Saudi Aramco’s Q3 Profits Hit $27.5 Billion Amid Global Oil Price Slump
Nov 5, 2024
Profits Decline Due to Lower Oil Prices Saudi Aramco, the state-owned oil giant, posted third-quarter profits of $27.5 billion, a 15% drop from last year’s $32.5 billion during the same period. The decrease is attributed to declining global oil prices and reduced refining
China’s Manufacturing Rebounds in October as Demand Recovers, Survey Reveals
Nov 1, 2024
October PMI Indicates Growth Among Smaller Manufacturers China’s manufacturing sector witnessed a return to growth in October, as smaller manufacturers reported expansion. According to a private survey by Caixin/S&P Global, the Manufacturing Purchasing Managers’ Index (PMI) hit 50.3, surpassing the forecasted 49.7 from