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Analysis-From pickups to idle plants: automakers seek lifeline from defence boom

Analysis-From pickups to idle plants: automakers seek lifeline from defence boom

By Nick Carey, Gilles Guillaume and Kalea Hall LONDON/PARIS/DETROIT, Sept 28 (Reuters) - Western automakers are chasing a defence spending boom as a way to sell more vehicles and make use of underemployed factories, though executives say military work will not make up for slowing car sales and
ReutersReuters
European shares rise as UK homebuilder rally offsets oil, bond pressures

European shares rise as UK homebuilder rally offsets oil, bond pressures

By Sudeshna Ghoshal Sept 28 (Reuters) - European shares climbed on Monday, supported by a rally in British housebuilders, although gains were capped by a rebound in oil prices and elevated bond yields. The pan-European STOXX 600 was up 0.48% at 641.73 points by 0829 GMT.
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UK counter-terror police question five men held at airbase used by US to attack Iran

UK counter-terror police question five men held at airbase used by US to attack Iran

By Toby Shepheard FAIRFORD, England, Sept 28 (Reuters) - British police were questioning five men on Monday on suspicion of explosives and terrorism offences after their detention near an air base used by the US to strike Iran.
AP NewsAP News
Andy Burnham brings good vibes to Labour’s annual conference but tough choices are coming

Andy Burnham brings good vibes to Labour’s annual conference but tough choices are coming

British Prime Minister Andy Burnham has been in office for two months, and his party seems content for now
ReutersReuters
Oil gains over 3% as US-Iran peace talks in stalemate

Oil gains over 3% as US-Iran peace talks in stalemate

By Anushree Mukherjee LONDON, Sept 28 (Reuters) - Brent crude oil rebounded more than 3% on Monday after US President Donald Trump rejected a peace deal from Iran to resolve their conflict and reopen the Strait of Hormuz.
ReutersReuters
Measured ECB hikes to quell inflation remain appropriate, Lagarde says

Measured ECB hikes to quell inflation remain appropriate, Lagarde says

FRANKFURT, Sept 28 (Reuters) - This year's inflation has yet to generate dangerous second round effects across the euro zone, so a moderate policy response from the European Central Bank remains appropriate, ECB chief Christine Lagarde said in a speech on Monday.
ReutersReuters
Boxing-Fury-Joshua fight in doubt as White uncertain over blockbuster bout

Boxing-Fury-Joshua fight in doubt as White uncertain over blockbuster bout

Sept 27 (Reuters) - Plans for Tyson Fury and Anthony Joshua's long-awaited heavyweight clash were in doubt on Saturday after promoter Dana White said he was unsure whether the fight would go ahead.
ReutersReuters
Pope Leo urges concessions for peace as Ukraine war drags on

Pope Leo urges concessions for peace as Ukraine war drags on

METZ, France, Sept 28 (Reuters) - Pope Leo said on Monday that negotiators seeking to end war in Europe must be willing to sacrifice some positions to achieve peace, as efforts to end Russia's bloody war in Ukraine continue to fail.
ReutersReuters
Anthropic investor Lonsdale says AI firms stoking fear to sway policy

Anthropic investor Lonsdale says AI firms stoking fear to sway policy

By Joe Brock AUSTIN, Sept 25 (Reuters) - Joe Lonsdale, an investor in Anthropic and the co-founder of technology company Palantir, said on Friday that efforts by some leading artificial intelligence companies to warn of existential risks from AI amounted to a dangerous attempt to shape public policy
TheStreetTheStreet
Fast fashion retail chain closing all locations

Fast fashion retail chain closing all locations

The low-price model that made fast fashion popular is facing new challenges.
ReutersReuters
Converse pauses social media ads, marketing after racism uproar, Bloomberg News reports

Converse pauses social media ads, marketing after racism uproar, Bloomberg News reports

Sept 25 (Reuters) - Nike-owned sneaker brand Converse told employees it is pausing all marketing this week after an earlier advertisement sparked outrage for evoking imagery of the Ku Klux Klan and lynching, Bloomberg News reported on Friday, citing a person familiar with the decision.
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Explainer-What has turned the Afghan Taliban and Pakistan from partners to foes?

Explainer-What has turned the Afghan Taliban and Pakistan from partners to foes?

By Asif Shahzad ISLAMABAD, Sept 24 (Reuters) - Pakistan's air force struck 10 locations in Afghanistan on Thursday, its second round of strikes in four days after three months of relative quiet along the two countries' 2,600-km (1,600-mile) border.