Reuters US Business

Unilever CFO says SEC automatic approval could see ice cream demerger in December

23 Oct 2025

LONDON (Reuters) -Unilever CFO Srinivas Phatak said on Thursday the demerger of the group’s ice cream business could happen in early December if The Magnum Ice Cream Company listing gains automatic SEC approval following the publication of its prospectus next month. Unilever is delaying the ice cream spin-off due to the U.S. government shutdown and …

Unilever CFO says SEC automatic approval could see ice cream demerger in December Read More »

IBM shares fall as cloud slowdown triggers investor anxiety

23 Oct 2025

By Akriti Shah (Reuters) -IBM shares dropped more than 6.5% before the bell on Thursday, after growth slowed in its core cloud software segment and spooked investors over Big Blue’s ability to seize booming demand for cloud services. Despite raising its revenue outlook for the current fiscal year, the pullback in shares reflects the focus …

IBM shares fall as cloud slowdown triggers investor anxiety Read More »

Morning Bid: Oil jumps and Tesla skids

23 Oct 2025

By Mike Dolan (Reuters) -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Oil prices jumped 4% on a wave of new retaliatory sanctions on Russian crude over Moscow’s repeated bombardment of Ukraine, adding to fresh trade and inflation anxiety on Wall Street just as megacap Tesla tumbled overnight …

Morning Bid: Oil jumps and Tesla skids Read More »

Dallas Fed chief’s rate target reform welcomed amid very uncertain timetable

23 Oct 2025

By Michael S. Derby (Reuters) -A Federal Reserve official’s proposal to overhaul the central bank’s interest rate target system is getting a warm reception but still faces long odds as the Fed’s balance sheet wind-down nears conclusion and Fed leadership is due to change next year. Dallas Fed President Lorie Logan, who previously ran the …

Dallas Fed chief’s rate target reform welcomed amid very uncertain timetable Read More »

China confirms US trade talks to be held in Malaysia from Friday

23 Oct 2025

BEIJING (Reuters) -Chinese Vice Premier He Lifeng is set to meet U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer from Friday, as the world’s two largest economies try to ease an unexpected flare-up in tension ahead of a key leaders’ summit. The commerce ministry said He, China’s top economic official, will visit Malaysia …

China confirms US trade talks to be held in Malaysia from Friday Read More »

MTU Aero Engines beats profit estimates on commercial demand

23 Oct 2025

(Reuters) -MTU Aero Engines reported a third-quarter adjusted operating profit that beat market expectations on Thursday, as revenue growth in its commercial engine and maintenance businesses helped cushion the impact of U.S. tariffs. The Airbus and Boeing supplier said its adjusted earnings before interest and taxes grew around 24% from a year earlier to 339 …

MTU Aero Engines beats profit estimates on commercial demand Read More »

Besi sees revenue growth in fourth quarter helped by strong orders

23 Oct 2025

By Ozan Ergenay (Reuters) -BE Semiconductor Industries (Besi) said on Thursday it expected fourth-quarter sales to rise compared to the previous one as demand for AI-related data centre applications boosts bookings. The Dutch chipmaking equipment supplier makes the world’s most accurate hybrid bonding tool, a critical instrument that top chipmakers such as Nvidia, Broadcom and …

Besi sees revenue growth in fourth quarter helped by strong orders Read More »

Trump administration in talks to take stakes in quantum-computing firms, WSJ reports

23 Oct 2025

(Reuters) -U.S. President Donald Trump’s administration is in talks with several quantum-computing companies to take equity stakes in exchange for federal funding, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Companies including IonQ, Rigetti Computing and D-Wave Quantum are discussing the government becoming a shareholder as part of the agreements, …

Trump administration in talks to take stakes in quantum-computing firms, WSJ reports Read More »

Woodside enlists Williams as investor for Louisiana LNG as construction ramps up 

23 Oct 2025

By Christine Chen and Rishav Chatterjee SYDNEY (Reuters) -Australia’s Woodside Energy has enlisted U.S.-based Williams as an investor and pipeline operator of its Louisiana liquefied natural gas plant, to tap its infrastructure experience and ease cost pressures as construction ramps up.  Under the arrangement, Williams will get a 10% stake in Louisiana LNG’s holding company …

Woodside enlists Williams as investor for Louisiana LNG as construction ramps up  Read More »

Close Bitnami banner
Bitnami