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The Latest Breaking News from Derren Nathan

Oil Giant BP Surprises With Better Than Expected Earnings

Oil giant BP, which recently pivoted away from green energy, posted Tuesday better-than-expected quarterly earnings and announced a fresh review of costs.

International Business Times

Global stock markets under pressure after Trump’s latest tariff blow

US President has signed an executive order setting new tariffs on a raft of US trading partners, which will take effect on August 7.

Evening Standard

Shell profits down nearly a third after drop in gas prices

Fall to $4.26bn profit in second quarter beats City forecasts and oil firm says it will continue to buy back shares

The Guardian - UK

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Wegovy maker Novo Nordisk cuts profit forecast as US prescriptions tail off

Slowdown will deepen concerns Denmark’s biggest company is losing market share to US rival Eli Lilly

The Guardian - UK

BP Profit Drops 70% Amid Pivot Back To Oil And Gas

Britain's BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major overhaul back to its fossil fuel business.

International Business Times

Currys could reveal Black Friday boost or Budget hit in interim results

The retailer will announce its half-year results after analysts said recent Budget tax rises could put a dent in its recovery.

The Independent UK

Shell welcomes Dutch court’s decision to overturn landmark climate ruling

The Court of Appeal in the Hague overturned the 2021 ruling that ordered Shell to cut emissions by 45% by 2030 compared to 2019 levels.

Evening Standard

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GSK sales hampered by slump in demand for key vaccine

The drugmaker said sales of Arexvy fell sharply in the third quarter, but cancer and HIV treatments saw a stronger performance.

Evening Standard

Stock Market Today: Nasdaq Hits New High Ahead of Alphabet Earnings

The Google parent is one of several mega caps reporting earnings this week, with results due out after Tuesday's close.

Kiplinger

BA to hire 350 staff at Heathrow to avoid summer chaos – as it happened

Airline expects this summer to be its busiest since the pandemic and will hire people in customer services and ground handling

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