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BP’s third-quarter profit nearly quadruples as refining margins surge
A customer fills up a vehicle with fuel at a BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025.Bloomberg | Bloomberg | Getty ImagesOil major BP smashed third-quarter expectations on Friday, as volatile energy markets and high…
Iran claims four tankers hit mines in Hormuz as U.S. strike fears grow
HORMOZGAN, IRAN - SEPTEMBER 09: Iran's medium-sized oil tankers continue to wait off the coast of Bandar Abbas at the Strait of Hormuz in Hormozgan Province, Iran on September 09, 2026. Fatemeh Bahrami | Anadolu | Getty ImagesIran said…
FedEx Freight delivers a much-needed quarterly beat. Where we stand on
FedEx Freight on Thursday night took a positive step forward in its young journey as a standalone public company. In its first official earnings report since being spun off in June, the less-than-truckload shipping provider delivered a…
BOJ holds rates at 1.25%, says inflation target has been met
The Bank of Japan declared that underlying inflation in the country was "generally consistent" with its target of 2%, the first time it has made that assessment since adopting the target in 2013.Before this, the BOJ used to say that…
Israel faces weeks of coalition haggling as neither bloc wins majority
(COMBO) This combination of pictures created on October 28, 2026, showsYashar party leader Gadi Eisenkot (L) addressing his supporters at the election night rally in Tel Aviv early on October 28, 2026, and Prime Minister Benjamin…
Microsoft announces plan to raise $25 billion in debt
Microsoft on Thursday announced plans to raise $25 billion in bonds, taking advantage of its healthy credit rating to support its infrastructure expansion. The software maker holds a top-tier AAA rating with S&P, a credit agency.…
Intel plunges on a major guidance miss. What went wrong, how to proceed
Intel delivered a solid quarter on Thursday, but its guidance underscored how heavily it still depends on the struggling PC market, sending shares sharply lower after hours. We're not joining the sell-off just yet. Revenue in the third…
How elections worldwide are testing Trump’s influence abroad
U.S. President Donald Trump attends a rally, in support of Republican Senate candidate, former U.S. Representative Mike Rogers, ahead of the midterm elections, at an entertainment complex in Port Huron, Michigan on Oct. 25, 2026.Jonathan…
Binance ‘potential security issue’ sees $2.54 billion frozen
Several crypto firms, including Circle Internet Group and Tether, on Thursday froze $2.54 billion of funds tied to a potential hack on cryptocurrency exchange Binance.The world's largest crypto exchange by daily trading volumes didn't…
We’re cutting our Amazon price target after a rough quarter. But it isn’t a
Amazon on Thursday evening delivered a rare double miss. Shares of the e-commerce and cloud giant sank in after-hours trading as quarterly revenue and earnings fell short of estimates. Weaker-than-expected retail sales and advertising…