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Breadcrumb Trail LinksPMN BusinessThe big bang expected for oil prices this year is turning into a whimper.Author of the article:Bloomberg NewsGrant Smith and Alex LongleyPublished Nov 09, 2023  •  5 minute read…

EY has told its US staff they will not be getting holiday bonuses this year, becoming the latest large firm in the financial and professional services sectors to signal a challenging economic outlook.The news was delivered on Friday…

Breadcrumb Trail Links PMN Business Bewildered Biden administration officials hunkered down Thursday in the wake of a shock oil production cut by Saudi Arabia and its OPEC+ allies, hoping that crude prices don’t surge before  …

Article content (Bloomberg) — The fanfare over a revamp of the Ethereum blockchain is still echoing across the cryptoverse but that’s doing little to stem a slide in Ether. Article content The network’s native token is down 10% since…

Breadcrumb Trail Links PMN Business Author of the article: Reuters Lewis Krauskopf and David Randall Article content NEW YORK — An already-murky outlook for U.S. stocks and bonds is growing darker, as sizzling…

© Reuters. Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 13, 2022. REUTERS/Andrew Kelly By Lewis Krauskopf and David Randall NEW YORK (Reuters) - An already-murky…

Breadcrumb Trail Links PMN Business Author of the article: Reuters Leika Kihara and Tetsushi Kajimoto Article content TOKYO — Japan’s economy rebounded at a slower-than-expected pace in the second quarter from a…

Breadcrumb Trail Links PMN Business European factory activity plunged and Asian manufacturing output continued to weaken in July amid lingering supply-chain complications and a slowing global economy. Author of the article:…

British banks that took 2021’s bumper profits as a sign of better things to come will be bracing themselves for disappointment this week. With the Covid pandemic waning, 2022 was meant to mark the slow return to normal: a rebound in…

A double whammy of lower volumes and elevated costs meant that December quarter (Q3FY22) earnings of cement makers was unexciting. Shrinking operating margins were particularly a disappointment. As such, cement companies were…