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Oil giant BP reports drop in third-quarter net profit
Oil giant BP reports drop in third-quarter net profit
by  AFP

Britain's BP on Tuesday announced a sharp fall in net profit for the third quarter, with the oil and gas giant hit by weak oil trading and refining margins. Profit after taxation slumped to $206 million in the three months to September, after a net profit of $4.9 billion in the same period in 2023, BP said in a results statement.

Asian shares rise as markets await tech results
Asian shares rise as markets await tech results
by  AFP

Asian markets mostly rose Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans this week. Investors are also eyeing the earnings reports of major tech companies this week including Google parent Alphabet, Amazon, Apple, Facebook-parent Meta, and Microsoft.

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