finance

Exclusive: Peru mines on power despite protests, though halt risk looms

Peru's biggest copper mines have been able to maintain production despite road blockades, attacks and protests that have roiled the…

3 years ago

Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…

3 years ago

Analysis: From Meta to Microsoft, AI’s big moment is here

This week, chief executives across the sector packed earnings calls with mentions of the heavily hyped technology, which until recently…

3 years ago

Dutch, Japanese curbs on chip equipment to China may not be tough enough -industry group

A chip industry group is warning that if U.S. allies do not adopt curbs on semiconductor manufacturing equipment to China…

3 years ago

U.S. investors have plowed billions into China’s AI sector, report shows

U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial…

3 years ago

Shell makes record $40 bln profit in tumultuous 2022

Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which…

3 years ago

Adani’s market losses top $100 bln as shelved share sale spooks investors

India's Adani group shares sank on Thursday after it abandoned its flagship company's $2.5 billion stock offering, swelling the conglomerate's…

3 years ago

U.S. stops granting export licenses for China’s Huawei – sources

The Biden administration has stopped approving licenses for U.S. companies to export most items to China's Huawei, according to three…

3 years ago

Adani’s crucial share sale 85% subscribed as institutions pump in funds

Indian billionaire Gautam Adani's $2.5 billion share sale inched closer to full subscription on Tuesday as investors pumped in funds…

3 years ago

Exclusive: Dutch officials headed to Washington to talk controls on chipmaking gear – sources

Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls on exporting semiconductor manufacturing gear…

3 years ago