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OPEC puts heads together over oil output cuts
Apr 09, 2020
LONDON — Top oil producers were scheduled to discuss on Thursday a possible cut in output after a collapse in demand due to the coronavirus and a Saudi-Russian price war caused the market to crash.       The teleconference scheduled for 14:00 GMT between OPEC, its OPEC+ allies including Russia and other key non-members ...
Tokyo's Nikkei edges down as uncertainty offsets stimulus hope
Apr 09, 2020
TOKYO — Tokyo's benchmark Nikkei index closed marginally lower on Thursday, as hopes ...
Tesco recruits 45,000 UK supermarket staff
Apr 08, 2020
LONDON — Britain's biggest retailer Tesco has recruited more than 45,000 staff in two ...
Global trade will plunge by up to a third in 2020 — WTO
Apr 08, 2020
GENEVA — Global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade Organisation s ...
Asian markets mostly down amid uncertainty
Apr 08, 2020
HONG KONG — Most Asian equities retreated on Wednesday after a two-day rally as investors closely track developments in the coronavirus cris ...
Airbnb gets $1b investment
Apr 07, 2020
SAN FRANCISCO — Airbnb on Monday said it was taking a billion dollars in new investment to endure and, it hopes, thrive in a travel world tr ...
Samsung Electronics expects profit rise
Apr 07, 2020
SEOUL — Samsung Electronics expects higher first-quarter profit, it said on Tuesday, as millions of people working from home in coronavirus ...
US stocks open much higher on Tuesday
Apr 07, 2020
NEW YORK — Wall Street stocks opened higher on Tuesday, surging for a second straight session amid hopes governments are making progress in ...
Stock markets rebound on Monday
Apr 06, 2020
London, April 6, 2020 — Asian and European equity markets rebounded on Monday as some of the world's worst-hit countries reported falling de ...
Boeing extends factory shutdown in Washington state
Apr 06, 2020
WASHINGTON — Boeing has said it will indefinitely extend a shutdown at its factories in Washington state because of the coronavirus pandemic ...
VW loses 'damning' dieselgate class lawsuit in UK
Apr 06, 2020
LONDON — Volkswagen faces the threat of a hefty "dieselgate" payout in Britain after a court on Monday ruled in favour of more than 90,000 d ...
UAE doubles stimulus to counter coronavirus impact
Apr 05, 2020
ABU DHABI — The Central Bank of the United Arab Emirates (CBUAE) said on Sunday it has doubled to $70 billion a stimulus package to support ...
Iran to restart 'low-risk' economic activities soon
Apr 05, 2020
TEHRAN — Iran said on Sunday it will allow "low-risk" economic activities to resume from April 11 as its daily coronavirus infection rates s ...

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