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Arrow Electronics says that US trade curbs on its Chinese affiliates are being reversed 

By Karen Freifeld (Reuters) -U.S.-based electronic components distributor Arrow Electronics said on Saturday the U.S. government was reversing trade restrictions placed on Arrow’s China-based affiliates for facilitating the sale of U.S. components found in weaponized drones used by Iran-backed groups like the Houthis. Arrow (China) Electronics ...
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Nvidia CEO Jensen Huang to attend APEC CEO Summit in South Korea

SEOUL (Reuters) -NVIDIA CEO Jensen Huang plans to meet “global leaders and top Korean executives” when he attends the Asia-Pacific Economic Cooperation CEO Summit in South Korea this month, the U.S. AI chipmaker said in a statement on Sunday. “Huang will participate in activities ...
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China’s ruling Communist Party meets to map out plans for the next 5 years

HONG KONG (AP) — One of China’s most important meetings begins Monday, as leader Xi Jinping and other ruling Communist Party elites gather in Beijing to map out the goals for the next five years. The closed-door gathering — known as the fourth plenum — ...
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US-China trade war clouds global economic outlook as ‘new normal’ emerges

By David Lawder, David Milliken and Andrea Shalal WASHINGTON (Reuters) -International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to the cascade of policy shocks through the first nine months of Donald Trump’s second U.S. ...
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Global film industry shrugs off renewed Trump movie tariff threat

By Paul Sandle, Michael Kahn, Byron Kaye and Dawn Chmielewski LONDON/PRAGUE/SYDNEY/LOS ANGELES (Reuters) -“Star Wars: Starfighter” is filming in Britain, soundstages in Hungary are packed and post-production houses in Australia are humming, as the global film industry keeps rolling despite U.S. President Donald Trump’s renewed ...
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Nexperia China unit asserts its independence as tensions with the Netherlands run high

By Che Pan and Brenda Goh BEIJING (Reuters) -Nexperia’s China unit has respected Chinese laws and has the right to operate independently, it said on Saturday, a day after the Netherlands said talks had begun to try to ease tensions over export controls. As Nexperia ...
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Paramount Skydance to cut 2,000 US jobs starting week of October 27, Variety reports

(Reuters) -Paramount Skydance will begin mass layoffs the week of October 27, eliminating around 2,000 U.S. jobs as part of a $2 billion cost-cutting plan under new CEO David Ellison, Variety reported on Saturday. The layoffs follow the $8.4 billion merger between Skydance Media and ...
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Kering nears $4 billion sale of beauty unit to L’Oreal, WSJ reports

(Reuters) -Kering is in advanced talks to sell its beauty division to L’Oreal for about $4 billion, the Wall Street Journal reported on Saturday, citing people familiar with the matter. Reuters could not immediately verify the report. (Reporting by Rajveer Singh Pardesi in Bengaluru; Editing ...
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US court orders spyware company NSO to stop targeting WhatsApp, reduces damages

By Raphael Satter WASHINGTON (Reuters) -A U.S. court has ordered Israel’s NSO Group to stop targeting Meta Platforms’ WhatsApp messaging service, a development the spyware company warned could put it out of business. In a 25-page ruling handed down Friday, U.S. District Court Judge Phyllis Hamilton ...
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Shutdown impact: What it means for workers, federal programs and the economy

WASHINGTON (AP) — The federal government shutdown is quickly approaching the second longest on record with no end in sight. Some lawmakers are predicting it could become the longest, surpassing the 35 days from President Donald Trump’s first term. The Trump administration is using the ...
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Samsung Electronics family to sell $1.2 billion stake amid share rally

SEOUL (Reuters) -The mother and two sisters of Samsung Electronics Chairman Jay Y. Lee plan to sell some 1.73 trillion won ($1.22 billion) worth of shares in the South Korean tech firm, the company said in a regulatory filing. The purpose of the sale of ...
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EV supply chain data firm Benchmark Mineral trims workforce, sources say

(Reuters) -Benchmark Mineral Intelligence, a UK-based pricing and data research firm for energy transition minerals, has cut at least a fifth of its workforce in recent weeks, said three people familiar with the company. The 11-year-old firm had been rapidly expanding over the last couple ...
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