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Saudi Aramco profits fall 12% as oil prices drop
World’s largest oil company cuts dividend in blow to Riyadh’s budgetFinancial Times - 2h -
Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit
Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings.CNBC - 6d -
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - 5d -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - Feb. 22 -
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.The New York Times - Feb. 24 -
Hong Kong stock exchange posts record profits after China stimulus
Listings and trading fees jumped in 2024 after Beijing’s moves to boost marketsFinancial Times - 5d -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - Feb. 20 -
Oil prices post a loss in February as U.S.-Ukraine tensions feed uncertainty
Prices on Friday finished off at the session’s lowest levels after a tense meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky dashed hopes for a Ukraine-Russia ...MarketWatch - 3d -
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - 5d
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China retaliates with additional tariffs of up to 15% on some U.S. goods from March 10
China announced Tuesday it would impose additional tariffs of up to 15% on some U.S. goods from March 10 and restrict exports to 15 U.S. companies.CNBC - 4h -
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
"Europe is ready to massively boost its defense spending," European Commission President Ursula von der Leyen said Tuesday.CNBC - 14m -
As the U.S. halts military aid to Kyiv, how long can Ukraine continue to fight Russia?
U.S. military aid for Ukraine has been paused following the spectacular falling-out between President Donald Trump and Ukraine's Volodymyr Zelenskyy.CNBC - 12m -
Asian tech stocks fall as Trump doubles down on tariffs, keeping investors on edge
Asian tech stocks were also under pressure from the 8.69% fall in artificial intelligence darling Nvidia's shares overnight.CNBC - 4h -
Nvidia shares fall 9% on tariff fears
The company's stock price is down 13% since it reported earnings last Wednesday.CNBC - 12h
More in Business
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As the U.S. halts military aid to Kyiv, how long can Ukraine continue to fight Russia?
U.S. military aid for Ukraine has been paused following the spectacular falling-out between President Donald Trump and Ukraine's Volodymyr Zelenskyy.CNBC - 12m -
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
"Europe is ready to massively boost its defense spending," European Commission President Ursula von der Leyen said Tuesday.CNBC - 14m -
He Fought Claims of Harm From Infant Formula. Now He Regulates It.
Kyle Diamantas, a former corporate lawyer, is the new director for the F.D.A. food division, which oversees infant formula. He defended a top maker in cases claiming the company had not warned of ...The New York Times - 14m -
Lester Holt steps down from NBC ‘Nightly News’—with a nice property portfolio
After a decade as news anchor, the news mogul revealed he has had an ‘amazing ride’ with the network.MarketWatch - 14m -
All about Will Smith’s idyllic $42 million Calabasas mansion he built with Jada Pinkett Smith
Actor Will Smith has again waded into the center of controversy after putting on a very intimate performance with singer India Martínez.MarketWatch - 16m