Oil Prices Up over 1 on US Hurricane Impact Concerns

SINGAPORE, Sept 12 Reuters Oil prices rose more than 1 on Thursday, spurred by concerns of Hurricane Francine impacting output in the U.S., the world39;s biggest crude producer, though worries of lower demand capped gains. Brent crude futures for November were up 1, or 1.4 at 71.61 a barrel at 0632 GMT. U.S. crude futures […]
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Argentinas August Inflation Still Stubborn, Residents Struggle to Save

BUENOS AIRES, Sept 11 Reuters Argentina39;s monthly inflation rate stood at 4.2 in August, official data published on Wednesday showed, rising from last month and surpassing analysts39; forecasts, while Argentines tighten their wallets to deal with spiraling costs. Inflation in the 12 months through August reached 236.7, still the highest level recorded in the world, […]
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US Businesses Optimism in China Falls to Record Low, Survey

Only 47 of US firms optimistic on 5year outlook US firms profitable in China down to 66 in 2023 Geopolitical tension rated as biggest challenge SHANGHAI, Sept 12 Reuters Political tensions, China39;s slowing economic growth and fierce domestic competition are sapping the confidence of U.S. businesses in the country, with optimism about their fiveyear outlook […]
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European Shares Rise on Boost from Tech, Resources Sectors

STOXX 600 up 0.2 Britain39;s economy showed no growth on a monthonmonth basis Commerzbank surges after Unicredit bought 9 stake Sept 11 Reuters European shares opened higher on Wednesday, boosted by the tech and basic resources sectors, while investors awaited a key U.S. inflation reading for clues on the Federal Reserve39;s interest rate decision next […]
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