Valero says no injuries in Corpus Christi refinery fire
By Erwin Seba HOUSTON (Reuters) – No injuries were reported after a fire on Thursday morning at Valero Energy Corp (NYSE:VLO)’s Corpus Christi, Texas, refinery, a company spokesperson said. Corpus…
ConocoPhillips joins rivals with bumper profit, boosts investor returns
By Arunima Kumar (Reuters) -ConocoPhillips on Thursday extended a string of bumper earnings from oil producers enjoying higher energy prices by reporting a near two-fold rise in third-quarter profit that…
U.S. holiday sales to slow as inflation tests consumer resilience -report
By Deborah Mary Sophia (Reuters) -U.S. holiday sales are expected to rise at a slower pace this year, a trade group said on Thursday, at a time when decades-high inflation…
Zoom says it has fixed issue preventing access to platform
(Reuters) -Zoom Video Communications said on Thursday it has resolved an issue that was preventing some users from accessing its platform. The company’s status page showed at 1833 GMT that…
Euronext Italian arm to become group-wide clearer from end 2023
By Huw Jones LONDON (Reuters) – Pan-European stock exchange Euronext said on Thursday that customers will be able to clear all share trades at its Italian arm from the end…
Tesla’s California EV market share slips as rivals step up
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla (NASDAQ:TSLA)’s dominant market share of the electric vehicle market in California slipped again this year, according to Reuters’ calculations based on government…
Gucci owner Kering in advanced talks to buy Tom Ford – WSJ
(Reuters) -French luxury group Kering (EPA:PRTP) is in advanced discussions to buy fashion brand Tom Ford, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The…
Pirelli hikes 2022 sales goal, sees uncertainty ahead
By Federico Maccioni MILAN (Reuters) -Italian tyremaker Pirelli on Thursday lifted its 2022 sales guidance while forecasting volatile market conditions next year. The manufacturer of tyres for Formula One and…
Etsy Shares Surge on Better Than Expected Earnings, Revenue
By Sam Boughedda Etsy (NASDAQ:ETSY) stock surged Thursday as investors reacted to the company’s latest earnings release, which saw it top profit and revenue expectations. Etsy shares rose more than…
Brazil’s Petrobras to pay out $8.5 billion dividend amid squabble
SAO PAULO (Reuters) – Brazil’s state-run oil company Petrobras will distribute dividends of around 43.68 billion reais ($8.5 billion), the firm said on Thursday, amid controversy over its massive payouts.…