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Deere forecasts weak annual profit on tariff hit

(Reuters) -Deere & Co forecast an annual profit below estimates on Wednesday, pressured by tariff impacts and weaker margins from its large tractors, sending the farm-equipment maker's shares down 4% in premarket trading. CEO John May said ongoing margin pressures from tariffs would continue to ...
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German travel agency Dertour records US slump as politics hits demand

FRANKFURT (Reuters) -Dertour, Germany's leading provider of tours in North America, has recorded a double-digit percentage slump in bookings to the United States since President Donald Trump took office and does not expect demand to recover, said the firm's Germany head. "Unfortunately, this trend is ...
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NYC comptroller push to drop BlackRock creates test for Mamdani

By Ross Kerber (Reuters) -New York City Comptroller Brad Lander is urging city pension fund officials to rebid $42.3 billion managed by BlackRock over climate concerns, the first major move by a Democrat to counter pressure on financial companies from Republican allies of the fossil-fuel ...
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Japan manufacturers’ union to target $77 monthly base pay hike next year

TOKYO (Reuters) -A Japanese labour union group representing major manufacturers said on Wednesday that it would seek an increase of at least 12,000 yen ($77) in monthly base pay for next year, the same target as this year. The Japan Council of Metalworkers' Unions (JCM) ...
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RWE and Apollo Global Management close transaction for German power grid

(Reuters) -German power utility RWE and U.S. investor Apollo Global Management said on Wednesday that they successfully closed their partnership transaction for a joint venture to fund power grid upgrades in Germany. The new JV will help fund the expansion of the electricity transmission grid, ...
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Deutsche Bank raises 2026 gold price forecast to $4,450/oz

(Reuters) -Deutsche Bank raised its 2026 gold forecast to $4,450 an ounce from $4,000 on Wednesday, citing stabilising investor flows and persistent central bank demand. The bank now expects a $3,950-$4,950 range next year, with the top end about 14% above the current price ...
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Japan says consumer sentiment improving, keeping its view on ‘moderate’ economic recovery

By Satoshi Sugiyama TOKYO (Reuters) -Japan's government said consumer sentiment on the economy was recovering despite persistent inflation in a monthly report published on Wednesday. In its monthly economic assessment, the government reiterated a cautiously optimistic view that the world's fourth-largest economy is recovering moderately, ...
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Hyundai Motor to recall 143,472 US vehicles over rearview image issue, NHTSA says

(Reuters) -Hyundai Motor America is recalling 143,472 Santa Fe and Santa Fe Hybrid vehicles in the U.S. over rearview cameras which may not have been installed properly, the U.S. National Highway Traffic Safety Administration said on Wednesday. (Reporting by Dheeraj Kumar in Bengaluru; Editing ...
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Euro zone banks with dollar exposure need more buffers, ECB says

FRANKFURT (Reuters) -Euro zone lenders with big dollar businesses should bulk up their liquidity and capital cushions to withstand any squeeze in the U.S. currency, the European Central Bank said on Wednesday. The ECB has been telling banks to watch their dollar exposure since U.S. ...
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Tesla says it values China suppliers, does not exclude any by origin

SHANGHAI (Reuters) -A top Tesla China executive said on Wednesday the U.S. automaker values the role of China-based suppliers and does not exclude any on the basis of country of origin or geographical location. The remark by Grace Tao, on Chinese social media platform ...
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Trade unions in India stage nationwide protests against new labor codes

NEW DELHI (AP) - A coalition of 10 major Indian trade unions mounted nationwide protests Wednesday against the government's rollout of new labor codes, saying the sweeping changes were "deceptive fraud" against workers. Demonstrations were held in several parts of the country as unions representing ...
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As Russia pummels Ukraine’s energy systems, Kyiv hopes US gas will fill the gap

KYIV, Ukraine (AP) - The soil surrounding the gas facility in Ukraine was once pitch-black before it was burned to a rusty red by a massive Russian drone and missile assault. Scattered remnants of Shahed drones littered the reservoir designated for storing tanks of liquefied ...
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