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Hudbay resumes operations at Peru's mine after protests
Oct 7 (Reuters) - Canadian miner Hudbay Minerals HBM.TO said on Tuesday it has resumed operations at its Constancia mine in Peru, weeks after halting output due to local protests and blockades that had disrupted access to the site.The company said it has delayed a 20,000 dry-metric-tonne concentrat...Reuters
Tue, Oct 7
Stocks
HEDGE FLOW-Systematic hedge funds hit with daily losses in October, says Goldman Sachs
Systematic hedge funds lose money daily since October began, Goldman Sachs reportsLosses due to crowded trades and simultaneous sell-offs, causing market disadvantageFunds still up 11.3% YTD despite recent downturn By Nell Mackenzie LONDON, Oct 7 (Reuters) - Systematic hedge funds have lost money...Reuters
Tue, Oct 7
Other
Canadian retailer Kits Eyecare misses Q3 sales estimates
OverviewKits Eyecare Q3 revenue up 25.1% yr/yr to C$52.4 mln, missing estimatesAdjusted EBITDA for Q3 increased to approximately 5.2% of revenueNew customers grew 27.6% yr/yr to about 99,000OutlookCompany did not provide specific guidance for future quarters or yearResult DriversCUSTOMER GROWTH - Ne...Reuters
Tue, Oct 7
Stocks
US STOCKS-Wall St futures muted after market rally as traders await Fed cues
Futures: Dow up 0.01%, S&P 500 down 0.04%, Nasdaq down 0.02%Constellation Brands' Q2 sales dip less than expectedTrilogy Metals shares soar as US takes strategic stakeBy Niket Nishant and Sukriti Gupta Oct 7 (Reuters) - U.S. stock index futures were subdued on Tuesday as investor fatigue...Reuters
Tue, Oct 7
Stocks
London's FTSE 100 muted as energy gains offset broader declines; B&M tumbles after profit warning
FTSE 100 flat, FTSE 250 down 0.2%B&M falls after annual profit drop warning Imperial Brands higher after share buyback plans Shell advances after upbeat Q3 LNG forecast Oct 7 (Reuters) - London's FTSE 100 was little changed on Tuesday as investors paused after last week's rally, with ...Reuters
Tue, Oct 7
Stocks
Is Nvidia Stock a Buy After AI Partnerships with Intel and OpenAI?
Key PointsNvidia jumped from simply selling AI chips to taking on transformative deals with Intel and OpenAI.The company sees the need for rapid expansion of AI infrastructure.Nvidia’s revenue remains strong in the face of challenges, such as being barred from sales to China.10 stocks we like better...The Motley Fool
Tue, Oct 7
Stocks
Where Will XRP Be in 1 Year?
Key PointsSpot ETF approvals could lead to billions of dollars from institutional investors flowing into XRP.New crypto regulation could provide a boost for market adoption of XRP.While XRP may never replace SWIFT, there is potential for it to play a much greater role in cross-border payments.10 sto...The Motley Fool
Tue, Oct 7
Stocks
GLOBAL MARKETS-Stocks, bonds regain some cool, 'political noise' blunts underlying optimism
Markets unnerved, but not derailed by politicsDeepening French political crisis weighs on euroGold, bitcoin jump as investors seek alternativesBy Amanda Cooper LONDON, Oct 7 (Reuters) - Global stocks and bonds regained some stability on Tuesday, as political upheaval in France, Japan and the U.S....Reuters
Tue, Oct 7
Forex
Global crypto ETFs attract record $5.95 billion as bitcoin scales new highs
Bitcoin hits record high amid ETF inflowsU.S. leads crypto ETF inflows, followed by Switzerland and Germany Oct 7 (Reuters) - Exchange-traded funds (ETFs) tracking crypto assets drew record inflows of $5.95 billion globally last week, as strong demand for digital assets helped propel bitcoin to a...Reuters
Tue, Oct 7
Other
French PM resignation sends European bond yields, French risk premium higher
By Joice Alves LONDON, Oct 7 (Reuters) - Euro zone bond yields rose on Tuesday, a day after French Prime Minister Sébastien Lecornu unexpectedly resigned, deepening a political crisis in Europe's second-biggest economy.French President Emmanuel Macron on Monday tasked his outgoing prime minis...Reuters
Tue, Oct 7
Other
Syrian defence minister and SDF commander agree to immediate ceasefire, ministry says
Oct 7 (Reuters) - Syrian Defence Minister Murhaf Abu Qasra and SDF commander General Mazloum Abdi agreed on Tuesday to a comprehensive ceasefire on all fronts in northern and north-eastern Syria, the defence ministry said.The truce is effective immediately, the ministry added.Reuters
Tue, Oct 7
Stocks
Citi raises Caterpillar's PT, cites mining, infrastructure strength
** Citi lifts Caterpillar CAT.N PT to $570 from $540, maintains rating at "buy" ** New PT shows an upside of 15% from the stocks last close** Citi says its growing confidence in co's fundamentals is mainly driven by strong mining backlogs, infrastructure tailwinds, and resilient dealer i...Reuters
Tue, Oct 7
Commodities
UK's Jaguar Land Rover to restart some factories after cyberattack shutdown
Engines, batteries units restart on WednesdayMain production lines restart later this weekOffers qualifying suppliers upfront cash payment for partsQuarterly sales volumes dropBy Sarah Young LONDON, Oct 7 (Reuters) - Britain's biggest carmaker, Jaguar Land Rover (JLR), said on Tuesday some fa...Reuters
Tue, Oct 7
Commodities
Russia says Ukrainian drone crashed into nuclear plant, without causing damage
MOSCOW, Oct 7 (Reuters) - Russia's state nuclear energy company said on Tuesday that a Ukrainian drone attempted to strike a nuclear plant in Russia's Voronezh region, which borders Ukraine.In a statement, Rosenergoatom said that a drone crashed into a cooling tower at the plant, but caused ...Reuters
Tue, Oct 7
Stocks
Lexeo Therapeutics rises after positive trial results for heart disease drug
** Shares of drug developer Lexeo Therapeutics LXEO.O rise 29% to $8.35 premarket** Lexeo says the U.S. FDA is open to letting the company combine results from its ongoing studies and a planned trial to seek accelerated approval for its experimental gene therapy, LX2006, for Friedreich's ataxia ...Reuters
Tue, Oct 7
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