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... South32 to Sell Down Trilogy Stake to Defense Department in Latest U.S. Mine-Stake Deal

South32 has agreed to sell roughly $17.8 million of stock in Trilogy Metals to the Defense Department as part of a deal for the U.S. to take a 10% stake in the Canadian mineral-exploration company.
https://www.wsj.com/business/south32-to-sell-down-trilogy-stake-to-defense-department-in-latest-u-s-mine-stake-deal-e766ed88?mod=pls_whats_news_us_business_f

... Canned-Tuna Maker Princes Group Expects London IPO at End of October

The food-and-beverage company expects to start trading at the end of this month, but didn’t provide pricing details.
https://www.wsj.com/business/retail/canned-tuna-maker-princes-group-expects-london-ipo-at-end-of-october-4d964126?mod=pls_whats_news_us_business_f

... Aritzia’s U.S. Expansion Powers Growth Surge in Second Quarter

Revenue in the quarter rose by 41% in the U.S., where the Canadian company is aiming to grow to around 200 stores.
https://www.wsj.com/business/earnings/aritzia-profit-revenue-climb-on-strong-u-s-sales-7ca83ac0?mod=pls_whats_news_us_business_f

... Levi Strauss Raises Fiscal-Year Outlook as Turnaround Drives Growth

The jean maker now expects annual revenue to rise about 3% thanks to its focus on its direct-to-consumer business and broader branding efforts.
https://www.wsj.com/business/retail/levi-strauss-lifts-fiscal-year-outlook-after-third-quarter-sales-rise-2811c7a4?mod=pls_whats_news_us_business_f

... PepsiCo Taps Walmart Executive as New CFO

PepsiCo logged higher revenue in its fiscal third quarter, though profit slipped as volumes fell. The company also tapped a Walmart executive to fill its top finance role as PepsiCo aims to turn around its slowing soda and snack sales.
https://www.wsj.com/articles/pepsico-posts-higher-revenue-profit-falls-a22216b3?mod=pls_whats_news_us_business_f

... Stellantis Shipments Rise After Strong Rebound in North America

Vehicle shipments rose by an estimated 13%, driven by strong growth in North America on the back of inventory improvements.
https://www.wsj.com/business/autos/stellantis-shipments-rise-after-strong-rebound-in-north-america-897719fe?mod=pls_whats_news_us_business_f

... Auto & Transport Roundup: Market Talk

Find insight on BRP, Delta Air Lines and more in the latest Market Talks covering Auto and Transport.
https://www.wsj.com/articles/auto-transport-roundup-market-talk-ef4152e8?mod=pls_whats_news_us_business_f

... 7-Eleven Owner’s Net Profit More Than Doubles

Seven & i Holdings more than doubled its quarterly net profit, supported by stronger earnings at its convenience-store businesses.
https://www.wsj.com/business/earnings/7-eleven-owners-quarterly-profit-more-than-doubled-8654fbe3?mod=pls_whats_news_us_business_f

... Orsted to Slash 2,000 Jobs in Coming Years

A quarter of the workforce will be cut by 2027 as it scales back its global footprint to focus more on offshore wind markets in Europe and select regions in Asia Pacific.
https://www.wsj.com/business/orsted-to-slash-2-000-jobs-in-coming-years-88cd2f47?mod=pls_whats_news_us_business_f

... Ferrari Shares Plunge as Long-Term Targets Disappoint

The guidance implies 6% earnings growth a year through the end of the decade, less than what the company suggested in 2022, RBC Capital Markets said.
https://www.wsj.com/business/earnings/ferrari-nudges-full-year-guidance-higher-outlines-long-term-targets-18540285?mod=pls_whats_news_us_business_f

... Volkswagen Deliveries Rise Despite Weakness in China and North America

Deliveries rose slightly in the third quarter as declines in China and North America were offset by gains across the automaker’s other global markets.
https://www.wsj.com/business/autos/volkswagen-deliveries-rise-despite-weakness-in-china-and-north-america-4bd706d1?mod=pls_whats_news_us_business_f

... GM Launches 2027 Chevrolet Bolt

GM is bringing back its Chevrolet Bolt with a new model that it expects to account for much of its electric-vehicle volume next year.
https://www.wsj.com/business/autos/gm-launches-2027-chevrolet-bolt-807798c7?mod=pls_whats_news_us_business_f

... Porsche Deliveries Fall on Weakness in China

Deliveries dropped 6% in the first nine months of the year as growth in North America failed to offset a hefty decline in China.
https://www.wsj.com/business/autos/porsche-deliveries-fall-on-weakness-in-china-9252ca68?mod=pls_whats_news_us_business_f

... Daimler Truck to Sell Japanese Plant as Part of Toyota Truck Units Merger

Daimler Truck intends to sell its Nakatsu plant in Japan after consolidating its Mitsubishi Fuso operations as part of the Japanese truck-unit merger with Toyota Motors.
https://www.wsj.com/business/autos/daimler-truck-to-sell-japanese-plant-as-part-of-toyota-truck-units-merger-1240aa93?mod=pls_whats_news_us_business_f

... After Years of Protests, Environmentalists Are Fighting to Save Nuclear Plants

Where governments and the public once saw safety risks, some now see a source of low-carbon electricity.
https://www.wsj.com/world/europe/after-years-of-protests-environmentalists-are-fighting-to-save-nuclear-plants-7c662791?mod=pls_whats_news_us_business_f

... U.S. Crude Oil Inventories Post Bigger-Than-Expected Build

Commercial crude oil stocks rose by 3.7 million barrels to 420.3 million barrels in the week ended Oct. 3, greater than the increase of 700,000 barrels expected by analysts.
https://www.wsj.com/business/energy-oil/u-s-crude-oil-inventories-post-bigger-than-expected-build-b194d7d9?mod=pls_whats_news_us_business_f

... How China Threatens to Force Taiwan Into a Total Blackout

A Chinese blockade would quickly deplete resources on an island that depends on imported fuel.
https://www.wsj.com/world/asia/chinese-blockade-taiwan-d5b241c7?mod=pls_whats_news_us_business_f

... Energy & Utilities Roundup: Market Talk

Find insight on oil futures, Shell and more in the latest Market Talks covering energy and utilities.
https://www.wsj.com/articles/energy-utilities-roundup-market-talk-d7f1897e?mod=pls_whats_news_us_business_f

... Airport Delays Move Government Shutdown Fight to the Tarmac

As air-traffic controllers and TSA officers continue to work without pay, both political parties are jockeying to show concern while trying to avoid blame for flight problems.
https://www.wsj.com/us-news/air-traffic-controllers-government-shutdown-1cbd12f2?mod=pls_whats_news_us_business_f

... Auto & Transport Roundup: Market Talk

Find insight on the airline industry, the freight industry and more in the latest Market Talks covering Auto and Transport.
https://www.wsj.com/articles/auto-transport-roundup-market-talk-eece27d6?mod=pls_whats_news_us_business_f

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