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Wall St futures steady, chip stocks slip on China sales deal

(Reuters) -U.S. stock index futures were little changed on Monday as investors geared up for a busy week, while major chip companies seemed caught in the middle of the latest twist in trade policy ahead of a key tariff deadline with China. Semiconductor giant Nvidia ...
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The airline industry’s dirty secret: Clean jet fuel failures

By Joanna Plucinska, Joe Brock, Marleen Kaesebier and Paul Carsten PARAMOUNT, California (Reuters) -In 2019, Scott Kirby, the chief executive of United Airlines, hailed its new contract with green jet fuel producer World Energy as an example for the aviation industry to follow in its ...
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TSX futures rise amid US-Russia meet, trade talks; key data in focus

(Reuters) -Futures tied to Canada’s main stock index edged up on Monday, mirroring Wall Street peers, as investors shifted their attention to the week’s upcoming U.S.-Russia talks, trade negotiations and pivotal U.S. inflation data. Futures on the S&P/TSX index rose 0.17% by 05:34 a.m. ...
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Mercedes CEO calls for ‘reality check’, slamming EU combustion engine ban

BERLIN (Reuters) -The CEO of Mercedes-Benz criticised the European Union’s plan to ban CO2-emitting vehicles from 2035 in a media interview on Monday, joining a chorus of voices calling the target into question as it comes up for review this year. The ban, which supporters ...
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India estimates about 55% of goods exported to US will face Trump tariff

MUMBAI (Reuters) -About 55% of India’s merchandise exports to the United States will be subject to the tariff imposed by President Donald Trump’s administration, the Indian government said on Monday. Last week, Trump imposed an additional 25% tariff on Indian goods as punishment for Delhi’s ...
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In India, Trump’s tariffs spark calls to boycott American goods

By Aditya Kalra NEW DELHI (Reuters) -From McDonald’s and Coca-Cola to Amazon and Apple, U.S.-based multinationals are facing calls for a boycott in India as business executives and Prime Minister Narendra Modi’s supporters stoke anti-American sentiment to protest against U.S. tariffs. India, the world’s most populous ...
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“Long Magnificent 7” once again world’s most crowded trade, BofA survey finds

LONDON (Reuters) -Owning big U.S. tech stocks is once again the most popular trade, according to BofA’s monthly fund manager survey, as upbeat earnings and improved sentiment towards the global economy send investors back into stocks. 45% of the 169 participants in August’s survey, ...
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Leaders of Indonesia and Peru hold talks on trade and economic ties

JAKARTA, Indonesia (AP) — Peruvian President Dina Boluarte met his Indonesian counterpart Prabowo Subianto on Monday during a visit aimed at strengthening economic ties as the two countries for new markets amid geopolitical challenges and rising trade barriers. The signing came just four days after ...
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Denmark’s Orsted plans to raise $9.4 billion in rights issue

STOCKHOLM (Reuters) -Danish wind farm developer Orsted said on Monday it plans a 60 billion crowns ($9.4 billion) rights issue with support from the Danish state, citing adverse development in the U.S. offshore wind market. Orsted said in a statement it had as ...
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Morning Bid: Nikkei looks to rejoin the all-time high club

A look at the day ahead in European and global markets from Wayne Cole. It’s been a quiet start to the week, what with Japan on holiday and President Trump busy playing golf. Notably Nikkei futures traded in Chicago are just a whisker from all-time ...
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Debt market jitters signal caution for high-flying stocks

By Naomi Rovnick LONDON (Reuters) -Investors are backing out of or taking active bets against high-priced corporate credit, where they anticipate a correction in response to signs of slowing economic growth that could eventually impact stocks. In interviews and client research, global asset managers and ...
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Western Union to acquire Intermex for about $500 million

(Reuters) -Money transfer company Western Union said on Sunday it will acquire Intermex, a U.S. firm that focuses on payment transfers to Latin America and the Caribbean, for about $500 million in cash. Western Union will pay $16 for each Intermex share, representing a premium ...
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