Google Alert - Business

	Business Daily update ⋅ April 22, 2020
	NEWS
	Wall Street Journal Saudi Oil Stranded in Supertankers as Backlog Piles Up Wall Street Journal Saudi Arabia's oil-price war with Russia flooded the market with crude. Now, with demand having dried up and buyers hard to find, the kingdom is resorting to storing much of it at sea. At least one in 10 supertankers around the world is serving as a floating oil ... Flag as irrelevant
	The New York Times Stocks Fall as Oil's Slide Continues: Live Markets Updates The New York Times The unprecedented price plunge that hit the main U.S. oil benchmark on Monday spread to other parts of the oil market on Tuesday as traders realized that output remains far too high and storage is running out. The action on Monday was mostly in the futures ... Flag as irrelevant
	Washington Post As price of oil drops, Trump orders plan to help US energy companies Washington Post President Trump said Tuesday he has ordered his administration to come up with a plan to provide federal assistance to the oil and gas industry in the United States, which has been staggered by the consequences of the coronavirus pandemic. A huge drop ... Flag as irrelevant
	The New York Times 'I'm Just Living a Nightmare': Oil Industry Braces for Devastation The New York Times HOUSTON — Workers at Marathon Petroleum's refinery in Gallup, N.M., are turning off the valves. Oil companies in West Texas are paying early termination fees to contract employees rather than drill new wells. And in Montana, producers are shutting down ... Flag as irrelevant
	Wall Street Journal Richard Branson Fights to Save Travel, Tourism Empire Wall Street Journal LONDON—Two months ago, Richard Branson launched the Scarlet Lady, the first cruise ship in a globe-spanning travel and tourism empire bearing his Virgin Group brand. Today, the cruise ship business is on hold. One of his airlines, Virgin Australia, filed ... Flag as irrelevant
	Times of India Morning News Call - India, April 22 Reuters To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 11:00 am: The Federal cabinet is likely to meet in New Delhi. 5:00 pm: Principal Economic ... Flag as irrelevant
	SaltWire Network FOREX-Dollar gains as oil crash and North Korea sap risk sentiment Reuters ... * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E. * Historic collapse in oil futures. * Dollar to remain supported in long term. * FX markets adjust to shifts in global economic risks. By Stanley White. TOKYO, April 21 (Reuters) - The dollar resumed its climb ... Flag as irrelevant
	Wall Street Journal Oil Price Rout to Hit US Regional Economies Wall Street Journal Tumbling oil prices will have broad regional impacts on the U.S. economy, hitting states far afield from Texas, which was the engine of a national energy boom during the past decade. Wyoming, Alaska, Oklahoma, North Dakota and West Virginia all depend ... Flag as irrelevant
	Wall Street Journal Cash Pours Into Distressed Real-Estate Funds as Investors Aim to 'Play Offense' Wall Street Journal Investors are pouring billions of dollars into new real-estate funds created to buy distressed debt backed by hotels, malls, office buildings and other commercial properties suffering big losses of value during the coronavirus crisis. Firms including KKR & Co., ... Flag as irrelevant
	Wall Street Journal The Markets Are Wild While You're Asleep Wall Street Journal Trading in overnight stock futures has skyrocketed, adding to a nearly nonstop stretch of market activity and luring more investors to join in the action. Among the most-traded are E-mini S&P 500 futures contracts, whose overnight trading volumes have surged ... Flag as irrelevant
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