Featured Reuters
Exxon to take 18-24 months to hit full stride with Pioneer purchase
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. ...
Exclusive-Panama to bar First Quantum from mining copper during closure process
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
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.
US small caps struggle as elevated interest rates take a toll
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.
Aetna will cover fertility treatments for LGBTQ people under court settlement
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, ...
Biden vetoes bid to repeal US labor board rule on contract, franchise workers
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- President Joe Biden followed through on Friday on his vow to veto a Republican-backed measure that would have repealed a U.S. labor board rule treating companies as the employers of many of their contract and ...
Exclusive-Stanford AI leader Fei-Fei Li building 'spatial intelligence' startup
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 ...
LNG producer Cheniere's export volumes fuel core profit beat
(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 ...
Tech platforms make pitch for ad deals as TikTok is roiled by politics
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 ...
Brazil economists split over size of likely rate cut on May 8: Reuters poll
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.