By Pratyush Thakur, Mike Stone and Valerie Insinna (Reuters) -RTX reported better-than-expected quarterly earnings on Tuesday, as a strong performance at its Collins Aerospace business offset the impact from a …
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By Karl Plume CHICAGO (Reuters) -Global grains merchant Archer-Daniels-Midland Co beat Wall Street expectations for third-quarter profit on Tuesday on good ethanol and sweetener margins and strong Brazilian crop exports, …
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By David Randall NEW YORK (Reuters) – Several of Wall Street’s biggest names are calling a top on longer-dated Treasury yields, after yields on the benchmark 10-year note briefly rose …
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GENEVA (Reuters) – The head of the World Trade Organization on Tuesday voiced optimism that trade deals could be reached at the next major ministerial meeting in February 2024. More …
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SANTIAGO (Reuters) – The costs of large-scale copper mining in Chile kept rising due to lower production and rising service costs, a report from the state-run Chilean Copper Commission (Cochilco) …
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WASHINGTON (Reuters) – U.S. President Joe Biden and Australian Prime Minister Anthony Albanese will announce a plan to cooperate on technological innovations, including artificial intelligence, clean energy, and critical minerals, …
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By Tom Wilson and Tom Westbrook LONDON/SINGAPORE/NEW YORK (Reuters) -Bitcoin rose by nearly 10% on Tuesday to $34,872, its highest in nearly a year-and-a-half, on mounting speculation that an exchange-traded …
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By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) – Investment bank and capital markets firm Jefferies has hired industrial banker Francis Tucci from Citigroup for a senior role, according …
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By Ann Saphir The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on …
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BRUSSELS (Reuters) – More than a year after the U.S. Inflation Reduction Act (IRA) was signed into law, the European Commission has concluded that it is still too early to …
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(Reuters) – Blockbuster takeovers by U.S. oil and gas majors Exxon and Chevron this month may spark further consolidation in the energy industry after a quieter third quarter for mergers …
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By David French (Reuters) – Exxon Mobil and Chevron are flush with cash yet their acquisition targets are taking stock as the only form of payment, an arrangement that allows …
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By Pete Schroeder WASHINGTON (Reuters) – U.S. regulators will begin grading banks on which communities and geographies they service via online lending under tougher new rules modernizing fair lending standards …
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By Jonathan Cable LONDON (Reuters) -Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad-based downturn across the region, a survey …
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By David Gaffen (Reuters) – A broad swath of global industrial and consumer bellwethers reported stronger-than-expected earnings in their most recent quarter, as resilient spending patterns kept profits afloat despite …
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(This Oct. 23 story has been corrected to clarify that the six-month sanctions relaxation timeline applies to the oil and gas license, not to bonds, in paragraph 2) CARACAS (Reuters) …
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(Reuters) -Indivior on Monday agreed to pay $385 million to settle lawsuits in the U.S. brought by drug wholesalers on claims it illegally suppressed generic competition for its opioid addiction …
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By Kirsty Needham SYDNEY (Reuters) – Australia and the United States will announce plans to cooperate on critical minerals and bolster Pacific Islands infrastructure when Prime Minister Anthony Albanese visits …
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By Dan Burns and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. business activity ticked higher in October while output in the euro zone took a surprise turn for the worse, surveys …
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(Reuters) – IPhone maker Apple said on Tuesday it will hold a special event named “Scary Fast” on Oct. 30. Media reports have said the company may release new Mac …
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By Mrinalika Roy and Divya Rajagopal (Reuters) – Teck Resources was progressing “expeditiously” on a split of its coal and copper businesses, the Canadian miner said on Tuesday, after missing …
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By Sabrina Valle and Mrinalika Roy HOUSTON (Reuters) – Chevron has agreed to buy Hess for $53 billion in stock to gain a bigger U.S. oil footprint and a stake …
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(Reuters) -Chip designer Nvidia said new U.S. export curbs on the sale of its high-end artificial intelligence chips to China came into effect on Monday as regulators advanced the deadline. …
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(Reuters) – Campbell Soup said on Monday its $2.33 billion acquisition of Rao’s owner Sovos Brands was delayed until next year after the U.S. Federal Trade Commission (FTC) asked for …
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ROME (Reuters) -Franco-Italian automaker Stellantis said on Tuesday it planned a joint venture with French nuclear fuels firm Orano to recycle used electric vehicle batteries and scrap materials from its …