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Trump’s crackdown on EVs hits home in the Battery Belt

By Nora Eckert STANTON, Tenn (Reuters) -Stanton, Tennessee – population 450 – welcomed a massive new neighbor a few years ago: a Ford electric-truck and joint venture battery plant slated to employ 6,000 workers. Ford’s 2022 groundbreaking triggered an influx of ...
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Analysis-Gold’s record run creates new rulebooks for investors

By Lucy Raitano, Naomi Rovnick and Amanda Cooper LONDON (Reuters) -Investors are testing well-established views about gold, which is surging to new records, as an AI-driven stocks rally and red-hot bitcoin force a rethink of what’s driving one of the ...
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Waller on interview for Fed chair: Went ‘great’

(Reuters) -Federal Reserve Governor Christopher Waller on Friday said his interview with Treasury Secretary Scott Bessent to be the next U.S. central bank chief went “great” and wasn’t at all political. Waller, seen as top contender to succeed Chair Jerome ...
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Burkina Faso rejects proposal to accept deportees from the US

DAKAR, Senegal (AP) — Burkina Faso says it has refused a proposal from the Trump administration to accept deportees from the United States. The West African country was asked whether it would accept non-citizens expelled by the U.S., in addition ...
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Morning Bid: Bubble, bubble toil and trouble

By Anna Szymanski LONDON (Reuters) -By Anna Szymanski, ROI Editor-in-Charge, and the ROI team  Hello Morning Bid readers!  Warnings about a stock market bubble grew louder this week, with the Bank of England, IMF and JPMorgan boss Jamie Dimon all expressing concern ...
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Abu Dhabi carrier Etihad launches direct flights to Kabul

ISLAMABAD (AP) — Abu Dhabi carrier Etihad said Friday it is launching flights to Kabul, making it the latest airline to offer direct routes to the Afghan capital. Etihad, which announced a record $476 million profit in 2024, said the ...
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Venture Global shares slide after BP wins arbitration case over LNG cargoes

(Reuters) -Venture Global shares slumped 17% in premarket trading on Friday after BP won its arbitration case against the U.S. supplier over its failure to deliver liquefied natural gas under a long-term supply deal that was due to start ...
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US stock index futures tick up ahead of consumer sentiment data

(Reuters) -U.S. stock index futures edged higher on Friday, signaling a rebound after a brief pause as investors refocused on AI-driven momentum that has steered markets this year, while awaiting consumer sentiment data for fresh clues on the economy. While ...
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Global equity fund inflows ease on caution over political risks, U.S. shutdown

(Reuters) -Global equity fund inflows cooled to a three-week-low in the week to October 8 as investors took a breather after the recent market rally amid risks surrounding the collapse of the French government and the ongoing government shutdown ...
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Investors seek economic clues from bank earnings amid data fog

By Lewis Krauskopf NEW YORK (Reuters) -Investors will look to major banks’ quarterly earnings reports in the coming week to help gauge the U.S. economy’s health as the federal government shutdown has interrupted the flow of new data. Despite an up-and-down ...
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Analysis-Spirit’s troubles expose limits of premium strategy for low-cost carriers

By Rajesh Kumar Singh and Doyinsola Oladipo CHICAGO/NEW YORK (Reuters) -Spirit Airlines’ financial troubles reveal that going upscale is not a panacea for the challenges facing low-cost carriers, which are grappling with mounting operating costs, changing customer preferences and stiff ...
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China’s state iron ore buyer offers BHP cargoes for sale amid ban fears

(Reuters) -Several cargoes of BHP iron ore were put up for sale in China on Thursday and at least one was sold to a local trader, potentially defusing concerns in Australia that Beijing had imposed a ban on iron ...
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