Animal diagnostics maker IDEXX Laboratories on Monday forecast 2026 revenue and profit above Wall Street estimates, betting that resilient demand at veterinary clinics and higher testing per visit wil... ...

Kuwait's oil minister Tariq Al-Roumi told Reuters on Monday that he expects tenders for the Durra oil and gas field project, in cooperation with Saudi Arabia, to be launched this year. ...

Core Viewpoint - Norway's Equinor has agreed to sell its onshore business in Argentina's Vaca Muerta basin to Vista Energy for a total of $1.1 billion, with half of the payment made in cash and the other half in Vista shares [1] Group 1 - The sale price of $1.1 billion reflects Equinor's strategic decision to divest from its onshore operations in Argentina [1] - The transaction structure includes a combination of cash and equity, indicating Vista Energy's confidence in its future growth potential [1] - Vaca Muerta basin is known for its significant shale oil and gas reserves, making it a key area for investment in the energy sector [1]

Core Viewpoint - The U.S. Food and Drug Administration has declined to approve Aquestive Therapeutics' oral drug for severe allergic reactions, indicating a setback for the company in its product development efforts [1] Company Summary - Aquestive Therapeutics has faced a significant regulatory hurdle as the FDA did not approve its oral drug intended for treating severe allergic reactions, which may impact the company's future revenue and market position [1]

Core Viewpoint - U.S. shale producers Devon Energy and Coterra Energy are merging in a $58 billion all-stock deal to form one of the largest independent shale producers in the United States [1] Company Summary - The merger will combine the strengths of both companies, enhancing their operational capabilities and market presence in the shale industry [1] - The all-stock nature of the deal indicates a strategic move to consolidate resources and improve financial stability [1] Industry Summary - This merger reflects a trend in the shale industry towards consolidation as companies seek to optimize production and reduce costs amid fluctuating oil prices [1] - The creation of a larger independent shale producer may impact competition and market dynamics within the U.S. energy sector [1]

The National Highway Traffic Safety Administration said on Monday it had expanded a safety-related investigation into 1.27 million Ford F-150 pickup trucks following reports of unexpected downshifts w... ...

Core Viewpoint - J.P. Morgan anticipates gold prices will reach $6,300 per ounce by the end of 2026, driven by ongoing demand from central banks and investors [1] Group 1 - The expectation of gold price increase is based on sustained demand from central banks [1] - Investor interest in gold is also contributing to the projected price rise [1]

Core Viewpoint - Chinese independent refiners are increasingly purchasing discounted Iranian heavy crude oil to compensate for the halted shipments from Venezuela, following the U.S. assertion of control over the OPEC producer last month [1] Group 1 - The shift in sourcing is a direct response to the disruption of Venezuelan oil supplies [1] - The involvement of independent refiners indicates a strategic move to secure alternative crude oil sources amid geopolitical tensions [1] - The discounted prices of Iranian heavy crude make it an attractive option for these refiners [1]

By Marc Jones, Global Markets Correspondent ...

Core Insights - Registrations of new Tesla cars in major European markets showed limited recovery in January, with mixed results across different countries [1] Group 1: Market Performance - In January, registrations increased in Sweden and Denmark, indicating some positive movement in these markets [1] - Conversely, registrations fell in France and Norway, highlighting challenges in these regions [1]