On Friday Global index publisher FTSE Russell said it will delete CNOOC Ltd from its global and China indexes due to the U.S. investment ban.
India, one of the world’s top crude oil consumers, has slammed OPEC+ for creating confusion with its latest decisions regarding oil supply, with many oil importers seeing their expectations of higher volumes disappointed.
On Wednesday Morgan Stanley is set to report fourth-quarter earnings before the opening bell. Earnings: $1.27 a share, 2.4% lower than a year earlier, according to Refinitiv. Revenue: $11.5 billion, 6.3% higher than a year earlier.
Beijing-based ByteDance launched on Tuesday its third-party payment service for the Chinese version of its hit short video app TikTok, “Douyin Pay”, as it presses to expand into the e-commerce business in China.
Adnoc, the Abu Dhabi state crude oil company, Adu Dhabi Investment Holding, and Mubadala Investment Co., two state investment funds, have teamed up in an Abu Dhabi Hydrogen Alliance to develop hydrogen production and export capabilities, joining a growing number of businesses betting on hydrogen, Argus reports citing Emirati media.
On Friday crude oil prices fell 0.31 per cent to Rs 3,887 per barrel as participants reduced their positions on low demand. On the Multi Commodity Exchange, crude oil for the January delivery eased by Rs 12, or 0.31 per cent, to Rs 3,887 per barrel with a business volume of 2,403 lots.
One of the top Apple analysts, TFI’s Ming-Chi Kuo said in a note today that Apple will launch two new MacBook Pro models this year with 14-inch and 16-inch screens, a new design and the return of MagSafe charging ports.
Amazon defended its decision to drop Parler from its web hosting service in response to a lawsuit filed by the Parler earlier this week. In court filings late Tuesday, Amazon said it flagged dozens of pieces of violent content to the social media app starting in November 2020.
Amazon is pushing deeper into education with a new learning platform that’s designed to help Indian students get into prestigious engineering colleges. The so-called Amazon Academy, announced Wednesday, will be available through a new Android app and a website.
Walmart already drops off groceries to customers’ doors and in some other cities, it puts them directly inside of their refrigerator. The company said today that it will soon test another convenient approach: Deliveries to a smart cooler on customers’ front porch or near their doorstep.