Eurasia

BP PLC (NYSE:BP) shares are trading higher after the company reported second-quarter FY24 results. Sales and other operating revenues came in at $47.299 billion, missing the consensus of $52.925 billion. Hydrocarbon production was 899 mboe/d (-0.5% Y/Y), with underlying...

Lexus, the premium brand of Toyota Motor Corporation (NYSE:TM), is reportedly planning to establish its own factory in China. Initially, it aims to manufacture the Lexus UX hybrid and a new battery electric vehicle (BEV) model. The models will be sold not only in China but also in overseas markets...

Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK) has reduced its stake in BYD Company (OTC:BYDDY), China’s largest electric vehicle maker, to below 5%, marking a continued shift in focus towards U.S. investments for the Omaha, Nebraska-based conglomerate. Berkshire recently decreased...

The Goldman Sachs Group, Inc. (NYSE:GS) shares are trading marginally lower today. The company’s alternative investments platform reportedly acquired seven logistics properties in Australia to expand its real estate portfolio for an undisclosed amount. Goldman Sachs Alternatives...

Vodafone Group Plc (NASDAQ:VOD) shares are trading higher in premarket today. The telecommunications company has sold an additional 10% stake in Oak Holdings GmbH, the partnership co-controlling Vantage Towers, for 1.3 billion euros ($1.4 billion). This sale finalizes the 50:50 joint ownership...

Tellurian Inc. (NYSE:TELL) shares are trading higher after the company inked an acquisition deal with Australia’s Woodside Energy Group Ltd (NYSE:WDS) for an implied enterprise value of $1.2 billion, including net debt. The deal consideration includes a $900 million all-cash payment or $1.00...

Ryanair Holdings plc (NASDAQ:RYAAY) shares are trading lower after the company reported first-quarter FY25 results. Revenue fell 1% Y/Y to €3.63 billion. Scheduled revenues declined 6% Y/Y to €2.33 billion, with a 15% Y/Y decrease in average fares to €41.93....

Chinese auto conglomerate Geely’s luxury EV brand Zeekr Intelligent Technology Holding Ltd (NYSE:ZK) is reportedly exploring manufacturing cars in European factories associated with its parent company to circumvent European Union tariffs and expand its global presence. Currently, all Zeekr...

Wipro Ltd (NYSE:WIT) shares are trading lower after the company reported first-quarter results. The company reported gross revenue of INR219.6 billion ($2.64 billion), down by 3.8% year-on-year, missing the analyst consensus estimate of $2.66 billion.  EPS of 7 cents was in line...

After an extensive scientific review, the Food and Drug Administration (FDA) issued marketing granted orders to R.J. Reynolds Vapor Company, a subsidiary of British American Tobacco P.L.C. (NYSE:BTI), for the Vuse Alto Power Unit and six Vuse Alto tobacco-flavored pods, which are sealed, pre-filled...

Infosys Ltd (NYSE: INFY) reported first-quarter revenue growth of 2.5% in constant currency terms year-on-year to $4.71 billion, beating the analyst consensus estimate of $4.65 billion. The stock price gained after the print. Revenues in constant currency terms increased by 3.6% ...

Honda Motor Co (NYSE:HMC) has announced the selling price for the secondary offering of its common stock, which was approved at the Executive Council meeting held on July 4, 2024. The shares for secondary sale are priced at 1,664.5 yen each, representing a 3% discount to Wednesday’s closing...

Wednesday, Roche Holdings AG (OTC:RHHBY) announced topline results from two arms of an ongoing multi-part Phase 1 clinical trial for CT-996 for type 2 diabetes and obesity. CT-996 is an investigational, once-daily oral small molecule GLP-1 receptor agonist being developed for type 2 diabetes and...

BP p.l.c. (NYSE:BP) shares are trading lower today. The company disclosed that it is forming a strategic partnership with Audi in Formula 1. The deal aligns the companies’ technical expertise and innovation drive to influence the future of motorsport as Audi prepares to enter F1 in 2026...

Rio Tinto Group (NYSE:RIO) and Ngarluma Aboriginal Corporation (NAC) have agreed to jointly develop an 80MW solar farm on Ngarluma Country near Karratha. The solar farm is the first project the Ngarluma people and Rio Tinto will pursue following a memorandum of understanding to explore...