Let’s start with a number between 32.5 million and 33 million. Yeah, there’s a lot of wiggle room there, but those are the numbers that the Organization of the Petroleum Exporting Countries (OPEC) agreed to cap its production of oil barrels per day. It’s the lowest limit that OPEC has placed on daily oil production in eight years as a means to prop up the struggling price of oil, and it appears to have worked — albeit maybe only temporarily.
Stocks surged after the news was announced on Wednesday (Sept. 28), and the S&P 500 closed 4.3 percent higher, its biggest one-day gain since January.
But there were a lot of other big numbers flying out there this week, too. Luckily, the PYMNTS 11 is here to break it all down.
- 10 seconds (or less): That’s how long it will take for Standard Chartered to complete real-time cross-border payment for businesses with another major correspondent bank.
- 51 million: That’s the amount of new funding that Druva, an India-based enterprise security company, has secured from Sequoia Capital India and a new backer, Economic Development Board Investments, based in Singapore.
- 1,000: That’s the number of stores Walgreens Boots Alliance must either sell off or close down in order to meet regulatory requirements for its $17 billion Rite Aid merger.
- 74 and 31: Those are the numbers of company-owned and franchised restaurants, respectively, that Boston-based sandwich chain Cosi operated in 15 states before it filed for bankruptcy.
- $1 billion: That’s the amount that Walmart is potentially looking to invest in Flipkart, India’s biggest eCommerce company.
- $41 million: That’s the amount that Wells Fargo’s board is considering clawing back from embattled CEO John Stumpf amid the fake accounts scandal.
- 8,000: That’s the number of new ATMs that will be popping up in 7-Elevens across the country as the result of a partnership between Fiserv, a financial services provider, and FCTI, an ATM network company.
- 75 percent: That’s the number of smartphone and tablet users who said they have made purchases of products and services via a mobile device during the past six months, according to a new survey.
- $20 million: That’s the amount the Federal Trade Commission announced this week it planned to return to more than 145,000 consumers around the country who were victimized by One Technologies and two partner companies in an online scheme.
- 131: That’s the number of successful cyberoperations Europol’s European Cybercrime Centre said it launched in 2015, compared to just 72 in 2014.
- $189 million: That’s the amount that FreshDirect, an online grocery delivery company, has raised in new venture funding to increase its manufacturing capacity and expand into new delivery areas.
