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CBS postpones ’60 Minutes’ report on El Salvador’s CECOT prison
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Friday, October 10
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SRN News
Instant View: Trump threatens ‘massive increase’ in China tariffs
LONDON/NEW YORK (Reuters) -U.S. President Donald Trump on Friday said he is calculating a massive increase in tariffs on Chinese imports, adding there was no reason to meet with President Xi JinPing in two weeks as planned, triggering a sell-off in the dollar. China this ...
Friday, October 10
by
SRN News
Keystone XL pipeline could play part in tighter US-Canada ties, Carney says
OTTAWA (Reuters) -Reviving the proposed Keystone XL oil pipeline from Alberta to the U.S. could play a part in tightening U.S.-Canada energy cooperation, Prime Minister Mark Carney said on Friday. Carney raised the idea during a Tuesday meeting in the Oval Office with U.S. President ...
Friday, October 10
by
SRN News
Trump says no reason to meet China’s Xi, threatens tariffs in new rift
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump threatened to hike tariffs against China and cancel a planned meeting with President Xi Jinping, in a broadside against Beijing that sent markets and relations between the world’s largest economies into a spiral on Friday. Trump, due ...
Friday, October 10
by
SRN News
US to publish September CPI report this month despite government shutdown
WASHINGTON (Reuters) -The U.S. Bureau of Labor Statistics said on Friday it would publish September’s consumer inflation report on October 24 to assist the Social Security Administration determine the annual cost-of-living adjustment for 2026. But the collection, processing and publishing of other official economic data remained ...
Friday, October 10
by
SRN News
US SEC says India yet to serve summons to Adani executives in bribery indictment
(Reuters) -The U.S. Securities and Exchange Commission (SEC) said Indian authorities have not yet acted on its requests to serve summons and complaints to Adani Group executives over alleged securities fraud and a $265 million bribery scheme, a court filing showed on Friday. The case ...
Friday, October 10
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SRN News
Major US online retailers remove listings for millions of prohibited Chinese electronics
WASHINGTON (Reuters) -The chair of the Federal Communications Commission said on Friday that major U.S. online retail websites have removed millions of listings for prohibited Chinese electronics as part of a crackdown by the agency. FCC Chair Brendan Carr said in an interview that the ...
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Friday, October 10
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SRN News
Pemex overhauling multiple units at Deer Park, Texas, refinery, sources say
By Erwin Seba HOUSTON (Reuters) -Mexico’s national oil company Pemex completed the shutdown of multiple units at its 312,500-barrel-per-day Deer Park, Texas, refinery on Thursday to begin a multi-unit overhaul, people familiar with plant operations said. The refinery’s 270,000-bpd DU-2 crude distillation unit (CDU), the ...
Friday, October 10
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SRN News
Goldman Sachs expects copper price to remain in $10,000-$11,000/t price range in 2026/2027
(Reuters) -Copper prices are expected to stay in a range of $10,000-$11,000 per metric ton in 2026/2027 due to a market surplus, though the long-term outlook remains positive, Goldman Sachs said in a note on Friday. The bank noted three key factors that could limit ...
Friday, October 10
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ABC News
Consumer sentiment sours as government shutdown threatens economic damage
(NEW YORK) -- Consumer sentiment soured in October as a government shutdown threatens to weaken a wobbly economy beset by an uptick in inflation and a sharp slowdown of hiring, fresh data on Friday showed. The reading marked a decrease from the previous month but it ...
Friday, October 10
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SRN News
Explainer-How China’s new rare earth export controls work
By Lewis Jackson BEIJING (Reuters) -China has further tightened export restrictions on rare earths ahead of talks between Presidents Donald Trump and Xi Jinping at the end of the month. The country produces over 90% of the world’s processed rare earths and rare earth magnets and ...
Friday, October 10
by
SRN News
US consumer sentiment stable in October, labor market worries remain
WASHINGTON (Reuters) -U.S. consumer sentiment was steady in October, with households appearing to shrug off a partial shutdown of the government, though worries about the labor market and inflation lingered. The University of Michigan’s Surveys of Consumers on Friday said its Consumer Sentiment Index was ...
Friday, October 10
by
SRN News
Brazil to end savings reserve requirement for real estate funding
BRASILIA (Reuters) -Brazil’s government unveiled a new real estate funding model on Friday that will eliminate mandatory reserve requirements at the central bank tied to savings accounts starting in January 2027. Until then, banks will continue to allocate 65% of savings deposits to housing loans, ...
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