Oil mergers, clean fuels vie for attention at Houston energy conference
By Arathy Somasekhar HOUSTON (Reuters) -Top oil executives and ministers descend on Houston this week for one of the world’s…
Category: Business
Tesla shares gain after Model Y price hike in US, Europe
By Chibuike Oguh NEW YORK (Reuters) -Shares of Tesla jumped nearly 7% on Monday after the automaker announced price increases…
Berkshire Hathaway speeds up stock buybacks
(Reuters) – Berkshire Hathaway has increased its pace of repurchasing its own shares, a sign that longtime Chairman Warren Buffett…
Swiss bank UBS targets US deals, says chairman
ZURICH (Reuters) – Swiss banking giant UBS will look for merger and acquisitions opportunities in the United States in the…
Exclusive-Musk’s SpaceX is building spy satellite network for US intelligence agency, sources say
By Joey Roulette and Marisa Taylor WASHINGTON (Reuters) – SpaceX is building a network of hundreds of spy satellites under…
Big Mac goes Big Tech, with a few hiccups
By Waylon Cunningham SAN ANTONIO, Texas (Reuters) – When McDonald’s first opened for business in the 1940s, its workers stood…
US investigating Meta for role in illicit drug sales, WSJ reports
(Reuters) -U.S. prosecutors in Virginia are probing whether Facebook-parent Meta’s social media platforms facilitated and profited from the illegal sale…
Tesla settles race bias claims by Black former worker after $3 million verdict
By Daniel Wiessner (Reuters) -Tesla has settled a long running lawsuit by a Black former factory worker who claimed he…
Telecom Italia flags cash call risk to investors if KKR deal collapses, sources say
MILAN (Reuters) – Telecom Italia’s (TIM) Chief Executive Pietro Labriola has warned investors the company could need to raise billions…
Goldman bumps up 2023 pay for top three executives
NEW YORK (Reuters) -The pay of Goldman Sachs’ top three executives jumped by an average of nearly 24% in 2023,…