• Oil falls as OPEC struggles for deal to raise output
    Reuters30 minutes ago

    Oil falls as OPEC struggles for deal to raise output

    Global benchmark Brent crude fell more than 2 percent on Thursday ahead of a meeting of the Organization of the Petroleum Exporting Countries, where producers were expected to boost output to stabilise prices. OPEC, however, was struggling to agree on raising output, with Saudi Arabia warning of supply

  • Oil falls as OPEC struggles for deal to raise output
    Reuters30 minutes ago

    Oil falls as OPEC struggles for deal to raise output

    Global benchmark Brent crude fell more than 2 percent on Thursday ahead of a meeting of the Organization of the Petroleum Exporting Countries, where producers were expected to boost output to stabilise prices. OPEC, however, was struggling to agree on raising output, with Saudi Arabia warning of supply

  • Stocks fall with U.S. dollar; oil slips before OPEC
    Reuters34 minutes ago

    Stocks fall with U.S. dollar; oil slips before OPEC

    Stocks around the world fell on Thursday and the U.S. dollar slipped from a peak as investors flocked to bonds after weak economic data and on worries about a U.S.-China trade war. Oil futures were lower before an OPEC meeting expected to increase the world's supply of crude and after a report of

  • Stocks fall with U.S. dollar; oil slips before OPEC
    Reuters34 minutes ago

    Stocks fall with U.S. dollar; oil slips before OPEC

    Stocks around the world fell on Thursday and the U.S. dollar slipped from a peak as investors flocked to bonds after weak economic data and on worries about a U.S.-China trade war. Oil futures were lower before an OPEC meeting expected to increase the world's supply of crude and after a report of

  • Wall St declines as Amazon, Intel fall; trade worries persist
    Reuters34 minutes ago

    Wall St declines as Amazon, Intel fall; trade worries persist

    NEW YORK (Reuters) - U.S. stocks dipped on Thursday as a U.S. Supreme Court ruling on state sales tax collection pulled Amazon and other online retailers lower while industrials continued to falter on concerns over trade war concerns.

  • Wall St declines as Amazon, Intel fall; trade worries persist
    Reuters34 minutes ago

    Wall St declines as Amazon, Intel fall; trade worries persist

    U.S. stocks dipped on Thursday as a U.S. Supreme Court ruling on state sales tax collection pulled Amazon and other online retailers lower while industrials continued to falter on concerns over trade war ...

  • India's First ''Wellness Index" Launched
    Bloomberg Quint46 minutes ago

    India's First ''Wellness Index" Launched

    India's First ''Wellness Index" Launched

  • OPEC strives for deal to raise oil output as Iran resists
    Reuters52 minutes ago

    OPEC strives for deal to raise oil output as Iran resists

    OPEC was struggling on Thursday to agree on raising oil output, with Saudi Arabia warning of supply shortages and price rallies but Iran holding out against a deal at the group's meeting the following day. A production increase of about 1 million barrels per day (bpd) or around 1 percent of global

  • Reuters52 minutes ago

    OPEC strives for deal to raise oil output as Iran resists

    OPEC was struggling on Thursday to agree on raising oil output, with Saudi Arabia warning of supply shortages and price rallies but Iran holding out against a deal at the group's meeting the following day. A production increase of about 1 million barrels per day (bpd) or around 1 percent of global

  • OPEC's challenge - to pump more oil and keep deal in place
    Reuters52 minutes ago

    OPEC's challenge - to pump more oil and keep deal in place

    For OPEC, over-compliance with its oil supply-cutting deal is a nice problem to have. Once known for rampant cheating on agreed oil output targets, the Organization of the Petroleum Exporting Countries has been over-delivering on a pact in place since January 2017, cutting around one and a half times

  • Reuters52 minutes ago

    OPEC's challenge - to pump more oil and keep deal in place

    For OPEC, over-compliance with its oil supply-cutting deal is a nice problem to have. Once known for rampant cheating on agreed oil output targets, the Organization of the Petroleum Exporting Countries has been over-delivering on a pact in place since January 2017, cutting around one and a half times

  • Reuters52 minutes ago

    Oil options show bulls and bears on edge over OPEC

    OPEC appears to be edging towards raising crude oil output at its policy meeting on Friday, but the oil options market shows traders and investors are not betting heavily on that scenario. A production rise of about 1 million (bpd) or around 1 percent of global supply was emerging as a consensus for

  • Oil options show bulls and bears on edge over OPEC
    Reuters52 minutes ago

    Oil options show bulls and bears on edge over OPEC

    OPEC appears to be edging towards raising crude oil output at its policy meeting on Friday, but the oil options market shows traders and investors are not betting heavily on that scenario. With just one day to go until the group holds its policy meeting, the derivatives market shows participants buying

  • Intel CEO resigns after probe of relationship with employee
    Reuters53 minutes ago

    Intel CEO resigns after probe of relationship with employee

    "An ongoing investigation by internal and external counsel has confirmed a violation of Intel's non-fraternization policy, which applies to all managers," Intel said in a statement. The board named Chief Financial Officer Robert Swan as interim CEO and said it has begun a search for a

  • Intel CEO resigns after probe of relationship with employee
    Reuters53 minutes ago

    Intel CEO resigns after probe of relationship with employee

    "An ongoing investigation by internal and external counsel has confirmed a violation of Intel's non-fraternization policy, which applies to all managers," Intel said in a statement. The board named Chief Financial Officer Robert Swan as interim CEO and said it has begun a search for a

  • Stocks To Watch: JSW Steel, HCL Tech, Tata Motors, Tata Steel
    Bloomberg Quint54 minutes ago

    Stocks To Watch: JSW Steel, HCL Tech, Tata Motors, Tata Steel

    Stocks to watch out for in Friday’s trade. 

  • Brazil police arrest 15 in Sao Paulo highway probe
    Reuters1 hour ago

    Brazil police arrest 15 in Sao Paulo highway probe

    Brazilian authorities executed 15 arrest warrants on Thursday as part of an investigation into alleged corruption in highway contracts in the state of Sao Paulo, according to a statement from federal prosecutors and police. One of the targets was Laurence Casagrande Lourenco, former head of state-run

  • With riot of colour, Virgil Abloh marks new era for Vuitton menswear
    Reuters1 hour ago

    With riot of colour, Virgil Abloh marks new era for Vuitton menswear

    On an outdoor catwalk decked out in a riotous rainbow of colours, Louis Vuitton's new menswear designer Virgil Abloh unveiled his streetwear-infused take on the brand with his first collection on Thursday. The show, where models in arrays of all-white outfits or tie-dye prints walked between tree-lined

  • #FinancialBytes: 5 best apps for all your short-term loan needs
    NewsBytes1 hour ago

    #FinancialBytes: 5 best apps for all your short-term loan needs

    Gone are the days when you needed to visit a financial institution or make various phone calls to get a loan. Today, you can comfortably get it done using a mobile application. But in this world, where we have hundreds of apps for almost every single thing, which one should you choose? Here are the best

  • Ecuador sees tough OPEC meeting, smaller output boost
    Reuters1 hour ago

    Ecuador sees tough OPEC meeting, smaller output boost

    Ecuador's oil minister said he expects Friday's OPEC meeting to be difficult, citing disagreements on a possible increase in crude output and Iran's demand that the gathering discuss U.S. sanctions. The minister, Carlos Pérez, also said he did not expect OPEC and its partners to raise oil

  • Reuters1 hour ago

    Ecuador sees tough OPEC meeting, smaller output boost

    Ecuador's oil minister said he expects Friday's OPEC meeting to be difficult, citing disagreements on a possible increase in crude output and Iran's demand that the gathering discuss U.S. sanctions. The minister, Carlos Pérez, also said he did not expect OPEC and its partners to raise oil

  • Gold up slightly as dollar drops; Russia buys bullion
    Reuters1 hour ago

    Gold up slightly as dollar drops; Russia buys bullion

    NEW YORK/LONDON (Reuters) - The price of gold rose slightly on Thursday, lifted off an early six-month low as the U.S. dollar fell from an 11-month high, with traders saying they heard Russia had bid for bullion. Spot gold was up 0.2 percent at $1,265.4 an ounce at 1501 GMT but off a low of $1,260.84

  • Gold up slightly as dollar drops; Russia buys bullion
    Reuters1 hour ago

    Gold up slightly as dollar drops; Russia buys bullion

    NEW YORK/LONDON (Reuters) - The price of gold rose slightly on Thursday, lifted off an early six-month low as the U.S. dollar fell from an 11-month high, with traders saying they heard Russia had bid for bullion. Spot gold (XAU=) was up 0.2 percent at $1,265.4 an ounce at 1501 GMT but off a low of $1,260.84

  • Iran says doesn't think OPEC can reach deal
    Reuters1 hour ago

    Iran says doesn't think OPEC can reach deal

    Iranian Oil Minister Bijan Zanganeh said on Thursday he still believes OPEC cannot reach a compromise decision on raising oil output at its meeting the following day. "I don’t think we can reach agreement," ...

  • Iran says doesn't think OPEC can reach deal
    Reuters1 hour ago

    Iran says doesn't think OPEC can reach deal

    VIENNA (Reuters) - Iranian Oil Minister Bijan Zanganeh said on Thursday he still believes OPEC cannot reach a compromise decision on raising oil output at its meeting the following day.