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Trump, Takaichi agree on rare earth, critical minerals supply

By Katya Golubkova TOKYO (Reuters) -U.S. President Donald Trump and Japan Prime Minister Sanae Takaichi on Tuesday signed a framework agreement for securing the supply of critical minerals and rare earths through mining and processing, the White House said in a statement. The agreement was ...
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Sweden’s EQT bids to buy Australia’s AUB Group at a $3.41 billion valuation

(Reuters) -Australia’s AUB Group said on Tuesday it had granted Swedish private equity EQT exclusive access to its books after receiving a takeover offer which values the insurance broking company at A$5.25 billion ($3.41 billion).  Under the proposal, EQT is offering A$45 per AUB share, which ...
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Welltower boosts annual FFO forecast, unveils $23 billion senior housing expansion

(Reuters) -Welltower raised its 2025 funds from operations forecast on Monday and announced $23 billion in deals to deepen its bet on the booming senior-housing sector demand, while pivoting away from slower-growing medical-office assets. The real estate investment trust, which owns senior housing, outpatient medical ...
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Brown & Brown’s adjusted profit rises on fee and commission growth

(Reuters) -Insurance broker Brown & Brown posted a higher third-quarter adjusted profit on Monday, helped by stronger commissions and fees as demand continued to rise. Insurance spending has kept rising as businesses and individuals cut back elsewhere, driven by efforts to protect against climate-related disasters ...
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Analysis-As Trump-Xi trade talks near, investors turn to history as a guide

By Saqib Iqbal Ahmed and Yoruk Bahceli NEW YORK/LONDON (Reuters) -Investors are heading into this week’s trade talks between the U.S. and Chinese leaders with a sense of deja vu, excited by the proclamations of a truce and apprehensive the real deal may offer far ...
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Exonerated trader Tom Hayes sues UBS for $400 million over Libor accusations

By Jonathan Stempel (Reuters) -Tom Hayes, the former trader who was a face of the global Libor-rigging scandal before his conviction was overturned in July, sued his former employer UBS for more than $400 million, saying the Swiss bank cast him as the “evil mastermind” ...
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Trump administration narrows list of potential Federal Reserve chairs to 5

WASHINGTON (AP) — Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year. On an Air Force One flight to Asia with President Donald Trump, Bessent said he would ...
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Flight disruptions continue as air traffic controllers brace for their first full missing paychecks

A shortage of air traffic controllers caused more flight disruptions Monday around the country as controllers braced for their first full missing paycheck during the federal government shutdown. The Federal Aviation Administration reported staffing-related delays on Monday afternoon averaging about 20 minutes at the airport ...
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BUSINESS HEADLINES

For Japan’s new leader, the key to connecting with Trump could be a Ford F-150 truck TOKYO (AP) — President Donald Trump has landed in Japan, where he’ll meet new Prime Minister Sanae Takaichi for the first time. She’s a protege of late Prime Minister ...
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Rio Tinto flags uncertain future at Australia’s largest aluminium smelter

MELBOURNE (Reuters) -Rio Tinto warned on Tuesday that Australia’s largest aluminium smelter, Tomago, may be forced to shut down as it struggles to source power at commercially viable rates beyond 2028 when its current power deal expires. Tomago Aluminium is the biggest power user in ...
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Trump will meet Japan’s new prime minister and address US troops in next stop on Asia trip

TOKYO (AP) — President Donald Trump begins one of his busiest days of his Asia trip on Tuesday, meeting with the new Japanese prime minister, speaking to U.S. troops aboard an aircraft carrier and mingling with business leaders. Although Trump is visiting one of America’s ...
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Cadence forecasts fourth-quarter profit below estimates as US-China trade tensions weigh

(Reuters) -Cadence Design Systems forecast fourth-quarter profit just shy of market estimates on Monday, as Sino-U.S. trade tensions threaten to hurt demand for its chip design software from key market China. Uncertainty around China-U.S. trade relations has cast doubt over Cadences’ business in one of ...
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