The price of Brent Crude today surged to near $85 a barrel after Opec+ oil producers announced a surprise output cut of more than one million barrels a day.
Movie chain operator Cineworld Group said on Monday it has terminated the sale process for its U.S., UK and Ireland businesses after failing to find an all-cash buyer, and has reached a. | April 3, 2023
UK s FTSE 100 hit a three-week high
on Monday, lifted by oil majors as crude prices rallied
following a surprise output cut by OPEC+, while Cineworld Group
hovered near record lows as it failed to. | April 3, 2023
TROUBLED cinema chain Cineworld has said it will raise $2.26 billion (£1.8 billion) in new funding as part of a plan to exit bankruptcy and terminate a planned sale of its US, UK and Irish businesses.