Vision Times News
Exxon Mobil Shares Surge to Record Intraday High
HOUSTON (Reuters) — Exxon Mobil Corp shares passed their all-time high on Friday, Oct. 21 as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil producer's cash flow and...
Toyota Expects Full-Year Output Cut Due to Chip Shortage
TOKYO (Reuters) — Toyota Motor Corp said on Friday, Oct. 21 that its annual vehicle production was likely to come in below its initial target, as a persistent global semiconductor shortage hampers efforts by the...
Oil Prices Fluctuate Amid Recession Concerns and Unstable Chinese Demand
NEW YORK (Reuters) — Oil prices toggled between negative and positive territory on Friday, Oct. 21 as hopes of stronger Chinese demand and output cuts by OPEC+ contended with concern about a global economic downturn...
Boris Johnson or Rishi Sunak Touted as UK’s Next Prime Minister
LONDON (Reuters) — Boris Johnson and his former finance minister Rishi Sunak were leading potential contenders to replace British Prime Minister Liz Truss on Friday, Oct. 21 — with candidates canvassing support to become Conservative...
Britons Turn to ‘Warm Banks’ Amid Political Turmoil and Worsening Inflation
LONDON (Reuters) — As winter approaches and temperatures dip, charities and local authorities across the UK are bracing themselves for increased demand for the most basic of essentials — including heat. To meet this need,...
Residents in Kherson Flee City Ahead of Expected Ukrainian Offensive
Russian authorities in the occupied Ukrainian region of Kherson said on Wednesday, Oct. 19 that they plan to evacuate around 50,000-60,000 people over the next six days amid escalating pressure from Ukrainian attempts to liberate...
Union Pacific Cuts Volume Growth Forecast as Worker Shortage Weighs
Union Pacific Corp on Thursday cut its annual volume growth forecast despite a rise in third-quarter shipments, as the U.S. railroad operator struggles with worker shortages. The company also lowered its forecast for 2022 operating...
Ukrainians Face First Nation-wide Electricity Outages After Russian Strikes
Ukrainians prepared for their first large-scale nation-wide disruption to electricity on Oct. 20 as officials sought to restrict supply to allow energy companies to repair power facilities that have been pounded by Russian air strikes....
US Existing Home Sales Slide Again in September
U.S. existing home sales dropped for an eighth straight month in September as surging mortgage rates and still-elevated selling prices push affordability beyond the reach of many prospective buyers. Existing home sales fell 1.5% to...
Tesla Falls After Delivery Warning Sparks Doubts Over Growth Momentum
Shares of Tesla Inc sank 9 percent on Thursday, with Wall Street analysts worrying that the electric vehicle maker's growth momentum may have hit a speed bump due to rapid inflation and logistics challenges. At...
Texas Sues Google for Allegedly Capturing Biometric Data of Millions Without Consent
Texas has filed a lawsuit against Alphabet's Google for allegedly collecting biometric data of millions of Texans without obtaining proper consent, the attorney general's office said in a statement on Thursday. The complaint says that...
UK’s Truss Resigns as Prime Minister
Liz Truss announced on Thursday, Oct. 20 that she would be resigning as England's prime minister — brought down by her economic program initiative that sent shockwaves through the markets and divided her Conservative Party...