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Marathon Petroleum is nearing a deal for the sale of several refineries to CVR Energy, with the sale expected to be worth $4 billion, the Wall Street Journal has reported, citing unnamed sources. The deal could be announced later today. The refining sector has become the star of the oil industry this year as the wars in the Persian Gulf and Russia-Ukraine have severely crippled global fuel…
Why is Associated British Foods stock falling today?
Swiss inflation hits 1.5% in October, above forecasts, on fuel costs
Iran-US deal still out of reach despite heightened diplomatic efforts
Morgan Stanley initiates Pony AI stock with overweight rating
BlackRock’s Bitcoin ETF shed $405.3 million on Monday as US spot Bitcoin funds opened November with nearly $399 million in net outflows.
Hugo Boss cuts 2026 outlook on weak demand, higher costs
Jefferies downgrades Fuchs to hold as pricing tailwinds face normalisation risks
Virgin Media O2 cuts jobs and pauses fibre rollout
BioMarin reports Q3 revenue beat but cuts full-year outlook
While fast food struggles, this wing chain surged 43% in October: Can it last?
Stifel initiates TRex Bio stock coverage with buy rating on Treg therapy potential
Hiscox reports 11% retail premium growth in third quarter
Down 69% from its high: Is this 84% margin ad-tech stock a bargain?
After banking a +495% gain: A new list of AI picks for November is NOW LIVE
Europe stocks set to fall as US-Iran tensions fuel oil rebound
Switzerland October CPI +1.5% vs +1.3% y/y expected Prior +1.0% Switzerland October core CPI +0.5% y/y Prior +0.5% Swiss headline annual inflation picks up at the start of the third quarter, rising to 1.5% from 1.0% previously. Much like elsewhere around the region, higher energy prices are the main culprit in continuing to feed through to consumer prices. As such, the inflation numbers may look…
EUROPEAN SESSION In the European session, the only highlight is the Swiss CPI report. Headline CPI Y/Y is expected at 1.2% vs 1.0% prior, while the Core Y/Y measure is seen unchanged at 0.5%. The data won't change anything for the SNB, though, as the central bank maintains a neutral stance with interest rates at 0.00% and limited second-round effects from higher energy prices. The risk sentiment…
TotalEnergies signs five-year LNG deal with ADNOC Gas
Why is Virgin Australia stock surging today?
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