Author Archives: Syndicated Content
Cummins posts quarterly profit beat on strong demand for power products from data centers
(Reuters) - Cummins Inc beat third-quarter profit estimates on Tuesday, due to robust demand for its power generation products from data centers, sending the shares of the company up more than 4% in p...
Nov 05, 2024
Chile's Codelco seeks permit for $650 million Andina water project
SANTIAGO (Reuters) - Chile's state copper giant Codelco has applied for an environmental permit for a $650 million project to make water use in its Andina mine more sustainable, the company said on Tu...
Nov 05, 2024
Imports boost US trade deficit to nearly 2-1/2-year high in September
By Lucia Mutikani WASHINGTON (Reuters) -The U.S. trade deficit surged to nearly a 2-1/2-year high in September as businesses boosted imports to meet robust domestic demand and in anticipation of highe...
Nov 05, 2024
Italy puts ITA-Lufthansa deal on hold due to price dispute, sources say
ROME/FRANKFURT (Reuters) -Italy's Treasury has put on hold the sale of a minority stake in ITA Airways to Lufthansa because of a dispute with the German carrier over the agreed price, two sources fami...
Nov 05, 2024
Canada posts higher-than-expected trade deficit in September on lower prices
By Promit Mukherjee and Fergal Smith OTTAWA (Reuters) -Canada posted a higher than expected trade deficit of C$1.26 billion ($908 million) in September mainly on account of lower prices which pulled d...
Nov 05, 2024
Glass Lewis urges News Corp investors to back plan to collapse dual-class voting structure
NEW YORK (Reuters) - Proxy advisory firm Glass Lewis on Tuesday urged News Corp investors to back a plan to end the company's dual-class voting structure, lending additional support to an activist hed...
Nov 05, 2024
Expeditors International beats Q3 estimates on early freight moves
(Reuters) - Logistics company Expeditors International of Washington reported third-quarter results above estimates on Tuesday, driven by increasing tonnage and volumes as some shippers moved freight ...
Nov 05, 2024
Brazil continues high-level talks on spending control measures
BRASILIA (Reuters) - Brazil's government continued high-level discussions on Tuesday towards the announcement of anticipated spending control measures seen as crucial for sustaining fiscal rules, thou...
Nov 05, 2024
Russian court fines Apple for not deleting two podcasts, RIA reports
MOSCOW (Reuters) - A Moscow court on Tuesday fined U.S. technology giant Apple 3.6 million roubles ($36,889) for refusing to remove two podcasts that contained "information aimed at destabilising the ...
Nov 05, 2024
Canada's services PMI shows return to growth in October
By Fergal Smith TORONTO (Reuters) - Canada's services economy expanded for the first time in five months in October as the amount of new business increased and confidence in the outlook improved, S&P ...
Nov 05, 2024
