HOUSTON, Jan. 31 (Reuters) – Exxon Mobil Corp (XOM.N) posted a net profit of $56 billion for 2022, the company said Tuesday, taking home about $6.3 million an hour last year and not just set a company record, but also a historic high point for the Western oil industry. Oil companies are expected to break … Read more
WASHINGTON, Jan. 31 (Reuters) – Tesla Inc (TSLA.O) announced on Tuesday that the US Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot driver assistance systems as regulations tighten. The automaker said in a filing that it has “received requests from the DOJ for documents related to Tesla’s Autopilot and FSD … Read more
The loss in 2022 surpasses the previous record set in 2008 Inflation and geopolitical tensions remain risk factors Record inflow of money from the oil and gas industry OSLO, Jan. 31 (Reuters) – The Norwegian wealth fund, one of the world’s largest investors, posted a record loss of 1.64 trillion kroner ($164.4 billion) for 2022, … Read more
SARARO, Iraq, Jan. 31. (Reuters) – Three Turkish military outposts, towering over the abandoned village of Sararo in northern Iraq, pierce the skyline, part of a raid that forced residents to flee after days of shelling last year. The outposts are just a few of dozens of new military bases Turkey has established on Iraqi … Read more
MUMBAI, Jan. 31 (Reuters) – Indian billionaire Gautam Adani’s $2.5 billion share sale moved closer to full subscription on Tuesday as investors pumped in cash after a tumultuous week for his group in which the shares were ravaged by a destructive short-seller -report. The secondary share sale of flagship Adani Enterprises (ADEL.NS) was 85% underwritten … Read more
NEW YORK, Jan. 30 (Reuters) – A US judge on Monday said the names of two people who helped secure bail for indicted founder of the FTX cryptocurrency exchange, Sam Bankman-Fried, must be made public, but he has stayed his ruling pending an expected appeal. U.S. District Judge Lewis Kaplan in Manhattan ruled in favor … Read more
NEW YORK, Jan. 30 (Reuters) – Bed Bath & Beyond Inc (BBBY.O) is gearing up to seek bankruptcy protection as early as this week and has liquidators lined up to close additional stores unless a last-minute buyer appears, four people familiar with the matter said Monday. The timing of an eventual bankruptcy filing was in … Read more
Biden says “no” when asked about F-16s for Ukraine Zelensky says Moscow is seeking “big revenge.” Russian administrator claims foothold in Vuhledar Kiev could recapture ground if western weapons arrive – group KYIV, Jan. 31 (Reuters) – Ukraine’s defense minister will meet President Emmanuel Macron in Paris on Tuesday amid a debate among Kyiv’s allies … Read more
Jan 30 (Reuters) – The Biden administration has stopped approving licenses for US companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions around items for 5G and other technologies for several years, but U.S. Department of Commerce officials have issued licenses to … Read more
Pavel won the Czech presidential election on Saturday Pavel, the Taiwanese Tsai emphasize their shared values in conversation China opposes other countries doing business with Taiwan Beijing considers Taiwan a renegade province TAIPEI/PRAGUE, Jan. 30 (Reuters) – Taiwanese President Tsai Ing-wen held a phone call with Czech President-elect Petr Pavel on Monday, a highly unusual … Read more
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