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Backwater to breakout: Investors pivot to Australian small caps as blue-chip premiums bite

By Rajasik Mukherjee (Reuters) -Long overlooked as the backwater of the Australian equity market, small-cap stocks are having their best run in over a decade due to strong earnings and growth potential, as pricey blue-chip stocks have sent investors seeking value elsewhere, fund managers say. Powered ...
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Yen on back foot as Japan PM touts slow rate hikes, Aussie steady before jobs data

By Kevin Buckland TOKYO (Reuters) -The yen wallowed near a record low versus the euro and a nine-month trough to the dollar on Thursday after Japan's new premier said she wants the central bank to go slow on interest rate hikes. The Aussie dollar hovered near ...
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Most emerging nations can realign trade to weather US tariffs, report finds

By Libby George LONDON (Reuters) -Most big emerging economies, including China, Brazil and India, can weather U.S. tariffs without excessive pain, a study by risk consultancy Verisk Maplecroft showed, raising doubt about the clout of President Donald Trump's trade tools. The firm analysed the resilience of ...
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Waymo is hitting the highway. Here’s what to know about the robotaxi’s expanded service

SAN FRANCISCO (AP) - Waymo is hitting the highway. The company said starting Wednesday its robotaxis - already a common sight on some city streets - are expanding their routes to freeways and interstates around San Francisco, Los Angeles and Phoenix. And in the ...
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9 pitch-perfect holiday gifts for the music lovers in your life

Shopping for a music fan is no easy task. It seems like it should be: Know their favorite artists? Simply buy them an album on the physical medium of their choice. But how can you be certain they don't already own it? (Because let's ...
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US retail holiday job postings slump, Indeed says

By Arriana McLymore NEW YORK (Reuters) -Retail-related job postings, including hospitality, retail shops and food services, dropped 16% in October compared to last year, according to the Indeed Hiring Lab, a concerning sign for the spending outlook for the important holiday shopping season. The retail hiring ...
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US court temporarily blocks USDOT order to unwind Delta, Aeromexico joint venture

WASHINGTON (Reuters) -A U.S. appeals court late on Wednesday temporarily halted a Trump administration order to force Delta Air Lines and Aeromexico to unwind a joint venture by January 1. The airlines had sued to block the Transportation Department order to reverse the nearly ...
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EU aims to accelerate crackdown on cheap Chinese parcels, FT reports

(Reuters) -The European Union has called for a bloc-wide handling fee on small packages ordered online from platforms such as Shein, Temu and Alibaba to be imposed in early 2026, over two years earlier than scheduled, in a bid to crack down on billions ...
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Banco do Brasil cuts 2025 net income outlook as farmer defaults surge

By Fernando Cardoso SAO PAULO (Reuters) -Brazilian state-run lender Banco do Brasil on Wednesday lowered its outlook for adjusted net income this year, citing higher funding expenses and rising defaults among local farmers. The bank now expects annual net income of 18 billion to 21 billion ...
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Fishing lures. Pet toys. Art supplies. Advent calendars offer personalized ways to count down

Not so many years ago, a typical advent calendar was a basic cardboard box containing some chocolates or other candies behind little daily windows. Today, advent calendars have evolved into creatively designed collections that dispense items ranging from pet toys to soaps, fishing equipment to ...
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NY Fed’s Perli encourages use of Standing Repo Facility to deal with liquidity needs

By Michael S. Derby NEW YORK (Reuters) -The official responsible for implementing monetary policy at the Federal Reserve Bank of New York said Wednesday that firms that need to use the central bank's Standing Repo Facility should tap the tool when needed, adding that large-scale ...
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Chevron says it expects upside to current estimated oil resource in Guyana

By Sheila Dang HOUSTON (Reuters) -Chevron said on Wednesday it expects that a prolific oilfield in Guyana could hold more than the current estimate of 11 billion barrels of oil equivalent in recoverable resources. "When you think about 11 billion barrels, big fields getting bigger, although ...
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