- UPDATE 1-Germany will not force hard coal plant closures before 2026 -draft law
The German government will not
force hard coal power plants to close over the next seven years,
a draft law expected to be approved by the cabinet next week
showed on Tuesday.
- Tyson Foods misses quarterly sales estimates
Tyson Foods Inc fell short of
Wall Street estimates for quarterly sales on Tuesday, as the
No.1 meat processor in the United States was hit by weakness in
its beef business, its biggest segment, due to a drop in cattle
- CANADA STOCKS-TSX futures higher ahead of Trump's trade speech
Futures for Canada's main stock index
were higher on Tuesday over hopes that U.S. President Donald
Trump may signal progress on trade talks with China.
- UPDATE 1-Linde raises 2019 profit guidance for third time after price hikes
Linde plc on Tuesday raised its
2019 earnings per share (EPS) growth forecast for the third time
after it raised prices even as the economic outlook worsened.
- UPDATE 9-Violence brings Hong Kong to "brink of total breakdown" -police
* Tear gas fired a day after some of worst violence in
- Pot company Cronos Group posts bigger quarterly loss
Cronos Group Inc reported a
bigger quarterly loss on Tuesday, as the Canadian marijuana
producer was weighed down by lower margins and surge in
- JetBlue enters basic economy battle with new fare options
JetBlue Airways Corp on
Tuesday became the latest U.S. airline to launch a low-fare
option in an effort to rival basic economy offerings from major
airlines and meet competition from ultra low-cost carriers.
- Solid Biosciences gene therapy trial put on hold by FDA
Solid Biosciences Inc said on
Tuesday the U.S. Food and Drug Administration has put on hold a
trial testing its gene therapy for a muscle-wasting disorder.
- Norwegian Air to fly three new non-stop U.S.-Europe routes
Budget airline Norwegian Air
said on Tuesday it will add three more non-stop routes from the
United States to Europe next summer, as the Norway-based carrier
looks to expand its services to sought-after European
- UPDATE 1-D.R. Horton beats on profit, sees 2020 home sales above estimates
D.R. Horton Inc beat Wall Street
estimates for quarterly profit and forecast 2020 home sales
above estimates on Tuesday, as the No. 1 U.S. homebuilder
benefits from strong demand on the back of cheaper mortgage
- PRESS DIGEST- Canada - Nov 12
The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
- UPDATE 2-Premier Foods to launch new mini cakes as Mr Kipling re-boot pays off
* Cuts debt; shares jump 10%
(Adds CEO comment, shares, background)
- D.R. Horton quarterly profit rises 8.4%
D.R. Horton Inc posted an 8.4%
rise in quarterly profit on Tuesday, as the No. 1 U.S.
homebuilder's sales continued to get a boost from low interest
- UPDATE 1-Brazil's Petrobras Distribuidora Q3 net profit jumps 23.9% but revenue falls
Brazilian fuel distribution
company Petrobras Distribuidora SA reported a 23.9%
rise in net profit in the third quarter, helped by an early debt
downpayment from power distribution firm Amazonas Energia, it
said on Tuesday.
- Linde raises full-year EPS guidance for the third time
Linde plc, the world's largest
supplier of industrial gases, on Tuesday raised its annual
earnings per share (EPS) growth forecast for the third time this
year to 17-18%.
- Uniper says it sees Wilhelmshaven LNG terminal by 2023
German utility Uniper
believes the planned Wilhelmshaven floating terminal
for liquefied natural gas (LNG) can come on stream in the year
2023, its chief financial officer said in a call on Tuesday.
- UPDATE 1-Embraer reports Q3 loss, lowers dividend guidance as Boeing deal hits snags
Brazilian planemaker Embraer
reported a third-quarter loss on Tuesday and
signalled it may issue a smaller dividend to shareholders after
it finalizes a $4.2 billion commercial passenger jet deal with
Boeing, which faces regulatory hurdles.
- WRAPUP 1-Continental, Osram cut costs as autos downturn hits suppliers
Auto suppliers Continental
and Osram plan deeper cost cuts after
reporting weaker results on Tuesday, as a global slowdown hits
the car industry.
- UPDATE 2-Khalaf picked as first woman to edit Financial Times, Barber bows out
* Barber to step down after 14 years in charge
(Adds background, quotes)
- Lloyd's of London sees rush of "syndicate-in-a-box" applications - CEO
Lloyd's of London has
received 80 applications from firms seeking to set up
cost-efficient remote syndicates, its Chief Executive John Neal
told a conference on Tuesday.