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  • Dec 15, 2024

Glencore Hires Ex-BP Oil Trader for Top Crude Job in Asia

(Bloomberg) -- Glencore Plc has hired ex-BP Plc trader Aditya Ravavarapu to lead its Asian crude oil trading team out of Singapore, according to people with knowledge of the matter.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsRavavarapu is currently on gardening leave and will start with Glencore in January,

  • Dec 15, 2024

What's ahead for the markets in 2025, according to experts

U.S. stocks rose in 2024, fueled by the unprecedented surge of artificial intelligence — a revolutionary technology that has driven investor sentiment. Inflation also eased after a couple of years of persistent price pressure, allowing the Federal Reserve to start cutting interest rates.

  • Dec 15, 2024

French Bonds, Stocks Slip After Moody’s Downgrades Credit Rating

(Bloomberg) -- French bonds and stocks lagged peers after Moody’s Ratings cut the country’s credit rating, putting more pressure on officials after far-right leader Marine Le Pen toppled the previous prime minister over a budget dispute.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsThe yield on 10-year French debt rose three bas

  • Dec 15, 2024

French Bonds, Stocks Slip After Moody’s Downgrades Credit Rating

(Bloomberg) -- French bonds and stocks lagged peers after Moody’s Ratings cut the country’s credit rating, putting more pressure on officials after far-right leader Marine Le Pen toppled the previous prime minister over a budget dispute.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsThe yield on 10-year French debt rose three bas

  • Dec 15, 2024

Korean Won, Stocks Falter as Impeachment Lift Proves Fleeting

(Bloomberg) -- A rally in South Korea following the impeachment of President Yoon Suk Yeol proved to be short-lived on Monday, with stocks and the currency reversing early gains as focus quickly shifted away from politics and back to the economy.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsThe benchmark Kospi

  • Dec 15, 2024

Korean Won, Stocks Falter as Impeachment Lift Proves Fleeting

(Bloomberg) -- A rally in South Korea following the impeachment of President Yoon Suk Yeol proved to be short-lived on Monday, with stocks and the currency reversing early gains as focus quickly shifted away from politics and back to the economy.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsThe benchmark Kospi

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