BP shares rise after Elliott reveals 5% stake: here’s what it plans to do
BP shares climbed by more than 5% on Wednesday after hedge fund Elliott Management revealed a 5.006% stake in the…
Oil prices rebound: what’s driving the rally and what comes next for investors
Oil prices have bounced back, climbing over 3% in just a few days. Crude oil has climbed to $80 early…
Silver rises with gold, but industrial demand outlook tempers gains
The silver price has yet to recover from its drop at the start of April, whereas the gold price is…
BA stock rises as Boeing reports smaller Q1 loss as jet deliveries recover and turnaround plan gains traction
Boeing’s shares rose on Wednesday after the company posted a narrower-than-expected quarterly loss and a steady increase in jet deliveries,…
Saudi Arabia plans to slash crude burn with natural gas for power generation
Saudi Arabia has consistently utilised crude burn, the direct combustion of crude oil in power plants and industrial facilities, to…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Indian steel stocks rally after 12% safeguard duty on imports; analysts expect Q1FY26 margin lift
Shares of metal companies rose up to 2% on Monday, tracking gains in broader markets, after the Indian government imposed…
Explainer: can Trump legally fire Fed chair Powell? Unpacking the uncertainty
President Donald Trump’s sustained public criticism of Federal Reserve Chair Jerome Powell, stemming from the central bank’s current stance against…
Gold prices remain strong while silver underperforms
Gold prices retreated from a fresh record high hit on Tuesday, but remained 1.5% higher than the previous trading day. …
Can reselling jets made for China to Asian airlines manage headwinds for Boeing? Here’s what experts say
As Beijing halts deliveries of Boeing’s US-made aircraft in response to new tariffs, Asian airlines are sensing an opportunity to…