Coking coal producers in Russia are facing tough times following the Russian government's recent introduction of customs duties on exports outside the Eurasian Economic Union for a period of 15 months. First unveiled
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China's daily crude steel output retreated in mid-October with Chinese steelmakers under growing pressure amid poor sales margins. However, in the absence of government-mandated production cut orders, China's overall reductions in steel output
Pfizer, Moderna and Novavax believe combination shots will simplify the process for people to protect themselves against Covid and the flu.
Merck's revenue and earnings beat expectations, and it hiked its sales forecast while lowering its profit outlook.
Bristol Myers Squibb’s revenue was in line with estimates, but fell slightly from the same period last year due to lower sales of blood cancer drug Revlimid.
Southwest's net income in the third quarter dropped 30% from a year earlier.
Shares of Siemens Energy tumbled more than 32% on Thursday after the company sought guarantees from the German government.
The ECB ended its record run of rate hikes despite new upside risks to inflation.
GDP was expected to increase at a 4.7% annualized pace in the third quarter, according to a Dow Jones consensus estimate.
Economists polled by Reuters had forecast the 500 basis point hike.
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