Category: Finance

These are the stocks posting the largest moves in early trading.

JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David Faber has learned.

Reuters was first to report that pipeline operator TC Energy’s Keystone oil pipeline suffered an outage which temporarily restricted the flow of crude through a major conduit of Canadian oil to the United States. Citing sources familiar with the matter, Reuters reported that TC had notified shippers of the outage but did not specify the...

Reuters exclusively reported that Mexican state energy company Pemex and billionaire investor Carlos Slim’s team are discussing ways to revive development of the country’s first deepwater natural gas field that was shelved twice before.  The post Mexico’s Pemex, Carlos Slim team met to discuss deepwater gas project  appeared first on Reuters News Agency.

Reuters exclusively reported that Singapore’s Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy.  The post Singapore’s Temasek shortlists Saudi Aramco, Shell in sale of Pavilion Energy assets appeared first on Reuters News Agency.

Reuters exclusively reported that private Indian firms have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, ending a six-year drought in significant private involvement in the sector. The post Indian firms look to bet big on coal-fired power after long absence  appeared first on Reuters News Agency.

Reuters exclusively reported that Canada will expedite the approval process for new nuclear projects but will not exclude them from the federal environmental review as requested by the province of Ontario.   The post Canada to expedite approval of new nuclear projects appeared first on Reuters News Agency.

Jefferies’ Brent Thill sees Facebook as vital — despite President Donald Trump calling it an “enemy of the people” on CNBC’s “Squawk Box” on Monday.

China may not have announced bazooka-like stimulus at its annual parliamentary meeting this past week, but it made clear which sectors it will support.

On Friday, the Senate had voted 75 to 22 to approve the package after the House passed it earlier this week.