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Business

Exclusive: Nayara Energy Faces Western Sanctions, First Indian Refinery Impacted by Anti-Russia Measures

Nayara Energy's Vadinar refinery is the first in India to be impacted by Western sanctions against Russian oil exports, highlighting India's stance against unilateral sanctions and...

Business

EU Tightens Sanctions on Russia: Impact on Rosneft's India Refinery and Global Oil Markets

The EU's new sanctions target a Rosneft-owned refinery in India and adjust the Russian oil price cap, potentially benefiting India as a major consumer. However, uncertainties loom ...

Business

3M Reports a 1.4% Rise in Q2 Net Sales to $6.3 Billion Amidst Challenging Market Conditions

3M Company announced a 1.4% increase in Q2 net sales to $6.3 billion in 2025, despite a decrease in net income. CEO William Brown praised the company's strong performance and organ...

Business

Schlumberger Q2 2025 Earnings Report: Revenue Dips 6% Amid Market Challenges

Schlumberger reports a 6% revenue drop in Q2 2025 to $8.5 billion, with net income falling 9% to $1 billion. CEO Olivier Le Peuch comments on the challenging market dynamics affect...

Business

Chevron Triumphs in Arbitration, Paving the Way for a $53 Billion Hess Acquisition

Chevron wins a crucial arbitration ruling against ExxonMobil, allowing it to proceed with the $53 billion acquisition of Hess Corporation, including Hess's stake in Guyana's Stabro...

Business

American Express Q2 2025 Revenue Surges 9% to $17.9B Amid Record Card Member Spending

American Express reports a 9% revenue increase in Q2 2025 to $17.85 billion, with record card member spending. Despite a slight dip in net income and EPS, the company reaffirms its...

Business

BatX and Rocklink Forge Historic Partnership to Launch India's First Rare Earth Magnet Recycling Hub

BatX Energies and Rocklink GmbH partner to establish India's first rare earth magnet recycling hub, marking a significant step towards sustainable critical mineral value chain betw...

Business

Chevron Makes History with $53 Billion Hess Acquisition, Expanding Global Energy Dominance

Chevron Corporation has completed its $53 billion acquisition of Hess Corporation, marking one of the largest energy mergers. The deal includes a 30% stake in Guyana's Stabroek Blo...