TotalEnergies said it expected its second-quarter oil-and-gas output at the high end of it guidance range, but warned that weak refining margins would hamper downstream results.
Sweden’s SEB posted a better-than-expected second-quarter net profit as improved business momentum helped offset a drop in net interest income.
Cartier owner Richemont reported growth around the world, except in the Asia-Pacific region, reflecting weak consumer confidence there.
Ocado lifted its fiscal 2024 earnings and cash flow guidance after first-half losses narrowed on improved sales and lower costs.
Cartier owner Richemont met analysts’ sales estimates for its fiscal first quarter as demand slowed for luxury goods, particularly in China.
The Treasury yield curve is steepening, primarily led by the long end, as chances for a Donald Trump presidency spike, putting fiscal concerns high on the market’s agenda Commerzbank Research said.
Swedbank reported a smaller-than-expected drop in second-quarter net profit as higher commission income, cost efficiencies and solid credit quality helped offset falling net interest income.
Beijing’s support has seen China make up ground in the artificial-intelligence race but it has also handcuffed AI companies with some of the world’s tightest restrictions, many of them political.
Indian shares were higher early in the session, led by gains in auto and steel stocks as hopes for domestic earnings growth continued.
Hugo Boss cut its sales outlook for this year, the latest high-end fashion player to warn about consumer spending on luxury goods.
Goldman Sachs posted a 21% increase in investment-banking revenue in the second quarter from a year ago, joining other big banks with double-digit gains as dealmaking on Wall Street accelerated.
Powell declined to change expectations that the central bank would hold interest rates steady at its meeting in two weeks, as officials look ahead toward potential rate cuts after that.
Data from Disney’s internal Slack workplace collaboration system were leaked online, according to files viewed by The Wall Street Journal.
Starboard has built a big stake in online-dating company Match and is pushing for a possible sale if a turnaround isn’t successful, say people familiar with the matter.
Macy’s terminated discussions with two investors that had offered to buy the company for about $6.9 billion, ending a monthslong bid.
Major U.S. stock indexes rose, with the S&P 500 and Nasdaq gaining 0.3% and 0.4%, respectively, and the Dow advancing 0.5% to a record.
Cleveland-Cliffs reached a deal to buy Canadian steel producer Stelco Holdings for about $2.5 billion as it pivots from a yearlong pursuit of rival U.S. Steel.
A judge dismissed the prosecution alleging Trump illegally retained classified documents and impeded efforts to get them back, ruling that special counsel Jack Smith wasn’t lawfully appointed to bring the case.
The Republican National Convention in Wisconsin assembled delegates in a battleground state that suddenly looks more favorable for Trump than it did just weeks ago.
The Supreme Court’s new limits on federal agencies’ regulatory powers are rippling through the tax system, and are poised to tilt some disputes against the government and toward large companies.
The FBI analyzed Thomas Matthew Crooks’s cellphone and found nothing that explains why he climbed to a roof and fired a shot at former President Trump.
Tenant evictions look stuck at elevated levels in several corners of the U.S., showing little sign of returning to what was typical before the pandemic.
Trump named Sen. J.D. Vance of Ohio as his running mate, ending months of buildup and settling on a much younger partner who could help the newly minted Republican presidential nominee appeal to working-class voters in Midwest battleground states.
You get $1,000 for an emergency of your choice. It could be a doctor’s bill or groceries.
Rio Tinto said it has the approvals needed for a huge iron-ore mine it is building in Africa, and reported a rise in second-quarter shipments of the steel ingredient.
