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Ukraine hits Lukoil refinery as Russian fuel risks return
Ukraine struck Lukoil’s 300,000-barrel-per-day Volgograd refinery, renewing concerns about Russian fuel supplies and refinery output.
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ADNOC shifts crude pricing to Dubai benchmark as trade rises
ADNOC will price Murban and three other Abu Dhabi crude grades against Platts Dubai from November as regional oil trading picks up.
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Oil rises as Iran says ships stopped in Strait of Hormuz
Oil prices rose after Iran said it stopped vessels in the Strait of Hormuz, renewing concerns about global energy supplies and shipping risks.
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Top nuclear power firm files for US IPO
Nuclear power pioneer Westinghouse Electric Company has taken the initial step toward going public by submitting a confidential Form S-1 draft registration statement to the U.S. Securities and Exchange Commission. The company was previously purchased in 2023 by Cameco (TSX:CCO; NYSE:CCJ) and Brookfield Renewable Partners (NYSE:BEP) in a US$7.9 billion transaction in 2023. Tracing its…
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Amazon Earnings and Rising Crude Oil Prices Drive Market Momentum: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to see further upside after ending the previous session sharply higher. Technology stocks appear poised to extend yesterday’s rally amid a sharp increase by shares of online retail giant Amazon (NASDAQ:AMZN). Shares of Amazon are soaring…
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July Chicago PMI & Michigan Consumer Sentiment: What to Expect Today
MNI Indicators is scheduled to release its report on Chicago-area business activity in the month of July at 9:45 am ET. The Chicago business barometer is expected to dip to 55.0 in July from 56.7 in June, although a reading above 50 would still indicate growth. At 10 am ET, the University of Michigan is…
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Microsoft’s Cloud Blowout Sparks Broad Rally as Nasdaq Posts Best Day Since June
Wall Street roared higher on Thursday, with a wave of upbeat technology earnings reigniting enthusiasm for the artificial-intelligence trade and lifting all three major indexes sharply. A blockbuster quarter from Microsoft, driven by surging cloud demand, set the tone for the session and pulled chipmakers and other tech names along with it. The buying was…
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Uber Eats expands U.S. grocery delivery network
Uber Technologies (NYSE:UBER) has broadened its grocery delivery offerings by partnering with several regional grocery chains across the United States. The expansion adds a number of locally recognized retailers, including Busch’s Fresh Food Market, Hays, Lowe’s Market, and Piggly Wiggly, to the Uber Eats platform. This article is a journalistic opinion piece that has been…
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Mastercard stock climbs after Q2 earnings beat
Mastercard shares climbed after Q2 revenue reached US$9.3 billion and adjusted earnings beat Wall Street estimates amid strong spending.
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VSee Health Signs LOI for Healthcare Platform Acquisition Target With Over $35 Million in Annualized Revenue
The proposed acquisition would expand VSee’s healthcare technology platform and add a profitable commerce business if the transaction is completed. Key Investor Takeaways Why VSee Stock Is in Focus VSee Health (NASDAQ:VSEE) announced it has entered into a non-binding letter of intent to acquire healthcare technology and operating assets supporting a vertically integrated healthcare commerce…