Oil Prices Rally On China Demand Hopes

Opinion | The Chronic Illness Debate Is More Mainstream — But Still Mysterious

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By Ross Douthat

Opinion Columnist

18 Recipes to Feed a Crowd When Everyone’s Home for the Holidays

Our reporters and editors know what it takes to cook a lot of food — and make it look effortless. Here are some of their favorite dishes for the challenge.

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By Tanya Sichynsky

Galaxy Digital to Buy Self-Custody Platform from Bankrupt Celsius

  • Galaxy Digital, Mike Novogratz’s firm, has won the auction to buy some assets from bankrupt crypto lender Celsius Network.
  • GK8, a self-custody platform, will be acquired by the firm in the bankruptcy proceedings.
  • The value of the deal isn’t disclosed but it is reportedly lower than the $115M paid for it by Celsius.
  • Galaxy Digital has not responded/commented yet.

This article originally appeared on The Tokenist

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PHOTOS: Broomfield Eagles beat the Loveland Red Wolves in 4A State Football Championships

The Broomfield Eagles took on the Loveland Red Wolves in the 2022 Colorado 4A State Championship high school football game at Empower Field at Mile High Stadium on Dec. 3, 2022. Broomfield defeated Loveland 24-14 for the championship win.

PHOTOS: Cherry Creek Bruins defeat the Valor Christian Eagles for the 5A State Football Championship

The Cherry Creek Bruins took on the Valor Christian Eagles in the 2022 Colorado 5A State Championship high school football game at Empower Field at Mile High Stadium on Dec. 3, 2022. Cherry Creek defeated Valor Christian 24-17 for the 5A championship win.

What to Cook This Week

Fluffy chiffon cake, nutty and buttery udon, coconut-braised chicken and more recipes.

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By Sam Sifton

Deion Sanders hired as CU Buffs head football coach: How the sports world reacted on Twitter

Welcome to Colorado, Deion Sanders.

Not long after the NFL Hall of Famer led the Jackson State Tigers to a 43-24 win over Southern for the SWAC championship, “Coach Prime” agreed to become the CU Buffs’ 28th head football coach.

Here’s how the world of sports reacted on social media:

European Economics Preview: Germany Foreign Trade Data Due

Foreign trade from Germany and industrial production from France are the top economic news due on Friday.

At 2.00 am ET, Destatis is scheduled to issue Germany’s foreign trade and import price figures for October. Exports are forecast to fall 0.3 percent on month, slower than the 0.5 percent decrease in September. Likewise, the decline in imports is expected to slow to 0.4 percent from 2.3 percent.

At 2.45 am ET, France’s industrial production data is due for October. Production had decreased 0.8 percent in September.

At 3.00 am ET, unemployment data is due from Spain. The number of people claiming benefits is forecast to fall 20,300 after decreasing 27,000 in the previous month.

At 5.00 am ET, Eurostat is slated to issue euro area producer prices for October. Economists expect producer prices to rise 31.5 percent annually after rising 41.9 percent in September.

AG BARR Buys Boost Drinks For Initial 20 Mln Pounds In Cash

A.G.BARR Plc (BAG.L), a Scottish soft drink maker, said on Monday that it has acquired Leeds-based Boost Drinks Holdings Ltd., for an initial consideration of 20 million pounds on a debt free, cash free basis, from its founder Simon Gray and his wife Alison.

An additional cash consideration of up to 12 million pounds will be based on the future revenue and profitability of the Boost business over a two year period.

The acquisition which is expected to add to A.G. BARR’s earnings, is funded by its existing cash reserves.

For the year to December 31, 2021 Boost had reported a pre-tax income of 1.9 million pounds, on revenue of 42.1 million pounds.

Roger White, CEO of A.G. BARR, said: “Today’s announcement is further evidence of our strategy to continue to grow the business through targeted acquisitions, with a particular focus on developing within high growth and functional categories…”

Oil Prices Rally On China Demand Hopes

Oil prices climbed around 2 percent on Monday, as OPEC+ decided to stick to its policy of lowering oil production and China announced an easing of COVID-19 curbs.

Benchmark Brent crude futures jumped 1.8 percent to $87.12 a barrel, while WTI crude futures were up 1.8 percent at $81.44.

OPEC+, which comprises the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, on Sunday agreed to sustain their output reduction policy in the face of the EU’s ban and price limit on Russian oil shipments.

The oil producers have agreed to stick to their October plan to reduce output by 2 million barrels per day from November, as the G7 price cap of $60 per barrel and the EU import ban on Russian seaborne crude oil and oil products takes effect today.

Prices were also boosted by China reopening hopes as more Chinese cities relaxed some anti-COVID measures and testing mandates over the weekend.