Live Breaking News & Updates on அருணிமா குமார்|Page 16
Stay updated with breaking news from அருணிமா குமார். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
By Reuters Staff 1 Min Read May 12 (Reuters) - Turquoise Hill Resources Ltd posted a more than five-fold rise in quarterly profit on Wednesday, as the Canadian miner was helped by increased production of copper and gold at its Oyu Tolgoi mine in Mongolia. Rio Tinto-controlled Turquoise Hill said income attributable to owners of the company was $236.7 million, or $1.18 per share, for the three months ended March 31, compared with $45.2 million, or 22 cents per share, a year earlier. (Reporting by Arunima Kumar in Bengaluru; Editing by Shailesh Kuber) ....
By Syndicated Content May 10, 2021 | 7:02 PM (Reuters) â Billionaire Richard Bransonâs Virgin Galactic Holdings Inc said on Monday it was evaluating the timing of its next flight test, sending shares down 9.4% in extended trade. âFollowing Eveâs last post slide inspection, we tagged a potential wear and tear issue as requiring further evaluation and analysis to see if any additional action is necessary,â said Michael Moses, president of the companyâs space missions & safety, on a post earnings conference call. âWe continue to make strides towards our strategic objectives and have solid momentum as we focus on completing our flight test program,â Chief Executive Officer Michael Colglazier said in a statetment. ....
Occidental Petroleum loss narrows as chemicals, oil exports gain reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Syndicated Content May 10, 2021 | 3:39 PM (Reuters) â Occidental Petroleum Corp posted a smaller first-quarter adjusted loss from the previous three months on Monday, boosted by higher crude prices as COVID-19 vaccine rollouts and easing travel restrictions lifted fuel demand. The company, like many of its peers, has benefited from a rebound in oil prices, up about 23% in the first quarter, as global fuel demand recovered after being decimated in 2020 by lockdowns to curb the spread of COVID-19. The average price for Occidentalâs worldwide crude oil rose to $55.65 per barrel in the first three months of the year, from $40.76 per barrel in the prior quarter. ....
U.S. oil and gas producers Marathon Oil Corp and APA Corp beat Wall Street estimates for first-quarter profits on Wednesday, as COVID-19 vaccine rollouts and easing travel restrictions powered a rebound in oil prices. ....