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Analysis-Fed adds wrinkle for markets with December cut now in doubt

By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) -Investors were pinning hopes on more monetary policy easing ahead, even as Wednesday’s Federal Reserve meeting revealed a less-certain path toward more interest rate cuts in the face of a data drought, sticky inflation and divided ...
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Travel tech firm Navan set for Nasdaq debut after $923 million US IPO

(Reuters) -Navan is set to make its Nasdaq debut later on Thursday, after the travel technology company raised $923 million in its listing and successfully navigated a U.S. government shutdown to go public. Momentum in the U.S. IPO market, which had picked up pace ...
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Maker of Jeep and Fiat sees early results of turnaround with higher 3Q revenue

MILAN (AP) — Stellantis reported a 13% increase in third quarter net revenues to 37.2 billion euros on Thursday, ending seven quarters of decline on strong North American results as the world’s fourth-largest carmaker showed the first signs of a turnaround under the new ...
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Instant View: Market analysts react to Trump-Xi meeting

SINGAPORE (Reuters) -U.S. President Donald Trump held talks with China’s Xi Jinping at a South Korean air base on Thursday, with both leaders sounding optimistic about cooling trade tensions between the world’s two largest economies. Market reaction was fairly muted as investors awaited further details ...
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San Francisco mayor proposes denser housing to tackle affordability crisis

SAN FRANCISCO (AP) — San Francisco Mayor Daniel Lurie is trying to get more homes built for people like Liam Murphy: a fifth-generation city kid who found himself repeatedly outbid for tiny two-bedroom houses that wound up selling for $1.6 million. Murphy, 39, now lives ...
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Hyundai Motor retains earnings targets after US tariffs hit Q3 profit

By Heekyong Yang and Hyunjoo Jin SEOUL (Reuters) -South Korea’s Hyundai Motor posted a 29% decline in third-quarter operating profit on Thursday as U.S. tariffs weighed, but said it would maintain full-year targets after Seoul and Washington reached a trade deal. The U.S. is Hyundai’s largest ...
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‘Amazing’ Trump-Xi meeting cools tensions

A look at the day ahead in European and global markets from Ankur Banerjee A handshake between Donald Trump and Xi Jinping, an expected hold on rates from the Bank of Japan and Federal Reserve Chair Jerome Powell’s cautious tone are all that investors can ...
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Trump says US to cut fentanyl tariff to 10% after talks with China’s Xi

ABOARD AIR FORCE ONE (Reuters) – U.S. President Donald Trump said on Thursday that the United States will cut its tariffs on Chinese goods imposed as a punishment over the flow of fentanyl to 10% from 20%, after his summit ...
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China agrees to one-year rare earth export deal, issue ‘settled’ says Trump

By Lewis Jackson BEIJING (Reuters) -China has agreed to keep rare earth exports flowing to the world as part of a one-year agreement, President Donald Trump said on Thursday shortly after meeting his counterpart Xi Jinping in South Korea. The agreement, which Trump provided few details ...
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Lufthansa reports slightly stronger-than-expected Q3 earnings

LONDON (Reuters) -Lufthansa on Thursday reported operating earnings slightly above expectations as it has struggled to finalize a deal with unions to avoid a potential strike and recover its profits. The group reported an operating profit of 1.33 billion euros ($1.55 billion), a touch ...
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Stellantis revenues up 13% in third quarter, confirms second-half forecasts

MILAN (Reuters) -Automaker Stellantis said on Thursday its revenues rose 13% year-on-year in the third quarter to 37.2 billion euros ($43.4 billion), mostly driven by its main markets in North America and Europe. The result was in line with a ...
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Electrolux Q3 profit jumps as North America business picks up

STOCKHOLM (Reuters) -Swedish home appliances maker Electrolux said on Thursday profit more than doubled in the third quarter as its North America business kept recovering and managed to mostly compensate for higher U.S. trade tariff costs. The group, whose brands also include Frigidaire ...
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