British energy giant BP has reported its highest quarterly profits in 18 years, driven by rising oil and gas prices amidst conflict in the Middle East. The company's underlying replacement cost profit soared to $8.46 billion in the latest quarter, significantly surpassing the $2.2 billion reported in the same period last year and exceeding analysts' expectations of $7.3 billion.
The surge in profits was largely...
Tesla has surpassed Wall Street expectations with its third-quarter earnings report for 2026, as the company revealed revenue of $28.05 billion and earnings of $0.48 per share. Analysts had anticipated slightly lower figures, forecasting revenue at $27.9 billion and earnings at $0.43 per share. Despite the positive results, revenue showed a minor decrease from the $28.23 billion reported in the previous quarter, while automotive...
Elon Musk has revealed a prototype of the Tesla Roadster 2 equipped with rocket-thruster technology from SpaceX, showcasing a potential leap in automotive innovation....
The International Monetary Fund (IMF) has adjusted its forecast for global economic growth in 2026 to 3.1%, a slight increase from the previous projection...
Shell anticipates record-high profits from its refining operations in the third quarter, driven by global fuel shortages that have caused refined-product prices to surge....
Oman and the United States are exploring avenues to enhance their economic and investment relations, with a particular focus on expanding trade, boosting Omani...
In a significant development, China and the United States have reached a consensus on key economic and trade issues, following their recent consultations in...
Mexico is confronting potential fuel supply challenges as U.S. President Donald Trump supports a proposal to limit or ban diesel exports from the United...
As diesel prices in the United States hit record highs, President Donald Trump has expressed support for potentially restricting or banning diesel exports to...
Qatar is intensifying its efforts to bolster economic ties with the United States, focusing on collaboration in key sectors such as trade, investment, energy,...
