#india #russia #oil - Trump says India has promised to stop buying Russian oil • FRANCE 24 English

16 October 2025

US President Donald Trump says Prime Minister Narendra Modi has agreed that India will stop buying Russian oil, as American tariffs hit Indian exports to the United States. Treasury Secretary Scott Bessent has hinted at a possible de-escalation of the US–China trade war, while Argentina’s manufacturing sector is feeling the side effects of Javier Milei’s free-market policies. 

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#USA #Investment - "Buy the Dip" Mentality Holds, Data Backup to Ignite Volatility: Schwab Investment

15 October 2025

Liz Ann Sonders with ‪@CharlesSchwab‬ says "buy the dip" remains a key rallying cry in the markets, though she notes plenty of risks that can reverse sentiment. Collin Martin talks more in-depth on some of those risks, which includes a backup of economic data from the government shutdown that can derail the FOMC's current interest rate track.

#China - #LVMH Sees Sales Turnaround in China as French Luxury Group Returns to Growth: Bloomberg

15 October 2025

LVMH sales unexpectedly returned to growth in the third quarter as shoppers splurged on Moët & Chandon Champagne and Dior perfumes. 

The world’s largest luxury group, led by billionaire Bernard Arnault, has endured an extended pullback, particularly in China, which had long been a driver of growth. In a positive sign for the company and the wider luxury industry, LVMH’s sales in the region that includes China rose 2% last quarter, after dropping by 9% in the first half. Bloomberg's Angelina Rascouet reports.  

#Apple #Vietnam #China - Apple to Build Home Hub and Robot in Vietnam in Pivot From China: Bloomberg

15 October 2025

Apple Inc. is preparing to expand its manufacturing operations in Vietnam as part of a push into the smart home market and an ongoing effort to lessen its dependence on China.