Texas winter weather raises the price of oil

The southern United States were hit by an extreme cold weather system last week.   The unusually low temperatures led to a shortage of roughly 2 million barrels a day of light American...

Oil Inventories Unexpectedly Rise by 1.026M Barrels Last Week: API

By Yasin Ebrahim Investing.com - U.S. oil stockpiles unexpectedly rose last week despite a cold snap sweeping across Texas that shut in production across the oil-rich state and left millions without power. U.S. crude inventories rose 1.026 million...

Oil Slides After Swinging Over U.S. Outlook, Texas  

Investing.com - Crude prices settled lower on Tuesday as mixed projections over the U.S. economic outlook caused gyrations in a market that continued to capitalize on last week’s monster snow storm in Texas, the...

Gold price drops

Investors trading gold on the commodity market, who assumed a continuing upward trend in the price of investment gold, are now counting their losses. During the 7th week of this year, the...

Huawei 2020 revenue ticks up despite U.S. sanctions, chairman says

By Josh Horwitz SHANGHAI (Reuters) - Huawei Technologies saw slight revenue and profit growth in 2020, in line with its expectations, its rotating chairman said on Tuesday, even as Washington toughened up sanctions against the...

European shares gain on higher commodity prices; HSBC weighs

By Shashank Nayar (Reuters) - European shares reversed early gains to trade lower on Tuesday as mixed corporate earnings updates overshadowed a boost from strong commodity prices, while British bank HSBC fell after abandoning its...

Dollar Flat; Powell Testimony in Focus

By Peter Nurse Investing.com - The dollar was largely unchanged in early European trading Tuesday, after earlier falling to a near six-week low ahead of Federal Reserve Chairman Jerome Powell’s semi-annual testimony to Congress. At 3:55...

Dollar Down, Investors Await Fed’s Response to Rising Inflation

By Gina Lee Investing.com – The dollar was down on Tuesday morning in Asia, dropping to a near six-week low as investors await U.S. Federal Reserve Chairman Jerome Powell’s potential response to rising inflation worries. The U.S. Dollar Index that...

Occidental Petroleum posts loss on asset sale

By Jennifer Hiller HOUSTON (Reuters) - Occidental Petroleum Corp (NYSE:OXY) on Monday posted a larger-than-expected fourth-quarter loss despite higher oil and gas prices as an asset sale weighed on results. The U.S. producer has slashed jobs...

US dollar continues to strengthen

During this trading week - the 6th one in 2021 - the global commodity currency and the domestic currency of the United States of America, the US dollar (USD), continued to show...

Bitcoin cryptocurrency breaks records again

On Monday, 8 February 2021, after the release of a report on the record purchase of Bitcoin (BTC) cryptocurrency by Tesla billionaire Elon Musk worth a total of US$ 1.5 billion US...

UK pubs group Mitchells & Butlers to raise $486 million

(Reuters) - Mitchells & Butlers said on Monday it intends to raise 350 million pounds ($486.05 million) through an open offer of shares, and has reached an agreement with its bankers for a new...

Australia stocks higher at close of trade; S&P/ASX 200 up 0.91%

Investing.com – Australia stocks were higher after the close on Monday, as gains in the Metals & Mining, Resources and Materials sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 0.91%. The best performers of the session on the S&P/ASX...

Bitcoin pulls back from brink of $50,000

By Tom Westbrook SINGAPORE (Reuters) - Bitcoin stalled just short of the $50,000 mark on Monday and other cryptocurrencies slipped, as investors took profit from a record-breaking rally that is being driven by a worldwide shift in...

U.S. Supreme Court clears way for Ghosn’s accused escape plotters extradition

By Nate Raymond and David Shepardson WASHINGTON (Reuters) - The U.S. Supreme Court on Saturday gave the green light for the extradition to Japan of an American father and son accused of helping former Nissan...

Clear crypto rules urgently needed as major companies embrace asset: SEC official

By Chris Prentice and Katanga Johnson WASHINGTON (Reuters) - A clear cryptocurrency regulatory regime is urgently needed as major companies like Tesla (NASDAQ:TSLA) Inc, BNY Mellon (NYSE:BK) Corp and Mastercard Inc (NYSE:MA) embrace the alternative...

VW ‘unintended victim’ in battery supplier dispute, seeks four-year reprieve

By David Shepardson WASHINGTON (Reuters) - Volkswagen AG (OTC:VWAGY) late Friday called itself an "unintended victim" in a battle between two battery suppliers and urged the U.S. government to extend a reprieve to buy batteries...

Roaring Kitty to testify on GameStop alongside hedge fund managers

(Reuters) - The YouTube streamer known as Roaring Kitty, who helped drive a surge of interest in GameStop Corp (NYSE:GME), will testify before a House panel on Thursday alongside top hedge fund managers. The House Financial Services...

GBP/USD Jumps to More Than 2-Year High Ahead of Data Deluge Next Week

By Yasin Ebrahim Investing.com – The pound surged to more than two-year highs on Friday, and remained on track for its fifth-weekly win on growing expectations for a strong vaccine-led rebound in the economy ahead...

Oil in 2nd Weekly Gain as Money Floods Commodities 

Investing.com - Crude prices clinched a second straight week of gains on Friday as money continued to slosh into commodity markets, lifting prices of almost everything, from oil to copper and soybeans  — even hog futures. Since February began, price...

Gold Has First Winning Week in Three; Outlook Cloudy

Investing.com - Gold clinched a weekly gain on Friday after two weeks in the red. But two straight negative sessions before the end of the week also clouded the near-term outlook for the yellow metal. Gold...

U.S. Army Corps attorneys withdraw from Dakota Access Pipeline case

By Valerie Volcovici (Reuters) - The U.S. Army Corps of Engineers said two federal attorneys representing it in an ongoing legal battle over the Dakota Access Pipeline are withdrawing from the case, according to court...

British pound growth starts to slow

The middle of the 5th week of 2021 saw the British pound (GBP) weakening against the US dollar (USD) on the international foreign exchange – Forex market. According to economic correspondents, this...

Gold falls after price correction

On 2 February 2021 investors seen a business trend of falling gold prices, after global stock markets saw an increase in point values of stock indices. On Monday, 1 February, this was...

Deutsche Bank swings to net profit in 2020, its first since 2014

By Tom Sims and Patricia Uhlig FRANKFURT (Reuters) - Deutsche Bank (DE:DBKGn) eked out a small annual profit in 2020, its first since 2014, saying on Thursday it had made strong gains at its investment banking division. Over...

Ping An Insurance faces $8 billion exposure in indebted China Fortune Land

BEIJING (Reuters) - Ping An Insurance Group Co of China (SS:601318) said it has a total exposure of 54 billion yuan ($8.4 billion) in China Fortune Land Development Co as the indebted property developer...

Dollar gains put on hold, sterling looks to BoE for cues

By Stanley White TOKYO (Reuters) - The dollar traded near its strongest in more than two months against the euro and the yen on Thursday as pessimism about the U.S. economic outlook receded before the...

Dollar Up, Ahead of Friday’s U.S. Payrolls Report

By Gina Lee Investing.com – The dollar was slightly up on Thursday morning in Asia but trading close to a two-month high against both the euro and yen. Pessimism over the U.S economic recovery from...

Oil up 3rd Day in Row on U.S. Crude Draw

By Liz Moyer Investing.com - Oil prices rose for a third day in a row on Wednesday as the U.S. government reported a second straight weekly drawdown in crude stockpiles against market analysts’ consensus for an...

FOMC did not change interest rates

The traditional two-day meeting of the Federal Open Market Committee (FOMC) took place on 26 and 27 January 2021 in Washington, DC. This key committee of the Central bank of the United...

Famed GameStop bull ‘Roaring Kitty’ is a Massachusetts financial advisor

By Chris Prentice and Pete Schroeder WASHINGTON (Reuters) - A YouTube streamer who helped drive a surge in the shares of GameStop Corp (NYSE:GME) is a 34-year-old financial advisor from Massachusetts and until recently worked for insurance...

After plunge, GameStop and AMC remain Reddit darlings

By Noel Randewich (Reuters) - GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) Holdings remained overwhelmingly favored stocks on Reddit's top trading forum on Thursday, even as they and other companies at the core of a retail...

Cargill, Deutsche Bank Among Firms Taiwan Accuses of FX Speculation

(Bloomberg) -- Cargill Inc and Deutsche Bank AG (NYSE:DB) are among a group of major foreign companies under probe in Taiwan for speculating on the surging local currency last year, hindering the central bank’s efforts to...

Dollar Makes Small Gains With Higher U.S. Treasury Yields

Investing.com – The dollar was up on Friday morning in Asia, supported by higher U.S. Treasury yields. The U.S. Dollar Index, which tracks the greenback against a basket of other currencies, gained 0.12% to reach 90.632...

Day 6 in Gold: Another Slow-Mo Dip

By Barani Krishnan Investing.com - The dollar is retreating and battered stocks are coming back with a vengeance, but none of that is doing a thing for gold, which continued with its stately march to...

Cryptocurrency trading is a hit for brave investors

The virtual currency markets have seen considerable interest from investors over the last few weeks. Investors who would not be deemed conservatives, have been buying cryptocurrencies and, in particular, the most widespread...

Nissan says all new vehicle offerings in key markets to be electrified by early...

TOKYO (Reuters) - Nissan (OTC:NSANY) Motor Co said on Wednesday all its "new vehicle offerings" in key markets would be electrified by the early 2030s, as part of the Japanese automaker's efforts to achieve...

General Atlantic to invest $55 million in Indonesia’s Kalbe Farma biotech JV

SINGAPORE (Reuters) - Global private equity firm General Atlantic will invest $55 million in Kalbe Genexine Biologics (KGBio), a joint venture of Indonesian pharmaceuticals firm PT Kalbe Farma and South Korean biotech firm Genexine...

Dollar Inches Up, But Defenses Also Up Ahead of Fed Policy Decision

Dollar Inches Up, But Defenses Also Up Ahead of Fed Policy Decision By Gina Lee Investing.com – The dollar inched up on Wednesday morning in Asia as investors await the U.S. Federal Reserve’s policy decision, to...

Dollar on the defensive with Fed’s Powell likely to sound dovish note

By Kevin Buckland TOKYO (Reuters) - The dollar was trapped on the back foot against major peers on Wednesday as markets wait on comments from Federal Reserve Chair Jerome Powell, who is likely to renew...

White House says Biden believes Nord Stream 2 pipeline is a bad deal for...

By Timothy Gardner and Trevor Hunnicutt WASHINGTON (Reuters) - President Joe Biden believes the Nord Stream 2 natural gas pipeline is a "bad deal for Europe" and his administration will be reviewing restrictions on the project included...

Crude Oil Prices Rise as IMF Raises Growth Outlook

By Geoffrey Smith Investing.com -- Crude oil prices rose on Tuesday as the International Monetary Fund validated bets on a solid recovery in demand this year by raising its forecasts for global economic growth. By 9:40 AM ET...

Hyundai Motor fourth-quarter profit jumps 57% on demand for SUVs, Genesis

By Heekyong Yang and Joyce Lee SEOUL (Reuters) - Hyundai Motor Co said on Tuesday it expects sales in United States and China to surge this year, driven by the launch of new electric cars...

U.S.-China investments dwarf official figures: study

By Ross Kerber BOSTON (Reuters) - Total investments between the United States and China are much bigger than official figures reflect, a report released on Tuesday found, underscoring the challenge facing U.S. President Joe Biden's...

Markets focus on price of gold and USD

Investors in both the commodity market and the international foreign exchange - Forex market - are very closely following the recent events in the United States regarding the transfer of executive power...

British pound maintains its exchange rate even after Brexit

The exchange rate of the United Kingdom of Great Britain and Northern Ireland - the British pound (GBP) - is currently strengthening against both the US dollar (USD) and the Euro (EUR)...

Investors await US dollar development trading trend

The recent development of the trading trend of the US dollar (USD) exchange rate on the foreign exchange (Forex) market showed a strengthening of its exchange value at...

Dollar Up as Investors Await Biden’s “Trillions” in U.S. Stimulus Plans

By Gina Lee Investing.com – The dollar was up on Thursday morning in Asia, continuing a rebound from near three-year lows against major peers as investors await U.S. President-elect Joe Biden’s plans for further stimulus...

Dollar extends rebound as investors await U.S. stimulus details, bitcoin bounces

By Kevin Buckland TOKYO (Reuters) - The dollar extended its rebound from near three-year lows versus major peers on Thursday, supported by higher U.S. yields, as President-elect Joe Biden prepared to outline his plans for...

Indonesia to resume search for victims, black box of crashed Sriwijaya jet

By Bernadette Christina Munthe JAKARTA (Reuters) - Indonesian divers prepared to resume a search on Thursday for the remains of 62 victims and the cockpit voice recorder from a Sriwijaya Air plane that plunged into...

Bonds dip, Nikkei charges higher as stimulus hopes stoke gains

By Tom Westbrook SINGAPORE (Reuters) - U.S. Treasuries slipped on Thursday on a report that President-elect Joe Biden will announce a stimulus package as big as $2 trillion, while Japanese stocks surged to a new...

U.S. to ban imports of all cotton, tomato products from China’s Xinjiang region

By David Lawder WASHINGTON (Reuters) - The Trump administration announced an import ban on all cotton and tomato products from western China's Xinjiang region on Wednesday over allegations that they are made with forced labor...

Oil steady as U.S. inventory drop contends with demand woes

By Laila Kearney NEW YORK (Reuters) - Oil prices were little changed on Wednesday, supported by a bigger-than-expected drop in U.S. crude inventories but under pressure as rising global COVID-19 cases threatened global fuel demand. Brent crude prices were...

Visa, Plaid call off $5.3 billion deal

(Reuters) - Visa and financial technology company Plaid said on Tuesday that they would terminate their $5.3 billion merger agreement following a U.S. government lawsuit aimed at stopping the proposed transaction on antitrust grounds. The...

Exclusive: U.S. tells European companies they face sanctions risk on Nord Stream 2 pipeline

By Timothy Gardner and Daphne Psaledakis WASHINGTON (Reuters) - The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline that they face the...

Dollar Down, Slows Rally Over Treasury Yields Retreat

By Gina Lee Investing.com – The dollar was down on Wednesday morning in Asia, with a retreat in U.S. Treasury yields sapping momentum from the U.S. currency’s recent rally and investors cautiously resumed bets on...

Dollar stabilizes after major events in the US

According to the US Dollar Currency Index (DXY), the exchange rate of the US dollar (USD), strengthened on Monday evening of 14 December. Analysts believe that the cause of USD exchange rate...

Euro strengthens following EU budget approval

The Brussels summit attended by the presidents and prime ministers of the member states of the European Union (EU) finally approved on Thursday, 10 December 2020 the EU budget for the next...

Delta Air Lines in talks to add more quarantine-free flights

By Allison Lampert (Reuters) -Delta Air Lines Inc is in early talks with governments to add more quarantine-free flights overseas, a company executive said on Tuesday, as the aviation industry turns to such testing-backed programs...

Hackers used SolarWinds’ dominance against it in sprawling spy campaign

By Raphael Satter, Christopher Bing and Joseph Menn WASHINGTON (Reuters) -On an earnings call two months ago, SolarWinds Chief Executive Kevin Thompson touted how far the company had gone during his 11 years at the...

U.S. tariffs over currency issue would harm ties with Vietnam -U.S. Chamber

By Andrea Shalal WASHINGTON (Reuters) -The U.S. Chamber of Commerce urged the U.S. government on Tuesday not to impose tariffs on Vietnam over the alleged undervaluation of its currency, saying Vietnam did not meet the...

Dollar Skids to Multi-Year Low as Fed to Signal Liquidity Here to Stay

By Yasin Ebrahim Investing.com – The dollar slipped to a more than two-year low on Tuesday on mixed economic data and expectations the Federal Reserve will continue to suggest that the liquidity spigot remain wide...

OPEC’s President Says Oil Cartel Cannot Rush Output Increases

(Bloomberg) -- The president of OPEC reiterated that the oil producers’ cartel shouldn’t rush to increase output early next year and said energy demand was still fragile with the coronavirus raging across parts of...

2 ETFs For Value Investors, Just In Time As Markets Rotate Out Of Tech...

Value investors aim to capture returns by investing in cheap assets, like stocks, and rotating out of expensive ones. As we get ready to wrap up 2020, many market participants wonder if value investing,...

Euro maintains higher exchange value

The currency of the European countries known as the Eurozone – the Euro (EUR), still has the potential to increase its exchange rate against most major world currencies and especially against the...

Gold on the rise again

Thanks to the increased interest of investors, during the 49th week of 2020, the price of investment gold rose on the commodity market. The price bounced back to over US$ 1,800 per...

Asian shares at all-time highs on U.S. stimulus, vaccine hopes

By Danilo Masoni and Swati Pandey MILAN/SYDNEY (Reuters) - World shares and other risk assets fell on Monday as growing risks of a no-deal Brexit that hit the pound hard and fresh Sino-U.S. tensions offset...

Dollar on back foot, sterling eyes last-ditch Brexit talks

By Hideyuki Sano and Kevin Buckland TOKYO (Reuters) - The dollar started the week on the back foot on Monday after soft U.S. jobs data only solidified expectations of a fresh economic package, while the...

Foley-backed blank-check acquisition firm nears $9 billion Paysafe deal

By David French NEW YORK (Reuters) - A blank-check acquisition firm backed by veteran investor Bill Foley is nearing a deal to merge with Paysafe, valuing the payments company at around $9 billion, including debt,...

Iran prepares to raise oil exports if sanctions eased: state media

(Reuters) - Iran has instructed its oil ministry to prepare installations for production and sale of crude oil at full capacity within three months, state media said on Sunday, ahead of a possible easing of U.S....

Does Oil And Gas Exploration Have Upward Potential?

In the past couple of weeks, we’ve talked about the rise of oil and gas exploration (SPDR® S&P Oil & Gas Exploration & Production ETF (NYSE:XOP). Friday, (XOP) closed with just under an 8% gain...

Argentina’s striking oilseed crushing workers to return to work Sunday: union

By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's SOEA oilseeds crushers union said its members would end a strike and return to work on Sunday after consultations on Saturday. The union said in a statement he...

Lufthansa will have shed 29,000 staff by year end: Bild am Sonntag

BERLIN (Reuters) - Lufthansa will have shed 29,000 staff by the end of the year and the German airline will cut another 10,000 jobs in its home country next year as it struggles to...

Kia recalls 295,000 U.S. vehicles for fire risks

By David Shepardson WASHINGTON (Reuters) - Kia Motors Corp said on Saturday it is recalling 295,000 U.S. vehicles for engine fire risks. The Korean automaker said the recall covers some 2012-2013 model year Sorento, 2012-2015 Forte...

France picks zone off Normandy coast for new 1GW windfarm

PARIS (Reuters) - France has identified a zone off the coast of Normandy for the construction of a 1 Gigawatt (GW) windfarm and launched the tender process for its development, Environment Minister Barbara Pompili...

Fed considers further assistance to US economy

On Wednesday, 25 November 2020, the Central Bank of the United States - Federal Reserve System (Fed) - published the minutes of the last meeting of the Bank's key committee, namely the...

European markets are strengthening along with the Euro

According to expectations and predictions of analysts and financial strategists, Tuesday's European stock market should open on 24 November 2020 with higher values of its share prices. Along with this trading trend,...

CEO says AstraZeneca likely to run new global trial of COVID-19 vaccine: Bloomberg News

(Reuters) - AstraZeneca (NASDAQ:AZN) is likely to run an additional global trial to assess the efficacy of its COVID-19 vaccine using a lower dosage, its chief executive was quoted as saying on Thursday amid...

Disney increases planned layoffs to 32,000 as virus hits park attendance

(Reuters) - Walt Disney (NYSE:DIS) Co said on Wednesday it would lay off about 32,000 workers, primarily at its theme parks, an increase from the 28,000 it announced in September, as the company struggles with limited...

Oil rally stalls on signs of more supply, demand doubts

By Julia Payne LONDON (Reuters) - Oil slipped from seven-month highs on Thursday as signs of growing supplies helped to halt a rally driven by optimism that vaccines will revive fuel demand. Brent futures had risen to...

China hits 26% of 2020 target for U.S. energy imports under trade deal

BEIJING (Reuters) - China has accelerated imports of crude oil, propane and liquefied natural gas (LNG) from the United States since July, but total energy product purchases through October remain far short of targets for 2020...

Dollar losses put on hold but long-term outlook tilts to downside

By Stanley White TOKYO (Reuters) - The dollar was on the defensive on Thursday as downbeat U.S. economic data and optimism about coronavirus vaccines prompted investors to seek out riskier assets tied to global commodities...

Dollar Down Over Weak U.S. Data, But Vaccine Optimism Lingers

By Gina Lee Investing.com – The dollar was down on Thursday morning in Asia, subdued by weak U.S. economic data but with lingering optimism over the development of a COVID-19 vaccine leading investors to riskier...

U.S. rejects permit for Alaska’s Pebble mine, company vows appeal

By Jeff Lewis and Yereth Rosen TORONTO/ANCHORAGE (Reuters) - The U.S. Army Corps of Engineers on Wednesday issued its final decision denying a key water permit for the contentious Pebble Mine in Alaska, putting the...

Bitcoin hits record value

Current developments in the virtual digital currency market have seen a significant increase in the exchange value of the world's most widely used virtual currency, the cryptocurrency Bitcoin (BTC). During the 47th...

Hyundai faces lawsuit over EV fires as GM launches recall

By Heekyong Yang and Hyunjoo Jin SEOUL (Reuters) - Hyundai Motor Co is being sued over a string of battery fires in its electric vehicles (EVs), just as General Motors Co (NYSE:GM) recalls nearly 70,000...

Target, Housing Starts, Fed Speakers: 3 Things to Watch

By Christiana Sciaudone Investing.com -- Markets closed lower Tuesday after Monday’s big rally as U.S. consumers may be slowing spending. Pharma retailers fell after Amazon.com Inc (NASDAQ:AMZN) said it’s jumping into the drug business. The Commerce Department said...

Exclusive: OPEC+ sees oil cut extension curbing 2021 rise in oil stocks, document shows

By Rania El Gamal, Alex Lawler and Vladimir Soldatkin DUBAI/LONDON/MOSCOW (Reuters) - OPEC and its allies see oil inventories declining further in 2021 should producers extend supply curbs for three months or more, a confidential...

UK fishing groups urge PM Johnson to ‘hold firm’ in EU talks

LONDON (Reuters) - British fisheries lobby groups have urged Prime Minister Boris Johnson to "hold firm and bring back a deal" that meets their demands in trade talks with the European Union, hoping to...

2 Renewable Energy ETFs To Benefit From A Biden Presidency

Renewable energy stocks are on fire in 2020 as companies have seen shares hit all-time highs. The transition from fossil fuels toward clean energy sources is well underway worldwide and solar, wind, hydro, tidal, geothermal,...

Analysis: Japan’s yen doubles up as high yielder and safe haven

By Hideyuki Sano TOKYO (Reuters) - Having burnished its traditional image as a global safe haven during the coronavirus pandemic, Japan's yen is attracting fresh interest as the highest yielder among the three major currencies. The...

This Chart Signals When Gold Stocks Will Explode

Gold Stocks remain in a correction, even if the Oct. 29 lows continue to hold into December.  Corrections are a function of price and time, and often in this sector, a correction can continue in...

The US dollar still maintains profits

The euphoria is gradually declining after the US presidential election, but the division of a large percentage of the United States remains. Thankfully , the scenario regarding an outbreak of civil war...

Global oil demand unlikely to get vaccine boost until later in 2021, says IEA

By Noah Browning LONDON (Reuters) - Global oil demand is unlikely to get a significant boost from the roll-out of vaccines against COVID-19 until well into 2021, the International Energy Agency (IEA) said on Thursday,...

China’s E-Commerce Market Is Bigger Than Just Single’s Day. 1 ETF To Gain

China's Singles' Day, a massive shopping event, occurs annually on Nov. 11 each year. The holiday which celebrates being single grew out of Nanjing University and eventually became widely celebrated in the 1990s. E-commerce and...

SPY: This Trading Range Could Continue Into Thanksgiving

SPX Monitoring purposes; Long SPX 10/22/20 at 3453.49. Monitoring purposes GOLD: Long GDX (NYSE:GDX) on 10/9/20 at 40.78. Long Term SPX monitor purposes; Long SPX on 10/26/20 at 3400.97. SPY Daily Chart Volume exploded yesterday and that...

Sour China-Australia ties hit talks over LNG deal, says Woodside

By Sonali Paul and Kirsty Needham MELBOURNE/SYDNEY (Reuters) - Australia's Woodside (OTC:WOPEY) Petroleum shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese firms because of the diplomatic row between...

Dow Ends Flat as Slip in Value Stocks Offsets Tech Strength  

By Yasin Ebrahim Investing.com – The Dow ended lower Wednesday, as weakness in value stocks offset strength in technology amid signs of further restrictions in parts of the U.S. to curb the spread of Covid-19. The Dow...

Consumer Prices, Disney, Cisco: 3 Things to Watch

By Liz Moyer Investing.com -- Tech investors swooped in Wednesday to buy the dip, pushing the NASDAQ Composite higher and letting some of the steam out of a post-election run-up for the Dow Jones Industrial Average. It was a reversal...

Euro Slips as ECB’s Lagarde Drops Further Hint of Easing

By Yasin Ebrahim Investing.com – The euro slipped against the dollar on Wednesday as European Central Bank policymakers continued to tout further easing on the horizon, though downplayed the prospect of further interest rate cuts. EUR/USD fell...