Chevron to double Venezuela oil production with $7bn pledge
US major commits to expand its joint ventures as White House pushes for huge increase in production in the country
Economic news
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Burnham seeks to reassure bond markets amid public spending fears
Tory leader Kemi Badenoch accuses Labour leader of being unable to refuse spending requests in first Prime Minister’s Questions
A key tenet of US equity markets is under threat
SEC reforms risk the ability of investors to compare companies
Private payrolls rose by 38,000 in August, fewer than expected, ADP reports
Though job creation held positive, August was the smallest gain since January and reflective of a broader slowdown in the labor market.
Energy price surge hits bond markets as European gas reaches three-year high
US 10-year borrowing costs touch highest since 2023 as fears of return to full-blown Iran conflict rise
Japan’s borrowing costs hit 30-year high: what does it mean for global markets?
Move follows weeks of scrutiny of fiscal and monetary policies and rare Washington-Tokyo intervention in currency markets