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Trafigura warns of up to $1.1bn loss over Mongolian oil scandal
Commodity trader is taking action against a ‘small number’ of insiders involved in the alleged fraudBusiness - Financial Times - 5 days ago -
Oil bigwigs open wallets for Trump after billion-dollar request
Oil and gas tycoons made significant contributions to the Trump campaign after the former president asked the industry for $1 billion to support his reelection bid — and reportedly said it would be ...Politics - The Hill - 5 days ago -
Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices
Shell’s earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors’ results over the third quarter.Business - The Wall Street Journal - 5 days ago -
Oil prices end higher as risk of Iranian strike on Israel grows
Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...Business - MarketWatch - 4 days ago -
Exxon and Chevron suffer profit falls on lower oil prices
Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023Business - Financial Times - 3 days ago -
What will OPEC+ decide on oil output? Here’s why it’s complicated.
Developments in the Middle East have and worries about the prospects for global demand have fueled volatile trading in the oil market in recent weeks and that makes an upcoming decision by major ...Business - MarketWatch - 2 days ago -
The UAE opens its annual oil-and-gas summit, pledging to increase output
The United Arab Emirates has opened its annual oil-and-gas summit as it plans to increase energy output even as global prices have fallenWorld - ABC News - 23 hours ago -
Canada Announces Carbon Emission Caps for Oil and Gas Sectors
The Trudeau government has focused on the oil and gas production industries because the large amounts of energy they use make them the country’s largest source of greenhouse gases.World - The New York Times - 11 hours ago -
Canada Sets Preliminary Rules for Oil-and-Gas Carbon-Emissions Cap
The cap on energy-sector emissions is a longstanding promise from Canada’s Liberal government. The Business Council of Canada said the cap would pose a headwind for an economy struggling to record ...Business - The Wall Street Journal - 15 hours ago -
Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash
Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”Business - The New York Times - 39 minutes ago -
Tensions rise as Israel continues strikes on Lebanon, Gaza
Israel continued strikes in both Gaza and Lebanon. Israeli Prime Minister Benjamin Netanyahu on Sunday warned the U.N. to remove its peacekeeping force from southern Lebanon. Debora Patta reports.Top stories - CBS News - October 13 -
Reeves signals business taxes will rise in Budget
Chancellor says companies understand government must make ‘difficult decisions’ to balance booksBusiness - Financial Times - October 14 -
Utah's Rising out for season, Wilson named starter
Utah quarterback Cam Rising is out for the season with a lower leg injury and coach Kyle Whittingham says true freshman Isaac Wilson will be the Utes' starter until further notice.Sports - ESPN - October 15 -
Flutter chief warns on US betting tax rises
FanDuel owner says punitive duties could push customers towards unlicensed operatorsBusiness - Financial Times - October 15 -
Starmer does not rule out rise in National Insurance for employers
The prime minister told the BBC the Budget would be tough but insisted the government would not break manifesto pledges.Top stories - BBC News - October 15 -
Report: Injuries cost top clubs $800M last season
Players in Germany's Bundesliga are most likely to be injured amongst Europe's top five domestic leagues but England's Premier League bears the most injury-related costs, according to a report ...Sports - ESPN - October 16 -
CDC warns whooping cough cases are on the rise
The Centers for Disease Control and Prevention are warning that cases of whooping cough are on the rise, with more cases reported this year compared to this time in 2023. Dr. William Schaffner, a ...Top stories - CBS News - October 15 -
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.Top stories - BBC News - October 16 -
Drones, threats and explosions: Why Korean tensions are rising
The North has warned the South of "horrible consequences" if another drone crosses the border.Top stories - BBC News - October 15