Business
Oil market set for seventh weekly climb as WTI nears $92 a barrel
Oil prices rose for a seventh straight week as investors focused on rapidly tightening global markets and geopolitical tensions.
West Texas Intermediate (WTI) hit a fresh seven-year high near $92 a barrel and is set to gain more than 4% this week. Brent has surged 18% since the start of the year, with banks including Goldman Sachs expecting it to hit $100.
This week’s gains were driven by a combination of factors. Investors are skeptical that the Organization of the Petroleum Exporting Countries (OPEC) and its allies will be able to fully implement plans to increase production. Meanwhile, traders are tracking the situation in Ukraine amid fears of a planned Russian invasion, which Moscow denies. In Texas, a wave of cold weather affected some supplies.
Oil has surged over the past year and commodity prices have generally risen as demand recovers from the painful effects of the pandemic. The rally cut inventories and prompted traders to pay hefty premiums to secure near-term supplies. The jump will fuel inflationary pressures, squeeze consumers and alert politicians concerned about the fast-rising cost of living.
“Oil prices remain constructive amid solid fundamentals,” said John Driscoll, director of JTD Energy Services Pte in Singapore. “OPEC continues to miss its goals, although it is expected to do better.”
Complete News Source : Business Standard
Lifestyle
10 best activities hacks for the better lifestyle for Business Managers.
Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
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