COMPANIES

BP's third quarter performance was hit by lower oil prices and refining margins

Oil Giant BP Reports Drop In Third-quarter Net Profit

The group earlier this month flagged to markets that its latest earnings would take a sizeable hit after oil prices have fallen on concerns over Chinese demand and the prospect of higher crude production in 2025.
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AMD CEO Lisa Su unveiled the chip giant's latest line of products during a keynote speech at Computex 2024 in Taipei

AMD Launches New AI Chip Challenging Nvidia

AMD said that the chip, called the Instinct MI325X, is set to go into production before the end of 2024. The chip aims to provide developers and cloud service providers with a strong alternative to Nvidia's offerings.

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