Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
AMD forecasts misses estimates, shares drop
By Chavi Mehta and Stephen Nellis (Reuters) -Chip designer Advanced Micro Devices forecast fourth-quarter revenue and gross margins below Wall Street estimates on Tuesday, hurt by a weak gaming market...
Oct 31, 2023
Chesapeake Energy posts lower quarterly profit
(Reuters) - U.S. natural gas firm Chesapeake Energy posted a sharp drop in third-quarter profit on Tuesday, hurt by lower prices. U.S. natural gas prices averaged $2.78 per million British thermal uni...
Oct 31, 2023
Canada optimistic about digital services tax agreement with US
OTTAWA (Reuters) - Canadian Finance Minister Chrystia Freeland said on Tuesday she was cautiously optimistic about settling a dispute with the United States about Ottawa's planned digital services tax...
Oct 31, 2023
Jury hits National Association of Realtors, real estate companies with $1.8 billion in damages
By Mike Scarcella (Reuters) -A U.S. jury on Tuesday said the National Association of Realtors and several real estate companies, including units of Warren Buffett's Berkshire Hathaway, must pay $1.78 ...
Oct 31, 2023
Automakers oppose Cleveland-Cliffs push to buy U.S. Steel
By David Shepardson WASHINGTON (Reuters) -A group representing major automakers on Tuesday said the industry opposes steelmaker Cleveland-Cliffs' proposed acquisition of U.S. Steel, saying it would in...
Oct 31, 2023
Benchmark 10-year Treasury yield could top 7%: Ned Davis Research
By David Randall NEW YORK (Reuters) - Investors should be prepared for long-duration Treasury yields to reach 7% if the U.S. economy skirts a widely anticipated recession, Ned Davis Research warned in...
Oct 31, 2023
Denbury shareholders approve merger with Exxon Mobil
(Reuters) - Denbury said on Tuesday its shareholders approved the company's merger with Exxon Mobil, with the deal closing expected on Nov. 2. Exxon Mobil in July agreed to buy the Plano, Texas-based ...
Oct 31, 2023
US crude output reaches monthly record in August at 13.05 million bpd -EIA
By Stephanie Kelly NEW YORK (Reuters) - U.S. field production of crude oil rose to a new monthly record in August at 13.05 million barrels per day, the Energy Information Administration said on Tuesda...
Oct 31, 2023
Renault’s Ampere ambitions tested by choppy IPO, slow EV markets -sources
By Mathieu Rosemain, Silvia Aloisi and Pablo Mayo Cerqueiro PARIS/LONDON (Reuters) - Weaker electric vehicle (EV) demand, increased competition from China and market volatility are complicating French...
Oct 31, 2023
US offshore wind writedowns seen soaring with Orsted earnings
By Scott DiSavino (Reuters) - European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840 mill...
Oct 31, 2023
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