Markets and investing
Lufthansa’s Q3 Results Meet Expectations, but Fuel Costs Weigh on Performance
Lufthansa’s third-quarter results were in line with expectations, while high jet fuel costs remained a drag, according to the available report.
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Markets and investing
Wall Street Leaders Dismiss Fears That AI Boom Is in a Bubble
Executives from Goldman Sachs, Franklin Templeton and Morgan Stanley said the AI boom has not reached bubble territory. Pimco’s chief said rising sector debt has not yet distorted broader credit markets.
Markets and investing
China Soybean Oil Inventories Reach Record Highs Amid Weak Demand
Soybean oil stocks in China have climbed to unprecedented levels as increased crushing activity outpaces sluggish consumer consumption.
Markets and investing
Middle East Oil Markets Signal Surplus as Flows Increase
For the first time since July, Middle East oil markets are showing signs that near-term supply is exceeding demand, a shift linked to increased tanker movements through the Strait of Hormuz following a temporary US-Iran ceasefire.