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Asia markets wobble toward Nvidia earnings test

By Tom Westbrook SINGAPORE (Reuters) -Asian markets struggled to make headway on Wednesday as a bout of nerves over AI valuations held back investors ahead of an earnings update from chip titan Nvidia. The tech-heavy Nasdaq fell 1.2% overnight, notching a second straight day of losses. ...
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Federal Reserve releases new guidance for bank oversight in move praised by industry

WASHINGTON (AP) - The Federal Reserve's top banking regulator on Tuesday released new guidelines for the agency's supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor. In a set of sweeping changes, the principles call for bank ...
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Energy Department loans $1B to help finance the restart of nuclear reactor on Three Mile Island

HARRISBURG, Pa. (AP) - The U.S. Department of Energy said Tuesday that it will loan $1 billion to help finance the restart of the nuclear power plant on Pennsylvania's Three Mile Island that is under contract to supply power to data centers for tech ...
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Celltrion to invest up to $478 million to expand US factory in response to tariffs

SEOUL (Reuters) -South Korean pharmaceutical company Celltrion said on Wednesday that it plans to invest up to 700 billion Korean won ($478.17 million) to expand capacity at its U.S. factory in response to U.S. tariffs and rising demand. ($1 = 1,463.9000 won)(Reporting by ...
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Mexico’s ASUR buys Motiva’s Latin American airports in $2.2 billion deal

By Luciana Magalhaes SAO PAULO (Reuters) -Mexico's Grupo Aeroportuario del Sureste (ASUR) signed a contract to buy the airport portfolio of Brazilian infrastructure operator Motiva for 11.5 billion reais ($2.16 billion), including net debt, Motiva said on Tuesday. Airport operator ASUR will pay 5 billion reais ...
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Foreign demand for US Treasuries slips in September, but Japan steps up buying

NEW YORK (Reuters) -Foreign holdings of U.S. Treasuries slipped in September, data from the Treasury Department showed on Tuesday, declining for the first time in six months. The Treasury finally released capital flows data after the federal government's 43-day shutdown. Data for October will be ...
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ANZ CEO says bank needs cultural change to fix ongoing mistakes

By Scott Murdoch SYDNEY (Reuters) -ANZ Group CEO Nuno Matos on Wednesday told lawmakers the embattled lender needed a cultural overhaul and to be accountable for its mistakes, as the bank faces ongoing pressure from Australian regulators. Matos said ANZ was too complex and had too ...
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Germany’s Merz under fire in Brazil for his comments on Amazon host city of COP30

SAO PAULO (AP) - Brazilian authorities on Tuesday railed against comments by Germany's Chancellor Friedrich Merz in which he appeared to look down on Belem, a city on the edge of the Amazon rainforest where the United Nations' Climate Summit is taking place. President Luiz ...
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WestJet Airlines CEO sees progress on Boeing 737 MAX 10 certification, rolls out non-US routes

By Allison Lampert (Reuters) -WestJet Airlines remains on track to take its first 737 MAX 10 jet by the end of 2026, following progress by Boeing in bringing the plane to market, as the Canadian carrier also adds new routes to South America and Europe, ...
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L3Harris to invest $400 million to expand solid rocket motor production in Arkansas

(Reuters) -Defense supplier L3Harris Technologies said on Tuesday it will invest $400 million in a new solid rocket motor production campus in Arkansas, marking one of the largest such expansions in the U.S. in decades. The new 110-acre campus at Camden, Arkansas will feature more ...
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Tesla receives permit to operate as a transportation network company in Arizona

(Reuters) -Tesla has received a permit to operate as a transportation network company in Arizona, the state's Department of Transportation said on Tuesday. The permit gives the Elon Musk-led company the ability to operate as a ride-hailing firm in the state after receiving a Vehicle ...
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Trading Day: Stock selloff snowballs, Japan wobbles

By Jamie McGeever ORLANDO, Florida (Reuters) -The tech-induced selloff across global stocks accelerated on Tuesday and soft U.S. labor market indicators also weighed on Wall Street, while fiscal worries in Japan helped drag Japanese stocks, bonds and the yen lower. More on that below. ...
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