There could be even bigger seismic shocks ahead with firms like Shell considering leaving the London Stock Exchange
Daimler Truck must reach a new labor contract with over 7,300 hourly workers at six facilities in the U.S. South by the end of Friday or face a possible strike by the United Auto Workers (UAW) union members. The workers are seeking higher pay, institution of cost-of-living adjustments and greater job security from the heavy-truck maker, UAW President Shawn Fain said during an online speech earlier this week. "Workers' wages at Daimler have not kept up," he said on Tuesday.
Exxon Mobil Corp on Friday missed analysts' estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset volume gains.
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