Google Alert - Business

	Business Daily update ⋅ April 13, 2020
	NEWS
	Wall Street Journal Young Shale CEO Asks Texas to Curb Oil Output as Coronavirus Cuts Prices Wall Street Journal One of the youngest chief executives in the American oil patch is slashing spending to survive a crash in crude prices, while trying to convince Texas to curtail output for the first time since the 1970s. Matt Gallagher, the 37-year-old leader of Parsley Energy Inc. Flag as irrelevant
	Reuters Commodity currencies slip as OPEC+ output cuts provide little cheer Reuters TOKYO (Reuters) - Commodity currencies slipped against safe-haven units such as the dollar and yen on Monday as a record output cut agreed by OPEC and other oil producing nations failed to offset broader concerns about global demand for resources. Flag as irrelevant
	Reuters Oil futures little changed despite record output cut by OPEC+ Reuters NEW YORK (Reuters) - Oil futures were little changed on Sunday even after major oil producers reached a deal for a record 10 million bpd output cut, with analysts saying the agreement is insufficient to head off oversupply as the coronavirus hammers ... Flag as irrelevant
	The New York Times Oil Nations, Prodded by Trump, Reach Deal to Slash Production The New York Times HOUSTON — Oil-producing nations on Sunday agreed to the largest production cut ever negotiated, in an unprecedented coordinated effort by Russia, Saudi Arabia and the United States to stabilize oil prices and, indirectly, global financial markets. Flag as irrelevant
	CNN OPEC and its allies strike historic agreement to cut nearly 10 million barrels a day MarketWatch The deal, sealed Sunday, came after President Trump intervened to help resolve a Saudi-Mexico standoff that jeopardized the broader pact. Sunday OPEC deal struck. AFP/Getty Images. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Flag as irrelevant
	CNBC All gassed up and nowhere to go: Gasoline prices are at multi-year lows, but no one is driving CNBC The national average for a gallon of gas — $1.883, according to the latest data from AAA — is the cheapest in more than four years. But with at least 42 states under stay-at-home orders, Americans can't take advantage of cheaper fuel. "The outbreak is ... Flag as irrelevant
	Reuters OPEC, Russia approve biggest ever oil cut amid coronavirus pandemic Reuters BAKU/DUBAI/LONDON (Reuters) - OPEC and allies led by Russia agreed on Sunday to cut oil output by a record amount - representing around 10% of global supply - to support oil prices amid the coronavirus pandemic, and sources said effective cuts could ... Flag as irrelevant
	CNBC Oil jumps after OPEC and allies agree to historic production cut CNBC Oil prices moved higher in overnight trading after OPEC and its allies agreed to cut production by 9.7 million barrels per day. The deal, which was finalized on Sunday after marathon discussions that spanned four days, is the single largest output cut in history. Flag as irrelevant
	The New York Times Bob Iger Thought He Was Leaving on Top. Now, He's Fighting for Disney's Life. The New York Times The Walt Disney Company turned franchises like Marvel and "Star Wars" into the biggest media business in the world, and last fall it was putting the finishing touches on the image of a storied character: its chief executive, Bob Iger. In late September, Mr. Iger, ... Flag as irrelevant
	Asia Times RPT-UPDATE 2-China March loans surge to $405 bln as coronavirus stimulus kicks in Reuters (Repeats story issued late on Friday with no changes to text). * March new loans 2.85 trln yuan vs f'cast 1.80 trln yuan. * March M2 money supply +10.1% y/y, vs f'cast of +8.8%. * March TSF 5.15 trln yuan, vs f'cast 2.80 trln yuan. * Load demand likely to see ... Flag as irrelevant
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