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Gold gains push Swiss National Bank to $6.6 billion profit in Q3

ZURICH (Reuters) -The Swiss National Bank (SNB) made a profit of 5.67 billion Swiss francs ($6.55 billion) in the third quarter, it said on Thursday, helped by a big rise in the value of gold. The

Reuters

Thu, Oct 31

Siemens could reduce stakes in Healthineers, other companies to fund Altair deal

ZURICH (Reuters) -Siemens could sell off part of its stakes in Siemens Healthineers, Siemens Energy and Fluence to help fund its $10.6 billion Altair acquisition, Chief Financial Officer Ralf Thomas

Reuters

Thu, Oct 31

Comcast weighs spinoff of cable business after strong third-quarter results

(Reuters) -Comcast is considering a spin-off of its cable networks business that includes CNBC and MSNBC, the media and broadband giant said on Thursday, after strong quarterly results on the back of

Reuters

Thu, Oct 31

Saudi foreign minister denounces Israel's north Gaza assault as genocide

By Pesha Magid RIYADH (Reuters) -Saudi Arabia denounced Israeli attacks in northern Gaza as genocide on Thursday, telling foreign investors that some bilateral agreements it has been negotiating with

Reuters

Thu, Oct 31

Google defeats UK trademark lawsuit over YouTube Shorts name

LONDON (Reuters) - Google on Thursday defeated a trademark lawsuit brought by a British short film company over YouTube's short video platform Shorts, with London's High Court ruling there was no risk

Reuters

Thu, Oct 31

Czech watchdog rejects appeals in nuclear power tender

PRAGUE (Reuters) -The Czech anti-monopoly office UOHS on Thursday rejected appeals by Westinghouse and EDF against a tender that chose South Korea's KHNP as preferred bidder to build new nuclear power

Reuters

Thu, Oct 31

US third-quarter labor costs growth smallest in more than three years

WASHINGTON (Reuters) - U.S. labor costs recorded their smallest increase in more than three years in the third quarter amid cooling wage growth, indicating that inflation was firmly on a downward

Reuters

Thu, Oct 31

Maersk sees no Suez Canal return until 'well into 2025' due to Red Sea threat

By Stine Jacobsen COPENHAGEN (Reuters) -A.P. Moller-Maersk expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through the Suez

Reuters

Thu, Oct 31

China's Geely denies separate EU talks on EV tariffs

BEIJING (Reuters) - Chinese carmaker Geely Automobile said on Thursday it had never conducted separate negotiations with the European Commission regarding electric vehicle tariffs, refuting recent

Reuters

Thu, Oct 31

Pringles-maker Kellanova beats quarterly sales, profit estimates on steady demand

(Reuters) - Packaged food company Kellanova topped Wall Street estimates for third-quarter sales on Thursday, driven by resilient demand for its ready-to-eat breakfast items and snacks despite rising

Reuters

Thu, Oct 31

ST targets China growth after trimming forecast again

By Nathan Vifflin (Reuters) -European chipmaker STMicroelectronics (ST) on Thursday trimmed its revenue outlook for the third time this year amid weak demand from industrial clients, and said growth

Reuters

Thu, Oct 31

September US PCE inflation ticks up, as expected

(Reuters) - The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% in September after an unrevised 0.1% gain in August.

Reuters

Thu, Oct 31

North Korea leader says longest ICBM test 'appropriate military action' against enemies

By Jack Kim and Kaori Kaneko SEOUL/TOKYO (Reuters) - North Korea said it tested an intercontinental ballistic missile on Thursday, upgrading what it called the "world's most powerful strategic weapon"

Reuters

Thu, Oct 31

China's rising display industry could hurt US national security, report warns

By Stephen Nellis (Reuters) - China's growing inroads in making electronic displays could create national security concerns for the United States by making it dependent on China for an essential

Reuters

Thu, Oct 31

US consumer spending beats expectations in September

WASHINGTON (Reuters) - U.S. consumer spending increased slightly more than expected in September, putting it and the economy on a higher growth trajectory heading into the final three months of the

Reuters

Thu, Oct 31

Huawei Technologies reports 13.7% drop in 9-mth profit

BEIJING (Reuters) -Chinese tech giant Huawei reported a drop in net profit despite a jump in revenue on Thursday for the first nine months of the year, a statement to the Shanghai Clearing House

Reuters

Thu, Oct 31

Siemens' $10.6 billion Altair deal strengthens its industrial software offering

By John Revill (Reuters) -Siemens is to buy U.S. engineering software firm Altair Engineering for $10.6 billion, strengthening its position in the growing market for industrial software. The deal,

Reuters

Thu, Oct 31

Indonesian court orders changes to some labour rules

By Ananda Teresia JAKARTA (Reuters) - Indonesia's Constitutional Court on Thursday ruled that changes must be made to some labour rules including ordering the establishment of sectoral minimum wages,

Reuters

Thu, Oct 31

Ukraine names North Korean generals it says are with troops in Russia

By Josh Smith (Reuters) -The Ukrainian government has named three North Korean generals it says are accompanying the thousands of Korean People's Army troops deployed to Russia in aid of Moscow's war

Reuters

Thu, Oct 31

Stellantis revenue slides as automaker cuts bloated inventories

By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) -Reduced shipments and lower pricing power slashed Stellantis revenue by 27% in the third quarter, the automaker said as it seeks to fix

Reuters

Thu, Oct 31

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