Author: Lucas

Russia’s Volgograd oil refinery suspended oil processing on Wednesday after a Ukrainian drone attack triggered a fire at the plant. The Lukoil-owned refinery is a major Russian oil processing facility in Volgograd City in southern Russia. The refinery has been operating since 1957 with a capacity of ~300,000 bpd (14.5 million tons/year), and processed an estimated 13.5–13.7 million metric tons of oil in 2024. The facility produces gasoline, diesel, kerosene, and lubricants, with recent modernizations focused on increasing efficiency and output of high-viscosity oils. The refinery achieved Euro-5 standard production in 2016, but has been repeatedly targeted by Ukrainian drones during…

Stronger fundamentals and calmer fiscal backdrops are drawing investors into emerging market debt after years of developed market dominance. Emerging-market bonds are becoming increasingly attractive to investors, supported by stronger valuations, healthier volatility‑adjusted yields and more stable fundamentals than many developed market peers, according to bond managers at M&G. Eva Sun-Wai, manager of M&G Global Government Bond, said: “When you consider the news flow in 2025 and how much was in the headlines about [US president Donald] Trump, trade wars and geopolitics, if you were to position for a market where you expected very high volatility, you would probably be…

Daily Silver (XAG/USD) The thing is, the tighter they wind silver prices in a range, the more impact the inflation report will have on its short-term direction. In my opinion, hotter-than-expected inflation data won’t just lead to an intraday selloff; it may lead to a takedown of the 50-day moving average and a test of Fibonacci support. And if it’s a scorcher, prices could even collapse toward last week’s multi-month low at $64.06. Lower-than-expected inflation numbers could fuel a breakout rally into $92.20 to $92.87 resistance. Essentially, the market is expected to remain in a range, just a wider domain.…

Dangote Refinery in located in Lagos, Nigeria The Dangote Petroleum Refinery has reached its full designed capacity of 650,000 barrels of crude oil per day (bpd), marking what the company described as a historic milestone and making it the first refinery globally to achieve full nameplate capacity in a single train of that scale.In a statement issued on Wednesday, February 11, 2026, the refinery said the milestone followed the optimisation of its Crude Distillation Unit (CDU) and Motor Spirit (MS) production block, strengthening steady-state operations at Africa’s largest oil refining facility.The company added that it has commenced an intensive 72-hour…

Faster sales growth may not be enough to save Cisco stock.Cisco Systems (CSCO 10.54%) stock tumbled 9.7% through 10:10 a.m. ET Thursday despite beating on both top and bottom lines in its fiscal Q2 2026 earnings report last night. Analysts expected Cisco to earn $1.02 per share on $15.1 billion in sales, but Cisco actually earned $1.04 per share (adjusted for one-time items) on sales of $15.3 billion. Image source: Getty Images. Cisco Q2 earnings Sales set a new quarterly revenue for at the networking equipment maker, rising 10% year over year. Adjusted earnings rose 11%, and earnings as calculated…

A rumour doesn’t need to be true to travel; it just needs to be clickable. And few things are more clickable than the promise of a ‘private clip,’ a Telegram link, and a made-up Olympic backstory that flatters the viewer into thinking they’ve found something ‘hidden.’That, in essence, is what sits behind the latest ‘Pinay Gold Medalist’ posts dragging the name Zyan Cabrera into people’s feeds. Multiple fact-check and warning write-ups say the ‘viral video’ narrative is not a sports triumph or a genuine leak story at all, but a phishing scheme designed to hijack accounts and lure users into…

If you have ever looked at bond prices and wondered why some cost more than others, you have already seen the difference between premium and discount bonds. These two terms describe how a bond’s price compares to its face value, which is usually one thousand dollars. Understanding what these labels (premium vs discount bonds) mean helps you see how interest rates affect bond prices and what kind of return you can expect from your investment. This guide walks you through the basics of how bonds work, why some sell above or below face value, and what that means for your…

Earnings before interest, tax, depreciation and amortisation (EBITDA) fell 6.3% year-on-year to ₹38.7 crore from ₹41.2 crore in the same quarter last year, while operating margin declined to 10% from 10.8% a year ago.By Asmita Pant  February 11, 2026, 8:03:50 PM IST (Updated)1 Min ReadDollar Industries Ltd reported an 8.5% year-on-year decline in consolidated net profit for the December quarter at ₹18.3 crore, compared with ₹20 crore in the corresponding period last year, according to an exchange filing. The innerwear and hosiery maker’s revenue from operations rose 2% to ₹388.4 crore in Q3 FY26 from ₹380.7 crore a year ago.Earnings…

Yorkshire Building Society is offering a 4.05% variable rate (Image: Getty)Yorkshire Building Society has launched a new savings account offering 4.05% interest. The lender announced its Four Access eSaver on Thursday (February 12), hailing it as offering customers a “simple, flexible way” to grow their money over the year.The account’s 4.05% variable interest rate lets savers withdraw their money on any four days within the year. Yorkshire Building Society said this would help account holders keep on track with future financial goals while remaining ready for any unexpected costs. Tina Hughes, Director of Savings, said: “We know many people are…

Godrej Industries reported its Q3 (October-December) results with consolidated net profit rising 8.7% year-on-year to ₹204.5 crore compared with ₹188.2 crore in the same quarter last year. Godrej Industries’ revenue grew 4.7% to ₹5,051 crore from ₹4,824 crore a year ago. However, EBITDA declined 8.8% to ₹544.1 crore against ₹597 crore a year earlier, leading to a lower operating margin of 10.8% versus 12.4% in the previous year.As per the company’s exchange, the Home Care portfolio grew 12%, aided by robust momentum in air fresheners and fabric care. Personal Care expanded 7%, with hair colour and personal wash gaining market share. The…