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United States
1072 posts
Rubio urges Reliance to refine more Venezuelan oil as US-India trade talks advance
U.S. Secretary of State Marco Rubio wants Reliance Industries to expand purchases of Venezuelan crude and potentially participate in oil production as Washington pursues closer energy ties with India.
Putin and Trump envoy revive Ukraine peace process as territorial demands threaten progress
Putin agrees to restart Ukraine peace talks after meeting Trump's envoy. Explore the major obstacles that could determine whether diplomacy succeeds.
Dolce & Gabbana Beauty tops €1bn wholesale sales as 70-store expansion tests in-house strategy
Dolce & Gabbana Beauty expects another year of double-digit growth after wholesale sales exceeded €1 billion, validating part of a costly shift from licensing to direct control.
China GDP grows 4.5% in Q3 as weak retail sales expose recovery problem
China's economy expanded 4.5% in the September quarter, ahead of the 4.4% consensus forecast, but weak retail spending underlines the limits of its export-supported recovery.
DOJ arrests more than 24 people in California voter fraud operation
Federal authorities arrested more than two dozen noncitizens over alleged voter registration and voting offences, intensifying a dispute with California ahead of November's congressional elections.
General Motors unveils $20bn buyback as Q3 profit rises 151%
General Motors Company reported quarterly revenue of $50 billion and shareholder profit of $3.34 billion, while authorising a new $20 billion share repurchase programme. Strong North American earnings and improving cash generation support the decision, but inflation and international weakness remain concerns.
3M expands Amazon AI deal as $6bn sales milestone unlocks share warrants
3M Company has expanded its commercial relationship with Amazon around optical connectivity and data centre materials, introducing warrants tied to as much as $6 billion in cumulative product sales over seven years. The agreement coincides with improving industrial margins and an upgraded 2026 earnings outlook.
Dorchester Minerals is adding 4,300 royalty acres. Will the deal boost distributions?
Dorchester Minerals is expanding its Williston Basin portfolio through a unit-funded acquisition, adding mineral and royalty interests without a conventional cash purchase while creating new questions about future cash distributions and per-unit returns.
OpenAI accelerates $30bn financing as Anthropic prepares for November IPO
OpenAI seeks $30 billion at a $1.4 trillion valuation before Anthropic's IPO. Can soaring AI revenue justify the price amid mounting infrastructure costs?
Cleveland-Cliffs targets more than $4bn in 2027 EBITDA after Q3 steel earnings rebound
Cleveland-Cliffs has moved from quarterly losses to $612 million in adjusted EBITDA, and management now expects more than $4 billion in 2027. Stronger steel prices and new contracts are driving the outlook, but its credibility will depend on whether the earnings recovery produces substantial debt reduction.