Business

Porsche braces for lower sales era, seeks lifeline from luxury

Porsche braces for lower sales era, seeks lifeline from luxury

By Rachel More and Ilona Wissenbach BERLIN/FRANKFURT, Oct 7 (Reuters) - Porsche is steeling itself for persistently lower sales, the…

October 7, 2026

Samsung's Q3 profit seen jumping nine-fold, but chip margins may be flat

By Hyunjoo Jin SEOUL, Oct 7 (Reuters) - Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter…

October 7, 2026

Oil gains as US storm and Houthi air strikes threaten supply

By Helen Clark and Jeslyn Lerh SINGAPORE, Oct 7 (Reuters) - Oil prices climbed on Wednesday as the market weighed…

October 7, 2026

Asia shares weaker, oil up; investors weigh Saudi-Houthi escalation

By Scott Murdoch SYDNEY, Oct 7 (Reuters) - Asian markets were slightly weaker on Wednesday even though US stocks touched…

October 7, 2026

Why have India-US trade talks stalled again and what's next?

By Shivangi Acharya and Manoj Kumar NEW DELHI, Oct 6 (Reuters) - Senior officials in India and the United States…

October 7, 2026

Asia shares weaker, oil up; investors weigh Saudi-Houthi escalation

By Scott Murdoch SYDNEY, Oct 7 (Reuters) - Asian markets were slightly weaker on Wednesday even though US stocks touched…

October 7, 2026

The world has nearly burned through its oil stockpile buffer, executives say

By Robert Harvey, Stephanie Kelly and Shadia Nasralla LONDON, Oct 6 (Reuters) - The amount of oil in storage that…

October 7, 2026

Oil prices rise as storms and air strikes threaten supply

By Helen Clark PERTH, Oct 7 (Reuters) - Oil prices rose on Wednesday as the market weighed supply constraints from…

October 7, 2026

Dollar holds losses as markets await Fed minutes, speakers

By Rocky Swift TOKYO, Oct 7 (Reuters) - The US dollar remained lower on Wednesday after stress in European bond…

October 7, 2026

New Maryland defense shipyard gets $6.6 billion commitment and Trump visit

By Gram Slattery, Nathan Gomes and Trevor Hunnicutt BALTIMORE, Oct 6 (Reuters) - Defense tech firm Anduril unveiled plans on…

October 7, 2026