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France’s Veolia to buy hazardous waste group Clean Earth for $3 billion

(Corrects paragraph 2 to say 10% growth is expected over the guidance period, not per year) (Reuters) -French water management, waste management and energy services group Veolia said on Friday it had agreed to buy U.S.-based hazardous waste company Clean Earth for $3 billion. Veolia ...
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Analysis-Much-anticipated dollar hedging rush slows, for now

By Alun John and Naomi Rovnick LONDON (Reuters) -Just months after a U.S. tariff shock whacked the dollar, a rush by overseas investors to protect U.S. holdings from the sliding currency has slowed sharply - a vote of confidence that's helping the greenback recover from ...
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OpenAI and Taiwan’s Foxconn to partner in AI hardware design and manufacturing in the US

TAIPEI, Taiwan (AP) - OpenAI and Taiwan electronics giant Foxconn have agreed to a partnership to design and manufacture key equipment for artificial intelligence data centers in the U.S. as part of ambitious plans to fortify American AI infrastructure. Foxconn, which makes AI servers for ...
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Asian stocks track Wall Street’s drop, erasing previous day’s gains

MANILA, Philippines (AP) - Asian stocks on Friday tracked Wall Street's sharp drop in skittish trading, with the region's major benchmarks erasing the previous day's gains. U.S. futures were higher, while oil prices declined. Japan's Nikkei 225 fell 2.4% to 48,645.95 as worries persist about a ...
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Magna to produce China’s GAC electric vehicles in Europe

By Nora Eckert DETROIT (Reuters) -China's Guangzhou Automobile Group (GAC) will build its electric AION V model at a Magna facility in Austria, the two companies said on Thursday, a strategy that should help GAC avoid the EU's tariffs on China-made EVs. The GAC vehicle will ...
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Oil extends decline on possible Russia-Ukraine peace deal

By Helen Clark PERTH (Reuters) -Oil prices extended their decline for a third straight session on Friday as the U.S. pushed for a Russia-Ukraine peace deal that could bring more oil supplies onto the global market, while uncertainty over U.S. interest rate cuts curbed investor ...
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Dollar set for weekly gain as Fed cut bets recede; yen intervention eyed

By Rae Wee SINGAPORE (Reuters) -The dollar was on track for its best week in over a month on Friday as investors wagered the Federal Reserve is unlikely to cut rates next month, with the case for further easing made no clearer by a confounding ...
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Citigroup to replace CFO Mason with Gonzalo Luchetti, fold US retail into wealth division

By Tatiana Bautzer (Reuters) -Citigroup said on Thursday Chief Financial Officer Mark Mason will leave the role in March, to be replaced internally at the U.S. lender by Gonzalo Luchetti. Luchetti currently heads the U.S. retail division, one of Citigroup's five businesses. Once he becomes CFO, ...
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Asian stocks sink as US jobs fail to clear rate outlook, tech hammered

(Corrects typographical error in headline) By Stella Qiu SYDNEY (Reuters) -Asian shares extended a global rout on Friday as the much anticipated U.S. jobs data failed to provide clarity on interest rates, with investors returning to dumping riskier assets even after Nvidia's earnings dazzled. Japan's ...
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Samsung Elec names mobile chief co-CEO in return to traditional structure

By Heekyong Yang SEOUL (Reuters) -Samsung Electronics said on Friday it has named its mobile chief TM Roh as a new co-CEO and head of its device experience division, which oversees the company's mobile phone, TV and home appliance businesses. The appointment returns Samsung to ...
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Japan exports unexpectedly strong in October as US tariff impact slows

By Makiko Yamazaki and Leika Kihara TOKYO (Reuters) -Japan's exports rose more than expected in October for a second straight monthly gain, government data showed on Friday, underpinned by a milder fall in U.S.-bound shipments, resilient demand in other key markets and a weaker yen. ...
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EU trade chief eyes investment in Australian resources projects

By Melanie Burton MELBOURNE (Reuters) -EU Trade Commissioner Maros Sefcovic said on Friday he had discussed with Australia's Resources Minister Madeleine King how best to invest in Australian resources projects, through equity stakes, long-term off-take agreements or joint investments. Sefocvic spoke with King on Thursday as ...
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