Latest in Weak Opec
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Investors need clarity on BP policy not boss’s weak promises
Shareholders still do not know if giant will jettison goal to cut oil and gas production by 25% by 2030. There goes another of BP’s shiny targets-cum-ambitions. This one is not related to the pace ...World - The Guardian - 6 days ago -
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 - 6 days ago -
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.Business - The Wall Street Journal - October 29 -
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.Business - The Wall Street Journal - October 29 -
Draper keeps winning run going with dismissal of Lehecka at Paris Masters
World No 15 follows Vienna Open title with 7-5, 6-2 victory Jannik Sinner out of tournament with intestinal virus Just a couple of hours after closing out one of the biggest achievements of his ...World - The Guardian - 6 days ago -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - 5 days ago -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - 5 days ago -
ISM factory index drops, marking 7th straight month below growth threshold
The malaise that has loomed over the manufacturing sector for the better part of the past two years seems like it will continue, according to one economist.Business - MarketWatch - 3 days ago -
Weak Jobs Report Provides Fodder For Harris and Trump Ahead of Election
Republicans and Democrats used the latest jobs numbers to bolster their arguments about who would be better at managing the economy.Business - The New York Times - 3 days ago -
Biden going on campaign trail after weak October jobs report
President Biden will head back out on the campaign trail over the weekend after a rough week for his administration that began with backlash over Mr. Biden appearing to call Trump supporters ...Top stories - CBS News - 3 days ago -
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.Business - The Wall Street Journal - 5 hours ago -
Trump takes swipe at 'weak and soft' Fox News over upcoming Harris interview
Former President Trump seemingly mocked Fox News Monday evening, after the network announced that Vice President Harris agreed to sit for an interview, calling the outlet "weak and soft." "Lyin’ ...Politics - The Hill - October 15 -
'You can't show weakness' - why African leaders maintain secrecy around their health
There is a long history of African leaders hiding or lying about their health to keep rivals at bay.Top stories - BBC News - October 19 -
‘We look strong but inside I feel weak’: Ukraine rugby league’s heavy burden
Despite being bombed, the national players are a source of pride as they travel to France for World Cup qualifiers. By Gavin Willacy for No Helmets Required . A little over two weeks ago, Vitalii ...World - The Guardian - October 22 -
There are still banks prone to the runs that brought down SVB and Credit Suisse, regulators warn
The Financial Stability Board, an international body of global regulators, delved into the issues that brought about the collapse of Credit Suisse, the failure of SVB, Signature and First Republic, ...Business - MarketWatch - October 23 -
Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand
Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...Business - MarketWatch - 6 days ago -
Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high
Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.Business - MarketWatch - 3 days ago -
Weak jobs data can’t stop 10-year yield’s climb as stock-market rally lost steam
Bond-market traders shook off Friday’s weak nonfarm payrolls report for October by sending the benchmark 10-year yield to its highest level since early July, which may have sapped some momentum out ...Business - MarketWatch - 3 days ago -
Marqeta’s stock may shed a third of its value as these factors spur weak outlook
The fintech company’s forecast fell short of prior guidance as some customers are moving to in-house solutions and others are reacting to heightened banking regulations.Business - MarketWatch - 11 hours ago -
Trump’s ex-chief of staff says he is a fascist and would govern as a dictator
Four-star US General John Kelly’s claims were reported in blockbuster comments to The New York TimesWorld - Financial Times - October 23 -
Investors pile into emerging-market funds that cut out China
Demand for ‘ex-China’ strategies soar as tensions with west linger, despite recent stock reboundWorld - Financial Times - October 23 -
UK ministers explore using break clauses in asylum housing contracts
Home Office aims to revise terms or terminate after being ‘shocked’ by private companies’ profitsWorld - Financial Times - October 23