- OPEC + Russia may discuss calibrating oil output
Prices closed at the highest in three weeks on Thursday after Novak said that the Organization of Petroleum Exporting Countries and other producers may meet to discuss output.
- China has a stock market, but it is not like the American stock market
On the Thursday, trading on Chinese stock markets was again halted after barely 30 minutes, when panic selling and an attempt to beat the circuit breaker saw shares fall by 7%.
Alibaba beat analyst estimates for revenue and profit, traditionally the primary metrics by which a company’s performance is measured…but there are signs of the slowdown in the world’s second-largest economy
- Honeywell hits estimates, and the aerospace industry is rising
Aerospace was the bright spot for Honeywell during the quarter with sales rising 3.7 percent to $3.98 billion.
- Sweden is either awesome or crazy
Sweden is moving to a six-hour working day in a bid to increase productivity and make people happier. “To stay focused on a specific work task for eight hours is a huge challenge. In order to cope, we mix in things and pauses to make the work day more endurable. At the same time, we are having it hard to manage our private life outside of work.”
