Oil price rises after Opec+ pauses oil output hikes amid glut fears – business live

Rolling coverage of the latest economic and financial news, as Opec+ pauses oil output hikes beyond December amid fears of a crude glutShares in Italian drinks maker Campari have fallen almost 3% tthis morning after Italian tax police seized €1.29bn worth of shares in the company, held by its controlling shareholder, following a tax evasion investigation.On Friday police said they were seizing Campari shares held by its controlling company Lagfin after a probe found €5.3bn of allegedly undeclared capital gains.“The booking cycle for academic year 2025/26 has seen an increase in reservations from UK students and a reduction in the number of Chinese students staying with us, potentially the result of geopolitical events.Rental growth remains in line with guidance and we are well positioned for January sales activity. All the while, we have continued to improve the quality of the portfolio whilst delivering on capital deployment commitments.” Continue reading...

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