BENGALURU (Reuters) – India’s Gautam Adani lost the title of Asia’s richest man on Wednesday, as his group’s shares plunged to $74 billion after a short-selling report. A report by Hindenburg Research last week alleged improper use of offshore tax havens while raising concerns about the high debt and valuations of seven Adani-listed companies. And …
HOUSTON, Jan. 31 (Reuters) – Exxon Mobil Corporation (XOM.N) The company said on Tuesday that its net profit for 2022 amounted to $56 billion, and it made about $6.3 million per hour last year, setting not only a record for the company, but also a historic high for the western oil industry. Major oil companies …
Exxon will crush the profits of major western oil companies by $ 56 billion in 2022 Read More »
The world’s top five major oil companies are expected to record record profits for 2022 in the coming days, with about $200 billion in combined annual profits thanks to the jump in oil and gas prices last year. This year, earnings at ExxonMobil, Chevron, BP, Shell and TotalEnergies are set to be about a quarter …
Major oil companies are preparing to announce record profits of $200 billion for 2022 Read More »
Baker Hughes falls due to lack of fourth-quarter earnings estimates Activist investor Elliott Management is involved with Salesforce Potato chips on track for biggest daily gain since November Indices rose: Dow 0.98%, Standard & Poor’s 1.41%, Nasdaq 2.09%, NEW YORK (Reuters) – Wall Street jumped on Monday, propelled higher by technology stocks as investors kicked …
Wall Street is rising, supported by the technological recovery Read More »
