NEWS DIGEST 01.12.2020: UK high street clothing store Debenhams on brink of collapse, Arcadia already on its way out

Good morning. Happy 1st of December. Our news today is taken from the Google News service. The UK retail industry, which has taken a huge hit from the coronavirus pandemic, suffered another huge blow, after it was announced that the … Continue reading NEWS DIGEST 01.12.2020: UK high street clothing store Debenhams on brink of collapse, Arcadia already on its way out

OPEC PRODUCTION CUTS: Oil producers likely to continue curbs on production

Doha – VIJAY SHAH via Qatar National Bank and Investing.com OPEC (Organization of the Petroleum Exporting Countries), a network of fourteen crude oil producing nations may be likely to continue maintaining its curb on production output for the foreseeable future according to commodity analysts at the Qatar National Bank, as reported by Investing.com today. Record low oil prices, natural disasters and a rapidly shifting political landscape have given a bullish feel for the oil market. An oversupply of oil on the international market forced OPEC members to agree to limit their outputs in order to prevent a sudden decline in … Continue reading OPEC PRODUCTION CUTS: Oil producers likely to continue curbs on production