BP shares dip as oil and gas major flags $2 bn in expected charges
Investing.com – BP (LON:BP) has said it expects to incur impairment charges worth between $1 billion to $2 billion in the fourth quarter, while upstream production at the oil-and-gas major is projected to decrease, sending London-listed shares in the
Israel and Hamas cease-fire agreement could be announced as soon as today- report
Investing.com — Israel and Hamas are reportedly close to finalizing a cease-fire agreement, which could be announced as soon as Tuesday, according to Arab and Israeli officials. This development raises hopes for a temporary halt to the conflict in the
Central Europe’s banks can withstand car sector turmoil, S&P says
By Gergely Szakacs BUDAPEST (Reuters) – Turmoil in Europe’s car sector could hit the central European economy and hurt banks’ asset quality, S&P Global said on Tuesday, although it added that lenders were strong enough to withstand stress in their automotive
Persimmon beats expectations, shares rise
Investing.com — Shares of Persimmon (LON:PSN) jumped over 5% on Tuesday after it reported a 7% increase in home completions for 2024, surpassing market expectations. The UK-based housebuilder delivered 10,664 homes in total, beating consensus of 10,511 and guidance
Carmakers sold over 17 million fully electric and plug-in hybrid vehicles in 2024- report
Investing.com — Global sales of fully electric and plug-in hybrid vehicles increased by a quarter in 2024, reaching over 17 million cars. This rise was supported by a fourth consecutive month of record sales in December, with China’s market continuing