Tag: cut

Oil – OPEC+ meeting: ANZ see a significant chance of a cut as large as 1mn barrels/day

Oil gapped higher at the open of US futures trade on Sunday evening:ANZ remarks on what they expect from the OPEC+ meeting on Wednesday:The group has already signalled that it is willing to...

ICYMI – UK rating outlook cut by S&P

On late Friday ratings agency Standard & Poor's cut it outlook for its AA credit rating for British sovereign debt to "negative" from "stable".This is in response to new Prime Minister Truss's tax...

OPEC+ considering oil output cut decision at next week’s meeting

(Bloomberg) — OPEC+ has begun discussions about lowering oil output when it meets next week, as a fragile global economy continues to weigh on crude prices. ...

Google was rapidly hiring during COVID, but now is looking to cut personnel and reduce expenses as recession looms. Impact on stock price?

The billionaire leaders of Google are leaning toward an austerity program. Everything from reduced staff levels to less business travel to cheap Christmas parties were topics in a recent company-wide meeting. I am...

Meta Gains on Report Social-Media Giant to Cut Costs at Least 10% and “pushing more employees out”. Sounds like a nice place to work?...

ArticleFor the past decade there were two more or less universally acknowledged truths about digital advertising. First, the rapidly growing industry was largely impervious to the business cycle. Second, it was dominated by...

EU lawmakers raise pressure to cut funds for Hungary over graft woes By Reuters

© Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, June 17, 2022. REUTERS/Yves Herman/File Photo By Gabriela Baczynska BRUSSELS (Reuters) - A large majority of European Union...

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