Funding & Business
Exxon Sees $1.5 Billion Earnings Hit From Lower Oil, Gas Prices
Exxon Mobil Corp. expects lower oil and gas prices to reduce the company’s earnings by about $1.5 billion as a volatile quarter for commodity prices weighs on second-quarter profits.
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Bangladesh will hold further negotiations with the United States to push for deeper tariff cuts, even as US President Donald Trump slapped a 35% levy on goods from the South Asian nation.
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Australia wants to leverage its role as a potential alternative source for critical minerals as China tightens its grip over the supply of rare earths.
Vlado Vivoda of the Sustainable Minerals Institute says Canberra’s window to shape the next phase of global supply chains is open, but it won’t be forever. He spoke about Australia’s “once-in-a-generation opportunity” on ‘Bloomberg: The Asia Trade’. (Source: Bloomberg)
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FTSE 100 Live: UK Stocks Set to Slip as Trump Tariff Deadline Nears
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