Russell Hardy, chief executive officer of Vitol Services Ltd. Bloomberg | Bloomberg | Getty Images SINGAPORE — Vitol is eyeing the metals market with global petroleum demand expected to peak in a decade, signaled Russell Hardy, CEO of Vitol, the world’s largest independent energy trader. “The petroleum, the oil business, we still think it will
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The baby formula market is a “broken system” that needs urgent government intervention, according to a leading charity.   Feed UK welcomed the Competition and Markets Authority report that calls for change in the formula milk industry aimed at easing financial pressures on parents struggling to afford it. Clare Murphy, co-director of charity Feed, said: “The
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In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year Thursday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus
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The Israeli military has said it is preparing to deploy an immediate rescue mission with the coordination of the Dutch government. “The mission will be deployed using cargo aircraft and include medical and rescue teams,” the Israeli Defence Forces said. Israeli Prime Minister Benjamin Netanyahu has been informed of the details of “a very violent incident”
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In Altrincham near Manchester asylum seekers are just settling in at the Cresta Court Hotel, many of them just days after making a treacherous journey across the English Channel. But, as the new arrivals find sanctuary in a northern town, their presence is causing controversy. The government said it would end the use of hotels
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David Lammy has downplayed calling Donald Trump a “neo-nazi” and insisted he can find common ground with the new president-elect. The foreign secretary said the remarks he made in 2018 were “old news” and at the time most politicians “had some pretty ripe things to say” about the then leader of the US. Mr Lammy
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Lucid Motors (LCID) announced it has enough funding for “well into 2026” after releasing third-quarter earnings. After its third straight quarter of record deliveries, Lucid will begin building its first electric SUV, the Gravity, later this year. Lucid has funding for Gravity SUV launch and more “Our momentum continues with our third consecutive quarter of
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Affirm, the provider of buy now, pay later loans reported better-than-expected fiscal first-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG. Loss per share: 31 cents adjusted vs. a loss of 35 cents expected Revenue: $698 million vs. $664 million expected Affirm reported gross merchandise volume (GMV) of $7.6 billion, topping the
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Dado Ruvic | Reuters Block shares tumbled 11% in extended trading on Thursday after the company reported third-quarter revenue that trailed Wall Street expectations. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 88 cents adjusted vs. 87 cents expected Revenue: $5.98 billion vs. $6.24 billion expected Block,
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Republican presidential nominee, former U.S. President Donald Trump, listens to a question as he visits Chez What Furniture Store which was damaged during Hurricane Helene on September 30, 2024 in Valdosta, Georgia. Michael M. Santiago | Getty Images News | Getty Images Donald Trump’s election victory on Wednesday sparked a palpable sense of dismay among
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