Bloomberg Chevron Corp posted the highest quarterly earnings in almost a decade as soaring energy demand and Russia’s war on Ukraine strained global supplies, ratcheting up prices for everything from natural gas to diesel. Net income adjusted for one-time items was $6.5 billion, the highest since the second quarter of 2012, while free cash flow touched a level not ...

It’s been more than two years since Apple Inc issued revenue guidance. The iPhone maker initially blamed the Covid-19 pandemic, and later added chip shortages, for its inability to forecast the future. Yet the move is part of a worrying trend toward decreasing transparency at the world’s largest company. On January 28, 2020, just as lockdown measures were shutting parts ...

What was good for Sri Lanka under British colonial rule 75 years ago may be worth a try again. Or at least that’s what Mark Mobius, the former emerging markets guru at Franklin Templeton Investments, seems to be suggesting. To regain the confidence of investors, the bankrupt Indian Ocean island could consider swapping its central bank with a currency board, ...