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Reuters - 33 minutes ago

Mexico's Banorte posts 7% net profit bump in 2nd quarter as loan book expands

UPDATE 2-Mexico's Banorte posts 7% net profit bump in 2nd quarter as loan book expands Adds benchmark interest rate in paragraph 4, comment on digital bank in paragraph 7 By Kylie Madry MEXICO CITY, July 23 (Reuters) - Mexico's Grupo Financiero Banorte GFNORTEO.MX reported on Tuesday a 7% climb in second-quarter net profit from the year-ago period, citing double-digit growth in its loan book.
Reuters - 52 minutes ago

New Delhi city rejects Pernod liquor licence appeal, document shows

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Reuters - 54 minutes ago

ANZ may have broken law on Australian government bond sale, corporate regulator says

Reuters - 1 hour ago

OpenAI assigns new project to AI safety leader Madry in revamp

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Reuters - 1 hour ago

US spring wheat tour forecasts record yields for southern North Dakota

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Reuters - 33 minutes ago

Mexico's Banorte posts 7% net profit bump in 2nd quarter as loan book expands

UPDATE 2-Mexico's Banorte posts 7% net profit bump in 2nd quarter as loan book expands Adds benchmark interest rate in paragraph 4, comment on digital bank in paragraph 7 By Kylie Madry MEXICO CITY, July 23 (Reuters) - Mexico's Grupo Financiero Banorte GFNORTEO.MX reported on Tuesday a 7% climb in second-quarter net profit from the year-ago period, citing double-digit growth in its loan book.
Reuters - 36 minutes ago

Veritex Holdings Inc reports results for the quarter ended in June - Earnings Summary

Veritex Holdings Inc reports results for the quarter ended in June - Earnings Summary Veritex Holdings Inc VBTX.OQ reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 64 cents. The mean expectation of six analysts for the quarter was for earnings of 53 cents per share.
Reuters - 52 minutes ago

New Delhi city rejects Pernod liquor licence appeal, document shows

RPT-EXCLUSIVE-New Delhi city rejects Pernod liquor licence appeal, document shows Repeats without change By Aditya Kalra, Arpan Chaturvedi NEW DELHI, July 23 (Reuters) - Pernod Ricard's PERP.PA latest attempt to obtain a licence to sell alcohol in India's capital has been rejected, with New Delhi authorities citing investigations into suspected violations of the city's liquor policy, an excise department order shows.
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Reuters - 52 minutes ago

Canadian miner First Quantum says Jiangxi can nominate one person to board

UPDATE 1-Canadian miner First Quantum says Jiangxi can nominate one person to board Adds details of shareholder rights agreement, company background By Divya Rajagopal and Vallari Srivastava July 23 (Reuters) - First Quantum Minerals FM.TO said on Tuesday that Jiangxi Copper 600362.SS will have the right to nominate one person to the Canadian miner's board as the company looks to keep its biggest shareholder at arm's length.
Reuters - 54 minutes ago

ANZ may have broken law on Australian government bond sale, corporate regulator says

ANZ may have broken law on Australian government bond sale, corporate regulator says SYDNEY, July 24 (Reuters) - Australia's ANZ Group ANZ.AX may have broken the law over a A$14 billion ($9.3 billion) government bond sale, the head of the corporate watchdog told the Australian Financial Review (AFR), as it investigates potential market manipulation. The Australian Securities and Investments Commission (ASIC) has been investigating the bank's 10-year Australian treasury bond sale in April 2023, b
Reuters - 57 minutes ago

About 3,000 migrants travel in caravans to US border, undeterred by crackdown

About 3,000 migrants travel in caravans to US border, undeterred by crackdown By Jose Torres and Lizbeth Diaz HUEHUETAN, Mexico, July 23 (Reuters) - About 3,000 people carrying bags, water and small children trod through intense heat along a highway in southern Mexico on Tuesday, traveling in two groups aiming to reach the U.S. border. Over the past week migrants have launched two caravans - large groups of people walking together - bound for the United States.
Reuters - 1 hour ago

Principal Financial Group Inc <PFG.OQ> expected to post earnings of $1.85 a share - Earnings Preview

Principal Financial Group Inc expected to post earnings of $1.85 a share - Earnings Preview Principal Financial Group Inc PFG.OQ PFG.O is expected to show a rise in quarterly revenue when it reports results on July 25 for the period ending June 30 2024 The Des Moines Iowa-based company is expected to report a 8.4% increase in revenue to $3.795 billion from $3.5 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
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Reuters - 1 hour ago

OpenAI assigns new project to AI safety leader Madry in revamp

UPDATE 1-OpenAI assigns new project to AI safety leader Madry in revamp Changes sourcing, recasts throughout July 23 (Reuters) - OpenAI Chief Executive Sam Altman said on Tuesday the ChatGPT maker's AI safety leader Aleksander Madry was working on a new research project, as the startup rejigs the preparedness team. "Aleksander is working on a new and v(very) important research project," Altman said in a post on X, adding that OpenAI executives Joaquin Quinonero Candela and Lilian Weng will be ta
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Reuters - 1 hour ago

Philippines suspends work, stock market trading due to Typhoon Gaemi

Philippines suspends work, stock market trading due to Typhoon Gaemi MANILA, July 24 (Reuters) - The Philippines' stock exchange suspended trading on Wednesday as the Manila capital region faces inclement weather, including heavy rains that resulted in flooding in some areas because of Typhoon Gaemi. The presidential office suspended classes at all levels and work in most government offices in the capital region, which is composed of 16 cities and home to at least 13 million people, because of t
Reuters - 1 hour ago

US spring wheat tour forecasts record yields for southern North Dakota

UPDATE 1-US spring wheat tour forecasts record yields for southern North Dakota Adds graphs 3-8 By Heather Schlitz MANDAN, North Dakota, July 23 (Reuters) - Scouts on the first day of an annual U.S. crop tour on Tuesday projected spring wheat in southern and east-central North Dakota will produce the highest yields in tour records dating to 1994. The Wheat Quality Council tour said participants estimated an average hard red spring wheat yield of 52.5 bushels per acre, compared to the tour's day-
Reuters - 1 hour ago

backed OneStream prices US IPO above range to raise $490 million, sources say

EXCLUSIVE-KKR-backed OneStream prices US IPO above range to raise $490 million, sources say Adds background on OneStream throughout By Echo Wang NEW YORK, July 23 (Reuters) - Financial software maker OneStream OS.O , which is backed by private equity firm KKR KKR.N , priced its U.S. initial public offering (IPO) above its indicated range on Tuesday, raising $490 million, people familiar with the matter said.
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Reuters - 1 hour ago

Texas LNG executes 20-year binding tolling agreement with EQT

Texas LNG executes 20-year binding tolling agreement with EQT July 23 (Reuters) - Glenfarne Group LLC's Texas LNG and EQT Corporation EQT.N have executed a 20-year tolling agreement for natural gas liquefaction services for 2 million tonnes per annum (MTPA) of LNG, the energy companies said on Tuesday. This agreement follows two Heads of Agreement signed by Texas LNG and EQT earlier this year.
Reuters - 1 hour ago

Peapack-Gladstone Financial Corp reports results for the quarter ended in June - Earnings Summary

Peapack-Gladstone Financial Corp reports results for the quarter ended in June - Earnings Summary Peapack-Gladstone Financial Corp PGC.OQ reported quarterly adjusted earnings of 42 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 73 cents. The mean expectation of three analysts for the quarter was for earnings of 34 cents per share.
Reuters - 1 hour ago

Who will be Kamala Harris' vice president? Beshear, Buttigieg in running

FACTBOX-Who will be Kamala Harris' vice president? Beshear, Buttigieg in running Adds section on Minnesota governor Tim Walz By Trevor Hunnicutt and Nandita Bose WASHINGTON, July 23 (Reuters) - U.S. President Joe Biden's weekend decision to drop his reelection bid and endorse Vice President Kamala Harris to replace him as the Democratic candidate leaves Harris with a major, immediate decision: whom to pick as her running mate.
Reuters - 1 hour ago

New Fortress secures $700 million loan for second LNG unit in Mexico

New Fortress secures $700 million loan for second LNG unit in Mexico HOUSTON, July 23 (Reuters) - U.S. energy infrastructure company New Fortress Energy NFE.O said on Tuesday it closed a $700 million loan for its second liquefied natural gas production unit at its Fast LNG project in Altamira, Mexico. The company said the second liquefaction unit will be developed in partnership with Mexico's utility Comision Federal de Electricidad utilizing an onshore terminal already in place.
Reuters - 1 hour ago

UK pay settlements hold at 4.9% in three months to June

UK pay settlements hold at 4.9% in three months to June By David Milliken LONDON, July 24 (Reuters) - British employers offered average annual pay settlements of 4.9% in the three months to June, unchanged from the previous month, industry data showed, highlighting continued strong wage growth that may sustain the Bank of England's inflation worries.
Reuters - 1 hour ago

UK's King Charles installs solar panels at Windsor Castle

UK's King Charles installs solar panels at Windsor Castle By Andrew MacAskill LONDON, July 24 (Reuters) - Britain's King Charles, who has spent a lifetime campaigning on environmental issues, has installed solar panels at Windsor Castle and plans to convert the royal family's Bentley cars to run on biofuel, palace officials said. Charles installed solar panels on part of the Windsor Castle estate known as the Lord Chamberlain's Upper Store, replacing the existing lead roof, and the plan will be
Reuters - 1 hour ago

Britain’s Crown Estate post record profits on offshore wind licenses

Britain’s Crown Estate post record profits on offshore wind licenses By Susanna Twidale LONDON, July 24 (Reuters) - Britain’s Crown Estate, which manages King Charles' public property, posted a record profit for 2023/24 of 1.1 billion pounds ($1.42 billion), boosted by income from offshore wind leases, its results showed on Wednesday. The Crown Estate, which comprises tracts of land and most of Britain’s sea bed, is an independently run, commercial business, whose profits go to the Treasur
Reuters - 1 hour ago

UK cash usage falls to record low share of transactions in 2023

UK cash usage falls to record low share of transactions in 2023 By David Milliken LONDON, July 24 (Reuters) - British consumers and businesses used cash in just 12% of transactions last year, a record low, although there was a rise in the small percentage of people who use cash for most day-to-day purchases, industry data showed on Wednesday. Cash usage in Britain, like in most countries, has fallen sharply over the past decade, accelerated by the COVID-19 pandemic which encouraged contactless p
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Reuters - 1 hour ago

Britain's gas network ready for hydrogen fuel, report says

Britain's gas network ready for hydrogen fuel, report says LONDON, July 24 (Reuters) - Britain's national gas network is ready to accommodate hydrogen as a fuel to power homes and industry, a report based on a trial carried out by National Gas showed on Wednesday, which owns and operates the gas transmission network. Replacing natural gas with hydrogen is viewed as a way to help reduce carbon emissions and dependency on fossil fuels.

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