U.K. oil giant BP on Tuesday reported bumper second-quarter profits, benefitting from a surge in commodity prices.Story Published at: August 02, 2022 at 07:17AM
Oil major BP boosts dividend as quarterly profits jump on high commodity prices
Draghi’s political downfall: How power imploded in Italy and what happens next
Mario Draghi is best known for saving the euro. But a coveted rescue of the Italian economy ended prematurely.Story Published at: August 02, 2022 at 06:55AM
China’s economy could be dragged down by loss of confidence in property sector
Land sales, which make up a dominant portion of provincial government revenue, have fallen 30% in the past year.Story Published at: August 02, 2022 at 03:38AM
They dropped out of Stanford to run a startup. Now, it’s close to becoming India’s next tech unicorn
Zepto’s latest cash injection valued the business at $900 million — just nine months after its launch. Story Published at: August 02, 2022 at 03:17AM
California declares a state of emergency over monkeypox outbreak
Story Published at: August 02, 2022 at 01:29AM
‘Dirty ol’ coal’ is making a comeback and consumption is expected to return to 2013′s record levels
Global coal consumption is set to return to record levels reached nearly 10 years ago, the International Energy Agency said, as the energy crunch continues. Story Published at: August 02, 2022 at 01:18AM
Asia markets poised to fall; South Korea’s inflation accelerates
Investors are also looking ahead to the Reserve Bank of Australia’s interest rate decision.Story Published at: August 02, 2022 at 12:40AM
Biden administration faces midnight court deadline to defend $350 billion of Trump’s China tariffs
The Biden administration faces a legal deadline at midnight to defend Trump’s China tariffs, even as the White House considers scaling them back. Story Published at: August 01, 2022 at 10:35PM
Ford stock notches its best month since the Great Recession – and keeps rising
The stock advanced 32% last month, marking the best monthly percentage gain for Ford’s shares since a 127.4% surge in April 2009. Story Published at: August 01, 2022 at 09:18PM
Pinterest shares climb on better-than-expected user numbers even as financials disappoint
Pinterest shares jumped after the company’s user numbers surpassed analysts’ estimates in a gloomy quarter for social media.Story Published at: August 01, 2022 at 09:19PM