[ad_1] (Reuters) – Gold edged down on Monday as investors booked profits after prices hit a one-month high last week, while worries over a coronavirus-driven steeper global economic downturn and the U.S. Federal Reserve’s stimulus
OPEC, Russia approve biggest-ever oil cut to support prices amid coronavirus pandemic
[ad_1] BAKU/DUBAI/LONDON (Reuters) – OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil
OPEC, Russia approve biggest ever oil cut amid coronavirus pandemic
[ad_1] BAKU/DUBAI/LONDON (Reuters) – OPEC and allies led by Russia agreed on Sunday to cut oil output by a record amount – representing around 10% of global supply – to support oil prices amid the
Turkey calls on private banks to do more to help fight coronavirus
[ad_1] Turkish Treasury and Finance Minister Berat Albayrak attends a news conference in Istanbul, Turkey, April 10, 2019. REUTERS/Umit Bektas ISTANBUL (Reuters) – Turkey called on private banks on Sunday to do more to help
Smithfield shutting U.S. pork plant indefinitely, warns of meat shortages during pandemic
[ad_1] FILE PHOTO: A truck arrives at Smithfield Foods’ pork plant in Smithfield, Virginia, U.S. October 17, 2019. Picture taken October 17, 2019. REUTERS/Tom Polansek/File Photo CHICAGO (Reuters) – Smithfield Foods, the world’s biggest pork
The choice facing investors: buy the bounce, or bet on a bottom
[ad_1] (Reuters) – A dramatic bounce in U.S. stocks in the midst of the coronavirus pandemic is confronting investors with a difficult decision: buy into what may turn out to be a nascent bull market,
Head of Mexico’s main stock exchange dies after testing positive for coronavirus
[ad_1] MEXICO CITY (Reuters) – The president of the board of Mexico’s main stock exchange, Jaime Ruiz Sacristan, died on Sunday, according to a statement from the exchange. Ruiz Sacristan tested positive of the novel
Etihad to operate special flights to Europe, Japan this month: statement
[ad_1] FILE PHOTO: An Etihad Airways Airbus A320-200 at the National Airport Minsk, Belarus, April 19, 2018. REUTERS/Vasily Fedosenko/File Photo DUBAI (Reuters) – Abu Dhabi’s Etihad Airways said on Sunday it would operate special flights
Seen everywhere in last U.S. crisis, moral hazard is nowhere in this one
[ad_1] SAN FRANCISCO/WASHINGTON (Reuters) – As the U.S. Federal Reserve rolls out trillions of dollars to blunt the economic fallout of the coronavirus pandemic, there’s a notable difference to the last financial crisis: close to
Russian, Saudi ministers to chair OPEC+ meeting on Sunday: Azerbaijan
[ad_1] The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC’s headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger BAKU/DUBAI (Reuters) – Russian Energy Minister Alexander Novak and