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After 25 years in one of America’s oldest and most prestigious indices, Intel has been replaced by Nvidia in the basket of 30 stocks that make up the Dow Jones industrial average. Nvidia is the latest big tech company to…
The American oil producers ExxonMobil and Chevron posted lower profits as a fall in commodity prices and weaker refining margins offset record high oil production. Exxon’s third-quarter net income fell 5.1 per cent year-on-year to $8.6 billion, while at Chevron…