Shell’s upstream boss has taken advantage of a rise in the oil major’s valuation. The company’s acquisition of ARC Resources is expected to improve free cash flow from next year.
F
Financial TimesOriginal★★☆☆☆2026-09-11 17:00
The White House is considering how to invoke the Defense Production Act to increase U.S. oil-refining capacity, two people familiar with the administration’s plans said. The conflict with Iran has highlighted the country’s exposure to global crude-supply disruptions and price spikes.
R
ReutersOriginal★★★★☆2026-09-11 16:50
CNBC was among only a few news organizations permitted to travel to Caracas with the U.S. secretary of energy to report on the historic U.S.-Venezuela oil deal and how it is expected to operate.
C
CNBCOriginal★★★★☆2026-09-11 16:23
The Shanghai Futures Exchange said it will change trading limits for some oil futures contracts starting with the night trading session on September 14.
RReutersOriginal★★☆☆☆2026-09-11 16:10
Hungary will offer targeted assistance to households that use diesel-powered cars to offset higher fuel prices, Prime Minister Peter Magyar said on Friday. The government will not cap prices because that could lead to supply shortages.
RReutersOriginal★★★☆☆2026-09-11 16:00
A survey released Friday showed U.S. consumer sentiment weakened in early September. Higher gasoline prices and trade tensions fueled concerns that inflation will increase over the next 12 months.
RReutersOriginal★★★☆☆2026-09-11 15:50
Metaplanet is revising its executive options, reducing the potential share issuance by 41% and abandoning an employee warrant plan. The changes follow a difficult period for the company’s stock, which fell about 17% over two trading sessions this week.
TThe BlockOriginal★★☆☆☆2026-09-11 15:45
QatarEnergy is in talks with several producers for multi-year U.S. liquefied natural gas contracts lasting through 2031, according to three trading and industry sources. The deals would replace capacity damaged by Iranian attacks, which will take years to repair.
RReutersOriginal★★★★☆2026-09-11 15:35
India’s central bank partially canceled an auction of shorter-duration government securities on Friday, traders said, in an effort to prevent bond yields from rising further. Market participants viewed the move as an early signal from authorities on the direction of interest rates.
RReutersOriginal★★★☆☆2026-09-11 15:00
Colgate-Palmolive is considering selling some mass-market personal care brands, including Softsoap, Irish Spring and Speed Stick, according to people familiar with the matter.
RReutersOriginal★★☆☆☆2026-09-11 14:25
U.S. consumer prices accelerated in August as gasoline costs rebounded after two consecutive monthly declines, strengthening market expectations that the Federal Reserve will raise interest rates next week.
RReutersOriginal★★★☆☆2026-09-11 13:50
U.S. consumer prices rose at a faster pace in August as gasoline costs rebounded after two consecutive monthly declines, strengthening financial market expectations that the Federal Reserve may raise interest rates next week.
Inflation accelerated in August, increasing the likelihood that the Federal Reserve will raise interest rates.
U.S. inflation accelerated last month as gasoline prices surged after renewed fighting in the Middle East, highlighting affordability pressures that are weighing on many voters as the midterm elections approach.
The all-items consumer price index increased 0.4% in August, in line with expectations, while core inflation excluding food and energy came in higher than forecast. Dow Jones consensus had projected a 0.2% rise in the core index.
The bitcoin treasury firm reduced its potential Series 10 share pool to 188.2 million, extinguishing $220 million in value.
C
CoinDeskOriginal★★☆☆☆2026-09-11 13:46
Beijing-based artificial intelligence company Z.AI Co Ltd launched a Hong Kong share placement worth about $2 billion alongside a roughly $3 billion convertible bond sale, according to term sheets seen by Reuters on Friday.
RReutersOriginal★★★☆☆2026-09-11 13:40
Julian Sawyer is stepping down as CEO of Zodia Custody and will serve as a strategic adviser instead of leading Zodia Solutions, as previously announced.
CCoinDeskOriginal★★☆☆☆2026-09-11 13:32
US consumer prices rose 3.4% year on year through August, unchanged from July and matching expectations. But the 0.4% monthly increase was the fastest since May, suggesting the energy shock is beginning to bite four days before a Federal Reserve decision that markets expect will bring a rate hike.
EeuronewsOriginal★★★☆☆2026-09-11 13:25
US inflation remained at 3.4% in August as elevated fuel prices continued. The figure comes ahead of a high-stakes Federal Reserve meeting.
The British recruitment firm SThree said Friday it had unanimously turned down a cash-only bid from U.S.-based Circle8 Group, which had approached it without invitation. SThree said the bid placed far too low a value on the company and its future prospects.
RReutersOriginal★★☆☆☆2026-09-11 13:10
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin welcomed the Innoprom India international industrial exhibition, held in India for the first time, and highlighted its importance for expanding trade and industrial ties. They also toured the exhibition and spoke with participants, India’s Foreign Ministry said.
T
TASSOriginal★★★☆☆2026-09-11 12:03
Germany’s IG Metall is seeking a clear commitment from Volkswagen on whether it will honour a landmark wage agreement reached in 2024. A senior union representative said the demand reflects fears that a recent turnaround deal could weaken the agreement.
RReutersOriginal★★☆☆☆2026-09-11 12:00
From small locally owned shops to national retailers, Canadian grocery stores are preparing for changes in the coming weeks as tariffs on some American goods take effect and reshape what appears on their shelves.
CCBC NewsOriginal★★★☆☆2026-09-11 12:00
Fifty CEOs and investors are calling on EU policymakers not to water down the EU Inc. legislative proposal, which is intended to help businesses in Europe scale up.
EeuronewsOriginal★★☆☆☆2026-09-11 11:46
CVC Capital Partners has entered final negotiations to buy the mainland China business of contact lens maker Ginko International, which is owned by EQT, according to four people familiar with the matter.
RReutersOriginal★★☆☆☆2026-09-11 11:45
BASF, Harbour Energy’s largest shareholder, has reduced its holding in the British oil and gas producer again. The sale was the biggest block disposal of Harbour shares on record and sent the stock down more than 3%.
RReutersOriginal★★☆☆☆2026-09-11 10:50
Mexico and the United States are rushing to conclude a bilateral trade agreement before the U.S. midterm elections in under eight weeks, six sources familiar with the talks said. The breakdown of Canada’s negotiations with Washington has added urgency to the effort.
RReutersOriginal★★★★☆2026-09-11 10:15
China’s state-owned oil companies have led Beijing’s growing emphasis on energy security over the past decade. Their investments have helped cushion the impact of the Strait of Hormuz’s closure.
RReutersOriginal★★★★☆2026-09-11 10:00
China-backed MMG is urging Brussels to approve a $500 million transaction as European regulators prepare to issue a formal warning, putting the EU’s resolve over Chinese control of resources to the test.
FFinancial TimesOriginal★★★☆☆2026-09-11 09:59
Oil production by OPEC+ countries participating in the output-cut agreement fell by 980,000 barrels per day in August, the IEA said. Their target was 34.27 million bpd, but actual output was 27 million bpd, leaving production about 7.26 million bpd below plan. Total OPEC+ output fell by 1.46 million bpd to 33.11 million bpd.
TTASSOriginal★★★☆☆2026-09-11 09:32
Russia’s oil and petroleum-product exports declined by 410,000 barrels per day in August to 6.44 million bpd, the IEA reported. Export revenue rose by $330 million month-on-month to $13.87 billion as oil and petroleum-product prices increased, exceeding last August’s figure by $320 million.
TTASSOriginal★★★☆☆2026-09-11 09:05
Hong Kong’s securities watchdog advised investment banks at an industry meeting on how to cooperate during regulatory raids, according to two people familiar with the discussion. The guidance points to closer scrutiny, particularly of the booming share-sales market.
RReutersOriginal★★☆☆☆2026-09-11 08:45
Fast-fashion giant Inditex is treating the United States as a key growth market, CEO Oscar Garcia Maceiras told Reuters. The Zara owner is opening new stores and upgrading existing ones to attract more aspirational shoppers.
RReutersOriginal★★☆☆☆2026-09-11 08:05
Mukesh Ambani’s Reliance Industries is returning to India’s rupee bond market after nearly three years. Five bankers said the company aims to raise 125 billion Indian rupees ($1.31 billion) through five-year bonds.
RReutersOriginal★★☆☆☆2026-09-11 07:50
Brazil’s ambassador to the EU says Brussels’ suspension of Brazilian meat imports is undermining the main benefits of the EU-Mercosur trade deal, which Brazil paid a high price to secure.
EeuronewsOriginal★★★★☆2026-09-11 06:55
Prediction-market operator Kalshi plans to seek U.S. approval for roughly 60 perpetual contracts tied to stocks and ETFs, bringing one of crypto’s biggest trading products into equities.
CCoinDeskOriginal★★☆☆☆2026-09-11 06:17
A worldwide bond selloff sent the U.S. 10-year Treasury yield close to the closely watched 5% threshold on Friday. Investors were rattled by inflation fears after oil prices surged well above $100 a barrel and by growing expectations of a near-term U.S. rate hike.
RReutersOriginal★★★★☆2026-09-11 06:15
A look ahead at European and global markets as lenders demand tangible financial backing while a severe bond selloff spreads.
Berlin will press Commerzbank to preserve its German identity through a domestic stock-market listing and to protect jobs, two people familiar with the matter said, as Italy’s UniCredit prepares to take over the bank.
RReutersOriginal★★★☆☆2026-09-11 05:45
India’s SEBI has launched the Demat 2.0 pilot, converting corporate bonds into digital tokens and settling payments through the Reserve Bank of India’s wholesale digital rupee. Secondary trading and retail participation are expected in later phases.
CCoinDeskOriginal★★★☆☆2026-09-11 05:13
Anthropic’s Binance pre-IPO perpetual contract rose above $2,100 on Sept. 9, implying a valuation above $2.1 trillion when multiplied by Binance’s estimated one-billion-share denominator. The figure reflects a leveraged derivative and provisional share count, not a public equity-market valuation. Anthropic’s May financing valued it at $965 billion.
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CryptoSlateOriginal★★☆☆☆2026-09-11 05:10
Beijing’s recent drive to tax offshore wealth may represent only the first stage of a wider campaign that could eventually extend to overseas property and inheritances.
CCNBCOriginal★★★☆☆2026-09-11 04:47
U.S. consumer prices were likely to accelerate in August as gasoline costs rebounded after two consecutive monthly declines, reinforcing market expectations that the Federal Reserve could raise interest rates next week.
RReutersOriginal★★★☆☆2026-09-11 04:40
The US bond-market selloff intensified on Thursday as surging oil prices stoked inflation concerns. The Treasury Department also purchased fewer bonds than expected in its first expanded buyback operation, adding to the pressure on yields.
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Bloomberg NewsOriginal★★★☆☆2026-09-11 04:30
Investors warn that Treasury secretary Scott Bessent’s $6bn bond operation has not been enough to contain the recent surge in borrowing costs.
The mood was subdued at private equity’s annual industry conference in Paris, as the sector’s “Waiting for Godot” period continues.
FFinancial TimesOriginal★★☆☆☆2026-09-11 04:00
Telefónica and Liberty Global are pursuing job cuts and other reductions in an effort to reassure bond investors.
FFinancial TimesOriginal★★☆☆☆2026-09-11 04:00
Saudi Arabia reported to OPEC that its crude production plunged again last month to the lowest level since 1990. Renewed US-Iran hostilities squeezed the kingdom’s export routes.
BBloomberg NewsOriginal★★★★☆2026-09-11 04:00
During a tour of Doha’s Hamad International Airport, Qatar Airways’ CEO and management discussed the airline’s recovery from regional disruption and preparations for the winter season, new aircraft and the next generation of Qsuites.
EeuronewsOriginal★★☆☆☆2026-09-11 04:00
HIVE Digital Technologies said Bitcoin mining and GPU-cloud operations generated more than $1 million in average daily revenue from Aug. 21 to Sept. 10. GPU cloud contributed about $100,000 a day, leaving mining responsible for more than 90%. The figures are preliminary, unaudited management estimates, while HIVE’s larger AI contract pipeline is not yet recognized as revenue.
CCryptoSlateOriginal★★☆☆☆2026-09-11 03:50
The company behind the Philippines’ largest mobile wallet, GCash, has begun testing investor demand for an IPO that could raise as much as 92.3 billion pesos ($1.5 billion), potentially making it the country’s biggest-ever listing.
BBloomberg NewsOriginal★★★☆☆2026-09-11 03:30
Yuen Kee Food Group, which owns the Yuen Kee Dumpling restaurant brand, has passed its listing hearing with the Hong Kong Exchanges and Clearing, according to people familiar with the matter. The company aims to raise HK$300 million to HK$400 million and plans to begin the offering in October, they said.
S
South China Morning PostOriginal★★☆☆☆2026-09-11 03:12
Foreign automakers are cutting prices on petrol-powered cars made in China by more than 20% as weak consumer demand intensifies competition. CPCA data showed Volkswagen, Toyota and other major international brands offered average discounts of 23.4% last month, compared with 23.7% in July.
SSouth China Morning PostOriginal★★☆☆☆2026-09-11 01:45
Adobe exceeded Wall Street’s third-quarter revenue expectations, driven by rising demand for products and tools incorporating AI. However, the midpoint of its fourth-quarter revenue forecast came in slightly below analysts’ expectations.
RReutersOriginal★★☆☆☆2026-09-11 01:20
One of the last remaining links to Goldman Sachs Group Inc.’s celebrated partner club is leaving the firm, shrinking the circle once again.
BBloomberg NewsOriginal★★☆☆☆2026-09-11 01:15
Global electric vehicle demand rose for a sixth straight month in August, led by Europe, according to data released Friday by UK-based research firm Benchmark Mineral Intelligence. Growth in Europe offset weaker markets in China and North America.
RReutersOriginal★★☆☆☆2026-09-10 23:25
In a Thursday announcement, East African Breweries said Asahi Holdings of Japan had won Kenyan clearance to purchase Diageo’s 65% interest.
RReutersOriginal★★☆☆☆2026-09-10 22:40
Grab Holdings, Southeast Asia’s largest ride-hailing and food-delivery company, is negotiating to acquire a majority stake in Singapore-based buy-now-pay-later platform Atome Financial, people familiar with the matter said.
BBloomberg NewsOriginal★★☆☆☆2026-09-10 22:30
Online vehicle auctioneer Copart agreed on Thursday to acquire ACV Auctions in an all-cash transaction valued at about $1.9 billion, marking its entry into dealer-to-dealer vehicle remarketing.
RReutersOriginal★★☆☆☆2026-09-10 21:25
LVMH founder Bernard Arnault has fallen out of the top 10 list of the world’s largest fortunes, leaving an all-American ranking dominated mostly by tech billionaires.
BBloomberg NewsOriginal★★☆☆☆2026-09-10 21:20
HSBC Holdings said Pam Kaur unexpectedly decided to leave her chief financial officer role. The bank is seeking a replacement just two years after her appointment.
BBloomberg NewsOriginal★★★☆☆2026-09-10 21:00
Oracle reported first-quarter revenue above Wall Street expectations on Thursday and raised its full-year profit forecast, with surging enterprise spending on AI fueling strong demand for its cloud computing services.
RReutersOriginal★★★☆☆2026-09-10 20:35
Oracle reported quarterly results that exceeded expectations, while its revenue backlog also came in stronger than forecast. Cloud infrastructure revenue more than doubled, sending the company’s stock up 7%.
Prediction market Polymarket named veteran finance executive Warren Jenson as its first CFO on Thursday. The appointment is part of a broader effort to recover ground lost to rival Kalshi and grow the company’s U.S. and international operations.
RReutersOriginal★★☆☆☆2026-09-10 20:25
Prediction market Polymarket has appointed former Amazon finance chief Warren Jenson as its first chief financial officer as it develops a regulated U.S. exchange and a global platform.
Goldman Sachs has appointed Farshid Asl and Matt Weir as co-heads of its Investment Strategy Group, replacing Sharmin Mossavar-Rahmani, according to an internal memo seen by Reuters on Thursday.
RReutersOriginal★★☆☆☆2026-09-10 20:05
The United Arab Emirates has pledged €40 billion in investment in Germany to support its industry. The commitment followed a Thursday meeting between the two countries’ leaders aimed at strengthening ties amid economic uncertainty and conflict.
RReutersOriginal★★★★☆2026-09-10 19:50
Bloomberg News reported that Saudi Arabia’s wealth fund is weighing a tie-up between Electronic Arts and Savvy Games, basing the account on sources knowledgeable about the situation; the combination would be intended to create a gaming giant.
RReutersOriginal★★☆☆☆2026-09-10 19:05
Saudi Arabia’s wealth fund is considering combining Electronic Arts with Savvy Games, according to people familiar with the matter. The deal would place blockbuster titles such as Madden NFL and Pokémon Go under one roof.
Indian Commerce and Industry Minister Piyush Goyal said the first Innoprom exhibition in India shows Russia and India are moving from statements to concrete action in trade and economic cooperation. He said both governments and business communities must accelerate efforts toward targets of $100 billion in bilateral trade and $50 billion in mutual investment by 2030.
TTASSOriginal★★★☆☆2026-09-10 17:24
Ford Motor announced Thursday that it will invest $1 billion to build a new paint shop at its key truck plant in Kentucky, following criticism from the Department of Transportation.
CCNBCOriginal★★★☆☆2026-09-10 16:57
British man Christopher Woolcott admitted creating a fictitious takeover bid for Canadian oil explorer Touchstone Exploration. The regulator said he used false identities and forged documents in hopes of profiting from a rise in the company’s shares.
FFinancial TimesOriginal★★☆☆☆2026-09-10 16:51
Russia reduced oil production by 160,000 barrels per day month-on-month in August 2026 to 8.718 million bpd, OPEC reported. Its OPEC+ quota was 9.887 million bpd, leaving output 1.169 million bpd below the quota. Production remains constrained by the OPEC+ agreement.
TTASSOriginal★★☆☆☆2026-09-10 16:17
U.S. existing home sales fell to a 14-month low in August as rising mortgage rates continued to weigh on demand.
RReutersOriginal★★★☆☆2026-09-10 16:15
President Donald Trump’s latest trade maneuver leaves room for a compromise with Canada, while threatening to worsen the cost-of-living crisis for Americans and further strain relations with Ottawa.
BBloomberg NewsOriginal★★★☆☆2026-09-10 16:00
London-based challenger bank Monument Bank has delayed the launch of retail tokenized deposits, citing regulatory issues in the UK. It hired a Canadian custodian to meet Financial Conduct Authority requirements and now expects to roll out the product by November.
CCoinDeskOriginal★★☆☆☆2026-09-10 15:53
Woolworths increased prices on at least four products, including chicken fillets, potatoes, cinnamon donuts and canned bean mix, soon after promising to freeze prices on 300 family staples for three months. Data from CW Scanner showed chicken fillets rising 33%. A marketing expert said the increases failed to match consumers’ understanding of a price freeze, while Woolworths awaits a federal court verdict over alleged misleading discount practices.
TThe GuardianOriginal★★☆☆☆2026-09-10 15:00
American Eagle Outfitters shares fell about 11% on Thursday after the apparel retailer forecast flat quarterly gross margins. The outlook pointed to possible discounting to clear excess inventory, while weak demand at its namesake brand could pressure profit.
RReutersOriginal★★☆☆☆2026-09-10 14:35
Volkswagen estimates that job cuts and possible plant closures under a landmark restructuring agreement reached last week will cost about €16 billion ($18.6 billion), according to a person familiar with the matter.
RReutersOriginal★★★☆☆2026-09-10 14:00
As England considers a nightly tourist tax, continental Europe offers a long-established model. Italy typically charges visitors €1 to €10 per person per night, with five-star hotels in Milan charging €12. In 2024, Rome, Milan, Florence and Venice raised substantial sums, although cash-strapped municipalities often use the money for expenses beyond tourism services and monument maintenance.
TThe GuardianOriginal★★☆☆☆2026-09-10 13:57
Starbucks CEO Brian Niccol says the company is entering the second year of its turnaround, with the next phase centered on renovating cafes and improving the customer experience.
CCNBCOriginal★★☆☆☆2026-09-10 13:50
Citadel Securities is urging the Securities and Exchange Commission to oversee equity-linked event contracts, challenging the Commodity Futures Trading Commission’s self-certification process.
TThe BlockOriginal★★☆☆☆2026-09-10 13:43
Slightly fewer Americans filed for unemployment benefits last week, with jobless claims staying at historically low levels as layoffs remained rare.
T
The Associated PressOriginal★★★☆☆2026-09-10 13:00
Slightly fewer Americans filed for unemployment benefits last week, with jobless claims still near historically low levels and layoffs remaining rare.
The number of Americans filing for unemployment benefits declined last week, indicating that layoffs remained limited and continued to support the labor market.
Nasdaq Ventures agreed to invest $100 million in Payward, the parent company of Kraken, as the firms expand their partnership on tokenized equity infrastructure.
TThe BlockOriginal★★☆☆☆2026-09-10 12:53
Nasdaq is investing $100 million in Payward, the parent company of Kraken, at a $21 billion valuation. The deal expands a strategic partnership aimed at bringing tokenized equities with voting rights to crypto exchange users.
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