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Hedge funds shift focus to global industrials, shed US stocks
By Nell Mackenzie LONDON (Reuters) -Hedge funds last week rushed into global industrial stocks and dumped U.S. equities, which on Friday suffered their worst one-day sell-off since April as tariff woe...
Thomson Reuters Oct 13, 2025
Peoria Heights leader of almost 3 decades has died
PEORIA HEIGHTS, Ill. (25 News) - Peoria Heights' current mayor, only a few months into his term, is among many village leaders paying tribute to a man who served as mayor for 28 years. Ray Picl died o...
Julia Bradley Oct 13, 2025
First Brands CEO James resigns amid bankruptcy process; turnaround expert in charge
(Reuters) -First Brands said on Monday founder Patrick James had stepped down as CEO and will be succeeded by Chief Restructuring Officer Charles Moore on an interim basis, as the auto parts maker adv...
Thomson Reuters Oct 13, 2025
BoE's Greene sees more rate cuts but fears inflation might fall more slowly
LONDON (Reuters) -Bank of England policymaker Megan Greene said on Monday that interest rates would probably fall further but there were risks that the broad weakening of inflation pressures in Britai...
Thomson Reuters Oct 13, 2025
US Treasury chief says government shutdown is hitting economy
WASHINGTON (Reuters) -The U.S. federal government shutdown is starting to impact the nation's economy, U.S. Treasury Secretary Scott Bessent said on Monday as the closure entered its 13th day. "This i...
Thomson Reuters Oct 13, 2025
Beyond Meat slumps after early settlement of convertible debt exchange offer
(Reuters News) -Shares of Beyond Meat tumbled more than 60% on Monday after the plant-based meat maker announced an early settlement of an exchange offer for convertible bonds as it seeks to reduce de...
Thomson Reuters Oct 13, 2025
Salesforce boosts AI capabilities with global launch of Agentforce 360
(Reuters) -Salesforce said on Monday its artificial intelligence platform "Agentforce 360" would be available globally across its suite of cloud-based tools to help clients automate routine tasks. Sof...
Thomson Reuters Oct 13, 2025
Copper's rally needs China impetus to reach record
By Tom Daly LONDON (Reuters) -Copper prices touched $11,000 per metric ton on October 9, a milestone seen on only two other trading days in the history of the London Metal Exchange - and one that has ...
Thomson Reuters Oct 13, 2025
OPEC holds oil demand outlook, points to smaller 2026 supply deficit
By Alex Lawler LONDON (Reuters) -OPEC made no changes on Monday to its relatively high global oil demand growth forecasts for this year and next, and implied the oil market will see a much smaller sup...
Thomson Reuters Oct 13, 2025
US retailers brace for impact as Trump's 100% China tariffs loom
(Refiles to fix formatting) By Savyata Mishra (Reuters) -U.S. President Donald Trump's threat of additional 100% tariffs on Chinese imports has sounded alarm bells among retail and trade experts, who ...
Thomson Reuters Oct 13, 2025
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