Cheniere Reports Record Profit Even as LNG Prices Plummet
Cheniere Energy Inc. announced record profit even as liquified natural gas prices plummeted, boosted by hedging gains.
Bloomberg Business
Nurses Urged to End Strikes After UK Unions Accept Pay Deal
The UK government is pushing ahead with a pay deal for health workers despite nurses threatening another six months of walkouts.
Palestinian Militant’s Death in Israeli Jail Sparks Fighting
The death of a hunger-striking Palestinian militant in an Israeli prison touched off a new eruption of fighting along the volatile border between southern Israel and the Gaza Strip.
Sudan’s Warring Generals Agree to 7-Day Truce, Mediator Says
Two warring generals in Sudan have agreed “in principle” to a seven-day truce pending talks aimed at ending a conflict that’s wracked the North African country for more than two weeks, the government of neighboring South Sudan said.
Credit Suisse Loses Two More Top Executives From Brazilian Unit
Credit Suisse Group AG’s head of Brazil equity research, Maria Carolina Carneiro, and investment banker Joao Roriz are leaving the Swiss lender, according to people familiar with the matter.
Pfizer’s Covid Sales Drop Less Than Expected as Demand Holds
Pfizer Inc.’s first-quarter profit and revenue outpaced analysts’ expectations on surprising resilience in pandemic products that the company doesn’t see lasting throughout the year.
AI Threat to Stock Prices Seen Spreading as Chegg, Pearson Sink
Investors are starting to see the downside from the rapid acceptance of artificial intelligence.
Alibaba’s Faded Rally Signals Grim Outlook Ahead
It took only four weeks for optimism around Alibaba Group Holding Ltd.’s breakup plan to fizzle. Restoring it will likely be an uphill battle.
Hollywood Writers Are Going on Strike For First Time in 15 Years
Writers for some of the most popular shows on television are walking off the job, striking for higher pay amid rapid changes in the way people watch their programs and films.
Air France Wants Level Playing Field With Chinese Carriers
Air France wants the French government to limit Chinese airlines’ access to the country, saying they enjoy an unfair advantage because they can fly over Russian airspace closed to many other carriers.
