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Oct 9 (Reuters) – A French court on Thursday rejected the appeal of a former construction worker found guilty last year of the aggravated rape of Gisele Pelicot, and increased his prison sentence by a year to 10 years, France Info reported. (Reporting by Alban Kacher; Editing by Richard Lough)

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EGYPT'S SISI INVITES TRUMP TO ATTEND CEREMONY IN EGYPT MARKING GAZA CEASEFIRE DEAL -STATEMENT

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FAA SAYS GROUND STOP AT TORONTO PEARSON AIRPORT DUE TO EQUIPMENT OUTAGE

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Oct 9 (Reuters) – * JAPAN REGULATOR TO CLAMP DOWN ON INSIDER TRADING IN TENDER OFFERS – NIKKEI * FINANCIAL SERVICES AGENCY IS ALREADY CONSIDERING IMPOSING BIGGER FINES FOR VIOLATORS – NIKKEI Further company coverage: [ ]

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By Anjana Anil and Kavya Balaraman Oct 9 (Reuters) – Gold's unprecedented ascent this week to the $4,000 an ounce milestone and beyond puts it on course for its best year since the Iranian Revolution in 1979, solidifying its status as a barometer for global geopolitics and the economy. Bullion's 53% gain so far this year follows a stellar 27% rise in 2024. The steady upward trajectory has been driven by a rush to the asset considered a safe store of value as investors seek cover from uncertainties spurred by conflicts in the Middle East, between Russia and Ukraine, political developments in the U.S., Japan and France, all supplemented by bets for more U.S. interest rate cuts. "Gold is performing its important role as a bellwether or a barometer, which gauges when things just aren’t right," said Ross Norman, an independent analyst. Spot gold steadied at around $4,025 per ounce on Thursday, hitting pause after surging to an all-time high of $4,059.05 on Wednesday, as investors assessed an Israel-Hamas ceasefire deal. "Having cleared the $4,000 hurdle, by rights gold should pause for breath. That said, it has not shown much restraint year to date," Norman said. Bullion has logged multiple record highs this year, shattering analyst expectations, also underpinned by expectations of U.S. interest rate cuts since that would translate into reduced opportunity cost of holding assets such as gold, which pays no interest or dividends, while also weakening the dollar. Market participants see chances of two more rate cuts this year, with the CME FedWatch tool showing a 95% chance of a 25 basis-point cut during the Federal Reserve's upcoming meeting on October 29. A continued rise in central bank purchases as a means to diversify assets, along with increased flow into gold-backed exchange-traded funds, has also boosted gold's status. Globally, inflows into gold ETFs have hit $64 billion year-to-date, according to World Gold Council data, flipping from outflows of about $23 billion over the last four years. Gold-backed ETFs in the second-biggest bullion consumer India, meanwhile, registered their largest monthly inflow in September, taking assets under management to a record $10 billion. And there is more room to go, market participants said. "Investor appetite isn’t slowing down… this upward trajectory suggests more room for expansion, and less reason for it to drop," said Fawad Razaqzada, market analyst at City Index and FOREX.com. Silver, meanwhile, was trading at $51 per ounce, after hitting its all-time high of $51.22 earlier in the session. The metal has gained 72% this year, driven by the same factors driving gold and supported by underlying market tightness. "Silver has also benefited as investors cast their sights across the precious metals complex amid the broader safe-haven play," said Han Tan, chief market analyst at Nemo.money. ​ (Reporting by Anjana Anil, Kavya Balaraman and Anushree Mukherjee in Bengaluru; editing by Arpan Varghese and Marguerita Choy)

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Oct 9 (Reuters) – Padam Cotton Yarns Ltd: * PADAM COTTON YARNS LTD – TO RAISE UP TO 324 MILLION RUPEES VIA RIGHTS ISSUE Source text: Further company coverage:

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Oct 9 (Reuters) – Huanxi Media Group Ltd: * FORMER CHAIRMAN, OTHERS SOLD AGGREGATE OF 119. 4 MILLION SHARES BETWEEN JULY 30 & AUG 21 Further company coverage:

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MOSCOW, Oct 9 (Reuters) – President Vladimir Putin on Thursday urged the leaders of five Central Asian states to boost their trade with Russia, as Moscow seeks to build back its influence in a region that is also being courted by China. Russia's total trade turnover last year with Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan and Tajikistan was over $45 billion – a "good result" but well short of the level of its bilateral trade with Belarus, which has a fraction of their combined population, Putin said. He told a summit in Dushanbe, the capital of Tajikistan, that there was therefore good potential for growth. The five Central Asian states were ruled from Moscow until 1991 as part of the Soviet Union, and Russia still regards the region as part of its sphere of influence. But with the Kremlin distracted by its war in Ukraine and China making increasing inroads in trade and investment, Russia's standing in the region has declined. Millions of Central Asian migrants are employed in Russia, filling labour shortages there and sending home remittances that help support their economies. But Russia has tightened controls on migrant labour following an Islamist militant attack that killed more than 140 people near Moscow last year, in which the suspects were mostly from Tajikistan. A bland joint communique from the summit said the Central Asian states "noted the importance of further strengthening their strategic partnership with Russia". It said the leaders agreed to work on creating new transport and logistics corridors, cooperate in fighting terrorism, illegal migration and drugs, and improve trade payment and settlement systems. (Reporting by Reuters; writing by Mark Trevelyan; editing by Mark Heinrich)

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* Merz says time needed to explore alternative energy sources * EU targets 100% CO2 reduction from new cars by 2035 * Automakers want longer deadlines, broader technology definitions (Releads after press conference, adds VW CEO in paragraph 12) By Andreas Rinke and Christian Kraemer BERLIN, Oct 9 (Reuters) – Chancellor Friedrich Merz vowed to do everything possible to ensure there is no hard cut-off for carbon dioxide-emitting cars from 2035 in the European Union after meeting with executives from top German automakers on Thursday. "If I have my way, and I will do everything I can to achieve this, there will be no such hard cut in 2035," Merz told a press conference following the meeting. The path to electric mobility would continue and would likely be the central technology of the next few years, Merz said, but he emphasised that the industry needed time to discover paths forward with alternative energy sources. Hildegard Mueller, head of Germany's VDA auto association, supported the government's efforts to incorporate the sector's suggestions on how to reduce emissions and stay competitive. "The technical options are helping now, helping to secure jobs today," said Mueller. Merz also announced an additional 3 billion euros ($3.5 billion) in subsidies to support electric vehicle purchases by middle- and lower-income households earlier on Thursday. CAR INDUSTRY WANTS MORE TECHNOLOGY OPTIONS The EU has set a target for a 100% reduction of CO2 emissions from new cars and vans by 2035, with intermediate 2030 targets, which has been taken to mean the end of the internal combustion engine for new vehicles. But European automakers, facing stiff competition from China and U.S. tariffs, argue the timeline is unrealistic. They are urging Brussels to extend compliance deadlines and broaden the definition of acceptable technologies. Finance Minister Lars Klingbeil, whose Social Democrats have been divided on the issue, said the party could get behind having range extenders, plug-in hybrids and the blending of new fuels be allowed past 2035. "For us this is also a path that we consider to be absolutely feasible," he told the press conference. VW boss Oliver Blume told Germany's dpa news agency he agreed that electric mobility was the technology of the future, but that from today's perspective, the 2035 deadline for combustion engines was unrealistic. Mercedes-Benz CEO Ola Kaellenius also said a certain proportion of highly efficient, electrified combustion engines should be permitted beyond 2035. "We still need a few side roads," he told business publication manager magazin in an interview published on Thursday ahead of the meeting. ($1 = 0.8612 euros) (Reporting by Andreas Rinke and Christian Kraemer, Additional reporting by Thomas Escritt, Writing by Miranda Murray and Bernadette Hogg, Editing by Mark Potter and Ed Osmond)

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Overview * Richelieu Q3 revenue grows 6.7% to C$499.2 mln, beating analyst expectations * Net earnings per share for Q3 rise 4.9% to C$0.43 * Company completed two acquisitions post-Q3, adding C$22 mln in annual sales Outlook * Company expects to finish fiscal 2025 with strong results * Richelieu focuses on exclusive products to strengthen margins * Company says tariffs create uncertainty but business model remains strong Result Drivers * ACQUISITIONS – Richelieu completed eight acquisitions in 2025, contributing more than C$75 mln in annual sales * INTERNAL GROWTH – 4.1% of Q3 sales growth came from internal growth, supported by price adjustments due to tariffs * PRODUCT STRATEGY – Focus on exclusive products and private brands to strengthen margins and expand offerings Key Details Metric Beat/Mis Actual Consensu s s Estimate Q3 Beat C$499.20 C$498.20 Revenue mln mln (2 Analysts ) Q3 EPS C$0.43 Q3 Net C$23.90 Income mln Q3 C$57 mln EBITDA Q3 11.40% EBITDA Margin Analyst Coverage * The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" * The average consensus recommendation for the construction supplies & fixtures peer group is "buy." * Wall Street's median 12-month price target for Richelieu Hardware Ltd is C$37.00, about 11.4% above its October 8 closing price of C$32.80 * The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 three months ago Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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