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Fortive quarterly profit falls on sluggish demand but beats estimates
July 30 (Reuters) - Fortive FTV.N on Wednesday beat second-quarter profit estimates, as higher margins at its healthcare segment and lower operating costs at its larger intelligent operating solutions segment, offset softening demand for the company's industrial products.Shares of the maker of i...Reuters
Wed, Jul 30
Dorian LPG Ltd expected to post earnings of 69 cents a share - Earnings Preview
Dorian LPG Ltd LPG.N, LPG is expected to show a fall in quarterly revenue when it reports results on August 1 for the period ending June 30 2025The Stamford Connecticut-based company is expected to report a 18.8% decrease in revenue to $92.815 million from $114.35 million a year ago, according to...Reuters
Wed, Jul 30
Russia says it's worried about threat of new strikes on Iranian nuclear facilities
MOSCOW, July 30 (Reuters) - Russia said on Wednesday it was concerned about the threat of new strikes on Iran's nuclear facilities, and that a deal on Tehran's nuclear programme could be reached through dialogue.Israel and the United States bombed Iranian nuclear sites in June with the state...Reuters
Wed, Jul 30
Smurfit Westrock: Nothing to suggest demand set to improve very quickly
July 30 (Reuters) - Smurfit WestRock PLC SW.N call with analysts:SMURFIT WESTROCK CFO: DON'T SEE ANY CHANGE IN FLOWS OF IMPORTS OR EXPORTS OF PAPER IN OR OUT OF NORTH AMERICA BASED ON TARIFFS AS THEY ARE TODAYSMURFIT WESTROCK CFO: NOTHING YET TO SUGGEST DEMAND PICTURE WILL CHANGE VERY QUICKLY, V...Reuters
Wed, Jul 30
Trump says US to impose 25% tariff on India from Aug 1
WASHINGTON, July 30 (Reuters) - U.S. President Donald Trump said on Wednesday that United States will impose a 25% tariff on goods imported from India starting on Aug. 1."While India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far t...Reuters
Wed, Jul 30
Ardmore Shipping Q2 revenue, profit beats expectations
OverviewArdmore Shipping Q2 adj attributable net income falls to $9.0 mln from $47.6 mln in 2024Q2 revenue of $72.0 mln missed analyst expectations, per LSEG dataCo to acquire three MR tankers for $103.9 mln, deliveries by Q3 2025OutlookArdmore expects Q3 MR Eco-Design tanker TCE rate at $25,450 per...Reuters
Wed, Jul 30
Rio Tinto logs smallest first-half profit in five years on lower iron ore prices
Rio Tinto first-half profit drops 16% to $4.81 billionInterim dividend drops to $1.48, lowest in seven yearsFocus shifts to copper and lithium due to strong demandBy Melanie Burton, Sameer Manekar and Clara Denina July 30 (Reuters) - Rio Tinto reported its smallest first-half underlying profit si...Reuters
Wed, Jul 30
Helion Energy starts construction on nuclear fusion plant to power Microsoft data centers
By Stephen Nellis SAN FRANCISCO, July 30 (Reuters) - Helion Energy, a startup backed by OpenAI's Sam Altman and SoftBank's venture capital arm, has started construction on a site for a planned nuclear fusion power plant that will supply power to Microsoft MSFT.O data centers by 2028, the ...Reuters
Wed, Jul 30
Spain's Cox eyes Iberdrola's Mexican assets and other deals to fuel growth, CEO says
By Pietro Lombardi MADRID, July 30 (Reuters) - Spanish water and renewable energy company Cox COXGA.MC is considering buying Iberdrola's IBE.MC assets in Mexico, CEO Nacho Moreno told Reuters on Wednesday, as part of the company's strategy to pursue growth through acquisitions."What I...Reuters
Wed, Jul 30
Utility WEC Energy posts higher profit on strong residential sales
July 30 (Reuters) - WEC Energy Group WEC.N reported a 16% increase in second-quarter profit on Wednesday, as the utility company benefited from higher sales in its residential segment.Power demand surged as extreme heat during the summer months drove up the use of cooling appliances such as air cond...Reuters
Wed, Jul 30
Gold Price Forecast: XAU/USD remains bearish, with $3,345 likely to hold bulls
Gold (XAU/USD) is moving higher on Wednesday, favoured by a somewhat softer US Dollar, as investors trim their recent USD long positions ahead of the US Preliminary GDP release and the Fed monetary policy decision, due later today.Fxstreet
Wed, Jul 30
Monro Q1 sales rise 2.7%, beat estimates
OverviewMonro fiscal Q1 sales rise 2.7% to $301 mln, beating analyst expectationsAdjusted EPS of $0.22 beats estimates, despite store closures impacting costsCompany closed 145 underperforming stores, focusing on operational improvementsOutlookMonro is not providing fiscal 2026 financial guidance at...Reuters
Wed, Jul 30
Amerigo Q2 revenue misses estimates
OverviewAmerigo Q2-2025 revenue misses analyst expectations, net income $7.5 mlnCompany returned $7.6 mln to shareholders via dividends and buybacksAmerigo's EBITDA for Q2-2025 was $17.8 mlnOutlookAmerigo aims to be debt-free by year-end 2025Company expects strong long-term global copper demandA...Reuters
Wed, Jul 30
CORRECTED-Russia says it is concerned about threat of new strikes on Iranian nuclear facilities
MOSCOW, July 30 (Reuters) - Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday that Moscow was concerned about the threat of new strikes on Iran's nuclear facilities, and a deal on Tehran's nuclear programme could be reached through dialogue.Israel and the United States b...Reuters
Wed, Jul 30
JDE Peet's sees small impact from tariffs as duties hang over Brazil coffee
JDE Peet's CEO sees small direct impact from US tariffsIts coffee supplies are less exposed to Brazil than peersShares soar 11% after earnings beat and outlook hikeBy Mateusz Rabiega July 30 (Reuters) - The CEO of JDE Peet's JDEP.AS said on Wednesday that U.S. coffee prices would have to ...Reuters
Wed, Jul 30
Asia Naphtha/Gasoline-Naphtha price rises to over $600/t, gasoline crack steady
NEW DELHI, July 30 (Reuters) - Asia's naphtha price jumped on Wednesday after a powerful earthquake triggered a tsunami warning in Japan.The price for first-half September naphtha rose by about $19 to $609.75 per metric ton over Brent crude.Traders said refineries face the risk of shutting down ...Reuters
Wed, Jul 30
PRESS DIGEST-Canada - July 30
July 30 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL - Bell BCE.TO and Telus T.TO are embroiled in a legal battle, with Bell accusing Telus sales reps of promoting ...Reuters
Wed, Jul 30
Bangladesh to buy 220,000 T wheat from US in bid to cool tariffs, official says
DHAKA, July 30 (Reuters) - Bangladesh's government has approved the purchase of about 220,000 metric tons of wheat from the United States as part of efforts to cool U.S. trade tensions and reduce steep import tariffs imposed by the Trump administration, a Bangladeshi official said on Wednesday.T...Reuters
Wed, Jul 30
RPT-SPECIAL REPORT-Less rain, more wheat: How Australian farmers defied climate doom
Australia's wheat productivity gains exceed US, Europe, despite climate threatInnovations in seeds, planting, cultivation boost wheat yieldsAustralia's research system, focus on closing yield gap help drive successBy Peter Hobson MERREDIN, Australia, July 30 (Reuters) - In a newly sown wh...Reuters
Wed, Jul 30
