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…
Pfizer profit soars in first quarter, revises 2022 forecast
COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street’s first-quarter expectations, as the drugmaker’s profit grew 61%. The…
Thomson Reuters Reports Higher First-quarter Revenues And Operating Profit
NEW YORK (Reuters) – Thomson Reuters Corp on Tuesday reported higher revenues and operating profit in the first quarter and…
Russian Retailers In Talks To Import Goods Via Kazakhstan -report
ALMATY (Reuters) – Russian retailers Magnit and Lenta are in talks with their suppliers and other parties about importing goods…