Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and oil-rich Guyana.
Tesla said on Monday its capital expenditure for 2023 would exceed the $7 billion to $9 billion target it had laid out earlier this year, as the electric-vehicle maker ramps up output at its factories and gears up to roll out new models.
Goldman Sachs Asset Management has raised $4 billion for a new fund to invest in infrastructure assets globally, including energy transition, transport and logistics, the company said on Monday.
Asset manager P10 on Monday named Goldman Sachs veteran Luke Sarsfield as its chief executive officer(CEO), with the appointment effective immediately.
Swedish metal-cutting tools and mining equipment maker Sandvik on Monday posted a smaller than expected rise in third-quarter core profit and a decline in order intake.
Companies including Nestle , Unilever , Mahindra Group and Volvo Cars are urging political leaders to agree a timeline at the upcoming U.N. climate summit to phase out fossil fuels.
Sam Bankman-Fried’s lawyers have complained that prosecutors at his fraud trial are portraying the FTX cryptocurrency exchange founder as a “cartoon of a villain,” but have done little to counter unflattering depictions of him offered to the jury by his former colleagues.
