Ex-Tesla Engineer Aims To Build Next-generation Battery Materials In U.S.
By Hyunjoo Jin SAN FRANCISCO (Reuters) – A battery startup founded by a former Tesla engineer announced on Tuesday plans…
Slovakia, Hungary won’t back EU sanctions on Russian energy
BUDAPEST, Hungary (AP) — Slovakia and Hungary said Tuesday that they will not support sanctions against Russian energy that the…
Paramount Misses Quarterly Revenue Estimates On Weak TV Ad Sales
By Eva Mathews and Helen Coster (Reuters) – Paramount Global said on Tuesday it added more than 6 million streaming…
Snarled-up Ports Point To Worsening Global Supply Chain Woes – Report
By Marc Jones LONDON (Reuters) – Global supply chain problems look to set to worsen, a new report published on…
German opposition leader visits Kyiv, Scholz refuses to go
KYIV, Ukraine (AP) — Germany’s conservative opposition leader traveled to Kyiv on Tuesday for meetings with Ukrainian officials, as Chancellor…
Strong BP profit renews call for energy sector windfall tax
LONDON (AP) — BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas…
Marathon Petroleum Posts Profit On Robust Refining Margins
(Reuters) -U.S. refiner Marathon Petroleum posted a first-quarter profit on Tuesday, compared with a loss last year, buoyed by strong…
Change at the top for Biogen after Alzheimer’s drug flops
Biogen will replace its CEO and largely abandon marketing of its controversial Alzheimer’s drug Aduhelm less than a year after…
KKR’s First-quarter Earnings Jump 47% On Strong Asset Sales, Fees
(Reuters) – Private equity firm KKR & Co Inc said on Tuesday that its first-quarter distributable earnings rose 47% year-on-year,…
Hong Kong economy shrinks 4% under anti-virus controls
HONG KONG (AP) — Hong Kong’s economy shrank by 4% compared with a year earlier in the quarter ending in…