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Latam assets slump on Fed rate concerns, Argentina peso touches fresh record low

EMERGING MARKETS-Latam assets slump on Fed rate concerns, Argentina peso touches fresh record low Latam FX down 1.7%, stocks down 3.2% MSCI Latam Stocks index set for worst day since Dec Brazil's industrial output rises less than expected Argentina's bonds, peso hit ahead of elections Updated at 3:45pm ET/1945 GMT By Johann M Cherian and Lisa Pauline Mattackal Oct 3 (Reuters) - Latin American m arkets slumped on Tuesday, with indexes tracking currencies and stocks both set for their worst day in
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Belize to launch project to make biofuel from seaweed clogging Caribbean coasts

Belize to launch project to make biofuel from seaweed clogging Caribbean coasts Oct 3 (Reuters) - Belize is developing a pilot project to convert the masses of foul-smelling sargassum seaweed swamping its pristine beaches into biofuel, its prime minister said in a statement published by regional Caribbean bloc CARICOM on Tuesday. Many Caribbean countries depend economically on drawing travelers from around the world to their white sand beaches, but since 2010 heaps of rotting seaweed have been m

Spotify pushes into audiobooks in challenge to Amazon’s Audible - FT

MEDIA-Spotify pushes into audiobooks in challenge to Amazon’s Audible - FT -- Source link: https://shorturl.at/bsDLO -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Intel gains on plans to separate programmable solutions group

BUZZ-Intel gains on plans to separate programmable solutions group ** Shares of Intel INTC.O rise 2.4% to $36.57 after the bell ** Co says will separate its programmable solutions group operations into a standalone business in January ** Also intends to conduct an initial public offering for the unit over the next two or three years, INTC says ** Y
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Arabica coffee falls amid Brazil rains, raw sugar at 1-month low

SOFTS-Arabica coffee falls amid Brazil rains, raw sugar at 1-month low Adds comments on sugar, coffee; includes closing prices NEW YORK, Oct 3 (Reuters) - Arabica coffee futures on the ICE exchange fell on Tuesday, just shy of the near nine-month lows seen last week, amid improved weather in top producer Brazil, while raw sugar lost nearly 3%. COFFEE * December arabica coffee KCc1 slipped 0.35 cent, or 0.2%, to $1.4875 per lb, having hit its lowest since mid-January last week.
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Latam assets slump on Fed rate concerns, Argentina peso touches fresh record low

EMERGING MARKETS-Latam assets slump on Fed rate concerns, Argentina peso touches fresh record low Latam FX down 1.7%, stocks down 3.2% MSCI Latam Stocks index set for worst day since Dec Brazil's industrial output rises less than expected Argentina's bonds, peso hit ahead of elections Updated at 3:45pm ET/1945 GMT By Johann M Cherian and Lisa Pauline Mattackal Oct 3 (Reuters) - Latin American m arkets slumped on Tuesday, with indexes tracking currencies and stocks both set for their worst day in
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Fed officials see high long rates as "complicated," but not yet a threat

WRAPUP 1-Fed officials see high long rates as "complicated," but not yet a threat By Howard Schneider ATLANTA, Oct 3 (Reuters) - Federal Reserve officials see rising yields on long-term U.S. Treasury debt as evidence their tight-money policies are working, but for now at least say they are not triggering alarm bells for the economy. Atlanta Federal Reserve President Raphael Bostic agreed the comparatively fast recent rise in the market interest rates paid on U.S.

Niger bans exports of liquefied petroleum gas -government statement

Niger bans exports of liquefied petroleum gas -government statement NIAMEY, Oct 3 (Reuters) - Niger has banned all exports of liquefied petroleum gas (LPG) until further notice, the government said in a statement on Tuesday. National production should be used to supply the domestic market, and in case of surplus a special authorization can be requested to export it, the statement said.

Soccer-Van Gaal returns to struggling Ajax as adviser

Soccer-Van Gaal returns to struggling Ajax as adviser AMSTERDAM, Oct 3 (Reuters) - Ajax Amsterdam have hired their former head coach Louis van Gaal as an adviser, the Dutch club said on Tuesday, as they look to end a string of disappointing results. Ajax are in 15th place in the 18-team Eredivisie table, and have not won a match since the opening weekend, despite spending over 100 million euros ($104.71 million) on new players in the close-season.

Intel to operate its Programmable Solutions Group as standalone business

Intel to operate its Programmable Solutions Group as standalone business Oct 3 (Reuters) - Chipmaker Intel INTC.O said on Tuesday it plans to operate its Programmable Solutions Group as a standalone business starting January next year. Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Shilpi Majumdar
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Intel Announces Intent To Operate Programmable Solutions Group As Standalone Business Under Leadership Of Sandra Rivera

BRIEF-Intel Announces Intent To Operate Programmable Solutions Group As Standalone Business Under Leadership Of Sandra Rivera Oct 3 (Reuters) - Intel Corp INTC.O : INTEL ANNOUNCES INTENT TO OPERATE PROGRAMMABLE SOLUTIONS GROUP AS STANDALONE BUSINESS UNDER LEADERSHIP OF SANDRA RIVERA INTEL CORP: STANDALONE OPERATIONS FOR PROGRAMMABLE SOLUTIONS GROUP (PSG) EXPECTED TO BEGIN JAN.
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Chicago soybeans drop in choppy trade, wheat up on China purchase

GRAINS-Chicago soybeans drop in choppy trade, wheat up on China purchase Soybeans sink on rising dollar, ample harvest forecasts Wheat futures lifted by surprise purchase from China Updates pricing, adds quotes By Zachary Goelman Oct 3 (Reuters) - Chicago soybean futures fell on Tuesday, at one point nearing their lowest levels since December of 2021, under pressure from a stronger dollar, improving signs for the U.S.

Indexes ended sharply lower as data adds to rate worries

US STOCKS-Indexes ended sharply lower as data adds to rate worries For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. US job openings unexpectedly rise in August Amazon, Microsoft down as UK regulator push for probe Updates to close By Caroline Valetkevitch NEW YORK, Oct 3 (Reuters) - Major U.S.
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Today in Washington - Oct. 4

DIARY-Today in Washington - Oct. 4 ALL TIMES IN EDT/GMT --------------------------------------------------- 0700/1100: The Mortgage Bankers Association issues weekly Mortgage Applications Survey. 0700/1100: The USDA issues weekly world rice price. 1000/1400: The Commerce Dept. issues Factory Orders for August. 1030/1430: The Energy Information Administration issues weekly petroleum stocks and output data.

United Airlines orders 110 Airbus, Boeing jets

United Airlines orders 110 Airbus, Boeing jets CHICAGO, Oct 3 (Reuters) - United Airlines UAL.O on Tuesday announced an order for 110 aircraft from Airbus AIR.PA and Boeing BA.N for delivery beginning in 2028 as it seeks to expand its international network. The Chicago-based carrier said it will convert previous options and purchase rights into firm orders for 50 Boeing 787-9s for delivery between 2028 through 2031, and 60 Airbus A321neos for delivery between 2028 and 2030. The company has also
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GM furloughs another 163 workers due to UAW strike

GM furloughs another 163 workers due to UAW strike Oct 3 (Reuters) - General Motors GM.N said on Tuesday it was laying off another 163 workers in Ohio because of the ongoing United Auto Workers strike at two assembly plants and 18 parts distribution centers. The Detroit automaker said it had furloughed another 163 UAW workers at GM’s Toledo Propulsion Systems plant that makes transmissions for both the Missouri and Lansing Delta Township assembly plants that are on strike.

Electric Hydrogen valued at $1 bln after latest funding round - source

RPT-UPDATE 1-Electric Hydrogen valued at $1 bln after latest funding round - source Repeats to widen distribution with no changes to text By Jaiveer Shekhawat Oct 3 (Reuters) - Hydrogen technology startup Electric Hydrogen (EH2) was valued at $1 billion after a financing round, a source familiar with the matter said on Tuesday. Earlier on Tuesday, the company said it had raised $380 million in an oversubscribed series C financing round led by Fortescue, Fifth Wall and Energy Impact Partners.
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Stocks slip, yields rise after US jobs data suggest higher rates

GLOBAL MARKETS-Stocks slip, yields rise after US jobs data suggest higher rates Adds gold, oil settlement prices, updates prices at 3:20 p.m. By Herbert Lash and Amanda Cooper NEW YORK/LONDON, Oct 3 (Reuters) - Global shares fell on Tuesday, crushed by a fresh surge in Treasury yields after U.S. job openings rose more than expected in August, in another sign of a resilient economy that points to the Federal Reserve keeping interest rates higher for longer.
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Canada light-vehicle sales volume in Q3 2023

TABLE-Canada light-vehicle sales volume in Q3 2023 Oct 3 (Reuters) - The following are the Canada light-vehicle sales volume in Q3 2023: AUTOMAKER Q3 2023 Q3 2022 PCT CHNG 1 General Motors 69,788 62,075 12.40% 2 Toyota Motor^ 60,943 50,625 20.40% 3 Fiat Chrysler 40,716 40,958 -0.60% 4 Honda Motor^^ 36,270 27,543 31.70% 5 Hyundai 32,124 27,472 16.90
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David Beckham takes family to premiere of candid new Netflix documentary about his life

David Beckham takes family to premiere of candid new Netflix documentary about his life By Hanna Rantala LONDON, Oct 3 (Reuters) - David Beckham turned the premiere of his new Netflix documentary into a family affair on Tuesday as the former footballer was joined by his wife, fashion designer Victoria Beckham, and their four children on the red carpet in London's Mayfair.
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US Treasury's Yellen is 'very optimistic' about outlook for US economy

UPDATE 2-US Treasury's Yellen is 'very optimistic' about outlook for US economy Adds background and quotes on economy in paragraphs 2-6, other comments on China in paragraphs 9-11 By David Lawder and Kanishka Singh WASHINGTON, Oct 3 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday she was very optimistic about the outlook for the U.S.



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