Monday , 29 December 2025

Recent Posts

Aramco awards $18bn in deals to boost output capacity at two fields

Bloomberg Saudi Aramco, the world’s largest crude exporter, awarded $18 billion in contracts to boost output capacity at two offshore oil fields even as the kingdom and its Opec partners restrict production. Saudi Arabia’s state oil company will add a combined 550,000 barrels a day of crude-production capacity at its Marjan and Berri fields, it said on Tuesday in a …

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US stocks pare losses on eve of Powell report, gold drops

Bloomberg US stocks pared some early losses as markets await an onslaught of central bank news this week. The dollar strengthened to its highest level since mid-June and Treasuries slipped. The S&P 500 Index declined, led lower by materials and utilities stocks, as investors absorb recent profit warnings and stand by for more clues on the path for US monetary …

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$30 billion wiped off India stocks as tax clarity eludes market

Bloomberg It’s an old saw of India’s budget documents — the devil lies in details of the fine print. A higher surcharge on wealthy Indians in the budget has spooked non-resident and overseas funds enough to erase 2.3 trillion rupees ($30 billion) in market value from companies in the S&P BSE Sensex over the past three sessions. The reason: the …

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