Marathon Petroleum Q2 profit slumps 63% on lower refining margins
(Reuters) -U.S. refiner Marathon Petroleum Corp reported a 63% drop in second-quarter profit on Tuesday, as improved fuel supplies and
2023-08-01 18:47
US, Europe Growing Alarmed by China’s Rush Into Legacy Chips
US and European officials are growing increasingly concerned about China’s accelerated push into the production of older-generation semiconductors
2023-08-01 17:57
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:21
Russia Says Ukrainian Drone Hit Moscow Tower Again in Attack
Russia’s Defense Ministry said it shot down two Ukrainian drones over Moscow region early Tuesday and electronically jammed
2023-08-01 17:15
European Stocks Drop; UK Outperforms on HSBC and BP Earnings
European stocks dropped on Tuesday as earnings season rolled on. UK shares outperformed, helped by gains in BP
2023-08-01 16:45
Man Group Reports Pretax Profit Drop on Lower Performance Fees
Man Group Plc saw pretax core profit decline in the first half of the year even as assets
2023-08-01 16:22
Plunging sales of new homes show China's real estate crisis isn't over
Plunging sales of new homes and the reported cancellation of a share placement by China's biggest property developer on Tuesday underscored the depth of the country's real estate crisis.
2023-08-01 16:15
Europe Gas Prices Extend Gains as Risks Outweigh Rising Storage
European natural gas prices rose for a second session as supply risks and uncertainty about the upcoming winter
2023-08-01 15:53
A New Big Bull on Wall Street Sees S&P 500 at Record by Year-End
The S&P 500 received its most bullish outlook yet from Oppenheimer Asset Management, which sees further upside for
2023-08-01 15:51
Ukraine Recap: Russia Cites Moscow Strike; Ukrainian Cities Hit
Russia shot down two Ukrainian drones over the Moscow region and jammed a third, the Defense Ministry said.
2023-08-01 15:51
Diageo Shares Rise as Distiller Passes Higher Costs to Customers
Diageo Plc shares rose after the world’s largest distiller said consumers remain resilient and that it’s been able
2023-08-01 15:45
Pakistan to Roll Over Half of $24.5 Billion Maturing Debt
Pakistan expects about half of its maturing debt in fiscal year 2024 to be rolled over, according to
2023-08-01 15:16