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Loop Industries Inc expected to post a loss of 10 cents a share - Earnings Preview
Loop Industries Inc LOOP.OQ LOOP.O is expected to show a fall in quarterly revenue when it reports results on January 14 (estimated) for the period ending November 30 2024The Terrebonne Quebec-based company is expected to report a 19.2% decrease in revenue to $21 thousand from $26 thousand a year ...Reuters
16 hours ago
RPT-Union, employers credit Trump in US port deal that may shape future talks
Repeats story first published on Thursday.Dockworker union strategy could guide future labor negotiationsPro-labor lawyers warn Trump's record favors businessesILA leaders praise Trump for supporting anti-automation stanceBy Lisa Baertlein, Daniel Wiessner LOS ANGELES, Jan 9 (Reuters) - A tentati...Reuters
16 hours ago
Giuliani faces second contempt bid over false claims about 2020 election workers
Election workers say Giuliani violated previous agreementGiuliani already found in contempt of court this weekEx-NYC mayor could face civil fines or even jailBy Andrew Goudsward WASHINGTON, Jan 10 (Reuters) - Rudy Giuliani, a former lawyer for President-elect Donald Trump, will appear in court in...Reuters
16 hours ago
Supreme Court to hear fight over looming US ban on TikTok
Under law, TikTok would be sold or banned by Jan. 19Biden administration defends law; Trump opposes banTikTok cites U.S. constitutional free speech safeguardsBy Andrew Chung, John Kruzel WASHINGTON, Jan 10 (Reuters) - Facing a looming ban in the United States, TikTok's fate will be in the hands o...Reuters
16 hours ago
Options market positioned for US Treasury 10-year yield to hit 5% in near term
US 10-year yield of 5% could be problematic for stocksPut options building in March contract of US 10-year futuresImplied volatility rises in 10-year swap optionsHigher volatility reflects demand for upside rate protectionBy Gertrude Chavez-Dreyfuss NEW YORK, Jan 10 (Reuters) - Investors in the f...Reuters
16 hours ago
Bezos' Blue Origin's New Glenn debut to pose long-awaited challenge to SpaceX
New Glenn launch to mark Blue Origin's first trek to orbitNew Glenn would rival SpaceX's Falcon 9, Starship rocketsU.S. Space Force eyeing the mission for future national security launchesBy Joey Roulette CAPE CANAVERAL, Florida, Jan 10 (Reuters) - Jeff Bezos' Blue Origin is set for an inaugural ...Reuters
16 hours ago
Bankers hope for IPO revival in 2025 as high-profile listings stack up
Promising pipeline of anticipated initial public offeringsLarge IPOs expected to dominate, appealing for liquidity and strong performanceTech companies may attract investors despite smaller size, says Goldman Sachs CFOBy Echo Wang, Tatiana Bautzer, Saeed Azhar NEW YORK, Jan 10 (Reuters) - Investm...Reuters
16 hours ago
Deals of the day-Mergers and acquisitions
Jan 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:** SOCAR Turkey has signed an agreement to sell its natural gas distribution subsidiaries Bursagaz and Kayserigaz to Aksa Dogalgaz.nL8N3O60A6** Britain's Alliance Pharma ALAPH.L said it has...Reuters
16 hours ago
Ukraine expects Trump-Zelenskiy meeting, swift contact after inauguration
KYIV, Jan 10 (Reuters) - Ukraine expects high level contacts with the new U.S. administration immediately after Donald Trump takes office, including an eventual meeting between Trump and President Volodymyr Zelenskiy, Kyiv's foreign ministry said on Friday."We are waiting for a meeting between our p...Reuters
16 hours ago
UPDATE 1-Ukraine receives first 3 bln euro tranche of G7 loan from EU
Updates with EU's von der Leyen, detail KYIV, BRUSSELS, Jan 10 (Reuters) - Ukraine received its first 3 billion euro ($3.09 billion) tranche of the European Union's portion of a loan agreed by the Group of Seven members and backed by the earnings from frozen Russian sovereign assets, Kyiv and Bru...Reuters
17 hours ago
BRIEF-NHTSA Says Tesla Is Recalling 239,382 U.S. Vehicles Over Rear-View Camera Issue
Jan 10 (Reuters) - TESLA, INC. IS RECALLING 239,382 U.S. VEHICLES - NHTSATESLA, INC. IS RECALLING SOME U.S. VEHICLES AS A REARVIEW CAMERA THAT DOES NOT DISPLAY AN IMAGE REDUCES THE DRIVER'S REAR VIEW, INCREASING THE RISK OF A CRASH.- NHTSATESLA RELEASED AN OVER-THE-AIR SOFTWARE UPDATE, FREE OF CHARG...Reuters
17 hours ago
Tesla recalls about 239,000 vehicles over rear-view camera issue
Jan 10 (Reuters) - Tesla TSLA.O said on Friday it was recalling about 239,000 vehicles over an issue that could cause the rear-view camera to not display an image, increasing the risk of a crash. (Reporting by Akash Sriram in Bengaluru; Editing by Arun Koyyur) ((Akash.Sriram@thomsonreuters.com; On X...Reuters
17 hours ago
China to step up support for consumption, vice premier says
BEIJING, Jan 10 (Reuters) - China will intensify efforts to promote consumption, and focus on expanding domestic demand, state news agency Xinhua cited Vice Premier He Lifeng as saying on Friday.The country will also step up its efforts to expand the scope of its consumer goods trade-in scheme, he s...Reuters
17 hours ago
UPDATE 1-Russia says it welcomes Trump's readiness to solve problems through dialogue
Kremlin says no specific plans yet for Trump-Putin meetingBut says Putin is open to talks without any preconditions Says there could be movement on talks after Jan. 20 Criticises outgoing Biden administration on Ukraine Recasts with Kremlin quotesBy Dmitry Antonov MOSCOW, Jan 10 (Reuters) - ...Reuters
17 hours ago
ANALYSIS-NATO won't back Trump's new defence spending target but will raise its sights
Trump says NATO members should spend 5% of GDP on defenceThat call won't fly for alliance membersBut some are ready to raise goal beyond current 2%Trump has said US won't protect allies that don't meet targetsSome see new goal of around 3% to be agreed at June summitBy Andrew Gray and Lili Bayer ...Reuters
17 hours ago
Ukraine receives first 3 bln euro tranche of G7 loan from EU, prime minister says
KYIV, Jan 10 (Reuters) - Ukraine received its first 3 billion euro ($3.09 billion) tranche of the European Union's portion of the Extraordinary Revenue Acceleration (ERA) loan agreed for Ukraine by the G7 group of countries, its prime minister Denys Shmyhal said on Friday.It was the first tranche of...Reuters
17 hours ago
Kremlin, on possible new U.S. sanctions, says Biden is trying to leave a toxic legacy for Trump
MOSCOW, Jan 10 (Reuters) - The Kremlin on Friday accused the administration of U.S. President Joe Biden of trying to leave president-elect Donald Trump the most toxic legacy possible and said Biden might therefore impose a final round of sanctions on Moscow. Kremlin spokesman Dmitry Peskov made the ...Reuters
17 hours ago
Turkey says Syria should be given chance to address Kurdish militant presence
ISTANBUL, Jan 10 (Reuters) - Turkish Foreign Minister Hakan Fidan said on Friday that the new Syrian administration should be given an opportunity to address the presence of Kurdish militants in the country, but reiterated that Ankara would act against them otherwise.Speaking at a press conference i...Reuters
17 hours ago
Turkish foreign minister hopes to continue positive momentum under Trump
ISTANBUL, Jan 10 (Reuters) - Turkish Foreign Minister Hakan Fidan said on Friday that Turkey will continue constructive and open dialogue with the new U.S. administration of President-elect Donald Trump, and hoped to continue the positive momentum between the two countries.Speaking at a press confer...Reuters
17 hours ago
EXPLAINER-How Musk's interview with German AfD leader squares with EU laws
By Supantha Mukherjee, Philip Blenkinsop STOCKHOLM, Jan 9 (Reuters) - Elon Musk's expected hosting of Alice Weidel, leader of the far-right Alternative for Germany (AfD) party, for a discussion on his X platform on Thursday was being watched by the European Commission to check for any spreading o...Reuters
17 hours ago
UPDATE 1-Apollo considers $9.5 bln investment in Seven & i buyout, Bloomberg says
Adds background and context from paragraph 4 TOKYO/HONG KONG, Jan 10 (Reuters) - Apollo Global Management APO.N is considering investing as much as 1.5 trillion yen ($9.5 billion) in a management buyout of Japan's Seven & i Holdings 3382.T, Bloomberg News said on Friday, citing several people wit...Reuters
17 hours ago
Kremlin says progress on a Trump-Putin meeting is possible once Trump takes office
MOSCOW, Jan 10 (Reuters) - The Kremlin said on Friday there may be progress on setting up a meeting between U.S. President-elect Donald Trump and Russian President Vladimir Putin after Trump is sworn in on Jan. 20.Trump said on Thursday a meeting was being set up between him and Putin, but offered n...Reuters
17 hours ago
India names Diageo, Sequoia Capital in case alleging suspicious payments
Diageo, Sequoia Capital face influence-peddling investigation Diageo made payment to lift ban on duty-free items -agencySequoia made payments for investment approval -agencyBy Arpan Chaturvedi NEW DELHI, Jan 10 (Reuters) - India's federal investigating agency has accused liquor giant Diageo DGE....Reuters
17 hours ago