ArcelorMittal Increases Buyback Program, Sees Global Steel Dip
By Marine Strauss BRUSSELS (Reuters) – ArcelorMittal reported higher-than-expected core profit in the first quarter on Thursday, but said it…
2022
Oil Climbs Higher On Supply Jitters As EU Lays Out Russian Oil Ban
By Florence Tan (Reuters) – Oil prices extended gains on Thursday on supply concerns as the European Union proposal laid…
Shell Posts Record Profit On High Energy Prices And Trading Boost
LONDON (Reuters) – Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted…
Asian stocks follow Wall St down as rate hike worries grow
BEIJING (AP) — Asian stocks followed Wall Street lower Friday as fears spread that U.S. interest rate hikes to fight…
Air France-KLM Beats Earnings Forecasts As Summer Bookings Take Off
PARIS (Reuters) – Air France-KLM posted a first-quarter core profit that landed ahead of its own forecasts, fuelled by a…
Japan Says Difficult To Immediately Follow Russia Oil Embargo
TOKYO (Reuters) – Japan would face “difficulty” to immediately follow a move to cut off Russian oil imports over the…
Rising interest rates in US will hinder foreign economies
WASHINGTON (AP) — When the Federal Reserve raises interest rates — as it did Wednesday — the impact doesn’t stop…
Rio Tinto Keen For Talks To Revive Serbian Lithium Project
By Sonali Paul MELBOURNE (Reuters) -Rio Tinto is eager to reopen talks with the Serbian government about its $2.4 billion…
Asian Shares Firm As Fed Tempers Aggressive Rate Hike Bets
By Alun John and Selena Li HONG KONG (Reuters) – Asian shares tracked Wall Street gains on Thursday after the…
China’s Services Activity Falls At Second Sharpest Rate On Record – Caixin PMI
BEIJING (Reuters) – China’s services sector activity contracted at the second-steepest rate on record in April, as COVID curbs halted…