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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

Verizon's flexible 5G plans boost wireless subscriber additions

(Reuters) -Verizon added more wireless subscribers than expected in the third quarter as the U.S. telecom giant's promotional offers and plans that bundle 5G with streaming services such as Netflix

Reuters

Tue, Oct 22

UK commits to regulator's proposals to improve housebuilding

LONDON (Reuters) - Britain's new Labour government said on Tuesday it had accepted proposals from the country's competition watchdog to improve the quality of homes being built. In February, the

Reuters

Tue, Oct 22

Exclusive-Harris holds 46%-43% lead over Trump amid voter gloom, Reuters/Ipsos poll finds

By Jason Lange WASHINGTON (Reuters) - Democratic U.S. Vice President Kamala Harris held a marginal 46% to 43% lead over Republican former President Donald Trump, with a glum electorate saying the

Reuters

Tue, Oct 22

PulteGroup beats profit estimates as lower mortgage rates boost housing demand

(Reuters) - U.S. homebuilder PulteGroup beat Wall Street estimates for third-quarter earnings on Tuesday, as declining fixed mortgage rates lured in skittish buyers to the market, while historically

Reuters

Tue, Oct 22

DR Congo army says it takes back Kalembe from M23, rebels deny

KINSHASA (Reuters) -Democratic Republic of Congo's army on Tuesday said it had taken back the eastern town of Kalembe, a day after it was seized by M23 rebels, but rebels said they still controlled

Reuters

Tue, Oct 22

Bank of Israel voted 5-0 to hold rates at October decision, minutes show

JERUSALEM (Reuters) - All five members of the Bank of Israel's monetary policy committee voted on Oct. 9 to leave the benchmark interest rate unchanged at 4.5%, minutes of the discussion showed on

Reuters

Tue, Oct 22

Factbox-Brokerages raise China GDP growth estimates for 2024

(Reuters) - China's economy grew 4.6% in July-September, official data showed, its slowest pace since early 2023 and below the 4.7% pace in the second quarter, as a tumbling property sector remained a

Reuters

Tue, Oct 22

Islamic State commander for Iraq killed, premier says

DUBAI (Reuters) - Iraqi Prime Minister Mohammed Shia al-Sudani said on Tuesday that Islamic State's commander for Iraq had been killed in an operation in the Hamrin Mountains in northeast Iraq. (

Reuters

Tue, Oct 22

3M raises lower end of full-year adjusted profit forecast on demand recovery

(Reuters) -U.S. industrial conglomerate 3M Co raised the lower end of its full-year adjusted profit forecast on Tuesday, anticipating a boost in consumer spending after the Federal Reserve cut

Reuters

Tue, Oct 22

Germany's Scholz pledges to boost investment, attract more skilled workers

BERLIN (Reuters) -German Chancellor Olaf Scholz promised on Tuesday to boost investment, attract skilled workers and cut red tape to revive growth in Europe's biggest economy, which is on track to

Reuters

Tue, Oct 22

Ukraine's population has fallen by 10 million since Russia's invasion, UN says

By Thomas Escritt BERLIN (Reuters) - Ukraine's population has declined by 10 million, or around a quarter, since the start of Russia's full-scale invasion as a result of refugees leaving, collapsing

Reuters

Tue, Oct 22

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