Brazilian state-run oil company Petrobras has signed a production-sharing agreement to explore eight offshore blocks along the equatorial margin of Côte d'Ivoire, operating with a 90% stake alongside local state firm Petroci Holding as part of a broader strategy to replenish global oil and gas reserves.
Nvidia authorized an additional $150 billion under its existing share repurchase program on Monday—marking the largest buyback authorization increase on record—lifting the chipmaker's total remaining buyback capacity to $235 billion through fiscal 2028 as soaring artificial intelligence chip demand continues to fuel strong cash generation.
European Union Energy Commissioner Dan Jørgensen has called on member states to implement measures curbing gas and electricity consumption ahead of winter.
The Chinese government has signaled it may permit domestic tech giants ByteDance and Alibaba to purchase Nvidia's RTX PRO 5500 chips designed for high-end professional computers.
SpaceX is set to launch Starship on Monday in its first orbital attempt, aiming to circle Earth and deploy 26 next-gen Starlink satellites.
Brazilian President Luiz Inácio Lula da Silva signed into law a national policy dedicating up to 7 billion reais ($1.27 billion) to stimulate research, extraction, and domestic processing of critical and strategic minerals, backed by a 2 billion reais federal guarantee fund to bolster mineral sovereignty and supply chains for green technology and defense industries.
Japan's services producer price index rose 3.7% year-on-year in August its fastest pace since June 2024 driven by rising freight, advertising, and rental lease costs, reinforcing expectations for further Bank of Japan interest rate hikes following its recent move to 1.25%.
The United States and China have finalized product lists for a reciprocal tariff-reduction framework covering approximately $30 billion in imports from each nation, lowering duties on roughly 90% of covered goods, including over 1,600 Chinese consumer products and 77 categories of U.S. agricultural, energy, and medical exports, to most-favored-nation rates while establishing bilateral trade councils and an artificial intelligence dialogue.
Tullow Oil posted H1 free cash flow of $4M, up from -$188M, lifted by strong Ghana output and crude prices of $95/bbl.
Meta Platforms shares have surged 36% in September, putting the company on pace for its best monthly performance in over 13 years and nearing a $2 trillion market capitalization.
Akamai Technologies signed an $11.6 billion, seven-year cloud services agreement with Anthropic on Thursday and granted warrants allowing the AI firm to acquire up to a 5% equity stake.
Around $18B in loans for an Oracle-leased New Mexico data center fell to 89–91 cents on the dollar amid local pushback and delays.
McDonald's announced on Wednesday that it will invest $8.5 billion by 2036 in a multiyear revitalization plan called "Next," committing roughly $5 billion over the next three and a half years to capital support and franchise rent relief. The sweeping initiative focuses on overhauling dining rooms every decade, installing artificial intelligence tools in kitchens to boost operational efficiency, and launching
Starbucks announced plans on Thursday to close 250 underperforming coffeehouses across the United States and Canada this week, representing roughly 1% of its North American footprint. Chief Executive Brian Niccol accelerates his operational turnaround to weed out unprofitable locations while remodeling remaining stores.
Santander and Volvo Financial Services are taking BMW to the UK High Court over claims that collapsed London car dealerships unlawfully resold the same luxury vehicles to BMW, alleging BMW wrongfully retained the cars,
DHL Express and Singapore Airlines have renewed their crew and maintenance partnership for five Boeing 777 freighters based at Singapore Changi Airport, keeping SIA pilots and engineers in charge of operating and maintaining the aircraft to bolster express cargo connectivity between Asia-Pacific and the United States.
Deutsche Bank plans to deploy artificial intelligence to counter an impending demographic crunch, with CEO Christian Sewing viewing automation as essential to absorb the workload as tens of thousands of employees, amounting to roughly 35% of staff, reach retirement age in the coming years.
Bayer AG raised €2 billion through a two-tranche hybrid bond issue with coupons of 5.75% and 6.25%, capitalizing on strong investor demand to expand its outstanding hybrid debt to €6.55 billion as easing glyphosate legal uncertainties and stabilizing crop science operations strengthen its balance sheet flexibility.
Ryanair Chief Executive Michael O'Leary warned on Wednesday that the budget carrier will slash UK flight capacity if the government proceeds with plans allowing local mayors to introduce hotel tourist levies alongside existing Air Passenger Duty, accusing ministers of imposing a damaging "double tax" on visitors.
The OECD cut its 2027 UK growth forecast to 1.0% as high rates and Middle East conflict drag, while lifting its 2026 outlook to 1.1%.
SoftBank Group is issuing $11.1 billion in dollar- and euro-denominated debt in the world's largest high-yield corporate bond offering on record, paying yields of up to 9.75% to fund its massive $64.6 billion commitment to OpenAI.
South Korean President Lee Jae Myung has ruled out deploying combat troops or military assets to the Strait of Hormuz that could draw the nation into the U.S.-Iran conflict, seeking to balance domestic opposition and Iranian warnings against mounting alliance pressure from Washington to support Middle East maritime security operations.
China's state assets regulator has surveyed the deployment of Broadcom switches across state-backed data center.
Novo Nordisk is open to evaluating a direct New York Stock Exchange listing to replace its American depositary receipts.