(Reuters) -World’s top potash producer Nutrien said on Tuesday it has started a controlled shutdown of its Trinidad nitrogen operations at the Point Lisas facility, effective October 23. The company cited port access restrictions imposed by Trinidad and Tobago’s National Energy Corporation and a lack of reliable, economic natural gas supply, which has reduced the …
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By Utkarsh Shetti and Mike Stone (Reuters) -U.S. defense contractor Lockheed Martin raised its 2025 forecast for revenue and profit on Tuesday, driven by sustained demand for its fighter jets and munitions amid escalating geopolitical tensions. Shares of the company initially rose 3.5%, but returned to almost no change in premarket trading in New York. …
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(Reuters) -Walmart on Tuesday unveiled its 2025 Thanksgiving meal basket priced at under $4 per person, the lowest since the retailer launched the program in 2022, as U.S. shoppers contend with persistent inflation and wider economic uncertainty. The basket, which is meant for 10 people, includes more than 20 items, such as a turkey, potatoes, …
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By Utkarsh Shetti and Mike Stone (Reuters) -Northrop Grumman raised its 2025 profit forecast for a second straight quarter on Tuesday, as the defense contractor expects continued demand for its weapons and military aircraft. Conflicts in the Middle East and a protracted Russia-Ukraine war have prompted a surge in demand for missiles and fighter jets, …
Northrop raises annual profit forecast on strong demand Read More »
SAO PAULO (Reuters) -Brazilian planemaker Embraer’s firm order backlog stood at a record $31.3 billion at the end of the third quarter, up 38% from a year earlier, according to a securities filing. The company delivered 62 aircraft in the period, a 5% increase from the 59 deliveries in the same quarter of 2024, it …
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By Mike Dolan (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets While U.S. and world markets got a bounce to start the week, spurred by optimism on trade, hopes for an end to the Washington shutdown and some relief from regional bank jitters, the Wall Street …
By Jason Lange WASHINGTON (Reuters) -Americans blame Republican lawmakers more than Democratic lawmakers for a partial government shutdown, according to a new Reuters/Ipsos poll that also showed Republican President Donald Trump’s approval rating increasing slightly. The six-day poll, which closed on Monday, showed Trump’s approval at 42%, up 2 percentage points from earlier in the month, …
Trump’s approval edges up despite Americans blaming Republicans for shutdown Read More »
By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) -Financial tech firms are using AI to try to persuade Russians to cash in their gold at automated machines, although despite this year’s more than 60% price rally they are facing scepticism. Russia, which holds more than a third of its reserves in gold, authorised automated sales …
AI-driven ATMs target sceptical Russians to cash in their gold Read More »
By Manya Saini (Reuters) -Companies looking to sidestep disruptions to their initial public offerings caused by the U.S. government shutdown can tap a provision that allows them to press ahead with their listing plans without the need for regulatory approvals. Biotech startup MapLight became the first company to file for a listing under the provision …
Explainer-How companies are steering IPO plans amid US government shutdown Read More »
By Heejin Kim SEOUL (Reuters) -Korean Air <003490 KS> reported a drop in cargo revenue for the third quarter of its financial year, as the carrier saw increased risks from tariffs by the U.S. and China. The nation’s largest carrier said in its earnings report on Tuesday that revenue from its cargo business slipped 4.7% …
