BP suspends share buyback plan in fresh sign of oil price pressure
BP on Tuesday posted fourth-quarter profit in line with expectations, after crude prices dipped below $60 a barrel for the first time in nearly five years.
Gold drops as investors brace for US jobs and inflation numbers
Gold fell on Tuesday as investors stayed cautious ahead of U.S. jobs and inflation data that would indicate the Federal Reserve’s interest rate trajectory.
‘Despicable and reprehensible’: China lashes out at UK expansion of visa scheme following Jimmy Lai conviction
The diplomatic tensions came after pro-democracy tycoon Jimmy Lai was sentenced to 20 years in one of the city’s most prominent prosecutions.
How leading through discomfort prepared Philips CEO Roy Jakobs for his toughest calls
Roy Jakobs reflects on the early experiences that shaped his leadership—from post‑war lessons in forgiveness to the resilience built through childhood asthma. In “Executive Decisions with Steve Sedgwick,” the Philips CEO explains why compassion must si…
How leading through discomfort prepared Philips CEO Roy Jakobs for his toughest calls
Roy Jakobs reflects on the early experiences that shaped his leadership—from post‑war lessons in forgiveness to the resilience built through childhood asthma. In “Executive Decisions with Steve Sedgwick,” the Philips CEO explains why compassion must si…
Oil prices steady as traders monitor Iran tensions, U.S. economic data
Oil prices eased slightly on Tuesday after U.S. guidance for vessels transiting the Strait of Hormuz kept attention on tensions between Washington and Tehran.
Dollar trades lower against peers after weak data; yen continues winning streak
The dollar nursed losses on Tuesday ahead of monthly economic data, while the yen held on to its gains after Prime Minister Sanae Takaichi’s election victory.
‘Impossible’: Taiwan pushes back against Washington’s 40% chip supply relocation goal
Taiwan has told Washington that its proposal to move 40% of Taiwan’s semiconductor supply chain is “impossible,” according to Vice Premier Cheng Li-chiun.
SoftBank shares surge 10% after telecom unit lifts outlook, Arm strength bolsters AI narrative
Shares of SoftBank Group Corp jumped over 10% after its telecom arm raised its full-year profit outlook and renewed optimism around Arm Holdings.
South Korea’s largest defense firm Hanwha Aerospace slumps 6% as revenue, pre-tax profit miss estimates
Hanwha missed revenue and pre-tax profit estimates, but beat net profit expectations.
