Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron produced 1.57 million barrels of oil equivalent daily in the U.S. for the quarter, an increase of 35% over the same period last year.
-
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.
-
Treasury yields ease slightly ahead of key inflation data
U.S. Treasury yields fell on Friday as investors digested Thursday’s gross domestic product report and looked ahead to the release of key inflation figures.
-
Anglo American rejects BHP's $39 billion takeover bid to form mining juggernaut
Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer “significantly undervalues” the company and its prospects.
-
China's Xi says the U.S. needs to accept Beijing's rise for bilateral relations to improve
U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday.