LONDON (Reuters) -Asian and European shares extended a global rout on Friday and U.S. stock futures also pointed to a weak opening on Wall Street as investors continued to offload richly valued technology stocks. A highly anticipated U.S. jobs report on Thursday failed to provide clarity on the near-term path for interest rates, while artificial…
By Jan Wolfe WASHINGTON (Reuters) -A U.S. judge on Wednesday said he was resuming his long-stalled court proceeding to determine whether Trump administration officials willfully violated a court order by deporting hundreds of men to El Salvador in March. U.S. District Judge James Boasberg said he would demand sworn testimony from administration officials to determine…
By Marc Jones LONDON (Reuters) -Modernising regulations, aligning rules around stablecoins and keeping tabs on ballooning debt and private credit markets are next year’s top priorities, global financial regulators said on Wednesday. The Financial Stability Board, which coordinates financial rules for the Group of 20 economies (G20), set its work programme for 2026, a year…
By Nellie Peyton and Anathi Madubela JOHANNESBURG (Reuters) -The G20 summit in South Africa and the COP30 climate summit in Brazil show multilateralism is very much alive, despite efforts by U.S. President Donald Trump to dismantle it, Brazil’s President Luiz Inacio Lula da Silva said on Sunday. “(Trump) is trying to preach the end of…
By Siyanda Mthethwa JOHANNESBURG (Reuters) -Walmart opened its first store in South Africa on Saturday, marking the U.S. retail giant’s debut on the African continent as it seeks a stake in a competitive market. More than a hundred shoppers queued for hours outside the store to take advantage of Walmart’s “Everyday Low Prices” and shop…
By Jeffrey Dastin SAN FRANCISCO (Reuters) -In Microsoft’s view, humans are not the only ones to manage in a workplace. Artificial intelligence needs a manager, too. The software maker on Tuesday announced Microsoft Agent 365, a program for its customers to track what it expects to be 1.3 billion agents automating office work by 2028. Agents…
(Reuters) -U.S. equity funds attracted investment inflows for a fifth week in a row as investors focused on robust third-quarter earnings growth and brushed off concerns of lofty tech sector valuations. They invested a net $4.36 billion into U.S. equity funds in the week through November 19, a nearly fourfold increase from approximately $965 million…
(Corrects name of cybersecurity expert cited in paragraph 7) By Raphael Satter WASHINGTON (Reuters) -Salesforce said Thursday it is investigating “unusual activity” involving Gainsight-published applications that may have exposed customer data. In a brief statement published to its status portal, Salesforce said the Gainsight-published applications, which are installed and managed by customers “may have enabled…
By Anastasiia Kozlova, Johann M Cherian and Tharuniyaa . (Reuters) -European shares closed higher on Thursday after AI bellwether Nvidia’s results quelled concerns around an AI bubble, but pared earlier gains as uncertainty over the U.S. monetary policy path weighed on investor sentiment. The pan-European STOXX 600 ended up 0.4% at 563.94 points. Other major…
By Anuja Bharat Mistry (Reuters) -Kroger will close three automated delivery fulfillment facilities and record an impairment charge of about $2.6 billion in its third quarter, as the U.S. grocer expands its third-party delivery partnerships. The company said on Tuesday it would shutter the centers it operates with British online supermarket and technology group Ocado…
