liliked//@robot1234:Oil tumbles as much as 10%, breaks below $100 as recession fears mount. Oil prices tumbled Tuesday with the U.S. benchmark falling below $100 as recession fears grow, sparking fears that an economic slowdown will cut demand for petroleum products.West Texas Intermediate crude, the U.S. oil benchmark, settled 8.24% lower at $99.50 per barrel. At one point WTI slid more than 10%, trading as low as $97.43 per barrel. The contract last traded under $100 on May 11. International benchmark Brent crude settled 9.45% hilower at $102.77 per barrel.
vgvf//@DiAngel: It is always the case that the acquired company employees will be layoff with an exception of niche people who knows the role of the operation and business aspect of the company. but in no time, these niche people are unable to blend in or climatise themselves to the new culture, and will eventually, throw in the towel. Have witnessed many of these sorts of acquisition or people. Of course, the employees of purchaser also show some sign of fear as sometimes, there are overlapping area of work.before any announcements are made, there will be rumours spreading like fire. Hence either you are being barbeque or sitting on the fence - to be placed back in the freezer for next run of fire or a
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