Business

Exclusive-BP in active talks with Stonepeak over Castrol sale, sources say

Exclusive-BP in active talks with Stonepeak over Castrol sale, sources say

By Amy-Jo Crowley, David French and Andres Gonzalez LONDON/NEW YORK (Reuters) -BP is in active talks with investment firm Stonepeak…

November 12, 2025

GlobalFoundries expects upbeat quarter on demand for auto, data center chips

(Reuters) -Contract chipmaker GlobalFoundries forecast fourth-quarter profit and revenue above Wall Street estimates on Wednesday, driven by strong demand from…

November 12, 2025

Former top enforcers at US watchdog join project to bring pro-consumer lawsuits

WASHINGTON (Reuters) -Three former senior enforcement lawyers at the U.S. Consumer Financial Protection Bureau are launching a "strategic enforcement project"…

November 12, 2025

Yen slips to nine-month low; dollar edges up as shutdown set to end

By Samuel Indyk and Rae Wee LONDON (Reuters) -The yen dropped to a nine-month low against the dollar on Wednesday,…

November 12, 2025

US shutdown relief sends stocks higher, markets go on yen watch

By Dhara Ranasinghe and Gregor Stuart Hunter LONDON (Reuters) -World stocks rallied on Wednesday as the U.S. Congress looked set…

November 12, 2025

Vodacom inks Africa internet deal with Musk's Starlink

(Reuters) -South Africa's largest mobile operator Vodacom Group has signed an agreement with Elon Musk's Starlink to deliver high-speed, low-latency…

November 12, 2025

China's Singles' Day shopping festival winds down with 'muted' sentiment, sales expectations

By Casey Hall and Sophie Yu SHANGHAI (Reuters) -China's Singles' Day sales festival is coming to a close after more…

November 12, 2025

SoftBank shares slide as Nvidia stake sale highlights AI funding needs

By Anton Bridge TOKYO (Reuters) -SoftBank's shares slid as much as 10% on Wednesday after the $5.8 billion sale of…

November 12, 2025

Oil prices dip after surge as markets eye US government reopening

By Colleen Howe BEIJING (Reuters) -Oil prices softened on Wednesday but held onto most of their gains from the previous…

November 12, 2025

Taiwanese electronics firm Foxconn's Q3 profit rises 17%, beats forecasts

TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, reported on Wednesday a 17% rise in third-quarter profit that…

November 12, 2025