12:31 PM EDT, 08/01/2024 (MT Newswires) -- (Updates with additional details in the third to fifth paragraphs.) The European Commission has conditionally approved Bunge's (BG) proposed acquisition of Viterra, according to a statement Thursday. The approval comes as both sides agreed to divest Viterra's oilseed businesses in Hungary and Poland to allay the EC's concern of reduced competition in the...

HF Sinclair Corporation ( DINO ) shares are trading lower after it reported second-quarter FY24 results. Revenues remained flat Y/Y at $7.845 billion, beating the consensus of $7.649 billion. Adjusted EBITDA fell 53% Y/Y to $405.8 million in the quarter.  The Refining segment’s adjusted EBITDA fell to $186.9 million from $732.4 million a year earlier due to reduced refinery gross margins in the West and Mid-Continent regions caused by high...

On Thursday, Cigna Corporation reported second-quarter sales of $60.52 billion, up 25% year-over-year, beating the consensus of $58.33 billion. The increase was primarily driven by significant growth in Evernorth Health Services, reflecting several large client wins. Adjusted income from operations increased 5% to $1.91 billion, reflecting strong contributions from Evernorth Health Services and Cigna Healthcare. Also Read: Cigna’s Specialty Pharmacy Leadership Expected...

LONDON, Aug 1 (Reuters) - Germany's Lufthansa Group and its unit Swiss International Air Lines have cancelled all passenger and cargo flights to and from Tel Aviv with immediate effect through Aug. 8, spokespeople for the airlines said on Thursday. The reason for this is the current development in the region, a Lufthansa spokesperson said. The German airline group has...