Oil Surplus Looms If OPEC+ Hikes Supplies, IEA Data Show
Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans…
Gold Advances to Highest in a Week Ahead of US Inflation Data
Gold rose ahead of US economic data due later this week, with traders focused on whether the prints will reinforce…
Pfizer’s RSV vaccine shows benefit in immuno-compromised adults in study
Pfizer said on Monday its respiratory syncytial virus (RSV) vaccine Abrysvo generated a strong immune response in a late-stage study…
Spirit Aero losses more than double as 737 output drops, A220 woes linger
Spirit AeroSystems said on Monday its quarterly losses more than doubled as 737 fuselage shipments to its biggest customer Boeing…
Mastercard’s quarterly profit jumps on resilient spending
Mastercard’s second-quarter profit rose 17% as customers kept up spending heavily via its cards, sending shares of the payments giant…
Oil Holds Near Six-Week Low With Chinese Demand, OPEC+ in Focus
Oil steadied near a six-week low as positive Chinese economic data helped ease concern over demand in the world’s biggest…
Rivian to face trial in Tesla trade secrets theft case, judge says
Electric car maker Rivian Automotive will go on trial over allegations that it encouraged its employees who defected from Elon…
Alphabet earnings top estimates as cloud business gains steam, AI losses grow
Google parent Alphabet (GOOG, GOOGL) reported its fiscal second quarter earnings after the bell on Tuesday, beating analysts’ estimates on…
Vodafone sells further 10% stake in Vantage Towers for 1.3 billion euros
Britain’s Vodafone said it sold a further 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion), bringing its…
Oil Rises as Biden Quits US Race, Blazes Threaten Canadian Wells
Oil edged higher — after slumping almost 3% on Friday — as investors weighed the fallout from President Joe Biden’s…