Google Alert - Business

	Business Daily update ⋅ April 21, 2020
	NEWS
	Reuters Dollar resumes ascent as oil and North Korea keep investors on edge Reuters TOKYO (Reuters) - The dollar resumed its climb against currencies of oil producers on Tuesday, as investors remained skittish after a historic plunge in U.S. crude futures to below zero and shied away from risk even as the benchmark bounced back. Flag as irrelevant
	Wall Street Journal Why Oil Is $11 a Barrel Now but Three Times That in Autumn Wall Street Journal The price for a barrel of West Texas Intermediate crude to be delivered next month fell 40% to $11 in Monday's trading, the lowest price in two decades. If that barrel were to be delivered to a buyer in November, it would be worth nearly three times as much. Flag as irrelevant
	The New York Times Too Much Oil: How a Barrel Came to Be Worth Less Than Nothing The New York Times Something bizarre happened in the oil markets on Monday: Prices fell so much that some traders paid buyers to take oil off their hands. The price of the main U.S. oil benchmark fell more than $50 a barrel to end the day about $30 below zero. This is the first ... Flag as irrelevant
	CNBC Stock market live updates: Dow falls 1.5%, oil tanks 40%, New York past virus peak? CNBC U.S. equities started the week off with declines on Monday amid falling oil prices and abounding uncertainty about the depth or duration of the coronavirus pandemic. All three major averages fell more than 1%. U.S. oil prices fell as much as 41% as the May ... Flag as irrelevant
	The New York Times New York Needed Ventilators. So They Developed One in a Month. The New York Times The nudge came in an email in early March from an Italian friend alarmed by how fast the deadly coronavirus was spreading in his country. A shortage of ventilators, he told Scott Cohen and Marcel Botha, was a critical problem in Italy, and he warned that it ... Flag as irrelevant
	Reuters Dollar firm as caution creeps back; kiwi jumps as lockdown to ease Reuters SINGAPORE (Reuters) - The dollar found support on Monday as global growth fears hit oil prices and commodity currencies, while the New Zealand dollar rose on news that the government will begin to relax strict virus containment measures from next week. Flag as irrelevant
	Wall Street Journal Oil Prices Slump as Crude Storage Shortage Intensifies Wall Street Journal Oil prices extended their declines Monday as storage space ran low for the glut of crude no longer needed by economies hard hit by the coronavirus. The June contract for West Texas Intermediate futures, considered the benchmark for U.S. crude prices, ... Flag as irrelevant
	CNBC Why oil prices just crashed into negative territory — 4 things investors need to know MarketWatch Oil just did something that made even market veterans shake their heads in wonder — the soon-to-expire May contract for West Texas Intermediate crude on the New York Mercantile Exchange traded, and closed, in negative territory. "I'm not sure how to react ... Flag as irrelevant
	Wall Street Journal China Rolls Out Pilot Test of Digital Currency Wall Street Journal BEIJING—China's central bank has introduced a homegrown digital currency across four cities as part of a pilot program, marking a milestone on the path toward the first electronic payment system by a major central bank. Internal tests of the digital currency ... Flag as irrelevant
	Reuters Saudi Arabia gets physical with Russia in underground oil bout Reuters MOSCOW (Reuters) - Behind a Saudi-Russian truce to stabilise oil markets with a record output cut, market players are seeing the two production heavyweights still trading blows in the physical market. FILE PHOTO: The national flags of Russia and Saudi ... Flag as irrelevant
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