Business

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

By Jiaxing Li HONG KONG, Aug 25 (Reuters) - The U.S. dollar struggled to hold onto gains against major peers…

August 25, 2026

Alabama launches probe into OpenAI after Hugging Face breach

Aug 24 (Reuters) - Alabama's attorney general said on Monday the state had opened an investigation into OpenAI after its…

August 25, 2026

Australia's No. 2 grocer Coles posts 13.7% rise in full-year profit

Aug 25 (Reuters) - Australia's Coles Group reported a better-than-expected annual profit on Tuesday, helped by stable financing cost savings…

August 25, 2026

Judge rejects First Brands' plan to pay down debts by pursuing lawsuits

By Dietrich Knauth NEW YORK, Aug 24 (Reuters) - A U.S. bankruptcy judge on Monday rejected auto parts maker First…

August 25, 2026

Australia's No. 2 grocer Coles posts better-than-expected annual profit

Aug 25 (Reuters) - Australia's Coles Group reported a better-than-expected annual profit on Tuesday, helped by stable financing cost savings…

August 25, 2026

Shein's stock market listing will not mask sustainability challenges

By Helen Reid and Simon Jessop LONDON, Aug 25 (Reuters) - Shein is finally going public, but in a far…

August 25, 2026

Hyundai Motor's union reaches tentative wage deal, averting more strikes

Aug 25 (Reuters) - Hyundai Motor's South Korean union said on Tuesday it has reached a tentative agreement with management,…

August 25, 2026

Shares dip with pressure from technology, yields and oil fall

By Sinéad Carew and Iain Withers NEW YORK/LONDON, Aug 24 (Reuters) - MSCI's global equities gauge lost ground on Monday…

August 25, 2026

US SEC investigating Situational Awareness trades that led to July meltdown, source says

Aug 24 (Reuters) - The U.S. Securities and Exchange Commission is investigating the timing of trades that led to steep…

August 25, 2026

Hormel Foods names former Tyson executive Ash Bhumbla as CFO

Aug 24 (Reuters) - Hormel Foods on Monday appointed former Tyson Foods executive Ash Bhumbla as chief financial officer, effective…

August 25, 2026