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The local had been visiting family in a village in India when he was attacked by a large crocodile which grabbed him in its jaws and dragged him under water

The U.S. Treasury Department sanctioned crypto mining firm BitRiver, targeting one of the industry’s top data-center service providers over its operations in Russia, Bloomberg reported. The Swiss-based company BitRiver provides Bitcoin miners worldwide with energy sources, mining facilities, and large-scale management solutions, including those in Eastern Europe and Russia.  Treasury announced…

Kinder Morgan Inc (NYSE:KMI) reported that first-quarter FY22 revenue declined by 17.6% year-over-year to $4.29 billion, beating the consensus of $3.58 billion. The operating income fell by 45.7% Y/Y to $1.02 billion, and the margin declined by 1,234 bps to 23.8%. Adjusted EPS decreased to $0.32 from $0.60 in 1Q21, beating the…

Baker Hughes Co (NASDAQ:BKR) reported first-quarter revenue growth of 1% year-over-year and a 12% decline sequentially to $4.84 billion, missing the consensus of $5.03 billion. Orders grew by 51% Y/Y to $6.84 billion and were up 3% sequentially. Baker recorded strong orders from TPS as the LNG order cycle continued to unfold. Revenues…

Within the coming days, U.S. President Joe Biden is expected to announce another military aid package for Ukraine about the same size as the $800 million one last week, Reuters reported citing familiar sources. One U.S. official said a new package was expected that would be roughly the size of the previous…

Two analysts remained bullish despite slashing their price targets on Microsoft Corp (NASDAQ:MSFT). Citigroup analyst Tyler Radke maintained Microsoft with a Buy and lowered the price target from $386 to $355 (24.8% upside). Amidst rising investor concerns around the sustainability of robust software demand and valuation multiples, Citi analyst Tyler Radke expects MSFT's results to…

Lockheed Martin Corp (NYSE:LMT) reported a first-quarter FY22 net sales decline of 8% year-over-year to $14.96 billion, missing the consensus of $15.55 billion. EPS declined to $6.44 from $6.56 in 1Q21, beating the consensus of $6.21. The operating profit decreased by 11.4% Y/Y to $1.93 billion, and the margin contracted by 50 bps…

A Rolls-Royce (OTC:RYCEY) (OTC:RYCEF) design for a small modular nuclear reactor (SMR) will likely win U.K. regulatory approval by mid-2024 and produce grid power by 2029, Reuters reports. In the meantime, Rolls-Royce will start manufacturing parts of the design that are most unlikely to change. Each 470 MW SMR unit costs 1.8 billion…

Global EV sales in the first quarter jumped nearly 120% Y/Y even with sticker prices surging, contradicting the decade and a half myth of EV sales breaking out only after battery costs dropped below a threshold, Reuters reports. The 2022 EV demand has stayed strong even as the average cost of…