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Pulse · Category
EU energy ministers will discuss soaring fuel prices as winter approaches. Europe faces an energy crisis with low gas reserves, potentially shifting costs to consumers and forcing companies to suspend operations.
Phillips 66 posted a record quarterly profit driven by strong refining performance and historically wide refining margins.
Namibia has raised its key interest rate to 7.00% to mitigate the impact of high fuel prices on inflation. Authorities view energy costs as an inflation risk.
Equinor warns Europe is vulnerable to a winter gas price spike if cold weather occurs.
The correlation of daily returns for the Magnificent Seven has broken down, prompting a need to identify individual stock performance.
UK economic growth is projected to be 1% in 2027. The Office for Budget Responsibility expects economic output to expand by 1.6% in 2028, 1.8% in 2029, 1.7% in 2030 and 1.6% in 2031.
South Korea's media commission has fined Google and Apple over their app payment systems.
Visa earnings beat estimates as payments volume increased 9% to $4.08 trillion. The company forecasts value-added services revenue to grow in the low-to-mid-20% range in fiscal 2027.
Adani Enterprises' growth prospects for its airport and copper businesses, and its joint venture for AI and data centre equipment manufacturing, are in focus as the company prepares to announce its results. The company's flagship experienced a $10-billion wipe-out.
Traders are expressing significant concern regarding fast-casual titan Chipotle ahead of its earnings report.
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