By Sumit Saha and Pranav Mathur (Reuters) -Gold miners are on track to deliver stellar third-quarter earnings, fueled by a record rally in bullion prices, with investors watching for updates on the recent CEO changes at top producers Newmont and Barrick. Analysts expect the two miners to post a combined profit of nearly $3 billion …
Gold miners set for bumper profits after bullion’s record rally Read More »
(Reuters) -Northern Trust beat Wall Street expectations for third-quarter profit on Wednesday as it earned higher fees after rallying markets boosted the value of its underlying assets. Markets rallied through multiple record highs in the third quarter as AI stocks continued their surge, which along with lower interest rates and regulation eased concerns about stagflation …
Northern Trust profit beats estimates on higher fees, interest Read More »
(Reuters) -Uber Technologies said on Wednesday it is rebranding its “Uber Green” service as “Uber Electric” and launching a $4,000 grant program for drivers, as part of the ride-hailing giant’s push toward zero-emission rides by 2040. The new grants, branded “Go Electric,” will provide eligible drivers $4,000 to buy new or used EVs in states including …
Uber rebrands ‘Green’ as ‘Electric’, offers US drivers $4,000 to switch to EVs Read More »
By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Gold’s stellar climb this year has hit the buffers and streaming giant Netflix disappointed Wall Street with its latest earnings, stopping stock markets in their tracks as trade and geopolitical jitters mounted again. Despite being on course …
Morning Bid: Gold recoils and Netflix disappoints Read More »
(Reuters) -Teck Resources beat third-quarter profit estimates on Wednesday, lifted by higher copper and zinc prices, even as production at its Quebrada Blanca copper mine in Chile remained constrained by tailings work. U.S.-listed shares of Teck rose 2% in pre-market trading. The results come as Teck advances a merger with Anglo American, announced in September, …
Teck beats profit forecast on higher metals prices, Anglo merger on track Read More »
By Lisa Richwine LOS ANGELES (Reuters) -Netflix missed Wall Street’s third-quarter earnings targets because of an unexpected expense from a Brazilian tax dispute while it offered a forecast a touch ahead of Wall Street projections for the rest of the year. The report failed to impress investors accustomed to fast-paced growth from the streaming video pioneer. …
Netflix shares drop as Brazilian tax dispute hits earnings Read More »
(Refiles to amend byline, no changes to text) By Rene Wagner and Maria Martinez BERLIN (Reuters) -China overtook the U.S. as Germany’s largest trading partner in the first eight months of 2025, regaining the top spot as higher tariffs weighed on German exports to the United States, preliminary data from the German statistics office showed. …
China overtakes US as Germany’s top trading partner Read More »
(Reuters) -President Donald Trump’s administration is preparing a new probe into drug pricing practices among U.S. trading partners, a move that would lay the ground for fresh tariffs, the Financial Times reported on Wednesday, citing sources familiar with the matter. Reuters could not immediately verify the report. The imminent investigation would consider whether U.S. trading …
Trump administration plans new probe into global drug pricing, FT reports Read More »
By Juby Babu and Krystal Hu (Reuters) -OpenAI on Tuesday unveiled ChatGPT Atlas, a long-anticipated artificial intelligence-powered web browser built around its popular chatbot, in a direct challenge to Google Chrome’s dominance. The launch marks OpenAI’s latest move to capitalize on 800 million weekly active ChatGPT users, as it expands into more aspects of users’ …
OpenAI launches AI browser Atlas in latest challenge to Google Read More »
By Harshita Mary Varghese (Reuters) -Cable giant Charter Communications is laying off close to 1,200 employees, or just over 1% of its 95,000-person workforce, a source familiar with the matter told Reuters on Tuesday. The job cuts will be related to corporate management positions within the company and will not impact sales or service roles, …
Charter lays off around 1,200 employees to streamline corporate roles, source says Read More »
