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Exclusive-Rio Tinto weighs sale of titanium business, sources say

By Clara Denina, Ernest Scheyder and Melanie Burton (Reuters) -Rio Tinto is considering a possible sale of its titanium unit due to weak prices and low returns, three sources said, just as incoming CEO Simon Trott will weigh up a restructuring of the world’s second-largest ...
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Keurig Dr Pepper quarterly revenue beats expectations fueled by US demand

(Reuters) -Keurig Dr Pepper reported second-quarter slightly revenue above Wall Street expectations on Thursday, driven by strong demand for its energy drinks and soft beverages, especially in the U.S. WHY IT IS IMPORTANT The Snapple maker enjoyed resilient demand for its higher-priced ready-to-drink beverages, including Yoo-Hoo ...
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For some employees, education benefits such as tuition assistance prove life-changing

NEW YORK (AP) — After five years of working long nights as a truck driver, Julius Mosley wanted a change. He found driving unfulfilling, and his teenage son needed him to spend more time at home. So Mosley took a job as a customer service ...
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Loblaw beats quarterly estimates as Canadian shoppers turn to local and discount brands

(Reuters) -Canadian retailer Loblaw Companies Ltd beat second-quarter revenue and profit estimates on Thursday, driven by strong demand for essential products such as groceries and medicines at its Real Canadian Superstore locations and discount banners, including Maxi. Consumers seeking lower-priced alternatives across categories ranging from ...
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US, Indonesia discussing strategic management of critical minerals trade, minister says

By Stefanno Sulaiman JAKARTA (Reuters) -The United States and Indonesia are discussing joint measures to monitor and manage trade in Indonesian critical minerals that have strategic value, an Indonesian minister said on Thursday as he gave details of ongoing talks between the two countries. Indonesia is ...
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Green bond issuance dives almost a third amid climate backtracking

(Corrects source of data to Sustainable Fitch from Fitch Ratings) By Marc Jones LONDON (Reuters) -The amount of “green” bonds sold by governments, banks and companies has slumped by almost a third this year amid the rollback of climate change policies in the United States ...
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Morning Bid: Trade relief, business lift and market high

By Mike Dolan LONDON (Reuters) – What matters in US and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Hopes for a U.S.-Europe trade deal and signs of rebounding world business confidence are driving world stocks to new highs this morning, ...
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Lazard profit rises as advisory business gets a lift from dealmaking rebound

(Reuters) -Investment bank Lazard reported an 11% jump in second-quarter profit on Thursday, as a rebound in dealmaking activity lifted its advisory revenue. Dealmaking grinded to a halt in April as tariff-driven uncertainty dampened corporate confidence and companies held back from pursuing deals. But activity ...
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Valero Energy reports fall in second-quarter profit on lower throughput

(Reuters) -Refiner Valero Energy reported a fall in second-quarter profit on Thursday, hurt by lower throughput volumes and a loss in its renewable diesel segment. Valero said earlier this year it plans to operate its 14 refineries at up to 88% of their combined total ...
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Syria and Saudi Arabia sign more than $6 billion in investment deals

DAMASCUS, Syria (AP) — Syria and Saudi Arabia announced 47 investment agreements, valued at over $6 billion, in Damascus on Thursday, marking a significant step in rebuilding Syria’s war-battered economy. The agreements signed at the Syrian-Saudi Investment Forum cover a wide range of sectors, including ...
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Ukraine’s Zelenskyy promises safeguards after street protests over a new anti-corruption law

KYIV, Ukraine (AP) — Opponents of a new law they say strips Ukraine’s anti-corruption watchdogs of their independence called for a third straight day of street protests across the country Thursday, despite President Volodymyr Zelenskyy’s attempts to defuse the tension with promises of legislative ...
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Analysis-Tesla faces difficult road ahead as it hopes robotaxis will offset declining sales

By Chris Kirkham, Akash Sriram and Abhirup Roy LOS ANGELES (Reuters) -Tesla and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric vehicle sales and an autonomous driving business that has yet to get off the ground.  On Wednesday’s ...
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