Nikola Posts Wider Quarterly Loss As Production Costs Rise
(Reuters) -Nikola Corp reported wider quarterly losses on Thursday, with the electric-truck maker incurring higher costs as it ramped up…
Reuters
OPEC+ Sticks To Modest Oil Output Hike Despite Price Rally
By Maha El Dahan, Ahmad Ghaddar and Alex Lawler LONDON (Reuters) -OPEC+ agreed on Thursday to another modest monthly oil…
ECB Sees Sequence Of Moves To Lift Rates Into Positive Territory: Lane
FRANKFURT (Reuters) -The European Central Bank is preparing for a sequence of rate hikes that will put its benchmark rate…
European Banks Weather Ukraine War In Q1 Earnings
LONDON (Reuters) – European banks counted the rising cost of war in Ukraine on Thursday as France’s Societe Generale, Credit…
Conocophillips Profit Rises On Strong Crude Prices
(Reuters) – U.S. oil producer Conocophillips reported a higher first-quarter profit on Thursday, helped by a surge in crude prices…
Musk Secures Over $7 Billion Funding From Investors Including Larry Ellison
(Reuters) – Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder…
Oil Climbs On Supply Jitters As EU Plans Russian Oil Ban
By Bozorgmehr Sharafedin , LONDON (Reuters) -Oil prices extended gains on Thursday on supply concerns after the European Union laid…
Didi, Lenovo Founders Go Private On China Social Media, Join Retreat From Spotlight
By Josh Ye HONG KONG (Reuters) – The president of Chinese ride-hailing giant Didi Chuxing and her father, the founder…
Bank Of England Set For 4th Straight Rate Hike To Fight Inflation
By William Schomberg LONDON (Reuters) – The Bank of England looks poised to raise interest rates on Thursday for the…
German Industrial Orders Fall As Ukraine War Dampens Demand
BERLIN (Reuters) -German industrial orders fell more than expected in March, driven mainly by a reduction in orders from abroad…