07:27 AM EDT, 08/27/2025 (MT Newswires) -- The additional 25% United States tariff on Indian imports come into effect on Wednesday for the country's purchase of Russian oil, noted Societe Generale. This comes on top of the 25% reciprocal tariffs and lifts the effective tariff to 50%, wrote the bank in a note to clients. SocGen has already pointed out...

07:27 AM EDT, 08/27/2025 (MT Newswires) -- Newmont ( NEM ) could cut its headcount by thousands as it aims to reduce costs, which have soared following its acquisition of Newcrest Mining in 2023, Bloomberg reported Wednesday, citing people familiar with the matter. Newmont ( NEM ) has informed managers it wants costs to be closer to those incurred by...

07:28 AM EDT, 08/27/2025 (MT Newswires) -- Merck ( MRK ) said Wednesday its phase 3 trial for investigational patritumab deruxtecan targeting metastatic breast cancer has dosed its first patient. The trial evaluates the efficacy and safety of investigational patritumab deruxtecan versus investigator's choice of treatment in patients with unresectable locally advanced or metastatic hormone receptor positive, HER2 negative breast...

07:29 AM EDT, 08/27/2025 (MT Newswires) -- Kohl's (KSS) reported fiscal Q2 adjusted earnings Wednesday of $0.56 per diluted share, down from $0.59 a year earlier. Analysts polled by FactSet expected $0.30. Net sales for the quarter ended Aug. 2 were $3.35 billion, compared with $3.53 billion a year earlier. Analysts surveyed by FactSet expected $3.32 billion. For fiscal 2025,...