PARIS (Reuters) -Shares in Michelin fell as much as 11% on Tuesday, to their lowest in almost three years, after the tire maker cut its forecast for full-year income more than expected due to weak business conditions in North America. The company said late on Monday it expected 2025 segment operating income of between 2.6 billion euros and 3.0 billion...

CALGARY, Alberta, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. ( CVE ) today announced that it has acquired an aggregate of 21,723,540 common shares of MEG Energy Corp. (“MEG”) through the facilities of the Toronto Stock Exchange or other Canadian alternative exchanges or markets. Immediately following the acquisition of the common shares, Cenovus beneficially owned, directly or indirectly,...

MEDFORD, Ore., Oct. 14, 2025 /PRNewswire/ -- Lithia & Driveway today announced the acquisition of Stivers Decatur Subaru in the Atlanta market. This strategic move increases network density in the Southeast region and strengthens LAD's import mix, bringing in an estimated $100 million in annualized revenue. We are pleased to welcome Stivers Decatur Subaru to the Lithia & Driveway family. The...

LONDON (Reuters) -BP said it expects upstream production to rise in the third quarter, reversing earlier guidance for a slight decline, but flagged weak oil trading performance in a trading update ahead of results due on November 4. The oil major guided for both higher oil and gas output, particularly at its U.S. onshore fields. However, gas prices received were...