Chevron to boost U.S. presence with $7.6 billion PDC Energy buy
By Sabrina Valle HOUSTON (Reuters) -Chevron Corp said on Monday it is increasing its U.S. oil and gas footprint by…
May 22, 2023
Germany to earmark 4 billion euros annually for power subsidy – economy minister
BERLIN (Reuters) – Germany plans to earmark around 4 billion euros ($4.40 billion) annually to subsidize electricity prices for energy-intensive…
First Citizens sues HSBC for hiring away Silicon Valley Bank staff
By Daniel Wiessner (Reuters) -First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC…
OpenAI is exploring collective decisions on AI, like Wikipedia entries
By Jeffrey Dastin and Anna Tong (Reuters) -ChatGPT’s creator OpenAI is testing how to gather broad input on decisions impacting…
Over 60,000 have fled to Chad from Sudan since conflict started -UNHCR
DAKAR (Reuters) – Between 60,000 and 90,000 people have fled from Sudan to neighbouring Chad since violence erupted last month,…
U.S., Papua New Guinea sign defence pact at Pacific summit
By Kirsty Needham (Reuters) – U.S. Secretary of State Antony Blinken said a defence cooperation pact signed with Papua New…
US seeks labor rights probe at Goodyear Tire in Mexico
By Daina Beth Solomon and David Lawder WASHINGTON/MEXICO CITY (Reuters) – U.S. labor officials on Monday said they have asked…
JPMorgan sees rise in corporate defaults in Latin America
(Reuters) – JPMorgan increased its corporate default rate forecast for all emerging markets to 6% from 5.5% on Monday, citing…
Banks win dismissal of U.S. silver price-fixing litigation
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday dismissed long-running litigation by investors who accused HSBC…
Credit Suisse bankruptcy event has not occurred – CDS panel
By Herbert Lash (Reuters) -A derivatives committee ruled on Monday that a bankruptcy credit event had not occurred in relation…