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Alibaba mapping logs record for daily users on first day of China holiday

HONG KONG (Reuters) -Alibaba’s mapping app Amap recorded more than 360 million daily active users on the first day of China’s eight-day National Day holiday on Wednesday, setting an all-time high for the platform, the company said in a statement. Alibaba and rival Meituan have ...
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Dollar gains as Supreme Court allows Fed’s Cook to stay in job for now

By Gregor Stuart Hunter SINGAPORE (Reuters) -The U.S. dollar regained its footing in early Asian trading on Thursday after the U.S. Supreme Court said it would hear arguments in January over President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook, leaving her in ...
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Oil rebounds from 16-week lows on prospects of tighter Russian crude sanctions

By Yuka Obayashi TOKYO (Reuters) -Oil prices rose on Thursday, snapping a three-day losing streak and rebounding from 16-week lows on prospects of tighter sanctions on Russian crude, though expectations of higher supply from an OPEC+ output boost next month capped gains. Brent crude futures ...
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Australia trade surplus shrinks sharply as gold exports dive

SYDNEY (Reuters) -Australia’s surplus on goods trade shrank sharply in August as shipments of gold plunged after a run of strong months, data showed on Thursday, while imports were up across the board. The Australian Bureau of Statistics reported the surplus on goods fell to ...
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Tech leads Asia share rally, gold near record high on Fed rate cut bets

By Kevin Buckland TOKYO (Reuters) -Tech shares rallied on Thursday, driving Asia stock indexes higher, while gold hovered near a record high and the dollar languished as a weak U.S. labour market report bolstered bets for Federal Reserve interest rate cuts. The U.S. government shutdown made ...
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Mexico auto industry warns of complex outlook ahead of USMCA review

By Natalia Siniawski MEXICO CITY (Reuters) -Mexico’s auto industry warned of a “complex outlook” ahead of the 2026 review of the United States-Mexico-Canada Agreement (USMCA), with executives citing concerns over tighter rules of origin and scrutiny of Asian content in components. Speaking at the CIAN automotive ...
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Argentina’s Milei says US aid talks include debt purchases, profit-sharing

BUENOS AIRES (Reuters) -Argentina’s President Javier Milei said proposed U.S. financial support for Argentina could include purchases of the country’s debt in the secondary market and a profit-sharing arrangement. In an interview with local radio station Mitre, Milei said negotiations with the U.S. government are ...
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Exclusive-China, Malaysia in talks for rare earths refinery project, sources say

By Rozanna Latiff, Danial Azhar and Mei Mei Chu KUALA LUMPUR/BEIJING (Reuters) -China and Malaysia are in early talks for a project to process rare earths, with sovereign wealth fund Khazanah Nasional likely to partner with a Chinese state-owned firm to build a refinery in ...
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Allstate reshuffles leadership, names Mario Rizzo as COO

(Reuters) -Allstate on Wednesday named Mario Rizzo as chief operating officer, responsible for the property-liability and protection services businesses. Rizzo, who was previously president of property-liability, will be succeeded in that role by Chief Financial Officer Jess Merten, the insurer said. Merten will report to ...
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Hawaii real estate investor denies improper use of Shohei Ohtani’s likeness in lawsuit

HONOLULU (AP) — Lawyers for a Hawaii real estate investor and broker who sued Shohei Ohtani and his agent denied any improper use of the star’s likeness for a development project and alleged the agent was trying to deflect blame for cost overruns at ...
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Tyson Foods to pay $85 million in largest pork price-fixing settlement

By Jonathan Stempel (Reuters) -Tyson Foods agreed to pay $85 million to settle a lawsuit by consumers who accused the largest U.S. meat company of conspiring with rivals to inflate pork prices by limiting supply in the $20 billion U.S. market. The preliminary class action settlement ...
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Grindr names veteran executive John North as finance chief

(Reuters) -Dating app Grindr on Wednesday named John North as its finance chief, replacing Vanna Krantz. North stepped down as CEO of U.S. recreational vehicles retailer Lazydays Holdings last year. Krantz, in July, had said she would step down once a successor is named. She ...
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