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US dollar drops to lowest in more than two years NEW YORK (Reuters) - The dollar hit its lowest in two and a half years on Monday as broad risk sentiment improved overall, with investors looking to President-elect Joe Biden's economic team that is likely to push for more stimulus to counter the shock from ...
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FOREX-Dollar hits new two and a half year low after month of losses ... * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E (Updates prices, adds comment and chart). LONDON, Nov 30 (Reuters) - The dollar hit its lowest in two and a half years on Monday while riskier currencies were mixed, as the global equities rally that ...
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Exclusive: Trump to add China's SMIC and CNOOC to defense blacklist - sources WASHINGTON (Reuters) - The Trump administration plans to add China's top chipmaker SMIC and oil giant CNOOC to a blacklist of alleged Chinese military companies, escalating tensions with Beijing before President-elect Joe Biden takes office, according ...
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Consumer groups say new Trump administration rules for airlines will hurt efforts to stop 'deceptive practices' The Department of Transportation has set new standards for how it would determine whether airlines are being unfair or deceiving passengers, giving a boost to the industry in the Trump administration's final weeks by issuing rules that consumer groups say ...
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OPEC leans towards extending oil cuts into first quarter if allies agree DUBAI/LONDON/MOSCOW (Reuters) - OPEC members moved closer on Monday to extending existing oil production cuts for three months from January but still need to convince the wider OPEC+ group led by Russia to support the move, ministers and ...
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Exxon tries to put the worst behind it with $20 billion writedown HOUSTON (Reuters) - Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion, its biggest ever impairment, and slash project spending next year to its lowest level in 15 years. FILE PHOTO: An ...
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Conditions Remain Favorable for Gold NEW YORK, Nov. 30, 2020 /PRNewswire/ -- After the election and Pfizer's announcement about a potential vaccine, gold prices have been volatile. Yet, the same factors that had helped the gold price to go up in recent months, such as low interest rates, are ...
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The Stock Market's Rally Is Finally Widening A wide range of stocks have powered the November market rally, a broadening of support beyond the few highflying companies that propelled indexes earlier this year. With a drumbeat of promising reports on Covid-19 vaccines and the easing of U.S. ...
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Oil prices down 1.5% as OPEC+ debates 2021 output policy NEW YORK (Reuters) - Oil fell about 1.5% on Monday as the world's major oil producers discussed extending deep output cuts at talks this week, but benchmark crude will end the month with a strong rally built on hopes that COVID-19 vaccines will soon be ...
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Dollar hits new two and a half year low after month of losses LONDON (Reuters) - The dollar hit its lowest in two and a half years on Monday while riskier currencies were mixed, as the global equities rally that has seen risk appetite surge in November paused for breath. FILE PHOTO: U.S. dollars are counted out by a ...
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