02:13 PM EDT, 05/28/2024 (MT Newswires) -- BioRem ( BIRMF ) was last seen up 5.8% after the company on Tuesday reported a profit for the first quarter and an 87% increase in revenue. The environmental biotechnology company said it swung to a profit of $344,000, or $0.02 per share, compared with a loss of $557,000, or $0.04 per share,...

MEXICO CITY, May 28 (Reuters) - Mexico has been consuming record amounts of electricity and occasionally more than its utility infrastructure can generate and transmit, official data showed, as scorching heat raises the likelihood of power outages. In the late afternoon on Monday, Mexico consumed 51,595 megawatts of electricity across the country, grid operator CENACE recorded. When demand exceeds supply,...

HOUSTON, May 28 (Reuters) - Hess Corp ( HES ) on Tuesday approved the company's $53 billion merger with the No. 2 U.S. oil company Chevron ( CVX ), according to preliminary results of the vote. The merger required a majority of Hess' 308 million shares outstanding to pass. The company did not immediately provide the vote tally. ...

02:08 PM EDT, 05/28/2024 (MT Newswires) -- Former Pioneer Natural Resources Chief Executive Scott Sheffield on Tuesday asked the US Federal Trade Commission to withdraw its objection to his inclusion on the board of Exxon Mobil ( XOM ) . Exxon recently completed its acquisition of Pioneer. The FTC declined to challenge the deal but approved a consent order preventing...