Latest Oil Market News and Analysis for Oct. 23
Oil held its biggest gain in about a week as intensifying attacks on Saudi Arabia stoked fears of supply disruptions.
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Oil held its biggest gain in about a week as intensifying attacks on Saudi Arabia stoked fears of supply disruptions.
Australiaโs growth will likely be slower than the 1.75% forecast in Mayโs budget, Australian Treasurer Jim Chalmers said Friday, as a series of rate hikes and rising inflation start to bite on the economy.
Brazil's Bradesco earned R$7.1 billion (US$1.4 billion) in the third quarter, in line with forecasts, while loans overdue 90 days rose to 4.6%. The post Brazilโs Bradesco Profit Up 14.6% to US$1.4B appeared first on The Rio Times.
Sudan's army chief has ordered an import ban cancelled as the dollar hit 10,300 pounds and inflation rose to 28.29% in September. The post Sudan’s Leader Lifts Import Ban on Food appeared first on The Rio Times.
A truckersโ protest in southern Italy has halted the production of the famed buffalo mozzarella, causing an estimated loss of โฌ3 million (US$3.37 million) in just 24 hours as the milk cannot reach dairies in the Naples region and the finished cheese cannot reach customers, an official said. The week-long strike by truck drivers over the high cost of diesel driven up by the Iran war has also blocked deliveries of other basic goods to supermarkets and left fuel pumps empty in much of southern...
A economia da Argentina registrou uma queda de -1,74% em agosto deste ano, se comparado com o mesmo mรชs de 2025. O resultado leva especialistas a apontarem um risco de recessรฃo no paรญs vizinho. Em relaรงรฃo a julho deste ano, a atividade econรดmica da 2ยช maior economia da Amรฉrica do Sul cresceu 0,1%. Notรญcias relacionadas:Milei lanรงa plano para demitir 21 mil servidores na Argentina .Manifestaรงรฃo contra Milei termina em confrontos na Argentina.Ajuste de Milei reduz nรบmero de novos aposentados em 53% na Argentina.Este รฉ o segundo mรชs consecutivo que os nรบmeros apresentam retraรงรฃo. Em julho de 2026, houve uma queda de -2,8% em relaรงรฃo a julho de 2025 e reduรงรฃo de -1,5% em relaรงรฃo a junho. Os dados sรฃo do Instituto Nacional de Estatรญstica e Censos (Indec) da Argentina, instituiรงรฃo oficial responsรกvel por medir os indicadores sociais e econรดmicos do paรญs.ย No acumulado de 2026 terminado em agosto, a economia argentina cresceu 1,2%, ante um crescimento de 1,7% registrado no acumulado do ano terminado em julho. A economista Clara Brenck, professora adjunta no Departamento de Economia da Universidade Federal de Minas Gerais (UFMG), explicou ร Agรชncia Brasil que a Argentina pode estar entrando em uma recessรฃo econรดmica.ย โO desemprego tambรฉm aumentou muito, o que tambรฉm รฉ indรญcio disso [recessรฃo]. Acho que o cenรกrio รฉ preocupante da Argentina. Talvez a รบnica coisa boa que se pode tirar disso รฉ a reduรงรฃo da inflaรงรฃo, que eles conseguiram, mas tambรฉm muito dependente da variaรงรฃo do dรณlarโ, comentou. Recessรฃo tรฉcnica As atividades que mais contribuรญram para derrubar a economia argentina em agosto deste ano foram, principalmente, o setor de pesca (-15,7%); intermediaรงรฃo financeira (-3,8%); comรฉrcio atacadista, varejista e reparaรงรตes (-3,5%), indรบstria manufatureira (-3,2%); transportes e comunicaรงรตes (-2,9%); e construรงรฃo (-2,5%). Por outro lado, contribuรญram para elevar a economia da Argentina os setores de mineraรงรฃo e petrรณleo (+11,1); eletricidade, gรกs e รกgua (+4,3); e hotรฉis e restaurantes (+3,1%). A professora Ana Brenck, que tambรฉm รฉ pesquisadora do Centro de Pesquisa em Macroeconomia das Desigualdades da Faculdade de Economia da Universidade de Sรฃo Paulo (Made/USP), disse que sรฃo os setores de petrรณleo, gรกs e mineraรงรฃo o que tem โsegurado que essa recessรฃo nรฃo fosse piorโ. โPorรฉm, sรฃo setores que dependem muito do mercado externo, de preรงos internacionais. O que estรก crescendo sรฃo coisas que nรฃo dependem da economia domรฉstica, basicamente. Por isso, nรฃo acho que dรก para comemorar esse resultadoโ, disse. Ana Paula cita as quedas dos setores industriais e comerciais como preocupantes por empregarem mais trabalhadores. Ela avalia que as polรญticas de corte de gastos do presidente Javier Milei contribuรญram para esse cenรกrio. โOs cortes de imposto que o Milei fez com a promessa de que isso iria gerar investimento e aumentar a atividade econรดmica no setor privado, a gente nรฃo estรก observando issoโ, concluiu. Para especialista, o dado mais positivo foi o crescimento do setor hoteleiro โno sentido de segurar a queda do desemprego, mas, claro, รฉ um setor tambรฉm que tem um peso muito pequeno comparado com os outrosโ. Governo Milei O ministro da Economia da Argentina, Luis Caputo, destacou o crescimento de 0,1% em agosto se comparado com julho. โCom essa dinรขmica, o indicador tendรชncia-ciclo se posicionou 6,6% acima do nรญvel de dezembro de 2023โ, explicou em uma rede social. Caputo acrescentou ainda os dados das exportaรงรตes agroindustriais de setembro, que teriam alcanรงado um mรกximo histรณrico do mรชs. โNos primeiros 9 meses do ano, as exportaรงรตes da agroindรบstria somaram US$ 43.206 milhรตes de dรณlares, crescendo 13% em relaรงรฃo ao mesmo perรญodo de 2025 e registrando tambรฉm um recorde histรณrico em volumeโ, comemorou o ministro. ย
Tokyo, Oct. 22 (Jiji Press)--The Japanese government, in a rare move, has repeatedly urged people to take precautions after critical vulnerabilities were detected in the PHP programming language, which is widely used for websites. The moves reflected concerns that a delayed response could deal a blow to the economy and society, especially given the recent string of personal data breaches ca...
South Africa is stepping in to ease the fuel-price crisis, announcing billions of rand in tax relief as motorists and commuters struggle with record pump prices.
โBloomberg: The China Showโ is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Patna ranks first in total number of pensioners. Remaining beneficiaries urged to complete their life verification at the earliest
Earlier, considering the agricultural season and also to ensure that agricultural activities were not disrupted, construction work had been suspended during the designated work-break period from October 22 to December 10, 2026.
The union will organise a procession in Mumbai on November 3, followed by a visit by a delegation to the Assembly in Nagpur on November 4. From November 5, members will stage sit-in protests outside MSRTC offices and departmental headquarters across the State
Wall Street rose on Wednesday as the S&P 500 gained 0.58% to 7,757, gold held near US$4,126 and the 10-year yield stayed above 5%. Read-through for Brazil. The post S&P 500 Gains 0.6% as Dollar Holds Steady | Global Economy, Oct 22 appeared first on The Rio Times.
This is the sixth in a series of factsheets about Hong Kongโs first five-year plan and the 2026 policy address. Click here to view the other factsheets. The series has been produced with support from the Hong Kong SAR government. To see the South China Morning Postโs coverage of the five-year plan, click here. This Factsheet will appear in the SCMP print edition on October 26. You can find the newspaper at newsstands and convenience stores. For inquiries, contact printsupport@scmp.com.
This is the fifth in a series of factsheets about Hong Kongโs first five-year plan and the 2026 policy address. Click here to view the other factsheets. The series has been produced with support from the Hong Kong SAR government. To see the South China Morning Postโs coverage of the five-year plan, click here. This factsheet will appear in the SCMP print edition on October 26. You can find the newspaper at newsstands and convenience stores. For inquiries, contact printsupport@scmp.com.
Legendary Entertainment has revived talks and made a takeover offer for Lionsgate Studios Corp. according to people familiar with the matter. Lionsgate is the studio behind movies such as The Hunger Games and John Wick. Chris Palmeri reports. (Source: Bloomberg)
Professor James Robinson of the University of Chicago joins Joe Weisenthal and Tracy Alloway to discuss the role that inclusivity, innovation and creativity play in a successful economy and whether the US has become a failing state. They spoke on the Odd Lots podcast, recorded live at Chicago's City Winery. (Source: Bloomberg)
He asks officials to monitor the prices of rice, red gram, onions, edible oil and sugar to ensure the burden of rising prices does not fall on consumers, and explore the possibility of making fine-quality rice available at a subsidy at rythu bazaars during festivals
Mexico's retail sales rose 1.2% in August from July and 3.3% on the year, beating forecasts. The data lean against a Banxico rate cut. The post Mexico Retail Sales Rise 1.2% in August appeared first on The Rio Times.
Moodyโs Corp. posted quarterly results that fell short of average analyst estimates, hurt by weaker revenue in its ratings business as rising yields weighed on corporate bond sales, and its shares fell.
Junior investment bankers at UBS Group AG got a smaller pay bump upon their promotion to the first rung of associate this year, following changes to compensation structures at the Swiss lender.