Business sectors

Exxon declares force majeure on crude liftings in Nigeria

April 18, 2023 12:00 AM AEST | By Reuters

By Sabrina Valle HOUSTON (Reuters) - Exxon Mobil Corp. in Nigeria declared force majeure on oil liftings from different terminals in the country follo...

Big investors amp up California's port truck-charging plan

April 17, 2023 08:21 PM AEST | By Reuters

By Lisa Baertlein LOS ANGELES (Reuters) - California's bustling seaports, dominated by massive container vessels and soaring cranes, may seem an unlik...

Volkswagen to partner on Indonesia EV battery ecosystem -minister

April 17, 2023 01:42 PM AEST | By Reuters

JAKARTA (Reuters) - Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Vale, Ford and China's b...

Volkswagen to partner with Vale, Ford, Huayou on Indonesia EV batter...

April 17, 2023 11:41 AM AEST | By Reuters

JAKARTA (Reuters) - Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Vale, Ford and China's b...

Cuba's fuel shortages due to supplier nations not delivering, says p...

April 15, 2023 08:24 AM AEST | By Reuters

HAVANA (Reuters) - Cuba's President Miguel Diaz-Canel said the island's ongoing gasoline shortages were caused by countries contracted to supply the f...

Finland's UPM says Uruguay pulp mill gets green light

April 15, 2023 08:21 AM AEST | By Reuters

(Reuters) - Finnish forestry group UPM's pulp mill in Uruguay has received authorization for its new Paso de los Toros pulp mill from the environmenta...

Analysis-As ageing trees sap yields, Asian palm oil firms race to re...

April 14, 2023 11:03 AM AEST | By Reuters

By Mei Mei Chu and Bernadette Christina KUALA LUMPUR (Reuters) - When palm oil prices soared to record highs last year, a Malaysian estate manager sur...

Exxon paid CEO Woods $35.9 million in 2022 - SEC filing

April 14, 2023 12:46 AM AEST | By Reuters

By Sabrina Valle HOUSTON (Reuters) - Exxon Mobil Corp paid Chief Executive Darren Woods $35.9 million last year, a 52% increase from a year before, ac...

Airlines, repair shops in N. America eye used, generic parts to keep...

April 13, 2023 08:12 PM AEST | By Reuters

By Allison Lampert and Abhijith Ganapavaram (Reuters) - Airlines and aircraft repair shops in North America are increasingly relying on used and gener...

Lack of electric vans opens door for Chinese, other EV makers

April 13, 2023 04:05 PM AEST | By Reuters

By Nick Carey LONDON (Reuters) - Legacy automakers got off to a late start with their commercial electric vans, opening the door for other electric co...

Kazakhstan takes oil majors to arbitration over costs

April 11, 2023 04:11 PM AEST | By Reuters

ASTANA (Reuters) - Kazakhstan has started arbitration proceedings against companies developing its giant Kashagan and Karachaganak oilfields over $13...

Buffett says he holds 7.4% stake in five Japanese trading houses inc...

April 11, 2023 12:25 PM AEST | By Reuters

TOKYO (Reuters) - Berkshire Hathaway Inc's Warren Buffett is considering additional investment in Japanese stocks and said he holds a 7.4% stake in fi...

J&J talc unit 2nd bankruptcy must be dismissed, cancer victims'...

April 11, 2023 04:17 AM AEST | By Reuters

By Dietrich Knauth and Mike Spector (Reuters) - Johnson & Johnson's renewed effort to resolve talc lawsuits through an $8.9 billion bankruptcy set...

J&J talc unit second bankruptcy must be dismissed, cancer victim...

April 11, 2023 03:39 AM AEST | By Reuters

(Reuters) - Johnson & Johnson's renewed effort to resolve talc lawsuits through an $8.9 billion bankruptcy settlement must be dismissed as a "frau...

J&J talc unit's second bankruptcy must be dismissed, cancer vict...

April 11, 2023 03:10 AM AEST | By Reuters

(Reuters) - Johnson & Johnson's renewed effort to resolve talc lawsuits through an $8.9 billion bankruptcy settlement must be dismissed as a "frau...

In Beijing, French business community welcomes Macron's overtures

April 06, 2023 04:49 PM AEST | By Reuters

BEIJING (Reuters) - Among the French business executives travelling to Beijing with President Emmanuel Macron, the mood was cautiously sanguine on the...

Zurich becomes second major insurer to quit climate alliance

April 06, 2023 01:20 AM AEST | By Reuters

LONDON (Reuters) - Zurich Insurance Group is withdrawing from the Net Zero Insurance Alliance, the insurer said on Wednesday, becoming the second big...

Exxon quits drilling in Brazil after failing to find oil - WSJ

April 05, 2023 07:49 PM AEST | By Reuters

(Reuters) - Exxon Mobil Corp has ended a major campaign to find oil in Brazil, the Wall Street Journal reported on Wednesday, citing people familiar w...

Who is Karen McDougal, the Playboy model in the Trump case?

April 05, 2023 10:09 AM AEST | By Reuters

(This story has been refiled to remove extraneous words in paragraph 9) WASHINGTON (Reuters) - The criminal case against former President Donald Trump...

Explainer-Who is Karen McDougal, the Playboy model in the Trump case...

April 05, 2023 10:05 AM AEST | By Reuters