In Today’s News

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Exclusive-China state oil majors suspend Russian oil buys due to sanctions, sources say

SINGAPORE (Reuters) -Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow’s two biggest oil companies, multiple trade sources said on Thursday.The move comes as refiners in India, the largest buyer of seaborne Russian … Read More »

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US existing home sales hit 7-month high; affordability remains a challenge

WASHINGTON (Reuters) -U.S. existing home sales increased to a seven-month high in September, but economic uncertainty and a stalled labor market could limit an anticipated boost from easing mortgage rates.The rise in home resales last month, which was reported by the National Association of Realtors on Thursd … Read More »

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Featured Article

Nike working on motorized sneakers as it seeks to reclaim innovation edge

NEW YORK (Reuters) -Nike on Thursday said it is working on a motorized footwear system to help casual athletes and mobility-impaired people move faster, one of four new products it teased in its latest effort to show the world it is still on the cutting-edge of sports technology. ââââKnown … Read More »

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Other Headlines

Super Micro cuts first-quarter revenue forecast on delivery delays

Shares of the company fell around 7% after it said “design win upgrades” pushed some expected revenue to the second quarter.The AI server maker said it now expects first-quarter revenue for fiscal year 2026 to be $5 billion, compared with its earlier forecast of between $6 billion and $7 billion.Analysts were … Read More »

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