Saudi Arabia plans to increase its oil production next month, in contrast to the recent decline in large production, a sign of growing confidence in the recovery in oil prices, Kingdom advisers said. The world’s largest oil exporter surprised oil markets last month when it said it would cut crude …
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Mystery ended: Silicon Valley Juggernaut Tesla Inc. Ap Part Investment and Management c. Tesla TSLA, -2.72% The S&P 500 is set to join the SPX, -0.13%, In a short span of one week on December 21, the U.S. broad equity benchmark, then-apartment investment and management AIV, -0.49%, Real Estate Investment …
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The Organization of the Petroleum Exporting Countries and its allies are closing an agreement to increase their mass oil production by a modest 500,000 barrels a day starting next month, people familiar with the matter said. The deal will mark a compromise between some of the world’s largest manufacturers as …
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Albert Edwards, a London-based provocative strategist for the French bank society Génrale, has been predicting for decades that the US and Western Europe will follow Japan into an era of deflation and ultrallo bond yields, which he calls the “Ice Age”. Even though some of his warnings about the stock …
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U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …
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