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US strikes another alleged drug vessel in Caribbean Sea

(WASHINGTON) -- The United States has carried out another strike against an alleged drug vessel, Defense Secretary Pete Hegseth announced on Friday."Overnight, at the direction of President Trump, the Department of War carried out a lethal kinetic strike on ...
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Brussels to host EU-China talks on rare earth export controls

BRUSSELS (Reuters) -European Union and Chinese officials will meet in Brussels next week looking to smooth trade tensions, notably China’s expansion of controls on rare earth exports that threaten to damage important EU manufacturing sectors such as the automotive ...
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Baker CEO says 2025 resilience driven by AI growth, sees oil investment slowdown

By Arunima Kumar (Reuters) -Baker Hughes CEO Lorenzo Simonelli said on Friday the global macro environment remains resilient through 2025, despite geopolitical and policy headwinds, supported by the rapid deployment of generative artificial intelligence driving power demand and industrial activity. Simonelli ...
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Factbox-Legal battles mount over Trump’s National Guard deployments to U.S. cities

(Reuters) -In a rare use of the U.S. military for domestic purposes, President Donald Trump has deployed National Guard troops to Los Angeles and Washington, D.C, and announced plans to send them to Portland, Chicago, and other cities in ...
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Eli Lilly to buy gene therapy developer Adverum in about $262 million deal

(Reuters) -Eli Lilly said on Friday it would acquire gene therapy developer Adverum Biotechnologies in a deal valued at up to $261.7 million, aiming to strengthen its pipeline with an experimental eye disease treatment. The deal will give Lilly access ...
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JPMorgan names BofA veteran chair of investment banking and M&A, memo shows

(Reuters) -JPMorgan Chase has appointed Bank of America executive Kevin Brunner as the global chair of investment banking and M&A, according to an internal memo seen by Reuters on Friday. The largest U.S. lender by assets has been bolstering ...
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BP reports power restored after outage at 440,000-bpd refinery in Whiting, Indiana

By Nicole Jao NEW YORK (Reuters) -BP said on Friday power had been restored at its 440,000 barrel-per-day oil refinery in Whiting, Indiana, after an external power outage prompted a temporary evacuation at the plant. “We activated our emergency response team ...
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JPMorgan poaches investment bankers from Goldman, Deutsche in expansion of business services group

By Sabrina Valle NEW YORK (Reuters) -JPMorgan Chase & Co has poached three senior investment bankers from Deutsche Bank and Goldman Sachs to expand the M&A team that caters to the business services sector – and isn’t done yet – in ...
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US business activity regains speed in October; sentiment deteriorates

By Lucia Mutikani WASHINGTON (Reuters) -U.S. business activity picked up in October, but a deterioration in the economic outlook blamed on the Trump administration’s protectionist trade policy limited job gains and companies were sitting on piles of unsold goods amid ...
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Tropical Storm Melissa to strengthen into major hurricane: Latest forecast

(NEW YORK) -- Tropical Storm Melissa is expected to intensify into a major hurricane this weekend and bring catastrophic flash flooding and landslides to parts of the Dominican Republic, Haiti and Jamaica.Here’s the latest forecast:Hurricane conditions are expected to ...
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Procter & Gamble fiscal 1Q results top Street, sees less of an impact from tariffs for fiscal 2026

Procter & Gamble fiscal first-quarter performance managed to top Wall Street’s view and the consumer products maker now foresees less of an impact from tariffs for fiscal 2026. Shares of the maker of products such as Crest toothpaste, Tide detergent ...
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US House Democrats push USDA to fund food benefits as shutdown continues

By Leah Douglas WASHINGTON (Reuters) -More than 200 Democrats in the U.S. House of Representatives told the Agriculture Department on Friday it should draw on its emergency reserves to fund November food benefits, which are compromised by the ongoing federal ...
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