BP has revealed an additional $1bn (£750m) write-down from its struggling energy transition division, dealing another blow to the embattled oil giant. The FTSE 100-listed company said it expected to write down
Republican presidential candidate Donald Trump is leveraging his ongoing hush money trial to bolster fundraising efforts, appealing to both small donors and major financial supporters to help mitigate his significant fundraising gap
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Unrecommend.com, a pioneering news site dedicated to enhancing media transparency, has reported significant growth in the first quarter of 2024. The site’s innovative approach to journalism has resonated among readers, leading to
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Morgan Stanley reported a strong start to the year, surpassing first-quarter profit expectations due to robust performances in investment banking and wealth management. Shares of the financial giant rose by 3.7% following
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On Tuesday, shares of Bank of America (BAC.N) dropped over 3% following a decline in first-quarter profits and an increase in provisions for potential loan losses, signaling financial strains among consumers. This
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Goldman Sachs (GS.N) reported a notable first-quarter profit that surpassed Wall Street expectations, fueled by a recovery in its core areas of underwriting, deals, and bond trading. The investment banking giant saw
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The cryptocurrency market shows an interesting change in dynamics, with the upcoming Bitcoin halving on April 19, 2024. Past instances suggest that altcoin prices have risen considerably after Bitcoin halvings as the
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The Biden administration has declared a cancellation of $7.4 billion in student debt for 277,000 borrowers, marking another significant step in a series of debt relief actions, as stated by the White
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The London Metal Exchange (LME) recently imposed a ban on Russian metals produced after April 13, adhering to new sanctions from the U.S. and UK prompted by Russia’s actions in Ukraine. These
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The Council of the European Union has announced and endorsed new measures to eliminate medical device shortages. The council says these new measures will also allow for better access to information regarding
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Keir Starmer, the leader of Britain’s Labour Party, announced that the party plans to increase defence spending to 2.5% of GDP “as soon as resources allow.” This pledge aligns Labour with the
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