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Ground stop alert issued for Austin airport due to staffing, US FAA says

WASHINGTON (Reuters) -A ground stop alert was issued for the Austin-Bergstrom International Airport in Austin, Texas, due to staffing, a U.S. Federal Aviation advisory noted late on Monday. The ground stop was expected to stay in effect from 0101 GMT ...
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Exclusive-Spain the frontrunner for Chinese carmaker BYD’s third European plant, sources say

(Reuters) -China’s No. 1 automaker BYD considers Spain to be its top candidate for a third car factory to serve the European market, two people briefed on the matter told Reuters, as the company seeks to grow sales on the ...
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Oil edges up as US-China de-escalate trade tensions

By Anjana Anil (Reuters) -Oil prices rose on Tuesday as early signs of a thaw in U.S.-China trade tensions bolstered market sentiment, alleviating concerns over global fuel demand. U.S. Treasury Secretary Scott Bessent said on Monday President Donald Trump remains committed ...
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Asian markets struggle for gains as Wall Street recovers

By Gregor Stuart Hunter SINGAPORE (Reuters) -Asian stocks made a tentative rebound in early trade on Tuesday, with an uneven recovery taking place across regional equity markets after signs that trade negotiations between the U.S. and China remain on track. MSCI’s ...
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Nations meet to consider regulations to drive a green transition in shipping

The world’s largest maritime nations are gathering in London on Tuesday to consider adopting regulations that would move the shipping industry away from fossil fuels to slash emissions. If the deal is adopted, this will be the first time a ...
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Australian business activity holds steady in September, survey shows

SYDNEY (Reuters) -Australian business conditions remained steady in September as improvements in sales and profits were offset by a fall in employment, a survey showed on Tuesday. The survey from National Australia Bank showed its index of business conditions was ...
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Australia central bank to be cautious, data dependent on future policy

SYDNEY, Oct 14 (Reuters) – Australia’s central bank saw no need for an immediate cut in interest rates at its September policy meeting given some stickiness in services inflation and steady employment, while future easing would be data dependent. Minutes ...
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Dollar rebounds as fears of renewed US-China trade feud abate

By Rae Wee SINGAPORE (Reuters) -The dollar held steady on Tuesday as U.S. President Donald Trump’s watered down rhetoric against tariffs on China and a potential meeting with his Chinese counterpart raised hopes of de-escalation in tensions between the two ...
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California’s Newsom signs a reparations study law but vetoes other racial justice proposals

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom delivered a mixed bag Monday for proponents of bills aimed at addressing the state’s legacy of racist and discriminatory policies against Black Americans. He signed a law authorizing $6 million for California ...
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China and the US have long collaborated in ‘open research.’ Some in Congress say that must change

WASHINGTON (AP) — For many years, American and Chinese scholars worked shoulder to shoulder on cutting-edge technologies through open research, where findings are freely shared and accessible to all. But that openness, a long-standing practice celebrated for advancing knowledge, ...
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New Zealand’s central bank to ease home lending rules

By Lucy Craymer and Renju Jose WELLINGTON (Reuters) -New Zealand’s central bank on Tuesday said it planned to ease mortgage loan-to-value ratio (LVR) restrictions from December 1 as house prices are now with sustainable estimates after a sustained fall. “Easier LVR ...
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JPMorgan says leveraged ETFs worsened Friday’s Wall St selloff

By Suzanne McGee (Reuters) -Large-scale selling of leveraged exchange-traded funds contributed significantly to Friday’s U.S. stock market rout, according to a report published late on Sunday by JPMorgan’s Americas equities derivatives strategy team. The report estimated that some $26 billion of ...
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