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After years of waiting, it’s finally here.

SINGAPORE – Oil prices dipped on Tuesday, with Brent set to extend its losing streak to an eighth day, as investors remain concerned about a global glut and mild winter demand that sent prices close to 11-year lows during the previous session.

The billionaire chairman of Fosun Group, one of the mainland’s biggest privately held conglomerates, has re-emerged after disappearing from public view in connection with an investigation by authorities.

The company said that it would, instead, look at creating a separate company to hold the rest of its assets, in a strategy it is calling a “reverse spin” of its original plan.

“Oil prices fell to a seven year low this week as OPEC’s failure to agree on a target continues to reverberate through the markets”, analysts said.

Some 62 percent don’t expect the Fed’s preferred inflation index, the personal consumption expenditures price index, or PCE, to achieve a third consecutive month of 2 percent or higher readings until 2017 or later.

Meanwhile, what Canyon Capital wants-to sell Yahoo now-stemmed from Yahoo’s supposed failure in preparing a backup plan for the Alibaba spinoff. Inc.is facing additional pressure from investors who are running out of patience to see results.

The company said it thinks the illnesses are an isolated incident of norovirus and not linked to the nationwide outbreak that sickened at least 52 people in nine states.

“The next quarter is going to be particularly tough as we go from a high-demand to a low-demand quarter”, said Richard Gorry, director of consultancy JBC Energy Asia.

In connecting Federal Reserve interest rate policy since the 1950s with inflation and employment conditions, some interesting results materialize.

The company didn’t clarify if Guo himself is under investigation, but said its directors feel the probe has not posed any material adverse impact on the group.

In addition to temporarily closing 43 restaurants in Washington state and Oregon, Chipotle announced a host of new safety measures including increased testing and training in the wake of the outbreak.

California-based electric auto start-up Faraday Future (FF) on Thursday announced a decision to build a $1 billion production facility in a suburb of Las Vegas, Nevada.

A growing number of traders are, nonetheless, positioning themselves for notably higher prices a year from now through the purchase of bullish call options. Light Louisiana Sweet, a similar grade of crude sold on the Gulf Coast, traded at 35 cents a barrel more than Brent.

The worst-kept secret in the financial world is that the Federal Reserve is all but sure Wednesday to raise interest rates from record lows by a modest quarter point.