Andy Lipow of Lipow Oil Associates states the minimize “merely was really paltry” and indicators that the team is “going its very own way.”
Supply
OPEC+ arrangement to lower oil supply is a ‘political snub’ to Biden and the European Union: Consultancy
World
L’Oreal stock pops 8% after ‘impressive’ earnings
Shares of the world’s largest cosmetics company L’Oreal popped as much as 10% after it reported strong growth ahead of expectations after the bell on Wednesday. Organic sales growth in the first quarter was 7.6%, compared to expectations of around 3%, according to analysts. Underlying growth was “very impressive,” said Barclays analysts. “Cosmetics markets growth of […]
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World
Microsoft expands AI footprint in Australia with $18 billion investment
SYDNEY, AUSTRALIA – APRIL 23: Chairman and CEO of Microsoft Satya Nadella speaks on stage during the Microsoft AI Tour at TikTok Entertainment Centre on April 23, 2026 in Sydney, Australia. Nadella, making his first visit to Australia since 2019, addressed business leaders, developers, and government representatives at the Microsoft AI Tour in Sydney on […]
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World
Justin Trudeau tells CNBC that international organizations may no longer be fit for purpose. Watch live
Canada’s former Prime Minister Justin Trudeau said at CNBC’s CONVERGE LIVE in Singapore Thursday that international financial institutions were “spectacularly ill-adjusted” to respond to modern day issues. “You can look to different places around the world to realize that those institutions, whether it was the WTO or the IMF or what have you, aren’t necessarily […]
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