BP suspends share buyback plan in fresh sign of oil price pressure

BP suspends share buyback plan in fresh sign of oil price pressure

Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll. The London-listed energy firm reported underlying replacement … Read more

Stellantis shares plunge 27% after automaker announces $26 billion hit from business overhaul

Stellantis shares plunge 27% after automaker announces  billion hit from business overhaul

Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025.  Henry Romero | Reuters Shares of automaker Stellantis plunged 27% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26 … Read more

Sweden’s Volvo Cars is down 25%. Here’s why the automaker is on track for its worst day ever

Sweden’s Volvo Cars is down 25%. Here’s why the automaker is on track for its worst day ever

This photograph shows a partial view of a Volvo X30 electric car with the company logo at the Volvo factory in Ghent on April 25, 2025. This factory will produce the Volvo X30 100% electric model for the European market. Nicolas Tucat | Afp | Getty Images Shares of Sweden’s Volvo Cars tumbled more than … Read more

Oil giant Shell posts weakest quarterly profit in nearly five years as crude prices slide

Oil giant Shell posts weakest quarterly profit in nearly five years as crude prices slide

The Shell petrol station is at 106 Old Brompton Road in the Royal Borough of Kensington and Chelsea, London, England, United Kingdom, on December 25, 2025. Nurphoto | Nurphoto | Getty Images British oil major Shell on Thursday reported its weakest quarterly profit in nearly five years, amid a weaker crude price environment and unfavorable … Read more

European lawmakers suspend U.S. trade deal amid Greenland tariff tensions

European lawmakers suspend U.S. trade deal amid Greenland tariff tensions

European lawmakers on Wednesday suspended the approval of the trade deal that the European Union and U.S. agreed in July. In a statement Wednesday, European Parliament member Bernd Lange, and INTA chair on EU-US trade relations, said the recent plans by President Donald Trump to impose tariffs of between 10% and 25% on European nations … Read more

Trump calls for ‘immediate negotiations’ on Greenland, but rules out using force

Trump calls for ‘immediate negotiations’ on Greenland, but rules out using force

President Donald Trump on Wednesday called for “immediate negotiations” with Denmark to “discuss the acquisition of Greenland by the United States.” But Trump, in a speech at the World Economic Forum in Davos, Switzerland, said for the first time that he would not use military force in pursuit of the territory. “I won’t do that,” … Read more

Auto giant shares tumble on Trump’s tariff threat over Greenland

Auto giant shares tumble on Trump’s tariff threat over Greenland

The logo of the German car manufacturer Volkswagen can be seen on a vehicle in front of a VW dealership. Picture Alliance | Picture Alliance | Getty Images Shares of some of Europe’s biggest carmakers fell sharply on Monday morning, following U.S. President Donald Trump’s pledge to impose tariffs on several European countries over Greenland. … Read more

Russia says it’s monitoring Trump’s ‘extraordinary’ push to take over Greenland

Russia says it’s monitoring Trump’s ‘extraordinary’ push to take over Greenland

Russian President Vladimir Putin speaks during his annual joint call-in-show and press conference, on December 19, 2025 in Moscow, Russia. Contributor | Getty Images News | Getty Images Russia called the Trump administration’s threats to take over Greenland “extraordinary” on Friday, adding it would continue monitoring the situation. “The situation is unusual, I would even … Read more

What’s at stake as Greenland and Denmark prepare for a White House showdown

What’s at stake as Greenland and Denmark prepare for a White House showdown

U.S. President Donald Trump, Secretary of State Marco Rubio and Vice President JD Vance meet Democratic Republic of the Congo’s Foreign Minister Therese Kayikwamba Wagner (not pictured) and Rwanda’s Foreign Minister Olivier Nduhungirehe (not pictured) in the Oval Office at the White House in Washington D.C., June 27, 2025. Ken Cedeno | Reuters The Trump … Read more

Orsted jumps 5% after U.S. judge rules firm can resume wind project halted by Trump

Orsted jumps 5% after U.S. judge rules firm can resume wind project halted by Trump

A turbine blade is lifted onto a rack near tower sections at the Revolution Wind project assembly site at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Shares of Danish renewables giant Orsted rose 5% on Tuesday morning, shortly after a U.S. judge cleared the … Read more