Australia

Exxon, Chevron beat earnings estimates as crude supply rises

Exxon, Chevron beat earnings estimates as crude supply rises

Exxon Mobil and Chevron beat analysts’ estimates for earnings, production and sales, as rising oil production from the Permian Basin helped offset weaker crude oil prices. On Friday, Exxon’s adjusted third-quarter earnings beat expectations by five cents, while Chevron beat estimates by 11 cents. Shares rose 1.5% and 4%, respectively. The strong results supported the ...

Luis Arce says that Morales followers are behind the seizure of military posts

Luis Arce says that Morales followers are behind the seizure of military posts

The president of Bolivia, Luis Arce, accused followers of his former political ally, Evo Morales, of being behind of an armed takeover of military posts on Friday, which includes the taking of soldiers hostage, increasing tension in the South American country. Arce said the groups had forced entry into three military posts on the outskirts ...

Mexicans are divided over the rigidity of their country's immigration policy

Mexicans are divided over the rigidity of their country’s immigration policy

Mexicans are divided on the need for stricter immigration policiesamid a large influx of foreigners crossing their country to the border with the United States, according to a new survey. About 41% of respondents want Mexico to take a more restrictive stance on migration, while 40% favor more open policies, according to LatAm Pulse, a ...

Javier Milei fired Foreign Minister Diana Mondino for voting at the UN in favor of Cuba

Javier Milei fired Foreign Minister Diana Mondino for voting at the UN in favor of Cuba

The Argentine president Javier Milei has dismissed the head of Foreign Affairs of his government, Diana Mondino, after voting at the United Nations against the economic embargo imposed by the United States on Cuba and has appointed the current ambassador in Washington in his place. “Argentina is going through a period of profound changes and ...

Roblox Stock Soars to Highs on Raising Forecasts

Roblox Stock Soars to Highs on Raising Forecasts

Roblox shares rose the most in nearly a year after the video game company reported third-quarter bookings that beat analysts’ expectations. and increased their full-year guidance as the platform’s user base increased. The San Mateo, California-based company reported $1.1 billion in bookings in the three months ended September 30, a sales measure that was 34% ...

France continues to oppose the trade agreement between the European Union and Mercosur

France continues to oppose the trade agreement between the European Union and Mercosur

France continues to strongly oppose the free trade agreement planned between the European Union and the Mercosur bloc of South American countries.The French trade minister said Wednesday, adding that Paris believes a better deal is possible. Speaking in the Senate, Trade Minister Sophie Primas said France’s concerns regarding the dealThey were mainly related to climate ...

British Chancellor of the Exchequer increases taxes and social security contributions

British Chancellor of the Exchequer increases taxes and social security contributions

The British Minister of the Economy, Rachel Reeves, announced on Wednesday that the Government will increase the Social Security contributions, NICs, paid by companies by 1.2 percentage pointsup to 15%, from April next year, in order to increase funding for public services, including the National Health Service. Reeves also lowered the threshold at which companies ...

Mapfre increases its profits to 39% thanks to good weather and rising prices

Mapfre increases its profits to 39% thanks to good weather and rising prices

Mapfre, the largest Spanish insurer, recorded a 39% increase in its net profit in the first nine months of the year thanks to the rise in prices, to more favorable weather conditions and the lesser severity of natural disasters, which increased the profitability of its non-life business. Mapfre shares rose 4.1% at 1137 GMT (6:37pm) ...

Spain once again appoints ambassador to Argentina, the Milei and Sánchez crisis ends

Spain once again appoints ambassador to Argentina, the Milei and Sánchez crisis ends

After five months of freezing, Spain decided to appoint a new ambassador to Argentina. The Iberian president, Pedro Sánchez, decided to send a new diplomatic representative to take charge of the headquarters in Buenos Aires. His government, it is worth remembering, had called María Jesús Alonso Jiménez for consultation in May, who had been serving ...

Peru seeks partners for trains for more than US$10 billion and to promote megaport

Peru seeks partners for trains for more than US$10 billion and to promote megaport

The Government of Peru announced on Tuesday that it intends to promote railway projects that involve the construction of two train sections on the central coast with a global investment of more than US$10 billion, within the framework of the development of the Chanchay megaport that will be inaugurated soon. When exposing the plan, the ...