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Power demand breaks record in Texas again during heat wave By Reuters
Finances

Power demand breaks record in Texas again during heat wave By Reuters

© Reuters. The skyline of downtown Houston is seen during excessive heat warnings for Southeast Texas, in Houston, Texas, U.S. July 16, 2023. REUTERS/Go Nakamura

Oil retreats on US demand worries despite China stimulus, supply By Reuters
Finances

Oil retreats on US demand worries despite China stimulus, supply By Reuters

© Reuters. FILE PHOTO: An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January

Chinese Oil Demand Doesn't Make Sense
Finances

Chinese Oil Demand Doesn't Make Sense

China’s economy is having a rough summer, but the country is churning out record amounts of diesel and importing vast amounts of crude oil. Source

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

Cathay Pacific expects up to $576 million first-half profit as demand rebounds By Reuters

© Reuters. FILE PHOTO: Cathay Pacific employees work at Hong Kong International Airport, in Hong Kong, China March 8, 2023. REUTERS/Lam Yik (Reuters) -Hong Kong’s

U.S. Supreme Court turns away challenge to Trump's tariffs on steel imports By Reuters
Stock Market

Strong U.S. demand eases pressure on Novo to show weight-loss drug’s health benefits By Reuters

© Reuters. FILE PHOTO: A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S.,

Chinese property developer Guangzhou R&F faces bankruptcy restructure demand
Stock Market

Chinese property developer Guangzhou R&F faces bankruptcy restructure demand By Reuters

© Reuters. HONG KONG/BEIJING (Reuters) -Two creditors of China’s Guangzhou R&F Properties have sued the property developer to seek a bankruptcy restructuring, notices in an

Exclusive: ThinkMarkets IPO hits snag after SPAC shareholders demand cash back
Finances

Exclusive: ThinkMarkets IPO hits snag after SPAC shareholders demand cash back

FNG Exclusive… FNG has learned that virtually all of the public class A shareholders of special purpose acquisition company (SPAC) FG Acquisition Corp (TSE:FGAA.U) have

Asia wary, US stock futures up on SVB reports By Reuters
Stock Market

Conagra forecasts dour profit as higher prices curb demand By Reuters

© Reuters. FILE PHOTO: The company logo for Conagra Brands Inc. is displayed on a screen on the floor of the New York Stock Exchange

PepsiCo lifts annual forecasts again on price hikes, steady demand By Reuters
Stock Market

PepsiCo lifts annual forecasts again on price hikes, steady demand By Reuters

© Reuters. FILE PHOTO: Pepsi soda is shown on display in Compton, California, U.S., January 10, 2017. REUTERS/Mike Blake/File Photo (Reuters) -PepsiCo Inc on Thursday

Challenger wins United Auto Workers presidency vowing reforms By Reuters
Stock Market

Chocolate maker Barry Callebaut’s sales fall on low demand By Reuters

© Reuters. FILE PHOTO: Empoyees of chocolate and cocoa product maker Barry Callebaut prepare chocolates after the company’s annual news conference in Zurich, Switzerland November