Business

UAE, Qatari Firms Debut in Venezuela Through BP-Led Gas Deal

Arab Gulf companies are making their debut in Venezuela through an offshore natural gas project to be operated by BP Plc.

Applied Materials Forecast Gets Tepid Reaction After Stock Rally

Applied Materials Inc. delivered an estimate-beating forecast that still got a lukewarm reaction from investors, a sign of the lofty hopes surrounding a company that’s key to the AI boom.

Applied Materials sees revenue above estimates, shares fall on high expectations

Applied Materials forecasts revenue above estimates, shares fall on high expectations

Tyson to Close More Beef Plants as US Cattle Shortage Drags On

Tyson Foods Inc. said it would close several additional beef plants, in the latest sign of the US beefpacking industry’s restructuring amid a prolonged US cattle shortage.

These charts show why stocks keep rallying. Profit margins are the highest on record

Recent FactSet data show that the rise in earnings is not coming from sales growth alone.

SpaceX set an IPO record. Now there’s hope that Anthropic could shatter it.

A new report says that some Anthropic investors expect the company to seek a $2 trillion to $3 trillion valuation, above SpaceX’s $1.7 trillion milestone.

Accord dismisses factional chairman’s support for Osun APC gov candidate

The Accord Party has dismissed its expelled factional chairman’s endorsement of the APC governorship candidate in Osun State, Bola Oyebamiji, ahead of the Read More…

Weak systems helped Adeyemi set up ‘fake agency,’ says ICPC

ICPC Chairman Musa Aliyu reveals weak institutional controls allowed Adeniyi Adeyemi to establish a ‘fake agency,’ highlighting loopholes in Nigeria’s publ Read More…

US court rules Trump can end tariff exemption for small parcels

Trump touted the “big win” in a social media post, saying the provision “became a giant loophole for tariff cheats” and others.

US ambassador warns Argentina over Chinese firms in Vaca Muerta

Trump envoy Peter Lamelas says Chinese involvement in strategic sectors “will not help attract foreign investors” to Argentina’s shale oil and gas hub. Leer más

‘SaaSpocalypse’ Risk From AI Reaches Beyond Private Equity

Bloomberg's Paula Seligson said that specific subsets of the software industry are especially at risk from the 'SaaSpocalypse' — the selloff of companies based around 'software-as-a-service — as artificial intelligence replaces software…