Breaking News
Dec 5, 2022
  • Gitlab Inc soared more than 20% after the software developer said the fiscal third quarter loss narrowed to 33 cents from 62 cents a year ago and sales rose 69% to $113 million.
    • Herbalife Nutrition Ltd plunged 11% after the multi-level marketing company announced an offering of $250 million convertible senior notes due in 2028.
    • Dec 4, 2022
      • OPEC+, a group of 23 oil producing nations, confirmed to cut December production by 2 million barrels a day at its monthly meeting on Sunday.
        • China and Saudi Arabia are expected to announce a security partnership and arms deal after premier Xi Jinping's visit to Riyadh starting December 7th.
        • Dec 3, 2022
          • Chinese cities, including Beijing and Shanghai, begin to roll-back coronavirus restrictions after weeks of protests across the nation.
            • Hourly wages for the U.S. non-farm workers rose at the fastest monthly pace of 0.6% in ten months to $32.83 in November, the Bureau of Labor Statistics said.
              • OPEC and Russia are expected to leave unchanged the production reduction target by 2 million bpd after the meeting on Sunday.
                • Guyana agreed to renew its 2016 50:50 oil production sharing contract with ExxonMobil that pays only 2% royalty to the South American nation.
                  • Qatar signed a 15-year contract to deliver 2 million tons a year of LNG to Germany through ConocoPhillips beginning '26, supplying 3% of Germany's needs.
                    • After decades of coddling oligarchs and dirty money, Britain's agency said today it detained a "wealthy Russian businessman" on money laundering suspicion.