Clear 32°. Wind Chill: 29°. Wind: S 5 mph.
Trending: Fortis Healthcare to acquire Bengaluru’s People Tree Hospital for 4.3 billion rupees
HomeNewsNationalBusiness ( Page 141)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Exxon beats Q3 profit estimates on higher Guyana, Permian production

By Sheila Dang HOUSTON (Reuters) -Exxon Mobil beat Wall Street estimates for third-quarter earnings on Friday, underpinned by higher oil and gas production in Guyana and the Permian Basin, which offset lower oil prices. Adjusted earnings during the July-to-September quarter were $8.1 billion, or $1.88 per ...
by

Ample supply, subdued demand to curb oil prices despite geopolitical risks: Reuters poll

By Sarah Qureshi (Reuters) -Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset geopolitical risks to supply, a Reuters poll showed on Friday. A survey of 36 economists and analysts conducted in October forecasts Brent crude will ...
by

Israel puts off signing $35 billion gas deal with Egypt, prompts US energy secretary to cancel visit

JERUSALEM (AP) — Israeli Energy Minister Eli Cohen has said that his refusal to sign a $35 billion gas agreement with Egypt has prompted his U.S. counterpart to cancel a planned trip to Israel. A statement from Cohen’s office on Thursday night said that U.S. ...
by

Exxon posts strong quarterly earnings with production in Guyana and the Permian Basin picking up

Exxon Mobil reported strong a strong third-quarter performance Friday, bolstered by strong Guyana and Permian Basin production. Exxon earned $7.55 billion, or $1.76 per share, for the period ended Sept. 30. It earned $8.61 billion, or $1.92 per share, in the prior-year period. Removing one ...
by

Asian shares poised for 7th month of gains; dollar climbs

By Stella Qiu SYDNEY (Reuters) -Asian shares are set for a seventh straight month of gains on Friday, after upbeat earnings from Amazon and Apple buoyed Wall Street futures and the dollar hovered near three-month highs on uncertainty over further Federal Reserve rate cuts. Nasdaq futures ...
by

Anduril opens Australian factory to build undersea ‘Ghost Shark’ drones

SYDNEY (Reuters) -U.S. defence firm Anduril Industries on Friday opened a new manufacturing facility in Sydney to produce undersea drones known as “Ghost Sharks” and deliver on its A$1.7 billion ($1.1 billion) supply contract with Australia’s navy. Australia in September awarded Anduril the contract to ...
https://www.osfhealthcare.org/c/only-at-osf-w
by

What the latest Fed rate cut means for your money — even if the next one is not certain

By Lauren Young NEW YORK (Reuters) -The U.S. Federal Reserve cut its key interest-rate target by a quarter of a percentage point on Wednesday. But Fed Chair Jerome Powell cautioned that another move in 2025 is not guaranteed.  “A further reduction in the policy rate at ...
by

China’s factory activity contracts for 7th month, reflecting tariffs pressure on trade

HONG KONG (AP) — China’s factory activity contracted for the seventh consecutive month in October, the government said Friday, as a newly announced truce in the trade war between the U.S. and China offers some hope for a stronger recovery in exports. The official manufacturing ...
by

China factory activity shrinks for seventh month in October, PMI shows

BEIJING (Reuters) -China’s factory activity shrank for a seventh month in October, an official survey showed on Friday, suggesting the need for more stimulus to boost domestic demand, with efforts to ship goods abroad merely exporting price wars. The official purchasing managers’ index (PMI) fell ...
by

Analysis-After trade truce, China becomes a bit more investible

By Rae Wee and Jiaxing Li SINGAPORE/HONG KONG (Reuters) -China’s latest trade truce with the United States removes one big deterrent for foreign investors who’ve been circumspect all year about investing in a stock market that’s outrun most other major ones with its strongest annual ...
by

Oil heads for third monthly decline as strong dollar, ample supply weigh

By Florence Tan SINGAPORE (Reuters) -Oil prices eased on Friday, heading for a third straight monthly decline, as a stronger dollar capped commodities gains while rising supply from major producers globally offset the impact of Western sanctions on Russian exports. Brent crude futures slipped 33 cents, ...
by

Dollar at three-month high as markets puzzle over outlook

By Gregor Stuart Hunter SINGAPORE (Reuters) -The U.S. dollar held its ground in early Asian trade on Friday after reaching a three-month high as traders processed mixed signals from this week’s central bank decisions, tech sector earnings and a tentative U.S.-China tariff truce. ...
First Previous137138139140141142143144145Next Last