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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.Business - The Wall Street Journal - 3 days ago -
China's property market is expected to stabilize in 2025 — but stay subdued for years
China's struggling real estate sector may not start turning around until the second half of next year, even with the latest stimulus measures, analysts predict.Business - CNBC - 2 days ago -
U.S. election won't be an 'uneventful event' for global markets, UBS chief says
Ermotti forecasts "market movements" will take place in the wake of the upcoming U.S. elections, no matter who wins leadership of the world's largest economy.Business - CNBC - 2 days ago -
Presidential Betting Markets Are a Real-Time Experiment for Regulators—and It Could End Poorly
Billions have been wagered on the presidential election on platforms such as Kalshi and Polymarket. The bets are comically bullish on Trump. Are gamblers about to lose a bunch of money?Business - Inc. - Yesterday -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - 14 hours ago -
BBVA Profit Beats Market Views on Mexico, Spain Growth
Banco Bilbao Vizcaya Argentaria’s third-quarter performance in Spain and Mexico, its key markets, drove its profit above market expectations.Business - The Wall Street Journal - 22 hours ago -
The stock market gives this candidate a 69% chance to be the next U.S. president
Incumbent political party is favored when the Dow is up year-to-date, according to a prediction model with a 99% confidence rating.Business - MarketWatch - 5 hours ago -
Jim Cramer's top 10 things to watch in the stock market Thursday
The Fed's favorite inflation gauge also matched expectations.Business - CNBC - Yesterday -
Stock market suffers a Halloween selloff as tech investors get the chills
A confluence of frightful factors sank stocks on the final day of October.Business - MarketWatch - 13 hours ago -
The Papers: 'Markets turn on Reeves' and 'soaring cost of sickness claims'
Investors' reactions to the Budget and forecasts for the cost of sickness benefits lead the papers.Top stories - BBC News - 7 hours ago -
Investors step up bets that US election will trigger market volatility
Jitters sweep through bond and currency markets before presidential voteWorld - Financial Times - 9 hours ago -
A fast-changing Chinese coffee market awaits Starbucks CEO Brian Niccol
Here's what new Starbucks CEO Brian Niccol might see when heBusiness - CNBC - 29 minutes ago -
Jim Cramer's top 10 things to watch in the stock market Friday
Stocks looked to rebound to start November after a tough trading session.Business - CNBC - 33 minutes ago -
Officiating among Rodgers' gripes in 'giveaway' loss
The Jets capped a tumultuous week with a loss to the Bills on Monday night that smacked of so many others under fired coach Robert Saleh, with too many penalties and too many blown opportunities. ...Sports - ESPN - October 15 -
FirstFT: Musk backs Trump election bid with $75mn donation
Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capitalWorld - Financial Times - October 16