Oil Steadies Near $90 After OPEC+ Leaders Extend Supply Cuts
Oil settled at nine-month highs as investors digested a decision by OPEC+ leaders Saudi Arabia and Russia to extend supply curbs through the end of the year.
Oil settled at nine-month highs as investors digested a decision by OPEC+ leaders Saudi Arabia and Russia to extend supply curbs through the end of the year.
Party City Holdco Inc. on Wednesday received court approval to exit bankruptcy and emerge with a leaner balance sheet, avoiding the fate of retail peers who stumbled in Chapter 11 and ceased operations.
Prime Minister Justin Trudeau’s government has awarded Sun Life Financial Inc. a contract worth as much as C$15 million ($11 million) to start work on a national dental-care plan.
Growth in the US economy and jobs market slowed in July and August, and many businesses expect wage increases to ease broadly in the near term, the Federal Reserve said in its Beige Book survey of regional business contacts.
Falabella SA announced the resignation of its chief executive officer after a slowdown in consumer spending eroded profits at the Chilean retail group.
Summer in New York City isn’t complete for many without a trip to the US Open. But this year’s final tennis Grand Slam is proving expensive even for New Yorkers accustomed to high prices.
The chairman of Richemont, the Swiss owner of Cartier and watchmakers including IWC and Vacheron Constantin, said inflation is starting to hit luxury demand in Europe.
Argentina’s presidential candidate Javier Milei is in talks with investment funds abroad to obtain the foreign currency needed to dollarize the economy if elected later this year, according to an economic adviser.
A Maryland elementary school’s decision to impose a mask mandate after spate of Covid-19 cases has sparked a backlash from Republican governors and reignited a political debate that raged during the pandemic.
A group of voters in Colorado is suing to block former US president Donald Trump from state ballots in 2024 because of his efforts to overturn the results of the election in 2020.