Latest in OMV Misses Views as Weak Refining, Oil Trading Hit Results
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Business - The Wall Street Journal
OMV Misses Views as Weak Refining, Oil Trading Hit Results
The energy company’s third-quarter profit tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit.15 hours ago -
Business - The Wall Street Journal
China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.13 hours ago -
Business - The Wall Street Journal
TotalEnergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
The French oil and petroleum company said it expected to report hydrocarbon output of 2.4 million barrels of oil-equivalent a day for the third quarter, while results in its downstream division are ...October 15 -
Business - MarketWatch
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.October 15 -
World - Financial Times
Oil tumbles after Israel refrains from attacking Iran’s refining facilities
Brent crude drops more than 6% as Tehran gives measured response to strikesYesterday -
Business - Financial Times
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market4 days ago -
Business - The Wall Street Journal
Electrolux Shares Tumble After North America Weakness Weighs on Results
Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America, where it is turning to promotions to entice ...4 days ago -
Business - MarketWatch
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...October 15 -
Business - Financial Times
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase14 hours ago -
Business - The Wall Street Journal
BP's Profit Hits Four-Year Low on Commodity Market Weakness
BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.13 hours ago -
Business - CNBC
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.October 15 -
Politics - The Hill
Views of China hit new low: Survey
Americans have a deteriorating view of China and its relations with the U.S., according to a Thursday report published by the Chicago Council on Global Affairs. Participants ranked the country 26 ...5 days ago -
Top stories - BBC News
'Alarming' - creators hit back at Instagram lowering quality of less viewed videos
The revelation has sparked concern among some creators it may impact their reach on the platform.13 hours ago -
Business - CNBC
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.October 16 -
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World - The Guardian
Netanyahu’s house hit by drone as Israel and Hezbollah trade blows in Lebanon
Shia group has not claimed responsibility for attack on PM’s home but says it fired several barrages of rockets. Benjamin Netanyahu’s house in the seaside town of Caesarea was hit by a drone on ...October 19 -
Business - CNBC
Russian oil trade is rising with record crude volumes on 'dark fleet' vessels despite sanctions, price cap
Lloyd's List reports record volumes of Russian oil carried on "dark fleet" vessels and sanctioned tankers without known insurance in September.October 14 -
World - The Guardian
Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live
Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...6 days ago -
Business - CNBC
U.S. crude oil edges lower after worst day in two years
Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.6 hours ago -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...October 15 -
World - The Guardian
Middle East crisis live: US warns Israel it will withhold arms funding if Gaza aid doesn’t improve
US state department confirms reports that secretary of state and defense secretary warned Israel . See all our Middle East coverage here Israeli military strikes killed at least 40 ...October 15 -
World - The New York Times
Israel Tells U.S. It Won’t Hit Iran’s Oil or Nuclear Sites in Next Attack, Officials Say
Instead, Israel has agreed to focus its next attack on military targets in Iran, the officials said.October 15 -
Business - The Wall Street Journal
Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes
The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.6 days ago -
Sports - CBS Sports
Patrick Mahomes has 'extreme confidence' in current Chiefs group of WRs after team missed out on big trades
The back-to-back Super Bowl MVP feels good about his pass-catching group despite a rocky statistical start to 2024October 16 -
World - Financial Times
Disadvantaged pupils miss out as university entry gap hits record level in England
Social mobility experts warn of ‘ticking time bomb’ left by pandemic and cost of living crisis5 days ago -
Sports - Yahoo Sports
NFL Week 7 was hit hard by injuries. Here are the biggest names, and how it may impact trade deadline
There's some credence for the Bucs being aggressive given their wide receiver injuries, while the 49ers might want to think twice.October 22 -
Top stories - The New York Times
Harris Suggests Trump Is ‘Weak and Unstable’ in Pointed Challenge
Kamala Harris asked why Donald J. Trump had not released his medical records, appeared on “60 Minutes” or agreed to a second debate.October 14 -
Business - Financial Times
UK to consult on ‘opt-out’ AI content scraping in blow to publishers
Decision follows months of lobbying from tech sector and creative industriesOctober 16 -
Business - Financial Times
Lebanon feels it is being punished for a decision Hizbollah made
Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustainOctober 16 -
Business - Financial Times
L’Oréal sales disappoint due to weak Chinese demand
Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per centOctober 22 -
Sports - Yahoo Sports
MMA schedule and results 2024
Schedule and results for the biggest MMA fights in 2024.October 13 -
World - Financial Times
El Salvador gets $1bn US-backed loan from JPMorgan to refinance debt
Deal linked to promise of river conservation is latest example of increasingly popular ‘debt for nature swaps’October 17