OSLO (Reuters) - Equinor's ( EQNR ) Johan Castberg oilfield in the Arctic Barents Sea began production on Monday after several delays, and is expected to repay its 86 billion Norwegian crown ($8.14 billion) price tag in less than two years, the company said. Castberg becomes the second producing oilfield in the Norwegian sector of the Barents Sea after Vaar...

07:10 AM EDT, 03/31/2025 (MT Newswires) -- VIQ Solutions ( VQSSF ) over the weekend said fourth-quarter net loss widened. The company, which operates in AI-driven voice and video technology, said net loss was US$3.6 million, compared with a loss of US$2.9 million for the prior year period. Revenue increased 2% to $10.5 million during the same period. 2024 was...

(Reuters) -KFC ( YUM ) parent Yum Brands ( YUM ) said on Monday CEO David Gibbs has informed the board of his intention to retire from the company next year. Gibbs, who joined the company in 1989 as an executive for Taco Bell, took on the role of Yum's chief executive officer in January 2020. The board has established...

07:09 AM EDT, 03/31/2025 (MT Newswires) -- Japanese industrial production (IP) rose 2.5% month over month for the first month in four in February, boosted by a rebound in output of semiconductor equipment and integrated circuits, said Daiwa Capital Markets. While car production rose to a 14-month high, the imposition of a 25% tariff hike on auto exports to the...