General Motors Co expects full year adjusted pre-tax profits will reach about $14 billion, higher than the previous forecast, the automaker's Chief Financial Officer Paul Jacobson said during a presentation.
Copper mining giant Freeport-McMoRan Inc is converting its fleet of diesel trucks and other machinery to electric or hydrogen power, a transition required to fight climate change even though the costs are not yet known, Chief Executive Richard Adkerson said in an interview at the Reuters Next conference.
President Joe Biden promised on Wednesday that rising prices and goods shortages will ease somewhat even as the United States approaches the holiday season facing new threats from the Omicron COVID-19 variant.
Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40 billion merger with a special purpose acquisition company (SPAC), in a listing that will set the tone for other regional offerings.
The Australian competition regulator lambasted U.S. carmaker General Motors' local unit over its abrupt withdrawal from the market last year, but opted to take no formal legal action against it, the regulator said on Friday.