BERLIN, Aug 5 Reuters German chipmaker Infineon narrowed the range for its fullyear revenue outlook on Monday after it missed expectations for thirdquarter revenue amid halting recovery in its target markets. The company reported thirdquarter revenue of 3.702 billion euros 4.04 billion, falling short of the 3.8 billion euros forecast in a companyprovided consensus but […]

Aug 5 Reuters British aerospace engineer Senior Plc posted a 10 rise in its firsthalf profit on Monday, buoyed by demand for commercial aircraft and higher defence spending. Senior, an aero parts supplier to Boeing and Airbus, reported adjusted operating profit of 25.1 million pounds 31.9 million, up from 22.9 million pounds last year. Aerospace and defence […]

Exxon raises 2024 oil and gas output goal to 4.3 million bpd Raises capital spending guidance to 28 billion for 2024 Aims to cut cumulative 5 billion in costs through 2027 Aug 2 Reuters Exxon Mobil on Friday posted a betterthanexpected 9.2 billion secondquarter profit based on rising output from its purchase this year of shale […]

Debate raging in India over hybrids vs EV incentives Indian state39;s tax waiver for hybrids spooks EV makers State says reviewing objections, no decision on rollback NEW DELHI, Aug 2 Reuters Hyundai, Kia Motors, Tata and Mahindra are lobbying India39;s most populous state not to offer incentives for hybrid cars, saying the move set to […]

Aug 2 Reuters British Airways owner IAG39;s shares rose more than 7 on Friday, after the company39;s strong secondquarter performance and its move to scrap a proposed takeover of Spanish airline Air Europa. IAG39;s results outshone rivals which have had a more challenging second quarter marred by rising costs and a slow down in socalled revenge travel […]

Aug 2 Reuters U.S. oil company Chevron Corp said on Friday it was replacing several longstanding managers in a reshuffle of senior jobs and that it was moving its headquarters to Houston from San Ramon, California. The changes come as the company works to cut costs and renew leadership after a series of setbacks, including operational […]