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Oil slips as market weighs end of US summer driving and India supply dilemma

By Sam Li and Siyi Liu (Reuters) -Oil prices fell on Thursday as investors weighed the outlook for U.S. fuel demand with the end of the summer driving season near, while assessing potential crude supply shifts as India faces punishing U.S. tariffs for importing Russian ...
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Dollar on defensive as September Fed cut bets ramp up

By Kevin Buckland TOKYO (Reuters) -The dollar started Thursday on the back foot as traders added to bets for a Federal Reserve interest rate reduction next month after New York Fed chief John Williams signaled a cut was possible. The U.S. currency has also come under ...
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Global airlines group proposes raising international pilot retirement age to 67

By Dan Catchpole SEATTLE (Reuters) -A group representing global airlines has asked the U.N.’s aviation agency to raise the international age limit for commercial pilots to 67 years from 65, saying worldwide demand for air travel is outstripping the supply of aviators. The U.N.’s International ...
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Japan trade negotiator Akazawa cancels US visit, Kyodo reports

TOKYO (Reuters) -Japan’s top trade negotiator Ryosei Akazawa canceled a planned visit to the United States as there are some points that need to be addressed at a working level before ministerial talks, Kyodo news agency reported on Thursday. Akazawa initially planned to visit the ...
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Lynas Rare Earths posts annual profit slump, launches $487 million capital raising

(Reuters) -Australia’s Lynas Rare Earths reported a worse-than-feared full-year profit on Thursday, hurt by depreciation costs from its Kalgoorlie and Mt Weld facility expansion, and warned that its Texas heavy processing plant may not move forward. Separately, the miner announced an A$750 million ($487.35 million) ...
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HP beats third-quarter revenue estimates on AI PC adoption, Windows 11 upgrade

By Jaspreet Singh (Reuters) -HP Inc beat Wall Street estimates for third-quarter revenue on Wednesday, driven by growing demand for artificial intelligence-powered personal computers and Windows 11 upgrade cycle. A strong PC refresh cycle is expected after Microsoft ends support for Windows 10 in October, as ...
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Qantas posts second-highest annual profit on robust travel demand

(Reuters) -Australian carrier Qantas Airways on Thursday posted its second-best annual underlying earnings and announced the highest full-year dividend payout in 17 years, as profits are bolstered by strong travel demand across its routes. Qantas, which has been striving to rebuild its reputation after a ...
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Australia’s South32 posts 75% rise in annual profit on alumina operations strength

(Reuters) -Australian diversified miner South32 reported a 75% surge in full-year profit on Thursday, boosted by higher prices for its key commodities and strong performance at its alumina operations. A 45% rise in alumina prices helped lift operating earnings of the division by $714 million ...
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Australia’s NAB appoints Inder Singh as CFO

(Reuters) -National Australia Bank appointed Inder Singh as is group chief financial officer on Thursday, effective March 2026. Singh joins the country’s biggest business lender from QBE Insurance, where he served as finance chief since 2018. Singh has more than 20 years of experience in financial ...
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Wesfarmers annual profit rises on retail strength, announces $1.1 billion capital return

(Reuters) -Wesfarmers, Australia’s biggest non-food retailer, reported a near 4% rise in its annual profit on Thursday, driven by strong performances in its retail divisions, and announced an additional A$1.7 billion ($1.10 billion) capital return. The company’s hardware unit Bunnings and its budget department store ...
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Brazil soy farmers, Bayer clash over seed ‘breeding incentives’

By Ana Mano SAO PAULO (Reuters) -An association representing soybean farmers nationwide asked Brazil’s antitrust watchdog to formally complete a pending review of a case challenging the legality of “breeding incentives” offered by one biotechnology company to its commercial partners. According to a public complaint lodged ...
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NTSB says B-52 bomber nearly hit two different planes in North Dakota last month

Shortly after an airliner made an aggressive maneuver to avoid colliding with a B-52 last month over North Dakota, the bomber nearly collided with a small private plane as it flew past the Minot airport, according to the National Transportation Safety Board. Investigators released their ...
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