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02.05.2024 10:47
ArcelorMittal Cautious Despite Earnings Beat ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restocking ...

02.05.2024 11:01
02.05.2024 12:10
Shell Launches $3.5 Billion Buyback Shell’s first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals. ...

02.05.2024 12:40
Universal Music, TikTok in New Tie Up Universal Music’s artists and song catalogs will return to TikTok after the world’s largest music company and the social-media platform agreed on a new licensing contract. ...

02.05.2024 12:46
Maersk Sees Overcapacity Issues Persisting Maersk raised the lower end of its full-year guidance despite expecting the overcapacity challenges that have plagued the industry to continue, potentially for the rest of the year. ...

02.05.2024 13:03
Oil Rises on Weaker U.S. Dollar After 3% Drop Oil was close to 1% higher on a likely technical rebound and helped by a weaker dollar, after prices slid in the previous trading session after the Federal Reserve signaled a lack of further progress on i ...

02.05.2024 13:10
BHP Woos South Africa in Pursuit of $39 Billion Anglo Takeover BHP Group Ltd. has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American Plc.

02.05.2024 13:23
Shell Beat Forecasts on Improved Asset Utilization Citi said Shell’s beat to first-quarter net income was for the most part driven by better utilization across key assets—such as the Prelude LNG platform, the Pennsylvania ethylene plant and U.S. refining— ...