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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Boeing to issue layoff notices to thousands next month, union and source say
Boeing (NYSE:BA) will send 60-day notices in mid-November to staff being made
redundant as part of a plan announced last week to cut 17,000 jobs at the
debt-laden planemaker, an engineering union spokesperson and one industry source
said on Monday.
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US dollar climbs to 10-week peak; euro, China's yuan fall
The U.S. dollar touched a 10-week high on Monday in thin trading, extending its
weeks-long bullish run sparked by data showing a modestly slowing economy that
lined up with bets for moderate interest rate cuts by the Federal Reserve.
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Oil prices drop on concerns China's flagging economy to limit demand
Oil prices fell on Monday after data showed China's inflation rate declined and
a lack of clarity on the country's economic stimulus plans stoked fears about
fuel demand in the world's biggest crude importer.
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OPEC cuts 2024, 2025 global oil demand growth view again
OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting
data received so far this year and also lowered its projection for next year,
marking the producer group's third consecutive downward revision.
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Futures mixed before earnings-heavy week; key economic data on tap
U.S. stock index futures were mixed on Monday as investors geared up for a week
packed with third-quarter earnings reports and economic data that will likely
test stretched stock market valuations.
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Google wants US judge's app store ruling put on hold
Google has asked a California federal judge to pause his sweeping court order
requiring it to open up its app store Play to greater competition.
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