SA: Morgan Stanley, HSBC said to cut Asia investment-banking jobs
SEEKING ALPHA reports: With business outlooks hindered by a dealmaking drought and sluggish market conditions in ...
SEEKING ALPHA reports:
Crude oil prices rise modestly following reports that OPEC+ has decided to reduce production by 2M bbl/day, the group’s biggest cut since 2020.
November Nymex crude (CL1:COM) +1% at $87.40/bbl; November Brent crude (CO1:COM) +1.1% at $92.81/bbl.
Stock futures add to earlier pre-market losses: Dow Jones -1.1%, S&P -1.2%, Nasdaq -1.3%…
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Reuters also reported that “OPEC+ agreed the biggest cut to oil production since the 2020 Covid pandemic at a Vienna meeting on Wednesday, curbing supply in an already tight market despite pressure from the United States and others to pump more.”
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Iran may now pose a threat to multimodal supply chains via Dubai
Capture of MSC Aries will further drive up Indian export costs
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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