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Saudi Arabia pushes ahead with economic transformation, minister says

By Yousef Saba, Pesha Magid and Federico Maccioni RIYADH (Reuters) -Saudi Arabia is "doubling down" on its multi-billion dollar plan to overhaul its economy and cut the kingdom's dependence on oil

Reuters

Wed, Oct 30

Humana beats quarterly profit estimates on strength in Medicare and primary care segments

By Sriparna Roy (Reuters) - Humana beat Wall Street estimates for third-quarter profit on Wednesday as it added higher-than-anticipated members under its government-backed Medicare Advantage insurance

Reuters

Wed, Oct 30

Japan's life insurers set to buy JGBs in Oct-March, weigh risk returns

By Tomo Uetake TOKYO (Reuters) - Japan's major life insurers are expected to continue purchasing Japanese government bonds (JGBs) into the second half of the fiscal year, but the pace and extent of

Reuters

Wed, Oct 30

US targets 40 firms, research groups for aiding Russian military

(Reuters) - The Biden Administration on Wednesday added 40 companies and research institutions to a trade restriction list over their alleged support of the Russian military, as Washington seeks to

Reuters

Wed, Oct 30

US pending home sales jump the most in more than four years, NAR says

(Reuters) - Contracts to buy U.S. previously owned homes jumped by the most in more than four years in September on a mix of more attractive interest rates and improving inventory of properties for

Reuters

Wed, Oct 30

Digital ad sellers jump as Google, Reddit and Snap earnings indicate sturdy demand

By Harshita Mary Varghese and Aditya Soni (Reuters) -Shares of online ad sellers surged on Wednesday as strong earnings from Google-parent Alphabet, Reddit and Snap signaled solid spending from brands

Reuters

Wed, Oct 30

Kraft Heinz trims 2024 forecasts on Lunchables drag, tepid demand

By Savyata Mishra (Reuters) -Kraft Heinz on Wednesday tempered its annual forecasts for organic sales and profit as repeated price hikes hurt demand for the packaged food giant's branded products such

Reuters

Wed, Oct 30

AMD shares slump as forecast disappoints AI-focused investors

By Aditya Soni (Reuters) -Advanced Micro Devices shares fell nearly 10% on Wednesday after the chip company's revenue forecast failed to impress investors looking for a bigger windfall from the AI

Reuters

Wed, Oct 30

Super Micro Computer says Ernst & Young resigns as auditor, shares tank

(Reuters) -Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% and deepening investor worries about accounting practices at the

Reuters

Wed, Oct 30

Google's AI-fueled gains in cloud bode well for Amazon, Microsoft

By Deborah Mary Sophia (Reuters) -Google-parent Alphabet's breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and Amazon.com, and signal that market for

Reuters

Wed, Oct 30

OPEC+ could delay planned December oil output hike, sources say

By Alex Lawler, Olesya Astakhova and Dmitry Zhdannikov LONDON/MOSCOW (Reuters) -OPEC+ could delay a planned hike in oil production scheduled to take effect in December by a month or more, three

Reuters

Wed, Oct 30

Euro zone grows quicker than expected but outlook remains weak

By Balazs Koranyi FRANKFURT (Reuters) -The euro zone economy grew faster than expected last quarter but threats of oversized tariffs from a potential Trump presidency, escalating trade tensions with

Reuters

Wed, Oct 30

Key events in India-Canada dispute over targeting of Sikh separatists

(Reuters) -Canada alleged on Tuesday that Amit Shah, India's interior minister and the chief aide of Prime Minister Narendra Modi, was behind plots to target Sikh separatists on Canadian soil. The

Reuters

Wed, Oct 30

Air Canada to increase China flights as Canada lifts restrictions

HONG KONG (Reuters) -Air Canada said on Wednesday it would increase direct flights between Canada and China, which remain below pre-COVID levels even though the carrier has added capacity to other

Reuters

Wed, Oct 30

Analysis-Ford investors impatient for the automaker to boost efficiency efforts

By Nora Eckert DETROIT (Reuters) -Ford Motor stock has tumbled about 8% so far this week after the company faltered on CEO Jim Farley's mission to improve efficiency in its traditional gasoline-engine

Reuters

Wed, Oct 30

Gulf bourses end mixed, Qatar retreats ahead of referendum

By Ateeq Shariff (Reuters) - Stock markets in the Middle East ended mixed on Wednesday, while the Qatari index tumbled ahead of a constitutional amendment referendum. Saudi Arabia's benchmark index

Reuters

Wed, Oct 30

North Korean and Russian foreign ministers to meet as Western concerns mount

By Dmitry Antonov MOSCOW (Reuters) -North Korean Foreign Minister Choe Son Hui will hold strategic consultations in Moscow with her Russian counterpart Sergei Lavrov, Russia said on Wednesday, amid

Reuters

Wed, Oct 30

German inflation rises to 2.4% in October

BERLIN (Reuters) - German inflation rose more than expected in October, to 2.4%, preliminary data from the federal statistics office showed on Wednesday. Analysts polled by Reuters had expected a

Reuters

Wed, Oct 30

Saudi Arabia strengthening economic transformation plan, finance minister says

By Yousef Saba, Pesha Magid and Federico Maccioni RIYADH (Reuters) -Saudi Arabia is strengthening its commitment to a plan designed to wean the economy off oil, its finance minister said on Wednesday,

Reuters

Wed, Oct 30

Martin Marietta cuts annual sales forecast as storms hit operations

(Reuters) - Martin Marietta cut its annual sales forecast and reported lower quarterly results on Wednesday, after the building material supplier's operations were hit by storms and extreme weather

Reuters

Wed, Oct 30

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