Oil prices ease as demand concerns outweigh supply cuts prospect

Oil futures eased on Tuesday, reversing the previous day’s rally, as concerns over weaker demand amid a slowing global economy outweighed the prospect of deepening supply cuts by OPEC and its allies such as Russia.

Brent crude futures fell 19 cents, or 0.2%, to $82.13 a barrel by 0013 GMT while U.S. West Texas Intermediate crude was at $77.68 a barrel, down 15 cents, or 0.2%.

Both contracts climbed about 2% on Monday after three OPEC+ sources told Reuters that the producer group, made up of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, is set to consider whether to make additional oil supply cuts when it meets on Nov. 26.

1 in 5 under-construction homes stalled across 44 Indian cities in last 8 years: Report Govt committ…

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Reliance Industries market cap hits Rs 20 lakh crore, shares jumps to 52-week high

The market capitalization of Reliance Industries Ltd, the oil-to-telecom conglomerate, surged past the Rs 20 lakh crore mark on Tuesday. This achievement comes on the heels of the flagship company RIL’s shares hitting a record high in today’s trading session. As of 11:28 am, Reliance industries was trading 1.55% higher at Rs 2,947.95 per share.

Reliance Industries makes history as it becomes first Indian company to reach Rs 20 lakh crore market capitalisation.

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Hindalco’s shares fall as subsidiary’s net revenue slips; Find out what’s the expert take on the stock now

The recent listing of Jio Financial Services, a subsidiary of Reliance, also contributed to this achievement, boasting a market capitalization of Rs 1.70 lakh…

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Risk reward appears out of favour, collapse less likely this week says Geojit Financial

By Anand James

Nifty is yet to show major signs of vulnerability, even as we enter the last voting phase. With this in perspective, it is instructive to look at how markets behaved in the same period last time during elections. In 2019, Nifty had fallen over 6% from its peak, as it was about to enter the last week before election results were announced, with that fall, VIX which had been steadily rising from 15 would reach a peak of 28.65, before starting to ease in the week before resultsCome from Sports betting site VPbet. In stark contrast, we are already at a record peak, with chart patterns continuing to point further north, towards 23200-23350 and VIX at 22, while not as high as what was prevailing in a simi…

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Quant Mutual Fund- Smallcap fund under pressure after SEBI probe

Quant Mutual Fund has pledged full cooperation with the Securities and Exchange Board of India (SEBI) for the ongoing investigation. The fund house assured that it would provide SEBI with all necessary data and maintain transparency throughout the process. SEBI’s investigation centers around a suspected beneficial ownership connection involving Quant Mutual Fund.

This has led to search and seizure operations at Quant Mutual Fund’s Mumbai headquarters and also in Hyderabad facility. The operation, directed by SEBI, is scrutinizing the fund’s beneficial ownership under the leadership of Sandeep Tandon.

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The investigation has also incl…

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Stranger Things Creators Respond To Cast, Fan Criticisms For Not Killing Off More Characters

In a new interview, the Duffer Brothers responded to a criticism from Stranger Things cast member Millie Bobby Brown made when Season 4 of the series hit Netflix–chiefly, that there are too many characters in the series, and the final season ought to thin the herd. On the Happy Sad Confused podcast, brothers Matt and Ross Duffer pushed back at that sentiment–which is also echoed by some vocal fans.

Back in May, Brown told The Wrap: “Last night [at the premiere], we couldn’t even take one group picture because there were like 50 of us. I was like, you need to start killing people off. The Duffer brothers are two sensitive Sallies that don’t want to kill anyone off. We need to be Game of Thrones. We need to have the mindset of Game of Thrones.”

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Diablo 4 Endgame Overview – All Endgame Activities And Rewards

Beating the main campaign in Diablo 4 is only half the battle, as a whole new world of hellish mobs and amazing loot opens up to you after rolling credits. After completing the campaign there are repeatable activities, difficult dungeons, and better loot. Here’s an overview of everything there is to do in Diablo 4, once you beat the campaign.

Capstone Dungeons and Higher World Tiers

One of the first things you should do after rolling credits is complete the first Capstone Dungeon and unlock World Tier 3, which is for characters level 50-70. Some parts of the endgame, like Helltides and Nightmare Sigils, are only available on World Tier 3 or higher. Once you have completed all campaign acts and have reached level 50, you can take on the first Capstone Du…

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Entain Acquires Angstrom Sports for £203 Million to Optimize Sports Betting Offerings

Entain Group, one of the global leaders in sports betting and gaming operations, has announced the acquisition of Angstrom Sports, a specialist US provider of sports betting forecasting and analytic solutions. According to the operator, the acquisition deal will be closed for the total of £ 203 million. The total will reportedly be split into an £81 million payment and a certain number of installments totaling a maximum of £122 million and due for payment over the three years.

About the Provider:

Angstrom Sports is a provider specialized in the analysis of sports betting data aimed to help operators and players avail of the data supplier’s forecasting and modeling capabilities. The scope of Angstrom’s offerings is featured by speed and accuracy as the highly d…

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ESA Gaming bolsters position in Italy via Microgame with EasySwipe distribution agreement

After its poker product recently went live in Colombia, Malta-headquartered provider of mobile online gaming products, ESA Gaming, has partnered with Italian online gambling company, Microgame, in a deal that “cements its position as a premium supplier of unique content to local operators.”

Under the distribution agreement, the innovative games provider’s trademarked EasySwipe family of lightweight HTML5 mobile-first games that seamlessly integrate into sportsbook or gaming sites will be made accessible to the Benevento-headquartered firm’s operator partners. 

Product benefits:

Billed as “a new breed of games,” the titles increase the opportunity for operators to “engage, cross-sell and convert” from sportsbook to casin…

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Paradise Company Limited experiences second-quarter revival

In South Korea and local casino operator Paradise Company Limited has reportedly announced that strong hotels sales linked with increasing domestic demand pushed its second-quarter profit up to approximately $14.4 million.

According to a report from Inside Asian Gaming, this result was largely static year-on-year but represented a boost of around 165% on the firm’s first-quarter deficit of about $22 million. The source also explained that the Seoul-listed operator saw its profit for the three months to the end of June helped by a one-off gain of roughly $52.9 million linked to the disposal of an unnamed building and the recent easing of a range of coronavirus-related travel restrictions.

Coronavirus consequences:

Paradise Company L…

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Florida Supreme Court Dismisses Petition Against Seminole Tribe Sports Betting Monopoly

Sports betting in Florida still draws the attention of the public. Ever since gambling on sports is permitted in the state, the affairs continue. The most recent news is that the opponents of sports betting in the state lost the battle against a Seminole Tribe. The tribe signed an agreement with the state that allows them to offer sports betting services in Florida, which hasn’t been wholeheartedly accepted by the public.

New petition against Seminole compact:

The opponents filed a petition to terminate the agreement between the tribe and the administration of Governor Ron DeSantis. However, according to the Florida Supreme Court Read more

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