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BP's chief financial officer expects total financial obligations to fall to between $33 billion and $35 billion by the end of the year.

2026-10-30

BP's chief financial officer expects total financial obligations to fall to between $33 billion and $35 billion by the end of the year.

Other News
2026-10-30

The UK Competition and Markets Authority (CMA) will launch an investigation into concerns that the terms and conditions of Meta Platforms (META.O) unfairly harm the interests of news publishers and other content businesses.

The UK Competition and Markets Authority (CMA) will launch an investigation into concerns that the terms and conditions of Meta Platforms (META.O) unfairly harm the interests of news publishers and other content businesses.
2026-10-30

Intel (INTC.O) guided Q4 revenue at $15–16bn vs analysts' average ~$17bn (some >$18bn) and forecast adjusted EPS of $0.25 vs Street $0.43. Management cited a sharp drop in PC-processor demand and difficulty capturing rapid demand for high-margin data

Intel (INTC.O) guided Q4 revenue at $15–16bn vs analysts' average ~$17bn (some >$18bn) and forecast adjusted EPS of $0.25 vs Street $0.43. Management cited a sharp drop in PC-processor demand and difficulty capturing rapid demand for high-margin data-center components. OEM laptop and desktop makers are being hit by memory shortages and surging component costs; management said rising memory prices are a major challenge likely to persist through 2027. Intel now expects the PC market downturn to last at least into 1H 2027, projecting a 12% decline in 2026 followed by a further ~10% drop next year. Shares fell about 22% in after-hours trading.
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