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RTX raises 2025 forecast as strong demand offsets tariff worries

By Utkarsh Shetti and Mike Stone (Reuters) -RTX raised its full-year profit and revenue forecast on Tuesday, as the aerospace and defense giant signals confidence in its ability to weather the impact of tariffs in the wake of rising demand for its missiles and aftermarket ...
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Coca-Cola tops quarterly revenue estimates on steady soda demand

(Reuters) -Coca-Cola’s revenue and profit exceeded Wall Street’s third-quarter expectations on Tuesday, helped by resilient demand for its trademark sodas and zero-sugar beverages. The company’s shares rose about 1% in premarket trading as it also maintained its annual sales and profit targets. The stock has ...
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Nasdaq quarterly profit rises as trading volumes surge

(Reuters) -Nasdaq’s profit rose in the third quarter, the exchange operator said on Tuesday, as persistent market volatility from macroeconomic and U.S. policy uncertainty boosted trading volumes. Traders actively shuffled their portfolios to navigate the Trump administration’s uncertain trade policies and growth concerns, boosting volumes ...
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Philip Morris raises annual profit forecast 

(Reuters) -Philip Morris International raised its annual profit forecast for the third time this year on Tuesday, benefiting from strong demand for its portfolio of smoking alternatives. The company expects an adjusted annual profit of $7.46 to $7.56 per share, compared with its prior forecast ...
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Firefighters contain blaze at Hungary’s main oil refinery

BUDAPEST, Hungary (AP) — Firefighters in Hungary have contained a blaze that broke out overnight at the country’s main oil refinery, authorities and Hungarian energy company MOL said Tuesday. No injuries have been reported. The fire erupted Monday night in a processing unit of the ...
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Most Americans are concerned about higher health care costs next year, an AP-NORC poll finds

WASHINGTON (AP) — Most U.S. adults are worried about health care becoming more expensive, according to a new AP-NORC poll, as they make decisions about next year’s health coverage and a government shutdown keeps future health costs in limbo for millions. About 6 in 10 ...
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GM boosts full-year outlook as it foresees a smaller impact from tariffs and 3Q results top Street

General Motors anticipates a smaller impact from tariffs and is boosting its full-year adjusted earnings forecast as its third-quarter performance topped Wall Street’s expectations. Shares surged more than 9% before the market open on Tuesday. The automaker reduced its expectations for the full-year gross impact from ...
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KKR, Portugal’s Quadrantis to buy minority stake in Fosun-owned Peak Reinsurance

(Reuters) -Global investment firm KKR and Portuguese private equity firm Quadrantis Capital will acquire a minority stake in Fosun International majority-owned Peak Reinsurance Company, the parties said on Tuesday. KKR will acquire approximately 11.3% of Peak Reinsurance from Prudential Financial, while Quadrantis will take a ...
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Japan’s next finance minister could unsettle the yen bears

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -The possible appointment of Satsuki Katayama as Japan’s next finance minister could give markets cause to rethink pushing the yen too low but might also help the country’s new leader find fresh ways to fund bold economic ...
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Factbox-US bets on Australian miners to break China’s grip on critical minerals supply

(Reuters) -U.S. President Donald Trump and Australian Prime Minister Anthony Albanese agreed on Monday to ensure a steady supply of critical minerals and rare earths, as the United States moves to reduce its reliance on Chinese supply. The U.S. Export-Import Bank (EXIM) issued seven ...
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Venture Global ready to introduce natural gas into final part of Plaquemines LNG plant, filing shows

HOUSTON (Reuters) -Venture Global has asked federal regulators for permission to introduce natural gas by Thursday into the final block of its Plaquemines LNG plant, according to a regulatory filing on Monday. If the Federal Energy Regulatory Commission grants the permission, ...
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Oil declines on oversupply fears

(Reuters) -Oil prices fell on Tuesday on concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world’s top two oil consumers, even as President Donald Trump said he expected to reach a trade deal. Brent crude futures ...
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