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South Korea ruling party to propose bill for US investment under tariff deal, report says

SEOUL (Reuters) -South Korea's ruling Democratic Party will propose a bill this week that would facilitate the country's investment in the U.S. under a deal that cuts tariffs on the country's exports, financial news service Money Today reported on Tuesday. The Democratic Party agreed with ...
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UK’s Domino’s Pizza CEO steps down as strategy shift takes shape

(Reuters) -Britain's Domino's Pizza said on Tuesday that CEO Andrew Rennie has stepped down, marking another senior departure as the company shifts strategy to tackle weak sales and rising costs. The chain, which operates under the umbrella of U.S.-based Domino's Pizza in the UK and ...
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Russia’s car market faces bleak 2026 as scrappage fees drive prices up

By Gleb Stolyarov (Reuters) -Russia's depressed car market has shown weak signs of recovery as 2025 draws to an end, but is set to hit near-record lows early next year as higher scrappage fees drive up prices, dealers and experts say. Far from signalling a genuine ...
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Meta in talks to spend billions on Google’s chips, The Information reports

(Reuters) -Facebook parent Meta is in discussions with Alphabet's Google to spend billions on using Google's AI chips in its data centers from 2027 and to rent chips from Google Cloud by next year, The Information reported on Monday. Google has pitched tensor processing ...
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Australian delivery workers set to gain minimum pay in landmark deal with Uber Eats, DoorDash

By Christine Chen SYDNEY (Reuters) -Australian food delivery workers are on course to gain minimum pay levels after Uber Eats and DoorDash struck a deal with the country's transport union that is being hailed as a world first. Under a draft agreement ...
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European car sales rise 4.9% in October, ACEA says

By Marleen Kaesebier (Reuters) -New car sales in Europe rose 4.9% in October as electric cars outpaced petrol and diesel registrations, European Automobile Manufacturers' Association data showed on Tuesday. WHY IT'S IMPORTANT The European car industry has taken a series of hits this year including U.S. President ...
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Asian shares advance after Wall Street gets a lift from hopes for a Fed rate cut

BANGKOK (AP) - Asian shares mostly gained on Tuesday after U.S. stocks rallied on hopes the Federal Reserve will cut interest rates soon. U.S. futures edged lower and oil prices also declined. Tokyo's Nikkei 225 was trading less than 0.1% higher, at 48,642.81, after reopening from ...
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Morning Bid: Flying blind on a dovish wing

A look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally spurred by the sudden shift in U.S. rate-cut wagers after dovish comments from policymakers may falter in Europe while currency markets remain wary that Tokyo could intervene to ...
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Exclusive-Nigeria’s Dangote picks Honeywell to help fulfill ambitious capacity expansion

By Utkarsh Shetti DUBAI (Reuters) -Nigeria's Dangote has tapped Honeywell to provide services and help double its refining capacity to 1.4 million barrels per day by 2028, in what is the clearest indication yet that its plans to become the world's largest petroleum refinery are ...
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Oil steadies as oversupply concerns vie with Ukraine talks for investor focus

(Reuters) -Oil prices were little changed on Tuesday after rising in the previous session as concerns supply will exceed demand next year outweighed worries Russian shipments will remain under sanctions as talks to end the Ukraine war remain inconclusive. Brent futures fell 17 cents, ...
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Asian stocks edge higher as US rate cut hopes rise

By Scott Murdoch SYDNEY (Reuters) -Asian share markets rallied on Tuesday as hopes grew the Federal Reserve will deliver a December interest rate cut, while investors piled into global technology stocks shrugging off concerns the sector was becoming overheated. MSCI's broadest index of Asia-Pacific shares outside ...
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Spotify to raise US prices in first quarter of next year, FT reports

(Reuters) -Spotify will raise its U.S. subscription prices in the first quarter of next year, the Financial Times reported on Monday, citing three people familiar with the matter. The Swedish streaming giant said in August it would raise prices to 11.99 euros ($13.82) per month ...
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