Sunday, December 28, 2025

Crude Oil Lower; Monthly Demand Reports in Focus

Crude oil lower
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Oil prices fell Monday, consolidating after last week’s strong gains ahead of the release of demand forecasts from the OPEC and the IEA as well as a deluge of potentially influential economic data due this week. By 04:35 ET (09:35 GMT), U.S. crude futures...

Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

META
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Meta Platforms Inc's stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the "Year of Efficiency." The parent of Instagram and Facebook (NASDAQ:META), which has fallen on hard times amid...

China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey

China Hotel
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Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing's zero-COVID protocols, with a survey by a leading recruiter showing a surge in job openings in the hospitality industry. During the first six days of...

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery

Oil prices creep
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Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head Fatih Birol reiterated the agency’s...

Countdown to Zomato IPO: stay on top with ET Prime’s exhaustive coverage on India’s food-tech sector

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The number of employees working from home in many countries was increasing even before the coronavirus forced our hand. In America, according to the 2017 consensus, around 5% of the population were working from home, which was up on the year before and an increase of...

Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance

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Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting (AGM) on Wednesday, an endorsement of the automaker a day after it laid out an extensive electric vehicle strategy. EV ROADMAP Toyota aims to...

U.K. Unemployment Rose Less Than Feared in December

U.K. unemployment
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The U.K. labor market stayed stronger than expected in December, with the number of benefit claimants rising only moderately. At the same time, wage growth in November, the last month for which data are available, grew more strongly than expected, rising 6.4% on the...

India has created ‘perverse incentives’ for firms to stay small. Here’s how to fix it

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01 June 2021 Economics isn't something that can only be learned from books and journals – in fact, as an important part of modern life, there are a number of great movies made about economic themes. From the 2008 financial crisis to the formation of game theory, movies have documented...

Dollar Steadies After Powell’s Testimony; Sterling Awaits BOE Meeting

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The U.S. dollar stabilized in early European trade Thursday near a one-month low after the first day of Federal Reserve Chair Jerome Powell’s semi-annual testimony to Congress, while sterling edges lower ahead of the latest Bank of England meeting. At 01:50 ET (05:50 GMT),...

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year

Oil prices rise
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Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year largely offset fears that a global economic slowdown will dent crude markets. Markets are betting on a strong boost...