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Ukraine’s long-range strikes cut Russia’s oil refining capacity by 20%, Zelenskyy says

KYIV, Ukraine (AP) — Ukraine’s long-range strikes on refineries inside Russia have reduced Moscow’s oil refining capacity by 20%, Ukrainian President Volodymyr Zelenskyy said, citing intelligence from Western governments. Over 90% of those deep strikes on Russian soil were carried out by Ukrainian-made long-range weapons, ...
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US to continue dominating global investment flows, finance executives say

By Tom Sims and Elizabeth Howcroft (Reuters) -The United States will continue to draw the vast majority of investment flows and the risks of a slowdown in the world’s largest economy are overblown, the heads of major financial firms said at a conference in Saudi ...
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Stocks, dollar brace for tech earnings, rate verdicts

By Wayne Cole SYDNEY (Reuters) -Asian shares consolidated recent hefty gains on Tuesday as hopes for a thawing in global trade tensions kept risk appetites keen, while the bull run in tech stocks counted on a bumper round of mega-cap earnings this week. The likelihood of ...
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Global M&A activity up 10% in first nine months of 2025, study shows

ZURICH (Reuters) -Global mergers and acquisitions activity grew 10% in the first nine months of 2025 compared with the same period last year, extending a gradual recovery despite uncertainty over U.S. tariff policies and geopolitical conflict, a study showed on Tuesday. The Boston Consulting Group ...
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Primark seizes US opportunity as Trump hits online rivals

By James Davey and Helen Reid LONDON (Reuters) -Primark is accelerating its U.S. store openings and ramping up marketing, betting that President Donald Trump’s move to scrap a duty exemption on e-commerce parcels will drive budget-conscious shoppers away from online rivals and back to stores. ...
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Nomura reports 6% drop in second-quarter net profit

TOKYO (Reuters) -Japan’s largest brokerage and investment bank Nomura Holdings reported on Tuesday a 6% drop in net profit over the July-September quarter. Nomura made a net profit of 92.1 billion yen ($610.82 million) over the period, compared with a gain of 98.4 billion yen ...
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BYD’s mini-car ambitions may be a wake-up call for Japan 

By Maki Shiraki, Yoshifumi Takemoto and Daniel Leussink TOKYO (Reuters) -BYD’s Japanese mini-car will not go on sale until the end of next year, but it has already created buzz – at least among officials in Tokyo worried about the challenge from China’s biggest ...
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Barclays snaps up US loan firm Best Egg for $800 million

By Lawrence White and Iain Withers LONDON (Reuters) -Barclays will buy U.S. personal loan originator Best Egg for $800 million, the British bank said on Tuesday, as it tries to add scale in its personal banking business in the United States. The deal shows British lenders’ ...
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Analysis-Investors anticipate new wave of Argentine reforms after Milei’s midterm victory

By Rodrigo Campos and Libby George NEW YORK/LONDON (Reuters) -After riding a wave of market gains for most of the first two years of Argentine President Javier Milei’s government, investors expect him to turn his party’s redrawing of the electoral map into sweeping labor and ...
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Factbox-What’s on the agenda for US-Japan talks?

(Reuters) -U.S. President Donald Trump and Japan’s Prime Minister Sanae Takaichi are holding talks on security and trade in Tokyo on Tuesday, marking his first visit to Japan since 2019. The following issues are on the agenda: RARE EARTHS Trump and Takaichi signed ...
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Oil dips as OPEC output plans offset US-China trade optimism

(Reuters) -Oil prices slipped on Tuesday, extending falls from the two previous sessions, as pressure from plans by OPEC to boost output offset optimism over a potential U.S.-China trade deal. Brent crude futures fell 4 cents to $65.58 a barrel by 0106 GMT. U.S. West ...
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Dollar soft as traders brace for Trump-Xi, central bank meetings

By Ankur Banerjee SINGAPORE (Reuters) -The dollar was weaker on Tuesday ahead of a slate of central bank meetings that will likely see a rate cut in the U.S. and as investors kept a wary eye on President Donald Trump’s Asia tour, hoping for a ...
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