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Business Maverick: Oil holds above $100 as traders weigh up tight market, OPEC+ LimitsUS President Joe Biden had hoped to convince the Saudis to boost production but ministers told him policy decisions are taken according to market logic and within the OPEC+ coalition.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Apple joins fellow tech giants in putting a lid on hiringTech peers, including Amazon, Google and Microsoft, have all taken steps to decelerate spending. For now, most of the biggest tech companies aren’t talking about eliminating jobs, just reducing the rate of hiring.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Race for UK leadership heats up as rivals vie for run-off spotThe battle to succeed Boris Johnson is heating up, with Penny Mordaunt, Liz Truss and Kemi Badenoch vying to join Rishi Sunak in the final run-off after a vote on Monday left the race for second wide open.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Crypto ‘altcoins’ lead push higher as Bitcoin jumps above $22,000A rally in cryptocurrencies on Tuesday took Bitcoin closer to breaking out of a one-month-old trading range and ignited big jumps in smaller tokens commonly referred to as altcoins.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Stocks Surge Higher as Nasdaq 100 Rally Tops 2%: Markets WrapUS stocks extended gains as investors assessed the outlook for earnings amid speculation disappointments may be already priced into markets.
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Business Maverick: Nigeria Hikes Key Rate to Three-Year High With More to ComeNigeria’s central bank increased its key interest rate at successive meetings for the first time in more than a decade and signaled even higher borrowing costs, escalating its response to curb accelerating inflation.
Source: dailymaverick - 🏆 3. / 84 Read more »