Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a year of volatile energy prices where Russia's invasion of Ukraine reshaped global energy markets and, in some cases, the industry's climate ambitions.
Futures exchange operator CME Group Inc on Wednesday reported a better-than-estimated fourth-quarter profit as recessionary fears pushed investors toward its investment tools to hedge against potential risks in their portfolios.
Brazil's central bank newfound independence that was designed to shield it from politics has turned it into a convenient punching bag for the new government that can use it to fire up its leftist base and blame it for economic woes.
Europe will tighten sanctions against Russia once again near the anniversary of the start of its invasion of Ukraine as a signal to Russian President Vladimir Putin, German Chancellor Olaf Scholz said on Wednesday ahead of a special EU summit.
Central banks added a whopping 1,136 tonnes of gold worth some $70 billion to their stockpiles in 2022, by far the most of any year in records going back to 1950, the World Gold Council (WGC) said on Tuesday.
Britain's antitrust regulator said on Wednesday its in-depth probe had found that Xbox maker Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard raised competition concerns about cloud and console gaming.
Industrial conglomerate Emerson Electric Co slightly raised its full-year net sales growth expectations on Wednesday, betting on strong demand for its automation systems amid a tight labor market.
Yum Brands Inc beat Street estimates for quarterly comparable sales on Wednesday, as more cash-strapped consumers flocked to its Taco Bell restaurant chain for pocket-friendly meals and snacks amid still high inflation.
The New York Times Co said it will buy back shares worth $250 million and reported better-than-expected quarterly revenue as more people subscribed to the newspaper to read about the U.S. midterm elections, offsetting sluggish ad sales.
Ancora Group Holdings, a key shareholder in U.S. auto retailer IAA , has accumulated a 0.5% stake in Canada's Ritchie Bros Auctioneers and is publicly challenging investors who oppose their planned merger, according to documents seen by Reuters.
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