First Republic shares gain on hopes of rescue deal

Shares of First Republic gained 11% in premarket trading on Friday after a report that U.S. officials are coordinating urgent talks to rescue the regional lender as private-sector efforts led by the bank's advisers have yet to reach a deal.

newspaper

28-04-2023

Exxon delivers record first-quarter profit on higher output

HOUSTON (Reuters) -Exxon Mobil Corp on Friday reported a record first-quarter profit that was more than double a year ago and topped Wall Street estimates as rising oil and gas output overcame a pullback in energy prices from high levels.

newspaper

28-04-2023

Exxon delivers a record first-quarter profit on higher output

Exxon Mobil Corp on Friday reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising oil and gas output overcame a pullback in energy prices from high levels.

newspaper

28-04-2023

Tyson Foods to eliminate 10% of corporate jobs - memo

Tyson Foods Inc will eliminate about 10% of corporate jobs and 15% of senior leadership roles, Chief Executive Donnie King told employees on Wednesday.

newspaper

26-04-2023

Tesla broke U.S. labor law by silencing workers, official rules

Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official has ruled.

newspaper

26-04-2023

China rolls out plan to boost trade amid weakening global demand

BEIJING (Reuters) -China's cabinet on Tuesday issued a plan to stabilise its vital trade sector, including supporting exports of automobiles and facilitating visas for overseas businessmen, as subdued global demand threatens its exports outlook.

newspaper

25-04-2023

China says it will expand import and export of key products

China will expand imports and exports of key products, and support exports of automobiles, the State Council said on Tuesday.

newspaper

25-04-2023

Investors flock to one-month bills on US debt ceiling jitters, shun others

Rising concerns that the U.S. Treasury Department could hit its debt limit in the coming months are leading investors to shun certain Treasury bills and pour into others as they seek out low risk places to park cash.

newspaper

24-04-2023

Argentina's lithium pipeline promises 'white gold' boom as Chile tightens control

In Argentina's mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock a wave of production that could see its output of the key electric vehicle battery metal as much as triple within the next two years.

newspaper

24-04-2023