Page 14 - Reuters

Trump says US will not attack Iran before November midterm elections

Trump says US-Iran discussions are productive and rules out an attack on Iran before the November 3 midterm elections, while the US blockade of Iranian ports remains in effect.

Global shares slip as oil prices jumps and bond yields remain high

Wall Street's main indexes fell, with the S&P 500 down about 0.5% ​and the Nasdaq off nearly 1.3%

US, Russia discuss Nord Stream gas flows to Europe amid Ukraine war

US and Russian officials discuss bringing a US investor into Nord Stream pipelines, raising the prospect of renewed Russian gas flows to Europe after the Ukraine war.

TSMC Q3 revenue surges 50% to $46.71 billion, beats market forecast

TSMC reports record third-quarter revenue of $46.71 billion, beating market estimates as surging demand for AI applications drives chip sales.

PepsiCo cuts forecast, deepens cost cuts as North America recovery lags

PepsiCo cuts its 2026 core earnings forecast and plans deeper cost reductions as weak North American demand and margin pressure delay its turnaround.

Samsung sees record $80 bn quarterly profit as AI chip demand surges

Samsung forecasts record Q3 profit of 107.4 trillion won as AI-driven memory chip demand fuels earnings, while tight supply and rising chip costs pressure its smartphone business.

India inflation likely rose to 5.4% in Sep on food, energy costs: Poll

Consumer inflation is expected to have risen to 5.4% in September from 4.82% in August, as higher food and crude oil prices add to inflationary pressures

Asian shares fall as rising oil prices, tech debt plans weigh on markets

Asian equities came under pressure as rising oil prices pushed up bond yields, while plans by SpaceX, Broadcom, and Oracle to raise billions added to funding concerns

Oil prices rise as West Asia shipping attacks fuel fresh supply concerns

Brent crude rises to $101.53 a barrel as attacks on tankers in the Gulf and Strait of Hormuz intensify, raising concerns over supply risks despite plans to release emergency oil stocks

Markets can be irrational in short term, rupee may be undervalued: RBI Guv

Malhotra said financial markets can be irrational in the short run and noted that measures including the REER suggest the rupee may be undervalued

FX reserves fall for fourth week, down $50 billion from September peak

The reserves have dropped from their recent peak of $785.71 billion on September 4, a decline of about $50 billion in less than a ‌month

HSBC plans job cuts across UK wealth management business in AI push

The bank plans to cut about half of management and specialist roles ‌in the business, while reductions ​among financial advisers could reach around ​70%

Steel ministry unlikely to seek curbs on cheap imports despite mills' plea

New Delhi had last December imposed import tariffs on some grades for three years but despite the measure, there has been a surge in imports

Asian shares weaker as investors weigh Saudi Arabia-Houthi escalation

In Asia, ​MSCI's broadest index of Asia-Pacific shares excluding Japan was down 0.3% after US stocks ended ​higher. The index is up 1.5% so far this month

McDonald's hit with class action alleging AI-powered menu price-fixing

The lawsuit, filed on Friday, said ‌McDonald's violated US antitrust law by ​conspiring with independent franchisees ​to fix prices using algorithms trained on nonpublic data

Nobody knows who is running Iran, says Trump as war enters eighth month

Iran's foreign ​ministry spokesman said on Sunday Washington knows very well who their counterpart is in Iran and how the decision-making system in Iran works

Iran must cut enrichment to end war, says US Vice President JD Vance

Vance, a longtime skeptic of US involvement in foreign wars, has taken a leading role in negotiating a settlement to the conflict and brokered a provisional peace deal in June that quickly fell apart

Oil prices rise as Gulf of Mexico storm, Saudi attacks raise supply risks

Brent futures rose 93 cents, or ​0.92%, to $101.51 a barrel by 0022 GMT while US West Texas Intermediate (WTI) crude rose 82 cents, or 0.92%, ‌to $90.25

Paramount completes Warner Bros merger to form Hollywood giant Skydance

The combined company will carry about $80 billion in debt, while co-CEOs David Ellison and Ynon Kreiz face a target of delivering $6 billion in planned cost savings

Ex-German spy chief August Hanning detained on suspicion of espionage

The investigation was launched after the ‌discovery of an alleged leak ‌of intelligence reports intended for the chancellery