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Analysis-After lull, Wall Street eyes volatility pickup as risks build

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Wall Street is set to close one of its calmest quarters in nearly six years, and the lull after a volatile start to 2025 has many market participants increasingly alert for renewed market gyrations. For the third quarter, the ...
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Germany’s top appeals court quashes verdict on VW dieselgate insurance settlement

FRANKFURT (Reuters) -Germany’s top appeals court quashed on Tuesday a lower court’s decision to back a settlement by Volkswagen over directors’ and officers’ liability insurance coverage in the so-called dieselgate case. The Federal Court of Justice said that the lower court would have to ...
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Kia America to recall over 39,500 vehicles in US over fire risks

(Reuters) -Kia America is recalling over 39,500 vehicles in the U.S. as the heating, ventilation, and air conditioning (HVAC) blower motor wiring harness may be inadequate causing fire risks, the U.S. National Highway Traffic Safety Administration said on Tuesday.(Reporting by Kanjyik Ghosh in ...
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Staying put in Vietnam, furniture exporters bet US consumers will absorb tariff blow

By Francesco Guarascio HANOI (Reuters) -Trayton Group signed a deal to relocate most of its furniture production to Vietnam from China the day after Donald Trump was re-elected as U.S. President. New U.S. tariffs would not change the strategy, its head told Reuters. The mid-sized manufacturer, ...
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Morning Bid: Bonfire of the vanities

A look at the day ahead in European and global markets from Rocky Swift With a U.S. government shutdown and the imposition of sweeping tariffs looming, President Donald Trump knew just what markets needed. More tariffs. In what’s becoming a regular ritual, Asian markets were the first ...
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Coty launches strategic review of consumer beauty unit

(Reuters) -Cosmetics maker Coty said on Tuesday it has launched a strategic review of its consumer beauty business following a recent tepid quarterly sales outlook and plans to more closely integrate its prestige beauty and mass fragrance segments. Coty’s review will focus on its $1.2 ...
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Pandora CEO to retire in 2026, will be replaced by marketing chief

COPENHAGEN (Reuters) -Danish jewellery maker Pandora’s said on Tuesday that CEO Alexander Lacik will retire in March of 2026 after seven years at the helm and will be succeeded by Chief Marketing Officer Berta de Pablos-Barbier. The incoming CEO was hired in November of 2024 ...
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Trump visa curbs push U.S. firms to consider shifting more work to India

By Sai Ishwarbharath B, Haripriya Suresh and Rishika Sadam BENGALURU/HYDERABAD (Reuters) -Donald Trump’s H-1B visa crackdown will hasten U.S. firms’ shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and ...
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Asian shares trade in a narrow range as traders brace for a possible US government shutdown

TOKYO (AP) — Asian shares were little changed in narrow trading Tuesday as investors braced for a possible U.S. government shutdown. Japan’s benchmark Nikkei 225 inched down less than 0.1% in morning trading to 45,023.48. China reported lackluster data on factory activity for September ...
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Boeing in early stages of developing 737 MAX replacement, WSJ reports

(Reuters) -Boeing is in the early stages of developing a new single-aisle airplane that would eventually replace the 737 MAX, the Wall Street Journal reported on Monday, citing people familiar with the matter. Earlier this year, CEO Kelly Ortberg met with officials from Rolls-Royce Holdings ...
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Asian shares, gold rise on US shutdown watch; crude falls

By Rocky Swift TOKYO (Reuters) -Shares in Asia edged higher and gold continued its record climb on Tuesday as markets weighed prospects for a U.S. government shutdown that would delay closely watched jobs figures. The Australian dollar held gains before a meeting by the Reserve Bank ...
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Trump sets 10% tariff on lumber imports, 25% on cabinets and furniture

By David Lawder and David Shepardson WASHINGTON (Reuters) -U.S. President Donald Trump said on Monday he was slapping 10% tariffs on imported timber and lumber and 25% duties on imported kitchen cabinets, bathroom vanities and upholstered furniture, with the rate on the latter categories to ...
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