News

The final value of the US S&P Global Services PMI for September will be released in ten minutes.

ExxonMobil's Vice President of Global Exploration: We conduct seismic surveys in Guyana every year and can obtain images within weeks, whereas previously it took 18 months.

U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.1%, the S&P 500 up 0.07%, and the Nasdaq Composite up 0.1%. Leading tech stocks were mixed: Intel (INTC.O) fell 2.8%, while TSMC (TSM.N) rose 1.1% after reports that it was in discussions with Musk's Terafab regarding a potential collaboration; Nvidia (NVDA.O) rose 0.6%. Vaxcyte surged 53% after its pneumococcal vaccine reached late-stage clinical trial goals.

Ardill, Vice President of Global Exploration at ExxonMobil: By the end of this year, our oil production in Guyana will exceed 1 million barrels per day and will continue to grow.

Kuwait Petroleum Corporation (KPC) CEO: We are in discussions with our European partners and have told them that we need logistical capabilities, including refined petroleum product storage facilities.

According to CBS News: Former U.S. House Speaker Dennis Hastert has died at the age of 84.

ASUS has announced a major Amazon Prime sale with discounts up to 54%.

Chevron (CVX.N): Jeff Gustavson will become Chief Financial Officer. Eimear Bonner has been appointed President of Oil Products and Gas.

UBS Group: Lowered its price target for U.S. Bancorp (USB.N) to $64 from $66. It also lowered its price target for Wells Fargo (WFC.N) to $102 from $104.

U.S. Agriculture Secretary: President Trump will announce more relief measures today.

S&P Global Ratings: Nike (NKE.N) is undergoing a lengthy business transformation and is expected to experience a significant decline in cash flow.

S&P Global Ratings downgraded Nike's (NKE.N) credit rating to "A" with a "negative" outlook.

Market news: Citigroup (C.N) has shortened the duration of its investment banking analyst program to two years.

Critical Metals shares surged 12% in pre-market trading after the company received approval from Greenland for mining and closure plans at its Tanbreez project.

The Federal Aviation Administration (FAA) has lifted the grounding order at Atlanta airport, stating that the problem has been resolved.

According to Sky News, negotiations between Sainsbury's and Morrisons are believed to have ceased.

According to Sky News, British supermarket chain Sainsbury's held talks with Morrisons earlier this year regarding a merger.

British police say 12 people have been arrested and remain in custody after a disorderly conduct incident in Gosport on Sunday.

The Federal Aviation Administration (FAA) issued a grounding order in Atlanta due to equipment malfunction.

According to flight tracking website Flightradar24, British Airways flight BA295 issued a 7700 emergency code en route from London to Chicago and descended to an altitude of 9,000 feet over Ireland.