October 1, 2025

Exxon to cut 2,000 jobs in restructuring hitting Canada and EU


Top U.S. oil major Exxon Mobil said it will lay off 2,000 workers globally, particularly in Canada and across the European Union, as part of a long-term restructuring plan that will affect about 3% to 4% of the company’s workforce.
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October 1, 2025

Wall Street indexes little changed as US government shutdown looms


Wall Street’s three major indexes were close to flat after weak economic data and ahead of a widely expected U.S. government shutdown, which would delay key economic reports as well as heighten investor anxiety about the Fed’s interest rate policy outlook.
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September 30, 2025

The dollar slid against yen


Dollar weakens after strong rally as US government shutdown looms. The dollar slid against yen and major currencies following a rally last week after stronger-than-expected U.S. economic data and ahead of a key nonfarm payrolls report that could offer further clues on the Federal Reserve’s policy path.
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September 30, 2025

Gold rises on rate-cut bets, US government shutdown fears


Gold prices surged past $3,800 an ounce for the first time, setting a new record as investors flocked to the safe-haven asset on U.S. rate cut expectations, fears of a potential government shutdown and escalating geopolitical tensions.
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September 30, 2025

Beyond Meat stock sinks after it launches convertible debt exchange offer


Shares of Beyond Meat slumped to a record low on Monday after the maker of plant-based meat launched an exchange offer for convertible bonds to cut more than $800 million in debt. The stock was last down 32.1%
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September 29, 2025

Ether ETFs log straight week of outflows, $796M pulled


US-based spot Ether exchange-traded funds have posted five straight net outflow days as the asset’s price slid around 10% over the week. On Friday, spot Ether ETFs closed the trading week with $248.4 million in daily outflows, bringing total weekly outflows to $795.8 million
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