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South Korea companies to invest $150 billion in US, Yonhap says

SEOUL (Reuters) -South Korean companies will invest around $150 billion in the United States, Yonhap news agency reported on Tuesday, citing Ryu Jin, chairman of the business group Federation of Korean Industries.(Reporting by Joyce Lee; Editing by Leslie Adler) Brought to you ...
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Banco do Brasil urges legal action over social media posts on US sanctions

By Marcela Ayres BRASILIA (Reuters) -Banco do Brasil has asked Brazil’s solicitor general to act against false claims that allege it is poised to face sanctions by the U.S. government because one of its clients is a judge sanctioned under the U.S. Magnitsky Act, according to a ...
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LinkedIn deepens video ad push, taps more publishers and creators to spur growth

By Jaspreet Singh (Reuters) -LinkedIn is expanding its video advertising program, adding new publishers and creator-led shows to draw marketing dollars. The Microsoft-owned platform for professionals said on Monday that AT&T Business, IBM, SAP and ServiceNow will sponsor the debut season of four video programs as ...
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Mercosur, Canada to resume talks for free trade agreement, Brazil says

BRASILIA (Reuters) -Brazil’s Foreign Minister Mauro Vieira said on Monday that Canada and South America’s Mercosur bloc will resume negotiations for a free trade agreement. After a meeting with Canadian Trade Minister Maninder Sidhu in Brasilia, Vieira told journalists that the parties decided to resume ...
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Trading Day: Pivoting on Powell’s pivot

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Investors on Monday wound back some of Friday’s sharp market swings sparked by Fed Chair Jerome Powell’s dovish pivot, a reversal that saw the dollar spike higher, ...
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Brown-Forman’s finance boss Leanne Cunningham to retire next year

(Reuters) -Brown-Forman said on Monday its Chief Financial Officer Leanne Cunningham is set to retire in May next year. Cunningham has been with the Jack Daniel’s maker for three decades, serving various executive roles before being named CFO in 2021. The move comes as the company ...
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Chile regulator ups requirements to restart areas affected by copper mine collapse, document shows

SANTIAGO (Reuters) -Chile’s mining regulator Sernageomin has added requirements for Codelco to restart areas affected by a deadly collapse at its El Teniente copper mine in July, according to a Sernageomin document seen by Reuters on Monday. The company will now have to have a ...
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Norway wealth fund excludes Caterpillar and five Israeli banks

OSLO (Reuters) -Norway’s $2 trillion wealth fund, the world’s largest, said on Monday it has divested from U.S. construction equipment group Caterpillar as well as five Israeli banking groups on ethics grounds. The five banks are Hapoalim <POLI.TA>, Bank Leumi <LUMI.TA>, Mizrahi Tefahot Bank , ...
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Korean Air expected to announce order for about 100 Boeing airplanes, sources say

WASHINGTON (Reuters) -Korean Air is expected to announce an order on Monday for about 100 Boeing airplanes coinciding with the visit of South Korean President Lee Jae Myung to Washington, sources told Reuters. The order, the largest in the Korean air carrier’s history, is expected ...
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Kraft, other companies beat test lawsuit over ultra processed foods

By Diana Novak Jones (Reuters) -Kraft, Mondelez, Coca-Cola and several other major food companies have beaten a lawsuit accusing them of designing “ultra-processed” foods to be addictive to children, causing chronic disease, after a Pennsylvania federal judge dismissed the lawsuit, which was seen by legal ...
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Fed’s Logan sees room to lower reserves, expects uptick in SRF use next month

By Ann Saphir (Reuters) -Dallas Federal Reserve President Lorie Logan on Monday said she feels the U.S. central bank has more room to reduce its reserves, and she expects banks to turn to its standing repo facility next month to alleviate any liquidity pressures. “We could ...
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Trump says China has to give US magnets or face 200% tariff

(Reuters) -President Donald Trump told reporters on Monday that China has to give the United States magnets or “we have to charge them 200% tariff or something” amid a trade dispute between the two nations. China is increasingly sensitive about rare earths and its ...
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