Canada’s Imperial Oil posts rise in quarterly profit on stronger refining margins
Canadian oil producer Imperial Oil posted a rise in first-quarter profit on Friday, driven primarily by stronger margins in its refining and fuel sales business,…
Shell profit beats expectations, buybacks kept steady
Shell exceeded analyst expectations on Friday, reporting a 28% drop in first-quarter net profit to $5.58 billion, while holding steady the pace of its share…
Nvidia is working on China-tailored chips again after US export ban, The Information reports
Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its AI chips so they can be sold to…
Amazon sellers are stocking up in the face of tariffs, but it’s a short-term fix
Amazon on Thursday tried to temper investor concerns about the impact of the Trump administration's tariffs on its e-commerce business, but the company may have…
Activist aid ship hit by drones on way to Gaza, NGO says
A ship carrying humanitarian aid and activists for Gaza was bombed by drones in international waters off Malta early on Friday, its organisers said, alleging…
Union Pacific: Working with customers to reduce our collective carbon footprint
When Union Pacific Railroad opened an intermodal terminal in Phoenix last year, thousands of trucks that once traveled between ocean ports in Southern California and…
Kalmar completes STS crane repair project for JNPA in Mumbai
Kalmar has concluded a project with Jawaharlal Nehru Port Authority (JNPA) for repairs to the leg of a ship-to-shore (STS) crane at Nhava Sheva Freeport…
Shell CEO prefers share buybacks over a bid for BP, FT reports
Shell CEO said on Friday he would rather buy back more of his company's own shares than launch a takeover bid for rival oil major…
GM to reduce shifts at Canadian truck assembly plant amid demand, trade pressures
General Motors' Oshawa Assembly plant in Canada, which builds pickup trucks, will cut back to a two-shift schedule from three due to softening demand and
Oil falls as traders weigh potential US-China trade talks
Oil prices fell on Friday as traders squared positions ahead of an OPEC+ meeting and amid some caution about a potential de-escalation of the trade…
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