By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy likely surged back to growth in the first quarter of the year, powered by record-breaking crops and solid crude oil output that m[...]
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May 31, 2023
Renewable fuels to drive Neste’s growth this year – CEO
(This May 17 story has been corrected to say Marathon Petroleum, not Marathon Oil, in paragraph 8) By Trixie Yap and Florence Tan SINGAPORE (Reuters) – Finnish refiner Neste expects renewable fu[...]
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Fed’s Bowman says housing market rebound could impact inflation fight
WASHINGTON (Reuters) – An apparent rebound in the residential housing market could impact the Federal Reserve’s inflation fight, with home prices “leveling out” even as the U.S[...]
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United Airlines CFO Laderman to retire in 2024
(Reuters) -United Airlines Holdings Inc said on Wednesday its Chief Financial Officer Gerry Laderman had announced plans to retire in 2024. The Chicago-based carrier plans to appoint a new CFO later t[...]
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Global palladium market to swing to surplus in 2024 – Nornickel
(Reuters) – Russia’s Nornickel expects the global palladium market to swing to a surplus of 300,000 troy ounces in 2024 from a deficit of 200,000 ounces in 2023 due to recycling outpacing[...]
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Carrots and sticks: Venezuela’s new oil chief targets graft, courts workers
By Tibisay Romero, Deisy Buitrago and Marianna Parraga VALENCIA/CARACAS (Reuters) – The new CEO of Venezuelan state-run PDVSA is targeting endemic corruption at the financially troubled oil comp[...]
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JPMorgan’s Dimon says US, China need ‘real engagement’
HONG KONG (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon on Wednesday warned “uncertainty” caused by the Chinese government could hurt investor confidence at home and abroad, an[...]
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Volkswagen launches extra shifts at Wolfsburg plant – brand board member
HAMBURG (Reuters) – Volkswagen has introduced extra shifts at its factory in Wolfsburg, the carmaker’s biggest, after supply chain disruptions in the wake of the Ukraine war and global chi[...]
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American Airlines raises second-quarter profit outlook on lower fuel costs
(Reuters) – American Airlines Group Inc on Wednesday raised its forecast for second-quarter profit on lower jet fuel costs and high travel demand. The company’s shares were up 2% at $14.91[...]
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