REFI1

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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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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