Marathon Petroleum posts bumper profit on high demand, tight supply

(Reuters) – Marathon Petroleum Corp (NYSE:MPC) posted a bumper profit on Tuesday, benefiting from higher margins on sustained fuel demand…

Tesla raises prices in US, China, Japan and Canada

(Reuters) -Tesla Inc has raised prices in a range of up to $290 in Canada, China, Japan and the United…

HSBC soothes shareholders with restored dividend as profit triples

(Reuters) – HSBC Holdings’ profit tripled in the first quarter, beating expectations, as rising interest rates boosted its income and…

Eurozone Inflation Rebounded in April Ahead of ECB Meeting

Eurozone inflation rebounded slightly in April, after five consecutive months of falls, as food prices stayed high, complicating the European…

Lithium prices bounce after big plunge, but surpluses loom

(Reuters) – Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but…

Japan stocks higher at close of trade; Nikkei 225 up 0.12%

Japan stocks were higher after the close on Tuesday, as gains in the Steel, Chemical and Marine Transport sectors led shares higher. At the close…

European stocks edge higher; strong HSBC results boost tone

European stock markets largely edged higher Tuesday, helped by positive earnings from banking giant HSBC ahead of the start of…

Australia stocks lower at close of trade; S&P/ASX 200 down 0.92%

Australia stocks were lower after the close on Tuesday, as losses in the A-REITs, Telecoms Services and Energy sectors led shares lower. At the close…

Alan Joyce to step aside after 15 years as Qantas CEO

(Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, said on Tuesday that long-serving CEO Alan Joyce would step aside in…

BP profit rises to $5 billion as share buyback slows

(Reuters) – BP made a $5 billion profit in the first quarter of 2023, up from the previous three months…