Oil futures finished Monday with a modest gain after Saudi Arabia and Russia, as expected, confirmed they would extend production cuts through the end of December. Investors continued to monitor the Israel-Hamas war for potential spillovers that could affect crude supplies. Price action West Texas Intermediate crude for December delivery…

Beverages behemoth Diageo was the FTSE 100’s biggest faller on Friday as it reduced its revenues and profits forecasts for the first half of its financial year. At £28.20, the Diageo share price was trading 13% lower in end-of-week business. In an unscheduled trading update, the Captain Morgan and Johnnie…

Oil futures declined sharply Tuesday, with U.S. prices settling below $80 a barrel, at their lowest since July, after China data highlighted demand concerns.Price action West Texas Intermediate crude CL00, +0.67% for December delivery CL.1, +0.67% CLZ23, +0.67% fell $3.45, or 4.3%, to settle at $77.37 a barrel on the…

Oil’s price drop Tuesday to the lowest finish in three-and-a-half months may come as a surprise to traders focused on the risk of crude supply disruptions in the Middle East, but not so much to those who have assessed the latest global economic data.Some economic data have pointed to the…

By Joshua Kirby Retail sales in the eurozone fell more slowly in September, suggesting easing price rises are boosting spending power in the 20-member union. Trade was 0.3% lower on month, data from European Union statistics body Eurostat showed Wednesday. This was slightly worse than the 0.2% drop forecast by…

What’s not to love about September? School resumes en masse, blistering temps begin to mellow, and as our tans fade and we head toward the final quarter of the year, many of us knuckle down in preparation for the coming weeks and holidays. On October 17, the U.S. Census Bureau…

By Mauro Orru Bayer Chief Executive Bill Anderson said he is looking at options to overhaul the company’s structure and remove multiple layers of management in a move that will result in significant job cuts, but ruled out splitting the group into three businesses. Anderson, who took the helm of…

The will U.S. will see a government shutdown without a full budget or continuing resolution by November 17. Most expect a continuing resolution to be passed, though only days remain to do so. At the time of writing, event-forecasting site Kalshi gives a 1 in 3 chance that a government…

By Miriam Mukuru The U.K’s Debt Management Agency sold 900 million pounds ($1.11 billion) in March 2051 dated index-linked gilts at an auction on Wednesday, it said. The following are results of the auction, with amounts in GBP. Figures in brackets are data from the previous auction, held on Sept.…

By Kosaku Narioka Nissan Motor is scheduled to report its second-quarter results on Thursday. Here is what you need to know: NET PROFIT FORECAST: Nissan Motor’s net profit is expected to have risen sharply to 90.925 billion yen ($604.7 million) for the three months ended Sept. 30, according to a…