SLB, the world’s biggest oil-services provider, posted its first sequential dip in North American sales since the start of 2021 as explorers ramp up spending in the Middle East and elsewhere in the world.
Equities fell, Treasuries rose and oil topped $90 a barrel on concern the war between Israel and Hamas may widen to a regional conflict.
For years, the US has been working with its allies in the Persian Gulf on something that long seemed impossible: normalizing ties with Israel.
Italian Prime Minister Giorgia Meloni has announced her breakup with the father of her child, effectively ridding her of a political liability after he made a series of controversial remarks.
COP28 is just six weeks away and countries are already trading blows over what is likely to be one of the most contentious issues at this year’s UN climate summit in Dubai.
American Express Co.’s third-quarter revenue and profit soared to record levels as the company continued to attract new cardholders willing to pay an annual fee for its premium products.
South Korea’s $733 billion national pension fund admitted it’s been overstating the amount of money it invests in socially responsible assets, adding pressure on the world’s third-largest fund to improve its record on sustainability.
The US and European Union failed to reach an accord on steel and aluminum ahead of a summit on Friday and are poised to keep negotiating until a year-end deadline, when tariffs would return on billions of dollars of transatlantic trade in the absence of a deal.
VinFast Auto Ltd. has agreed to sell as much as $1 billion worth of new shares to Yorkville Advisors Global over three years as the Vietnam electric vehicle maker seeks to boost the public float of its US-listed stock.
Pacific Investment Management Co. spent some of last year scooping up debt that banks couldn’t sell at knock-down prices. Now it’s started to slowly offload some of those positions at double-digit premiums.
