Roula Khalaf, Editor of the FT, curates the Unlock the Editor’s Digest newsletter featuring Libya’s announcement to resume full oil production, adding 700,000 barrels a day to the market following a political dispute resolution. The move is expected to mitigate concerns over oil supply disruptions amidst escalating conflicts in the Middle East, impacting global oil prices. The resumption follows a standoff between rival factions in Libya, with the country divided since 2014, but recent agreements have paved the way for production to resume.
Full Article
Chipotle Shares Slide on Weak Same-Store Sales. Time to Buy the Dip or Run for the Hills?
Chipotle Mexican Grill (NYSE: CMG) is facing challenges in customer traffic, reporting its second consecutive quarter of same-store sales declines, with a downturn beginning in January 2023. Following a 24% drop in stock value by July 24, investors are weighing whether this presents a buying opportunity or a signal to exit. Want More Context? 🔎
Read more