Reuters•30 minutes agoOil 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
Reuters•30 minutes agoOil 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
Reuters•34 minutes agoStocks 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
Reuters•34 minutes agoStocks 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
Reuters•34 minutes agoWall 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.
Reuters•34 minutes agoWall 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 ...
- Bloomberg Quint•46 minutes ago
India's First ''Wellness Index" Launched
India's First ''Wellness Index" Launched
Reuters•52 minutes agoOPEC 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
- Reuters•52 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
Reuters•52 minutes agoOPEC'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
- Reuters•52 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
- Reuters•52 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
Reuters•52 minutes agoOil 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
- Reuters•53 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
Reuters•53 minutes agoIntel 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
- Bloomberg Quint•54 minutes ago
Stocks To Watch: JSW Steel, HCL Tech, Tata Motors, Tata Steel
Stocks to watch out for in Friday’s trade.
Reuters•1 hour agoBrazil 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
Reuters•1 hour agoWith 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
- NewsBytes•1 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
Reuters•1 hour agoEcuador 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
- Reuters•1 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
Reuters•1 hour agoGold 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
Reuters•1 hour agoGold 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
Reuters•1 hour agoIran 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," ...
Reuters•1 hour agoIran 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.
