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America Movil posts Q1 profit up 25%

MEXICO CITY, April 21 (Reuters) - Mexican telecoms giant America Movil on Tuesday posted a 25.1% rise in profit for the first quarter, driven by stronger operating earnings and lower financing costs. America Movil, controlled by the family of Mexican billionaire Carlos Slim, reported a... Read More.

GM delays next-gen EV truck program, Crain’s Detroit reports

DETROIT, April 21 (Reuters) - General Motors is indefinitely delaying its next-generation full-size electric truck program, including the GMC Sierra and Chevrolet Silverado, which was set to start in 2028, Crain's Detroit Business reported on Tuesday, citing sources. GM was planning for lower-cost new electric... Read More.

US oil prices rise as US-Iran peace talks remain uncertain

By Yuka Obayashi TOKYO, April 22 (Reuters) - U.S. crude futures rose in early trade on Wednesday, despite Washington's announcement that it would indefinitely extend a ceasefire with Iran, as uncertainty over peace talks persisted and the Strait of Hormuz remained effectively closed. U.S. West Texas... Read More.

BHP’s third-quarter iron ore output rises 3%

April 22 (Reuters) - BHP Group on Wednesday said its third-quarter iron ore production rose 3%, as strong performance at its Western Australia operations outweighed disruptions due to two tropical cyclones during the period. The world's largest listed miner said iron ore output from its... Read More.