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Baker Hughes Co Confident In Achieving $1.5 Billion Of Data Center Orders Ahead Of Our Original Three-Year Timeline - Presentation
Oct 24 (Reuters) - Baker Hughes Co BKR.O:: CONFIDENT IN ACHIEVING $1.5 BILLION OF DATA CENTER ORDERS AHEAD OF OUR ORIGINAL THREE-YEAR TIMELINE - PRESENTATIONBAKER HUGHES: CONTINUE TO EXPECT 2025 GLOBAL UPSTREAM SPENDING TO DECLINE BY HIGH-SINGLE DIGITS; ANTICIPATE MODEST YOY DECLINE IN 2026OUTLOOK B...Reuters
Thu, Oct 23
Norfolk Southern beats quarterly profit on strong merchandise volumes
By Anshuman Tripathy Oct 23 (Reuters) - U.S. railroad operator Norfolk Southern NSC.N beat Wall Street estimates for third-quarter profit on Thursday, aided by strong volumes in its merchandise segment in its first earnings report since the merger announcement aimed at creating the nation's ...Reuters
Thu, Oct 23
US Cash Crude-Grades mixed on second day of volatile roll trade period
Oct 23 (Reuters) - Physically traded U.S. crude grades were mixed on Thursday, dealers said, on the first full day of the volatile roll trading period. Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U.S. c...Reuters
Thu, Oct 23
Baker Hughes beats profit estimates on strong industrial and energy tech demand
Oct 23 (Reuters) - Oilfield services provider Baker Hughes BKR.O on Thursday beat Wall Street estimates for third-quarter profit, driven by strength in its industrial and energy technology (IET) business.As oilfield services firms navigate a volatile market, resilient areas like LNG infrastructure, ...Reuters
Thu, Oct 23
US, Abu Dhabi governments to invest $1.8 billion with Orion into critical minerals
Investment aims to counter China's mineral supply restrictionsOrion Critical Mineral Consortium targets $5 billion growthFocus on production-ready projects to supply U.S. and alliesBy Ernest Scheyder Oct 23 (Reuters) - The U.S. and Abu Dhabi governments will invest $1.8 billion into mining an...Reuters
Thu, Oct 23
Some US courts to limit operations on Fridays due to government shutdown
By Nate Raymond Oct 23 (Reuters) - Several federal district courts plan to tell some employees not to come to work on Friday and one plans to close entirely for the day, as the judiciary continues reducing operations after running out of funds it had used to sustain paid operations during the U.S...Reuters
Thu, Oct 23
EXCLUSIVE-ConocoPhillips to lay off Canada employees in November, company memo shows
Layoffs part of plan to cut global workforce by 25%Canadian employees to be notified in early NovemberU.S. oil price drop pressures companies to cut staffBy Amanda Stephenson, Georgina McCartney and Arathy Somasekhar CALGARY/HOUSTON, Oct 23 (Reuters) - U.S. oil company ConocoPhillips COP.N is lay...Reuters
Thu, Oct 23
Baker Hughes beats third-quarter profit estimates
Oct 23 (Reuters) - Oilfield services provider Baker Hughes BKR.O surpassed Wall Street expectations for third-quarter profit on Thursday, helped by strength in its industrial and energy technology unit.The Houston-based company posted an adjusted profit of 68cents per share for the three months ende...Reuters
Thu, Oct 23
CBOT wheat ends higher as crude oil lifts grains; firm cash markets
CHICAGO, Oct 23 (Reuters) - Chicago Board of Trade wheat futures rose on Thursday with the benchmark December contract WZ25 posting a two-week high, supported by firming domestic cash markets and spillover strength from crude oil, corn and soybeans, traders said. CBOT December soft red winter whe...Reuters
Thu, Oct 23
Gold Royalty's Q3 revenue jumps on improved gold prices
OverviewGold Royalty's Q3 total revenue, land agreement proceeds and interest rise 76% yr/yr to $4.6 mlnCompany expects to be nearly debt-free by end of 2026OutlookGold Royalty expects 2025 GEOs around or modestly below 5,700-7,000 ounces rangeCompany anticipates record-level cash flows in 2025...Reuters
Thu, Oct 23
CIF/FOB Gulf Grain-Soybean barge bids pull back slightly
CHICAGO, Oct 23 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals pulled back a bit on Thursday after jumping on Wednesday, traders said.Traders effectively dismissed a rumor that China had bought U.S. soybeans.China, the world's top soy importer, has been absent ...Reuters
Thu, Oct 23
CBOT soybeans lifted by crude oil's surge, US-China trade optimism
CHICAGO, Oct 23 (Reuters) - Chicago Board of Trade soybean futures rose on Thursday to a one-month top, spurred by a jump in crude oil CLc1 following U.S. sanctions on Russia's two biggest oil firms, along with hopes for progress in U.S.-Chinese trade talks, traders said.U.S. President Donald Tr...Reuters
Thu, Oct 23
EXCLUSIVE-ConocoPhillips to layoff Canada employees in November, company memo shows
HOUSTON, Oct 23 (Reuters) - U.S. oil producer ConocoPhillips COP.N will begin layoffs at its Canadian operations in the first week of November, according to a memo seen by Reuters on Thursday. Employees in Calgary will be notified on November 5 virtually, and those in Surmont and Montney will be tol...Reuters
Thu, Oct 23
Newmont Q3 revenue beats estimates on higher gold prices
OverviewNewmont Corp Q3 revenue beats analyst expectations, driven by higher realized gold pricesAdjusted EPS for Q3 exceeds consensus, reflecting strong operational performanceCompany reports record free cash flow of $1.6 bln, marking fourth consecutive quarter over $1 blnOutlookNewmont improves 20...Reuters
Thu, Oct 23
Gold miner Newmont beats quarterly profit estimates
Oct 23 (Reuters) - Newmont NEM.N surpassed Wall Street expectations for third-quarter profit on Thursday, as the gold miner benefited from a rally in bullion prices.The world's top gold miner posted profit of $1.71 per share on an adjusted basis for the three months ended September 30, compared ...Reuters
Thu, Oct 23
Norfolk Southern's quarterly profit rises
Oct 23 (Reuters) - U.S. railroad operator Norfolk Southern NSC.N posted a rise in third-quarter profit on Thursday, in its first earnings report after announcing an $85 billion deal to form the nation's first coast-to-coast freight rail operator with Union Pacific UNP.N.The deal, which drew a po...Reuters
Thu, Oct 23
ICE canola futures rise as crude leads oils higher
WINNIPEG, Manitoba, Oct 23 (Reuters) - ICE canola futures rose on Thursday as surging crude oil provoked biofuel-related crops to follow.• Most-traded January canola RSF6 settled up $6.30 at $633.80 per metric ton. Soon-expiring November RSX5 settled up $5.40 at $618.50.• A trader said canola was &#...Reuters
Thu, Oct 23
CBOT corn notches 1-month high, buoyed by crude oil strength
CHICAGO, Oct 23 (Reuters) - Chicago Board of Trade corn futures climbed to a one-month high on Thursday on spillover strength from surging crude oil futures, firm cash grain markets and uncertainty about the size of the U.S. harvest, traders said.CBOT December corn CZ25 settled up 5 cents at $4.28 a...Reuters
Thu, Oct 23
Some US courts to limit operations on Fridays due to government shutdown
By Nate Raymond Oct 23 (Reuters) - Several federal district courts plan to tell some employees not to come to work on Friday and one plans to close entirely for the day, as the judiciary continues reducing operations after running out of funds it had used to sustain paid operations during the U.S...Reuters
Thu, Oct 23
