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03 May

Total's German Leuna refinery to continue Russian crude imports in May - sources

TotalEnergies' 240,000 barrels per day Leuna refinery in Germany is set to continue to import Russian crude oil via the Druzhba pipeline at least throughout May, according to two sources with knowledge of the matter.

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03 May

BP expects to pay up to 1 billion pounds in UK taxes in 2022

BP expects to pay up to 1 billion pounds ($1.25 billion)in taxes in Britain on its 2022 profits, it said on Tuesday reporting its highest profit in over a decade.

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03 May

BMW, Mercedes-Benz to sell car-sharing joint venture to Stellantis

BMW and Mercedes-Benz are selling their car-sharing joint venture Share Now to Stellantis for an undisclosed sum, they said on Tuesday, instead focusing on the more promising software leg of their mobility alliance.

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03 May

Portugal's Galp quarterly profit rises six-fold on soaring crude prices

Portuguese oil and gas company Galp Energia on Tuesday reported a six-fold rise in adjusted first-quarter profit, boosted by soaring global crude prices and higher production.

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03 May

Musk says he wants to boost Twitter use from 'niche' to most Americans

Tesla Inc Chief Executive Elon Musk said on Monday he wants to expand the reach of Twitter beyond the current "niche" until most Americans use the social media platform.

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03 May

Startups apply artificial intelligence to supply chain disruptions

Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food.

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03 May

Alibaba stock falls, then recovers, after state media report

Alibaba shares fell as much as 9% on Tuesday after a state media report that Chinese authorities had taken action against an individual surnamed Ma, but recouped losses after those reports were revised to make clear it was not the company's founder.

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Latest Articles

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  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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