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TotalEnergies profits drop as prices slide
TotalEnergies profits drop as prices slide

TotalEnergies said Wednesday that its net profit fell in the first quarter despite expanding production, as a slide in global crude oil prices penalises the financial performance of energy firms. TotalEnergies boosted crude oil production by two percent from the first quarter of 2024, but that wasn't enough to compensate for nine percent drop in the international reference price.

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by  AFP

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Asian stocks dip as Santa snubs Wall Street
Asian stocks dip as Santa snubs Wall Street
by  AFP

Asian stocks ended the year in the red on Tuesday after worries about 2025 and profit-taking turned Wall Street's usual holiday-period "Santa Claus rally" into a mini-rout. Tokyo was shut on Tuesday, with the Nikkei 225 posting on Monday its best year-end close since Japan's asset bubble burst in the 1990s.

Venezuela fines TikTok $10 million over viral challenge deaths
Venezuela fines TikTok $10 million over viral challenge deaths
by  AFP

Venezuela's highest court on Monday fined TikTok $10 million in connection with viral challenges that authorities say left three adolescents dead from intoxication by chemical substances. According to Venezuelan authorities, three adolescents died and 200 were intoxicated in schools across the country after ingesting chemical substances as part of social media "challenges."

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