DETROIT (Reuters) – General Motors Co (GM) posted a quarterly net loss on Tuesday due to charges stemming from the sale of its Opel unit in Europe to France’s Peugeot SA, but excluding charges its results handily beat analyst expectations and the company reaffirmed its full-year earnings outlook. Continue Reading […]
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Futures higher with earnings of Dow companies in focus
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 13, 2017. REUTERS/Brendan McDermid October 24, 2017 By Sruthi Shankar (Reuters) – U.S. stock index futures were higher on Tuesday, with earnings from a host of Dow components, including McDonald’s and […]
WATCH: Three waterspouts spotted off Indonesian coast
Now Playing: Total solar eclipse weather forecast, NASA telescope access and more in the path of totality Now Playing: Time-lapse shows cloud inversion in Grand Canyon Now Playing: Three waterspouts spotted off Indonesian coast Now Playing: French president’s dog relieves himself on Elysee Palace fireplace Now Playing: Generators, transformer installed […]
Eli Lilly says profit falls, to mull sale of animal health business
Eli Lilly and Co, one of the world’s top insulin makers, on Tuesday reported a 28.5 percent drop in quarterly profit and said it was reviewing options, including a sale or an IPO, for its Elanco Animal Health business. Continue Reading Below The company said its net income fell to […]
Saudi Arabia announces investment city linked to Egypt, Jordan
October 24, 2017 RIYADH (Reuters) – Crown Prince Mohammed bin Salman announced on Tuesday a half trillion dollar investment city which will run across Saudi Arabia, Egypt and Jordan, the state news agency SPA reported. The project, called Neom, will be on 26,500 square kilometers (10,230 square miles), SPA said, […]
Attempt to loosen Northern Ireland abortion law reaches UK Supreme Court
October 24, 2017 LONDON (Reuters) – An attempt to change the law in Northern Ireland to allow abortions in cases of rape, incest or serious malformation of the fetus reaches the UK Supreme Court on Tuesday after years of legal wrangling. A socially conservative province where the Catholic and Protestant […]
Turkey’s Erdogan says operation in Syria’s Idlib largely completed
A Turkish military armoured vehicle guards on the border line located opposite the Syrian town of Atimah, Idlib province, in this picture taken from Reyhanli, Hatay province, Turkey October 10, 2017. REUTERS/Osman Orsal October 24, 2017 ISTANBUL (Reuters) – Turkish President Tayyip Erdogan said on Tuesday the country’s military operation […]
Eurozone economy keeps up strong momentum toward year-end
LONDON – A survey shows that business activity grew at a high rate in the 19-country eurozone economy at the start of the final quarter of the year. Continue Reading Below The purchasing managers’ index, a gauge of activity in the services and manufacturing sectors published Tuesday by IHS Markit, […]
Family of soldier killed in Niger wants to know if ‘mistakes were made’
The brother of Staff Sgt. Dustin Wright, one of four U.S. soldiers killed in an ambush earlier in Niger this month, said he wants to know if the military may have made mistakes that ultimately led to his brother’s death. “Even with adequate resources, a fully manned team and armored […]
Saudi Aramco listing on track for 2018, says sovereign wealth fund
Saudi Aramco’s initial public offering is on track to take place next year, Saudi Arabia’s top sovereign wealth fund said on Tuesday. Continue Reading Below “Everything is on track. 2018 is our target. There is nothing that I know about that can take us off track,” Public Investment Fund Managing […]