SANTIAGO (Reuters) -LATAM Airlines and pilots for the carrier in its home country of Chile have reached a contract agreement, the union said on Wednesday, bringing an end to a week-long strike. The strike, the first by LATAM pilots in nearly three decades, caused widespread flight cancellations and snarled passengers’ travel plans. The contract agreement…
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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 Anastasiia Kozlova, Johann M Cherian and Tharuniyaa . (Reuters) -European shares closed flat on Wednesday while investors looked ahead to a high-stakes earnings report from chipmaker Nvidia, which could set the direction for trading in artificial intelligence-related stocks. The pan-European STOXX 600 ended flat at 561.71 points. Most other major regional indexes fell, with…
JOHANNESBURG (Reuters) -A G20 draft leaders’ declaration includes references to “climate change” in defiance of U.S. objections, a source familiar with the matter said on Friday. The draft declaration was agreed ahead of this weekend’s summit in Johannesburg without U.S. input. U.S. President Donald Trump recently called climate change a “con job”, and has not…
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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…
