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...

As Oil Passes $45, It’s 2021 That’s Really Got Traders Excited

(Bloomberg) -- The prospect of a coronavirus vaccine has transformed how oil traders are evaluating the market’s prospects for the second half of 2021. Headline Brent oil futures surged above $45 a barrel on Wednesday, a 15%...

Dollar Edges Higher; Veterans Day Limits Volumes

By Peter Nurse Investing.com - The dollar edged higher in early European trade Wednesday in thin volumes, as traders continued to digest the implications of Pfizer’s potential Covid-19 vaccine. At 2:55 AM ET (0755 GMT), the...

Value of Bitcoin increases significantly

According to analysts, the uncertain outcome of the US election has largely caused increased interest from investors in the virtual currency Bitcon (BTC), which is the most widespread among cryptocurrencies in the...

Wealthy countries edge towards global climate finance goal

By Kate Abnett BRUSSELS (Reuters) - Wealthy countries have ramped up financing to help developing countries cut carbon emissions and cope with the impact of climate change, although it is unclear if they will meet...

Development bank group lent $197 billion in green finance in 2019: report

By Simon Jessop and Kate Abnett LONDON/BRUSSELS (Reuters) - The International Development Finance Club, a group of 26 national and regional development banks, said its members supplied $197 billion in green finance in 2019, representing...

Microchip Earnings, Revenue Beat in Q2

Investing.com - Microchip (NASDAQ:MCHP) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. Microchip announced earnings per share of $1.56 on revenue of $1.31B. Analysts polled by Investing.com anticipated EPS of...

Monster Beverage Earnings, Revenue Beat in Q3

Investing.com - Monster Beverage (NASDAQ:MNST) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. Monster Beverage announced earnings per share of $0.65 on revenue of $1.25B. Analysts polled by Investing.com anticipated EPS of...

Dollar Drops to Lowest Since 2018 on Prospect of Biden Win

(Bloomberg) -- The dollar dropped a third day to its lowest level in more than two years as Joe Biden looked increasingly likely to claim the U.S. presidency. The Bloomberg Dollar Spot Index fell as much as...

Holiday Season Shopping Could Bring Cheer To These ETFs

As the pandemic and US presidential election dominate the new cycle, the holiday shopping season is sneaking up on consumers. Amazon.com (NASDAQ:AMZN), already held its two-day Prime Day 2020 sale in mid-October, a month when...

Stock markets in decline, how does Euro react?

On 28 October 2020 the value of the main stock indices fell by several percentage points both in Europe and USA. A very strong decline in stock prices was first recorded by...

Oil records small gains

At the start of Tuesday morning's trading on the commodity market, the price of oil, both light US oil - West Texas Intermediate (WTI) and North Sea oil Brent - showed only...

Oil advances, but outlook gloomy as coronavirus cases, supply grow

By Aaron Sheldrick TOKYO (Reuters) - Oil prices rose on Tuesday after recent sharp losses, but market sentiment remains muted as surging COVID-19 cases around the world hurt the outlook for crude demand while supply...

U.S. offshore energy producers brace for Hurricane Zeta impact

By Erwin Seba HOUSTON (Reuters) - Energy firms and ports along the U.S. Gulf Coast were bracing on Tuesday for another test as Hurricane Zeta, the 11th hurricane of the season, entered the Gulf of...

AIG to Spin Off Life & Retirement, Names New CEO; Shares Jump

By Yasin Ebrahim Investing.com - AIG soared in after-hours trade Monday after the insurance company detailed plans to separate its life & retirement business to streamline. The company also said current President Peter Zaffino will...

Twillo Slips as Gloomy Guidance Offsets Q3 Results Beat

By Yasin Ebrahim Investing.com - Twilio fell after-hours Monday as guidance for a bigger-than-expected loss in the final quarter of the year overshadowed third-quarter results that topped Wall Street expectations. Twilio (NYSE:TWLO) fell 1.5%. The company forecast...

Pound Holds Steady on Brexit Deal Optimism

By Yasin Ebrahim Investing.com – The pound held steady against the dollar on Monday, shrugging off renewed demand for the safe-haven greenback on expectations the U.K. and EU will eventually reach a Brexit deal after...

Vanguard ETFs For Long-Term Growth And International Diversification

Vanguard exchange-traded funds are among the most popular ETFs. Known for their high intraday liquidity, low expense ratios and transaction costs, these funds can be especially advantageous for long-term portfolios. As of January 2020, Vanguard had...

Oil drops on rising virus cases, increasing Libyan output

By Bozorgmehr Sharafedin LONDON (Reuters) - Oil prices fell on Monday, extending last week's losses, as increasing coronavirus cases in the United States and Europe raised worries about energy demand, while Libya's fast growing production...

Analysis: Cenovus-Husky deal creates new Canadian oil major, stokes hunger for deals

By Rod Nickel and Jeff Lewis WINNIPEG/TORONTO (Reuters) - Cenovus Energy 's (TO:CVE) acquisition of Husky Energy (TO:HSE) creates a new Canadian-owned major oil producer and lends the long-struggling oil patch greater stability during its biggest crisis...

US dollar strengthens in value

The exchange rate of the US dollar (USD) strengthened this morning on the foreign exchange – Forex market with its trading trend changing into a bull market. According to economic reporters, it...

The European Central Bank says it is ready for a crisis

According to Christine Lagarde, the Head of the European Central Bank (ECB), the arsenal of economic stimulus in the wake of the rise in Covid-19 and the associated economic downturn in both...

American Equity partners with Brookfield, rejects Athene, MassMutual takeover bid

(Reuters) - American Equity Investment Life Holding Co (N:AEL) said on Sunday that it entered into a strategic partnership with Brookfield Asset Management Inc (TO:BAMa) and rejected an unsolicited acquisition proposal from Athene Holding Ltd (N:ATH) and Massachusetts...

Israel stocks higher at close of trade; TA 35 up 0.51%

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Biomed, Communication and Oil & Gas sectors led shares higher. At the close in Tel Aviv, the TA 35 gained 0.51%. The best performers of the session on...

Markets Brush Off Negativity

In spite of no passing stimulus, mixed economic data, rising COVID cases and a wild pre-election season, for the first time since we can remember, markets are brushing off most of the negativity. Indices Weekly...

Deloitte to shut four UK offices as COVID-19 entrenches remote working

(Reuters) - Global accounting and consulting firm Deloitte will close four of its 50 British offices as it reviews its real estate portfolio in the coronavirus pandemic, but will retain the staff on work-from-home...

Malaysia Airlines restructuring talks prolonged, CEO tells staff

By Anshuman Daga SINGAPORE (Reuters) - Malaysia Airlines' parent company is still holding negotiations with lessors and creditors over a restructuring plan to keep the carrier alive, but the talks are taking longer than planned,...

Putin and Saudi crown prince discuss OPEC+ agreements and coronavirus

MOSCOW (Reuters) - Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed energy markets and the implementation of agreements by the oil producers group known as OPEC+, the Kremlin said in...

Oil Settles Above $40, U.S. Crude Clings to Weekly Gain

By Barani Krishnan Investing.com - Oil ended the week little changed as a drop in stockpiles of crude and diesel countered concerns about market direction amid surging Covid-19 caseloads. New York-traded West Texas Intermediate, the key indicator...

Oil Settles Above $40, U.S. Crude Clings to Weekly Gain

By Barani Krishnan Investing.com - Oil ended the week little changed as a drop in stockpiles of crude and diesel countered concerns about market direction amid surging Covid-19 caseloads. New York-traded West Texas Intermediate, the key indicator...

Dow Rises as Strong Retail Sales Suggest Consumer Remains Healthy

By Yasin Ebrahim Investing.com – The Dow rallied Friday, as stronger retail sales data suggesting the U.S. consumer, the backbone of the economy, remains in good shape helped ease investor worries about a slowdown in...

Gold Wraps With Weekly Loss After Sting From No Stimulus

By Barani Krishnan Investing.com - Gold prices ended a tumultuous week lower as the White House’s back-and-forth on a new coronavirus relief deal hurt those with long positions in the yellow metal. U.S. gold for December...

Wall Street gains on vaccine news, retail sales surprise

By Stephen Culp NEW YORK (Reuters) - U.S. stocks advanced on Friday as further clarity regarding the timeline for the development of a coronavirus vaccine and upbeat retail sales data and brought buyers back to...

Pound Remans Above Lows Despite U.K. Declaring Brexit Talks ‘Over’

By Yasin Ebrahim Investing.com – The pound remained off session lows against the dollar Friday, shrugging over a further souring of trade talks between the U.K. and EU after Prime Minister Boris Johnson's spokesman said...

Oil prices stable, for now

According to economic correspondents, the oil trade on the commodity market has maintained both - stable oil supplies and, for now, relatively stable prices. During the European trading morning of 13 October...

Intuitive Surgical Earnings, Revenue Beat in Q3

By Yasin Ebrahim Investing.com - Intuitive Surgical (NASDAQ:ISRG) reported on Thursday third-quarter results that beat analysts' forecasts on both the top and bottom lines, though warned a resurgence of Covid-19 in some states would continue...

Dow Pares Some Losses But Remains in Red on Tech Wreck

By Yasin Ebrahim Investing.com – The Dow pared some losses Thursday, but remained in the red as technology stocks slumped and weakness in the labor market exacerbated concerns about the pace of the recovery at...

Pound Falls as EU Leaders Say UK Needs to Make Concession to Reach Deal

By Yasin Ebrahim Investing.com – The pound fell sharply against the dollar on Thursday, after EU leaders did not commit to work "intensively" with the UK to reach a trade deal and placed the onus...

Russian Minister Celebrates Ruble’s 20% Slump as ‘Awesome’

(Bloomberg) -- Not everyone in Moscow is mourning the ruble's 20% plunge against the dollar this year. The government minister in charge of getting companies to keep production at home thinks it’s “awesome.” Russian companies that don’t...

2 Dividend ETFs To Ease Investors’ Fixed-Income Jitters

After a pullback in September, U.S. equity markets are up this month, at least so far. Investors remain jittery about what may be next for their equity portfolios in the days ahead. In particular, fixed...

Japan aims to set up commercial hydrogen fuel supply chain by 2030

TOKYO (Reuters) - Japan will seek to create a commercial hydrogen fuel supply chain by around 2030 to support reducing carbon emissions, Industry Minister Hiroshi Kajiyama said during a virtual hydrogen conference late on...

Oil prices hold gains after U.S. crude inventory draw

By Sonali Paul and Koustav Samanta MELBOURNE/SINGAPORE (Reuters) - Oil prices edged higher on Thursday, extending their 2% gains from the previous session, after data showed U.S. crude stockpiles fell last week, while OPEC and...

Exclusive: U.S. states oppose settlement being negotiated by OxyContin maker Purdue and Justice Department...

By Mike Spector NEW YORK (Reuters) - A group of 25 state attorneys general oppose a settlement of U.S. opioid probes being negotiated with Purdue Pharma LP and members of the wealthy Sackler family who...

Top Brussels officials press UK PM Johnson for progress in trade talks

BRUSSELS (Reuters) - Top EU officials in Brussels told Prime Minister Boris Johnson in a call on Wednesday evening that Britain had to move in their talks on a new trade partnership after Brexit. "We...

Amazon broke virus safety vows, workers say: Bloomberg News

(Reuters) - Amazon.com Inc (NASDAQ:AMZN) has reinstated warehouse productivity quotas despite telling a judge it was suspending them during the COVID-19 pandemic, Bloomberg News reported on Wednesday, citing a court filing by company workers. The...

UK PM Johnson tells EU he is ‘disappointed’ with Brexit deal progress

LONDON (Reuters) - British Prime Minister Boris Johnson told the head of the European Commission, Ursula von der Leyen, that he was disappointed there had not been more progress in Brexit trade talks, his...

Looking For A Simpler Way To Access FX Markets? 2 Currency ETFs To Consider

The foreign exchange market is the largest and most liquid financial market worldwide. Currencies move for a range of reasons, such as economic data, interest rates and inflation levels. Traders, retail investors and business...

China coal supplies to tighten this winter on import curbs, strong demand

By Muyu Xu and Gavin Maguire BEIJING/SINGAPORE (Reuters) - China's coking and thermal coal markets are set to tighten over the remainder of 2020 as stringent import restrictions curb supply at a time of robust...

Gold Up, Boosted by Halted COVID-19 Treatment, U.S. Stimulus Hopes

By Gina Lee Investing.com – Gold was up on Wednesday morning in Asia, as hopes that the latest U.S. stimulus measures would be passed by Congress before the Nov. 3 presidential election, and a COVID-19...

GM seeks reinstatement of its racketeering case against Fiat Chrysler

(Reuters) - General Motors Co (N:GM) on Tuesday filed an appeal with the 6th Circuit Court of Appeals in Cincinnati, seeking reinstatement of its racketeering lawsuit against Fiat Chrysler Automobiles NV (MI:FCHA). GM sued Fiat Chrysler last...

Pound Falls on Lockdown, Brexit Fears

By Yasin Ebrahim Investing.com – The pound fell sharply Tuesday as concerns about a no-deal Brexit and fears over a looming lockdown hurt sentiment. GBP/USD fell 0.95% to $1.2940. The possibility of the UK leaving the EU without...

Fed releases minutes

The Central Bank of the United States - Federal Reserve System (Fed) released the minutes from the last meeting of the Federal Open Market Committee (FOMC). Based on this document, it is...

Hurricane Delta bears down on storm-weary U.S. Gulf Coast

By Stephanie Kelly BATON ROUGE, La. (Reuters) - Residents in parts of the U.S. state of Louisiana left town or made last-minute preparations on Friday as Hurricane Delta spun across the Gulf of Mexico toward...

Hurricane Delta shuts most U.S. offshore oil output in 15 years

HOUSTON (Reuters) - A strengthening Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico production in 15 years, halting most of the region's oil and nearly two-thirds of its natural gas output. An already...

Exclusive: Boeing in talks with Alaska Airlines for potential 737 MAX order – sources

By Eric M. Johnson and Tracy Rucinski SEATTLE/CHICAGO (Reuters) - Boeing Co (N:BA) is in discussions to sell 737 MAX jets to Alaska Airlines once the plane returns to service following a lengthy grounding, three people familiar...

GameStop signs multi-year cloud, hardware deal with Microsoft

(Reuters) - GameStop Corp (N:GME) and Microsoft Corp (O:MSFT) on Thursday signed a multi-year partnership agreement under which the videogame retailer will use the software maker's cloud and hardware services to streamline its business. Gamestop's shares surged about 20%...

EUR/USD Sluggish as ECB Minutes Flag Worries

By Yasin Ebrahim Investing.com – The euro struggled Thursday after the minutes of the European Central Bank signaled further stimulus in the not too distance future amid an uncertain outlook. EUR/USD fell 0.03%, to $1.1756. "The outlook remained...

Bond ETFs For Diversification And Speculation

Exchange-traded funds (ETFs) enable market participants to trade baskets of assets in single transactions on formal exchanges. Today, we re-visit the topic of bond ETFs and introduce several funds that may be appropriate for a range...

Social Inclusion, Gender Equality, Diversity: There Are 2 ETFs For That

Shareholder activism and public sentiment are putting increasing pressure on companies to address environmental, social and governance (ESG) issues. In a previous post, we discussed socially-responsible investing. Today, we re-visit the topic and look at...

Social Inclusion, Gender Equality, Diversity: There Are 2 ETFs For That

Shareholder activism and public sentiment are putting increasing pressure on companies to address environmental, social and governance (ESG) issues. In a previous post, we discussed socially-responsible investing. Today, we re-visit the topic and look at...

Dollar Weakens as Risk Appetite Grows; Losses Could Mount Post-Election

By Peter Nurse Investing.com - The dollar edged lower in early European trade Thursday as renewed U.S. stimulus hopes boosted risk appetite, prompting gains in equity markets and risker currencies. At 2:55 AM ET (0655 GMT),...

Dutch bank ING cuts carbon emissions linked to power industry lending

By Simon Jessop LONDON (Reuters) - Dutch lender ING (AS:INGA) has sharply cut the carbon emissions linked to its lending to the power industry over the past year after reducing funding to coal-fired power plants...

Russell 2000 Continues To Perform Well. That’s Bullish For Markets

Tuesday's selling was a flash in the pan quickly undone by Wednesday's trading. The Russell 2000 (via IWM) sharply advanced, taking out the August swing high with technicals all firmly in the green. The only negative was...

Weekly Financial Market Outlook

The beginning of a new trading week has brought investors a continuing business trend of strengthening of the single European currency, the Euro (EUR) against the US dollar (USD). On 5 October...

Dow Adds to Gains as Energy Jumps; Trump to Leave Hospital on Monday

By Yasin Ebrahim Investing.com – The Dow rallied Monday, led by energy on surging oil prices and confirmation that President Trump will be discharged from hospital later today. The Dow Jones Industrial Average rose 1.45%, 397 points. The S&P...

President Says Leaving Hospital Later Monday

Investing.com -- President Donald Trump says he will leave the hospital later Monday, at 6:30 PM ET. "Don’t be afraid of Covid. Don’t let it dominate your life," Trump said. "We have developed, under the...

Dollar Weakens as Risk Sentiment Rises With Trump’s Recovery

By Peter Nurse Investing.com - The dollar traded lower in early European trade Monday, as positive news about U.S. President Donald Trump’s health resulted in traders seeking out more risk to the detriment of the...

Lira slide towards 8-per-dollar highlights Turkey economic pressure points

LONDON (Reuters) - The Turkish lira's move towards the 8-to-the dollar mark will compound its 25% slide this year, amplifying existing pressures on companies and the broader economy. Below are three charts illustrating the pressure...

Oil rises more than 1% after upbeat signals from Trump doctors

By Florence Tan SINGAPORE (Reuters) - Oil prices rose more than 2% on Monday, lifted by comments from doctors for U.S. President Donald Trump suggesting he could be discharged from hospital as soon as Monday,...

Oil Edges Up From Three-Week Low as Trump’s Outlook Improves

(Bloomberg) -- Oil inched higher in New York as President Donald Trump’s doctors gave an upbeat assessment of his health even as labor market weakness heightened concerns over an economic recovery. U.S. crude futures added as...

Suez rebuffs Veolia’s assurances it will not make hostile bid

By Gwénaëlle Barzic and Mathieu Rosemain PARIS (Reuters) - French utility Suez (PA:SEVI) on Sunday rejected assurances from rival Veolia (PA:VIE) that it will not make a hostile bid for the whole company after closing...

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.41%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Media & Publishing, Hotels & Tourism and Industrial Investment sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share lost 1.41%. The best...

U.S. oil refiners look to leapfrog Canadians in making renewable diesel

By Rod Nickel and Laura Sanicola WINNIPEG, Manitoba/NEW YORK (Reuters) - U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada's greener fuel standard before Canadian refiners modify their...

The single European currency the Euro has strengthened

On the first day of October, the single European currency, the Euro (EUR), saw a more pronounced change in the trading trend, with the Euro strengthening against the US dollar (USD). In...

Oil extends losses after Trump tests positive for COVID-19

By Aaron Sheldrick and Julia Payne TOKYO/LONDON (Reuters) - Oil prices were down 4% on Friday after U.S. President Donald Trump tested positive for COVID-19 and negotiators failed to agree a U.S. stimulus package just...

Russian oil and gas condensate output up in September: Interfax

MOSCOW (Reuters) - Russian oil and gas condensate production edged up to 9.93 million barrels per day (bpd) in September, Interfax said on Friday, citing Energy Ministry data that suggests Russia slightly exceeded its quota...