by Reuters | Jul 14, 2023 | Business, Economy, Europe, UK, US
(Corrects 2nd paragraph to make it “June 2022” instead of “last month”) By Curtis Williams (Reuters) – Chevron Corp is comfortable with buying U.S. liquefied natural gas (LNG) on long-term contracts rather than constructing its own U.S....
by Reuters | Jul 14, 2023 | Economy, Politics, Top News, US
WASHINGTON (Reuters) -U.S. President Joe Biden’s administration will cancel $39 billion in student debt for more than 804,000 borrowers, the Education Department said on Friday, describing the relief as the result of a “fix” to income-driven...
by Reuters | Jul 14, 2023 | Business, Economy, US
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global hedge funds rushed to unwind bets that U.S.-listed stocks will fall, as a persistent rally threatens their performance, JPMorgan Chase and Goldman Sachs told clients in reports. “For...
by Reuters | Jul 14, 2023 | Business, Economy
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat Wall Street estimates for the second-quarter with record profit even as its chief Jamie Dimon cautioned about unprecedented economic risks. The largest U.S. lender’s profit climbed as it earned more...
by Reuters | Jul 14, 2023 | Business, Canada, Economy
(Reuters) – Pot producer Canopy Growth has signed agreements with lenders to reduce its debt by C$437 million ($333.36 million) over the next six months, weeks after the Canadian firm raised doubts about its ability to continue as a going concern. The agreements...
by Editor, IWD | Jul 13, 2023 | Business, Economy
A significant player with considerable resources has recently taken a bullish position on Shell (NYSE:SHEL), which is crucial information for retail traders. The emergence of this sizable investment in publicly available options history raises intrigue, often...
