Category Archives:
Shell says oil output halted at three Gulf of Mexico platforms on pipeline outage
By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell said it had halted production at three of its U.S. Gulf of Mexico deep-water platforms after pipelines connecting the three were shut. Shell, th...
Aug 11, 2022
Nine companies to get oil from U.S. strategic reserve in latest sale
(Reuters) - The United States on Thursday said nine companies will buy 20 million barrels of oil in the latest sale from the Strategic Petroleum Reserve as part of the Biden administration's efforts t...
Aug 11, 2022
Mexico’s TV Azteca to appeal second ruling on tax dispute bill
MEXICO CITY (Reuters) - Mexico's TV Azteca plans to appeal a court ruling ordering it to pay a further 2.62 billion Mexican pesos ($131 million) to the country's tax office after a dispute linked to o...
Aug 11, 2022
Bank of Mexico hikes rate to record high 8.5% as inflation bites
MEXICO CITY (Reuters) -The Bank of Mexico hiked its benchmark interest rate by three-quarters of a percentage point to a record rate of 8.5% on Thursday, mirroring the U.S. Federal Reserve's most rece...
Aug 11, 2022
Brazil’s BRF shares tumble after weak quarter
By Ana Mano SAO PAULO (Reuters) - Investors dumped shares in Brazilian food processor BRF SA on Thursday after a wider-than-expected quarterly loss partly attributed by management to nonrecurring even...
Aug 11, 2022
State’s Rainy Day Fund hits $1 billion for first time
SPRINGFIELD, Ill. – The State of Illinois’ Rainy Day Fund has hit an important milestone. After a recent transfer, Illinois Comptroller Susana Mendoza says the fund now has $1 billion. ...
Aug 11, 2022
Manulife agent numbers in China, Vietnam slide on pandemic challenges, regulation
By Nichola Saminather TORONTO (Reuters) - Manulife Financial Corp saw the number of agents in its China and Vietnam businesses drop in the second quarter to the lowest since the fourth quarter of 2019...
Aug 11, 2022
Senate Finance Committee looks at Amgen taxes, widening drugmaker probe
By Michael Erman NEW YORK (Reuters) - The U.S. Senate Finance Committee is widening its investigation into the tax practices of U.S. drugmakers to include Amgen Inc, according to a letter sent on Thur...
Aug 11, 2022
U.S. Attorney General Garland to make statement on Thursday
(Refiling to correct GMT time) (Reuters) - U.S. Attorney General Merrick Garland will make a statement to the media on Thursday at 2:30 p.m. ET (1830 GMT), the Justice Department said in a statement, ...
Aug 11, 2022
Robinhood must face U.S. market manipulation claims over ‘meme stock’ rally, judge rules
(Reuters) - Stock trading platform Robinhood Markets Inc must face market manipulation claims over restrictions it placed on trading during last year's "meme stock" rally, a U.S. judge has ruled. (Rep...
Aug 11, 2022
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