BP raises its dividend and boosts share buybacks after its profit rose to the highest since 2008
John SmithBP raises its dividend and boosts share buybacks after its profit rose to the highest since 2008. Opendoor Technologies shares fell after the FTC announced that the firm settled allegations over misleading potential home sellers in its marketing campaigns. Zimbabwe's central bank will offer 2,000 more gold coins to the public, a week after an initial sale saw "favorable uptake". Hong Kong's economy contracts for a second consecutive quarter, with the city facing mounting headwinds as interest rates rise and global trade weakens. Scientists in Belgium are investigating a farmer's claim that different styles of music affect the behavior of his pigs. The top US audit watchdog said that talks with Beijing to stave off the delisting of almost 200 Chinese companies from the American stock market must result in complete access for American inspectors. Sam Bankman-Fried, the 30-year-old billionaire founder of FTX, is using this moment of crypto carnage to expand his already vast empire. Banks, commodities lift UK's FTSE 100. American farmers would get more incentive to pursue additional sustainable agricultural methods under Senate Democrats' $370 billion climate spending package. 'You won't go through the desert . there won't be any danger,' Adriana Gonzalez recalled hearing the smuggler tell her husband over the phone before he left. 'The trip you have is guaranteed, 100% safe' 5\/6 . The city of Munich restarts oil-fired power generation capacity as it works to reduce its consumption of natural gas. There's a Chinese megacity where masks are rare and clubs are packed and it illustrates why Xi is staying the course with Covid Zero. Return to nuclear deal remains the best outcome for U.S., Iran, the world - Blinken. Pinterest shares jumped after posting resilient sales in the face of concerns the uncertain economy would curb digital advertising, while its user numbers beat analysts' estimates. Dubai's cash-based crypto trading shops are gaining popularity as bank rules and sanctions tighten. The euro, already beaten down this year to the lowest in two decades, remains an unloved currency stuck under relentless pressure. South Africa's ruling party plans to discuss expanding the central bank's mandate to help deal with chronic unemployment and boost the inclusion of Black people in the financial sector. Rishi Sunak, trailing in the race to become the next UK prime minister, committed to reducing personal taxes by 20% within seven years. US shale drillers are expected to post record second-quarter profits in coming days, reversing nearly a decade of debt-fueled losses. A team of workers unfurled a giant Swiss flag on an Alpine cliff to mark the country's national day. Tech firm W3BCLOUD to go public via $1.25 billion SPAC deal. UK prime minister hopefuls feud over tax and spending plans. Hundreds of firefighters battle blaze near Lisbon. 'Ukraine's greatest friend,' UK's Truss pledges more support for Kyiv. August and September are historically the two worst months for the S&P 500 Index. Job number one for the next UK prime minister could be making sure British people don't freeze in the homes next winter. Biden can't control gas prices the same way Trump didn't move the stock market. That didn't stop them from tweeting about it. Penny Mordaunt calls Liz Truss the "hope candidate", making a surprise return to the Tory leadership race to endorse her former rival. The financial sector is hooked on deposit betas right now. It's a key reason banks are profiting big from inflation. McKeon and Le Clos make history in Birmingham pool. Ex-Treasury Chief Lawrence Summers said he was concerned the Fed is still engaging in "wishful thinking" about how much it will take to bring inflation down from four-decade highs. Wells Fargo reinstates diverse slate hiring policy following June pause. RBI to raise rates in August but no consensus on size of hike: Reuters poll. China's Alibaba strives to keep New York listing amid audit dispute. Pakistan imports fall sharply in July, to help rupee stabilise - finance minister. Starting at 10 p.m. tonight, New York City's 2,000 speed cameras will be operating 24 hours a day, seven days a week. Infrastructure advisers are calling for a national hosepipe ban and compulsory water metering as the nation braces for drought. A coalition of community groups is asking the judge overseeing Puerto Rico's bankruptcy to withhold additional payments to McKinsey, alleging the firm has conflicts of interest that it failed to fully disclose. Crypto platform Zipmex files for bankruptcy protection in Singapore. Sony fell as much as 7% after the tech giant trimmed its profit outlook, reflecting the impact of recession fears on the global gaming industry. The city of Zaruma is sitting on top of one of the richest gold deposits in the world. As illegal miners run rampant underground, the city is collapsing into their sinkholes. Australia, one of the world's biggest natural gas suppliers, should move to curb exports to avoid a domestic fuel crunch, warned the nation's competition watchdog. "Let it rot" is the new "lying flat" for young Chinese people facing record unemployment. Fast-moving wildfire in northern California forces residents to evacuate. Chilean authorities have started investigating a mysterious sinkhole about 82 feet in diameter that appeared over the weekend in a mining area in the north of the country. Haq calls out Scotland players for 'deafening silence' after racism report. The Reserve Bank of India may go for a lower-than-expected rate hike on Friday as policy makers await more data on price pressures, according to TS Lombard. Indian Finance Minister Nirmala Sitharaman said authorities are attempting to ease the country's inflation rate below 7%, after rising prices have consistently breached the central bank's target this year. The head of Myanmar's junta blamed instability for stalling efforts to implement a peace plan agreed with other Southeast Asian countries as he extended emergency rule for another six months . "The bombing could restart any day." Inside Ukraine's fight to rebuild its economy while the war with Russia drags on. Hong Kong will report a contraction in GDP in the second quarter, Financial Secretary Paul Chan says. Are we in a recession. Here's what you need to know. Western Nebraska Wildfire Prompts Evacuations, Burns Homes. FACTBOX-Monkeypox cases around the world - Reuters News. S.Korea's new government to streamline public organisations. China's economy weakened further in July amid a resurgence in Covid outbreaks, China Beige Book International says, warning that market optimism about a rebound is misplaced. England players gatecrash coach's conference after Euros win. Gold investors face bind over bars from tarnished Russia. Wall Street ends down after biggest month since 2020. Handling multiple bosses isn't that different from managing multiple lovers. UK TV presenter Kate Garraway reveals the cause of her husband Derek Draper's return to hospital was "life-threatening" sepsis. Monkeypox can spread by touching infectious sores or lesions. That's raising concerns about one group particularly prone to viruses: kids.. UK inflation expectations fall again as BoE nears rates decision. Liz Truss said there would not be another referendum on Scottish independence on her watch if she wins the UK Conservative Party's leadership contest, while rival Rishi Sunak pledge to tackle a backlog in the NHS. Dumps, landfills and waste sites in India, Pakistan and Bangladesh are huge emitters of methane, a potent greenhouse gas. Elon Musk says in Twitter posts that inflation might be trending down, noting that more Tesla commodity prices are trending down than up. A regulatory breakthrough is expected to slash costs for investors trading over-the-counter derivatives in China, the latest step in opening up the nation's capital markets to foreign investors.