British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset

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  BP set to scale back green investments as profits drop sharply

  The oil giant is widely expected to say it will scale back on renewables later this month.
  
  BBC News - 13m

• Italy's UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat

  Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures.
  
  CNBC - 2h
• 

  Trump Killed a Major Report on Nature. They’re Trying to Publish It Anyway.

  The first full draft of the assessment, on the state of America’s land, water and wildlife, was weeks from completion. The project leader called the study “too important to die.”
  
  The New York Times - 16h
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  BP pledges ‘fundamental reset’ of strategy as profits sink

  Chief executive Murray Auchincloss vows to boost performance after activist Elliott takes stake
  
  Financial Times - 5h

• McDonald’s reports sales growth in fourth quarter as Gaza boycott eases

  US fast-food chain records like-for-like improvement in revenue, with business improving in Middle East
  
  Financial Times - 15h

• BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major

  BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major.
  
  CNBC - 23h

• Singapore’s DBS reports record profits as long-serving chief bows out

  City-state’s biggest lender buoyed by strong commercial and wealth management performances
  
  Financial Times - 1d
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  Amazon Reports 88% Rise in Profits but Says Growth Could Slow

  The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
  
  The New York Times - 4d

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• Super Micro's roller coaster continues into earnings with 59% stock pop in past week

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• Sen. Elizabeth Warren: Current FDIC staffing shortages 'threaten the safety and soundness of the banking system'

  In a letter sent to Inspector General Jennifer Fain, Sen. Elizabeth Warren said the FDIC should evaluate whether the decision to rescind more than 200 job offers to bank examiners threatens the ...
  
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More in Business

• DuPont’s stock jumps as earnings beat estimates, boosted by semiconductor recovery and AI

  DuPont cited continued recovery in semiconductor demand, driven primarily by AI-technology applications and stronger demand in China, for its results.
  
  MarketWatch - 9m

• Coca-Cola sales easily top estimates as global demand rises

  Shares of Coke have risen 7% over the past year, raising its market cap up to $275 billion.
  
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• 

  What if Donald Trump calls the courts’ bluff?

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• Oil prices aim for 3-day winning streak as traders shake off tariff fears

  Oil futures were on track for a third straight gain Tuesday, with traders shaking off worries over President Trump’s tariff strategy to focus on tighter sanctions on Iran and Russia.
  
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