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 »
Brent crude and US crude hit their highest levels since early December The Group of Seven industrialized nations (G7) is seeking to set a price cap for Russian oil products India’s crude imports hit a five-month high in December NEW YORK (Reuters) – Oil prices were mixed on Monday, falling as investors reaped, jumping to …
Oil settled mixed after hitting a 7-week high amid strong expectations for China 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 »
