May 29 (Reuters) - Mexico plans to resume oil shipments to Cuba after a three-month pause, shipping data showed on Wednesday, a move that could help ease power outages and worsening fuel scarcity on the island. Cuba desperately needs the fuel. Blackouts that were occasional on the communist-run island have become routine in recent months as the country struggles to...

HOUSTON, May 29 (Reuters) - LNG developer Tellurian will use most of the proceeds from the sale of its natural gas assets to Aethon Energy to pay off long-term debt, a company spokesperson said on Wednesday. Closely held Aethon Energy, one of the largest gas producers in the Haynesville shale region, on Wednesday agreed to buy Tellurian's upstream assets for...

02:52 PM EDT, 05/29/2024 (MT Newswires) -- BMO reported second-quarter adjusted EPS of $2.59 vs. NBF $2.69 and consensus $2.76. Key Takeaways: BMO reported a weak quarter, as expected, writes National Bank's Gabriel Dechaine. The main drag on the quarter was credit performance. PCLs were 30% above NBF forecast on the back of a 24% sequential increase in Gross Impaired...

FTAI Aviation Ltd ( FTAI ) shares are trading lower by 7.2% to $78.54 during Wednesday’s session after the company announced the pricing of a secondary offering of shares. The underwritten public offering of 2,090,561 ordinary shares by FIG LLC and an employee of FIG LLC, the Selling Shareholders, will be for gross proceeds of about $171.4 million. The shares...