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| Dollar stands tall as euro zone outlook darkens LONDON (Reuters) - The euro wallowed at seven-week lows against the dollar on Tuesday as concern about extended lockdowns in the euro zone weighed on the single currency and optimism about U.S. stimulus boosted the dollar. FILE PHOTO: U.S. Dollar ... | |
| OPEC+ Success With Oil Strategy Buys Time Before Tough Choices OPEC and its allies can celebrate their success in steadying world oil markets when they gather this week. But the coalition will soon be faced with some tough choices. Last month's pledge by Saudi Arabian Energy Minister Prince Abdulaziz bin Salman to ... | |
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| Exxon Defends Giant Dividend After First Annual Loss in Decades The dividend pledge comes on the heels of a $19.3-billion writedown of U.S. natural gas and other assets, and the lowest production since the 1999 Mobil Corp. merger. Cash flow from operations -- a key gauge of corporate strength -- shrank by almost 9% ... | |
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| Controversial Homegrown Vaccine Risks Derailing India's Rollout A year ago, Krishna Ella was simply known for running a small Indian pharmaceutical company with a reputation for scientific rigor. Then came the pandemic that put the scientist and his family at the center of one of the world's loudest furors over a coronavirus ... | |
| Jeff Bezos to Step Down as Amazon CEO Mr. Bezos had increasingly stepped back from the day-to-day until the pandemic. He will become executive chairman, and Andy Jassy, the head of Amazon's cloud computing division, will become chief executive. | |
| Bitcoin Accounts Offer 3% Rates in a Low-Interest World Gemini Trust Co., the cryptocurrency exchange founded by the billionaire twins Cameron and Tyler Winklevoss, on Tuesday became the latest to offer interest rates ranging from 1.54% on a token called Balancer to 7.4% for Filecoin, another obscure digital ... | |
| Oil Buoyant Near $55 as Falling Stockpiles Add Impetus to Rally Futures in New York traded near $55 a barrel after jumping almost 5% over the previous two sessions in tandem with a broader rally in financial markets. The American Petroleum Institute reported crude inventories fell by 4.3 million barrels last week, people ... | |
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