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Oil Rallies Amid Renewed Optimism Over Chinese Economy

West Texas Intermediate futures gained 3% on Friday morning in the wake of growing optimism over China's economy as the government considers the easing of Covid restrictions. Following the spread of rumors on social media about the potential curbing of Covid measures in China, the price of oil rose...

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Job Growth Expected to Shrink as October Jobs Report Looms

The Labor Department is set to release its October Jobs Report at 8:30 a.m. on Friday. With the Federal...

COVID Measures Push China’s Nio to Suspend Production

Chinese electric vehicle manufacturer Nio has decided to suspend production amid a rise in Covid-19 cases across the country,...

U.S. Natural Gas Futures Surge Amid Rising LNG Exports

U.S. natural gas futures surged 10% on Monday, reaching a two-week high. This comes after a higher-than-expected demand for...

Federal Reserve Expected to Implement Fourth Consecutive Interest Rate Hike

The Federal Reserve is expected to raise its benchmark interest rate by 75 basis points on Wednesday, marking the...

Mexican Economy Experiences Marginal Third Quarter Growth

Mexico's economy grew by a margin of 0.1% from July through September, marking the Latin American nation's fourth consecutive...

Oil Gains Curbed as Economic Concerns Dampen Investor Confidence

Oil's weekly gain was trimmed slightly on Friday as investor outlooks on China and the global economy deteriorate. West...

NatWest Shares Drop Following Underwhelming Quarterly Results

NatWest Group Plc achieved a lower-than-expected operating profit before tax of £1.086 billion for the third quarter, with the...

Sterling Rally Ceases Ahead of ECB Rate Hike

The British pound fell against the strengthening U.S. dollar on Thursday as investors await the latest policy announcement from...

European Stocks Fall Ahead Of ECB Decision

European stocks fell on Thursday as investors anxiously await the highly-anticipated European Central Bank announcement later this week. The...

Boeing Announces $2.8 Billion Hit in Defence Business

Shares in Boeing Co. fell by 4% on Wednesday after the company recorded a $2.8 billion charge in its...

GE Slashes Annual Forecast Following Decline in Adjusted Profit

General Electric decided to cut its annual earnings forecast after reporting on Tuesday a 19% drop in adjusted quarterly...

QatarEnergy and Shell Partner Up for LNG Expansion

QatarEnergy chief executive Saad al-Kaabi announced on Sunday that Shell has become a partner in the state-owned company's North...