Short sellers reap $378.9 million from losses in PacWest, two other bank stocks – Ortex
(Reuters) – Short sellers made $378.9 million in paper profits betting against regional banks First Horizon Corp, PacWest Bancorp and…
May 4, 2023
Canada’s Enbridge reaches Mainline toll agreement with oil shippers
By Rod Nickel and Sourasis Bose (Reuters) -Canada’s Enbridge Inc said on Thursday it has reached a toll agreement with…
Analysis-Markets bet ECB will pause hikes soon as economy feels rate pinch
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The ECB may not be done with rate hikes just yet,…
European shares end lower as ECB slows rate hikes but signals more to come
By Shreyashi Sanyal (Reuters) -European shares ended Thursday lower after the European Central Bank eased the pace of its interest…
Four taken to hospital after gas leak at Marathon’s Los Angeles refinery
(Reuters) – Marathon Petroleum said on Thursday four employees were transported to local medical facilities for evaluation after they were…
Western Alliance Bancorp denies report of bank exploring sale
(Reuters) -Western Alliance Bancorp on Thursday denied a report that said it was exploring a potential sale that sent the…
Larry Page may be served in Jeffrey Epstein case, judge rules
NEW YORK (Reuters) – The U.S. Virgin Islands may serve legal papers on Larry Page as part of its lawsuit…
Ferrari sees strong second quarter as Purosangue deliveries start
MILAN (Reuters) -Ferrari on Thursday produced a bigger than expected 27% rise in first-quarter core profit and forecast a strong…
HF Sinclair’s bid for Holly Energy overshadows profit beat, shares down
By Sourasis Bose (Reuters) -U.S. refiner HF Sinclair Corp beat estimates for first-quarter profit on Thursday and said it had…
Royal Caribbean raises profit forecast buoyed by travel boom, higher prices
By Deborah Mary Sophia (Reuters) – Royal Caribbean Group raised its annual profit forecast after upbeat quarterly results on Thursday,…