Feb 19 (Reuters) - German engine manufacturer MTU Aero Engines on Wednesday raised its guidance for 2025 based on a lower assumed exchange rate of the euro versus the U.S. dollar, as it topped market expectations for 2024 revenue. Stronger U.S. dollar benefits the Airbus and Boeing ( BA ) supplier as it books most of its orders in dollars....

By Rajasik Mukherjee and Kumar Tanishk (Reuters) - Australia's discretionary retailers are expected to report improved half-yearly earnings, investors said, as easing inflation and tax cuts encouraged weary consumers to start spending again. The Australian retail sub-index, which includes Kmart and Bunnings hardware chain owner Wesfarmers ( WFAFF ), electronics retailer Harvey Norman and Mexican fast food chain Guzman y...

Feb 19 (Reuters) - Indonesian mining minister Bahlil Lahadalia has said the government will allow Freeport Indonesia to export copper concentrate, following a meeting with President Prabowo Subianto on Tuesday, CNN Indonesia reported on Wednesday. Freeport Indonesia and the energy ministry did not immediately respond to a request for comment. ...

(Reuters) - German engine manufacturer MTU Aero Engines raised its revenue guidance for 2025 on Wednesday, based on a lower assumed exchange rate of the euro versus the U.S. dollar. The Airbus and Boeing ( BA ) supplier expects its revenue to land between 8.7 billion and 8.9 billion euros ($9.10 billion and $9.31 billion) in 2025, up from a...