Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

OPEC+ announces further oil cuts

Published

on

The producers agreed to take out 1.1 million barrels of oil per day

 
Saudi Arabia and other OPEC+ producers have announced further oil output cuts.

The producers agreed to take out approximately 1.1 million barrels of oil per day, in order to raise the price of the commodity.

The development comes a day before a virtual meeting of the OPEC+ ministerial panel, which had been expected to stick to the original plan of cuts already in place.

Last month, oil fell to $70/barrel, its lowest level in 15 months.

This was due to the global banking crisis, and concerns the saga would hit demand.

Continue Reading

Money

China has pledged to “significantly increase” debt to jumpstart its economy

Published

on

Finance Minister Lan Foan announced plans to help local governments tackle debt, support low-income households, and boost the property market.

Investors have been urging such steps as China faces deflationary pressures and a sharp property market downturn.

However, no figure was provided for the stimulus package, leaving markets anxious about the strength and duration of the recovery effort.

Economists warn that this lack of clarity may prolong uncertainty until China’s legislature approves extra debt measures.

Concerns are rising that China may fall short of its 5% growth target, signalling deeper structural challenges ahead.

Continue Reading

Leaders

Niche accountants proving essential to e-commerce success

Published

on

Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

Continue Reading

Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

Published

on

Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

Continue Reading

Trending Now