Alstom has secured a €270 million contract from the Victorian Government to build 25 additional X’trapolis 2.0 trains, increasing the total fleet to 50. These energy-efficient electric trains feature 60% local content, supporting Victoria's rail manufacturing industry and preserving skilled jobs. The trains offer improved accessibility and capacity, replacing older models from the 1980s. This order highlights ongoing investment in sustainable urban transport infrastructure in Victoria, with production continuing at Alstom’s local facilities.
Ed Stafford, famed explorer and Discovery Channel host, has become a global owner of the JETOUR G700 SUV, marking a partnership to co-produce Season 2 of JETOUR’s Adventure of Extremes. The vehicle handover ceremony was held with top executives from ...
BP's second-quarter profits more than doubled to $5.7 billion, driven by soaring oil and gas prices and stronger refining margins, despite lower production and increased exploration write-offs. Operating cash flow rose 73% to $10.9 billion, and net d...
The US intervened to support the Japanese yen by selling euros instead of dollars to avoid destabilizing Treasury markets. This move weakened the dollar against the euro, which recently hit a two-month high. Meanwhile, Amazon's market cap surpassed $...
OPEC+ approved a 188,000 barrels per day production increase for September, ending voluntary cuts made earlier this year. However, tensions and conflicts in the Middle East continue to disrupt supply routes, maintaining a risk premium on oil prices. ...
HSBC reported a 23% increase in first-half 2026 pre-tax profit to $19.5 billion, boosted by growth in net interest income and its wealth business, especially in Hong Kong. The bank's second-quarter profit jumped 60% to $10.1 billion, surpassing estim...
