Oil prices collapsed after Angola announced its withdrawal from OPEC

Oil prices collapsed after Angola announced its withdrawal from OPEC

The price of Brent crude fell below $79 a barrel after Angola, one of the world’s largest oil producers, announced it was leaving the Organization of Petroleum Exporting Countries (OPEC). This is evidenced by data from the London ICE exchange, Tengrinews.kz reports with reference to Lenta.Ru. At the lowest point, quotes dropped to $78.7. At … Read more

Gold Surges Past $2,000 Mark on Concerns of Middle East Conflict and Iran Involvement

Gold Surges Past $2,000 Mark on Concerns of Middle East Conflict and Iran Involvement

Gold breached the psychological $2,000 mark for the first time since May on concerns surrounding the Middle East conflict for a longer-term war involving other parties to the conflict, most notably Iran. Gold rose as much as 1.2 percent to $2006 after the Israeli army said it was expanding its ground operation in the Gaza … Read more

The Life and Works of German Painter Karl Heinisch

The Life and Works of German Painter Karl Heinisch

Born: March 23, 1847 in Neustadt (today Prudnik) Died: December 29, 1923 Munich Karl Heinisch was a German painter. He was the son of a chancellor. After studying at the Royal Academy of the Fine Arts in Munich, he was represented almost every year from 1879 to 1913 at the Munich annual exhibitions with motifs … Read more

Bad! Wholesale food prices are at an all-time high

Ahead of the holiday, data from the Commodity Exchanges and Markets Commission marked an all-time record: 10 consecutive weeks of continuous rise in wholesale food prices, BNT reports. Eggs have risen in price, followed by sugar and cheese. The price of flour, cow’s cheese and yoghurt is down slightly. Here are the wholesale prices of … Read more

Cryptocurrency exchange operator FTX declares bankruptcy

FTX Group, operator of the Bahamas-listed cryptocurrency exchange FTX, filed for Chapter 11 bankruptcy, which allows for corporate reorganization. In a company statement, published his Twitter account also reports the resignation of the head of the FTX Group, Sam Bankman-Fried. John J. Ray III will succeed him in this position. This step was preceded scandal … Read more

European equities slide as fears of interest rate hikes grow

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" The pointer has dropped Stoke 600 1.2 percent European, thus recording the third consecutive session of defeats. US data showed employers in the US hired more workers than expected in September and the decline Unemployment rate The 3.5% registration, which has increased speculations that the US Federal Reserve will raise … Read more

European stock exchanges drop after 3 days of recovery

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" All eyes are now on the UK composite PMI data, Eurozone and US employment data. actions move withdraw Stoxx 600 The European Union is up 0.5% by 0711 GMT. On Tuesday, the index recorded its best daily performance since mid-March after weak US manufacturing data, declining US jobless claims and … Read more

Marafiq of Saudi Arabia is offering 29% of its shares to the public

According to the company’s website, Marafiq is the main energy supplier for the industrial cities of Jubail and Yanbu and supplies power to oil and petrochemical plants owned by companies including Aramco and SABIC. Marafiq has hired HSBC Saudi Arabia and Riyad Capital to manage its initial public offering, in line with the acceleration of … Read more

Change in Gulf Inventory Industry Indices. The markets of Kuwait and Saudi Arabia are on the increase

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" index fell “MSCI” Wider actions in Asia And the Pacific outside Japan By 0.4 per cent, after a new increase European energy prices to increase fears of a recession. The index has fallen over the past week. The prices have increased Gas in European Union 13 percent last night to … Read more

Tech shares breach US index closures

US equities closed greater soon after a sudden fall in tech stocks, with traders looking optimistic about the most recent earnings spherical amid developing fears about slowing progress and rising funding fees. managed S&P 500 Index From accomplishing modest gains in a unstable session that integrated a steep drop right after the index unsuccessful to … Read more