Government officials exclusively revealed to Reuters that India, backed by China, is trying to build a consensus within the G20 group to let countries choose a roadmap to cut carbon emissions instead of setting a deadline to end the use of fossil fuels. The post India, China propose ‘multiple pathways’ on cutting use of fossil...
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May 26, 2023May 26, 2023Finance
Mexican officials at oil regulator who rejected Pemex plans were pressured to quit
Reuters exclusively revealed that Rogelio Hernandez had been pressured by President Andres Manuel Lopez Obrador’s government and Pemex to approve plans for the Quesqui field in Tabasco or resign as the head of the National Hydrocarbons Commission (CNH). The post Mexican officials at oil regulator who rejected Pemex plans were pressured to quit appeared first...
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May 26, 2023May 26, 2023Finance
Chile to start lithium talks with SQM by mid-year to boost state control
In his first interview with international media since the government announced plans for state control of the metal key for electric vehicle batteries, Economy Minister Nicolas Grau exclusively revealed to Reuters that the country will commence discussions with SQM over its operations in the Atacama. Chile aims to convince the world’s No. 2 lithium mining...
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May 26, 2023May 26, 2023Finance
Stocks making the biggest moves after hours: Gap, Marvell Technology, RH, Ulta and more
These are the stocks posting the largest moves in after-hours trading.
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May 26, 2023May 26, 2023Finance
Nvidia shares explode, powered by a strong sales forecast. Here’s how to play it
Pros on CNBC discussed Nvidia after the company posted a big earnings beat and rosy guidance.
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May 26, 2023May 26, 2023Finance
JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice
Banks including Goldman Sachs and Morgan Stanley are testing A.I. internally, but JPMorgan may be the first to release a GPT-like product directly to customers.
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May 26, 2023May 26, 2023Finance
‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts
Long-time bear David Rosenberg warns the artificial intelligence boom could collapse like late 1990s dot-com stocks.
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May 26, 2023May 26, 2023Finance
Here are ways retirees can protect nest eggs during a stock market rout
The market may contract along with the economy in a possible recession, but there are ways retirees can protect the nest egg they’re living off of, expert says.
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April 21, 2023April 21, 2023Finance
Reuters exclusively reported that India plans to extend fuel export curbs beyond March
Reuters exclusively reported that India intends to extend restrictions on the export of diesel and gasoline at the end of the month to ensure availability of refined fuels for the domestic market. The extension of rules may discourage some Indian refiners from buying Russian fuels for re-exports. The restrictions were introduced after private refiners, including...
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April 21, 2023April 21, 2023Finance
Bank of America or Citi? Analysts say one stock is set to soar 50%
Is there more upside ahead for big bank stocks? CNBC Pro takes a look at what analysts are saying about two banks, which are among the United States’ largest.