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US yields at 2007 levels crimp stocks, while yen sirens blare

GLOBAL MARKETS-US yields at 2007 levels crimp stocks, while yen sirens blare US 10-year Treasury yields hit 16-year high Asian and European stocks down 0.5% amid wider sell-off Traders see 0.25 bps January Fed hike chances around 50/50 Dollar nears 150 yen level seen as Japan's red line for action By Lawrence White LONDON, Sept 26 (Reuters) - U.S.
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Japan's FY23/24 crude steel output may stay below T90 mln -industry group head

Japan's FY23/24 crude steel output may stay below T90 mln -industry group head By Yuka Obayashi TOKYO, Sept 26 (Reuters) - Crude steel output in Japan, the world's No.3 steel producer, is expected to stay below 90 million metric tons in the fiscal year to next March due to weak local demand from the construction and other sectors, the head of a steel industry group said on Tuesday.

Shuaa Capital Says Jassim Alseddiqi Holds Direct Ownership Stake Of 9.0322% In Shuaa

BRIEF-Shuaa Capital Says Jassim Alseddiqi Holds Direct Ownership Stake Of 9.0322% In Shuaa Sept 26 (Reuters) - SHUAA CAPITAL SHUA.DU : JASSIM ALSEDDIQI HOLDS DIRECT OWNERSHIP STAKE OF 9.0322% IN SHUAA JASSIM ALSEDDIQL SOLD 30 MILLION SHARES THROUGH A SPECIAL DEAL YESTERDAY Source text for Eikon: ID:nDFA1q0nzM Further company coverage: SHUA.DU

Asia Fuel Oil-VLSFO margin dips as drop in gasoline cracks weigh

Asia Fuel Oil-VLSFO margin dips as drop in gasoline cracks weigh SINGAPORE, Sept 26 (Reuters) - Asia's very low sulphur fuel oil (VLSFO) margin fell on Tuesday, trending in line with a recent decline in gasoline cracks. The October crack for 0.5% VLSFO LFO05SGDUBCMc1 closed lower at a premium of $7.89 a barrel at the Asia close, down for a second straight session.
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Adidas tests upper limit of running market with $500 shoe

Adidas tests upper limit of running market with $500 shoe By Helen Reid LONDON, Sept 26 (Reuters) - Adidas' newest running shoes, worn by Ethiopia's Tigist Assefa on Sunday to set a new women's marathon world record in Berlin, went on sale on Tuesday with an eye-watering price tag that will test the enthusiasm of amateur runners. Adidas, its bigger rival Nike and other sports brands, have been locked in a "supershoe" war for years, since the first running shoes containing a thick, shock-absorbin
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Dollar hits 10-month high as US yields spike, yen recovers from dip

FOREX-Dollar hits 10-month high as US yields spike, yen recovers from dip Updates prices, adds Japan's Suzuki comments, analyst quote and chart By Harry Robertson and Tom Westbrook LONDON/SINGAPORE, Sept 26 (Reuters) - The dollar rose to a new 10-month peak on Tuesday as U.S. bond yields hit their highest level since October 2007, while the Japanese yen recovered from an early dip, with traders on alert for signs of government intervention.
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UniCredit picks headhunters to advise board on own slate of nominees

UniCredit picks headhunters to advise board on own slate of nominees MILANO, Sept 26 (Reuters) - UniCredit CRDI.MI said on Tuesday it had mandated Egon Zehnder and Spencer Stuart as headhunters to support the board in identifying candidates to be included in the slate of nominees current directors will put forward to appoint their successors. The current board is up for renewal next spring.
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Brazil's Oi bags $300 mln DIP financing from BTG Pactual

Brazil's Oi bags $300 mln DIP financing from BTG Pactual SAO PAULO, Sept 26 (Reuters) - Brazilian telecom firm Oi OIBR4.SA said on Tuesday it has secured a $300 million debtor in possession (DIP) financing from lender BTG Pactual in order to repay a previous $200 million DIP deal and reinforce its working capital. The new DIP financing is due on Dec.

EU's Breton tells Apple CEO to open its ecosystem to rivals

EU's Breton tells Apple CEO to open its ecosystem to rivals Adds more Breton comments, details By Foo Yun Chee BRUSSELS, Sept 26 (Reuters) - EU industry chief Thierry Breton on Tuesday called on Apple AAPL.O CEO Tim Cook to open up the iPhone maker's fiercely guarded ecosystem of hardware and software to rivals. Breton's comments came after meeting Cook in Brussels.
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Mexican goods worth $1 bln stuck at US border amid migration checks

RPT-Mexican goods worth $1 bln stuck at US border amid migration checks Repeats story published earlier, no change to text By Jose Gonzalez and Laura Gottesdiener CIUDAD JUAREZ, Sept 25 (Reuters) - Trade across the U.S.-Mexican border has been slowed over the past week as U.S. authorities have shut down crossings and imposed extra security checks amid an increase in migration, sparking concern in Mexico.

Brazilian miner Vale seals deal for potential low-carbon iron ore complex

Brazilian miner Vale seals deal for potential low-carbon iron ore complex By Marta Nogueira RIO DE JANEIRO, Sept 26 (Reuters) - Mining giant Vale VALE3.SA and Brazil's top commercial port have signed an agreement to study the potential construction of a facility in Rio de Janeiro state that would produce low-carbon iron ore products, port executives told Reuters.
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Russia's gasoline prices on exchange up almost 2% after exports ban eased

Russia's gasoline prices on exchange up almost 2% after exports ban eased MOSCOW, Sept 26 (Reuters) - Russian wholesale gasoline Ai-92 grade prices rose 1.8% to 56,978 roubles ($592) per ton per metric ton on Tuesday, according to the exchange data, after government eased fuel exports restrictions. Diesel prices rose 1.1% to 61,565 roubles per ton, according to the data from the St.

Algeria tenders to buy around 90,000 T corn, 30,000 T barley

UPDATE 1-Algeria tenders to buy around 90,000 T corn, 30,000 T barley Adds detail, shipment periods HAMBURG, Sept 26 (Reuters) - Algerian state agency ONAB has issued international tenders to purchase around 90,000 metric tons of animal feed corn and 30,000 metric tons of feed barley, European traders said on Tuesday. The deadline for submission of price offers in the tenders is Wednesday, Sept.

Russian Black Sea commander shown working after Ukraine said it killed him

UPDATE 1-Russian Black Sea commander shown working after Ukraine said it killed him Adds details MOSCOW, Sept 26 (Reuters) - Viktor Sokolov, the commander of Russia's Black Sea Fleet and one of Russia's most senior navy officers, was shown on Tuesday attending a video conference, a day after Ukrainian special forces said they had killed him. In v ideo and photographs released by the Russian defence ministry, Sokolov was shown apparently taking part in a video conference with Defence Minister Ser

Immunovant jumps after antibody treatment shows promise in study

BUZZ-Immunovant jumps after antibody treatment shows promise in study ** Shares of Roivant-backed Immunovant IMVT.O rise 45% to $29.66 premarket ** Shares of Roivant Sciences ROIV.O rise 17% to $11.97 premarket ** ROIV is the largest shareholder in IMVT, according to LSEG data ** IMVT says its experimental antibody drug showed reduction in levels o

UBS and China's ICBC to explore banking, wealth management ties

UPDATE 1-UBS and China's ICBC to explore banking, wealth management ties Adds context and background HONG KONG, Sept 26 (Reuters) - Swiss banking group UBS UBSG.S said on Tuesday it had signed a memorandum of understanding with the world's largest lender by assets, Industrial and Commercial Bank of China (ICBC) 601398.SS , 1398.HK , to explore collaborations in China and overseas markets.
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Coty’s listing treatment is just cosmetic

BREAKINGVIEWS-Coty’s listing treatment is just cosmetic The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Lisa Jucca MILAN, Sept 26 (Reuters Breakingviews) - The $10 bln US-traded beauty firm is going against the tide with a dual listing in Paris. That may give it more visibility with European investors and the funds will cut its debt.

India New Issue-Canara Bank sets 7.54% coupon on infrastructure bonds - bankers

UPDATE 1-India New Issue-Canara Bank sets 7.54% coupon on infrastructure bonds - bankers Adds details and comments in paragraphs 3-7 By Bhakti Tambe MUMBAI, Sept 26 (Reuters) - India's Canara Bank CNBK.NS has set a coupon of 7.54% for infrastructure bonds maturing in 10 years, three merchant bankers said on Tuesday. The state-run lender had invited bids for the issue earlier in the day and has accepted bids worth 50 billion rupees ($601 million), they said.
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UniCredit Picks Head Hunters To Find Candidates For Corporate Governance & Nomination Committee, Board

BRIEF-UniCredit Picks Head Hunters To Find Candidates For Corporate Governance & Nomination Committee, Board Sept 26 (Reuters) - UniCredit SpA CRDI.MI : SELECTS EGON ZEHNDER, SPENCER STUART TO SUPPORT CORPORATE GOVERNANCE & NOMINATION COMMITTEE, BOARD IN SEARCHING POSSIBLE CANDIDATES Further company coverage: CRDI.MI (Gdansk Newsroom)
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Resist Russian disinformation as elections loom, EU tells Big Tech

REFILE-Resist Russian disinformation as elections loom, EU tells Big Tech Corrects typo in 'social' in final paragraph By Foo Yun Chee BRUSSELS, Sept 26 (Reuters) - European Commission Vice President Vera Jourova on Tuesday urged Alphabet's GOOGL.O Google, Microsoft MSFT.O , Meta Platforms META.O and TikTok to do more to tackle what she called Russia's "multi-million euro weapon of mass manipulation" ahead of elections in Europe.
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