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China reduces purchases of Saudi Arabian oil – Commerzbank

Saudi Arabia is likely to deliver significantly less crude oil to China in September, Commerzbank’s commodity analyst Carsten Fritsch notes. Chinese refineries tend to prefer other Russian oil grades”This was reported by Reuters, citing trading sources. According to the report, deliveries are expected to amount to 1.43 million barrels per…

USD/CAD crawls higher, approaches 1.3800 ahead of the US CPI release

The US Dollar remains firm with all eyes on US consumer inflation figures.The Canadian Dollar struggles with Oil prices near two-month lows.US inflation is expected to have accelerated in July, which might dent hopes of immediate Fed easing.The Canadian Dollar remains on its back foot against a slightly firmer US Dollar, weighed by the low Oil, which keeps the USD/CAD pair on track for a four-day winning streak, with all eyes on the US CPI…

Finance news

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Inside the Helicopter NATO Warships Lean on to Find Russian Submarines

ABOVE THE NORWEGIAN SEA — The sleek, gray NH90 helicopter cut through the brisk Arctic air, leaving the jagged coastal mountains and fjords behind. From above, the frigid blue waters below showed no signs of life.The helicopter wasn’t on the hunt when Business Insider flew from Tromsø, Norway, out to…

Business

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AOL discontinuing dial-up internet service after 34 years of operation

AOL, the company previously known formally as America Online, is discontinuing its Dial-up internet service after 34 years. The service will shutter on September 30, meaning “the associated software, the AOL Dialer software and AOL Shield browser, which are optimized for older operating systems and dial-up internet connections, will be…

Markets

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Marc Andreessen Says This Innovation Could Create the Next Apple

The iPhone catapulted Apple onto the Mount Rushmore of tech, and the device’s successor could do the same for someone else.Smartphones as we know them will eventually feel “primitive,” billionaire venture capitalist Marc Andreessen said in a new interview on the “TBPN” technology podcast that aired Friday. At some point,…

Investing

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