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Analyst views on Japan PM Ishiba’s resignation

(Reuters) -Japanese Prime Minister Shigeru Ishiba said on Sunday he had decided to resign, ushering in a potentially lengthy period of policy paralysis at a shaky moment for the world’s fourth-largest economy. Ishiba, 68, instructed his Liberal Democratic Party – which has governed Japan for ...
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A longstanding tax on wealth is a central issue as prosperous Norway votes in a close election

STAVANGER, Norway (AP) — Prosperous Norway is holding an election on Monday with inequality high on the list of concerns and the future of a wealth tax that has endured for over a century in doubt. There is expected to be a close outcome between ...
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Volkswagen unveils compact electric SUV ahead of Munich car show

MUNICH (Reuters) – Volkswagen unveiled a concept for a new small electric SUV on Sunday as part of the automaker’s push to offer affordable battery-powered vehicles amid greater competition on cost and innovation, U.S. tariffs and shifting consumer demand. The ID.CROSS ...
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South Korea to bring home 300 workers detained in massive Hyundai plant raid in Georgia

SEOUL, South Korea (AP) — More than 300 South Korean workers detained following a massive immigration raid at a Hyundai plant in Georgia will be released and brought home, the South Korean government announced Sunday. Kang Hoon-sik, chief of staff for President Lee Jae Myung, ...
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Japan’s stressed bond market, stocks brace for PM Ishiba exit reaction

By Junko Fujita and Rae Wee TOKYO (Reuters) -Japan’s stressed government bond market and soaring stocks are set for more volatility on Monday after the resignation of fiscal hawk Prime Minister Shigeru Ishiba. Yields on super-long Japanese government bonds (JGBs) have already been hovering near record ...
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AI shakes up the call center industry, but some tasks are still better left to the humans

NEW YORK (AP) — Armen Kirakosian remembers the frustrations of his first job as a call center agent nearly 10 years ago: the aggravated customers, the constant searching through menus for information and the notes he had to physically write for each call he ...
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OPEC+ will likely agree to further oil output hike on Sunday, sources say

By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -Eight OPEC+ countries will likely raise oil output on Sunday but probably add less oil from October than in recent months as global demand might be slowing with the end of the driving season, OPEC+ ...
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US SEC closes investigation of Swedbank

(Reuters) -Swedbank on Saturday said that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the bank without enforcement. The investigation was initiated in 2019 and concerned Swedbank’s historic disclosures of information, the company said. In 2019, Swedbank admitted to failings in ...
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Factbox-And the next Fed chair is? Trump’s short list

(Reuters) -U.S. President Donald Trump is considering three finalists for Federal Reserve chair to replace Jerome Powell, whom Trump has criticized all year for not cutting rates as he has demanded. Treasury Secretary Scott Bessent, who is helping run the search, says the Fed’s “policymaking ...
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BMW will return to growth in China with new all-electric series, CFO says

By Christina Amann MUNICH (Reuters) -BMW is confident it can return to growth in its largest market China with the all-electric Neue Klasse series, a major overhaul of the company’s portfolio that was kick-started this week with the launch of its first model. “We are more ...
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Air Canada flight attendants wrap up voting on wage agreement

By Allison Lampert and Rajesh Kumar Singh MONTREAL/CHICAGO (Reuters) -Results of a vote by Air Canada flight attendants on a wage agreement are expected on Saturday, with more than a half dozen crew members telling Reuters they don’t expect the tentative deal to get approved. Negotiators ...
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How romance and a road trip led to the purchase of the world’s oldest drive-in theater

OREFIELD, Pa. (AP) — In a romance and adventure worthy of the big screen, a Pennsylvania couple is preserving the past and forging a future as the owners of the world’s oldest operating drive-in movie theater. Lauren McChesney got more than admission to a double ...
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