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Opec+ seen sticking to planned output hike as oil prices rebound

Bloomberg The Organisation of Petroleum Exporting Countries (Opec) and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble. The coalition led by Saudi Arabia and Russia is gradually restoring the vast amount of crude production halted during the pandemic, and will probably ...

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India extends Covid-19 curbs till September end

New Delhi / WAM India’s Ministry of Home Affairs, in exercise of powers under the country’s Disaster Management Act, has extended the countrywide restrictions to contain Covid-19 until September 30. In a letter to Chief Secretaries of all states and Administrators of union territories, Home Secretary Ajay Bhalla wrote that “the overall pandemic situation at the national level now appears ...

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Delta ‘fees’ for unvaccinated may lead more staff to follow

Bloomberg Employers weighing whether to follow Delta Air Lines’ lead and impose financial penalties on their unvaccinated employees could charge an unlimited amount depending on the type of wellness plan they choose. The airline said that it would institute a $200 monthly surcharge on health premiums for employees who haven’t received a Covid-19 vaccine by November 1. Rather than imposing ...

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