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Oil Treads Water Ahead of OPEC+ Panel Meeting, PCE Inflation Data 0

January 27, 2023

Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming OPEC+ panel meeting, as well as more cues on the U.S. economy from a reading on the Federal Reserve’s preferred inflation gauge. Ministers from Algeria, Kuwait, Venezuela, Russia and Oman are set to meet virtually next

Flavour Maker Givaudan Beats Earnings Forecasts in a Tough Year 0

Market

January 25, 2023

Swiss fragrance and flavour maker Givaudan on Wednesday reported better-than-expected earnings for a year characterized by high input costs and supply chain disruptions. The group, which so far has successfully passed steep input cost increases on to customers, however saw a slowdown in sales during the latter half of 2022, particularly in its flavours business

Oil Rises After Steep Losses, But Recession Fears Limit Gains 0

Economy

January 25, 2023

Oil prices rose on Wednesday, recovering a measure of sharp losses from the prior session, although fears of a global recession and signs of another major build in U.S. inventories kept gains limited. Crude prices have fallen into a holding pattern over the past month, with markets constantly weighing the prospect of slowing global economic

Saga Rises After Confirming Talks to Sell Insurance Business 0
- Economy
- January 23, 2023
Shares in Saga (LON:SAGA) rose on Monday after the company confirmed on a weekend report saying it’s in talks to sell its insurance business Acromas. The Sunday Times had reported that the group wants to use the proceeds from the sale to pay down debt, after a year in which financing costs have risen substantially
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Indian Stocks Rise On Strong Bank Earnings, Asian Markets Advance 0
- Stock Market
- January 23, 2023
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose slightly, although market holidays dulled trading volumes across most of the region. India’s BSE Sensex 30 and Nifty 50 indexes rose 0.7% each, buoyed largely by major bank stocks following better-than-expected results from ICICI Bank
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Asia FX Rises in Holiday Trade as China Recovery Bets Grow 0
- forex
- January 23, 2023
Most Asian currencies strengthened in thin trade on Monday, while the dollar weakened further amid growing bets that the Chinese economy will bounce back this year, with focus also turning to key U.S. data due this week. Regional trading volumes were limited with most markets closed for the Lunar New Year. But markets are betting
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