Thursday, 10 December 2020

Pemex says refinery operating normally after explosion report

Pemex says refinery operating normally after explosion report

MEXICO CITY (Reuters) -Mexican state-owned oil company Pemex on Thursday said that one of its refineries in the northern state of Nuevo Leon is operating normally after the state governor said the facility suffered two gas explosions.

U.S. consumer watchdog finalizes new mortgage rules

The U.S. consumer watchdog on Thursday finalized two rules relaxing mortgage-lending requirements regarding a borrower's ability to repay, in a bid to boost the range of products available to lower-income, riskier customers.

New U.S. clean energy trade group taps former Obama adviser as CEO

A new U.S. clean energy trade group on Thursday named Heather Zichal, who coordinated climate change policies for the Obama White House, as its chief executive.

Broadcom names Kirsten Spears as CFO

(Reuters) -Broadcom Inc on Thursday appointed its principal accounting officer, Kirsten Spears, as chief financial officer, effective immediately.

NBCUniversal adds more digital, streaming ad options for local businesses

(Reuters) -Comcast Corp's NBCUniversal on Thursday said it will give local U.S. advertisers access to buy more digital and streaming TV advertising inventory and introduce the ability to target those ads to consumers by their region, as the media company looks to gain more revenue from small to mid-sized businesses.

Louis Camilleri, Ferrari CEO and Philip Morris chairman, retires from both roles

Louis Camilleri, chief executive officer or Ferrari N.V. and executive chairman of tobacco giant Philip Morris International Inc is retiring from his roles at both companies effective immediately, the companies said on Thursday.

Costco's revenue beats on strong food demand during pandemic

(Reuters) -Membership-only retail chain Costco Wholesale Corp beat market estimates for first-quarter revenue on Thursday as pandemic-wary consumers staying at home bought more frozen foods, liquor and home-furnishing products.

Mexico same-store retail sales rise 2.6% y/y in November

The members of Mexican retailers' association ANTAD said on Thursday that same-store sales rose by 2.6% in November versus the same month a year earlier.

U.S. stock funds shed $7.7 billion, ending four-week inflow streak -Lipper

U.S.-based equity funds posted a $7.7 billion net outflow in the latest week, ending a four-week streak of inflows, according to Lipper.

Lululemon beats revenue estimates on home workout wear demand

(Reuters) -Lululemon Athletica Inc beat quarterly revenue estimates on Thursday, as customers spent more on yoga pants and athleisure apparel for home workouts during the COVID-19 pandemic.

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