Halliburton reports third-quarter net income of $417 million, flat revenue of $5.7 billion
The US oilfield services company said revenue was unchanged from the second quarter and gave an early outlook for 2027.
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Latest in Business and Finance
RTX and Northrop Grumman raise 2026 profit forecasts as backlogs reach records
RTX reported a US$340 billion backlog and Northrop Grumman a US$109.6 billion backlog; GE Aerospace also lifted its forecast.
UK unemployment falls to 4.7% as job vacancies drop to 691,000, ONS says
Britain's unemployment rate fell 0.1 percentage points in the three months to August, while regular pay growth held at 3.7%, official figures show.
Wall Street higher at midday Tuesday as healthcare shares reach a record; GM falls 6.9%
The Dow was up almost 1% in New York trading at midday on Tuesday, with healthcare stocks at a record high and oil prices lower, Reuters reported.
ASX 200 closes 0.44% higher on Monday as energy shares rise; futures point lower
The S&P/ASX 200 ended Monday up 39 points at 8,845.7, led by energy and financial shares, while ASX 200 futures were down 0.4% early on Tuesday, The Australian Financial Review reported.
Germany's Merck KGaA agrees to buy UK biotech Silence Therapeutics for about $1.3 billion
The all-cash deal of US$20 per share adds an experimental treatment for the rare blood cancer polycythemia vera to Merck's pipeline. It is expected to close in early 2027.
Silgan agrees to buy can maker Trivium for about $3.4 billion with private equity partner
The US packaging company will combine Trivium with its own metal containers business in a new venture it will own 60% of, alongside American Industrial Partners.
China's economy grew 4.5% in the third quarter, official data show
Growth picked up from 4.3% in the April-June quarter, the National Bureau of Statistics said. Growth for the first nine months was 4.6%.
French bond yields rise and Paris shares fall after a weekend of riots
France's 10-year borrowing cost rose about 8 basis points on Monday and the CAC 40 fell more than 1% as investors weighed the weekend's violent cost-of-living protests and the 2027 budget, MarketWatch and AFP reported.
RBA's Kent says neutral rates appear to be rising, questions whether policy is restrictive enough
Reserve Bank Assistant Governor Christopher Kent said there was reasonable indication neutral interest rates are rising in Australia and globally, and that the market reaction to last week's weak jobs data made sense.
