Global commodities trader Cargill Inc [CARG.UL] reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock.
Oil prices steadied on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a month after U.S. producers cut nearly a third of their output in the Gulf of Mexico ahead of what could be one of the first major storms of the Atlantic hurricane.
U.S. stocks rose on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell's dovish remarks, while healthcare stocks were mixed after the Trump administration withdrew a rule that would kill rebates.
Investor Michael Farr believes the central bank could be making a mistake.
JPMorgan Chase is trying to make it harder for its credit card customers to sue the bank in court. Here's what you can do about it.
Apple Inc's top-end iPhones, assembled in India by Foxconn's local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech giant drop prices in the world's second-biggest smartphone market.
Verizon Communications Inc earlier this year looked for buyers for Yahoo Finance, one of the most popular internet destinations for financial news and portfolio management tools, three people familiar with the matter told Reuters this week.
Deutsche Bank AG plans to lay off 126 employees in New York in the coming months, according to a filing the bank made with New York state that was made public on Thursday.
Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of the company carried out an illegal scheme to boost sales of an opioid addiction treatment.
The S&P 500 was little changed in afternoon trading on Thursday, with healthcare stocks mixed after the Trump administration withdrew a rule that would kill rebates.
Oil prices fell on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a month after U.S. producers cut about half of their output in the Gulf of Mexico ahead of what could be one of the first major storms of the Atlantic hurricane.
A broad index of stocks around the world pared gains slightly on Thursday as healthcare shares limited Wall Street's rise, while oil prices turned lower on a forecast for weaker demand.
Companies are lowering the bar for second-quarter earnings thanks to lingering trade uncertainty and questions about global growth.
A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street's benchmark index advance, while oil prices fell on a forecast for weaker demand.
Boeing's 737 jet program manager, Eric Lindblad, will retire in a matter of weeks after roughly 12 months on the job, according to a company memo seen by Reuters on Thursday.