Uber confident on profit as ride-sharing rebounds in 2023
By Yuvraj Malik (Reuters) -Uber Technologies Inc forecast quarterly core earnings above estimates on Tuesday, after a surge in demand…
Business
Chevron export earnings boost supply of US dollars in Venezuela -sources
By Mayela Armas CARACAS (Reuters) – Some of U.S. oil major Chevron Corp’s export earnings from its Venezuela operations are…
Refiner Marathon Petroleum expects strong margins in 2023 on high demand
By Arunima Kumar (Reuters) -Marathon Petroleum Corp said on Tuesday it expects strong margins throughout 2023 as demand grows while…
Perfect storm in Minnesota labor market is worrying harbinger for the Fed
By Howard Schneider FARIBAULT, Minnesota (Reuters) – Demand for Daikin Applied Americas Inc’s climate control equipment is soaring, and worker…
In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla
By Nick Carey BRIXWORTH, England (Reuters) – Mercedes-Benz has plugged its Formula One team into the engineering process to build…
BP’s profit hits $5 billion but shares slip on slowing buybacks
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP made a $5 billion profit in the first quarter of…
Pfizer leans on COVID products to top estimates
By Bhanvi Satija and Raghav Mahobe (Reuters) – Pfizer Inc on Tuesday reported higher-than-expected first-quarter revenue and profit, buoyed by…
Key Fed officials see low-rate world as likely to return one day
By Michael S. Derby (Reuters) – For all the assertions that the pandemic and the inflation surge that followed it…
Italy CPI rises again in April amid energy prices volatility
By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in April, driven by another spike in energy prices, official…
HSBC soothes shareholders by restoring dividend as profit triples
By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) – HSBC tripled its profit in the first quarter as rising…