07:53:31 EDT Fri 10 May 2024
Enter Symbol
or Name
USA
CA



Exxon Mobil CDR (CAD Hedged)
Symbol XOM
Shares Issued 700,000
Close 2023-11-15 C$ 19.70
Market Cap C$ 13,790,000
Recent Sedar Documents

FP/wire say Exxon, others seek audience with China's Xi

2023-11-16 08:39 ET - In the News

Also In the News (C-CITI) Citigroup CDR (CAD Hedged)
Also In the News (C-MSFT) Microsoft CDR (CAD Hedged)

The Financial Post reports in its Thursday edition that executives from Microsoft, Citigroup, Exxon Mobil and other large multinationals are converging on San Francisco this week for an audience with Chinese President Xi Jinping and other Asian leaders. A Bloomberg dispatch to the Post reports that for many corporations, the agenda is simple: They are ready to get back to business. A chief executive summit on the sidelines of the Asia-Pacific Economic Cooperation meeting will coincide with the most challenging trade climate in a generation. Washington is trying to prevent China from acquiring high-end computer chips and has imposed curbs on U.S. investment there. Beijing has responded by jump-starting its own chip efforts and exhorting citizens to buy locally made phones and other products. From tech to logistics, oil and gas to finance, companies are struggling to maintain access to Chinese consumers even as they try to navigate a growing list of regulations, tariffs and export controls. Florida International University assistant professor of business Dan Prud'homme says, "If Xi is going to meet these business leaders at this summit, they'll be looking for signals that the U.S.-China relationship is thawing."

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