Upward momentum that has propelled copper prices to within a whisker of the psychological $10,000 a metric ton mark is expected to be sustained by the appearance of shortages over the coming months.
U.S. weapons maker Lockheed Martin on Tuesday reported a near 14% rise in first-quarter sales, as simmering geopolitical tensions prompt some countries to boost their defense spending, driving demand for new weapons.
JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm, replacing former chair Park Pu, according to a company memo reviewed by Reuters and confirmed by a company spokesperson.
MSCI’s first-quarter profit rose on Tuesday, due to strong demand for its index products and analytics services as the likelihood of fewer U.S. Federal Reserve rate cuts sparked volatility.
Pfizer and BioNTech asked a London court to revoke rival Moderna’s patents over technology key to the development of vaccines for COVID-19, as the latest leg of a global legal battle began on Tuesday.
Homebuilder PulteGroup beat Wall Street estimates for first-quarter profit and revenue on Tuesday, aided by strong demand for new constructions amid an acute shortage of existing homes.
Kimberly-Clark raised annual sales and profit forecasts on Tuesday after topping first-quarter expectations, banking on higher pricing and robust demand for its premium personal care and household products in North America.
Aerospace and defense major RTX on Tuesday reported a 20% jump in its first-quarter profit, helped by robust commercial aftermarket business and military equipment demand.
Halliburton beat first-quarter profit estimates on Tuesday as higher drilling demand from international markets helped the oilfield services firm counter a slowdown in North America.
Goldman Sachs and Bank of America will face challenges on Wednesday as proxy advisers recommend investors vote for the banks to separate their CEO and chairman’s roles, in an effort to improve the companies’ governance.
