By Casey Hall, Alessandro Parodi and Emma Rumney SHANGHAI (Reuters) -Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had[...]
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Affirm soars as BNPL lender aims to turn profit ahead of Street targets
By Manya Saini (Reuters) – Affirm shares rose 33% on Thursday after the buy-now-pay-later lender trounced estimates for quarterly results and said it expects to be profitable by the fourth quart[...]
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ONEOK strengthens Permian presence with midstream deals worth $5.9 billion
By Seher Dareen and Kanjyik Ghosh (Reuters) -Pipeline operator ONEOK said it would buy midstream assets in deals worth $5.9 billion from Global Infrastructure Partners, bolstering its position in the[...]
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Catalent beats revenue estimates ahead of deal close with Novo Holdings
(Reuters) -Contract drug manufacturer Catalent beat analysts’ estimates for fourth-quarter revenue on Thursday, helped by its biologics segment that develops and manufactures cell and gene thera[...]
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Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal
HOUSTON (Reuters) – Marathon Oil shareholders on Thursday approved the U.S. oil producer’s nearly $16 billion acquisition by ConocoPhillips, the company said. Marathon Oil and ConocoPhilli[...]
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Rio Tinto, BYD and LG Energy eligible for Chile’s Altoandinos lithium project
SANTIAGO (Reuters) – Mining giant Rio Tinto and Chinese EV-maker BYD are among the six companies eligible to proceed with proposals to develop a lithium project in Chile’s Altoandinos salt[...]
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Nippon Steel to make additional investment in US Steel’s mills
TOKYO (Reuters) – Japan’s biggest steelmaker Nippon Steel said on Thursday it plans to make an additional investment of about $1.3 billion in U.S. Steel’s two mills as part of its pe[...]
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Campbell Soup expects annual profit below estimates on higher costs
By Aatrayee Chatterjee (Reuters) – Campbell Soup Co forecast annual profit below Wall Street expectations on Thursday due to higher raw material costs and the impact from its recently sold popco[...]
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US pending home sales tumble to record low in July
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes dropped to a record low in July as higher prices and borrowing costs drove potential buyers from the market. The National Asso[...]
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