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The Luxembourg-based company said its EBITDA increased by 34.6 percent at $1.96 billion, higher than the company's forecast of $1.81 billion. Sales in the first quarter were 11.9 percent higher at $16.3 billion compared to $14.6 billion in 4Q2023, reflecting higher average steel selling prices

Altria Group Plans to Sell Part of Anheuser-Busch Stake Altria Group plans to sell 18%, or over $2 billion worth, of its large stake in Anheuser-Busch InBev in a secondary offering as it looks...

Oil prices were broadly steady on Tuesday, hovering close to three-week highs on heightened Middle East tensions and...

Oil prices have been continuously moving lower since the end of September. Crude oil prices, in particular, fell more than 20% in less than 2 months.

Brent futures were down 70 cents at $80.48 a barrel by 1250 GMT. U.S. West Texas Intermediate crude (WTI) shed 65 cents to $76.01. Both benchmarks fell more than 1.5% in the previous session.

Oil prices fell as fresh data also showed that the US continued to churn out a record 13.2 million barrels of crude a day.

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Oil prices in the near term are overbought on the charts but the momentum is on the higher side, say market experts. They believe that if Chinas demand comes back strong then the crude could spike to $100, but not stay there as India and the US are headed to elections soon

The CSI 300 stock index initially rallied 5.5% on Monday, but later pared gains to just 1.2%.

Oil prices ease on US interest rate hike concerns, but supply cuts from Saudi Arabia and Russia limit losses. CPI data and China reports to impact market