Latest in Top trader Vitol eyeing metals market as global oil demand set to peak in 10 years, CEO signals
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Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.Business - CNBC - October 23 -
Shell shares rise as oil major brushes off impacts of global refining slump
The British oil major beat forecasts in posting a 4% drop in its third-quarter profits to $6 billion in the face of a global slump in the market for refined products including diesel, jet fuel and ...Business - MarketWatch - October 31 -
Bitcoin surges 10% to a record above $76,000 as Trump victory heralds wider crypto adoption and weaker regulation
Crypto assets rose as investors bet that a second Trump administration will widen fiscal deficits and boost bitcoin as a hedge against higher inflation.Business - CNBC - Yesterday -
Chris Mason: Chancellor will set agenda for years to come
Rachel Reeves' historic first Budget will set the agenda for the Labour government for years to come.Top stories - BBC News - October 29 -
Rail fares set to rise in England next year
Regulated rail fares in England are set to rise by 4.6%, while most rail cards will rise by £5.Top stories - BBC News - October 30 -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand
Oil futures finished higher Wednesday, with official U.S. data showing a surprise decline in crude supplies in the latest week and strength in gasoline demand, prompting prices to post their first ...Business - MarketWatch - October 30 -
'Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts
The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.Business - CNBC - 4 days ago -
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Markets set for rally after U.S. elections, Barclays says
Markets will likely experience a ‘mild relief rally’ in the wake of the vote as a smooth transition starts to come into sightBusiness - MarketWatch - October 28 -
Global public debt to pass $100tn this year, says IMF
Fund calls for tougher action by big economies, with debt set to approach 100% of world GDP by end of decadeBusiness - Financial Times - October 15 -
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.Business - CNBC - October 23 -
McDonald’s posts biggest decline in global sales in four years
Amid sluggish spending in US, Europe and China, sales fell by 1.5% between July and September. McDonald’s has posted another bigger than expected drop in sales as demand continues to slow, despite ...World - The Guardian - October 29 -
How the 'vibecession,' global economic uncertainty are influencing investors this election year
More than 60 countries held or will hold national elections in 2024. Here's the Principal Financial Group CEO's take on investors' response.Business - CNBC - 2 days ago -
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.Business - CNBC - October 29