HOUSTON (Reuters) – Refiner Citgo Petroleum is on track for a $2.5 billion profit this year, which it plans to…
Defense firm L3Harris to buy Aerojet for $4.7 billion with eye on missile demand
(Corrects premium percentage in paragraph 3 to 5.7%, not 6.5%) (Reuters) – U.S. defense contractor L3Harris Technologies Inc said on…
BlackRock plans no big changes to ESG stance despite backlash
By Simon Jessop LONDON (Reuters) – BlackRock plans no major changes to the way it engages with companies and votes…
Special Report-Binance’s books are a black box, filings show, as crypto giant tries to rally confidence
By Tom Wilson, Angus Berwick and Elizabeth Howcroft LONDON (Reuters) – The world’s biggest crypto exchange, Binance, is battling to…
Mondelez to sell gum business in developed markets for $1.35 billion
(Reuters) -Oreo maker Mondelez International Inc said on Monday it had agreed to sell its gum business, including brands such…
Insurers shun FTX-linked crypto firms as contagion risk mounts
By Noor Zainab Hussain and Carolyn Cohn (Reuters) – Insurers are denying or limiting coverage to clients with exposure to…
U.S. poised to become net exporter of crude oil in 2023
By Arathy Somasekhar HOUSTON (Reuters) – The United States has become a global crude oil exporting power over the last…
Revlon and key creditors strike deal, April bankruptcy exit
By Dietrich Knauth (Reuters) – Bankrupt cosmetics giant Revlon Inc on Monday reached a restructuring agreement which would turn over…
Explainer-Europe’s hard-fought plan to cap gas prices
(Adds EU plan for new gas benchmark price, detail on original Commission proposal) By Susanna Twidale, Kate Abnett and Gabriela…
Analysis-Italy’s cash payments U-turn is all gain, no pain
By Valentina Za MILAN (Reuters) – Dropping a plan to boost small cash payments is the smart thing for Italy…