PXP

Five Chinese state-owned companies, under scrutiny in U.S., will delist from NYSE

Five Chinese state-owned companies, under scrutiny in U.S., will delist from NYSE

SHANGHAI/HONG KONG/NEW YORK, Aug 12 (Reuters) – Five U.S.-listed Chinese state-owned companies whose audits are under scrutiny by the U.S. securities regulator said on Friday they would voluntarily delist from the New York Stock Exchange. Oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS), Aluminium Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and a separate …

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Fed may slow rate hikes, but policymakers say more is needed

Fed may slow rate hikes, but policymakers say more is needed

The Federal Reserve building is pictured in Washington, D.C., U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo Register now for FREE unlimited access to Reuters.com Register Kashkari sticks to his view of 3.9% fed funds rate at end-2022 Evans sees 3.4% policy rate this year Both push back on market expectation for rate cuts next year …

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Explainer: What to watch out for as talks on U.S.-China audit deal drag on

Explainer: What to watch out for as talks on U.S.-China audit deal drag on

The flags of China and the United States are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/ Register now for FREE unlimited access to Reuters.com Register HONG KONG, Aug 8 (Reuters) – The list of Chinese companies facing delisting risks in New York in a long-running dispute over Chinese audits …

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Three grain ships leave Ukraine; NATO chief says Russia must not win

Three grain ships leave Ukraine; NATO chief says Russia must not win

Three grain ships leave Ukraine ports First ship due to arrive in Ukraine since start of war Eastern fighting “hell”, says Zelenskiy Amnesty says Ukraine troops endangering civilians NATO chief warns Putin not to go further ISTANBUL/KYIV, Aug 5 (Reuters) – Three ships loaded with grain left Ukrainian ports on Friday under a recently concluded …

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Thomson Reuters raises sales outlook, citing strong core in face of slowdown

Thomson Reuters raises sales outlook, citing strong core in face of slowdown

The Thomson Reuters logo is seen on the company building in Times Square, New York, U.S., January 30, 2018. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 4 (Reuters) – Thomson Reuters Corp (TRI.TO) raised its full-year revenue forecast, which it said reflected strength in its legal, tax …

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Ukraine warns of new Russian offensive; Sweden, Finland move closer to joining NATO

Ukraine warns of new Russian offensive; Sweden, Finland move closer to joining NATO

Ukraine warns of new Russian southern offensive Strike force aimed at president’s hometown, says Ukraine U.S., Italy approve Finland, Sweden accession to NATO Ukraine calls on China to help end war, says SCMP KYIV/WASHINGTON, Aug 4 (Reuters) – Ukraine said Russia had started creating a military strike force aimed at President Volodymyr Zelenskiy’s hometown of …

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EXCLUSIVE Russian soft drinks maker targets 50% of market to fill gap left by Coke, Pepsi

EXCLUSIVE Russian soft drinks maker targets 50% of market to fill gap left by Coke, Pepsi

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 3 (Reuters) – As the world’s biggest soft drinks makers cut their Russian ties, local producer Chernogolovka is aiming for a 50% share of the country’s near $9 billion market, its boss told Reuters. A mass …

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U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

High prices, margins lift majors to best quarters in history Exxon earnings surpass previous record set in 2012 July 29 (Reuters) – The two largest U.S. oil companies, Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for …

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