06:34 AM EDT, 10/16/2025 (MT Newswires) -- New Pacific Metals ( NEWP ) late Wednesday said it has filed a prospectus supplement for the distribution of 9.9 million common shares priced at $3.55 per share and up to 1.5 million common shares at the offering price upon exercise of an over-allotment option. The bought deal public offering is expected to...

06:34 AM EDT, 10/16/2025 (MT Newswires) -- Ford Motor ( F ) is recalling up to 59,006 vehicles in the US equipped with engine block heaters due to fire risks, according to a recall notice issued by the National Highway Traffic Safety Administration on Wednesday. The US auto safety regulator said engine block heaters may crack and develop a coolant...

Oct 16 (Reuters) - American Electric Power ( AEP ) said on Thursday its unit AEP Transmission has closed a $1.6 billion loan guarantee from the U.S. energy department to upgrade nearly 5,000 miles of transmission lines in Indiana, Michigan, Ohio, Oklahoma and West Virginia. Shares of the company rose 1.2% in premarket trading. Power consumption is expected to hit...

Oct 16 (Reuters) - Insurance broker Marsh McLennan ( MMC ) reported a rise in third-quarter adjusted profit on Thursday, helped by strong performance in its risk and insurance services business. Spending on insurance recovered in the reporting quarter after a period of uncertainty tied to U.S. President Donald Trump's shifting tariff policies. Brokers generate revenue through commissions are tied...