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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

Warner's HBO Demotion Will Bring Some Severance Costs
Finances

Warner's HBO Demotion Will Bring Some Severance Costs

Wall Street eyes the record marketing campaign needed to launch the new ‘Max’ service. Source link

Bakkt closes acquisition of Apex Crypto
Finances

LCH SA to provide clearing services for Bitcoin index derivatives on GFO-X

LCH SA today announced it will offer clearing of Bitcoin index futures and options contracts traded on GFO-X, subject to regulatory approval. This will be

David Zaslav Challenged the Streaming Industry’s Orthodoxy. Now, Rivals Are Following His Lead.
Business

David Zaslav Challenged the Streaming Industry’s Orthodoxy. Now, Rivals Are Following His Lead.

Business Media & Marketing Warner Bros. Discovery to unveil new streaming service Wednesday, but CEO’s playbook is much broader than that Source link

Mastercard introduces Cross-Border Services Express
Finances

Mastercard introduces Cross-Border Services Express

Today, Mastercard introduced Cross-Border Services Express, a new tool that enables financial institutions to seamlessly set up international payments for their customers, including consumers and

​​Climate Change and Poverty Pose Challenge to World Bank
Business

​​Climate Change and Poverty Pose Challenge to World Bank

The World Bank, embarking on a comprehensive overhaul of its lending practices, faces a tough question: How should it use its limited resources to fund

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

Walmart Sues Credit-Card Partner Capital One
Business

Walmart Sues Credit-Card Partner Capital One

WSJ News Exclusive Business Retailer is seeking to end the two companies’ credit-card partnership early Source link

The Pandemic Didn’t End Card Rewards. It Made Them Stronger.
Business

The Pandemic Didn’t End Card Rewards. It Made Them Stronger.

Americans love their credit card rewards more than ever. For card companies, perhaps too much. When the Covid-19 pandemic halted travel—and travel spending—some speculated that

What Happened When Uber's CEO Started Driving for Uber
Business

What Happened When Uber's CEO Started Driving for Uber

Dara Khosrowshahi and other executives realized drivers’ complaints were valid. They revamped the app, helping Uber attract workers and extend its lead on Lyft. Driver