Oct 28 (Reuters) - Mexico's Cemex, one of the world's largest cement producers, reported a 9% year-on-year drop in third-quarter core earnings as it was impacted by adverse weather across its markets and foreign exchange headwinds. Cemex reported quarterly earnings before interest, taxes, depreciation and amortisation (EBITDA) of $747 million, while net sales fell 3% from the same period last...

Tesla CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30% next year, buoyed by a new, cheaper model and enthusiasm for self-driving software, but delivering on that promise would surprise much of Wall Street. Musk's 2025 forecast and improving profit margins sparked the biggest jump in Tesla shares since May 2013, when the company...

06:09 AM EDT, 10/28/2024 (MT Newswires) -- Yen (JPY) selling picked up early Monday as London traders responded to the news that the LDP-led coalition lost its majority in Japan's parliamentary election Sunday, which opens up a period of political uncertainty, said Mitsubishi UFG. Prime Minister Shigeru Ishiba's gamble to immediately hold a parliamentary election after his appointment as premier...

06:04 AM EDT, 10/28/2024 (MT Newswires) -- A US government panel is set to investigate how Chinese hackers infiltrated several telecommunications networks to spy on prominent Americans, including former President Donald Trump and associates of Vice President Kamala Harris, The Wall Street Journal reported Sunday, citing people familiar with the matter. The report said that the Cyber Safety Review Board...