Today: November 18, 2024
Today: November 18, 2024

Latest From Reuters

Business|Economy|Finance

Livent quarterly profit up 13%, cuts forecast on flat lithium sales

Lithium producer Livent Corp posted a 13% increase in quarterly profit on Tuesday but cut its annual revenue and earnings forecast, citing sluggish sales volumes thus far this year.

Livent quarterly profit up 13%, cuts forecast on flat lithium sales
Business|Economy|Finance|News|US

Caesars Entertainment beats Q3 profit estimates on steady demand in Las Vegas casinos

Caesars Entertainment beat third-quarter profit estimates on Tuesday, as steady demand in Las Vegas casinos helped boost revenue.

Caesars Entertainment beats Q3 profit estimates on steady demand in Las Vegas casinos
Business|Finance|Technology|US

Musk says Tesla aims to make 200,000 Cybertrucks a year

Tesla is aiming to make 200,000 units of its electric pickup truck, Cybertruck, per year, Chief Executive Officer Elon Musk said on Tuesday.

Musk says Tesla aims to make 200,000 Cybertrucks a year
Business|Finance|Technology

Tinder-owner Match issues dour forecast; shares tumble

Tinder-owner Match Group on Tuesday forecast fourth-quarter revenue below estimates, as stubborn inflation and unrest in some markets weigh on growth at some of its major dating platforms,

Tinder-owner Match issues dour forecast; shares tumble
Business|Finance|Stock Markets

Assurant Q3 profit surges on growth in global housing unit, investment returns

Insurer Assurant reported a surge in third-quarter adjusted profit on Tuesday, helped by the strong performance of its global housing unit and higher investment returns, sending shares up

Assurant Q3 profit surges on growth in global housing unit, investment returns
News|US

Blinken to visit Israel on Friday, make other stops in region

U.S.

Blinken to visit Israel on Friday, make other stops in region
Business|Health

U.S. FDA approves Amgen's biosimilar version of J&J's psoriasis drug

The U.S. Food and Drug Administration on Tuesday approved Amgen's biosimilar version of Johnson & Johnson's blockbuster psoriasis treatment, Stelara, for multiple inflammatory diseases.

U.S. FDA approves Amgen's biosimilar version of J&J's psoriasis drug
Business|Health|News

Bayer ordered to pay $332 million in Roundup cancer trial -Law.com

A California jury found Bayer liable in a case brought by a man who claimed his cancer was due to exposure to the company's Roundup weed killer, and ordered it to pay $332 million in

Bayer ordered to pay $332 million in Roundup cancer trial -Law.com
Science|Technology|World

Biggest Chinese Antarctic fleet sets off to build research station

Two Chinese icebreaker research vessels and a cargo ship set sail on Wednesday for the Antarctic with more than 460 personnel on board to help complete construction of China's

Biggest Chinese Antarctic fleet sets off to build research station
Europe|News|World

Ukraine says oil refinery hit, power lines damaged in Russian drone attack

A Russian drone attack set ablaze the Kremenchuk oil refinery in central Ukraine and knocked out power supply in three villages, while falling debris from downed drones damaged

Ukraine says oil refinery hit, power lines damaged in Russian drone attack
News|US

U.S. Secretary of State Blinken to visit S.Korea

U.S.

U.S. Secretary of State Blinken to visit S.Korea
Asia|News|Science|Technology

North Korea's chances of succeeding in spy satellite launch high -S.Korea

North Korea is in the final stages of preparations for the launch of a spy satellite and the chances of the third attempt succeeding are high, Yonhap news agency reported on

North Korea's chances of succeeding in spy satellite launch high -S.Korea
Asia|Business|Finance|Stock Markets

China firm launches stock indices to tap into rush for safe-haven gold

China's biggest index provider launched on Wednesday two gold-linked stock indices to cash in on surging demand for exposure to the safe-haven metal amid a slump in the local real

China firm launches stock indices to tap into rush for safe-haven gold
Business|Finance|Stock Markets|US

Marketmind: Fed, financing and jobs greet November

A look at the day ahead in U.S. and global markets from Mike Dolan Investors wishing to put a dark October behind them first need to negotiate Wednesday's Fed policy decision, Treasury's debt sale

Marketmind: Fed, financing and jobs greet November
Business|Finance|Stock Markets|US

WeWork shares sink to record low on reports bankruptcy filing imminent

WeWork shares tanked nearly 50% to a record low on Wednesday following media reports that the flexible workspace provider was planning to file for bankruptcy as early as next

WeWork shares sink to record low on reports bankruptcy filing imminent
Business|Economy|Finance|Stock Markets|US

DuPont beats third-quarter profit estimates, cuts revenue forecast

DuPont on Wednesday beat analysts' estimates for third-quarter profit as lower net interest expense helped counter lower demand across the chemical and materials maker's units.

DuPont beats third-quarter profit estimates, cuts revenue forecast
Business|Finance|Health|US

CVS profit beats estimates on strong performance of pharmacy operations

CVS Health Corp beat Wall Street estimates for quarterly profit on Wednesday as strength in its drugstores and pharmacy benefit management business offset higher-than-expected medical

CVS profit beats estimates on strong performance of pharmacy operations
Asia|Business|Finance|News|Stock Markets

Estee Lauder cuts annual profit outlook on weaker recovery in Asia travel retail

Estee Lauder cut its annual profit on Wednesday as the MAC lipstick maker struggles with a slower-than-anticipated recovery in its Asia travel retail business.

Estee Lauder cuts annual profit outlook on weaker recovery in Asia travel retail
Business|Finance|Stock Markets|US

Taco Bell parent Yum Brands tops quarterly same-store sales estimates

Yum Brands on Wednesday topped Wall Street estimates for quarterly sales as inflation continues to weigh on budgets, prompting more consumers to turn to Taco Bell and Pizza Hut for cheaper

Taco Bell parent Yum Brands tops quarterly same-store sales estimates
Business|Finance

Kraft Heinz lifts annual profit target as price hikes boost margin

Kraft Heinz beat Wall Street estimates for third-quarter profit and raised its annual forecast as the Jell-O maker's margins benefited from higher prices of its packaged meals and

Kraft Heinz lifts annual profit target as price hikes boost margin
News|Technology|World

Microsoft exec says Israel's tech sector could suffer from war with Hamas

A senior Microsoft Israel official expressed concern for the future of Israel's high tech sector due to the country's war with Islamist group Hamas, warning multinational

Microsoft exec says Israel's tech sector could suffer from war with Hamas
Business|Finance|Stock Markets|Travel

Norwegian Cruise trims annual profit forecast as elevated costs pinch

Norwegian Cruise Line Holdings trimmed its annual profit forecast on Wednesday, as elevated fuel costs offset gains from higher ticket prices and resilient demand for cruise bookings,

Norwegian Cruise trims annual profit forecast as elevated costs pinch
MidEast|News|Political|World

Iran warns of 'harsh consequences' if Gaza attacks continue

Iran's Foreign Minister Hossein Amirabdollahian warned on Wednesday of "harsh consequences" if attacks continue on the Gaza Strip, the latest in a series of warnings from the country

Iran warns of 'harsh consequences' if Gaza attacks continue
Business|Finance|Stock Markets|Technology

Garmin raises annual sales forecast, beats quarterly estimates

Navigation equipment maker Garmin Ltd raised its annual sales forecast ahead of the crucial holiday shopping period as strength in its auto and fitness businesses helped it beat third-

Garmin raises annual sales forecast, beats quarterly estimates
Health|MidEast|News

Gaza's only cancer hospital goes out of service - health officials

The only cancer treatment hospital in the Gaza Strip has gone out of service after it ran out of fuel, health officials said on Wednesday.

Gaza's only cancer hospital goes out of service - health officials

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