Eni profit doubles to €2.8bn as buyback reaches €3.8bn. Is the cash boom sustainable?
Eni has dramatically increased shareholder distributions after stronger production, refining and transition-business earnings lifted cash generation, but investors must separate structural portfolio improvement from an unusually supportive oil and refining environment.
Minnesota says Trump administration halted evidence sharing in Renee Good and Alex Pretti killings
Minnesota prosecutors say federal authorities abruptly stopped providing evidence needed to investigate two fatal shootings by immigration officers, while the Justice Department argues it can withhold the requested material.
American Express profit rises 28% yet 3,500 jobs are going. What is AXP trying to fix?
American Express raised its 2026 earnings outlook after record third-quarter revenue and resilient affluent spending, yet a plan to eliminate about 3,500 jobs shows management is unwilling to let rising expenses consume the benefits of growth.
Malaysia Aviation Group’s Airbus MRO deal targets a bigger ASEAN services business
Malaysia Aviation Group is buying Sepang Aircraft Engineering from Airbus to expand maintenance capacity and third-party revenue, turning a deal with no disclosed price into a broader bet on ASEAN’s growing aircraft-services market.
TotalEnergies’ $10bn Argentina plan turns Vaca Muerta into an export execution test
TotalEnergies has outlined close to $10 billion of potential investment across Vaca Muerta and Tierra del Fuego, including a roughly $5 billion San Roque oil development and further gas expansion, betting that Argentina can turn rapidly rising hydrocarbon production into durable export infrastructure.
Asia-Pacific telco AI alliances split into four models, but only some move carriers up the value chain
Public agreements across seven Asia-Pacific markets show telco and hyperscaler partnerships clustering into four models: physical network integration, sovereign cloud, AI compute platforms and edge automation. The structure matters because some carriers are capturing little more than infrastructure economics, while others are trying to move into higher-value AI services.
Is the power bottleneck shifting from generation to transformers and switchgear?
Hitachi Energy, Siemens Energy, Hammond Power Solutions, GE Vernova and Schneider Electric are expanding or redesigning critical grid equipment as transformer and switchgear availability emerges as a constraint on data centers, electrification and power projects.
WMO warns El Niño could reach unprecedented strength as global weather risks increase
The World Meteorological Organization says the current El Niño could reach exceptional strength, with tropical Pacific sea surface temperatures potentially rising 3.8°C above average during the coming winter.
Netflix profit jumps 37%, yet weaker ads reopen the question of where growth comes from next
Netflix delivered $12.87 billion of third-quarter revenue, $4.46 billion of operating income and nearly $2.9 billion of free cash flow, but slower advertising growth and a weaker fourth-quarter outlook intensified questions over the streaming leader’s next growth engine.
Deckers (DECK) near $81: Is 11x earnings cheap when HOKA growth is slowing?
Deckers Outdoor shares have fallen following weaker sales guidance for HOKA and UGG, despite the company reporting record quarterly revenue and higher earnings. With the stock near $81 and trading at approximately 11 times earnings excluding tariff refunds, the valuation question is whether its premium footwear brands can restore growth without sacrificing profitability.