[ad_1] LONDON (Reuters) – Oil prices rose on Monday after leading exporter Saudi Arabia said it will reduce output by 1 million barrels per day (bpd) on top of reductions agreed under an OPEC+ pact,
Oil prices rise on Saudi voluntary cuts
Marriott quarterly profit misses lowered estimates as bookings plunge
[ad_1] FILE PHOTO: A JW Marriott hotel is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo (Reuters) – Marriott International Inc fell short of already drastically lowered expectations for quarterly profit
Global Markets: Stocks stumble on fears of second wave of coronavirus cases
[ad_1] LONDON (Reuters) – Stock markets gave up their early gains on Monday after reports of a pick-up in new coronavirus cases that threatens to slow or reverse the loosening of lockdown measures. Passersby wearing
To work or not to work? UK lockdown unwind mired by confusion
[ad_1] LONDON (Reuters) – British Prime Minister Boris Johnson will on Monday give details of how to get the economy back to work, after his attempt to plot a nuanced exit from the coronavirus lockdown
Saudi triples VAT rate in austerity drive against oil slump, virus
[ad_1] RIYADH/DUBAI (Reuters) – Saudi Arabia will triple its value added tax rate and suspend a cost of living allowance for state workers, it said on Monday, seeking to shield finances hit by low oil
China stainless steel hits nine-month high as domestic demand recovers
[ad_1] BEIJING (Reuters) – Chinese stainless steel futures surged on Monday, hitting their highest level in over nine months as domestic demand continued to pick up after coronavirus-related shutdowns. Workers pour molten iron into a
Oil prices fall on supply glut, fears of second virus wave
[ad_1] SINGAPORE (Reuters) – Oil prices slipped more than 1% on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic cancelled out support from supply cuts at some of
India’s benchmark bond yield rises sharply after govt hikes borrowing
[ad_1] FILE PHOTO: A cashier checks Indian rupee notes inside a room at a fuel station in Ahmedabad, India, September 20, 2018. REUTERS/Amit Dave/File Photo MUMBAI (Reuters) – India’s benchmark 10-year bond yield rose sharply
Japan appoints first female central bank executive director
[ad_1] TOKYO (Reuters) – Japan’s central bank saw some sweeping changes in a personnel reshuffle on Monday, including the appointment of its first female executive director in the male-dominated institution. A security guard walks past
Japan eyes more spending backed by second extra budget to combat pandemic fallout
[ad_1] TOKYO (Reuters) – Japan will take additional stimulus measures “swiftly” to combat the fallout from the coronavirus pandemic, Prime Minister Shinzo Abe said, signalling readiness to compile a second supplementary budget during the current