Economic news
ConocoPhillips to cut up to quarter of staff as oil prices slide
Job losses at US major are latest in swath of cutbacks affecting sector
Global bonds rally after poor US economic data
Long-dated bonds recover from historic lows after job openings data comes in below forecast
Apollo considered M&G as takeover target
Chief of FTSE 100 fund group says ‘there is no engagement’ with private capital groups
Job opening data falls to levels rarely seen since pandemic
The Job Openings and Labor Turnover report showed less than 7.2 million listings in July.