restrictions

Biden

More restrictions on Biden’s oil and gas are on the horizon | OilPrice.com

Despite pleading with oil and gas companies to increase production in recent months, to tackle global shortages and rising prices, President Biden is once again hitting the industry hard by proposing a bigger cut emissions in operations. And he’s not alone, as the UK and EU seek to reduce gas flaring and venting practices to …

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Reaction to China's easing of COVID restrictions in major policy shift

Reaction to China’s easing of COVID restrictions in major policy shift

Dec 7 (Reuters) – China on Wednesday announced the most sweeping changes to its strict zero COVID policy since the pandemic began three years ago, easing rules that had curbed the spread of the virus but had hobbled the world’s second-largest economy worldwide and sparked protests. The easing of rules, which include allowing infected people …

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What is a line of credit?  It's a loan that works like a credit card with some restrictions.

What is a line of credit? It’s a loan that works like a credit card with some restrictions.

Insider experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. A line of credit is a flexible financing option that you can …

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US oil hits lowest price of the year thanks to China as OPEC+ exit decision looms

US oil hits lowest price of the year thanks to China as OPEC+ exit decision looms

Benchmark oil futures in the United States touched their lowest price of 2022 on Monday, briefly erasing what had been a sizable gain since the start of the year as China’s zero COVID policy was is wreaking havoc on energy demand expectations. The price move came less than a week ahead of a Dec. 4 …

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China Covid

Metals markets breathe sigh of relief as China eases Covid restrictions | OilPrice.com

Going through AG Metal Miner It may be winter, but it feels like spring for many in the metals industry and for metal prices in general. After years, China plans to ease its COVID-19 restrictions a bit. This includes a reduction in the mandatory quarantine period, which has caused myriad problems for the country’s economy. …

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Alibaba posts surprise loss as China's Covid restrictions take their toll

Alibaba posts surprise loss as China’s Covid restrictions take their toll

(Bloomberg) – Alibaba Group Holding Ltd. reported a surprise loss after quarterly revenue barely rose as China’s rigid Covid controls continue to depress consumer sentiment. Bloomberg’s Most Read China’s e-commerce leader reported a net loss of 20.6 billion yuan ($2.9 billion) against forecasts of a profit of almost the same amount, after writing down the …

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Disney to begin layoffs, targeted hiring freezes and travel restrictions

Disney to begin layoffs, targeted hiring freezes and travel restrictions

Disney will begin layoffs, implement a targeted hiring freeze and limit corporate travel as part of a broad cost-cutting campaign announced to management on Friday. In a note obtained by Variety, which was sent to top executives on Friday afternoon, Disney CEO Bob Chapek wrote, “I fully realize this will be a difficult process for …

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