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Shell smashes forecasts with $7.7 billion quarterly profit

Shell smashes forecasts with $7.7 billion quarterly profit

By Ron Bousso LONDON (Reuters) -Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and...
Maersk raises profit guidance on strong demand and Red Sea disruption

Maersk raises profit guidance on strong demand and...

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Shipping group Maersk raised its full-year profit guidance after reporting first-quarter earnings on Thursday, citing strong demand and...
Exxon-Pioneer deal gets green light from US FTC, Pioneer exec barred from board

Exxon-Pioneer deal gets green light from US FTC,...

By Sabrina Valle WASHINGTON/HOUSTON (Reuters) – The Federal Trade Commission on Thursday said Exxon Mobil’s $60 billion purchase of Pioneer Natural Resources could...
Wall Street rises as Fed rate-hike concerns alleviate

Wall Street rises as Fed rate-hike concerns alleviate

By Shristi Achar A and Shashwat Chauhan (Reuters) – Wall Street’s main indexes advanced on Thursday, a day after the Federal Reserve left...
US labor market still tight; productivity falters in first quarter

US labor market still tight; productivity falters in...

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits held steady at a low level last week,...
US trade deficit narrows slightly in March

US trade deficit narrows slightly in March

WASHINGTON (Reuters) – The U.S. trade deficit narrowed slightly in March as a decline in imports was tempered somewhat by a plunge in...

Marijuana

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7 Cannabis Stocks That Can Make You A Millionaire As...

With the potential for further legalization, here are seven leading stocks to consider ETFMG Alternative Harvest (MJ): Diversification among top cannabis stocks, low cost. The Cannabis ETF (WEED): Even more d...

3 Cannabis Stocks To Buy For The Future Of Legalization

If legalization materializes, these pot stocks could heat up These top cannabis stocks carry respectable dividend yields and excellent growth prospects. AFC Gamma (AFCG): Carries a dividend yield of just under...
MJ

7 Marijuana Penny Stocks To Take Seriously In 2023

These marijuana penny stocks have strong underlying businesses while trading at highly attractive valuations These marijuana penny stocks have been making impressive strides and trade at highly attractive valua...

The 3 Biggest Marijuana Stocks Ranked From Best To Worst

Not all cannabis companies are created equal The current bear market is a great opportunity to assess the biggest marijuana stocks. Here are three of them, ranked from best to worst. Innovative Industrial Prope...
marijuana stocks

3 Cannabis Stock Predictions For 2023

Just how “high” can these cannabis stocks fly? I have three cannabis stock predictions for investors looking to put some capital to work in the space. Aurora Cannabis (ACB): Its strong brands will ...

Cannabis Stocks Pop, But We’re Still Bearish

Cannabis stocks can’t turn huge revenue growth into huge profits U.S. President Joe Biden announced sweeping measures that many believe clears the path toward national marijuana legalization, and the ETFM...

Commodities

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Oil prices up 3% to 4-month high on US crude...

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 3% to a four-month high on Wednesday on a surprise withdrawal in U.S. crude inventories, a bigger-than-expected drop in U.S. gasoline stocks and poten...

Pakistan to ask for new, longer-term bailout during IMF review

By Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -The International Monetary Fund (IMF) will hold a second and last review of Pakistan’s $3 billion stand-by arrangement (SBA) this week, the finance mi...

Ukrainian drones damage Russian oil refineries in second day of...

By Guy Faulconbridge and Lidia Kelly MOSCOW (Reuters) – Ukraine struck Russian oil refineries in a second day of heavy drone attacks on Wednesday, causing a fire at Rosneft’s biggest refinery in one...

Room for Hungary rate policy moves is narrowing, central bank...

By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank on Wednesday repeated a warning that government moves to curb its independence could limit the room for monetary policy manoeuvring as ...

US lawmakers to propose legislation seeking more scrutiny of Chinese...

By David Shepardson WASHINGTON (Reuters) – Two U.S. lawmakers are set to introduce legislation on Thursday to significantly expand government foreign investment reviews of real estate purchases by buyers ...

China gives details of equipment and consumer goods trade-in plan

BEIJING (Reuters) – China’s cabinet on Wednesday issued details of its plan to promote large-scale equipment upgrades and sales of consumer goods, one of a series of steps China is taking to boost t...