Bruno Le Maire no longer advising ASML, company says
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Bruno Le Maire no longer advising ASML, company says

Bruno Le Maire no longer advising ASML, company says
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Bruno Le Maire no longer advising ASML, company says

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By Nathan Vifflin (Reuters) -France's former finance minister Bruno Le Maire is no longer an advisor at ASML, a spokesperson for the Dutch chip equipment maker told Reuters on Monday. Le Maire, who was poised to become defence minister in the latest French government that collapsed just hours after being appointed on Sunday, had been named as a special advisor to ASML's executive board in 2024. During his time with the company, Le Maire had advised its executives on investments to reinforce Europe's chips ecosystem. ASML is the world's biggest maker of equipment used by chip manufacturers. In September, it became the largest shareholder of French startup Mistral AI, investing 1.3 billion euros ($1.5 billion) in the AI firm's 1.7 billion euro fundraising round. ASML declined to comment on whether Le Maire could return after the collapse of the new cabinet. ($1 = 0.8571 euros) (Reporting by Nathan Vifflin in Gdansk, editing by Milla Nissi-Prussak)

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Bruno Le Maire no longer advising ASML, company says
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UPDATE 5-Oil rises after OPEC+ hikes output less than expected

by Inkhabar webdesk
written by Inkhabar webdesk

* OPEC+ November supply hike stable from October at 137,000 bpd * Refinery maintenance to limit oil demand in Q4, analysts say * Weak demand outlooks in Q4 to also cap near-term gains (Adds comment and updates prices) By Seher Dareen LONDON, Oct 6 (Reuters) – Oil prices rose more than 1% on Monday after OPEC+'s planned production increase for November was more modest than expected, tempering some concerns about supply additions, though a soft outlook for demand is likely to cap near-term gains. Brent crude futures climbed nearly $1, or 1.5%, to $65.52 a barrel by 0905 GMT, while U.S. West Texas Intermediate crude was at $61.83, up 95 cents, or about 1.6%. "The market was expecting a somewhat larger increase from OPEC+ as shown in the structure last week," said Janiv Shah, an analyst at Rystad. "However the modest 137,000 bpd bloats the already-oversupplied balance for the fourth quarter of 2025 and 2026." On Sunday, the Organization of the Petroleum Exporting Countries plus Russia and some smaller producers said it would raise production from November by 137,000 barrels per day (bpd), matching October's figure, amid persistent concern over a looming supply glut. In the run-up to the meeting, sources said although Russia was advocating for an increase of 137,000 bpd to avoid pressuring prices, Saudi Arabia would have preferred double, triple or even four times that to quickly regain market share. The modest production update also comes at a time of rising Venezuelan exports, the resumption of Kurdish oil flows via Turkey, and the presence of unsold Middle Eastern barrels for November loading, PVM Oil Associates analyst Tamas Varga said. Saudi Arabia kept unchanged the official selling price for the Arab Light crude it sells to Asia. While refining sources in Asia surveyed by Reuters had expected a slight increase, those expectations diminished as concerns about rising Middle Eastern crude supply felled the premium to a 22-month low last week. In the near term, some analysts expect the refinery maintenance season starting soon in the Middle East to also help cap prices. Rystad's Shah added that Chinese stockpiling of oil, along with the geopolitical risk premiums and inefficient trade routes and sanctions, were also supporting the benchmarks. Expectations of weak demand fundamentals in the fourth quarter are another factor limiting the market's upside. U.S. crude oil, gasoline and distillate inventories rose more than expected in the week ended September 26 as refining activity and demand softened, the Energy Information Administration said last week, with total product supplied – a proxy for demand – falling by 627,000 barrels per day in that week. "If we see a steadier rise in production then the downside in oil prices may be contained. Much now depends on whether the U.S. economy can reaccelerate over the rest of 2025 and into 2026, which would help demand immensely," said Chris Beauchamp, chief market analyst at IG Group. (Reporting by Seher Dareen in London, Emily Chow in Singapore; Editing by Edwina Gibbs, Clarence Fernandez and Emelia Sithole-Matarise)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Bruno Le Maire no longer advising ASML, company says
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ADVISORY – SPORTS DAILY OUTLOOK MONDAY OCTOBER 6, 2025

by Inkhabar webdesk
written by Inkhabar webdesk

SPORTS DAILY OUTLOOK – MONDAY OCTOBER 6, 2025 . EXPECTED: . GERMANY-OKTOBERFEST/BAYERN – Bayern Munich players attend Oktoberfest EXPECTED FROM 0930GMT . SOCCER-AFRICA/ The Confederation of African Football holds its annual congress in Kinshasa ON MERIT . TENNIS-WUHAN/ – Day one of the Wuhan Open – a WTA 1000 tournament. EDIT DELIVERY TIME TBA. PLEASE MONITOR FOR UPDATES . TENNIS-SHANGHAI/ – Day six of the Shanghai Masters – an ATP Masters 1000 tournament. EDIT DELIVERY TIME TBA. PLEASE MONITOR FOR UPDATES . BASEBALL-MLB-PHI-LAD/ – Game two of the MLB National League Division Series between the Philadelphia Phillies and the Los Angeles Dodgers at Citizens Bank Park. EDIT EXPECTED FROM 0330GMT ON OCTOBER 7 . BASEBALL-MLB-MIL-CHC/ – Game two of the MLB National League Division Series between the Milwaukee Brewers and the Chicago Cubs at American Family Field. EDIT EXPECTED AFTER 0530GMT ON OCTOBER 7 . DELIVERED: . 0706-BASEBALL-MLB-SEA-DET/ – Late Rodriguez RBI double lifts Mariners to 3-2 win over Skubal, Tigers to even their ALDS 1-1 DELIVERED 0646GMT . 0701-SOCCER-USA-LAFC-ATL – Bouanga's goal lifts Los Angeles FC past Atlanta United DELIVERED 0450GMT . 0381-PEOPLE-BARBIE/RUGBY – World Cup winner Ellie Kildunne meets herself in Barbie form DELIVERED 0441GMT . 0688-BASEBALL-MLB-TOR-NYY/ – Blue Jays hit five homers in 13-7 rout of Yankees, take 2-0 lead in best of five ALDS DELIVERED 0342GMT . 0697-SOCCER-ARGENTINA-ROS-RIV/ – Rosario rally past 10-man River 2-1 in Argentine Primera Division action DELIVERED 0340GMT . 0692-SOCCER-ARGENTINA-BOJ-NOB/ – Boca put five past Newell's in blowout win at the Bombonera DELIVERED 0334GMT . 0694-SOCCER-USA-VAN-SJ/ – Mueller's Whitecaps win 4-1 at home to San Jose DELIVERED 0125GMT . 0801-SOCCER-MEXICO/BRAVO-FILE – Former Mexico footballer Omar Bravo arrested on child sexual abuse charges DELIVERED 2357GMT . 0683-HORSERACING-TRIOMPHE/ – Daryz edges out favourite Minnie Hauk to win Prix de l'Arc DELIVERED 1804GMT . 0771-TENNIS-SHANGHAI/ – Players complain of 'brutal' heat at Shanghai Masters DELIVERED 1800GMT . 0732-TENNIS-SHANGHAI/ – Sinner retires from Shanghai Masters after picking up an injury DELIVERED 1734GMT . 0709-TENNIS-SHANGHAI – Djokovic battles Shanghai humidity to reach third round DELIVERED 1528GMT . 0676-TENNIS-BEIJING/ – Anisimova defeats Noskova to take WTA China Open title DELIVERED 1511GMT . 0681-MOTOR-F1-SINGAPORE – Russell wins Singapore Grand Prix, McLaren take constructors' title DELIVERED 1442GMT . 0672-MOTOR-MOTOGP-INDONESIA/ – Rookie Aldeguer wins Indonesia GP as Marquez, Bezzecchi crash DELIVERED 1125GMT . 0675-GOLF-ASIAN/ – Ormsby wins fifth Asian Tour title in a playoff at Jakarta International DELIVERED 1004GMT . 0673-TENNIS-SHANGHAI/ – Fritz stunned by Mpetshi Perricard in Shanghai, Rune advances DELIVERED 0959GMT . 0094-MOTOR-ELECTRIC-BOAT-NIGERIA – E1 powerboat championship makes African debut in Lagos DELIVERED 0928GMT . 0567-BASEBALL-MLB-SEA-DET/ – Tigers edge Mariners in 11-inning ALDS Game One thriller DELIVERED 0540GMT . 0562-BASEBALL-MLB-PHI-LAD/ – Shohei Ohtani, Teoscar Hernandez power Dodgers past Phillies in NLDS Game One DELIVERED 0334GMT . 0564-SOCCER-USA-MIA-NE/ – Alba, Allende each record brace as Miami run past Revolution 4-1 in MLS action DELIVERED 0245GMT . 0561-BASEBALL-MLB-TOR-NYY/ – Kirk homers twice as Blue Jays crush Yankees 10-1 in ALDS game one DELIVERED 0126GMT . 0617-FOOTBALL-NFL/SANCHEZ-FILE – Ex QB, analyst Mark Sanchez hospitalised after reported stabbing DELIVERED 0031GMT . 0553-BASEBALL-MLB-MIL-CHC/ – Brewers jump out to early lead and cruise to 9-3 win over Cubs in NLDS opener DELIVERED 0025GMT . More MLB content is available on Reuters Connect here: https://www.reutersconnect.com/all?sources=mlbimagen . Television Editorial Support / tvsports@thomsonreuters.com Tel: +44 20 7542 2244

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Bruno Le Maire no longer advising ASML, company says
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Tesla teases Tuesday event as focus shifts to affordable EVs

by Inkhabar webdesk
written by Inkhabar webdesk

(Reuters) -Tesla on Sunday teased an October 7 event, as investors and analysts await a more affordable model to sustain sales momentum, sending shares of the company 2% higher in premarket trading. In a nine-second video posted on social media platform X, the Elon Musk-led automaker showed a vehicle with its headlights illuminated in a dark setting. The company hinted at an event scheduled for Tuesday in a separate video that had "10/7" at the end. Tesla has previously delayed rolling out a lower-cost version of the Model Y in the United States. The company said in June that it had made "first builds" of the vehicle, but would start selling it in the fourth quarter and ramp up output slower than planned. The stripped-down version is designed to be roughly 20% cheaper to produce than the refreshed Model Y and could scale to about 250,000 units a year in the U.S. by 2026, sources told Reuters earlier this year. The teaser follows Tesla’s record quarterly deliveries for the three months ended September, driven by a surge in EV purchases ahead of the expiration of the $7,500 U.S. EV tax credit on September 30. However, analysts expect sales to drop off in the coming months without the incentive. Wall Street expects Tesla's deliveries to jump next year to 1.85 million vehicles, with the cheaper model accounting for 155,610 units in 2026, according to Visible Alpha estimates. Tesla faces challenges from an aging model lineup. The company has not introduced a new mass-market vehicle in years, relying heavily on incremental updates to the Model 3 and Model Y to drive sales. Sales of its last major launch, the Cybertruck, have struggled, with Tesla offering thousands of dollars in discounts for vehicles in inventory in the past few months. A U.S. recall filing in March showed 46,096 Cybertrucks had been built between its introduction in November 2023 and early this year. (Reporting by Mrinmay Dey and Akash Sriram in Bengaluru; Editing by Jamie Freed and Mrigank Dhaniwala)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Bruno Le Maire no longer advising ASML, company says
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Tesla teases Tuesday event as focus shifts to affordable EVs

by Inkhabar webdesk
written by Inkhabar webdesk

(Reuters) -Tesla on Sunday teased an October 7 event, as investors and analysts await a more affordable model to sustain sales momentum, sending shares of the company 2% higher in premarket trading. In a nine-second video posted on social media platform X, the Elon Musk-led automaker showed a vehicle with its headlights illuminated in a dark setting. The company hinted at an event scheduled for Tuesday in a separate video that had "10/7" at the end. Tesla has previously delayed rolling out a lower-cost version of the Model Y in the United States. The company said in June that it had made "first builds" of the vehicle, but would start selling it in the fourth quarter and ramp up output slower than planned. The stripped-down version is designed to be roughly 20% cheaper to produce than the refreshed Model Y and could scale to about 250,000 units a year in the U.S. by 2026, sources told Reuters earlier this year. The teaser follows Tesla’s record quarterly deliveries for the three months ended September, driven by a surge in EV purchases ahead of the expiration of the $7,500 U.S. EV tax credit on September 30. However, analysts expect sales to drop off in the coming months without the incentive. Wall Street expects Tesla's deliveries to jump next year to 1.85 million vehicles, with the cheaper model accounting for 155,610 units in 2026, according to Visible Alpha estimates. Tesla faces challenges from an aging model lineup. The company has not introduced a new mass-market vehicle in years, relying heavily on incremental updates to the Model 3 and Model Y to drive sales. Sales of its last major launch, the Cybertruck, have struggled, with Tesla offering thousands of dollars in discounts for vehicles in inventory in the past few months. A U.S. recall filing in March showed 46,096 Cybertrucks had been built between its introduction in November 2023 and early this year. (Reporting by Mrinmay Dey and Akash Sriram in Bengaluru; Editing by Jamie Freed and Mrigank Dhaniwala)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Bruno Le Maire no longer advising ASML, company says
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MORE THAN A QUARTER OF ENTIRE UNHCHR WORKFORCE HAS LOST THEIR JOBS, MORE EXPECTED DUE TO FUNDING CUTS, SAYS UNHCR HIGH COMMISSIONER FILIPPO GRANDI

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written by Inkhabar webdesk

MORE THAN A QUARTER OF ENTIRE UNHCHR WORKFORCE HAS LOST THEIR JOBS, MORE EXPECTED DUE TO FUNDING CUTS, SAYS UNHCR HIGH COMMISSIONER FILIPPO GRANDI

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Bruno Le Maire no longer advising ASML, company says
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Citigroup turns cold on UK equities, doubles down on EM optimism

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written by Inkhabar webdesk

(Reuters) -Citigroup has double downgraded UK equities to "underweight" from "overweight", while upgrading Emerging Markets (EM) to "overweight" in a strategic pivot toward cyclical and AI-driven growth opportunities. Analysts at Citi raised their mid-2026 target for the MSCI EM index to 1,465, implying ~7% upside from current levels, while raising their target for the FTSE 100 to 9,700 from 9,300, implying more modest upside from current levels over the same time period. The brokerage in a note on Friday said that the UK's 50% exposure to defensive sectors such as consumer staples and utilities makes it less attractive in a market environment increasingly favouring cyclical and growth-oriented plays. While economic activity has held up, Citi noted that UK growth has been driven by frontloaded trade and government spending, with consumer demand remaining weak. Taken alongside Citi analysts' expectations for earnings growth and market performance to become more dispersed across regions, sectors, and styles in 2026, the outlook for UK stocks becomes less compelling. "While the UK has performed well as an overweight, the potential broadening and demand for cyclicality is less favourable for the index," Citi analysts wrote. Lower energy prices are also expected to weigh on UK earnings, with Citi forecasting a 1% contraction in FTSE 100 earnings for 2025 and with no Bank of England rate cuts expected this year, the macro environment continues to face headwinds. In contrast, Citi sees EM benefiting from a confluence of factors, including a soft-landing scenario in the U.S., anticipated Federal Reserve rate cuts, and exposure to the booming AI theme through markets like Taiwan, Korea and China. "EM is more directly tied to the AI thematic, with exposures looking more similar to the U.S.," the report said, noting that equity inflows into EM remain subdued and could pick up. (Reporting by Rashika Singh in Bengaluru; Editing by Ronojoy Mazumdar)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Bruno Le Maire no longer advising ASML, company says
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FC Bayern Munich strut their stuff at the Oktoberfest

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VIDEO SHOWS: FC BAYERN MUNICH TEAM VISITS OKTOBERFEST RESENDING WITH SHOTLIST, COMPLETE SCRIPT TO FOLLOW SHOWS: MUNICH, GERMANY (OCTOBER 5, 2025) (FC BAYERN MUNICH HANDOUT – Access all) 1. STRIKER HARRY KANE GREETING FANS AS HE ARRIVES OKTOBERFEST 2. GOALKEEPER MANUEL NEUER AND OTHER AT OKTOBER FEST 3. VARIOSU OF KANE GETTING A MASS (A LITRE OF BEER) AND POSING FOR PICTURES WITH HIS WIFE 4. HEAD COACH VINCENT KOMPANY AND OTHERS IN BEER TENT 5. NEUER TAKING SELFIE WITH A MASS 6. WING BACK ALPHONSO DAVIES SIGNING FAN SHIRTS 7. MIDFIELDER JAMAL MUSIALA ARRIVING 8. DAVIES ARRIVING, JOKING AROUND 9. MUSIALA AND DAVIES GREETING BAYERN MUNICH HONORARY PRESIDENT ULI HOENESS 10. MIDFIELDER JOSHUA KIMMICH POSING FOR PICTURES WITH HIS WIFE 11. (SOUNDBITE) (German) BAYERN MUNICH MIDFIELDER, JOSHUA KIMMICH, SAYING:     "The timing is really good today, especially as it's before the international break. It's not as if we're playing again in two days. Of course, we've had a successful run of games recently. " 12. ATTACKER SERGE GNABRY ENTERING BEER TENT 13. (SOUNDBITE) (German) BAYERN MUNICH ATTACKER, SERGE GNABRY, SAYING:     "Yes, of course, that kind of flow definitely helps. When you win games, the atmosphere is always better. Nevertheless, we have a very cool team, very cool lads, we get on well, we trust each other on the pitch and off it. The atmosphere is good and hopefully it will stay that way.  14. ATTACKERS LUIS DIAZ AND NICOLAS JACKSON CHATTING 15. MIDFIELDER KONRAD LAIMER, KANE, GNABRY AND OTHERS CHEERING 16. DECORATED BAYERN MUNICH GINGERBREAD READING (German) "MUNICH'S TRUE LOVE"

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Bruno Le Maire no longer advising ASML, company says
Bruno Le Maire no longer advising ASML, company says
Bruno Le Maire no longer advising ASML, company says
Bruno Le Maire no longer advising ASML, company says