Author: Grace Johnson

BP has finalized a six billion dollar deal. The company sells a majority stake in its Castrol motor oil division. US investment firm Stonepeak acquires the holding. The buyer operates from New York. BP transfers 65 percent of Castrol. The brand produces lubricants for cars, motorcycles, and industrial vehicles. The deal values Castrol at 10.1 billion dollars. BP receives six billion dollars in cash. Management plans to reduce debt and focus on core oil and gas operations. BP retains a 35 percent stake in Castrol. The group first gained control of the brand in 2000. Executives called the sale a…

The Boston Celtics secured an exciting 103–95 comeback victory over the Indiana Pacers, fueled by strong contributions from their bench players. Key scoring and timely plays from reserve players helped shift momentum and lead the team to a decisive win. The Celtics fell behind early in the game but gradually closed the gap through aggressive defense and effective ball movement. Bench players stepped up with crucial points, rebounds, and assists, keeping the team competitive and energized. Starters also delivered standout performances, but it was the depth of the Celtics’ roster that proved decisive. Several bench players combined for significant scoring…

The US economy strengthened sharply in the three months to September as consumer spending increased and exports rebounded. Economic output expanded at an annual rate of 4.3%, well above forecasts. Growth rose from 3.8% in the previous quarter and reached its fastest pace in two years. The report followed delays caused by a federal government shutdown. It highlighted an economy shaped by changing trade policies, immigration shifts, persistent inflation, and lower public spending. These factors caused sharp swings in trade activity. Despite the volatility, overall momentum remained strong and exceeded many predictions. Economic resilience defies forecasts Aditya Bhave, senior economist…

Bengals wide receiver Tee Higgins made an impressive return from injury, delivering a standout performance that included a touchdown and a long reception. Analysts say his display demonstrates both resilience and promise for the remainder of the season. Higgins had been sidelined for several games due to injury, leaving a noticeable gap in the Bengals’ offense. His return immediately boosted the team’s passing game, energizing teammates and fans alike. The touchdown came during a critical moment, helping the Bengals secure momentum in a tightly contested matchup. Higgins’ long reception also showcased his speed, agility, and ability to create opportunities downfield.…

Amazon has blocked more than 1,800 job applications linked to suspected North Korean operatives. Amazon chief security officer Stephen Schmidt revealed the action publicly. He shared the details in a LinkedIn post. The applicants targeted remote IT positions across the company. They used stolen or fake identities to bypass hiring controls. Remote Jobs Exploited to Fund the Regime Schmidt said the applicants followed a deliberate and organized plan. They sought employment, collected salaries, and sent wages to North Korea. The funds supported weapons development and other state programs. Schmidt warned the activity likely affects the broader technology sector. He said…

Jim Beam will stop production at its main Kentucky distillery for the full next year. The company confirmed the shutdown will extend through 2026. Executives said the move follows a review of demand and production capacity. Management said it regularly adjusts output to match consumer demand. Leaders recently met staff to discuss projected volumes for 2026. That review led to the decision to pause production. Closure allows major site upgrades The distillery will remain closed while the company completes extensive improvements. Executives said the pause allows upgrades without disrupting other operations. Management described the decision as a long-term strategic investment.…

Pension income increasingly defines life after work as Europe’s population ages and public budgets tighten. Retirement outcomes differ sharply between countries, shaping security and quality of life. Some retirees enjoy financial stability, while others face ongoing hardship. Pensions remain the main income source for older Europeans. Public transfers, mainly state pensions and benefits, provide about two thirds of senior income across the EU. This reliance ties retirement wellbeing closely to government policy. Even with this support, seniors earn less than the wider population. Across 28 European countries, people over 65 receive about 86% of average income. This gap continues to…

Anthony Joshua stopped boxing novice Jake Paul in the sixth round in Miami. The bout ranked among the most one-sided contests in modern boxing. Paul spent much of the fight retreating and avoiding exchanges. He relied on movement and caution instead of sustained offense. Joshua grew visibly frustrated as Paul refused to engage. The former two-time world champion seized control in the fifth round. Joshua closed the ring and forced action. He dropped Paul twice under relentless pressure. The sequence exposed the wide gap in skill, size, and experience. Paul went down again early in the sixth round. Joshua landed…

ByteDance has signed binding agreements with American and international investors to keep TikTok operating in the United States. Chief executive Shou Zi Chew confirmed the deal in a memo to employees on Thursday. The agreement reshapes the U.S. business and removes the immediate threat of a ban. Investors Gain Major Control The deal forms a joint venture giving outside investors 50% of TikTok’s U.S. operations. Oracle, Silver Lake, and Emirati firm MGX lead the group. Shou Zi Chew outlined the structure in an internal memo. The transaction is scheduled to close on 22 January. Executives said the arrangement ensures long-term…

The Trump administration announced a major arms package to Taiwan worth about $11bn. The deal includes advanced rocket launchers, self-propelled howitzers, and a variety of missile systems. US officials disclosed the plan late Wednesday. Congress must approve the sale before it can proceed. The administration framed the deal as essential to regional security. This marks the second arms sale to Taiwan since Donald Trump returned to the White House in January. The administration continues to strengthen military cooperation with Taipei. Officials said the package addresses rising regional tensions. The deal significantly enhances Taiwan’s defensive capabilities. China steps up military pressure…