Weak Opec - QuikReader

With Oil Prices Weak, OPEC Plus Postpones Increases Again

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.

Business - The New York Times - 15 hours ago

OPEC extends oil output cuts

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Politics - The Hill - 16 hours ago

Opec+ members delay planned rise in oil production

Cartel to leave output curbs in place an extra month in effort to boost anaemic crude prices

Business - Financial Times - Yesterday

Oil Jumps as OPEC+ Further Delays Output Hike

Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.

World - The Wall Street Journal - Yesterday

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

UK borrowing costs hit highest level this year as gilt sell-off intensifies

Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ Budget

Business - Financial Times - 4 days ago

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.

Top stories - The New York Times - October 14

UK to consult on ‘opt-out’ AI content scraping in blow to publishers

Decision follows months of lobbying from tech sector and creative industries

Business - Financial Times - October 16

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 sustain

Business - Financial Times - October 16

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 cent

Business - Financial Times - October 22

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 market

Business - Financial Times - October 25

Germany Avoids Recession, but Weak Growth Weighs on Europe

The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.

Top stories - The New York Times - 5 days ago

Microsoft dips on weak guidance after beating on earnings

Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.

Business - CNBC - 5 days ago

Carlsberg Misses Sales Expectations on Weak Consumer Backdrop

The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.

Business - The Wall Street Journal - 5 days ago

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

Business - The Wall Street Journal - 5 days ago

Smith & Nephew cuts outlook on China weakness

FTSE 100 medical manufacturer reports price pressures and worse-than-expected demand

World - Financial Times - 4 days ago

Saudi Aramco Profit Falls on Oil-Price Weakness

The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.

Business - The Wall Street Journal - 3 hours ago

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 at highest in a week after OPEC+ delays output hike by another month

Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...

Business - MarketWatch - 14 hours ago

'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 - 22 hours ago

Deadly Hezbollah Attack Shows Israel’s Weakness Against Drones

Israel has one of the world’s best defenses against missiles and rockets, but struggles to detect slower-moving unmanned aircraft, experts said.

Top stories - The New York Times - October 14

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 ...

Business - MarketWatch - October 15

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 ...

Business - The Wall Street Journal - October 15

USMNT, Mexico meet again: Key players, predictions, strengths and weaknesses

USA and Mexico will clash Tuesday at 10:30 p.m. ET in a friendly in Guadalajara. Here's everything you need to know, from key players to predictions and more.

Sports - ESPN - October 15

Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales

Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.

Business - The New York Times - October 17

EU’s weak or distracted governments make unity of purpose hard to achieve

Leaders can only spend limited political capital on Euro initiatives while weighed down by domestic troubles. It has become a wry joke in Brussels that the most stable country in the EU is Italy, ...

World - The Guardian - October 17

Chiefs DC Spagnuolo ‘can't find a weakness' for 49ers QB Purdy

Kansas City Chiefs defensive coordinator Steve Spagnuolo had plenty of praise for San Francisco 49ers quarterback Brock Purdy.

Sports - Yahoo Sports - October 17

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

Procter & Gamble said volume fell in its Greater China market despite the earnings beat.

Business - CNBC - October 18

'Weak and pathetic': Trump seethes as Mark Cuban campaigns for Harris

Mark Cuban has become a regular surrogate for Vice President Kamala Harris in the race against Donald Trump.

Business - CNBC - October 19

Texas Instruments earnings show some improvements, despite weak industrial sales

Texas Instruments grew overall revenue on a sequential basis, though industrial sales still dropped sequentially.

Business - MarketWatch - October 23

Cramer explains why he'd wait before buying Nucor on weakness

CNBC's Jim Cramer on said it's not yet time to invest in Nucor, a steelmaker whose stock got hit on Tuesday.

Business - CNBC - October 22

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 ...

Business - The Wall Street Journal - October 25

Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.