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Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Business

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says

Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the

First Citizens said to be near deal for Silicon Valley Bank -Bloomberg News By Reuters
Stock Market

Credit Suisse job cuts must be frozen, Swiss Bank Employees’ Association says By Reuters

© Reuters. FILE PHOTO: A view shows the logo of Credit Suisse on a building near the Hallenstadion where Credit Suisse Annual General Meeting took

Saudi Arabia-Led Oil Cuts Run Into Gusher of Alternative Supplies
Finances

Saudi Arabia-Led Oil Cuts Run Into Gusher of Alternative Supplies

The wild card for the market lies in players such as Nigeria where production has risen unexpectedly but is prone to outages. Source link

McDonald's cuts pay packages for some employees
Stock Market

McDonald’s cuts pay packages for some employees

© Reuters. FILE PHOTO: The logo for McDonald’s restaurant is seen as McDonald’s Corp. reports fourth quarter earnings, in Arlington, Virginia, U.S., January 27, 2022.

McDonald’s Cuts Pay Packages, Closes Offices Alongside Layoffs Across Chain
Business

McDonald’s Cuts Pay Packages, Closes Offices Alongside Layoffs Across Chain

WSJ News Exclusive Business Fast-food chain offered some employees a chance to remain with reduced compensation Source link

Tesla cuts prices in US to spur demand By Reuters
Stock Market

Tesla cuts prices in US to spur demand By Reuters

© Reuters. FILE PHOTO: Tesla electric vehicles (EVs) fast-charge using Tesla Superchargers at a Buc-ee’s travel center and gas station in Baytown, Texas, U.S., March

Chinese companies rush for U.S. listings ahead of new rules By Reuters
Stock Market

Job cuts rose 319% YoY in March, highest Q1 since 2020

© Reuters. Job cuts rose 319% YoY in March, highest Q1 since 2020 – Report By Senad Karaahmetovic  U.S. employers nearly 90,000 job cuts in

FINMA provides info about write-down of Credit Suisse AT1 capital instruments
Finances

Swiss authorities order cuts to remuneration of Credit Suisse top management

The Swiss Federal Council has instructed the Federal Department of Finance (FDF) to cancel, or reduce by 50% or 25%, all outstanding variable remuneration for

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

What OPEC Production Cuts Mean for Midstream

Investors may be wondering how the upcoming OPEC+ production cuts will affect the midstream space. Oil headlines over the past few days have been dominated

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

World Bank cuts Pakistan’s GDP f’cast on rising rates, limited fiscal space By Reuters

© Reuters. FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in