Oil climbs, lifted by U.S.-China trade deal hopes, OPEC cuts
Oil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-U.S. trade war and OPEC-led efforts to constrain supply, although trading was quiet as many markets were in holiday mode.
Indian IPOs fall to four-year low as economy falters
Indian initial public offerings tumbled to a 4-year low by value in 2019 as the economy slowed, but some analysts are hoping for better in 2020 on the back of potential government reforms likely to boost stock markets.
Emerging market stocks were laggards in the past decade
Despite a strong start to this decade in 2010, emerging market stocks underperformed developed market peers and were weighed down by events such as the Chinese market sell-off, debt crises in Turkey and Argentina and the Sino-U.S. trade war.
Prosecutors claim Avenatti was over $15 million in debt during alleged Nike extortion
California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald Trump, was more than $15 million in debt when he allegedly tried to extort as much as $25 million from Nike Inc , U.S. p…
Oil rises, supported by trade deal, OPEC cuts
Oil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-U.S. trade war and OPEC-led efforts to constrain supply, although trading was quiet as many markets were in holiday mode.
Record online sales give U.S. holiday shopping season a boost: report
U.S. shoppers spent more online during this year’s holiday shopping season, a report by Mastercard Inc showed on Wednesday, with e-commerce sales hitting a record high.
Record online sales give short U.S. holiday shopping season a boost: report
U.S. shoppers spent more online than in retail stores during the shortest winter shopping season in the past six years, with online sales hitting a record high, a report by Mastercard Inc showed.
Russian government plans to use rainy day fund to buy Sberbank from central bank: two sources
The Russian government plans to use the country’s National Wealth Fund (NWF) to buy the central bank’s stake in Sberbank , a state banker and a source familiar with the plan told Reuters on Wednesday.
Joint Saudi, Kuwaiti oil field expected to produce 320,000 bpd by end-2020
Saudi Arabia’s energy minister said on Wednesday the Khafji oil field which is jointly operated with Kuwait would produce 320,000 oil barrels per day (bpd) at the end of 2020, Saudi-owned al-Arabiya TV reported.
Exclusive: Russia’s Sberbank to remain Yandex partner, may adjust some projects – CEO Gref
Russia’s Sberbank plans to continue its partnership with Yandex even though it has transferred its ‘golden share’ in the country’s leading internet company to another entity, Sberbank’s Chief Executive German Gref told Reuters.
