Oil Sinks Further as China COVID Concerns outweigh Tightening Supply
Oil prices fell further on Thursday as increasing COVID-19 cases in China brewed more doubts over slowing crude demand, even as data showed U.S. inventories dropped far more than expected and as supply appeared to be tightening. China reported over 20,000 daily new cases...
US DOLLAR CLINGS TO GAINS AS BETS ON FURTHER FED HIKES FIRM
THE Dollar Fought For A Footing In Choppy Trade On Thursday With Support From Upbeat U.S. Data And Hawkish Policymaker Comments While The Prospect Of Higher Energy Prices Helped Exporters’ Currencies And Weighed On Those Of Importers.
The dollar rose 1% on the euro and...
Asian Stocks Slammed by Fed Rate Hike Risks
Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve.
Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling 1.5%, while Japan’s Nikkei 225 index lost 1.3%....
US President Biden unveils plan to invest $555 bn on green energy
President Joe Biden announced a framework to invest $555 billion in funding on clean energy programs he thinks can win approval from Congress, with investments in renewable power, electric vehicles, and resilience.
If Congressional Democrats go along, the plan, part of a $1.75-trillion tax and spending blueprint,...
Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA
U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday's widely watched monetary policy meeting The risk-sensitive Australian and New Zealand dollars rose from one-week lows...
Coke and Pepsi Face Backlash in Muslim-Majority Countries
Consumer Boycotts Target U.S. Brands Amid Gaza Conflict
Coca-Cola and PepsiCo, having heavily invested in markets across Egypt and Pakistan, are now facing a significant backlash due to consumer boycotts. These boycotts are largely driven by opposition to U.S. support for Israel amidst the ongoing...
COVID-19 Updates: Officials Investigate Potential Side Effects of Vaccine Booster Shots
More than 4 million people have died from COVID-19 globally.More than half of U.S. adults are now fully vaccinated.COVID-19 cases remain high in some parts of the world, like India, where few people have been vaccinated.
Update on COVID-19 numbers
Globally, there have been more than...
9 Ways to Sleep Better with Ulcerative Colitis
Ulcerative colitis can cause physical and emotional symptoms that make it difficult to sleep.Adjusting your sleep position, meditating, practicing sleep hygiene, and changing your mealtimes could lead to better sleep.Doctors and mental health professionals can also provide additional support.
Ulcerative colitis (UC) is known for...
A difficult candidate test, broken job promises and refund dispute: Unacademy’s Relevel comes under fire
With the growth engine sputtering, funding slowing down and the spectre of regulation looming large, there are many curveballs that Unacademy and its peers will have to grapple with in the coming months. At a time like this, Gaurav Munjal has been extremely bullish...
Crude Oil Lower; Monthly Demand Reports in Focus
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...