Senate passes bill to end shutdown

Reuters Daily Briefing <dailybriefing@thomsonreuters.com>
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2025-11-11 13:01

Daily Briefing

By Kate Turton

Hello. Big news out of the US - the Senate passes a bill to end the shutdown. Elsewhere, a de facto partition of Gaza is a looming risk, and COP30 highlights the growing need of countries for resilience to storms, flood and fires.

Plus, what is China’s Singles' Day and how is it celebrated?

Today's Top News

The deal restores funding and stalls Trump's workforce downsizing. November 10, 2025. REUTERS/Elizabeth Frantz

United States

The Senate approved a compromise that would end the longest government shutdown in US history, breaking a weeks-long stalemate that has disrupted food benefits for millions, left hundreds of thousands of federal workers unpaid and snarled air traffic. Reuters asked a dozen strategists and analysts to assess who came out ahead - and who didn't.
Political Correspondent Nolan McCaskill explains to the Reuters World News podcast why there's a lot of anger amongst some Democrats. The party's vocal liberal base turned their vitriol on Senate Minority Leader Chuck Schumer.

In other news

A de facto partition of Gaza between an area controlled by Israel and another ruled by Hamas is increasingly likely, multiple sources said, with efforts to advance Trump's plan to end the war beyond a ceasefire faltering.
A suicide bomber killed at least 12 people and wounded 27 outside a court building in Pakistan's capital Islamabad, Interior Minister Mohsin Naqvi said.The attack took place hours after a suicide bomber killed three people and militants stormed a military school in the country's northwest.
Top-level resignations from the BBC over the editing of a speech by Trump have blown the lid off wider tensions at the British broadcaster over how it is run and whether it still commands public trust in its journalism.
The COP30 climate summit opened with the U.N. climate chief urging countries to cooperate rather than battle over priorities, as efforts to limit global warming are threatened by a fracturing international consensus.
Japanese Prime Minister Sanae Takaichi sparked a diplomatic spat with China over remarks last week that a hypothetical Chinese attack on democratically-ruled Taiwan could trigger a military response from Tokyo.

Business & Markets

Gold prices hit their highest levels in nearly three weeks, supported by expectations a potential US government reopening could restart the flow of US economic data ahead of an expected Federal Reserve rate cut next month.
For more on global markets, watch our daily rundown.
AMD is expected to outline the company's plans for its artificial intelligence chip and systems businesses at a financial analyst day at the Nasdaq in New York.The chip designer has been attempting to expand its AI business as rival Nvidia gobbles up market share for data center chips as the market explodes.
Honda's downgrade to its full-year profit outlook underscores the immediate pressure from US tariffs and global chip shortages - but the deeper, longer-term challenge lies in intensifying competition from Chinese electric vehicle makers.
Shares in AstraZeneca rose past their September 2024 peak, hitting a fresh record high and cementing the company's position as the largest UK-listed stock by market value.
Shares of Richemont and Swatch Group, owners of luxury Swiss watch brands, rose after Donald Trump said he was working with Switzerland on a deal to lower the 39% tariff rate on Swiss exports to the US.
It’s been a decade since the economist Branko Milanovic showed how China’s rise sparked a political backlash against free trade. On the Big View podcast, he tells Peter Thal Larsen that Donald Trump, Xi Jinping and Vladimir Putin are more alike than they seem.

COP30 wonders how to help countries withstand climate extremes

People wade through a flooded road following ahigh tide and Super Typhoon Fung-wong, in Macabebe town, Philippines, November 10, 2025. REUTERS/Lisa Marie David

With typhoons tearing across Southeast Asia this week while areas of Jamaica and Brazil are still clearing debris from damaging storms, delegates at Brazil's COP30 summit began grappling with how best to help the vulnerable withstand worsening weather and other climate extremes.

The topic of "adaptation" has grown more important as countries fail to rein in climate-warming emissions enough to prevent extreme warming, which has been linked to increasingly frequent weather disasters across the planet.

A U.N. report last month said developing countries alone would need up to $310 billion every year by 2035 to prepare.

Read more

And Finally...

People stand near banners for the Singles’ Day shopping festival. Beijing, China, November 9, 2021. REUTERS/Tingshu Wang/File Photo

Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and is called Singles' Day.

Originally a holiday to celebrate being single, as a counter to Valentine's Day, the event has grown into a weeks-long online shopping festival that began on October 9 this year and runs through November 11 - making it the longest Singles' Day sales period ever.

Read more

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