Stocks extend New Year cheer, Mideast air strikes drive oil higher
Asian shares extended their New Year’s rally on Friday after Wall Street struck another record high on fresh Chinese stimulus while oil spiked after U.S. air strikes in Iraq heightened geopolitical tensions.
Oil prices jump $1 after U.S air strike kills Iran, Iraq military personnel
Oil prices jumped more than $1 on Friday after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil supplies.
Wall Street starts 2020 with new records on China stimulus, trade hopes
Wall Street’s major indexes notched record highs to open the new year on Thursday, as fresh economic stimulus from China added to optimism fueled by easing trade tensions and an improving global outlook.
Global stocks hit record as rally enters new year, dollar rebounds
Global stock markets jumped on the first day of trading in 2020 as a shot of Chinese stimulus and economic data drove a gauge of world equity performance to the latest in a series of record highs, while the dollar snapped a four-day losing streak.
U.S. oil deals hit five-year high in 2019 on Occidental’s blockbuster Anadarko buy
The value of U.S. oil and gas mergers and acquisitions reached a five-year peak of $96 billion in 2019 on the back of competing bids for Anadarko Petroleum, energy data provider Enverus said on Thursday.
Wall Street starts 2020 with records as China stimulus adds to optimistic mood
Wall Street’s major indexes notched record highs to open the new year on Thursday, as fresh economic stimulus from China added to optimism fueled by easing trade tensions and an improving global outlook.
Oil edges up on Mideast tensions, trade optimism
Oil inched up on Thursday on rising tensions in the Middle East and signs of improving Washington-Beijing trade relations, but a strong U.S. dollar limited price gains.
Lebanon receives Interpol arrest warrant for ex-Nissan boss Ghosn
Lebanon received an Interpol arrest warrant on Thursday for former Nissan chairman Carlos Ghosn, while Turkey launched an investigation into his daring escape from Japan via Istanbul.
Global stocks surge as rally enters new year, dollar rebounds
The dollar snapped a four-day losing streak on Thursday and global stock markets jumped at the start of 2020 as a shot of Chinese stimulus drove a gauge of world equity performance to a record high.
Lebanon played no official role in Ghosn exit: minister to MTV
Lebanon played no official role in ousted Nissan boss Carlos Ghosn’s departure from Japan, caretaker defense minister Elias Bout Saab told Lebanese broadcaster MTV on Thursday.