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Oil selloff intensifies on Covid fears and risk of US-China intervention New York (CNN Business) The oil market has gone from booming to busting, much to the relief of inflation-weary American drivers ahead of the Thanksgiving holiday. US crude tumbled as much as 3.5% on Friday, hitting a fresh six-week low of $76.17 a ...
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Oil dives 3% to below $80/bbl on resurgent pandemic in Europe NEW YORK, Nov 19 (Reuters) - Oil prices fell about 3% to below $80 a barrel on Friday as surging COVID-19 cases in Europe threatened to slow the economic recovery while investors also weighed a potential release of crude reserves by major economies to ...
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Asia's spot crude market peaks on possible oil reserve release Register now for FREE unlimited access to reuters.com · Atlantic Basin crude more affordable as Brent-Dubai spread narrows · Russian ESPO, Sokol premiums fall from 22-mth high · U.S. Mars crude much cheaper than Oman for Feb arrival.
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Asia sits out equities rally as Alibaba slides HONG KONG, Nov 19 (Reuters) - Asian shares sat out a global rally on Friday as disappointing earnings from Chinese e-commerce giant Alibaba reinforced worry about slowing growth in the world's second-largest economy, even as European and U.S. share ...
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Elizabeth Holmes takes the stand in her criminal fraud trial SAN JOSE, Calif. — Fallen Silicon Valley star Elizabeth Holmes, accused of bamboozling investors and patients into believing that her startup Theranos had developed a blood-testing device that would reshape health care, took the witness stand Friday in ...
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Alibaba shares plunge nearly 11% after warning of slower growth The fall in Hong Kong followed a similar plunge Thursday in its share price on Wall Street after the company reported disappointing quarterly earnings and warned that results for the year will miss analysts' estimates. So ...
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Amazon credit cards offering up to $200 welcome bonus, 10% back on select products Until Nov. 30, new and existing Amazon credit cardholders are in for an extra treat. If you're interested in signing up for an Amazon credit card, you'll earn an increased welcome bonus of either a $100 or $200 Amazon gift card immediately upon ...
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Thanksgiving dinner cost jumps with inflation on the menu CHICAGO, Nov 19 (Reuters) - Thanksgiving dinner will cost U.S. consumers an average of 14% more this year in the biggest annual increase in 31 years, the American Farm Bureau Federation said, though shoppers can still find deals in grocery stores.
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CDC advisory group endorses Pfizer and Moderna boosters for all adults An advisory panel to the Centers for Disease Control and Prevention voted on Friday to recommend Pfizer-BioNTech and Moderna's COVID-19 booster shots to all adults, a move that simplifies who is eligible for an additional dose.
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Crypto collective loses bid for rare copy of US Constitution to hedge fund mogul The nail-biter of an auction, the last Sotheby's conducted on Thursday evening, started at $30 million and quickly rose in turns between crypto group ConstitutionDAO and another bidder, who was later identified as hedge fund billionaire Ken Griffin.
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