Costa Coffee reported a £20m operating profit driven by menu diversification and store expansion, reversing previous losses. Parent company Coca-Cola retained ownership amidst rising coffee bean costs linked to climate impacts on growers.
Congress passed a bill closing a legal loophole allowing hemp-derived THC products, threatening to eliminate the $28 billion market and 225,000 jobs unless the industry adopts stricter regulations.
Linde shares rose 2.14% amid plans to build new high-purity gas facilities in India for semiconductors, alongside a 9.3% Q2 revenue increase to USD 9.29 billion.
Koppers Holdings stock rose 1.88% after maintaining its fiscal 2026 adjusted EPS guidance of USD 3.80-4.20. The company reported strong Q2 results with revenue increasing 3.0% to USD 520.1 million.
Yemen's government launched a full-scale offensive against Houthi forces, threatening the strategic Bab el-Mandeb chokepoint vital for Saudi oil exports. Previous Houthi strikes on Saudi oil facilities raise concerns for global crude supply chains.
Analysts set H.B. Fuller's consensus target at $64.62 with a 'Moderate Buy' rating after an EPS beat and 5.2% revenue rise. Insider buying signals confidence in the chemical firm's outlook.
Global oil prices remain above $100 per barrel despite increased Middle East flows due to depleted inventories and geopolitical risks. High demand and shipping disruptions continue to drive costs, impacting global inflation and refinery operations.
The U.S. Supreme Court will hear a landmark climate change lawsuit filed by Boulder County against major oil companies, seeking damages for wildfire costs linked to global warming. The ruling could set a precedent for state-level liability and federal regulatory authority.
OPEC+ agreed in principle to maintain November oil output targets despite Middle East export disruptions. Core members pump below prewar levels, pushing capacity review decisions to 2027.
Iraq’s state tanker company arranged a VLCC to transport crude beyond the Strait of Hormuz for the first time in decades, shifting its marketing strategy outside the Persian Gulf. This aims to secure better prices and reach refiners avoiding the strait amid disruptions.
The US Supreme Court hears an appeal by ExxonMobil and Suncor to dismiss a Colorado climate lawsuit backed by the Trump administration. A ruling favoring the companies could impact nearly 60 similar state-level suits seeking billions in damages.
Russia vowed to intensify strikes on Ukrainian infrastructure, prompting President Zelenskyy to threaten retaliatory attacks on Russian oil refineries. Moscow also warned diplomats of danger after strikes damaged a pharmaceutical warehouse and key transport bridges.
OPEC+ delegates plan to maintain current oil production quotas for November amid Middle East conflicts impacting output. Oil futures near $100 per barrel as the alliance awaits an audit of members' capacity before setting next year's policy.
German Chancellor Friedrich Merz visited Kyiv to reinforce support for Ukraine, highlighting ongoing attacks on Russian oil refineries and pipeline networks. He noted joint technology development between German and Ukrainian firms to enhance security and resilience.
Stolt-Nielsen saw weaker chemical tanker profits in Q3 as higher bunker costs offset firmer freight rates, while Middle East conflicts reduced trade volumes by 15%. Future demand remains uncertain due to constrained feedstock availability and high energy prices.
Bosnian factions unite behind Trump after promises of $2.3 billion in energy investments, including a natural gas pipeline and power plants. The deal marks a shift from EU integration toward American-led infrastructure development in the region.
NewMarket Corporation's NEU5143999 bond profile outlines a semi-annual 2.70% fixed coupon rate and redemption schedule.
DuPont de Nemours reported Q2 adjusted EPS of $1.88, beating estimates, and raised its full-year 2026 outlook. Despite a Goldman Sachs price target cut, the company aims to convert the improved outlook into cash generation.
Ecolab Inc. shares traded at $273.70 ahead of its Q3 earnings report on October 27, following an adjusted EPS beat of $2.09 against expectations.
Chemours and other chemical firms face accusations of evading accountability for global PFAS contamination by shifting production and waste. The report criticizes lax regulations and corporate lobbying amidst severe environmental and health impacts.