Tuesday , 23 December 2025

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Opec+ faces calls to cool crude market frenzy with extra barrels

Bloomberg From trading houses in Geneva to Wall Street banks, much of the oil world agrees that global markets could use some more barrels. The big question is whether Opec+ will provide enough of them. A crude glut that piled up during the pandemic is vanishing fast. Global inventories are plunging at the steepest rate in two decades, according to …

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Australia mulls aid to Qantas, others once wage subsidy ends

Bloomberg Australia’s treasurer said he’s considering measures to support firms like Qantas Airways Ltd and others that are still struggling with fallout from the coronavirus pandemic, once the government’s JobKeeper wage subsidy expires late next month. “We are looking at other measures that we can put in place post-JobKeeper to support a range of industries including the aviation sector,” Josh …

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Robinsons Retail aims to boost its online sales

Bloomberg Robinsons Retail Holdings Inc plans to increase its e-commerce business to between 2% and 3% of total sales this year by expanding the company’s online presence through its own Internet platforms and others. The Philippine retailer’s e-commerce sales reached 1.1% of total revenue last year, up from 0.4% in 2019, as consumers migrated to online purchases because of the …

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