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European stocks open higher on China-U.S. optimism
World

European stocks open higher on China-U.S. optimism

European stocks opened higher on Friday, as investors assessed a signal that China is seeking trade negotiations will the U.S. The Stoxx 600 index jumped 0.88% in early deals, led by mining stocks, up 2.5%, while banks climbed 1.7%. Most markets were closed on Thursday for the May 1 holiday. London’s FTSE 100 ended a choppy […]

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Oil major Shell launches .5 billion share buyback after first-quarter profit beat
World

Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat

The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil giant Shell on Friday reported a sharp fall in first-quarter profit, following a period of weaker crude prices. Shell reported adjusted earnings of $5.58 billion for the first three months […]

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Europe stocks open higher amid earnings deluge; autos gain on tariff hopes
World

Europe stocks open higher amid earnings deluge; autos gain on tariff hopes

European stock markets opened higher on Wednesday, as investors pored through another slew of earnings along with euro zone economic growth data. The Stoxx 600 index was up 0.44% at 8:08 a.m. in London after notching a sixth straight positive session on Tuesday, extending its longest winning streak since January. The U.K.’s FTSE 100 meanwhile closed higher […]

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Like defense, Goldman says ESG investors should bring oil and gas stocks in from the cold
World

Like defense, Goldman says ESG investors should bring oil and gas stocks in from the cold

An oil pumpjack is seen in a field on April 08, 2025 in Nolan, Texas. Brandon Bell | Getty Images News | Getty Images Just as many mission-driven fund managers have reconsidered their defense policy in the wake of Russia’s full-scale invasion of Ukraine, an analyst at Goldman Sachs says it is now time for […]

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Sports teams adopt tactile tech for blind and low-vision fans
Business

Sports teams adopt tactile tech for blind and low-vision fans

Jordan Moon (left) and Macaulay Beasley (right) use OneCourt tablets at the Phoenix Suns vs. Minnesota Timberwolves game in Phoenix on March 2. Courtesy: Phoenix Suns During a break at the March 2 game between the NBA’s Phoenix Suns and Minnesota Timberwolves, a player made a half-court shot that had the crowd buzzing at PHX […]

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Activist investor Elliott takes short position in Shell after building a stake in rival BP
World

Activist investor Elliott takes short position in Shell after building a stake in rival BP

A Shell gas station on May 03, 2024 in Austin, Texas.  Brandon Bell | Getty Images U.S. activist investor Elliott Investment Management has taken a short position against British oil major Shell as part of a global hedging program. The move, which was first reported by British newspaper The Times on Thursday, comes shortly after […]

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Stocks making the biggest moves midday: GameStop, Dollar Tree, Cintas and more
Finance

Stocks making the biggest moves midday: GameStop, Dollar Tree, Cintas and more

Check out the companies making headlines in midday trading. GameStop – The meme stock soared about 15%. On Tuesday, GameStop’s board announced it had unanimously approved a plan to buy bitcoin with a portion of its corporate cash, following a similar move by MicroStrategy. Dollar Tree – The discount retail chain popped more than 4% […]

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Stocks making the biggest moves premarket: GameStop, Chewy, Dollar Tree, Wingstop and more
Finance

Stocks making the biggest moves premarket: GameStop, Chewy, Dollar Tree, Wingstop and more

Check out the companies making headlines in premarket trading. GameStop — The meme stock surged 16% a day after the company’s board announced it had approved a plan to buy bitcoin and stablecoins with a portion of its corporate cash, in a move similar to that of MicroStrategy. Dollar Tree — The discount retailer gained […]

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Mining giant Fortescue says Big Oil is getting it wrong on renewables: ‘Your customers want green energy’
World

Mining giant Fortescue says Big Oil is getting it wrong on renewables: ‘Your customers want green energy’

Fortescue Metals Group non-executive Chairman, Andrew Forrest, speaks during a Sustainability Week conference in London on March 11, 2025. Adrian Dennis | Afp | Getty Images Australian mining tycoon Andrew Forrest, founder and executive chairman of Fortescue, says Big Oil is getting it wrong on renewables — at a time when European energy majors are […]

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Trump administration sends a clear message to the oil and gas industry: ‘You’re the customer’
World

Trump administration sends a clear message to the oil and gas industry: ‘You’re the customer’

HOUSTON — The officials leading President Donald Trump’s energy agenda made clear to oil, gas and mining executives this week that they have an ally in Washington who intends to make it as easy as possible for them to drill in federal lands and waters. Interior Secretary Doug Burgum told executives gathered for the world’s […]

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