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02 May

Mitsui posts record profit on strong metals, offsetting Russia loss

TOKYO (Reuters) -Japanese trading house Mitsui & Co Ltd reported a record full-year profit on Monday as soaring metals and energy prices offset a loss from its liquefied natural gas (LNG) business in Russia amid the deepening Ukraine crisis.

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02 May

Oil falls on China growth worries, EU weighs Russian crude ban

LONDON (Reuters) -Oil prices fell on Monday as concerns over weak economic growth in China, the world's top oil importer, overshadowed fears supply might be crimped by a potential European Union ban on Russian crude.

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02 May

Google urges court to scrap $1.6 billion EU antitrust fine

Alphabet unit Google on Monday urged Europe's second-highest court to dismiss a 1.49-billion-euro ($1.6 billion) fine imposed by EU antitrust regulators three years ago for hindering rivals in online search advertising.

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02 May

Dollar rises towards 20-year high, euro dips after weak data

The dollar rose back towards a 20-year high on Monday as the euro struggled around the $1.05 mark, with investors preparing for a busy week of central bank meetings including a likely Federal Reserve interest rate hike.

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02 May

Brief crash hits European stocks in holiday-thinned trading

European stocks suddenly fell on Monday before partly recovering in what brokers described as a "flash crash" or an erroneous trade on a day where a holiday thinned trading activity.

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02 May

The New Jet Set: How the COVID-driven boom in private jets is still flying high

Guy Stockbridge runs multiple businesses from his headquarters in central California, including landscape companies that ripple across his home state and a utility solar business with operations in 17 states.

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02 May

Climate activist gains 11% of Australia's AGL Energy, to vote against company split

MELBOURNE (Reuters) -Mike Cannon-Brookes, a tech billionaire and climate activist, said he has gained an 11.28% interest in Australia's AGL Energy, a move that follows the company's rejection of a $3.8 billion takeover offer he made with Brookfield Asset Management.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • 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
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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