Thursday , 18 December 2025

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Oil rises for sixth week with Opec+ supply meet in focus

Bloomberg Oil rises in tandem with equity markets while traders turned their attention to an upcoming Opec+ meeting that may yield supply increases. Futures in New York rise 1.1%. US benchmark crude posted a sixth straight weekly gain, the longest streak of weekly advances since early July. Buzz continued around whether on Monday Opec will decide to increase output after …

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Tata to take over Air India in historic deal years in making

Bloomberg Tata Sons Pvt is set to take over ailing Air India Ltd again, more than half a century after the country’s biggest conglomerate ceded control to the state, ending the government’s hold over an airline that for decades defined the lofty ambitions of a newly-independent nation. A panel of ministers accepted a proposal from bureaucrats, who recommended the conglomerate’s …

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United: 593 US staff face firing for rejecting shot

Bloomberg United Airlines Holdings Inc said as many as 593 employees face termination after declining to get the coronavirus vaccine following the carrier’s deadline last week. About 2,000 United workers have requested an exemption on medical or religious grounds, the company said, the day after the vaccine mandate deadline took effect for about 67,000 US-based employees. The airline plans to …

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