01:15 PM EDT, 07/16/2024 (MT Newswires) -- TC Energy's ( TRP ) claim for US$15 billion in compensation after U.S. President Joe Biden blocked construction of the company's Keystone XL pipeline project was rejected by an arbitration tribunal, the Canadian Press reported on Tuesday. The International Centre for Settlement of Investment Disputes sided with United States and rejected the claim,...

Air Products and Chemicals ( APD ), Inc. shares are trading higher today. Aramco has agreed to acquire a 50% stake in its Blue Hydrogen Industrial Gases Company (BHIG). In particular, Saudi Arabia’s largest oil company, Aramco, inked definitive deals to acquire a stake in BHIG, which is based in Jubail and a subsidiary of Air Products Qudra (APQ). After the...

FRANKFURT (Reuters) -German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said on Tuesday, in its second upgrade this year. The success of the company's low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike, had been expected to help Adidas to deliver strong second-quarter sales. Operating profit...

July 16 (Reuters) - U.S. banks have reaped a windfall from higher interest payments on loans, but commentary from some top executives suggests they could face an uncertain path ahead. Waning demand from borrowers and slowing consumer spending could weigh on bank earnings in the coming months. Here are some comments from earnings season so far: JPMORGAN CHASE ( JPM...