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ExxonMobil profits up on higher output after Pioneer deal
ExxonMobil profits up on higher output after Pioneer deal
by  AFP

US oil and gas giant ExxonMobil reported higher profits Friday on record oil and gas production following the acquisition of Pioneer Natural Resources, offsetting sharply lower downstream earnings. "We achieved record quarterly production from our low-cost-of-supply Permian and Guyana assets, with the highest oil production since the Exxon and Mobil merger."

Nintendo first-quarter net profit sinks as Switch sales slow
Nintendo first-quarter net profit sinks as Switch sales slow
by  AFP

Nintendo said Friday that first-quarter net profit more than halved as sales for the seven-year-old Switch slowed down and fans keenly awaited news on the hit console's successor. Players and investors are hungry for news about a Switch successor, and Nintendo has said an announcement will come by the end of March 2025.

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