Whitehaven books record profit, expects coal prices to stay elevated

Whitehaven books record profit, expects coal prices to stay elevated

The logo of Australia’s biggest independent coal miner Whitehaven Coal Ltd is displayed on their office building located in the north-western New South Wales town of Gunnedah in Australia, August 15, 2017. Picture taken August 15, 2017. REUTERS/David Gray Register now for FREE unlimited access to Reuters.com Register Aug 25 (Reuters) – Whitehaven Coal (WHC.AX) … Read more

AMC falls after Cineworld’s bankruptcy warning on day ‘APE’ starts trading

AMC falls after Cineworld’s bankruptcy warning on day ‘APE’ starts trading

An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 22 (Reuters) – AMC Entertainment Holdings’ shares (AMC.N) tumbled nearly 30% on Monday after UK-based Cineworld’s (CINE.L) … Read more

Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Exclusive: Tencent plans to divest Meituan stake worth  billion

Tencent seeks to kick off Meituan stake sale this year-sources Sale seeks to placate regulators, monetise 8-year-old bet-sources Stake sale likely to be done as a block trade – sources Move comes after Tencent’s divestments of JD.com, SEA stakes Meituan shares sink 10%; Tencent shares recover HONG KONG, Aug 16 (Reuters) – China’s Tencent Holdings … Read more

Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway posts massive .8 billion loss; operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in U.S. stock prices … Read more

Tesla sets Aug 25 as trading day for three-for-one split shares

Tesla sets Aug 25 as trading day for three-for-one split shares

The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register Aug 5 (Reuters) – Tesla Inc (TSLA.O) said on Friday trading in its three-for-one split shares will start on Aug. 25, after the electric vehicle maker’s … Read more

HSBC hangs up on Ping An break-up call, lifts payout and profit goal

HSBC hangs up on Ping An break-up call, lifts payout and profit goal

HSBC to revert to paying quarterly dividends from 2023 Aims to win over investors with higher profitability target Says demerger of Asian business has huge risks London shares rise 6% LONDON/SINGAPORE, Aug 1 (Reuters) – HSBC (HSBA.L) pushed back on a proposal by top shareholder Ping An Insurance Group Co of China (601318.SS) to split … Read more

Shell smashes record again with $11.5 billion profit

Shell smashes record again with .5 billion profit

General view of a Shell petrol station sign in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register Shell announced $6 bln buyback programme Refining margins triple in second quarter Strong gas and power trading lift profits LONDON, July 28 (Reuters) – … Read more

S&P 500 dips with Fed policy announcement on tap

S&P 500 dips with Fed policy announcement on tap

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 7, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register FedEx jumps after lifting quarterly dividend by more than 50% Oracle rises as sales, profit top estimates on cloud boom Continental Resources … Read more

U.S. gasoline average price tops $5 per gallon in historic first

U.S. gasoline average price tops  per gallon in historic first

June 11 (Reuters) – The price of U.S. gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation. The national average price for regular unleaded gas rose to $5.004 a gallon on June 11 from $4.986 … Read more

Exxon signals record quarterly profit from oil and gas prices

Exxon signals record quarterly profit from oil and gas prices

Signage seen at a gas station at an Exxon gas station in Brooklyn, New York City, USA, November 23, 2021. REUTERS / Andrew Kelly Sign up now for FREE unlimited access to Reuters.com Sign up HOUSTON, April 4 (Reuters) – Exxon Mobil Corp (XOM.N) said Monday that their first-quarter results could top a seven-year quarterly … Read more