ExxonMobil and Chevron post bumper profits and warn on diesel supplies
US oil groups are profiting from soaring refining margins because of Donald Trump’s war in Iran
Financial Times
Region: United Kingdom
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Language: EN
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Mode: Aggregation
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Stories Indexed: 256
BP’s profits surge to record on high fuel prices
Oil and gas major paying off debt with windfall while competitors hand more cash back to shareholders
Big Tech sheds nearly $900bn in rout over soaring AI spending
Cash burn at Google, Amazon and Meta leads Wall Street to question price of AI boom
French economy contracts 0.1% in third quarter
Eurozone’s second-largest economy is grappling with high energy prices and a surge in borrowing costs
Europe divided over how to influence US-Russia talks
Fears of continent being sidelined in Ukraine peace negotiations prompt disjointed outreach to Vladimir Putin
‘A pile of muscle’: Trump closes midterm pitch with surreal messaging
Voters want lower prices. Trump has other things on his mind, like backsides and the Nobel Peace Prize
Spotify aims to launch AI music remix service early next year
Streaming service plans to charge users up to $5 a month to use the feature
Inside the make-or-break AI mega-project behind Nscale’s $35bn IPO
Nvidia-backed neocloud bets on West Virginia data centre campus hit by construction issues, local opposition and financing risks
Why Trump’s tech dreams are quietly crumbling
Tariffs, immigration restrictions and skilled labour shortages make it hard for the US to boost production
Global tech rout deepens after US earnings stoke AI spending fears
Japan’s tech-heavy Nikkei 225 index declines, while Wall Street set to open lower
Binance founder says exchange targeted in apparent hack
Tether and Circle freeze billions of dollars’ worth of their coins as world’s largest crypto exchange investigates security issue
Has Australia’s push for lower house prices gone too far?
Canberra wanted to cool one of the world’s hottest property markets
Xi Jinping elevates general who led purge of China’s military
Zhang Shengmin appointed to Communist Party politburo as it moves to tighten discipline and crack down on corruption
Starbucks to resume share buybacks but China shift clouds growth outlook
US same-store sales rise 7.7% as CEO touts progress in coffee chain turnaround
What killed Weil Gotshal?
Partners were stunned by the realisation that a profitable 95-year-old firm with 1,200 lawyers could be felled by a string of departures
Uproar in Alaska sparks Democratic fears for Senate majority
Campaign mishaps and infighting could undermine party’s push to take Republican strongholds
Amazon shares slide on lower Christmas sales forecast
E-commerce giant posts disappointing sales and guidance despite booming cloud unit
Intel stock falls 17% as it forecasts weaker chip sales
Lower-than-expected sales forecasts dent chipmakers’ turnaround prospects