Northrop Pegs Full-year Sales, Earnings At Lower End Of Guidance
The company had forecast 2022 sales in the range of $36.2 billion to $36.6 billion, and a profit per share between $24.50 and $25.10.
Analysis-Hydro Giant Canada Faces Provincial Divides In Electrification Drive
Ottawa is scheduled to release regulations by year-end to compel utilities toward net-zero.
Schneider CFO Says Aveva Deal 'Not An Absolute Must'
"This is not an absolute must-do deal for us," Chief Financial Officer Hilary Maxson said in an earnings call, adding the group could also opt to maintain its 59% ownership.
In COP27 Host Egypt, Red Sea Coral Reefs Resilient But Under Stress
These Red Sea reefs, which make up about 5% of the global reef cover, contain the most diversity of species outside of Southeast Asia.
China Southern Website Shows 737 MAX Could Return To Chinese Service On Oct 30
A Boeing spokesperson declined to comment on China Southern's plans but said the manufacturer continued to work with regulators and customers to safely return the 737 MAX to service worldwide.
Chinese Authorities Ask: Dear Newlywed, When's The Baby Arriving?
The debate comes on the heels of President Xi Jinping declaring at the Communist Party's 20th Congress last week that China would establish a policy to boost birth rates and improve the country's population development strategy.
South Korea To Take Part In Japanese Naval Fleet Review
Many people in South Korea see the red-and-white flag as a symbol of Japan's past military aggression and its colonisation.
Chipmaker STMicro Sees Sales Growth Slowdown In Fourth Quarter
Headwinds are building for the semiconductor industry, with rising Taiwan-China and U.S.-China tensions and red-hot inflation that could squeeze spending on cars, smartphones and other consumer products.
Unilever Downbeat On Europe, China Consumer Sentiment
"Consumer sentiment in Europe is at an all time low," Chief Financial Officer Graeme Pitkethly told reporters, warning of fears of a "confluence of events" in Europe with energy prices and inflation rising and consumers' savings waning.
China's Huawei Slows Its Long Decline Under U.S. Sanctions As Revenues Improve
Huawei posted revenue of 445.8 billion yuan ($62.03 billion)for the first three quarters, 10 billion yuan less than it saw in the same period a year earlier, the company said on Thursday.
Russia's Sechin Says Taiwan Will Return To China 'On Schedule'
Sechin, the head of Russia's largest oil producer Rosneft, also said that Saudi Arabia's position on the global oil market was "reasonable" and based on analysis of oil supply and demand.
TotalEnergies Clocks $9.9 Billion Profit In Q3, Books New Russian Impairment
TotalEnergies' third-quarter adjusted net income stood at $9.86 billion. That compared with $4.77 billion for the same period in 2021, and $9.8 billion in the second quarter of this year.
Russian Nuclear Rhetoric Rekindles German Cold War Fears
Concerns of Germans that dissipated with the fall of the Berlin Wall are now creeping back after decades of peace. It is a flashback for a nation that found itself at the geographic and political centre of the Cold War.
Lebanon Signs Maritime Border Deal, Israel Expected To Follow Suit
Israel was set to follow suit in approving the deal, which marks a diplomatic departure from decades of hostility, later in the day.
Pentagon Successfully Flight Tests Hypersonic Weapon Components
Hypersonic glide vehicles are launched from a rocket in the upper atmosphere before gliding to a target at speeds of more than five times the speed of sound, or about 3,853 miles (6,200 km) per hour.
Chinese Cities Double Down On Curbs As COVID Outbreaks Widen
China's coronavirus case load has remained small by global standards, but its ultra-strict and disruptive containment measures this year against the highly transmissible Omicron variant have weighed heavily on the world's second-largest economy.
S.Korea's Central Bank Moves To Avert Credit Crunch Triggered By Legoland Default
Policymakers has been announcing liquidity-injecting measures one after another since Sunday, including doubling of a corporate bond-buying facility to 16 trillion won.
Germany Needs Billions To Solve Its Energy Crisis, But Buyers Are Shunning Its Bonds
Germany's finance agency sold just 1.78 billion euros ($1.77 billion) of a new 2029 bond earlier this month, for example, with total bids covering less than half of the 4-billion euro target.
Ukrainians Hold Out In East, Prepare Battle For Kherson
Ukrainian President Volodymyr Zelenskiy said in a Wednesday evening video address that there would be good news from the front but he gave no details.
As With Ukraine, A Coalition Should Pressure Myanmar's Junta, U.N. Expert Says
Myanmar has been in crisis since the army ousted leader Aung San Suu Kyi's elected government in February 2021, detaining her and other officials and launching a bloody crackdown on protests and other dissent.
Biden And Israel's Herzog Discuss Iran's Nuclear Program
Speaking to reporters as they sat down in the Oval Office, Herzog said he and Biden would attend the COP27 U.N. climate change summit being held in Egypt next month.
Oil Prices Climb On Strong U.S. Crude Exports, China Fears Linger
Brent crude futures gained 20 cents, or 0.2%, to $95.89 a barrel by 0332 GMT. U.S. West Texas Intermediate (WTI) crude climbed 19 cents, or 0.2%, to $88.10 a barrel.
Russia Notifies U.S. It Will Carry Out Expected Nuclear Drills
The United States has said it expects Russia to carry out test launches of missiles during its annual "Grom" exercises of its strategic nuclear forces, noting in the past it has fired inter-continental ballistic missiles.
UN Lawyer Pushes Back On Russian Row Over Iran Drone Inquiry
Russia has argued that there is no mandate for Guterres to send U.N. experts to Ukraine to inspect the downed drones.
Western Officials Finalizing Plans For Russia Oil-price Cap
Such a level is in line with recent comments by Treasury Secretary Janet Yellen that a price cap in the $60 range would give Russia an incentive to keep producing oil.
Investors Punish Zuckerberg As Costly Metaverse Pitch Falls Flat
Investors rushed to dump Meta Platforms Inc's stock after hours, pushing it down 20% and wiping $67 billion off its market value after the company posted its fourth straight decline in quarterly profit.
Colombia's Congress Approves Negotiations With Illegal Armed Groups
Petro, the country's first leftist president, has proposed a process of "total peace" to bring Colombia's internal armed conflict of almost six decades to an end.
As Earnings Plunge, Samsung Says Chip Demand May Recover In Late 2023
"We are not considering an artificial production cut," said Han Jin-man, executive vice president of memory business at Samsung.
Dollar Slips As Bets Mount For Less Hawkish Fed, Euro Above Parity
The euro peaked at $1.00935 and sterling at $1.1645 in early Asia trade, both their highest since Sept. 13.
Samsung Elec Names Jay Y. Lee Executive Chairman
Lee has been vice chairman of Samsung Electronics, the crown jewel of South Korea's biggest business conglomerate, since 2012.