Oil Rally Pauses Seeking More Clarity on OPEC Cut, U.S. Response

By Ambar Warrick  Investing.com– Oil prices kept to a three-week high on Thursday, but appeared to have paused a recent rally as markets awaited more clarity on how the OPEC+ intends to carry out a massive supply cut, as well as a U.S. response to the move.  London-traded fell 0.2% to around $93.59 a barrel, while … Read more

Pound Rises as BoE’s Pill Says Fiscal News Needs “Significant” Policy Response

By Geoffrey Smith  Investing.com — The U.K. government’s new package of unfunded tax cuts will most likely require higher interest rates, a top Bank of England official said on Wednesday. The outlook for the U.K. has changed abruptly in the wake of Kwasi Kwarteng’s so-called ‘mini-budget’, Reuters reported the Bank’s chief economist Huw Pill as … Read more

Dish TV Cracks 10% on Shareholders’ Response At AGM: 4/6 Resolutions Rejected

By Malvika Gurung Investing.com — Shares of the direct-to-home (DTH) provider Dish TV (NS:) plunged 10% to Rs 15.3 apiece on Tuesday after its shareholders rejected a majority of the resolutions at the company’s annual general meeting on Monday. The satellite television provider’s shareholders rejected four out of six resolutions at its AGM held on … Read more