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Bart Cahir, Senior Vice President of ExxonMobil attends the 2019 OTC Brasil Conference in Rio de Janeiro, Brazil October 29, 2019.

Exxon to take 18-24 months to hit full stride with Pioneer purchase

Sabrina Valle |Updated 8 hours ago |2 min read

By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company's top shale executive said on Friday. ...

Panama's Trade Minister Jorge Rivera Staff speaks during an interview with Reuters at his office, in Panama City, Panama May 2, 2024.

Exclusive-Panama to bar First Quantum from mining copper during closure process

Elida Moreno, Valentine Hilaire |Updated 12 hours ago |3 min read

By Valentine Hilaire and Elida Moreno PANAMA CITY (Reuters) - Panama will bar First Quantum from extracting copper during the closure of the mine it lost the rights to run last year, the country's trade minister Jorge Rivera Staff told Reuters, ...

CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips

Reuters |Updated 12 hours ago |1 min read

The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt slipped.  The loonie was trading 0.1% lower at C$1.368 to the greenback, or 73.1 U.S. cents, after trading in a range of 1.3611 to 1.3691.

Signage is seen at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022.

US small caps struggle as elevated interest rates take a toll

David Randall |Updated 12 hours ago |3 min read

By David Randall NEW YORK (Reuters) - The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies, which have lagged broader markets this year.

A logo of Aetna is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., December 5, 2017.

Aetna will cover fertility treatments for LGBTQ people under court settlement

Daniel Wiessner |Updated 13 hours ago |2 min read

By Daniel Wiessner (Reuters) - Aetna will pay $2 million and update its coverage policies to settle a lawsuit claiming the health insurer required LGBTQ beneficiaries to pay more out of pocket for fertility treatments than heterosexual people, ...

U.S. President Joe Biden speaks during the Teachers of the Year state dinner at the White House in Washington, U.S., May 2, 2024.

Biden vetoes bid to repeal US labor board rule on contract, franchise workers

Daniel Wiessner |Updated 13 hours ago |2 min read

By Daniel Wiessner (Reuters) - President Joe Biden followed through on Friday on his vow to veto a Republican-backed measure that would have repealed a U.S. labor board rule treating companies as the employers of many of their contract and ...

Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023.

Exclusive-Stanford AI leader Fei-Fei Li building 'spatial intelligence' startup

Katie Paul, Anna Tong and Krystal Hu |Updated 14 hours ago |3 min read

By Katie Paul, Anna Tong and Krystal Hu NEW YORK/SAN FRANCISCO (Reuters) - Prominent computer scientist Fei-Fei Li is building a startup that uses human-like processing of visual data to make artificial intelligence (AI) capable of advanced ...

The logo of Houston-based liquefied natural gas company Cheniere seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023.

LNG producer Cheniere's export volumes fuel core profit beat

Reuters |Updated 14 hours ago |3 min read

(Reuters) -Top U.S. liquefied natural gas producer Cheniere Energy beat adjusted core profit estimates on Friday, as higher-than-expected export volumes countered lower natural gas prices. The U.S. emerged as the top LNG exporter in 2023 as buyers ...

A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020.

Tech platforms make pitch for ad deals as TikTok is roiled by politics

Sheila Dang |Updated 14 hours ago |3 min read

By Sheila Dang (Reuters) - Short-form video took center stage at tech and social media companies' annual presentations to advertisers, as platforms like Snap and Meta look to capitalize on TikTok's political uncertainty in the U.S. to take ad ...

An aerial view shows the headquarters of the Central Bank of Brazil (C) in Brasilia January 20, 2014.

Brazil economists split over size of likely rate cut on May 8: Reuters poll

Gabriel Burin, Luana Maria Benedito |Updated 15 hours ago |2 min read

By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) - Economists are unusually split over the size of a likely Brazil interest rate reduction on May 8, a Reuters poll found, amid changing views about the future path of U.S.

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