Oil Steadies as Drop in US Stockpiles Tempers Economic Worries

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Oil Steadies as Drop in US Stockpiles Tempers Economic Worries

Oil held steady after a reported drop in U.S. crude inventories alleviated some of traders’ concern that slowing economic growth will diminish demand. Futures were little changed above $56 a barrel in New York on Wednesday. The American Petroleum …
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Rand firmer ahead of Fed minutes

The rand was firmer on Wednesday morning ahead of the US Federal Reserve meeting minutes as investors await more clarity on US monetary policy. The markets will be closely watching minutes from the US Fed’s most recent meeting amid the growing …
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CPA firms hiring more techies, fewer accountants

Certified professional accountant (CPA) firms are shifting their hiring models in light of tech acceleration. CPA firms hired 11% more non-accounting
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Parle may lay off 10000 workers amid slowdown, company clarifies: Report

Parle Products Pvt Ltd, India’s largest biscuit maker, may be forced to lay off up to 10,000 workers if a bruising consumption slowdown persists, the Economic Times daily reported Reuters on August 21. Mayank Shah, Category Head of Parle Products, clarified …
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Microloan Startup Tala Raises $110 Million In New Funding

Tala, a Los Angeles startup that makes microloans to consumers and small business owners in emerging markets, is announcing today that it has raised $110 million in funding. The new Silicon Valley venture capital firm RPS Ventures, cofounded by Kabir …
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