COVERAGE GAP

Oil Giants Profit from Iran War

ExxonMobil and Chevron reported surging profits as Iran war drives up oil prices.

COVERAGE GAPLEFT SOURCES ONLY

WHAT'S CONFIRMED

▸Major oil companies posted higher second-quarter profits due to rising crude prices. — CNBC, Bloomberg Markets

NOT REPORTED ELSEWHERE

▸ExxonMobil narrowly missed profit forecasts despite soaring crude prices and widened fuel margins. — Bloomberg Markets
▸Chevron expects fuel-making margins to remain elevated as long as energy markets stay under stress. — Bloomberg Markets

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Tesla unveiled its new Roadster in Texas on Thursday with production delayed until 2028.

Tesla shares climbed about 2% in morning trading on Friday after the unveiling.

A stampede and truck ramming killed at least 33 people during religious festivities in India.

A stampede and truck ramming into a crowd killed at least 33 people during religious festivities.

Indian police detained Cockroach Janta Party founder Abhijeet Dipke before a Delhi protest over voter-roll revision.

Abhijeet Dipke was detained on Friday ahead of a New Delhi demonstration.

DEVELOPING TIMELINE

First Report Oct 10: Indian authorities detained youth protest leaders and thousands of protesters in Delhi to stop a planned demonstration.

Oct 13: Opposition demands chief election commissioner resign over voter roll

Friday: Cockroach Janta Party vows renewed march despite police notice

Saturday: Cockroach Party founder detained before Delhi protest

Fed Chairman Warsh gave no signal of an October rate hike in Bangkok, weakening dollar and easing market expectations.

Warsh's speech eased bets on an October rate hike.