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Strategic Moves by T Rowe Price Equity Income Fund With a Spotlight on UnitedHealth Group
ConocoPhillips (COP) Receives Second FTC Request on Merger Deal
Kinder Morgan (KMI) to Report Q2 Earnings: What to Expect?
Oil Slips on Chinese Demand Concerns Despite U.S. Rate-Cut Optimism
0756 GMT - Oil prices are edging lower on concerns over China's demand outlook despite dovish comments from Fed Chair Jerome Powell ramping up bets on a September rate cut. Brent crude is down 0.7%
Airbus has increased its forecast for demand in the next 20 years, with wide-body aircraft leading the way.
Due to the modernization of long-haul fleets by many airlines and the booming economy in Asia turning to air travel, Airbus raised its demand forecast for jetliners for the next 20 years on Monday. The world's largest aircraft manufacturer predicted in its annual report on trends in the jet airliner industry that the global fleet will more than double to 48,230 aircraft in the next 20 years. Airbus forecasts that the industry will deliver 42,430 new aircraft in the next 20 years, including 41,490 passenger aircraft. Both of these numbers have increased from the previous survey.
Crude Oil: Downside Pressures to Continue – TDS
Crude oil markets are also particularly vulnerable to a downtape, TD Securities senior commodity strategist Daniel Ghali notes.
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