OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025 and raised its economic growth forecasts for both years saying there was further upside potential.
Qantas Airways’ chartered flights unit said on Tuesday its pilots will now be on strike for six days starting this Wednesday, instead of the planned three days, as they continue their demand for higher pay.
Carbon capture is not a solution for the energy transition and political leaders need to provide real, non-greenwashed, commitments to encourage investment, Andrew Forrest, executive chairman of Fortescue Metals, said on Tuesday.
Biogen missed Wall Street estimates for fourth-quarter profit on Tuesday following its decision last month to return the rights for Alzheimer’s disease drug Aduhelm and on soft sales of multiple sclerosis drug Tecfidera.
Hasbro posted a steeper-than-expected drop in holiday-quarter sales and profit on Tuesday as a persistent demand weakness in the toy industry weighed on revenues of its digital and board games, sending its shares down 13% in premarket trading.