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Oil Steadies As U.S. Avoids Harsh Sanctions, Iran Nears Endgame
The rise in prices is also held back by the prospect of an Iranian nuclear agreement. Discussions over Iran's nuclear program have approached the finale, signifying possible respite for the world's energy markets if both parties can agree to resolve the remaining issues.
Banks and Finance
Chinese Tech Stocks Drop To New Crackdown Lows, Led By Alibaba
President Xi Jinping's "shared prosperity" program has targeted the business strategies of several IT heavyweights. The fee cut order by Beijing on Friday caused Meituan, one of China's largest food delivery services, to fall 5.1% on Tuesday.
Stocks
Top Wall Street Analysts Remain Bullish on These Stocks as Earnings Season Winds Down
Investors are seeking direction and a reminder to maintain a long-term outlook. According to TipRanks, which analyzes the best-performing analysts, even in these uncertain times, top experts are highlighting their preferred selections.
Stocks
Hong Kong Banks Feeling The Pain Of Losing Transaction Business As Over 400 Branches Shut Amid Pandemic
According to a Post analysis of bank announcements, 20 banks temporarily shuttered another 135 offices in the previous week, raising the number of citywide shutdowns to 412 as of Saturday. This represents 37% of the 1,100 local branches, up from 25% the previous week.
Banks and Finance
U.S. Refiners Seek Alternatives To Russian Oil Amid Tensions
The concerns over Russian oil supply come at a time when normal gasoline prices in the United States are at their peak in almost eight years, increasing the pressure on President Joe Biden to ease consumer agony at the pump.
Banks and Finance
The Chip Shortage Isn’t Slowing Applied Materials. The Stock Rises on Strong Earnings.
Applied Materials reported results that were better than expected in the January quarter, despite ongoing supply chain problems. In after-hours trading, shares of the semiconductor equipment producer increased.
Stocks
IRA Financial Trust Loses $36 Million in Clients Funds
Bergman then admitted strange activity on a small number of accounts and assured clients that their accounts and cash are safe and protected. He said that the institution is undertaking all required efforts to resolve the matter, including enlisting the assistance of enforcement agencies and forensic specialists.
Stocks