Gunvor Group Subsidiary fined for Bribing Ecuadorian Officials
Gunvor S.A., a subsidiary of commodities trader Gunvor Group, has agreed to pay $661 million in fines and forfeiture for bribing officials in Ecuador. The company admitted guilt, expressed accountability, and generated profits exceeding $38...
Surging Oil and Product Futures
Crude oil and refined product futures contracts jumped on Friday as market awaits news on OPEC production cuts. Spot markets also impacted by the gains.
Ensign Energy Services 2024 Outlook
Ensign Energy Services foresees positive growth in Canadian operations, challenges in U.S. activities, and steady performance in international markets for 2024.
Fisker Sales Decline & Warning
Fisker's Q4 sales fall short, 'going concern' warning issued, stock plunges, financial outlook uncertain.
Vanguard CEO Tim Buckley Retires
Vanguard CEO Tim Buckley retires after guiding the company through substantial growth, leaving behind a legacy of expansion and success.
Fisker Inc. Uncertainty
Fisker Inc. shares plummet as negotiations with carmaker raise doubts about sustainability, prompting search for financial lifeline to secure future in EV market.
Bath & Body Works Q4 Earnings Report
Bath & Body Works beats Q4 earnings expectations but anticipates lower profits for fiscal year 2024 amidst changing market conditions.
Six Flags Q4 Revenue Boost
Six Flags Entertainment experienced increased revenue in Q4 despite a loss due to merger plans with Cedar Fair. Attendance grew by 6% and in-park spending rose by 2%.
CIBC First-Quarter Earnings Report
CIBC reports significant first-quarter earnings growth, surpassing analyst estimates. Strong performance in Canadian operations contrasted by losses in U.S. sector.
Bank of England Appoints Clare Lombardelli
Clare Lombardelli to become the new deputy governor at the Bank of England, signaling a move towards gender diversity in top financial positions.