Oil edges lower as investors wait for detail of China stimulus
Brent for August settlement dropped 1.5% to $75.49 a barrel.
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Brent for August settlement dropped 1.5% to $75.49 a barrel.
(Bloomberg) -- JD.com Inc. is on track to emerge from a record sales funk as a bounce-back in parts of China’s consumer economy and a $1.4 billion discounting program help revive its online commerce business, a top executive said.Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapUS Submarine Damaged in South China Sea Won’t R
Chinese tech conglomerate hit by regulatory crackdowns and China’s Covid Zero policy.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Oil traders are starting to ignore the most important person in the market. It could prove a risky gambit.