LONDON—Oil prices rose on Friday in thin market liquidity, closing a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. Brent crude futures were up $1.29, or 1.5 percent, to trade at $86.63 a barrel at 1024 GMT. U.S. West Texas Intermediate (WTI) crude futures were up…
Oil Prices Rise, but Chinese Demand Worries Linger
November 25, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
Global Shares Mixed as Investors Eye China Virus Crisis
November 25, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
TOKYO—Global shares were mixed Friday as worries deepened about the regional economy and Japan reported higher-than-expected inflation. France’s CAC 40 was little changed, inching down less than 0.1 percent to 6,704.00. Germany’s DAX slipped 0.1 percent to 14,524.48. Britain’s FTSE 100 gained 0.1 percent to 7,473.46. The future for the S&P 500 gained 0.2 percent…
Elon Musk Denies Claims Disgraced Crypto Boss Sam Bankman-Fried Holds Twitter Shares
November 25, 2022
admin
Business & MarketsCompaniescryptocurrencyeconomyElon MuskMarketsMedia & Big TechSam Bankman-FriedSocial MediastocksTechTwitterUSUS News
0 Comment
Twitter’s new owner Elon Musk has disputed a report that the former CEO of failed cryptocurrency exchange FTX, Sam Bankman-Fried, owns millions of Twitter shares. Taking to Twitter on Wednesday, Musk shared a number of posts addressing the report, which was shared on the platform by former New York Times reporter and Editor-in-Chief of news site Semafor, Ben Smith….
How Share Buybacks Benefit Investors
By Kiplinger Staff From Kiplinger’s Personal Finance Question: What are share buybacks? And as an investor, should I be glad about share buybacks or not? Answer: Companies have at their disposal two main options when they want to return cash to shareholders. Dividends tend to be preferred by income investors. A dividend is a cash…
Dollar Holds Losses as Fed Minutes Signal Slower Rate Hikes
LONDON—The U.S. dollar held onto losses on Thursday after the minutes from the Federal Reserve’s November meeting supported the view that the central bank would downshift and raise rates in smaller steps from its December meeting. The eagerly awaited readout of the Nov. 1–2 meeting showed officials were largely satisfied they could now move in…
Oil Drops as Price Cap Proposal Eases Supply Concerns
November 24, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed G7 cap on the price of Russian oil raised doubts about how much it would limit supply. A bigger than expected build in U.S. gasoline inventories and widening COVID-19 controls in China also added downward pressure on crude prices. Brent…
Dollar Nears 3-month Low, Shares Climb After Fed Tests the Brakes
November 24, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON—World shares touched a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve meeting minutes pointed to a slower pace of U.S. interest rate rises from next month. With Wall Street shut for Thanksgiving, it was up to Europe to continue the rebound in market confidence that has been…
Stocks Gain Ground on Wall Street Ahead of US Holiday
Stocks closed broadly higher on Wall Street Wednesday, after the minutes from the Federal Reserve’s most recent policy meeting showed central bank officials agreed that smaller rate hikes would likely be appropriate “soon.” The S&P 500 rose 0.6 percent, while the Dow Jones Industrial Average gained 0.3 percent. The Nasdaq composite closed 1 percent higher. Long-term…
Zoom Shares Down 90 Percent From Peak as Pandemic Boom Fades
Shares of Zoom Video Communications Inc. have tumbled about 90 percent from their pandemic peak in October 2020 as the former investor darling struggles to adjust to a post-COVID-19 world. The stock was down nearly 10 percent on Tuesday after the company cut its annual sales forecast and posted its slowest quarterly growth, prompting at…
HP to Cut About 12 Percent Jobs by End of Fiscal 2025
HP Inc. said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12 percent of its global workforce, at a time when sales of personal computers and laptops are sliding as shoppers tighten budgets. The PC maker also forecast a lower-than-expected profit for the first quarter…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta