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AMC Warns it May Not Stay in Business: Live Updates The S&P 500 rose for a third day this week as private payroll data showed that job cuts may be slowing. Here's what you need to know: AMC Theaters says it has 'substantial doubt' it can stay in business. The Fed will buy debt from some small cities and ...
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Quibi's Slow Start Is Due to Having No Popular Titles, Poor Marketing — Analysis One of the defining strengths of Quibi, the short-form streaming service that launched on April 6, was its ability to court a wide variety of advertisers. But now, nearly two months after launch and with viewership staying low, some of the major companies that ...
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UPDATE 1-Euro set for seventh day of gains, dollar loses to riskier assets ... * Euro/Swiss franc highest since January. * Dollar index falls to nearly three-month low. * Australian dollar highest in five months vs US dollar. * Norwegian crown best G10 currency year-to-date. * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh (Updates ...
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The Other Epidemic: A Cluster Of Historic Blunders — Exhibit 1: The Saudi/Russia Oil Price War "Saudi Arabia has repeated the blunder it made in November 2014 by increasing oil production during an oil-price collapse. In 2014, it led to a depression in the oil industry. This time, it may be the tipping point for a global economic depression." ...
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Euro set for seventh day of gains, dollar loses to riskier assets LONDON (Reuters) - The euro topped an 11-week high on Wednesday, on track for a seven-day winning streak, and the dollar fell against most currencies as the prospects of more stimulus and hopes for economic recovery led investors to buy riskier assets.
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Euro set for seventh day of gains, dollar loses to riskier assets LONDON (Reuters) - The euro topped an 11-week high on Wednesday, on track for a seven-day winning streak, with the dollar falling against most currencies as the prospects of more stimulus and hopes for economic recovery emboldened investors to buy ...
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Saudi Arabia, Russia Agree to Extend Production Cuts as Oil Recovers Saudi Arabia and Russia have agreed to extend record oil-production cuts through July, OPEC delegates said Wednesday, in a sign that many of the world's largest oil producers are confident that oil demand will return quickly as coronavirus lockdown ...
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ECB Told to Be Bold With More Cash for Recovery: Decision Guide The European Central Bank will decide on Thursday whether its already massive monetary stimulus needs to be boosted even more to help haul the region out of its deepest recession in living memory. With President Christine Lagarde warning that the ECB's ...
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OPEC+ keen to keep US shale in check as oil prices rally LONDON (Reuters) - When OPEC, Russia and their allies agreed in April to slash oil production, little did they expect that their initiative to prop up collapsing prices would be helped by a swift drop in U.S. output. FILE PHOTO: A 3D printed oil pump jack is ...
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Oil Slips Amid Doubts Over Extension of OPEC Cuts Oil prices slipped Wednesday on speculation that the Organization of the Petroleum Exporting Countries and its allies might fail to maintain production cuts, or extend them only briefly. Brent-crude futures, the benchmark in international energy markets, fell 1% ...
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