Breaking News
Dec 3, 2022
  • Chinese cities, including Beijing and Shanghai, begin to roll-back coronavirus restrictions after weeks of protests across the nation.
    • Hourly wages for the U.S. non-farm workers rose at the fastest monthly pace of 0.6% in ten months to $32.83 in November, the Bureau of Labor Statistics said.
      • OPEC and Russia are expected to leave unchanged the production reduction target by 2 million bpd after the meeting on Sunday.
        • Guyana agreed to renew its 2016 50:50 oil production sharing contract with ExxonMobil that pays only 2% royalty to the South American nation.
          • Qatar signed a 15-year contract to deliver 2 million tons a year of LNG to Germany through ConocoPhillips beginning '26, supplying 3% of Germany's needs.
            • After decades of coddling oligarchs and dirty money, Britain's agency said today it detained a "wealthy Russian businessman" on money laundering suspicion.
            • Dec 2, 2022
              • The U.S. economy added 263,000 jobs in November, highlighting the economic strength and jobless rate dropped to 3.7%.
                • The eurozone wholesale inflation dropped to 30.8% in October from 41..9% in September, Eurostat said Friday.
                  • The euro and the pound closed higher for the second week in a row.
                    • European markets closed higher for the seventh week in a row after inflation pressures eased and the euro advanced.