BITTER

Global stocks gain on hopes recession warning will force Fed's hand

Wall St losses limited as Amazon gains on bullish Cyber ​​Monday

Cyber ​​Monday spending hits a record $11.6 billion – report Biogen down after death in Alzheimer’s drug trial Disabled indices: Dow 0.47%, S&P 0.60%, Nasdaq 0.35% Nov 28 (Reuters) – Major Wall Street indexes fell on Monday amid concerns over protests in major Chinese cities over strict COVID-19 policies, although Amazon’s gains helped limit losses …

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Global oil market signals near-term weakness ahead of EU embargo on Russian oil

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about falling demand for crude and a surplus market in the coming months. After months of strength, crude futures are flirting with all-year lows as major oil consumer China enters additional COVID-19-related lockdowns while central …

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Canada launches new Indo-Pacific strategy, focuses on 'disruptive' China

Canada launches new Indo-Pacific strategy, focuses on ‘disruptive’ China

OTTAWA, Nov 27 (Reuters) – Canada launched its long-awaited Indo-Pacific strategy on Sunday, pledging more resources to deal with a “disruptive” China while working with the world’s second-largest economy on climate change and trade issues. . The 26-page document outlines spending of C$2.6 billion ($1.9 billion), including bolstering Canada’s military and cybersecurity presence in the …

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Chevron can resume a key role in Venezuela's oil production and exports

Chevron can resume a key role in Venezuela’s oil production and exports

WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a U.S. license allowing the second-biggest U.S. oil company to expand production in Venezuela and ship crude oil from the South American country to the United States . The ruling grants broader rights to the last major US oil company still operating in US-sanctioned Venezuela. …

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Ukraine and partners launch $150m grain export plan to help vulnerable countries

Ukraine and partners launch $150m grain export plan to help vulnerable countries

International leaders attend the summit in person The summit coincides with the Stalin-era famine memorial The initiative adds to the UN export plan KYIV, Nov 26 (Reuters) – Ukrainian President Volodymyr Zelenskiy held a summit with allied nations in Kyiv on Saturday to launch a plan to export $150 million of grain to countries most …

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Analysis: Egypt not off the hook after IMF bailout deal

Analysis: Egypt not off the hook after IMF bailout deal

The Egyptian pound is trading at 8% discount on the black market October’s $3 billion IMF deal helps rally bond prices Little demand so far for Treasuries or FDI, analysts say Egypt must repay $33.9 billion in external debt until mid-2025 CAIRO/LONDON, Nov 25 (Reuters) – Egyptian finances remain in a precarious state despite two …

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