Elon Musk’s $1 Trillion Tesla Pay Deal Faces Mounting Resistance October 29, 2025 — As Tesla’s shareholders prepare to cast their votes on November 6, the company’s $1 trillion compensation plan for CEO Elon Musk is drawing sharp criticism from labor unions, Democratic leaders, and corporate governance advocates. The proposal, which would mark the largest

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U.S. Tariffs to Trigger Higher Costs and Project Delays Across the Oil and Gas Sector October 29, 2025 — Sweeping new U.S. tariffs on metals and critical materials are expected to raise costs, delay key oil and gas projects, and disrupt supply chains in 2026, according to a new Deloitte report released Wednesday. The study

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Big Oil Braces for Modest Q3 Gains While Analysts Turn Focus Toward 2026 Energy Market Outlook HOUSTON/LONDON, Oct 29, 2025 — The world’s largest oil and gas companies — including Exxon Mobil, Chevron, Shell, TotalEnergies, and BP — are expected to post slightly higher third-quarter earnings as refining margins strengthen and oil prices stabilize, according

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India Plans $12 Billion Rescue Package for Debt-Ridden State Power Distributors NEW DELHI (October 29, 2025) — The Indian government is preparing a massive 1 trillion rupee ($12 billion) bailout plan aimed at rescuing the country’s debt-laden state-run power distribution companies (discoms) — one of the most ambitious reform efforts in the energy sector under

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Argentina Challenges $16.1 Billion YPF Ruling in U.S. Appeals Court NEW YORK (October 29, 2025) — Argentina will ask the 2nd U.S. Circuit Court of Appeals in Manhattan to overturn a $16.1 billion judgment awarded to minority shareholders of its state-controlled energy company, YPF S.A., following the country’s controversial 2012 nationalization of the oil giant.

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Indian Shares Rally as Global Sentiment Improves MUMBAI (October 29, 2025) — Indian equity markets gained ground on Wednesday, supported by rising optimism over a U.S. Federal Reserve rate cut and encouraging signals of a potential U.S.-China trade truce. Both benchmark indices — the Nifty 50 and BSE Sensex — advanced for a second consecutive

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Mercedes-Benz Beats Profit Margin Forecasts in Third Quarter 2025 BERLIN/FRANKFURT (October 29, 2025) — German luxury automaker Mercedes-Benz Group AG posted stronger-than-expected results for the third quarter of 2025, as a surge in premium model sales boosted margins and helped cushion the financial impact of restructuring costs and slowing Chinese sales. The company reported a

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Global Automakers Hit by New Semiconductor Shock October 29, 2025 (Reuters) — The global automotive industry faces a renewed semiconductor supply crisis as Nissan Motor Co. and Mercedes-Benz Group AG on Wednesday warned of potential production disruptions following an escalating trade conflict between China and the Netherlands over Dutch chipmaker Nexperia. The dispute, rooted in

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Big Tech’s Massive AI Spending Under the Microscope October 29, 2025 (Reuters) — The AI-fueled stock market rally that has pushed the S&P 500 to record highs faces a critical test this week as investors look to fresh capital spending updates from U.S. tech giants including Microsoft, Alphabet, Meta, and Amazon. These companies, collectively known

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Market Overview: Tech Stocks Lift Nasdaq and S&P 500 Futures October 29, 2025 (Reuters) — S&P 500 and Nasdaq futures rose slightly on Wednesday, driven by renewed optimism in the technology sector as Nvidia Corp. (NASDAQ: NVDA) edges closer to a historic $5 trillion market capitalization. Investors are also bracing for a Federal Reserve rate

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