BP, Whiting Refinery Union Make No Progress in Latest Talks

MT newswire2026/10/02 07:57

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03:57 AM EDT, 10/02/2026 (MT Newswires) -- BP (BP) continued negotiations with elected representatives of the United Steelworkers Local 7-1 trade union for its Whiting refinery but failed to reach an agreement, the company said Thursday. "The meeting did not result in the progress we had hoped to make on key issues still separating the parties," BP said in a statement. The British multinational oil and gas firm on Tuesday had proposed a six-year labor contract for workers at its Whiting refinery, including a 150-day strike or lockout notice period, to provide greater certainty on pay, benefits and working conditions. BP remains committed to reaching an agreement so that the union-represented employees can return to work. The ongoing labor dispute has had no impact on the refinery's operations, the company added.

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October 5th – Elon Musk confirmed discussions with TSMC (2330.TW), prompting a 3% increase in the company’s share price. The Taiwan Stock Exchange Weighted Index (.TWII) rose by 2.4%. Tesla (TELA.O) and SpaceX (SPCX.O) CEO Musk stated on Saturday via X platform that TSMC and his chip manufacturing project, Terafab, have discussed potential collaboration. In response to a post on X featuring a screenshot of an article titled “TSMC is exploring plans to cooperate with Elon Musk’s TeraFab,” Musk replied on Saturday: "It is only at the discussion stage for now, but something could result." TSMC’s share price has increased by 66% so far this year. (For the convenience of non-English speakers, Reuters automatically translates its reports into several other languages. As automated translations may contain errors or lack needed context, Reuters does not guarantee the accuracy of the automated translated texts. They are provided merely for the convenience of readers. Reuters bears no responsibility for any damage or losses resulting from the use of the automated translation function.)

路透社•2026/10/05 02:16

10-Yr Benchmark Govt Yields - Germany vs Other Nations

Current Spread in Yield Basis Points Germany 3.475 % Australia 5.347 % 187.2 Belgium 4.339 % 86.4 Canada 3.944 % 46.9 Denmark 3.268 % -20.7 France 4.866 % 139.1 Italy 4.604 % 113.0 Japan 3.089 % -38.6 Netherlands 3.577 % 10.2 Spain 4.087 % 61.2 Sweden 3.146 % -32.9 U.K. 5.369 % 189.4 U.S. 5.256 % 178.1 Source: Tullett Prebon via FactSet (END) Dow Jones Newswires October 04, 2026 22:10 ET (02:10 GMT)

Dow Jones•2026/10/05 02:10