U.S. refinery workers head to Washington to urge biofuels reform
WASHINGTON (Reuters) – A delegation of workers from U.S. oil refining companies that oppose the nation’s biofuels policy will converge on Washington on Wednesday to lobby lawmakers to find a way to lessen the regulation’s costs without hurting corn far…
GE value could slip to lowest among large U.S. industrials
(Reuters) – General Electric Co , which was the most valuable publicly traded U.S. industrial conglomerate at the beginning of the year, could sink to the No. 4 spot after a prolonged selloff that has shaken confidence in the company.
Broadcom to stick with U.S. 5G investment after Qualcomm deal
(Reuters) – Broadcom Ltd sought again to soothe U.S. security concerns around its bid for chipmaker Qualcomm Inc on Wednesday, saying it would stick with investments aimed at maintaining the United States’ leadership in 5G technology.
Exclusive: Goldman puts some London staff on notice for German move by June – sources
LONDON/FRANKFURT (Reuters) – Goldman Sachs has put more than a dozen UK-based banking, sales and trading staff on notice to move to Frankfurt within weeks, two sources with knowledge of the matter said, as it braces for divorce between Britain and the…
Europeans, IMF tell Trump to step back from trade war
LONDON (Reuters) – Europe and the IMF urged Donald Trump on Wednesday to step back from the brink of a trade war, after the resignation of his top economic adviser emboldened those encouraging him to push ahead with tariffs on imported steel and alumin…
India set to cut Monsanto’s GM cotton seed royalties by 20 percent: sources
NEW DELHI (Reuters) – India is likely to cut royalties paid to Monsanto Co by domestic companies for its genetically modified (GM) cotton seeds again, by 20 percent, industry and government sources said.
Exxon sees earnings doubling by 2025 at current oil prices
NEW YORK (Reuters) – Exxon Mobil Corp , the world’s largest publicly traded oil producer, said on Wednesday it expects its earnings to more than double by 2025 to $31 billion with crude prices at or above current levels.
Abercrombie’s namesake brand drives holiday quarter sales beat
(Reuters) – Abercrombie & Fitch Co’s namesake brand posted its first rise in comparable sales in four years, helping the teen fashion retailer beat analysts’ estimates for holiday quarter sales at established stores.
Dollar Tree’s quarterly same-store sales miss estimates, shares fall
(Reuters) – Discount store operator Dollar Tree Inc reported lower-than-expected holiday quarter same-store sales on Wednesday, sending its shares down as much as 13 percent in premarket trade.
Broadcom says to stick with U.S. 5G investment after Qualcomm deal
(Reuters) – Singapore-based Broadcom Ltd pledged on Wednesday to make the United States the global leader in 5G technology and maintain Qualcomm’s investments in the area after any merger between the two companies.
