Group forecasts quarterly revenue below estimates as payers continue to slide

By Kritika Lamba (Reuters) -Match Group forecast fourth-quarter revenue below analysts' estimates on Tuesday, underscoring ongoing challenges in its turnaround efforts as the Tinder parent struggles to convert casual swipers into loyal, paying users. Shares of the company fell about 2% in extended trading. The company, which ...
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Analysis-Japan’s crypto players jostle for market share on regulatory easing hopes

By Anton Bridge and Rae Wee TOKYO (Reuters) -From the launch of new products and services in Japan to facilitating leveraged trading bets, crypto exchanges and some financial firms are rushing to cash in on rising investor enthusiasm for digital assets amid hopes of easing ...
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Sequoia Capital’s Botha steps down as top boss

(Reuters) -Roelof Botha will step down as the managing partner at Sequoia Capital after a little more than three years in the role, the storied Silicon Valley venture capital firm said on Tuesday. Botha, who spearheaded Sequoia's investments in Meta Platforms' Instagram, biotech firm ...
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Tesla’s UK car sales halve in October, New Automotive data shows

(Reuters) -Tesla's UK car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the steep falls the U.S. electric vehicle maker saw in other European countries. There were only 495 new Tesla UK registrations in the month, down ...
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Travel chaos worsens amid government shutdown

(NEW YORK) -- Travelers with plans to fly amid the government shutdown are searching for refund policies related to flight delays or cancellations, as well as information on what resources are available to them if a booking is significantly impacted by the continued ripple ...
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Losses for Big Tech pull Wall Street lower

NEW YORK (AP) - Stocks fell on Wall Street Tuesday, pulled down by losses in the same big tech companies that have been the main drivers of the market's rally so far this year. The downturn pulled every major index further away from the all-time ...
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Pinterest’s weak revenue forecast signals intense competition for ad dollars

By Jaspreet Singh (Reuters) -Pinterest forecast fourth-quarter revenue slightly below Wall Street estimates on Tuesday, signaling fierce competition from larger platforms such as Meta during the holiday shopping season, sending its shares down around 16% in extended trading. The company expects quarterly revenue between $1.31 ...
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