(Reuters) - Chilean industrial conglomerate Empresas Copec (BCS:COPEC) said on Tuesday that the Chinese market for its forestry products could become more challenging if paper makers struggle to boost sales amid uncertainty over U.S. tariff policies. "Most of our customers that export, especially to the U.S., really don’t know what the price of their goods is going to be," said Cristian Infant ...
(Reuters) -The volume of processors Intel (NASDAQ:INTC) is set to produce for external customers using its upcoming manufacturing technology is currently "not significant", finance chief David Zinsner said on Tuesday. Committed volumes, or the amount of external customers’ chips set to be produced by Intel using upcoming manufacturing tech, is presently not significant, Zinsner said at J.P. Morg ...
RIYADH (Reuters) -The United States agreed on Tuesday to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defense cooperation agreement" Washington has ever done. The agreement, signed during U.S. President Donald Trump’s visit to the Saudi capital Riyadh, covers deals with more than a dozen U.S. defense companies in ...
By Chibuike Oguh NEW YORK (Reuters) -Shares of Hertz Global fell more than 20% on Tuesday after the rental car company’s results missed Wall Street expectations due to reduced vehicle fleet and a moderation in bookings. Estero, Florida-based Hertz reported a nearly 13% drop in revenue on Monday to $1.81 billion and a narrower adjusted net loss of $1.12 per share, down 13% from a year ago. Analy ...