Business

Oil profits spike as Middle East war fuels energy prices and Trump blasts soaring earnings – business live

Rolling coverage of the latest economic and financial news Profits are surging at oil companies on the back of the spike in energy prices triggered by the war in the Middle East. BP is the latest to reveal its windfall earnings today: its…

Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations

President Donald Trump has warned that the latest round of negotiations with Iran are the "last chance" to bring an end to the five-month conflict.

South Africa: Water Crisis Turns Deadly in Durban - South African News Briefs - August 4, 2026

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GovTech layoffs necessary to maintain quality of digital services for Singaporeans, says Jasmin Lau

GovTech officers in their 40s formed the largest age group of affected employees, accounting for about four in 10.

Copper Marches Closer to $14,000 as Flows to US Tighten Market

Copper advanced to the highest in two months, approaching $14,000 a ton in London as traders monitored ballooning volumes of the metal in the US ahead of a decision on import tariffs by President Donald Trump.

Horizons Middle East & Africa 8/4/2026 (Video)

BP to sell US biogas business as profits soar

Chief executive says UK oil major has had several approaches for its North Sea assets

Chinese Startup AI² Robotics Is Said to Consider Hong Kong IPO

Chinese robot maker AI² Robotics is considering an initial public offering in Hong Kong, according to people familiar with the matter, looking to tap into interest for the growing sector.

Africa: Over Half of Africa's Cybercrimes Are AI-Enabled - Interpol

[Capital FM] Nairobi -- More than half of all cybercrimes reported across Africa are now AI-enabled, the International Criminal Police Organization (INTERPOL) has revealed, warning that digital attacks have rapidly evolved into an…

Europe’s Earnings Are Much Stronger Than They Look

Europe Inc. is delivering one of the strongest earnings scorecards in years, setting up regional stocks to scale fresh peaks as analysts turn even more optimistic about a broad range of sectors.

Rabobank to spend €2 billion in AI and tech as net profit stagnates

SoftBank's AI funding plans to face reckoning at earnings