Valero Kicks Off U.S. Refiners’ First-quarter Earnings With Profit
(Reuters) – Valero Energy Corp on Tuesday reported a first-quarter profit compared to a year-ago loss, thanks to higher demand…
Air Canada Narrows Quarterly Loss As More Passengers Fly
MONTREAL (Reuters) – Air Canada on Tuesday reported a smaller quarterly loss, as more passengers flew due to an easing…
Russia’s war heats up cooking oil prices in global squeeze
ISTANBUL (AP) — For months, Istanbul restaurant Tarihi Balikca tried to absorb the surging cost of the sunflower oil its…
HSBC Profit Falls On Credit Charges As Economic Outlook Worsens
By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) – HSBC has shelved plans for fresh stock buybacks this year after…
Musk’s ‘free speech’ push for Twitter: Repeating history?
Elon Musk, the world’s richest man, is spending $44 billion to acquire Twitter with the stated aim of turning it…
Global Airline Capacity Hits 2022 High As China Demand Rebounds – OAG
By Koustav Samanta (Reuters) – Global airline capacity has surged to its highest level in 2022 this week because of…
Sri Lanka, China discusses loan from Beijing to cover debts
COLOMBO, Sri Lanka (AP) — Sri Lanka’s government said Tuesday it is discussing obtaining another loan from Beijing to repay…
Uber admits misleading Australian riders, agrees to pay $19M
CANBERRA, Australia (AP) — Uber agreed to pay a 26 million Australian dollar ($19 million) fine for misleading riders by…
China Dismisses Speculation It May Try To Influence Twitter Via Tesla
BEIJING (Reuters) – China’s foreign ministry said on Tuesday there was no basis to speculation that Beijing could try to…
Marketmind: Sold, To The Billionaire At The Back Of The Room
A look at the day ahead in markets from Dhara Ranasinghe. Billionaire Elon Musk’s $44 billion cash deal to buy…