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Europe stocks retreat after three-day rise as rising yields, oil dent sentiment

Europe stocks retreat after three-day rise as rising yields, oil dent sentiment

By Sudeshna Ghoshal and Purvi Agarwal Oct 7 (Reuters) - European shares closed sharply lower on Wednesday after three straight sessions of gains, as higher oil prices and a rise in bond yields sapped risk appetite.

XPENG G9L Completes First Production Trial in Europe, Set for Global Premiere

XPENG G9L Completes First Production Trial in Europe, Set for Global Premiere

XPENG G9L Completes First Production Trial in Europe, Set for Global Premiere

Modi wants India to power the AI age. Residents are pushing back

Modi wants India to power the AI age. Residents are pushing back

By Vibhuti Sharma, Munsif Vengattil and Aditya Kalra MUMBAI, Oct 9 (Reuters) - The view from Indian engineer Tushar Shetty's Mumbai apartment captures a tension playing out around the world as the artificial intelligence boom fuels an unprecedented data-centre building spree.

EU sends envoy to Beijing as rising exports from China raise economic anxiety

EU sends envoy to Beijing as rising exports from China raise economic anxiety

The European Union is bracing for a confrontation with China as a trade deficit exceeding $1 billion a day heightens anxiety over potential job losses and pushes the bloc’s political leaders to take a more aggressive approach toward its second-largest trading partner

EU seeks to cut trade deficit with China in talks with Beijing

EU seeks to cut trade deficit with China in talks with Beijing

By Philip Blenkinsop BRUSSELS, Oct 7 (Reuters) - European Trade Commissioner Maros Sefcovic heads to Beijing on Wednesday for key talks designed to reduce the European Union's growing trade deficit with China, which threatens to destroy EU industry and many thousands of jobs.

EV maker Polestar logs slightly higher quarterly sales as US ban looms

EV maker Polestar logs slightly higher quarterly sales as US ban looms

STOCKHOLM, Oct 8 (Reuters) - Polestar reported a slight rise in third-quarter retail sales on Thursday, a few months after Washington effectively barred the China-linked electric vehicle maker from selling new cars in the country from the next model year.

Drones hit Yandex site in first major attack on Russian data hub

Drones hit Yandex site in first major attack on Russian data hub

By Gleb Stolyarov and Gleb Bryanski MOSCOW, Oct 8 (Reuters) - Drones hit a data centre owned by Russia's Yandex, the country's leading AI and technology company said on Thursday, in the first major attack on a Russian data hub since the start of the war with Ukraine.

Securitize launches blockchain-based stocks

Securitize launches blockchain-based stocks

By Hannah Lang Oct 8 (Reuters) - Digital asset company Securitize is launching blockchain-based tokenized stock trading in major listed companies like Apple, Nvidia and Microsoft, with tokens backed by underlying shares, the company said on Thursday.

Factbox-High-profile IPO listings that fell victim to market jitters in 2026

Oct 9 (Reuters) - A string of high-profile IPOs have been abandoned, delayed or reworked in 2026 as investors demanded greater valuation discipline, testing hopes for a sustained revival in global equity capital markets.

Polestar nears US sellout of remaining 2026 models as ban looms

Polestar nears US sellout of remaining 2026 models as ban looms

By Harshita Mary Varghese and Marie Mannes STOCKHOLM, Oct 8 (Reuters) - Polestar is close to selling out its remaining model year 2026 cars in the US, CEO Michael Lohscheller told Reuters on Thursday, as the Swedish automaker faces a US ban on selling new vehicles from the next model year.

UK Considers Tariffs on Chinese Electric Vehicles Amid EU Pressure

UK Considers Tariffs on Chinese Electric Vehicles Amid EU Pressure

UK Considers Tariffs on Chinese Electric Vehicles Amid EU Pressure

US trade balance sinks deeper into the red as imports hit record high despite tariffs

US trade balance sinks deeper into the red as imports hit record high despite tariffs

By Lucia Mutikani WASHINGTON, Oct 6 (Reuters) - The US trade deficit widened more than expected in August as imports jumped to a record high against the backdrop of robust domestic demand, keeping trade on track to again subtract from economic growth in the third quarter.