Eight Major Oil Producers Report $93 Billion in Quarterly Profit
Eight large oil producers posted nearly $93 billion in combined profit for the three months through June 2026 as the Iran conflict lifted crude prices and disrupted energy supplies.
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Solar supplies record 14.4% of Great Britain’s electricity in July
Solar farms and rooftop panels generated a record 14.4% of Great Britain’s electricity in July 2026, surpassing May’s previous monthly high.
M&S unveils Oxford Street revamp as part of £700m growth plan
Marks & Spencer has completed a major revamp of its Pantheon store on Oxford Street, using the site as a model for a £700 million programme covering stores, logistics and products.
Capital One says anti-money-laundering review led it to close Trump Organization accounts
Capital One said in a court filing that it closed Trump Organization accounts after an anti-money-laundering review, as the bank seeks dismissal of a lawsuit accusing it of unlawful debanking.
Gold Generated Nearly Three-Quarters of Amhara’s Mineral Export Revenue
Gold supplied 73.57% of Amhara’s mineral export revenue in Ethiopia’s 2025/26 fiscal year as the region reported $18.24 million in total mineral export earnings.
Safaricom Ethiopia quarterly revenue rises 66% as data use expands
Safaricom Ethiopia reported 6.13 billion birr in revenue for the quarter ended June 30, 2026, with data producing nearly three-quarters of service revenue.
Data becomes Ethio Telecom’s largest revenue stream in 2025/26
Data and internet services generated 31.1% of Ethio Telecom revenue in 2025/26, overtaking mobile voice at 23.5% as internet use expanded.
Ethiopian Airlines moves Bishoftu airport contractor selection to January 2027
Ethiopian Airlines has shifted contractor selection for the planned Bishoftu International Airport from August 2026 to early January 2027 as bidders seek more time to arrange proposals and financing.