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Saudi's Manara in advanced talks to buy stake in First Quantum's Zambian mines

EXCLUSIVE-Saudi's Manara in advanced talks to buy stake in First Quantum's Zambian mines By Divya Rajagopal, Clara Denina and Felix Njini Oct 16 - Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum Minerals' FM.TO Zambian copper and nickel assets, three people familiar with the details told Reuters.

Lithium Americas rises on General Motors deal for Thacker Pass lithium project

BUZZ-Lithium Americas rises on General Motors deal for Thacker Pass lithium project ** U.S.-listed shares of miner Lithium Americas LAC.N up 22.8% at $3.28 premarket ** Co signs new investment agreement with General Motors GM.N to establish a joint venture (JV) for funding, developing, constructing and operating Thacker Pass in Humboldt County, Nevada ** Transaction will deliver $625 mln of cash and letters of credit from GM to Thacker Pass alongside the conditional commitment for a $2.3 bln U.S

US FDA places trials of two Novavax vaccines on hold

US FDA places trials of two Novavax vaccines on hold Oct 16 (Reuters) - The U.S. Food and Drug Administration has placed a hold on clinical trials of Novavax's NVAX.O COVID and influenza combination vaccine, as well as standalone flu shot after a serious side-effect was seen in a participant, the company said on Wednesday. Reporting by Leroy Leo in

NOWDiagnostics And Labcorp Collaborate To Expand Access To The Only Marketing Authorized Over-The-Counter Syphilis Test In The U.S.

BRIEF-NOWDiagnostics And Labcorp Collaborate To Expand Access To The Only FDA-Marketing Authorized Over-The-Counter Syphilis Test In The U.S. Oct 16 (Reuters) - Labcorp Holdings Inc LH.N : NOWDIAGNOSTICS AND LABCORP COLLABORATE TO EXPAND ACCESS TO THE ONLY FDA-MARKETING AUTHORIZED OVER-THE-COUNTER SYPHILIS TEST IN THE U.S. Source text for Eikon: ID
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Visa And Analytic Partners Announce Multi-Year Deal To Transform Commercial Analytics For Merchants And Brands

BRIEF-Visa And Analytic Partners Announce Multi-Year Deal To Transform Commercial Analytics For Merchants And Brands Oct 16 (Reuters) - Visa Inc V.N : VISA AND ANALYTIC PARTNERS ANNOUNCE MULTI-YEAR DEAL TO TRANSFORM COMMERCIAL ANALYTICS FOR MERCHANTS AND BRANDS VISA INC - PARTNERSHIP INITIALLY FOCUSED ON U.S. WITH GLOBAL EXPANSION PLANNED Source te
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India's L&T Technology posts marginal Q2 sales beat, maintains full-year forecast

India's L&T Technology posts marginal Q2 sales beat, maintains full-year forecast Oct 16 (Reuters) - Indian engineering and technology services firm L&T Technology Services LTEH.NS on Wednesday reported second-quarter revenue that edged past estimates, boosted by large deals signed in the previous quarters, and maintained its full-year revenue forecast.

Ulta Beauty Announces Long-Term Financial Targets And Strategic Priorities To Drive Profitable Growth

BRIEF-Ulta Beauty Announces Long-Term Financial Targets And Strategic Priorities To Drive Profitable Growth Oct 16 (Reuters) - Ulta Beauty Inc ULTA.O : ULTA BEAUTY ANNOUNCES LONG-TERM FINANCIAL TARGETS AND STRATEGIC PRIORITIES TO DRIVE PROFITABLE GROWTH ULTA BEAUTY INC - TO OPEN 200 NET NEW STORES OVER NEXT THREE YEARS ULTA BEAUTY INC - ANNOUNCES N
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Street View: JNJ set to sustain growth despite rising competition for Stelara

BUZZ-Street View: JNJ set to sustain growth despite rising competition for Stelara ** Johnson & Johnson JNJ.N raised its 2024 profit and sales forecasts on Tuesday after reporting strong sales of oncology drugs and quarterly results that beat Wall Street expectations CANCER DRUGS, STRONG PRODUCT PORTFOLIO IN FOCUS ** BofA Global Research ("neutral," PO: $170) expects co's oncology franchise to perform well next year too as Darzalex and Carvykti continue to gain market share globally ** Brokerage
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Banks look for new normal, find they don’t need it

RPT-BREAKINGVIEWS-Banks look for new normal, find they don’t need it The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By Jonathan Guilford and Liam Proud NEW YORK, Oct 15 (Reuters Breakingviews) - The last few years have been kind to big U.S. banks. Markets fueled by pandemic-induced government spending and low interest rates created a deal frenzy; volatility helped trading; and the success was followed by a rate-hike that created a lending windfall.
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China's rapid electrification is catching out oil producers: Russell

RPT-COLUMN-China's rapid electrification is catching out oil producers: Russell Repeats item first published earlier in the global day By Clyde Russell LAUNCESTON, Australia, Oct 16 (Reuters) - Over-estimating China's appetite for crude has been a factor in oil markets this year, especially by OPEC, and it's a theme that looks likely to continue in coming years.

Nuclear renaissance must still solve for spent fuel: Ross Kerber

COLUMN-Nuclear renaissance must still solve for spent fuel: Ross Kerber The opinions expressed here are those of the author, a columnist for Reuters. This column is part of the weekly Reuters Sustainable Finance newsletter, which you can sign up for here By Ross Kerber Oct 16 (Reuters) - As nuclear power companies gear up to revive old reactors and build a generation of new ones to meet burgeoning power demands for artificial intelligence, cryptocurrency and electric vehicles, they still face a
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Turkey cements position as Europe's top coal-fired power system: Maguire

RPT-COLUMN-Turkey cements position as Europe's top coal-fired power system: Maguire Repeats column published earlier. The opinions expressed here are those of the author, a columnist for Reuters. By Gavin Maguire LITTLETON, Colorado, Oct 16 (Reuters) - Turkey has spent eight of the first nine months of 2024 as Europe's largest producer of coal-fired electricity, overtaking Germany and Poland as it cranked coal burning for power.

Banks look for new normal, find they don’t need it

RPT-BREAKINGVIEWS-Banks look for new normal, find they don’t need it The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By Jonathan Guilford and Liam Proud NEW YORK, Oct 15 (Reuters Breakingviews) - The last few years have been kind to big U.S. banks. Markets fueled by pandemic-induced government spending and low interest rates created a deal frenzy; volatility helped trading; and the success was followed by a rate-hike that created a lending windfall.
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Ukraine requests monitoring mission at Odesa ports amid Russian strikes

Ukraine requests monitoring mission at Odesa ports amid Russian strikes Oct 16 (Reuters) - Ukraine has asked the International Maritime Organization to send a monitoring mission to ports in the southern Odesa region after Russia stepped up strikes, Foreign Minister Andrii Sybiha said on Wednesday. Reporting by Yuliia Dysa; Editing by Andrew Heavens

U.S. STOCKS Gold miners, J.B. Hunt, Cisco Systems

BUZZ-U.S. STOCKS ON THE MOVE-Gold miners, J.B. Hunt, Cisco Systems Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures were largely subdued on Wednesday, following a selloff in tech and oil stocks in the previous session, as investors awaited quarterly results from Morgan Stanley and other banks.
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Euro zone bonds slide to more than one-week low ahead of ECB meeting

Euro zone bonds slide to more than one-week low ahead of ECB meeting Updates at 1134 GMT By Medha Singh Oct 16 (Reuters) - Euro zone bond yields eased to a more than one-week low on Wednesday, ahead of a widely expected interest rate cut from the European Central Bank . Germany's 10-year bond yield DE10YT=RR , the benchmark for the bloc, dipped 4 basis points to 2.187%, its lowest since Oct.
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Corn and soybeans regain ground after multi-week lows

GRAINS-Corn and soybeans regain ground after multi-week lows Updates at 1131 GMT, changes dateline PARIS/CANBERRA, Oct 16 (Reuters) - Chicago corn and soybean futures edged higher on Wednesday, consolidating after multi-week lows in the previous session when forecast rain in Brazil and Argentina eased drought concerns. Wheat futures eased further to a three-week low, with rain expected in parched Russian and U.S.

Britain calls UN meeting on Gaza, may sanction ministers

UPDATE 1-Britain calls UN meeting on Gaza, may sanction ministers Adds PM Starmer comments LONDON, Oct 16 (Reuters) - Britain and France have called an urgent meeting at the United Nations Security Council to discuss the humanitarian situation in Gaza and Britain is considering sanctioning two Israeli ministers, Prime Minister Keir Starmer said on Wednesday.

General Motors to contribute $625 mln to new JV with Lithium Americas

General Motors to contribute $625 mln to new JV with Lithium Americas Oct 16 (Reuters) - Canadian miner Lithium Americas LAC.TO said on Wednesday General Motors GM.N will contribute $625 million to their new joint venture for developing the Thacker Pass project in Nevada. U.S. automakers are ramping up their output of EVs and hybrids and aiming to reduce their reliance on China for battery-related materials in a competitive market.

Karachi Cotton Association Prices

TABLE - Karachi Cotton Association Prices ISLAMABAD, Oct 16 (Reuters) - The Karachi Cotton Association on Wednesday announced the official spot rate, or base price, for Grade 3 cotton at 19,076 rupees per maund (40 kg). Grade 3 cotton has a staple length of 1-1/16" and micronaire value between 3.8 and 4.9 NCL (no control limits), which represents fine to coarse classes of cotton varieties.



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