OSLO (Reuters) – Norway’s $1.15 trillion fund, the world’s largest, posted a loss of 449 billion Norwegian crowns ($43.47 billion)…
BYD posts 350% jump in Q3 net profit on sales surge
SHANGHAI (Reuters) -China’s biggest electric vehicle (EV) maker BYD said its third-quarter net profit jumped 350% from a year ago,…
Glencore set for record 2022 trading profit despite second-half fall
LONDON (Reuters) – Glencore expects second-half operating profit at its trading arm to fall sharply from the previous six months…
Japan unveils $200 billion in new spending to ease inflation pain
By Leika Kihara and Daniel Leussink TOKYO (Reuters) -Japan said on Friday it would spend $200 billion on an economic…
Chevron’s $11.2 billion quarterly profit soars past estimates
By Sabrina Valle HOUSTON (Reuters) – Chevron Corp on Friday reported its second-highest ever quarterly profit, blasting past analysts’ estimates,…
Shell’s outgoing CEO to get full-year salary as compensation for loss of office
(Reuters) – Shell’s outgoing Chief Executive Ben van Beurden will get one-year base salary of 1.42 million pounds ($1.64 million)…
Marketmind: Tech melts, buck bounces
A look at the day ahead in U.S. and global markets from Mike Dolan. A brutal week for technology stocks…
Who funded Trump’s Truth Social? Some answers
By Helen Coster and Krystal Hu (Reuters) – Ever since former U.S. President Donald Trump launched a new media company…
Fed may be alert to favoured yield curve alarm :Mike Dolan
By Mike Dolan LONDON (Reuters) -If the U.S. Federal Reserve tends to tighten hard until something breaks, as some investors…
Signify cuts outlook but sees demand for energy-efficient lights
By Valentine Baldassari (Reuters) -Signify, the world’s biggest lighting maker, cut its full-year outlook on Friday, hit by lower consumer…