Norsk Hydro Warns of Higher Smelting Costs as Aluminium Profit Misses Forecasts

French aerospace supplier Safran reported €9.003 billion in adjusted third-quarter revenue, an increase of 14.7% from a year earlier, as...

Russia Holds Rates at 14% as Fuel Shock Forces Inflation Forecast Higher

Russia’s central bank kept its benchmark interest rate unchanged at 14% Friday as persistent inflation prevented policymakers from easing borrowing...

QatarEnergy Turns to U.S. LNG as Hormuz Disruption Reshapes Global Gas Trade

QatarEnergy is negotiating a long-term agreement to purchase as much as 3 million metric tons of liquefied natural gas annually...

American Express Raises Profit Outlook but Cuts 5% of Workforce as Costs Climb

American Express reported stronger third-quarter earnings Friday and raised the lower end of its full-year profit forecast, even as the...

PwC Confirms Third-Party Cyber Incident as Hackers Claim 590 GB Data Theft

PwC has confirmed a cybersecurity incident involving a third-party vendor that hosts employee learning records, while a cyber-extortion group claims...

Japan Weighs Cutting Gasoline Subsidies as $20 Billion Energy Fund Runs Down

Japan is considering reducing emergency gasoline subsidies as early as December as elevated oil prices increase the fiscal cost of...

$8 Billion U.S. Farm Diesel Aid Pushes Government Payments Toward Record $55.4 Billion

The U.S. government's $8 billion fuel-relief program for farmers is expected to begin distributing payments after the November 3 election,...

HKEX Launches AI and Semiconductor Indexes as China ETF Expansion Accelerates

Hong Kong Exchanges and Clearing has launched two new technology benchmarks covering artificial intelligence and semiconductors while moving to extend...

Brent Jumps Above $117 as Saudi-Houthi Fighting and UAE Oil Spill Deepen Supply Risk