Tag: chevrons
Hope for strong tech balance sheets: Wall Street closes tighter
new York Hopes for strong balance sheets from big tech companies brightened sentiment on Wall Street at the start of the week. The leading US index, the Dow Jones, closed…
What star investors like Warren Buffett are now banking on
The depots of the star investors in focus David Tepper (top left), Warren Buffett (top right), George Soros (bottom left) and Greg Jensen have very different strategies. (Photo: Reuters (2),…
What star investors like Warren Buffett are now banking on
The depots of the star investors in focus David Tepper (top left), Warren Buffett (top right), George Soros (bottom left) and Greg Jensen have very different strategies. (Photo: Reuters (2),…
“I’ll never meet someone like him again”
Warren Buffett and Charlie Munger new York It was a kind of blind date: In 1959, a couple from Omaha, Nebraska, invited Warren Buffett and Charlie Munger to have lunch…
US oil giant Exxon increases quarterly profit sharply
Exxon gas station in Brooklyn, New York City Exxon’s sales shrank by around four percent to $86.6 billion. (Photo: Reuters) new York The big US oil companies Exxon Mobil and…
Venezuela’s oil industry is on the brink of collapse – but there is hope
Oil production in Venezuela The government of the dictator Nicolás Maduro enriches itself from the country’s oil industry. (Photo: dpa) Paraguana Glenda Galvis Colmenares is always amazed when she looks…
How to diversify your portfolio with commodity ETFs
oil pump Commodities are considered a volatile financial and investment product by investment analysts. (Photo: AP) Dusseldorf The price of oil is currently making a comeback. After trending down for…
Opec aftermath pushes Wall Street into the red
Frankfurt Rekindled fears of a recession after the latest US economic data pushed Wall Street into the red on Tuesday. The Dow Jones index of standard values fell 0.7 percent…
A culture fighter from Wall Street stirs up the US election campaign
Vivek Ramaswamy “I am in the privileged position of being able to finance my campaign alone and with the help of a grassroots movement.” (Photo: IMAGO/USA TODAY Network) New York,…
161 billion dollars – record profit for the world’s largest oil company Saudi Aramco
Oil field in Saudi Arabia Saudi Aramco wants to become cleaner in the future and invest in green hydrogen. (Photo: Reuters) Berlin Saudi Aramco reported a record profit for the…
US energy industry discusses hydrogen and CO2 storage
DAC facility In Ector County, Texas, Oxy is building the world’s largest DAC plant together with the Canadian start-up Carbon Engineering in the joint venture “1Point Five”. (Photo: Oxy) new…
Key takeaways from Warren Buffett’s annual report
Warren Buffett, chairman of Berkshire Hathaway, and his deputy, Charlie Munger Buffet’s conglomerate generates large amounts of cash. At the end of the fourth quarter, they were at $128.6 billion.…
These are the highlights from Warren Buffett’s letter to shareholders
Warren Buffett, chairman of Berkshire Hathaway, and his deputy, Charlie Munger Buffet’s conglomerate generates large amounts of cash. At the end of the fourth quarter, they were at $128.6 billion.…
Corporations are buying their own stock for a trillion dollars
share buybacks Apple (middle) has bought back the most shares in the past year. Among the Dax companies, Linde (right) was the front runner. Mercedes also recently announced a multi-billion…
Corporations are buying their own stock for a trillion dollars
share buybacks Apple (middle) has bought back the most shares in the past year. Among the Dax companies, Linde (right) was the front runner. Mercedes also recently announced a multi-billion…
The new stock trend: Cheaper is better
bull and bear The so-called bulls rely on rising prices on the stock market (Photo: Getty Images) Frankfurt It’s been a pretty dreary start to the new week for tech…
Warren Buffett is significantly restructuring his stock portfolio
Warren Buffett Investors always follow Buffett’s portfolio changes closely. (Photo: AP) new York Warren Buffett has surprisingly reduced his stake in Taiwanese chipmaker TSMC. This emerges from a mandatory notification…
Wall Street up ahead of price data – Meta up more than 3 percent
new York Wall Street sentiment is improving ahead of much-anticipated inflation data. The Dow Jones index of standard values closed 1.1 percent higher on Monday at 34,245 points. The tech-heavy…
Exxon, Shell & Co. are holding back on green investments
Dusseldorf Never in their history have the big oil companies made as much money as they did last year: Exxon Mobil, Chevron, Shell, BP, Equinor and Total Energies made a…
Ukraine war shortens comeback of fossil fuels
Oil refinery and pipeline Oil companies celebrate record profits. (Photo: E+/Getty Images) Dusseldorf, New York While consumers and businesses suffer from high energy prices, the big oil and gas companies…