Wednesday , 17 December 2025

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Lebanon’s gas stations to shut to protest dollar crunch

Bloomberg Lebanon’s gas station owners will stage a nationwide strike on Wednesday to protest the government’s failure to provide enough dollars to pay suppliers. The businesses say local banks lack hard currency they need, forcing them to buy dollars at exchange houses above the fixed rate of 1,507.5 Lebanese pounds to the greenback. The Energy Ministry prices gasoline and diesel …

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US stocks slip, Treasuries advance as oil trims gains

Bloomberg US index futures edged lower with European stocks while Treasuries continued higher as investors weighed the fallout from a drone attack on one of the world’s biggest oil facilities and the record surge in crude prices that followed. Contracts on the three main US stock indexes dipped after fluctuating earlier. The Europe Stoxx 600 index ticked lower, led by …

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China stocks dip, yuan weakens as PBOC holds loan rate

Bloomberg China’s restrained approach to easing spooked financial markets on Tuesday, with stocks and the yuan dropping the most in weeks. The Shanghai Composite Index retreated 1.7 percent, its biggest decline in more than two months, to close below the psychologically important 3,000 level. The onshore yuan fell 0.37 percent, the most in three weeks, to 7.0950 a dollar as …

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