(Reuters) – JetBlue Airways said on Wednesday it agreed to procure sustainable aviation fuel (SAF) from a unit of U.S. refiner Valero Energy Corp, which would be distributed by energy firm World[...]
Read more
July 31, 2024
US lawmakers seek to block Chinese firms from solar manufacturing subsidy
(Reuters) – A bipartisan group of U.S. lawmakers on Wednesday introduced a bill that would block Chinese solar panel makers from claiming subsidies for their American factories. WHY IT MATTERS T[...]
Read more
Boeing names Kelly Ortberg CEO to steer turnaround as cash burn rises
By Abhijith Ganapavaram and Allison Lampert (Reuters) – Boeing on Wednesday named aerospace industry veteran Kelly Ortberg as its CEO to turn around the planemaker beset by legal and regulatory[...]
Read more
MetLife posts Q2 profit beat on group benefits unit strength
(Reuters) – MetLife reported a better-than-expected second-quarter profit on Wednesday, driven by strong performance in its group benefits unit. Adjusted earnings in MetLife’s flagship seg[...]
Read more
Insurer Aflac beats quarterly profit estimates on higher U.S. premiums
(Reuters) – Life and health insurer Aflac reported second-quarter profit above analysts’ estimates on Wednesday, helped by higher premiums earned in its U.S. unit. Its U.S. unit earned net[...]
Read more
Morning bid: Extraordinary rally rips through all markets
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. After an unexpectedly bold move from the Bank of Japan, the Federal Reserve indicating that U.S. rates are about to come[...]
Read more
Chevron says Guyana arbitration hearing to begin in May
(Reuters) – U.S. oil major Chevron said on Wednesday that hearing for an arbitration regarding Hess’ Guyana assets have been scheduled for May 2025. Last October, Hess agreed to sell itsel[...]
Read more
Etsy beats quarterly revenue estimates on steady demand for personalized gifts
(Reuters) – Etsy beat Wall Street expectations for second-quarter revenue and gross merchandise sales on Wednesday, helped by steady demand for personalized gifts at its online marketplace. WHY[...]
Read more
Stocks rise; yields, dollar lower as Fed signals rate cut
By Sinéad Carew NEW YORK (Reuters) -MSCI’S global equities index registered its biggest daily gain in over five months on Wednesday and the dollar slightly pared losses after the U.S. Federal Re[...]
Read more