BUSINESS

Oil prices extended gains on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Bulgaria and Poland, while hopes of Chinese economic stimulus buoyed the demand outlook.

Oil prices extended gains in early Asian trade on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Poland, while hopes of Chinese economic stimulus buoyed the demand outlook.

Singapore's Sembcorp Marine (Sembmarine) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks amid an industry downturn.

Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn.

Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn.

Mali accuses France of spying after video of mass grave

LG Energy Solution Ltd (LGES) booked a 24% quarterly profit drop on Wednesday, far milder than market estimates, as strong sales of batteries to Tesla Inc offset troubles at automotive clients where chip shortages have hit production.

South Korea's LG Energy Solution Ltd on Wednesday reported a smaller-than-expected 24% drop in quarterly profit as strong sales of its cylindrical batteries to Tesla Inc offset a hit to production due to chip shortages.

Cloud computing helps power strong Microsoft quarter

Toymaker Mattel Inc is exploring a sale and has held talks with buyout firms, including Apollo Global Management Inc and L Catterton, a source familiar with the matter told Reuters on Tuesday.

Netflix on Tuesday announced a multi-film deal with Japan's Studio Colorido, as the streaming giant ramps up its anime offering and looks to Asia for growth.

South Korean chipmaker SK Hynix Inc said it expects solid demand for server chips to offset weaker growth from personal computers and mobile phones, after its first-quarter profit more than doubled from a year ago.

JetBlue Airways shares fell 11% on Tuesday after the carrier said it will trim its summer schedule to address a series of challenges ahead of what could be a record U.S.

Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100% renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change.

Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from.

Buyer "hysteria" for pre-owned business jets during the pandemic that triggered a recent wave of bidding wars is now easing, with more corporate aircraft coming up for sale, brokers say.

Pharmacy chain Walgreens Boots Alliance and other defendants on Tuesday said they were not to blame for the opioid crisis in San Francisco, and that they acted responsibly when providing legal medications to patients in pain.

Elon Musk's rocket company SpaceX was due to launch the next long-duration astronaut crew to the International Space Station (ISS) for NASA early on Wednesday, including a medical doctor turned spacewalker and a geologist specializing in Martian landslides.

A major U.S. government contractor of identity verification technology that is under investigation by Congress has fired 39 employees over the past week for inappropriate communications, the company told Reuters.

Major airlines and the FAA will meet to attempt to find ways to improve air traffic.

Alphabet reported net income of $16.4 billion in the first quarter on revenue that climbed 23 percent to $68 billion when compared to the same period last year. Alphabet profit was $17.9 billion in the first quarter of 2021.

US authorities urge Amazon to improve safety after tornado deaths

JBS SA announced on Tuesday the creation of a business unit for renting electric trucks to distribute refrigerated cargo to retailers, helping the Brazilian meatpacker advance on its carbon emissions reduction plan and reducing logistics costs in the medium- and long-term.

General Motors lifts 2022 profit forecast after mixed Q1

Google-parent Alphabet see quarterly profit slip

General Motors Co's first-quarter profit beat analyst estimates on Tuesday, as the automaker focused on sales of more expensive models with higher margins, even with production still limited by chip shortages and supply chain disruptions.

General Motors Co's first-quarter profit beat analyst estimates on Tuesday, as the automaker focused on sales of more expensive models with higher margins, even with production still limited by chip shortages and supply chain disruptions.

Google parent Alphabet Inc on Tuesday reported first-quarter revenue below expectations as YouTube sharply missed Wall Street targets and ad sales were pressured by supply-chain and inflation concerns and the war in Ukraine.

Google parent Alphabet Inc on Tuesday reported first-quarter revenue below expectations as ad sales amid supply-chain and inflation concerns and the war in Ukraine failed to make up for slower-than-anticipated growth in other units.