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General Motors lifts forecast as tariff outlook improves, shares surge 15%
GM raises annual profit forecast amid tariff reliefShares surge 15%, the best day in nearly six yearsQuarterly adjusted earnings per share of $2.80 beat expectationsTariff impact reduced to $3.5-$4.5 billion from $4-$5 billionBy Nora Eckert and Nathan Gomes Oct 21 (Reuters) - General Motors GM.N ...
Tue, Oct 21

Oil settles higher as investors focus on supply signals
Investors focus on expectations of oversupplyUS-China trade talks also in focus, Trump expects fair dealUS crude stocks expected to have risen last week - pollBy Shariq Khan NEW YORK, Oct 21 (Reuters) - Oil prices settled higher on Tuesday, bouncing off the previous session's five-month lows,...
Tue, Oct 21

Novo Nordisk's top investor seizes board control in weight-loss drug battle
Chairman, six board members to stand down next monthTop shareholder proposes new board membersFormer Novo CEO Boardroom feud comes in midst of company turnaround driveBoard and top shareholder clashed over pace of changeShares fall on fresh management turmoilBy Stine Jacobsen, Jacob Gronholt-Pederse...
Tue, Oct 21

Coca-Cola results top estimates as zero-sugar, smaller pack sizes boost sales
Coca-Cola keeps annual sales, profit targets despite challengesCompany to invest in smaller pack sizes for affordabilityInternational markets face local competition, executives sayBy Juveria Tabassum and Jessica DiNapoli Oct 21 (Reuters) - Coca-Cola's KO.N third-quarter results exceeded Wall ...
Tue, Oct 21

Takaichi elected Japan's premier, shattering glass ceiling with hard-right turn
Takaichi becomes Japan's first female prime ministerTakaichi's election marks a shift to the right in JapanEquity markets optimistic about Takaichi's economic policiesBy Mariko Katsumura and Tim Kelly TOKYO, Oct 21 (Reuters) - Hardline conservative Sanae Takaichi was elected Japan'...
Tue, Oct 21

General Motors surges on annual core profit forecast raise
** Shares of General Motors GM.N rise nearly 12% to about $65 in early trading** Co raises annual core profit forecast to $12.0 billion-$13.0 billion from $10.0 billion-$12.5 billion earlier, as it expects lower hit from tariffs** Lifts 2025 adj. EPS forecast to $9.75-$10.50 from $8.25-$10.00 ** Q3 ...
Tue, Oct 21

RTX jumps after full-year earnings forecast raise
Shares of RTX RTX.N surge 10% to $177.07.Aerospace firm raises its 2025 profit, revenue forecast on strong demand for its Pratt & Whitney airplane engines and defense products.
Tue, Oct 21

Citi plans to pull lead from LME Singapore warehouses
Citigroup C.N is planning to withdraw large amounts of lead from London Metal Exchange (LME) approved warehouses in Singapore, four industry sources said, as the bank seeks alternative rent-sharing deals.
Tue, Oct 21

Gold retreats after record surge, investors await key US CPI data
Gold prices fell over 3% on Tuesday, as the dollar firmed and investors booked profits after expectations of U.S. interest rate cuts and sustained safe-haven demand drove the yellow metal to a fresh record high in the previous session.
Tue, Oct 21

CORRECTED-WRAPUP 1-Europeans say Ukraine battle lines must be start point for talks, as Trump-Putin summit plans hit snags
Summit preparations appear stalled after Rubio-Lavrov meeting postponedEuropean leaders concerned Trump may fail to secure concessionsPoland warns Putin against crossing its airspace for summit Oct 21 (Reuters) - European leaders said on Tuesday that current battle lines in Ukraine must be the st...
Tue, Oct 21

Growth at a cost: Tesla's cheaper EVs might revive sales but squeeze profit
SAN FRANCISCO, Oct 21 (Reuters) - The profitability of Tesla's TSLA.O so-called affordable new cars will be in focus when the electric vehicle maker reports quarterly results on Wednesday, and analysts think that thousands of dollars in cost cuts per vehicle will not be quite enough to protect profi
Tue, Oct 21

Trump's approval edges up despite Americans blaming Republicans for shutdown
WASHINGTON, Oct 21 (Reuters) - Americans blame Republican lawmakers more than Democratic lawmakers for a partial government shutdown, according to a new Reuters/Ipsos poll that also showed Republican President Donald Trump's approval rating increasing slightly.
Tue, Oct 21
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Novo Nordisk fights to keep Medicaid paying for weight-loss drugs
Oct 21 (Reuters) - Novo Nordisk, which lobbied to win Medicaid reimbursement for its obesity drug Wegovy, is fighting to keep that coverage as some U.S. states struggle with the treatment's costs, according to state documents, company emails and interviews with lawmakers and advocates.
Tue, Oct 21

Gold takes a breather after record rally, focus turns to US CPI data
Oct 21 (Reuters) - Gold prices fell over 2% on Tuesday as investors booked profits after the metal hit another record high in the previous session, driven by expectations of U.S. interest rate cuts and strong safe-haven demand.
Tue, Oct 21

BofA sees retail as key growth avenue for private markets
From the U.S. to Singapore to the UK, everyday investors are increasingly being offered a slice of the private markets pie - along with a share of the risks - in a massive market increasingly underpinned by AI giants.
Tue, Oct 21

Coca-Cola up after co beats Q3 profit and revenue estimates
Shares of Coca-Cola up 2.5% at $70.15 premarket
Tue, Oct 21

[Reuters Analysis] US-Australia rare earths deal is a start but won't shake China dominance any time soon
U.S., Australia sign critical minerals agreementBoth countries combined commit $3 bln to critical projectsDeal aimed at countering China's dominance of the sectorIndustry welcomes support; doubts if time frame is achievable.
Tue, Oct 21

Nikkei extends record rally as Japan makes history with first female PM
Market focus on Takaichi's cabinet for economic policy directionKatayama likely to be appointed finance minister, FNN reportsYen weakens, JGB yields fall following votes in parliamentBy Rocky Swift TOKYO, Oct 21 (Reuters) - Japan's Nikkei share gauge closed at a record high on Tuesday, le...
Tue, Oct 21

South Korea, Taiwan stocks scale new records on trade deal optimism
Oct 21 (Reuters) - Equities in South Korea and Taiwan set new records on Tuesday as optimism about Seoul's trade deal with the United States and enthusiasm for AI-related investments kept the appetite for risk assets running hot.
Tue, Oct 21

Concerned carmakers race to beat China's rare earths deadline
LONDON/BERLIN, Oct 21 (Reuters) - Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives worried they could lead to parts shortages and plant closures.
Tue, Oct 21



