(Reuters) – Bridgewater Associates, the hedge fund founded by billionaire Ray Dalio, is naming Karen Karniol-Tambour as its third co-chief…
U.S. refiners throttle back Q1 output after record 2022 runs
By Erwin Seba HOUSTON (Reuters) – U.S. oil refiners are dialing back operating runs this quarter after sky-high utilization rates…
Eli Lilly’s weak diabetes drugs sales cloud 2023 profit forecast
By Bhanvi Satija and Patrick Wingrove (Reuters) -Eli Lilly and Co missed Wall Street estimates for fourth-quarter sales of both…
ConocoPhillips joins Big Oil’s parade of bumper profits but shares fall
By Arunima Kumar and Liz Hampton (Reuters) -ConocoPhillips said on Thursday its profit more than doubled to $18.7 billion in…
Google tees up venue clash over U.S. advertising antitrust lawsuit
By Mike Scarcella (Reuters) – Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge…
Analysts sceptical as Casino opens talks with Teract
By Mathieu Rosemain and Dominique Vidalon PARIS (Reuters) – Casino’s preliminary talks with Teract to combine their French retail activities…
After a joint rate surge, central banks start to see the end in sight
By Howard Schneider, Balazs Koranyi and William Schomberg WASHINGTON/FRANKFURT/LONDON (Reuters) – Global central banks that raced to raise interest rates…
Profit of NYSE parent ICE hit by mortgage headwinds, misses views
(Reuters) -New York Stock Exchange-owner Intercontinental Exchange Inc on Thursday reported a fourth-quarter profit slightly below Wall Street expectations, as…
Markets to central bankers: we don’t believe you
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Central bank policy announcements, once viewed as the rule book for…
Corporate lawsuit dodge imperiled after court rejects J&J bankruptcy tactic
By Dan Levine and Mike Spector (Reuters) – Attorney Greg Gordon, a partner at the Jones Day law firm, offered…