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Nations meet to consider regulations to drive a green transition in shipping

The world’s largest maritime nations are gathering in London on Tuesday to consider adopting regulations that would move the shipping industry away from fossil fuels to slash emissions. If the deal is adopted, this will be the first time a global fee is imposed on ...
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Australian business activity holds steady in September, survey shows

SYDNEY (Reuters) -Australian business conditions remained steady in September as improvements in sales and profits were offset by a fall in employment, a survey showed on Tuesday. The survey from National Australia Bank showed its index of business conditions was unchanged at +8 last month. ...
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Australia central bank to be cautious, data dependent on future policy

SYDNEY, Oct 14 (Reuters) – Australia’s central bank saw no need for an immediate cut in interest rates at its September policy meeting given some stickiness in services inflation and steady employment, while future easing would be data dependent. Minutes of the meeting released on ...
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Dollar rebounds as fears of renewed US-China trade feud abate

By Rae Wee SINGAPORE (Reuters) -The dollar held steady on Tuesday as U.S. President Donald Trump’s watered down rhetoric against tariffs on China and a potential meeting with his Chinese counterpart raised hopes of de-escalation in tensions between the two economic heavyweights. Currency markets were calmer ...
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New Zealand’s central bank to ease home lending rules

By Lucy Craymer and Renju Jose WELLINGTON (Reuters) -New Zealand’s central bank on Tuesday said it planned to ease mortgage loan-to-value ratio (LVR) restrictions from December 1 as house prices are now with sustainable estimates after a sustained fall. “Easier LVR settings will give banks more ...
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JPMorgan says leveraged ETFs worsened Friday’s Wall St selloff

By Suzanne McGee (Reuters) -Large-scale selling of leveraged exchange-traded funds contributed significantly to Friday’s U.S. stock market rout, according to a report published late on Sunday by JPMorgan’s Americas equities derivatives strategy team. The report estimated that some $26 billion of selling from leveraged ETFs ...
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Honeywell expects record business jet deliveries over next decade

(Reuters) -Aerospace supplier Honeywell said on Monday it expects record deliveries of new business jets over the next decade, providing the latest sign that demand for private air travel, which surged during the COVID-19 pandemic, is holding up. Affluent travelers, who avoided scheduled flights in ...
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DHT says its fleet has no US links after China’s new port fee move

(Reuters) -Oil tanker operator DHT Holdings said on Monday that its fleet does not fall under the scope of China’s new special port fees targeting U.S.-linked vessels. China has imposed fees on U.S. ships that visit its ports, effective October 14, as a countermeasure to ...
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Brazil’s Gol plans restructuring proposal that would take it private

SAO PAULO (Reuters) -Brazilian airline Gol Linhas Aereas Inteligentes SA plans to go private as part of a corporate reorganization process, according to the voting bulletin for a November 4 shareholder meeting published on Monday. As part of the restructuring, Gol Linhas Aereas Inteligentes and ...
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Banks set to open earnings floodgate with Powell on tap

By Alden Bentley NEW YORK (Reuters) -TRADING DAY Making sense of the forces driving global markets Jamie McGeever is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what’s happening in markets. The biggest U.S. banks will report ...
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Rio Tinto’s third-quarter iron ore shipments rise 6% sequentially

(Reuters) -Rio Tinto reported a 6% sequential rise in third-quarter iron ore shipments on Tuesday, despite planned major maintenance activities and infrastructure works which will continue in the fourth quarter. The world’s biggest iron ore producer shipped 84.3 million tonnes (Mt) of the steel-making commodity ...
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New York Times, AP, Newsmax among news outlets who say they won’t sign new Pentagon rules

News organizations including The New York Times, The Associated Press and the conservative Newsmax television network said Monday they will not sign a Defense Department document about its new press rules, making it likely the Trump administration will evict their reporters from the Pentagon. Those ...
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