BMW AG’s profit from carmaking in the second quarter was slightly better than expected after the German company reduced spending and benefitted from strong demand for its new models.

The Fed is a player, not a referee

Shell Plc said its second-quarter profit jumped on the back of an oil-refining boom and another robust period for energy trading as the Iran war upended the makret.

Anglo American Plc posted a jump in profit and raised its dividend as it joined rival miners in cashing in on record copper prices.

Insurance claims from this week’s earthquake in Japan may top the 175 billion yen ($1.1 billion) average for the country’s six previous major tremors, Bloomberg Intelligence estimated.

London Stock Exchange Group Plc raised its guidance for the year and said its push into artificial intelligence was gaining momentum with customers.

London Stock Exchange Group Chief Executive Officer David Schwimmer says the group had a record first half and is seeing "strong traction" with its new artificial intelligence products. "We continue to improve our margin," Schwimmer tells Bloomberg Television. He speaks after LSEG raised its guidanc

Shipping across the crucial Strait of Hormuz has picked up in recent days despite a continuation of hostilities in the Middle East, with the US claiming its navy escorted some tankers across the waterway.

Shell Chief Executive Officer Wael Sawan says the company is "built to be able to handle volatility." He adds that Shell also had record utilization in its refining business. "We haven't seen that in over a decade," Sawan tells Bloomberg Television as the company said adjusted net income rose to $9.

30-year Treasury bonds faced backlash after the Fed kept rates unchanged but investors were worried about Kevin Warsh’s future plans to tame inflation. Rachana Mehta, Head of Regional Fixed Income at Maybank Asset Management spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the