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BP postpones oil demand peak prediction to 2030 from 2025

By Stephanie Kelly and Shadia Nasralla LONDON (Reuters) -BP said on Thursday it expects global oil demand to grow until 2030, five years later than its forecast a year ago, stressing slowed efforts to increase energy efficiency. The oil major’s latest ...
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Brazil’s central bank sees inflation still missing target in early 2028

SAO PAULO (Reuters) -Brazil’s central bank projected on Thursday that inflation will hover near the official goal in the first quarter of 2028, but still fail to meet it, according to the bank’s latest quarterly monetary policy report. After projecting ...
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What role does social media play in the rise of political violence? Experts weigh in

(SALT LAKE CITY) -- Minutes after publicly identifying the suspect in the fatal shooting of conservative activist Charlie Kirk, Republican Utah Gov. Spencer Cox condemned social media."Social media is a cancer on our society right now," Cox told reporters ...
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Bristol Myers to sell psoriasis drug at over 80% discount to some US patients

(Reuters) -Bristol Myers Squibb said on Thursday it will sell its psoriasis drug Sotyktu directly to cash-paying U.S. patients at a more than 80% discount to its list price amid pressure from the Trump administration. President Donald Trump has been ...
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Galliani turns down Monza presidency as club is sold to US fund

MONZA, Italy (AP) — Monza CEO and Vice President Adriano Galliani is leaving his boyhood club after American fund Beckett Layne Ventures completed the purchase of the Italian second-division club on Thursday. The closing of the sale — which was ...
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Starbucks to close stores, lay off 900 workers as part of turnaround plan

Starbucks is laying off around 900 non-retail employees and closing some U.S. and Canadian stores as it focuses more of its resources on a turnaround. The Seattle coffee giant will notify employees whose positions are being eliminated early Friday and ...
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He’s the budget scorekeeper for Congress. Lately, it’s been a tough job

WASHINGTON (AP) — Even for an agency accustomed to criticism, this summer’s debate over Republicans’ big bill of tax breaks and spending cuts was a harsh one for the Congressional Budget Office. “Notorious for getting it wrong,” was the judgment ...
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Morning Bid: More Fedspeak, more questions

By Anna Szymanski What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Wall Street looks set for a weak opening ahead of the bell on Thursday. Federal Reserve Chair Jerome Powell’s warning about stretched valuations has ...
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Accenture posts fourth quarter revenue above estimates

(Reuters) -Accenture on Thursday reported fourth-quarter revenue slightly above Wall Street estimates, driven by resilient demand from enterprise clients for its AI-driven consulting and services. Shares of the Dublin-based company were up 3.7% in choppy premarket trading. Businesses are scaling up ...
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Border Patrol agents ‘saved’ life of cyclist who fell 50 feet from cliff into remote canyon

(SAN DIEGO) -- Border Patrol agents in San Diego rescued an injured cyclist who fell more than 50 feet from a cliff and into a remote canyon, authorities said.On Saturday, San Diego Sector Border Patrol agents working in the ...
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ICE facilities on higher alert after deadly Dallas shooting, director says, as FBI investigates as ‘act of targeted violence’

(DALLAS) -- Acting Immigration and Customs Enforcement Director Todd Lyons said he would put all ICE facilities on a higher alert following a shooting at a Dallas field office on Wednesday which killed one detainee and critically wounded two ...
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Streaming is overtaking theaters for movie watchers, an AP-NORC poll finds

WASHINGTON (AP) — Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out to a theater, according to a new poll. About three-quarters of U.S. adults said they watched a ...
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