World News Feed

Latest Oil Market News and Analysis for Oct. 30

Oil climbed on worries that the US may resume strikes against Iran, risking fresh turbulence in the Middle East.

Air Canada Reduces Profit Outlook Again on Jet Fuel Costs

Air Canada slashed its full-year guidance for the second quarter in a row as high jet fuel prices proved worse than the country’s biggest airline …

Big Take: From ‘Vibecession’ to ‘Shrugflation’

Ahead of the Federal Reserve’s decision to hold rates steady this week, Sarah Holder sat down with author and economic commentator Kyla Scanlon to talk …

Starbucks Foot Traffic Outpaces the Competition, Says Hottovy

R.J. Hottovy, head of analytical research, says foot traffic at Starbucks is outpacing the competition and he says customers are confident they can get a …

Coinbase Returns to Profitability While Posting Another Revenue Drop

Coinbase Global Inc. returned to profitability for the first time in a year while posting a quarterly decline in revenue, showing how closely the largest …

Whistleblowers Claimed Key Oil Tanker Rate Was Manipulated

The Baltic Exchange has received two whistleblowing claims of attempted manipulation of the world’s benchmark tanker rate since the beginning of the war in Iran, …

Fondos de acciones latinas: una especie rumbo a la extinción

Más de 660 fondos invertían en acciones latinoamericanas en 2015. Hoy quedan apenas 226. El prolongado declive refleja una región con poco crecimiento, innovación y …

SEC Eyes Manipulation, Insider Risk in Prediction Markets

Add another regulator to the list of watchdogs monitoring risks in the fast-growing prediction market industry: the Securities and Exchange Commission.

VF Corp CEO on 2Q, Vans Recovery and Affordable Luxury

Bracken Darrell, CEO of VF Corp says sales were down 9% in the first half of the year but are expected to decline 2% or …

Fed’s Path to a Repo-Based Framework Faces a Familiar Roadblock

As Federal Reserve officials ponder ways to shrink their holdings and keep markets flush with cash from lending operations, they face a challenge years in …

China Makes First Inquiry for US Wheat Since Trump-Xi Summit

China has inquired about buying US wheat, signaling that Beijing may be gearing up to expand its purchases of American crops beyond soybeans following the …

Blue Owl Looks to Raise Insurance Capital for AI Deals

Blue Owl is telling investors that it needs more cash, particularly from deep-pocketed insurance firms, given the trillions of dollars needed to finance the artificial …

Healey's Budget Placates Gilt Markets, Santander Says (Video)

Have Britain's Income Taxes Grown Too High?

Bloomberg UK Senior Reporter John Stepek discusses Chancellor of the Exchequer John Healey's budget and the potential impact of his tax measures on the labor …

Stronger UK-EU Ties Would Strengthen Pound, JPMorgan's Gimber Says

JPMorgan Asset Management Global Market Strategist Hugh Gimber comments on the outlook for the UK economy following yesterday's budget, saying "measures that brought the UK …

Can Chancellor Healey's Budget Aid Britain's Founders?

Bloomberg UK Senior Columnist Merryn Somerset Webb discusses Chancellor of the Exchequer John Healey's promise of a founder's allowance and government support for young entrepreneurs. …

Shell Lifts Buyback to $5 Billion as Refining Windfall Grows

Shell Plc boosted its share buyback to one of the highest levels in its history, returning more of a wartime refining windfall to investors as …

Japan 2-Year Bond Sale Sees Firm Demand Before BOJ Decision

Japan’s two-year government bond auction drew firm demand, as elevated yields attracted investors ahead of a Bank of Japan policy decision on Friday, where rates …

Prediction Markets Avoid Australia’s Tough Line on Gambling

Australia’s corporate regulator has not received a single application from a prediction market provider to operate in the country, where such platforms would likely face …

HK Dollar Peg Architect Says Narrower Band May Ease Speculation

Narrowing the Hong Kong dollar’s trading band against the US greenback may enhance stability and reassure the public if such a move were ever implemented, …

Nasdaq Futures Sink as AI Trade Shows New Cracks: Markets Wrap

A global rally in technology shares stalled after disappointing earnings from two industry heavyweights revived doubts over whether billions of dollars in artificial intelligence spending …

Oil Declines as Traders Parse Signs of Fresh Diplomacy on Iran

Oil dropped as traders assessed fresh diplomatic efforts in the Middle East to avert a potential restart of US military strikes on Iran.

Fed mantiene tasas sin dar muchas pistas sobre diciembre

La Reserva Federal mantuvo las tasas de interés sin cambios y reafirmó su compromiso de contener la inflación, pero evitó dar señales claras sobre un …

Sprouts Slashes Outlook After Cyclospora Outbreak Hit Sales

Sprouts Farmers Market Inc. shares tumbled after cutting its outlook, as the grocer’s sales suffered from the cyclospora lettuce outbreak and a gloomy consumer.