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Elon Musk’s $1 trillion pay plan faces pushback from investors, state officials

(Reuters) -A group of Tesla shareholders including SOC Investment Group and several state officials urged investors to vote against Elon Musk’s $1 trillion pay package at the company’s November meeting, a regulatory filing showed on Thursday. In the letter to Tesla shareholders, the coalition – ...
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General Dynamics gets $1.25 billion IT contract to support US Army in Europe, Africa

(Reuters) -Defense giant General Dynamics’ information and technology unit had secured a $1.25 billion task order to support the U.S. Army in Europe and Africa, it said on Thursday, a week after announcing another $1.5 billion U.S. defense contract. The contract, awarded in September, ...
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Planemaker Embraer delivers 62 jets in Q3, up 5% from a year earlier

By Andre Romani SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Thursday it delivered 62 aircraft in the third quarter of 2025, about 5% higher than the 59 deliveries in the same period last year. The world’s third-largest planemaker delivered 20 commercial aircraft in the quarter, ...
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Boeing 777X to be delayed to 2027, Bloomberg News reports

(Reuters) -Boeing’s 777X jet is slated to start flying commercially in early 2027 instead of next year, Bloomberg News reported on Thursday, citing people familiar with the matter.  Deutsche Lufthansa AG, the launch customer for Boeing’s newest widebody aircraft, is already preparing for a setback ...
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Trading Day: AI, Fed bets sweep aside shutdown jitters

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Stock markets around the world leaped to new highs on Thursday, propelled by optimism around the AI boom and hopes for further U.S. interest rate cuts, as ...
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JBS returns to Paraguay with $70 million investment, including plant purchase

By Roberto Samora SAO PAULO (Reuters) -Brazilian meatpacker JBS on Thursday announced investments of $70 million in Paraguay over the next two years, including the acquisition of a chicken processing plant, according to a statement. The acquisition of Paraguayan chicken brand Pollos Amanecer, which owns a ...
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NTSB, FAA to probe crashes of two Amazon delivery drones

WASHINGTON (Reuters) -Two U.S. agencies said Thursday they will the collision of two Amazon Prime Air delivery drones into a crane in Tolleson, Arizona. The National Transportation Safety Board and Federal Aviation Administration both said they will investigate. Amazon said in November 2024 it had ...
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Chinese regulator tells S&P China to ‘rectify’ operations

HONG KONG (Reuters) -China’s securities regulator has issued a warning to S&P’s local subsidiary, telling it to “rectify” its operations and strengthen quality controls as authorities step up efforts to tighten oversight of the ratings industry. The Beijing Bureau of the China Securities Regulatory Commission ...
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Brazil poised to lead global robusta coffee farming on expansion potential, report says

By Marcelo Teixeira (Reuters) -Brazil is positioning itself to overtake Vietnam as the world’s largest robusta coffee producer, driven by the crop’s climate resilience and growing global demand, according to a report by Dutch bank Rabobank released on Thursday.  Robusta coffee production in Brazil has grown ...
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Expanded ties with countries hurt by US tariffs could bolster euro’s global role, ECB’s Villeroy says

FRANKFURT (Reuters) -Europe must act fast to bolster the global role of the euro as the window of opportunity to do so may soon close, and the bloc should seek greater ties with nations most affected by U.S. tariffs to help it achieve that, ...
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Argentina’s bonds wobble with eyes on US Bessent’s support pledge

By Rodrigo Campos and Libby George NEW YORK/LONDON (Reuters) -Argentina’s international dollar bonds zigzagged on Thursday after U.S. Treasury Secretary Scott Bessent said upcoming in-person discussions in Washington would “meaningfully advance” the country’s pledge of financial support for President Javier Milei’s government, but later said ...
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Average long-term US mortgage rate ticks up for second straight week, to 6.34%

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year. The average long-term mortgage rate rose this ...
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