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U.S. stock futures frozen by CME data center outage

By Johann M Cherian (Reuters) -U.S. stock index futures were frozen on Friday after an outage at CME Group brought trading in currencies, commodities and equities futures to a standstill around the world, leaving investors flying blind ahead of a shortened trading session. CME, the world's ...
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Swelling supply to keep oil prices under strain in 2026

By Anushree Mukherjee (Reuters) -Oil prices are projected to remain under pressure in 2026, as swelling supplies eclipse modest demand growth, while geopolitical risks could cap deeper losses, a Reuters poll showed on Friday. The survey of 35 economists and analysts forecast that Brent crude would ...
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Armani names new board to steer company through succession plan

FLORENCE, Italy (Reuters) -Italian luxury group Armani said on Friday it had appointed a new eight-member board, keeping three seats for representatives of the family and bringing in veteran industry executives Marco Bizzarri and John Hooks, and Milanese businessman Angelo Moratti. The enlarged board will ...
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World’s biggest jeweller Pandora braces for fierce Black Friday competition

By Helen Reid LONDON (Reuters) -Pandora, the world's biggest jewellery brand by volume, expects fierce competition this Black Friday as retailers fight to lure shoppers with discounts at a time of weak consumer confidence, its chief commercial officer said on Friday. Black Friday typically draws crowds, ...
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Uneven economy will drive investors’ Black Friday stock picking

By Sinéad Carew (Reuters) -As investors monitor crowd sizes at stores on Black Friday they will be shopping for a different kind of holiday deal: retailers that do well in a mixed economy characterized by high prices and limited shopping budgets. Along with retail powerhouse ...
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Chicago tenant groups call for eviction moratorium amid ICE raids

(The Center Square) - Chicago Ald. Byron Sigcho Lopez is pushing for an eviction moratorium while Immigration and Customs Enforcement agents remain in town. A state representative is pushing back. ...
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China’s BYD recalls 88,981 plug-in hybrids over power battery issues

BEIJING (Reuters) -Chinese electric vehicle maker BYD will immediately recall 88,981 plug-in hybrids over power battery-related safety hazards, the market regulator said on Friday. The affected Qin PLUS DM-i models produced between January 2021 and September 2023 "may have limited power output due to problems ...
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Crypto hoarding company shares under pressure as risk appetite wanes

By Shashwat Chauhan and Hannah Lang (Reuters) -Fresh turbulence in the crypto market is weighing on shares of companies that stockpile bitcoin and other tokens on their balance sheets, stoking concerns over stress in the niche but fast-growing sector. Buoyed by U.S. President Donald Trump's crypto-friendly ...
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Illinois tax proposals dampen decline in small business uncertainty index

(The Center Square) - Although the National Federation of Independent Business Uncertainty Index reached its lowest point of the year in October, small businesses in Illinois still face the prospect of higher taxes and red tape. ...
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Spain reports first African swine fever cases since 1994 in wild boar

MADRID (Reuters) -Spain has detected its first cases of African swine fever since 1994 after two wild boar found dead near Barcelona tested positive for the virus, the agriculture ministry said on Friday. The outbreak could threaten exports to China, with recent efforts by Madrid ...
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Europe, North America face early wave of bird flu cases

By Sybille de La Hamaide PARIS (Reuters) -An unusually early outbreak of bird flu cases affecting high numbers of wild birds and poultry farms across Europe and North America is raising concerns of a repeat of previous crises that led to mass culling and food ...
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‘Slow’ EU to unveil plan for cutting raw materials’ reliance on China

By Julia Payne BRUSSELS (Reuters) -The EU executive will unveil next week measures to cut the bloc's over-reliance on China for critical raw materials as Europe seeks to keep up with fierce global competition from the U.S. and Asia. Despite years of warning signs that the ...
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