By Luis Jaime Acosta, Oliver Griffin and Sabrina Valle BOGOTA/HOUSTON (Reuters) – Exxon Mobil Corp is in talks with Colombia’s government in hopes of recovering its investment in a fracking pilot project as the U.S. oil major prepares to ditch upstream operations in the Andean country where the government is pushing through a fracking ban,…
By Andy Sullivan and Valerie Volcovici WASHINGTON (Reuters) – Solar and EV companies are warning that a Republican plan to slash federal spending in exchange for a hike in the U.S. debt ceiling could hobble the tax incentives that unleashed billions of dollars in green investment and created tens of thousands of jobs in Republican…
A look at the day ahead in U.S. and global markets from Mike Dolan The Big Tech earnings season is going some way to justifying the striking outperformance of its mega cap shares this year, with Meta Platforms the latest to impress overnight and Amazon advancing ahead of its readout on Thursday. Perhaps even more…
By Tom Hals WILMINGTON, Delaware (Reuters) -When attorneys for Florida Governor Ron DeSantis appear in court to defend against Walt Disney Co’s lawsuit that accuses the Republican official of weaponizing state government, they will see a familiar face, if not always a welcome one. U.S. District Judge Mark Walker in Tallahassee has struck down several…
By Matteo Allievi and Natalia Siniawski (Reuters) – Spanish steelmaker Acerinox beat first quarter net profit expectations on Thursday, driven by growth in its U.S. operations, and forecast slightly better earnings in the second quarter. Net profit was 136 million euros ($150 million), well above analysts’ average forecast of 83 million euros, according to Refinitiv…
By Aditya Kalra NEW DELHI (Reuters) -The broadcast venture of India’s Reliance has struck a deal with Warner Bros Discovery Inc. for its streaming platform JioCinema, making a big push to bring Hollywood content onto the platform and compete against Netflix and Amazon. The deal between Reliance’s Viacom18 would see Warner Bros as well as…
By Padraic Halpin DUBLIN (Reuters) -Global leasing giant Avolon said on Thursday it had committed to ordering 40 Boeing 737 MAX aircraft in a deal worth over $4 billion at current list prices, a boost for the U.S. planemaker as it grapples with fresh delivery issues. Avolon, the world’s third largest aircraft leasing firm, said…
By Sarah N. Lynch, Idrees Ali and Phil Stewart (Reuters) -A U.S. Air National Guardsman accused of leaking classified military documents has a history of making violent threats, used his government computer to research mass shootings, and tried to destroy evidence of his crimes, federal prosecutors said on Wednesday. In a 48-page filing, the Justice…
By Lawrence White LONDON (Reuters) – Allegations made against British bank Barclays’ former CEO Jes Staley regarding his ties with sex offender Jeffrey Epstein are “very serious”, the lender’s current CEO C.S. Venkatakrishnan said on Thursday. In a call with reporters after the lender’s first quarter results were published, Venkat said he was not in…
JERUSALEM (Reuters) – Potential U.S. presidential candidate Ron DeSantis on Thursday hailed Israel as “one of the most valued and trusted” allies of his country as he visited Jerusalem during a foreign tour designed to burnish his prospects as a statesman. DeSantis noted his opposition, as Florida governor, to pro-Palestinian campaigns to isolate Israel, his…
