By Bianca Flowers and Shivansh Tiwary (Reuters) -Deere & Co breezed past Wall Street estimates for third-quarter profit on Friday and raised its full-year guidance, but investor concerns over slower sales going forward sent shares down as much as 5%. The Moline, Illinois-based company posted a 60% rise in quarterly profit, yet investors were seemingly…
MOSCOW (Reuters) -A Ukrainian drone smashed into a building in central Moscow on Friday after Russian air defences shot it down, disrupting air traffic at all the civilian airports of the Russian capital, Russian officials said. A Reuters witness who was in the area described hearing “a powerful explosion”. Reuters images showed workers and emergency…
By Will Dunham WASHINGTON – Former U.S. Senator James Buckley, a premier conservative voice in Washington in the 1970s who successfully challenged limits on spending by political candidates while championing student privacy rights, died on Friday in Washington at age 100, the Washington Post reported. His son Peter Buckley confirmed the death but did not…
By Mubasher Bukhari and Asif Shahzad LAHORE, Pakistan (Reuters) -Pakistani police have arrested two Christian brothers accused of blasphemy, a spokesperson and a source said on Friday, two days after a Muslim mob burnt churches and houses, blaming the two men for desecrating the Koran. Pages of the Koran were found in a street with…
By Jorgelina do Rosario LONDON (Reuters) -Argentina’s surprise presidential front-runner, radical libertarian Javier Milei, pitched models of dollarizing the South American country’s economy in a meeting with major lender the International Monetary Fund on Friday, two sources said. The meeting, confirmed by both sides, comes as the lender looks to better understand the dark horse…
By Daniel Trotta and Brendan O’Brien (Reuters) -Donna Gomes, 71, lived her entire life in Lahaina, where friends knew her as “the bull” for her strong-willed nature. Joseph Schilling, 66, enjoyed hunting for bullet shells and was known by his loved ones for making delicious sugar toast. Both died last week in the wildfires that…
By David Randall NEW YORK (Reuters) – A swift sell-off in technology stocks and surge in Treasury yields are punishing Cathie Wood’s flagship ARK Innovation ETF, leaving the closely followed fund down more than 20% for the month of August. Wood, whose $7.2 billion fund is well-known for its large bets on companies such as…
By William Schomberg and William James LONDON (Reuters) -British retailers reported a bigger-than-expected drop in sales in July as heavy rain put off shoppers who are also feeling the hit from high inflation and 14 back-to-back increases in interest rates. Official data showed sales volumes last month were 1.2% lower than in June. Economists polled…
MOSCOW (Reuters) -Russia has charged a jailed American citizen with espionage, state news agencies reported, upping the pressure on U.S. President Joe Biden’s administration which has been trying to find a way to bring several detained citizens back home from Russia. Russia’s RIA and TASS news agencies said that Moscow’s Lefortovo court had remanded Gene…
By Bianca Flowers (Reuters) -U.S. Senator J.D. Vance on Thursday asked U.S. Steel to rule out a foreign buyer, in a sign that the emerging bidding war for the iconic steel producer could run into political headwinds. Vance, a Republican, said potential U.S. buyers for the Pittsburgh-based company should have priority because domestic steel production…
