MEXICO CITY, Jan 28 (Reuters) - Mexican state oil firm Pemex said on Tuesday its production of liquid hydrocarbons in December dropped 12% from a year earlier, marking its lowest level all year and missing the government's target for a third month in a row. Crude and condensate production averaged 1.62 million barrels per day (bpd) in December, down from...

11:56 AM EST, 01/28/2025 (MT Newswires) -- Textron's ( TXT ) Textron Aviation Defense unit said Tuesday that its Beechcraft T-6 Texan II Integrated Training System has been selected to upgrade pilot training for the Japan Air Self-Defense Force. The contract is expected to be finalized this year in collaboration with the Kanematsu Group, the company said. The T-6 Texan...

(Reuters) - Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia ( NVDA ) yielding record profits totaling more than $6 billion. Traders betting against AI-darling Nvidia ( NVDA ) earned profits of about $6.6 billion - the biggest single-day move...

11:56 AM EST, 01/28/2025 (MT Newswires) -- (Updates shares.) Lundin Mining ( LUNMF ) late on Monday said it expects a pre-tax cut to fourth-quarter revenue of $46 million due to unaudited provisional pricing adjustments on prior-period concentrate sales. The cut to revenue is mainly due to downward adjustments in relation to copper sales that are partially offset by upward...