Business
Big Oil to take centerstage at Houston meet as markets, alliances shift
By Liz Hampton HOUSTON (Reuters) – Top energy executives and officials from around the world will descend on Houston next week just…
Business
Ericsson pleads guilty to U.S. charges after violating previous deal
(Reuters) – Sweden’s Ericsson has agreed to pay $206 million and plead guilty to U.S. corruption charges after it violated a previous…
Business
SpaceX ready to retry launching NASA’s next space station crew
By Joe Skipper and Steve Gorman CAPE CANAVERAL, Florida (Reuters) – Elon Musk’s rocket company SpaceX was ready to try again at…
Business
U.S. House panel approves bill giving Biden power to ban TikTok
By David Shepardson WASHINGTON (Reuters) -The U.S. House Foreign Affairs Committee voted on Wednesday along party lines to give President Joe Biden…
Business
Elon Musk hints at two future Teslas, higher production efficiency
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Inc engineers at the company’s Investor Day on Wednesday described plans to cut vehicle…
Business
UniCredit plans 30% CEO pay hike linked to beating goals
By Valentina Za MILAN (Reuters) -UniCredit will ask shareholders to approve a new pay structure for Chief Executive Andrea Orcel which offers…
Business
Oil slips as rising supplies balance Chinese demand hopes
By Alex Lawler LONDON (Reuters) – Oil slipped on Wednesday, giving up an earlier gain, as signs of ample supply and rising…
Business
AMC beats revenue estimates as ‘Avatar’ lures movie fans
(Reuters) -AMC Entertainment Holdings Inc beat Wall Street estimates for fourth-quarter revenue on Tuesday, as box-office hits such as “Avatar: The Way…
Business
U.S. Postal Service plans to buy 9,250 EV Ford delivery vehicles
WASHINGTON (Reuters) – The U.S. Postal Service (USPS) said on Tuesday it plans to buy 9,250 Ford E-Transit battery electric vehicles starting…
Business
Brazilian meat processor BRF posts $115 million fourth quarter loss
SAO PAULO (Reuters) -Brazil’s BRF posted a 601 million real ($114.7 mln) net loss in the fourth quarter on Tuesday, significantly above…