Tuesday , 16 December 2025

Recent Posts

Crude exceeds $67 as demand outweighs Opec+ output plan

Bloomberg Oil advanced ahead of an Opec+ policy meeting as traders expect rising demand to absorb a planned production increase from the group as well as any additional crude from Iran. Futures in New York climbed past $67 a barrel, putting crude on track for a second straight monthly gain. Opec and its allies are expected to stick with a …

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Quorn-maker’s IPO drives top funds ditching ‘stocks’

Bloomberg Food giant Monde Nissin Corp’s record-breaking entry into the Philippine stock market is driving a shakeup that’s impacting everything from the nation’s consumer sector to holdings of some of the biggest money managers. Investors say the $1 billion initial share offering — the biggest ever debut in the Southeast Asian country — is pushing them to reallocate funds from …

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Lufthansa gets permits to fly to Moscow, St Petersburg

Bloomberg Deutsche Lufthansa AG said it continues to have permission to operate several weekly flights to Moscow and St Petersburg, after at least two European airlines scrapped routes when Russian aviation authorities withheld authorisation for changes to avoid flying over Belarus. The German carrier operates seven weekly connections to Moscow and four to St Petersburg, according to a spokeswoman. Air …

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