Clear 31°. Wind Chill: 17°. Wind: W 13 mph.
Loading advertisement…
Trending: Trump endorses county executive for NY governor, days after longtime ally Stefanik suspends campaign
HomeNewsNationalBusiness ( Page 153)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Adidas sales decline in North America as Yeezy impact and tariffs bite

By Linda Pasquini and Helen Reid (Reuters) -Adidas’ group sales dipped 5% in North America in the third quarter, weighed down by the end of the popular Yeezy sneaker line last year and a volatile global environment affected by U.S. tariffs. Global revenues, meanwhile, grew 3% ...
by

Big Oil earnings expected to edge up as analysts eye 2026 outlook

By Sheila Dang, Shadia Nasralla and Stephanie Kelly HOUSTON/LONDON (Reuters) -Big Oil may see marginally higher oil prices and stronger refining results boost third quarter results after declining earnings over the past year, but some analysts are more interested in how global oil majors set ...
by

German engineering body warns US tariff expansion to hit over half of machinery exports

(Corrects day in paragraph 1 to Wednesday, not Tuesday) BERLIN (Reuters) -More than half of German and European machinery exports to the United States could be hit by new tariffs if Washington expands its list in December, Germany’s VDMA said on Wednesday, urging the ...
by

Outokumpu misses earnings forecast, to invest $45 million in pilot plant in US

By Jagoda Darlak (Reuters) -Finnish stainless steel maker Outokumpu reported third-quarter core profit below market expectations on Wednesday and said it was investing $45 million in a new pilot plant in the United States. The company’s adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) fell ...
by

Santander books record Q3 profit as strong US unit offsets weaker Brazil

By Jesús Aguado MADRID (Reuters) -Spain’s Santander bank reported a 7.8% year-on-year rise in its third-quarter net profit, saying a strong performance in its U.S. business offset lower lending income and some weakness in Brazil. The net profit of 3.5 billion euros ($4.08 billion) in the ...
by

Trump’s charm offensive in Asia sends Nikkei 225 to record heights

BANGKOK (AP) — Shares were mostly higher Wednesday in Asia as Japan’s benchmark Nikkei 225 index surged more than 2% to another record. U.S. futures were mixed and oil prices were little changed. U.S. President Donald Trump has been touring Asia and his upbeat comments ...
Loading advertisement…
by

European shares flat; earnings, Fed’s rate decision in focus

(Reuters) -European shares were flat on Wednesday, with investors assessing a slew of corporate earnings while awaiting the U.S. Federal Reserve’s rate decision later in the day. The continent-wide STOXX 600 index was flat at 575.66 points, as of 0812 GMT. The Fed is widely ...
by

Exclusive-Saudi Arabia plans to refocus $925 billion fund after gigaproject delays, source says

By Yousef Saba and Federico Maccioni RIYADH (Reuters) -Saudi Arabia is preparing to shift its $925 billion sovereign wealth fund away from a focus on real estate gigaprojects that have dominated its development goals for the last decade, a source with direct knowledge of the ...
by

Walmart’s Mexico unit posts 9% drop in Q3 profit, below forecasts

(Reuters) -Walmart’s Mexico and Central America unit reported on Tuesday a 9% drop in its third-quarter net profit, according to a filing with the Mexican stock exchange, landing below analysts’ forecasts. Net profit for Mexico’ largest retailer, which operates Walmart, Sam’s Club and Bodega Aurrera ...
by

Australia’s Lynas plans to build new rare-earth facility in Malaysia

(Reuters) -Australia’s Lynas Rare Earths said on Wednesday it would set up a new heavy rare earth separation facility in Malaysia for around A$180 million ($116.96 million) to meet strong market demand for oxides sourced outside China.   The new facility will have the capacity to ...
by

New Zealand central bank says its cut nearly 20% of staff since March

WELLINGTON (Reuters) -New Zealand’s central bank said in documents released on Wednesday that it had cut nearly 20% of its staff since March. The central bank had previously announced it was undergoing a significant restructure after the government said in April that the bank’s ...
by

Automakers may halt output in Brazil if chips crisis persists, says government official

BRASILIA (Reuters) -Some automakers may halt operations in Brazil within two to three weeks if the global chips supply crisis continues, an official said on Tuesday, adding the Brazilian government is contacting Chinese authorities to find a solution. Uallace Moreira, a secretary in Brazil’s Development, ...
First Previous149150151152153154155156157Next Last