Business

ArcelorMittal, the world's largest steelmaker, reported thirdquarter core profit above expectations on Thursday as the easing of COVID19 lockdowns led to improved demand in all regions.

Qualcomm Inc forecast fiscal firstquarter revenue above Wall Street estimates on Wednesday, as it ramps up chip sales for Apple Inc's 5G iPhone models.

Business and economic events scheduled for Thursday.

U.S. private payrolls increased less than expected in October, providing an early sign of a slowdown in economic activity as fiscal stimulus diminishes and new COVID19 infections surge across the country.

Investors' hopes for a decisive early read on the U.S. election were dampened after mixed initial voting results on Tuesday night, which also raised doubts about an easy route to a massive fiscal stimulus package.

Bayer is facing a double hit from a higher legal bill for claims relating to weedkiller Roundup as well as 9.25 billion euros ($10.82 billion) in impairments on agriculture businesses, much of it related to its Monsanto deal.

Central bank interest rate cuts across emerging markets ground to a halt in October, bringing to an end an easing cycle that had exceeded the one sparked by the 2008 financial crisis and the 2010 euro crisis.

After spending nearly $2,000 in gifts for her daughters first Christmas in 2017, Meg Nordmann knew her holiday strategy had to change.

U.S. pilot unions say the Federal Aviation Administration should improve its proposal for training pilots how to handle a nosedown pitch of the Boeing 737 Max, which was grounded after two deadly crashes.

The world's top asset manager BlackRock downgraded European equities to neutral on Monday on a surge in COVID cases and renewed restrictions, though raised exposure to emerging stocks on a rising probability of a Democratic sweep in the U.S. vote.

Global equity markets recovered from onemonth lows on Monday as robust U.S., China and euro zone factory data offset news of new COVID19 lockdowns, while the dollar and gold rose on skittishness over the U.S. presidential election.

U.S. manufacturing posted a strong gain in October to the highest level in two years even as coronavirus cases have begun to surge again in many parts of the country.

McDonalds is hiring a new chief diversity officer as it struggles with charges of harassment and racism at all levels of the company.

Manufacturers indicated that the ongoing relaxation of COVID-19 restrictions, better market conditions and improved demand helped them to secure new work in October.

EU and British Brexit negotiators will continue talks in Brussels on Monday and until around midweek, sources on both sides said on Sunday, in a sign both sides are still pushing to avoid a damaging breakdown in trade in less than nine weeks.

Italian payments technology firm Nexi is leading negotiations to buy Nordic rival Nets in an allstock deal worth about $10 billion after trumping competition from U.S. firm Global Payments, four sources told Reuters.