Breaking News
Dec 10, 2022
-
Xi Jinping in Riyadh pushed Saudi Arabia and GCC countries for the settlement of crude oil purchase on Shanghai Petroleum and Natural Gas Exchange in a move to weaken the dominance of U.S. dollar.
-
China and Saudi Arabia pledged to expand cooperation in defense, security and agriculture after premier Xi Jinping's 4-day state visit to Riyadh and attending two conferences with Arab leaders.
-
China and Saudi Arabia pledge to expand cooperation in defense, security and agriculture after premier Xi Jinping's 4-day state visit to Riyadh and leading two conferences with Arab leaders.
-
The producer price index increased 0.3% in November from October and eased to 7.4% from a year ago on higher cost of services, the U.S. Bureau of Labor Statistics said.
-
Consumer price index in China eased to 1.6% in November from 2.1% in October and declined by 0.2% from the previous month, the National Bureau of Statistics said Friday.
-
Brazil's inflation eased to an annual pace of 5.9% in November from 6.4% in October, the lowest since Feb 2021, after transportation and housing prices cooled, the statistical office said Friday.
-
The S&P 500 index declined 3.4% and the Nasdaq Composite index plunged 4.0%, worst weekly losses since September.
-
Broadcom said revenue in the fiscal fourth quarter rose 21% to $8.9 billion and net income increased to $3.3 billion from $1.9 billion and earnings per share rose to $7.8 from $4.43 a year ago.
-
Anglo American, the parent of De Beers and mines in Brazil, said production volumes in 2022 are expected to fall 3% and production costs rise 16% in 2022.
-
The French economy is expected to slow down to 0.1% in the fourth quarter from the third, the Bank of France's monthly survey showed today.
Dec 9, 2022
