Article content (Bloomberg) — Oil fell after a breakneck rally as wider markets held a cautious tone ahead of a Federal Reserve meeting, and crude’s metrics continued to signal that prices may have risen too far, too fast. West Texas Intermediate for November dropped toward $90 a barrel, after closing almost level on Tuesday. Its […]
Article content (Bloomberg) — Oil traded near a 10-month high as the physical market showed fresh signs of tightness driven by supply cuts from OPEC+ leaders. Global benchmark Brent edged toward $95 a barrel, advancing for a fourth straight day. Premiums for physical barrels are surging as refiners struggle to make enough diesel ahead of […]
Article content UNITED NATIONS (AP) — It’s Day 1 of the U.N. General Assembly high-level meeting that brings world leaders together at U.N. headquarters in New York. Here are the highlights of what happened Monday at the U.N. and what to keep an eye on today, Tuesday. WHAT HAPPENED AT AND AROUND THE UN GENERAL […]
Breadcrumb Trail Links PMN Business The heads of Saudi Aramco and Exxon Mobil Corp. took to the stage at a major industry event Monday to voice support for the global transition to cleaner forms of energy, but one in which oil continues to play a major role for decades to come. Author of the article: […]
Article content CANBERRA, Australia (AP) — Australia’s government said Monday the online dating industry must improve safety standards or be forced to make changes through legislation, responding to research that says three-in-four Australian users suffer some form of sexual violence through the platforms. Communications Minister Michelle Rowland said popular dating companies such as Tinder, Bumble […]
Article content (Bloomberg) — Oil extended an upswing as OPEC+ supply cuts tightened the market, with Saudi Energy Minister Prince Abdulaziz bin Salman due to address a conference on the kingdom’s crude policy and view on net zero. Global benchmark Brent advanced above $94 a barrel after a three-week run of gains that boosted prices […]
Breadcrumb Trail Links PMN Business How long can the world’s borrowers hold on as higher interest rates bite? Author of the article: Bloomberg News Lucy White, Catarina Saraiva and Swati Pandey Published Sep 17, 2023 • 6 minute read Join the conversation dp}y{y8]peyjmz2xl]r){k{7_media_dl_1.png Source: Office for National Stat Article content (Bloomberg) — Ligaya Kelly worries her […]
Breadcrumb Trail Links PMN Business Asian equities retreated following tech-led declines on Wall Street as investors looked ahead to a week that includes Federal Reserve and Bank of Japan meetings. Author of the article: Bloomberg News Tassia Sipahutar and Toby Alder Published Sep 17, 2023 • Last updated 45 minutes ago • 4 minute read Join […]
Breadcrumb Trail Links PMN Business Commodity trading giant Trafigura Group has been exploring a range of potential deals involving its metals business, as it grapples with the unit’s future following a string of missteps. Author of the article: Bloomberg News Jack Farchy, Dinesh Nair, Alfred Cang and Archie Hunter Published Sep 16, 2023 • 3 […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Bobby Caina Calvan Published Sep 16, 2023 • 3 minute read Join the conversation Article content NEW YORK (AP) — The chief executive officer of a firm hired by New York City to house and care for hundreds of migrants abruptly resigned Friday […]