By Arshreet Singh (Reuters) -U.S. oil and gas company Chesapeake Energy Corp on Tuesday beat estimates for first-quarter profit on higher production of natural gas despite lower prices. The United States has emerged as the world’s largest LNG exporter after Western sanctions on major supplier Russia, which has boosted demand for U.S. natural gas and…
By Idrees Ali and Ted Hesson WASHINGTON (Reuters) -President Joe Biden’s administration will temporarily send 1,500 additional troops to help secure the U.S.-Mexico border, the Pentagon said on Tuesday, in preparation for a possible rise in illegal immigration when COVID-19 border restrictions lift later this month. The 90-day deployment of active-duty troops will supplement the…
By Mohamed Noureldin KHARTOUM (Reuters) – Sudan’s warring military factions agreed to a new and longer seven-day ceasefire from Thursday, neighbour and mediator South Sudan said, even as more air strikes and shooting in the Khartoum capital region undercut their latest supposed truce. Previous ceasefire pledges have ranged from 24 to 72 hours but there…
By Anthony Boadle BRASILIA (Reuters) – Brazil’s government and judiciary objected on Tuesday to big tech firms campaigning against an internet regulation bill aimed at cracking down on fake news, alleging undue interference in the debate in Congress. Bill 2630, also known as the Fake News Law, puts the onus on the internet companies, search…
By Chavi Mehta, Jane Lanhee Lee and Stephen Nellis (Reuters) -Advanced Micro Devices shares slumped on Tuesday after the chipmaker forecast quarterly sales below estimates due to a weak PC market, overshadowing the company’s optimism that the chip market would start to recover in the second half of 2023. The company also missed analyst estimates…
(Reuters) -The bodies of seven people, including two missing teens and a convicted sex offender, were found Monday afternoon on a property near the small Oklahoma city of Henryetta, the county sheriff said. Corpses believed to be 14-year-old Ivy Webster and 16-year-old Brittany Brewer were found when officers searched the property where the sex offender,…
(Reuters) -PNC Financial Services Group Inc said on Tuesday the parent company and its banking unit can offer up to $15 billion of its commercial paper to provide additional liquidity. The regional bank, which has so far been insulated from deposit flight, said in a filing the holding company can offer up to $5 billion…
By Andrea Shalal WASHINGTON (Reuters) -A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at curbing inflation were having a negative impact on the banking sector, and warned Republicans against worsening the situation with their debt ceiling threats. Heather Boushey, a member of the White House Council of Economic Advisers,…
By Sheila Dang (Reuters) -TikTok said on Tuesday its head of U.S. trust and safety, Eric Han, will depart the company on May 12, leaving the popular short-form video app without a key executive as it fights the threat of a ban in the U.S. TikTok, which is owned by Chinese tech company ByteDance, has…
SAO PAULO(Reuters) -Carrefour Brasil reported a first quarter net loss of 113 million reais ($22.39 million), hit by high investment costs at its acquired food retailer Grupo BIG, the company said in a filing with Brazil’s main stock exchange on Tuesday. The company posted a net profit of 370 million reais in the same January-to-March…
