Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024. Sefa Karacan | Anatolia | Getty Images Turkey’s request to join the BRICS alliance is a move seen as both strategic and symbolic as the Eurasian country of 85 million […]
An oil pump jack is shown in a field on June 27, 2024 in Stanton, Texas. Brandon Bell | Getty Images News | Getty Images SINGAPORE — Global markets are severely overplaying an oil supply glut, said Jeff Currie, chief strategy officer of energy pathways at private equity giant Carlyle. Concerns about a supply glut […]
The Volvo logo is displayed at the Volvo Cars Hill Country dealership on September 04, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images European car giants are contending with a perfect storm of challenges on the path to full electrification, including a lack of affordable models, a slower-than-anticipated rollout of […]
A cargo ship carrying containers is seen near the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020. Martin Pollard | Reuters BEIJING — China’s exports rose by 8.7% year-on-year in U.S. dollar terms in August, according to the customs agency. That was higher than the forecast […]
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares rose 9% in extended trading on Monday after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates. Here is […]
Sopa Images | Lightrocket | Getty ImagesNetflix said Wednesday that its quarterly revenue and subscriptions rose, as efforts to curb password sharing took hold.Here’s what the company reported for the second quarter versus what analysts expected, according to Refinitiv: Earnings: $3.29 a share vs. $2.86 per share expectedRevenue: $8.19 billion vs $8.30 billion expectedThe streaming… […]
A Carvana used-car vending machine in Miami, May 11, 2022.Joe Raedle | Getty ImagesCheck out the companies making headlines in midday trading.Carvana — Shares soared 40.2% after the used-car retailer reached a deal that will reduce its total outstanding debt more than $1.2 billion. The agreement will eliminate over 85% of its 2025 and 2027… […]
SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. Alain Jocard | Afp | Getty ImagesTesla reported earnings after the bell, showing a record for quarterly… […]
People gather near damaged vehicles in the aftermath of Israeli strikes, in Tehran, Iran, June 13, 2025. Majid Asgaripour | Wana | Via Reuters Israel launched a series of airstrikes against Iran early Friday morning local time, targeting locations it said were related to Iran’s nuclear program, sparking market fears of a wider conflict. Mohammad […]
At least 241 people were killed when an Air India Boeing 787 Dreamliner crashed into a residential area moments after takeoff from Ahmedabad in western India, the carrier said. There was a sole survivor from the plane who was taken to a local hospital, the airline said on X. The plane was bound for London […]
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