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(Reuters) – Australian oil and gas major Woodside Energy said on Wednesday it had signed a supply deal with BP, under which the British energy giant would supply natural gas to its Louisiana liquefied natural gas (LNG) project. Under the deal, the Louisiana project would buy up to 640 billion cubic feet of gas from …

Australia’s Woodside Energy signs gas supply deal with BP for Louisiana project Read More »

(Reuters) -Australia’s second-largest grocer, Coles Group Ltd, on Wednesday reported a 3.4% rise in third-quarter revenue, driven by robust performance in its supermarkets division as consumers responded favourably to value campaigns and promotions. Shares of the company rose as much as 0.8% to hit their highest level since April 23 as of 0115 GMT. Australian …

Coles’ Q3 revenue rises driven by value offerings, e-commerce orders push; shares up Read More »

(Reuters) -Prudential PLC on Wednesday reported a 12% rise in new business profit for the first quarter, as the Asia-focused insurer benefitted from strong performance in its Hong Kong and China segments. The London and Hong Kong dual-listed company posted new business profit, on a traditional embedded value basis, of $608 million for the three …

Prudential’s quarterly new business profit rises on strong Hong Kong, China growth Read More »

(Reuters) -Cadbury-parent Mondelez International beat Wall Street estimates for first-quarter profit on Tuesday, driven by the high prices for its chocolates and biscuits. Mondelez implemented several rounds of price increases in recent quarters to offset rising costs of inputs, such as cocoa in 2024, helping the company’s earnings. This, along with its new product rollouts …

Mondelez beats first-quarter profit estimates on higher prices Read More »

By Jaspreet Singh (Reuters) – Snap said on Tuesday it will not issue a second-quarter financial forecast citing economic uncertainty, as U.S. tariffs threaten to disrupt the global economy and digital advertising budgets, sending its shares down 13% in extended trading. The Snapchat parent faced challenges at the start of the current quarter, even as …

Snap shelves quarterly forecast as economic uncertainty risks ad budgets Read More »

By Kalea Hall and Nathan Gomes DETROIT (Reuters) -General Motors on Tuesday pulled its annual forecast, in a move that reflects the uncertain effects of U.S. President Donald Trump’s global trade war, even as the company reported strong quarterly results. In an unusual move, the automaker pushed its investor call to Thursday as it wanted …

GM pulls forecast due to tariffs as nervous consumers rush to buy Read More »

MARANELLO, Italy (Reuters) – Ferrari refreshed its hybrid range on Tuesday with the new 296 Speciale and its convertible version as the luxury sports car maker prepares for its first leap into the fully electric era. Ferrari, which will present its first EV in October, showcased the two new plug-in hybrid models at its Maranello …

Ferrari unveils new 296 Speciale hybrid models ahead of EV launch Read More »