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Noontime News Recap: Deadly fires, floods and strikes hit multiple regions as BP and Palantir beat forecasts

Russian and Ukrainian strikes overnight have killed civilians on both sides of the border, while also hitting logistics sites, according to regional officials and local authorities. đź”—In Crimea, Russian installed officials said four people were killed when a soldier opened fire in the village of Khmelnytske, and three others were wounded as the investigation continues. đź”—In Ethiopia, 14 people were killed when a landslide struck Tsadqane D monastery in the northern Amhara region during an overnight prayer service, according to local reports. đź”—Severe weather has also caused fresh loss of life in Asia, where Sri Lanka has closed schools in... [Continue Reading]

360LiveNews Recap 360LiveNews Recap | 04 Aug 2026 12:21 LONDON
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BP reports four-year-high profits as Middle East war pushes up oil prices BP reports four-year-high profits as Middle East war pushes up oil prices

BP reports four-year-high profits as Middle East war pushes up oil prices

BP has reported quarterly profits of $5.73bn, its highest in four years, after the war in the Middle East drove up oil prices. The oil company said Brent crude averaged $103.85 a barrel in the April-to-June period, compared with $67.88 in the same quarter a year earlier. The rise in crude prices has also fed through into higher petrol, diesel and household energy costs in many places.The profit figure was more than double the $2.35bn BP made in the same period last year. It was also the company's strongest quarterly result since the start of the Russia-Ukraine war in 2022.... [Continue Reading]

360LiveNews 360LiveNews | 04 Aug 2026 10:30 LONDON
European markets open higher as oil slumps, euro and sterling firm, and autos lead the rally European markets open higher as oil slumps, euro and sterling firm, and autos lead the rally

European markets open higher as oil slumps, euro and sterling firm, and autos lead the rally

Executive summary: European equities opened broadly stronger, with the Euro Stoxx 50, DAX and CAC 40 all advancing more than 2% while Brent crude dropped sharply and the dollar weakened against the euro and pound. The move points to a classic risk-on start for the region, helped by lower energy costs and a softer USD/JPY, although the FTSE 100 lagged slightly in early trade. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 04 Aug 2026 08:15 LONDON
Europe closes higher as oil slumps, DAX leads broad risk rally, euro and sterling firm Europe closes higher as oil slumps, DAX leads broad risk rally, euro and sterling firm

Europe closes higher as oil slumps, DAX leads broad risk rally, euro and sterling firm

Executive summary: European equities finished higher, led by Germany’s DAX, as a sharp drop in Brent crude eased pressure on risk assets and helped support autos, metals and broader cyclicals. The move came alongside a weaker dollar, firmer euro and sterling, and gains across the Euro Stoxx 50, CAC 40 and FTSE 100. Gold also advanced, while silver slipped and USD/JPY fell sharply, underscoring a session dominated by commodity, FX and rate-sensitive moves. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 03 Aug 2026 16:45 LONDON
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Europe Opens Higher as Yen Intervention, Softer Oil and Strong Metals Shape the Risk Tone Europe Opens Higher as Yen Intervention, Softer Oil and Strong Metals Shape the Risk Tone

Europe Opens Higher as Yen Intervention, Softer Oil and Strong Metals Shape the Risk Tone

Executive summary: European equities opened firmer, with the DAX, Euro Stoxx 50, CAC 40 and FTSE 100 all in the green. The biggest cross-asset move is in USD/JPY, which has dropped sharply after reports of coordinated yen support, while gold, platinum and palladium are rallying and Brent crude is softer. The mix points to a market leaning toward lower energy costs, stronger precious metals and a more cautious FX backdrop as traders assess intervention risk and the next macro catalyst. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 03 Aug 2026 08:15 LONDON

Day News Recap: Trump pauses Iran strikes as Gaza, Ukraine and Moscow tensions deepen

Donald Trump said he was cancelling or halting threatened strikes on Iran if a deal can be reached quickly, after signalling a framework tied to Hormuz and nuclear terms and saying the situation remained unresolved. A separate report said Saudi Crown Prince Mohammed bin Salman had urged him to prioritise dialogue as the White House paused planned strikes. đź”— đź”— đź”—In Gaza, the Board of Peace faced renewed criticism after Trump said Hamas had agreed to disarm and move to the next phase of the ceasefire process, while Israeli strikes overnight killed at least eight people in residential areas. Gaza... [Continue Reading]

360LiveNews Recap 360LiveNews Recap | 02 Aug 2026 18:26 LONDON

Breakfast News Recap: Trump pauses Iran strikes as Gaza toll rises and Moscow blast kills three

Donald Trump said he had cancelled or held off planned US strikes on Iran, saying progress toward a deal meant American forces should stand down for now. He linked the move to a rapid agreement and said the issue was tied to nuclear terms and the Strait of Hormuz. đź”— đź”— đź”—In Gaza, Israeli strikes hit residential buildings overnight and killed at least eight people, while civil defence teams said they had recovered 112 bodies from rubble in Sabra, in Gaza City. The violence came as ceasefire talks continued and the humanitarian toll mounted further. đź”— đź”—In the occupied West... [Continue Reading]

360LiveNews Recap 360LiveNews Recap | 02 Aug 2026 08:38 LONDON
Trump administration subpoena over North Korea reporting draws press freedom criticism Trump administration subpoena over North Korea reporting draws press freedom criticism

Trump administration subpoena over North Korea reporting draws press freedom criticism

The Trump administration has issued a subpoena to freelance reporter Matthew Cole over his reporting on a secret 2019 US military mission in North Korea, according to the New York Times. The newspaper said the subpoena was delivered by Federal Bureau of Investigation agents in February, but the matter has only now become public. The case adds a new legal dispute between the administration and journalists over source protection and national security reporting.Cole was identified by the newspaper as the target of the subpoena on Saturday. He had worked with the paper's national correspondent, Dave Philipps, on an investigation published... [Continue Reading]

360LiveNews 360LiveNews | 02 Aug 2026 01:32 LONDON
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Shell profits double as oil prices rise after Iran war disrupts energy supplies Shell profits double as oil prices rise after Iran war disrupts energy supplies

Shell profits double as oil prices rise after Iran war disrupts energy supplies

Shell has reported a sharp rise in second-quarter profits after the Iran war pushed up oil prices and disrupted global energy supplies. The company said earnings for the April-to-June period reached $9.84bn, more than double the $4.26bn recorded a year earlier. The increase came as the conflict affected flows of oil and liquefied natural gas through the Strait of Hormuz, a key route for global energy shipments.Chief executive Wael Sawan said Shell's operational performance had delivered very strong results during what he described as another quarter of severe disruption in global energy markets. The company also said its first-half earnings... [Continue Reading]

360LiveNews 360LiveNews | 30 Jul 2026 09:09 LONDON
Turkiye and Iraq announce new energy cooperation tied to Kirkuk oilfield stake Turkiye and Iraq announce new energy cooperation tied to Kirkuk oilfield stake

Turkiye and Iraq announce new energy cooperation tied to Kirkuk oilfield stake

Turkiye and Iraq have announced a new energy cooperation framework that includes a Turkish stake in the Kirkuk oilfield and a possible increase in Iraqi oil supplies to Turkiye. The announcement was made in Ankara during a joint news conference between Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Ali al-Zaidi. It comes as the long-running Iraq-Turkiye crude oil agreement expired on 27 July.Erdogan said state-owned Turkish Petroleum will acquire a 15% stake in BP Energy Company of Kirkuk Limited under a separate share-transfer agreement. He also said al-Zaidi had offered to supply Turkiye with up to 1 million... [Continue Reading]

360LiveNews 360LiveNews | 29 Jul 2026 03:00 LONDON
Dubai Property Market Faces Litmus Test as Nakheel Waterfront Investors Await Final Judicial Verdict

Dubai Property Market Faces Litmus Test as Nakheel Waterfront Investors Await Final Judicial Verdict

Hundreds of international and local investors who purchased land plots in Nakheel’s massive "Waterfront" project nearly two decades ago are holding their breath. Following the official cancellation of the project by the Dubai Land Department and its integration under Dubai Holding, a special judicial committee appointed by His Highness Sheikh Mohammed bin Rashid Al Maktoum has been tasked with resolving the liquidation and settling investor claims. ​Because the decisions of this specialized committee are legally binding and final, with no avenue for appeal, the upcoming rulings are being viewed as a critical turning point for the regulatory reputation of Dubai's... [Continue Reading]

360LiveNews-Opinion 360LiveNews-Opinion | 28 Jun 2026 09:20 LONDON
The Ghosn Paradox The Imperial Savior, His Cinematic Escape, and the Desperate Call to Salvage a Crumbling Nissan

The Ghosn Paradox The Imperial Savior, His Cinematic Escape, and the Desperate Call to Salvage a Crumbling Nissan

The Man Who Defied Corporate Gravity Few corporate sagas in modern history possess the cinematic drama, geopolitical friction, and sheer psychological tension as the rise and fall of Carlos Ghosn. Once lauded as the ultimate transnational executive, a multi-lingual titan capable of bridging disparate business cultures, Ghosn became the absolute center of a global firestorm. His story cuts through the pristine facade of global corporate governance to reveal a messy underbelly of nationalism, legal vulnerability, and strategic failure. Rebuilding an Empire from the Ashes of Bankruptcy The mythos of Carlos Ghosn began in 1999. Nissan, one of Japan's proudest manufacturing... [Continue Reading]

360LiveNews-Opinion 360LiveNews-Opinion | 27 Jun 2026 08:19 LONDON
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Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative

Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative

“When fear is managed carefully enough, a nation can be taught to look away from the blood on the floor and stare instead at the shadow on the wall.” A friend of mine, whose name I will not reveal because he asked me not to, sat across from me over dinner and placed a question on the table that would not leave me alone. He was born into a Muslim Shia background, and for the angle of this article, that detail matters, not because I wish to reduce a man to a sect, but because sect has become one of... [Continue Reading]

360LiveNews-Opinion 360LiveNews-Opinion | 23 May 2026 08:00 LONDON
GAS, GOD, AND GUNS: The Secret Agenda Behind the Washington Talks and the Death of the Maritime Border

GAS, GOD, AND GUNS: The Secret Agenda Behind the Washington Talks and the Death of the Maritime Border

The mahogany tables of the U.S. State Department are hosting a ghost today. As official delegations from Israel and Lebanon convene for a third round of high-stakes negotiations this Friday, May 8, 2026, the air in Washington is thick with the scent of a "peace" that looks increasingly like a strategic ambush. While the world watches the diplomatic theatre, the reality on the ground in Southern Lebanon tells a story of a predatory recalibration. Prime Minister Netanyahu isn’t just looking for a ceasefire; he is aiming to hit three birds with one single, devastating stone: the annexation of land, the... [Continue Reading]

360LiveNews-Opinion 360LiveNews-Opinion | 08 May 2026 12:29 LONDON
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