Hochstein: Markets Should Be Cognizant of Strike Risk (Video)
Related Stories
Brookfield targets $27 billion AI data center at power station. Energy firm Drax surges 8%
Brookfield is targeting a massive artificial intelligence data center in the north of England, as Europe scrambles to develop infrastructure to support the rollout of AI amid high energy and land costs. Energy company Drax Group said Tuesday it has signed an agreement with Brookfield and the asset manager's neocloud platform Radiant to jointly develop an AI data center on the Drax Power Station estate in North Yorkshire. London-listed shares of Drax were up 8.2% in early morning trading.
SBI’s Strong Loan Growth Drives Second-Quarter Profit Beat
SBI’s Strong Loan Growth Drives Second-Quarter Profit Beat State Bank of India reported better-than-expected profit in the fiscal second quarter, as the country’s biggest lender by assets saw strong credit growth. Net income at the Mumbai-based lender grew 14% from a year earlier to 230.4 billion rupees ($2.4 billion) in the three months ended Sept. 30, beating market estimates of 226.19 billion rupees, according to an exchange filing on Tuesday.
Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings
Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer serviceBusiness live – latest updatesVirgin Media O2 is to cut thousands of jobs in an £800m cost-cutting drive as the telecommunications company aims to tackle its £22bn debt pile. VMO2, which is jointly owned by Liberty Global and Telefónica, said £300m of the savings target will come from job cuts that will reduce the company’s employee wage bill by 30% over the next two years.
Eyesan: Strong Interest in New Nigerian Oil Blocks
Horizons Middle East and Africa Nov 3rd, 2026 Eyesan: Strong Interest in New Nigerian Oil Blocks Nigeria is offering 40 deepwater, shallow water and onshore blocks as it seeks to attract investment in its oil industry. Nigerian Upstream Petroleum Regulatory Commission Chief Executive Oritsemeyiwa Eyesan spoke to Bloomberg’s Abeer Abu Omar about plans to accelerate operations and development.