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Gulf bourses end lower on geopolitical tensions

By Ateeq Shariff (Reuters) - Stock markets in the Gulf ended lower on Tuesday as geopolitical tension gripped the region and corporate earnings failed to lift investor sentiment. Lebanon's Hezbollah

Reuters

Tue, Oct 22

Exclusive-Russia to use ship-to-ship LNG loadings to free up ice-class tankers

MOSCOW (Reuters) - Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to free up more ice-class tankers for its biggest LNG

Reuters

Tue, Oct 22

With polls tight, US election campaigns target overseas voters

By Makini Brice PARIS (Reuters) -Bob Vallier, a Paris resident who has mostly lived outside the United States for the past 30 years, has already voted in his home state of Michigan for the Nov. 5

Reuters

Tue, Oct 22

Hyundai Motor India drops 7% on debut after country's biggest IPO

By Nandan Mandayam and Dhwani Pandya BENGALURU/MUMBAI (Reuters) -Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country's

Reuters

Tue, Oct 22

GE Aerospace raises profit outlook, expects double-digit decline in LEAP deliveries

By Rajesh Kumar Singh and Shivansh Tiwary (Reuters) -GE Aerospace raised its full-year profit outlook for the third time this year on Tuesday, but forecast a double-digit decline in LEAP jet engine

Reuters

Tue, Oct 22

ECB needs clearer communication - but not dot plots, Nagel says

WASHINGTON (Reuters) - The European Central Bank needs to improve how it communicates policy intentions and uncertainty, but copying the U.S. Federal Reserve's "dot plot" projection method is not a

Reuters

Tue, Oct 22

Exclusive-Carlyle drops out of bidding process for Thyssenkrupp marine unit

By Christoph Steitz FRANKFURT (Reuters) -Private equity firm Carlyle has dropped out of an ongoing bidding process for the warship division of stricken conglomerate Thyssenkrupp, the German company

Reuters

Tue, Oct 22

IMF lowers Saudi Arabia's 2024 growth forecast to 1.5%

ABU DHABI (Reuters) - The International Monetary Fund further lowered its GDP growth forecast for Saudi Arabia for 2024 to 1.5% and estimated growth to accelerate to 4.6% next year in its latest World

Reuters

Tue, Oct 22

IMF cuts Japan's growth forecast, projects rebound in 2025

By Leika Kihara TOKYO (Reuters) - The International Monetary Fund (IMF) on Tuesday cut this year's economic growth forecast for Japan, but projected a rebound in 2025 on the view rising real wages

Reuters

Tue, Oct 22

IMF raises Latin American growth forecast for 2024

WASHINGTON (Reuters) - GDP in Latin America and the Caribbean is set to grow 2.1% this year, three-tenths of a percentage point more than projected in July, the International Monetary Fund said on

Reuters

Tue, Oct 22

Shift to electric vehicles will have far-reaching impact, IMF says

(Reuters) - The global transition toward electric vehicles will have "far-reaching" impacts on investment, production, international trade and employment, the International Monetary Fund said on

Reuters

Tue, Oct 22

3M raises profit forecast on improving demand, reviews portfolio

By Kannaki Deka (Reuters) -3M Co raised its full-year profit forecast on Tuesday, after strong demand for roofing material, industrial adhesives and electronic equipment helped the U.S. manufacturing

Reuters

Tue, Oct 22

VinFast's third-quarter deliveries jump on robust domestic demand

(Reuters) - Vietnamese EV maker VinFast said on Tuesday it delivered 21,912 electric vehicles in the third quarter, up 66% from the sequentially previous quarter. The company delivered more than 9,300

Reuters

Tue, Oct 22

Lebanon's Hezbollah rules out negotiations during fighting with Israel

BEIRUT (Reuters) - Lebanon's Hezbollah movement said on Tuesday there would be no negotiations while fighting continued with Israel and it claimed sole responsibility for a drone attack on Israeli

Reuters

Tue, Oct 22

Verizon misses quarterly revenue estimates on fewer device upgrades

(Reuters) -Verizon missed estimates for third-quarter revenue on Tuesday as fewer people upgraded their phones, eclipsing strong wireless subscriber additions and sending its shares down 3% in

Reuters

Tue, Oct 22

A.O. Smith misses quarterly estimates on sluggish water heater demand

(Reuters) - A.O. Smith missed third-quarter revenue and profit estimates on Tuesday, hurt by lower sales of its water heaters in North America and China, sending its shares down more than 1% before

Reuters

Tue, Oct 22

Hyundai's Supernal partners with two firms for its battery-powered aircraft

(Reuters) - Hyundai Motor's Supernal said on Tuesday it had partnered with a private jet charter firm and a passenger helicopter operator for the development of its air taxi infrastructure. Supernal

Reuters

Tue, Oct 22

Israeli military says strike in Beirut did not target hospital

JERUSALEM (Reuters) - Israeli jets hit a Hezbollah target close to the Rafik Hariri University Hospital in Beirut late on Monday but did not target the hospital and it was not affected by the strike,

Reuters

Tue, Oct 22

Genuine Parts cuts 2024 earnings forecast on industrial business weakness; shares dip

(Reuters) - Auto parts replacement provider Genuine Parts cut its 2024 earnings per share forecast on Tuesday, as third-quarter earnings per share missed estimates due to weakness in its industrial

Reuters

Tue, Oct 22

War has knocked Gaza back to the 1950s, UNDP says

By Thomas Escritt BERLIN (Reuters) -The war between Israel and Hamas has devastated the Palestinian economy and left nearly all of Gaza's population in poverty, with quality of life indicators such as

Reuters

Tue, Oct 22

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