Glencore’s ex-head of oil charged with bribery offences by Britain’s Serious Fraud Office
Alex Beard is one of five ex-Glencore employees charged with conspiracy to make corrupt payments.
10-year Treasury yield falls below 4% for the first time since February
Treasury yields were steady as investors digested comments from Federal Reserve Chair Jerome Powell, who suggested a September rate cut was on the table.
Prisoner swap underway between the U.S., Russia and other countries, senior official says
The two U.S. prisoners in Russia with the highest profile are Wall Street Journal reporter Evan Gershkovich and former U.S. Marine Paul Whelan. It has not been confirmed that they are part of the trade.
EU approves Hewlett Packard Enterprise’s $14 billion Juniper deal
The EU Commission unconditionally approved the $14 billion takeover of networking gear maker Juniper Networks by Hewlett Packard Enterprise.
Moderna stock falls 20% as it slashes guidance on low EU sales, tough U.S. vaccine market
Moderna now expects 2024 product revenue to come in between $3 billion and $3.5 billion, down from a previous guidance of $4 billion.
Israeli military says it killed Hamas armed wing leader Mohammed Deif in Gaza airstrike last month
Israel’s military on Thursday said it killed the chief of Hamas’ military wing, Mohammed Deif, in an airstrike in July.
Bank of England cuts interest rates for first time in over four years
The central bank’s decision was viewed by markets as being on a knife-edge despite inflation reaching target.
Rolls-Royce shares soar to all-time high on reinstated dividend, raised profit guidance
Shares of Rolls-Royce jumped to an all-time high after the company reinstated its dividend and raised its profit forecast.
Shell beats second-quarter profit expectations, launches $3.5 billion share buyback program
Shell on Thursday posted stronger-than-expected second-quarter profit after issuing a warning over lower fossil fuel prices and refining margins.
Barclays profit dips in the second quarter, beats estimates
The British lender is undergoing a major restructuring program in a bid to boost profits.
