Fast Retailingby Dow Jones are forecasting a 0.3% month-over-month increase for the upcoming U.S. inflation data, and a 3.6% rise from the prior year.is the largest oil and gas merger in a decade, and"one for the record books," says Raymond James' managing director and equity research analyst Pavel Molchanov.for $59.5 billion in an all-stock deal, or $253 per share. The deal marks Exxon's biggest since it bought Mobil, and is expected to close in the first half of 2024.
"It's no coincidence that the Permian is the focus of his deal," said Molchanov, elaborating how it is the"most prolific and economically attractive basins."As markets assess the risks from the conflict between Israel and Hamas, DBS says its impact through high oil prices on India could become more prominent if the war expanded to the oil-rich Middle Eastern countries.
National elections in India are due by May 2024, but several state polls are expected to be held before then.India is slated to release its inflation numbers for September later Thursday, with Reuters' analysts forecasting a 5.5% year-on-year climb."An easing in food and fuel inflation likely drove a softening in the headline rate," a Barclays report dated early October forecasts.
"AI will impact more complex tasks requiring cognition, learning and decision-making. We believe that automated generation of natural language, code and digital content, as well as task execution, are likely to drive significant efficiency gains across professional services industries," the investment bank's analysts said.Semiconductors are looking undervalued, thanks to the selloff in some parts of the sector, according to Morningstar.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »