Market Overview
Energy giant Shell has suspended its $3 billion share buyback initiative after reporting a decrease in quarterly profits, reflecting broader volatility in global energy markets and a strategic shift toward capital discipline.
BP has launched a sale process for its interests in the Tiber and Gila fields in the U.S. Gulf of Mexico, as the energy giant seeks to streamline its offshore assets and focus on high-value production hubs.
The International Labour Organization has established the first-ever global standards for the gig economy, aiming to improve working conditions, ensure fair pay, and clarify the employment status of millions of digital platform workers worldwide.
Investors are doubling down on global equity funds, marking a third consecutive week of net inflows as bargain hunters seize the opportunity to buy the dip following recent market corrections and shifting economic forecasts.
