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Asian shares retreat after worries over bank lending pull Wall Street lower

MANILA, Philippines (AP) — Asian shares skidded Friday following a retreat on Wall Street driven by concerns over banks’ loan portfolios. U.S. futures and oil prices also fell, while the price of gold climbed to over $4,383 an ounce as Washington and Beijing swapped ...
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Tariff rollercoaster prompts Chinese exporters to ‘give up’ on US

By Casey Hall and David Kirton SHANGHAI/GUANGZHOU (Reuters) -Amid the chaos of erratic U.S. tariff announcements, Chinese exporters making everything from kitchen appliances to Halloween decorations have responded by selling more goods to buyers in Europe, Latin America, the Middle East and Africa. Jacky Ren, whose ...
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Take Five: Who started it? 

LONDON (Reuters) -The U.S. government shutdown extends into another week, earnings season is in full swing, U.S./China trade tensions are tense and there’s plenty of data to mull over. Japan’s parliament meanwhile may vote on a new prime minister and Bolivia holds a key election. Here’s ...
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After winning Trump’s $20 billion, President Milei must win votes as Argentine industry reels

BUENOS AIRES, Argentina (AP) — The factory floor used to roar. Walking around his textile mill in southern Buenos Aires, Luciano Galfione pointed out the up-to-the-minute machines that once whirred and clattered as 200 employees churned out fabric to be transformed into athleisure and ...
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Novo Nordisk shares fall 5.6% after Trump vows weight-loss drug price cut

COPENHAGEN (Reuters) -Novo Nordisk’s shares fell 5.6% in early trade on Friday after U.S. President Donald Trump said on Thursday that the price of the Danish drugmaker’s best-selling weight-loss drug would be lowered. Trump made the comments during a White House event on fertility treatments and ...
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Coca-Cola considers $1 billion IPO of Indian bottling unit, Bloomberg News reports

(Reuters) -Coca-Cola is considering taking its Indian bottling unit public in a deal that may fetch $1 billion, Bloomberg News reported on Friday, citing people familiar with the matter. The company has met with bankers to discuss listing Hindustan Coca-Cola Beverages, the report said, adding ...
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Ford to recall nearly 625,000 US vehicles over camera display, seatbelt issues

(Reuters) -Ford is recalling nearly 625,000 vehicles in the U.S. due to seatbelt and rear-view camera display problems, the U.S. National Highway Traffic Safety Administration said on Friday. The seatbelt recall affects 332,778 Ford Mustang vehicles, while the camera display issue recall covers 291,901 F-250, ...
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BYD makes largest recall of over 115,000 cars due to design, battery issues

BEIJING (Reuters) -Chinese car maker BYD will make its largest recall yet of more than 115,000 Tang series and Yuan Pro vehicles produced between 2015 and 2022 due to design defects and battery-related safety risks, China’s market regulator said on Friday. BYD has filed a ...
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Analysis-AI boom rippling across to Britain’s pound, Swedish crown

By Joice Alves LONDON (Reuters) -The boom in investment in artificial intelligence is starting to be felt for the first time in currency markets across Europe, and analysts reckon the Swedish crown and sterling stand to benefit the most. Trading in the almost $10 trillion-a-day FX ...
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Big Tech is paying millions to train teachers on AI, in a push to bring chatbots into classrooms

SAN ANTONIO (AP) — On a scorching hot Saturday in San Antonio, dozens of teachers traded a day off for a glimpse of the future. The topic of the day’s workshop: enhancing instruction with artificial intelligence. After marveling as AI graded classwork instantly and turned ...
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Diesel brand owner OTB is positive on China and in no rush to IPO

By Casey Hall SHANGHAI (Reuters) -OTB Group, the parent of Italian denim specialist Diesel and owner of luxury brands including Maison Margiela, is positive on the Chinese market and is investing more in it, founder and chairman Renzo Rosso said. Rosso, in China to mark Diesel’s ...
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Indian refiners buy first Guyanese oil from Exxon, sources say

NEW DELHI/SINGAPORE (Reuters) -Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil to be delivered at end-2025 or in early 2026, in their first imports from the South American producer, trade sources said on Friday. Indian Oil ...
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