Oil producer APA’s second-quarter profit nearly triples
(Reuters) -U.S. oil producer APA Corp reported a second-quarter profit that nearly tripled on Wednesday, bolstered by surging crude prices. Houston, Texas based APA is...
MP Materials profit more than doubles on higher rare earths prices
(Reuters) -Rare earths miner MP Materials Inc reported a better-than-expected quarterly profit on Thursday due to rising demand and prices for the materials used to...
Russian gas cut to Europe hits economic hopes after Ukraine grain deal
By Pavel Polityuk and Max Hunder KYIV (Reuters) -Russia will further cut gas supplies to Europe in a blow to countries that have supported Kyiv...
European shares fall as energy stocks weigh; focus on U.S. jobs data
By Bansari Mayur Kamdar (Reuters) – European shares edged lower on Friday as crude prices continued to weigh on energy stocks, with all eyes on...
China sentences tycoon Xiao Jianhua to 13 years, fines his company $8.1 billion
BEIJING (Reuters) – A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in jail and...
Google search ads beat targets despite global ‘uncertainty’
By Paresh Dave and Nivedita Balu (Reuters) -Google search ads lifted parent Alphabet Inc close to Wall Street sales expectations on Tuesday, sending shares up...
Zoom tempers annual profit, revenue outlook as demand falters
(Reuters) -Zoom Video Communications Inc on Monday cut its annual profit and revenue forecasts as demand for the video-conferencing platform cools off from pandemic highs,...
U.S. judge weighs Ben & Jerry’s claims against owner over Israeli business
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday appeared skeptical that Ben & Jerry’s deserved an immediate injunction...
Harley’s electric motorcycle division to go public via $1.7 billion SPAC deal
(Reuters) -Harley-Davidson Inc's electric-motorcycle division LiveWire will go public through a merger with a blank-check firm in a deal valuing it at $1.77 billion, the company said on Monday, as the
Walmart cuts profit forecast, blames food and fuel inflation
NEW YORK (Reuters) -Walmart Inc on Monday said it was cutting its forecast for full-year profit, due to higher sales of lower-margin food products and...