Energy & Utilities Roundup: Market Talk
Find insight on Exxon, Enbridge and more in the latest Market Talks covering Energy and Utilities. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Exxon and Chevron Feel Brunt of Cheaper Oil
The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed. Source link
Evolution Mining Founder Isn't Finished Yet
With tailwinds from a record-high gold price, Evolution is racing to pay down debt accumulated from acquisitions and to show...
Reckitt Shares Surge After Baby Formula Lawsuit Win
Shares in Reckitt Benckiser topped the Stoxx Europe 600 Index after a U.S. court cleared the company of liability in...
Boohoo Names New CEO, Defies Frasers' Bid to Install Ashley
Boohoo named Dan Finley as its next chief executive officer, spurning major shareholder Frasers’ attempts to install its owner Mike...
U.S. Drugmakers Are Breaking Up With Their Chinese Supply-Chain Partners
U.S. drugmakers and biotechs have come to rely on Chinese partners. Now, some of them are looking for alternatives as...
Big Tech Sees AI Bets Starting to Pay Off
Microsoft, Google and Amazon all report strong quarterly growth in cloud revenue, but warn of increased capital spending. Source link
Comcast Eyes New Venture to House MSNBC, USA and Other U.S. Cable Channels
The cable and entertainment company said it would consider partnerships in streaming as it posted a jump in quarterly revenue....
Apple Sales Hit Quarterly Record as iPhone Business Rebounds
Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that...
Boeing Makes Another Offer to End Machinists Strike
The company is offering a 38% wage increase over four years in its latest proposal. That is up from its...
Bud Light Owner's U.S. Sales Bounce Back After Boycott
After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had...
Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving
The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent...
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure. Source link
'Jeopardy!' and 'Wheel of Fortune' at Center of Legal Feud Between Sony and CBS
Sony alleges that CBS, which distributes the shows, has hurt profitability for the franchises. Source link
Basic Materials Roundup: Market Talk
Find insight on Gold Road Resources, Mineral Resources, Capricorn Metals and more in the latest Market Talks covering Basic Materials....
Energy & Utilities Roundup: Market Talk
Find insight on oil prices, TotalEnergies and more in the latest Market Talks covering Energy and Utilities. Source link
Estee Lauder Pulls Guidance on Shakiness in Asia Markets, Leadership Change
Estee Lauder withdrew its outlook for the current year, citing uncertainty around the pace of recovery the China and Asia...
Aker Solutions Upbeat Despite Profit Miss
Aker Solutions reported below-forecast third-quarter results but said its outlook remained positive with high tender activity. Source link
Google's Cloud Business Powers Accelerating Revenue Growth
Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes...
Woolworths Cuts Expectations for Australian Food Earnings
Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers...
