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- Reuters
India's newest budget carrier Akasa begins commercial operations
India's newest budget carrier Akasa Air, which is backed by billionaire Rakesh Jhunjhunwala, began commercial operations on Sunday with a maiden flight from the financial capital of Mumbai to the city of Ahmedabad. Starting from Sunday, Akasa Air will operate weekly flights from Mumbai to Ahmedabad, a commercial hub in the neighbouring state of Gujarat, the company said in a statement. "We want to serve our country by creating strong transportation links which are the underpinning of any economic growth engine" Vinay Dube, founder and CEO of the airline said in the statement.
- Business Insider
This map shows where Europe gets its natural gas - and why economic disaster is looming if Russia cuts off its fuel supply
Russia has stoked up an energy crisis in Europe by cutting the capacity of the Nord Stream 1 pipeline. Here's where the continent gets its natural gas.
- TheStreet.com
McDonald's has an Answer for Wendy's, Burger King
The popularity of Wendy's Biggie Bag is rising as are prices on everything -- except the Biggie Bag. The choices to toss in the bag are a Jr. Cheeseburger, Crispy Chicken BLT, or a Double Stack. The Biggie Bag still includes a 4-piece chicken nugget, small fries, and a small drink.
- TheStreet.com
Gasoline At (or Under) $2.99 a Gallon: Here's Where
Several states have seen gasoline prices drop to three bucks or lower as crude oil prices have continued to decline.
- Insider Monkey
5 Best Technology Stocks To Buy Now
This is the second part of our article titled 10 Best Technology Stocks to Buy Now. We discussed why technology sector is the best place to look for long-term winners as well as how we determined the best stocks within this sector in the first part. You can read the first part of this article […]
- Motley Fool
Ford Stock Can Keep Rising After Solid July Sales
The rebound in Ford's U.S. deliveries should give investors more confidence in the underlying demand environment.
- Bloomberg
Oil Endures Choppy Start to Week With Demand Concern to the Fore
(Bloomberg) -- Oil shook off an early slump at the week’s open to push higher as investors weighed up prospects for demand ahead of a barrage of intelligence from leading energy players on the market outlook.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedWinners and Losers in Democrats’ Signature Tax and Energy BillUS Inf
- USA TODAY
Understanding the Gas Price Rollercoaster
Lead analyst for GasBuddy, Patrick De Haan says gas prices are going down but that drop is being held by a string and it won't take much to break it.
- South China Morning Post
China's trade with Africa gets boost from rising commodity prices despite impact of Covid controls
Trade between China and Africa grew by 16.6 per cent to US$137.4 billion in the first half of this year, boosted by a recovery in commodity prices, especially oil. China imported goods worth US$60.6 billion from Africa, a 19.1 per cent increase compared with the same period in 2021, according to the latest figures from China's General Administration of Customs. Meanwhile, exports to the continent increased by 14.7 per cent to US$76.8 billion. However, growth was fastest in the earlier part of th
- BBC
Jaguar Land Rover owner Tata Motors to buy Ford car plant in India
The American motor industry giant announced last year that it would close its Indian car factories.
- Reuters
Oil bounces as China, U.S. data ease recession concerns
SINGAPORE (Reuters) -Oil prices edged up from multi-month lows on Monday as investors' appetite improved following data on U.S. jobs and Chinese exports that eased recession concerns. Brent crude futures had risen 22 cents, or 0.2%, to $95.14 a barrel by 0439 GMT. Both contracts settled higher on Friday after jobs growth in the United States, the world's top oil consumer, unexpectedly accelerated in July.
- Bloomberg
BlackRock Sees Demand Grow for Thematic ETFs as Inflation Hedge
(Bloomberg) -- Investors are turning to some thematic exchange-traded funds to hedge against inflation and take advantage of the renewed performance of value stocks this year, according to Jay Jacobs, US head of thematics and active equity ETFs at BlackRock Inc. Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedWinners and L
- Washington Post
Senate GOP blocks insulin price cap
Despite support from seven Senate Republicans, an amendment to include a $35 insulin price cap in the Inflation Reduction Act failed to reach the 60-vote threshold on Aug. 7.
- Motley Fool
2 Healthcare Stocks You Can Buy and Hold for the Next Decade
Although they have moved in opposite directions this year, these two stocks should outperform for much of the next decade.
- Engadget
Apple reportedly tells suppliers to avoid 'Made in Taiwan' labels on shipments to China
Apple has reportedly warned Taiwanese suppliers to ensure shipments to China comply with a longstanding labeling regulation following House Speaker Nancy Pelosi’s recent visit to Taipei.
- Reuters
China's exports gain steam but outlook cloudy as global growth cools
BEIJING (Reuters) -China's export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a COVID-induced slump, but weakening global demand could start to drag on shipments in coming months. Exports rose 18.0% in July from a year earlier, the fastest pace this year, official customs data showed on Sunday, compared with a 17.9% increase in June and beating analysts' expectations for a 15.0% gain.
- CBS News
Drivers could soon see average gas prices hit $3.99 per gallon
Drivers have been cutting their miles traveled since March in response to high prices at the pump, one survey shows.
- Bloomberg
Macquarie Targets North Sea as the Green Energy Hub of Europe
(Bloomberg) -- Macquarie Group Ltd. is betting the North Sea -- engine of the UK’s once-booming oil and gas industry -- can be transformed into the green energy hub of Europe.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedWinners and Losers in Democrats’ Signature Tax and Energy BillUS Inflation Peak in Sight But Debate R
- Bloomberg
Circulate Capital's Schegg On Reducing Plastic Pollution
Circulate Capital Asia MD Regula Schegg discusses the investment case for opportunities across South and Southeast Asia's plastics value chain. She speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia".
- Business Insider
US gas prices are sliding toward $4, but hurricane season will have a big say in whether they stay lower
"There's going to be a reduction in [gas] prices after Labor Day unless … a bad storm knocks off refining capacity," a AAA spokesperson said.