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US revokes visa of Brazilian ambassador over diplomatic dispute, official says

US revokes visa of Brazilian ambassador over diplomatic dispute, official says

By Simon Lewis and Humeyra Pamuk WASHINGTON, Aug 4 (Reuters) - The United States has revoked the visa of Brazil's ambassador in Washington over Brazil withholding formal diplomatic approval of the Trump administration's appointed ambassador to Brasilia and denying visas to several U.S. diplomats, a
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Palantir lifts annual revenue forecast as data analytics spending booms

Palantir lifts annual revenue forecast as data analytics spending booms

Aug 3 (Reuters) - Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong demand for its data analytics software from government and commercial clients, sending its shares up 8% in extended trading.
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Big oil companies continue to post banner profits as fighting in Iran drives prices higher

Big oil companies continue to post banner profits as fighting in Iran drives prices higher

Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher
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Oil prices ease on Hormuz reopening hopes

Oil prices ease on Hormuz reopening hopes

By Nicole Jao NEW YORK, Aug 5 (Reuters) - Oil prices edged lower on Wednesday on revived expectations of a de-escalation in Iran war hostilities that could restore shipping traffic in the Strait of Hormuz and oil flows in the Middle East. 
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Glencore's energy trading profits soar on Iran war

Glencore's energy trading profits soar on Iran war

By Robert Harvey LONDON, Aug 5 (Reuters) - Glencore earned 66 times more from energy trading in the first half of 2026 than it did a year earlier, joining other major commodity traders profiting from market turmoil created by the Iran war.
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Caterpillar raises 2026 revenue growth target after quarterly profit beat

Caterpillar raises 2026 revenue growth target after quarterly profit beat

Aug 4 (Reuters) - Caterpillar raised its revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment.
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AstraZeneca held talks with Bristol Myers Squibb on $400 billion megadeal, source says

AstraZeneca held talks with Bristol Myers Squibb on $400 billion megadeal, source says

By Sabrina Valle and Michael Erman Aug 2 (Reuters) - AstraZeneca Plc and Bristol Myers Squibb held preliminary discussions about a possible combination that would create one of the world's biggest pharmaceutical companies with a combined value of nearly $400 billion, according to a person familiar
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AstraZeneca investors balk at prospect of $400 billion Bristol Myers pharma deal

AstraZeneca investors balk at prospect of $400 billion Bristol Myers pharma deal

By Maggie Fick LONDON, Aug 3 (Reuters) - AstraZeneca investors punished the pharmaceutical firm on Monday over reports of merger talks with U.S. rival Bristol Myers Squibb that could make one of the world's biggest drugmakers with a combined value of nearly $400 billion.
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Factbox-Trump undertakes sweeping makeover of the White House and Washington

Factbox-Trump undertakes sweeping makeover of the White House and Washington

By Steve Holland and Trevor Hunnicutt WASHINGTON, Aug 3 (Reuters) - U.S. President Donald Trump is pursuing an ambitious remaking of Washington, with plans for projects ranging from a new White House ballroom to a 250-foot (76 m) arch and a recast Kennedy Center.
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Oil prices drop 5% to three-week low after Trump cancels attack on Iran

Oil prices drop 5% to three-week low after Trump cancels attack on Iran

By Scott DiSavino NEW YORK, Aug 3 (Reuters) - Oil prices fell about 5% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.
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Oil falls, stocks gain amid Iran peace hopes; yen firms after intervention

Oil falls, stocks gain amid Iran peace hopes; yen firms after intervention

By Caroline Valetkevitch and Nell Mackenzie NEW YORK/LONDON, Aug 3 (Reuters) - Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention
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Yen holds gains after Japan, US confirm joint intervention, signal more action

Yen holds gains after Japan, US confirm joint intervention, signal more action

By Makiko Yamazaki and Leika Kihara TOKYO, Aug 3 (Reuters) - The Japanese yen held gains above recent 40-year lows on Monday after Japan and the United States launched a rare joint yen-buying intervention and vowed to take further action if needed to shore up the currency.