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Argentina’s Milei calls on moderates to support reform after strong midterm showing

By Lucila Sigal BUENOS AIRES (Reuters) -Argentine President Javier Milei on Monday urged moderate opposition lawmakers to back his reform agenda during the next two years of his term, after his party cruised to victory in midterm legislative elections, sending local markets soaring. Milei’s La Libertad ...
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Big rates market trade envisions end of Fed balance sheet unwind

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) -A sizable block trade in the U.S. rates market late last week appeared to be positioning ahead of the Federal Reserve’s expected announcement to finally end its long-running balance sheet reduction program, known as quantitative tightening ...
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UBS files application for US banking licence, eyeing growth

ZURICH (Reuters) -UBS has filed an application for a national banking licence in the United States, the Swiss bank said on Monday, underlining its growth ambition for the U.S. market. In a memo to UBS staff seen by Reuters, Rob Karofsky, the president of UBS ...
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More than 1,400 flights delayed as government shutdown hits Day 27

WASHINGTON (Reuters) -More than 1,400 flights were delayed on Monday after more than 8,600 late flights Sunday as air traffic controller absences continue to disrupt travel and a federal government shutdown reached its 27th day. The Federal Aviation Administration said Monday that air traffic controller ...
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Berkshire cut to ‘underperform’ by KBW, which cites Geico, tariffs, Buffett

By Jonathan Stempel (Reuters) -Berkshire Hathaway has been downgraded to “underperform” by Keefe, Bruyette & Woods, which said lower car insurance margins, tariffs, falling interest rates, smaller clean energy tax credits and Warren Buffett’s departure will weigh on its share price. KBW analyst Meyer Shields, who ...
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Goldman in talks for $10 billion mandate from Kuwait, Bloomberg News reports

(Reuters) -Goldman Sachs is in talks to secure a $10 billion mandate from Kuwait’s wealth fund for its asset-management arm, Bloomberg News reported on Monday. The firm has been in talks with the Kuwait Investment Authority (KIA) to receive the money over the coming years ...
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TSX opens flat as US-China trade hopes offset precious metals slump

(Reuters) – Canada’s main stock index opened flat on Monday with sliding precious metals prices offsetting potential gains from improving U.S.-China trade relations. At 9:31 a.m. ET (1331 GMT), Toronto’s S&P/TSX composite index was down 0.07% at 30,329.54 points.(Reporting by ...
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Cross Country greeted students this morning at Edison. Thank you for coming!! #MAC185 #edisonbombers #thankyou #rolemode…

Cross Country greeted students this morning at Edison. Thank you for coming!! #MAC185 #edisonbombers #thankyou #rolemodels
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Many US criticisms of multilateral trading system are valid, says WTO chief

BERLIN (Reuters) -WTO Director-General Ngozi Okonjo-Iweala said on Monday that some of the United States’ criticisms of the multilateral trading system were valid. “I think that a lot of the criticisms made by the US of the system are valid, I share them,” Okonjo-Iweala said ...
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Indiana Gov. Mike Braun announces special session that will include considering redrawing congressional map

(INDIANAPOLIS) -- Indiana Republican Gov. Mike Braun announced on Monday that he will call for a special legislative session to begin next week that will include considering redrawing Indiana's congressional map -- drawing the state more deeply into the mid-cycle redistricting battle occurring across ...
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Indiana Gov. Mike Braun calls a special session to redraw the state’s congressional boundaries

Indiana Republican Gov. Mike Braun called Monday for state lawmakers to return to Indianapolis for a special session to redraw the state’s congressional boundaries, escalating a national fight over redistricting. President Donald Trump has ramped up pressure on Republican governors to draw up new maps. ...
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Trump in Japan, where he’ll meet new Prime Minister Takaichi; later with China’s President

President Trump is now in Japan for his first meeting with Prime Minister Sanae Takaichi. The meeting is an early diplomatic test for Takaichi, the first woman to lead Japan. She took office only last week and has a tenuous coalition backing her. Trade is the focus ...
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