Repsol Announces €950 Million Share Buyback as Nine-Month Profit Reaches €5 Billion
The Spanish energy group reports sharply higher profit amid stronger refining margins and says it plans substantial domestic investment through 2030.
Saturday, 7 November 2026
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Global developments and international news.
Latest World
STMicroelectronics Forecasts $4.15 Billion Fourth-Quarter Sales After 18% Revenue Growth
The chipmaker reported $3.76 billion in third-quarter sales and a 37.3% gross margin, while projecting further growth as demand improves across communications, electronics and AI-linked markets.
Australian Export Prices Rise 1.4% as Import Prices Fall in September Quarter
Official data show gas and coal lifting export prices while cheaper fuel and fertiliser helped reduce import prices, despite annual increases in both indexes.
Reuters Poll Forecasts 93.2% Rise in South Korea's October Exports
Economists expect unusually rapid export growth on strong AI-chip demand, but calendar effects mean the forecast should not be read as an equivalent jump in underlying activity.
UK and Rolls-Royce Agree £2.5 Billion Framework for Next-Generation Jet Engines
A proposed 10-year programme would support research on engines for single-aisle aircraft, but future government funding remains subject to approvals and commercial terms.
Japan and Siemens Energy Agree on Floating Offshore Wind Cooperation and Hokkaido Hub
A newly announced cooperation memorandum covers floating wind projects, supply chains and skills, while Siemens Energy plans an Asian maintenance base in northern Japan.
Hyundai Motor's Third-Quarter Net Profit Falls 24% as Revenue Declines
The South Korean automaker reports lower quarterly sales and net earnings despite a modest rise in operating profit, and trims its annual vehicle-sales target.
German Trade Agency Forecasts Record €146 Billion Asia-Pacific Deficit for 2026
A Germany Trade & Invest forecast points to weaker German exports to China and higher imports from the wider Asia-Pacific region, while trade with India and Southeast Asia offers some offset.
Antarctic Sea-Ice Loss Reverses Decades of Freshening in Key Ocean Layer, Study Finds
Observations published in Nature Climate Change show Antarctic Intermediate Water has become saltier and denser since 2016, raising questions about future ocean circulation and carbon storage.
Keppel's Core Profit Rises Over 20% in Nine Months Even as Group Earnings Fall 40%
Singapore's Keppel reports stronger infrastructure and data-centre earnings for January–September 2026, while declines in the value of non-core assets pull down overall profit.
China Clean-Tech Exports Could Avoid 450 Million Tonnes of CO2 Abroad in 2026, Analysis Finds
A new emissions estimate puts the annual overseas climate benefit of Chinese solar, wind, battery and electric-vehicle exports at 450 million tonnes of CO2, but the figure is modelled rather than measured.
South Korean Nuclear Operator Seeks New Builder for Czech Dukovany Reactors After Talks Fail
Korea Hydro & Nuclear Power says contract negotiations with a Daewoo E&C–Doosan Enerbility consortium ended without agreement, but it intends to maintain the Czech project's timetable.
Samsung Reports Record KRW 107.4 Trillion Quarterly Profit as AI Chip Sales Surge
Samsung's finalized third-quarter results show its semiconductor division generated KRW 106.5 trillion in operating profit, while higher component costs weighed on consumer devices.
Australia's Energy Exports Hit 10-Year Low as Solar and Wind Output Rises
New Australian statistics show physical energy exports fell 3.1% in 2024–25, while renewable energy production rose nearly 10%, highlighting divergent trends in the country's energy system.
New Zealand Business Confidence Edges Higher in October as Firms Signal Price Pressure
ANZ's October survey shows a modest rise in confidence and improving reported activity, while firms' pricing plans point to persistent inflation concerns.
Ford Raises Lower End of 2026 Profit Forecast After $2.7 Billion Quarterly Core Earnings
The automaker reported higher adjusted operating earnings but warned that commodity costs remain elevated, while electric-vehicle operations stayed loss-making.
Fortinet Raises 2026 Revenue Forecast as Quarterly Sales Increase 20%
The cybersecurity company reported $2.08 billion in quarterly revenue and higher billings, while its revised annual sales forecast remains a projection.
UN Climate Report Calls for Stronger Ocean Carbon Monitoring as Warming Pressures Grow
A new climate technology assessment urges investment in ocean observations, shared data and modelling to improve decisions about marine carbon storage.
ServiceNow Reports $4.11 Billion in Quarterly Revenue and Raises 2026 Subscription Outlook
Subscription revenue grew 21%, but reported net income fell from a year earlier as the enterprise software company increased its annual guidance.
ServiceNow and OpenAI Expand Partnership With ChatGPT Workflow Plugin and Planned Codex Integration
The companies say a ServiceNow integration is available in ChatGPT, while security, development and voice features remain scheduled for later releases.