Finance

Oil war escalates: Saudi Arabia, UAE promise a flood of crude

In a filing made Tuesday on Riyadh's Tadawul stock market, Aramco - formally known as the Saudi Arabian Oil Co. - said that the increase in production repre...


Shock move: Bank of England slashes key rate over virus fears

They also reduced the amount of capital banks must hold in a further attempt to support lending. "These measures will help to keep firms in business and people ...


Google's COVID-19 Fund To Offer Paid Sick Leave To Extended Staffs

The virus has killed 28 people and spread to more than 950 in the US, with hotspots in California, Washington and much of the East Coast, according to John Hopk...


Saudi Aramco to boost capacity; Abu Dhabi to increase supply

Markets had been showing signs of much-needed stability in early trade following two days of wild gyrations, thanks to a pledge by U.S. President Donald Trump t...


Met Éireann Warning Of Heavy Rainfall

The Met Office's map shows towns and villages including Longridge, Grimsargh and Samlesbury could be affected. Speaking to ED!, a Met Office spokesperson said...


White House says Trump has not been tested for coronavirus

A leading Republican, Ted Cruz of Texas, will probably not be at the meeting, since he has made a decision to quarantine himself after learning that he had come...


Inslee to outline new policies as coronavirus deaths hit 22

Just three staff members reported to Life Care Center in Kirkland, Washington, between Tuesday night and Wednesday morning to serve about 90 residents, a firs...


Qantas slashes worldwide capacity to United States and Europe, grounds A380s

The number of flights to Asia in the next six months will be cut by 31 per cent. Flights to the USA will drop by 19 per cent, 17 per cent for the United King...


Number Of Coronavirus Cases Rises Above 100 In New York

Cotton is in quarantine at his home, where he is recovering. "If you buy this insurance, you cancel for any reason, including anything related to the coronavi...


Oil prices and gas prices continue to fall in early March

The average price gallon Sunday night in Escambia County was $2.26, down about seven cents from a week ago. At an average of $2.01 per gallon, SC is neck and ...


‘Bigger than coronavirus’: Oil records biggest price drop in 29 years

U.S. West Texas Intermediate (WTI) crude fell by $11.88, or 29 percent, to $29.40 a barrel, after touching $27.34, also the lowest since February 12, 2016. "The...


Oil Prices Fall Sharply, Gas Prices Expected to Go Down

Stocks went into a steep slide Monday on Wall Street as a combination of coronavirus fears and a crash in oil prices spread alarm through the market, triggering...


Enforcement Directorate nabs Rana Kapoor, CBI on trail

The investigative agency also issued look-out notices against the accused, preventing them from leaving the country. Yes Bank invested Rs 3,700 crore in the...


US Stock Trading Trips Circuit Breaker As S&P 500 Falls 7%

On Friday the treasury price hit a historic low, closing at 0.707% as markets responded to the coronavirus . Oil is no exception. Oil prices were on course...


Oil plunges 25%, hit by erupting Saudi-Russia oil price war

Oil and other commodity companies make up a large part of the Australian stock market. "But long-term investors must think in terms of years or decades". The ...


How major United States stock indexes fared Monday

Plunging oil prices - the commodity lost 30 percent of its value overnight - and coronavirus-related panic took a big bite out of stock values, leading to one o...


Coronavirus: Facebook Closes London Offices After Employee Diagnosed

The facilities will be closed until Monday for deep cleaning and employees are working from home until then, the spokesman said. There have been 163 cases...


Coronavirus concerns alter plans for popular Tim Hortons contest

Tim Hortons recognizes that some guests will miss the excitement of rolling up the paper cups, even for good reason given the current public health environment...


Watch out for Fake Coronavirus Products

Amazon has not provided a list of those products it says it has removed, but a BBC search for "coronavirus" on the online site suggests many products are stil...


Next Italy Moves To Lock Down Northern Region Over Virus

Travellers crammed aboard standing-room only trains, tucking their faces into scarves and sharing sanitising gel. Most of the country's deaths also come from th...


Dow Jones Industrial Average now down more than 1,100 points

The benchmarks are still in correction territory, however, down at least 10% from their recent peaks. The 30-stock benchmark plunged 894.66 points at one point ...


Coles limits toilet paper sales to single pack

The toilet paper problem is not unique to Australia - a similar situation besieged places worse-affected by the virus , such as Singapore, Japan , and Hong ...


Trump calls for more rate cuts, says economy is strong despite coronavirus

The move, which pushed the Fed's policy rate down to a range of 1% to 1.25%, marked the largest cut since the 2008 financial crisis. It still holds safe-haven s...


Jobs report: USA added 273K jobs in February prior to coronavirus slowdown

The Labor Department said Friday that the unemployment rate fell to 3.5% last month, matching a 50-year low, down from 3.6% in January. "Importantly, the ...


USA posts drop in January trade deficit

Imports dropped by 0.5 per cent, with declines seen in six of the 11 product sections. The Fed on Tuesday lowered the target range for the federal funds rate ...


Olive Garden customer demands non-Black server

During the incident, Donahue added that the customer began making comments to a different employee about Donahue herself, saying she should "go work at a strip ...


Britons ‘comfortable’ on coronavirus-hit cruise ship stranded off California

The 15 residents of the nursing facility who were transferred overnight have been "dispersed" to various hospitals in the region, said Patty Hayes, director for...


EU's Barnier: 'serious' differences with Britain after first round of talks

The NAO said in the report that staffing levels peaked in October 2019 when 22,000 civil servants were working on Brexit planning. Barnier also reiterated t...


Google Wins $179 Million Against Former Engineer Who Stole Trade Secrets

It declined to comment on the award. In March a year ago an arbitration panel found in Google's favour, and in December awarded it $179m, a judgment confirm...


Apple, Netflix pull out of SXSW 2020

At a press conference Wednesday, Austin public health officials insisted that cancelling the event - which is scheduled to take place from March 13 to ...


Personally monitoring Yes Bank situation, depositors money safe: FM Sitharaman

The Reserve Bank of India (RBI ) said it had increased Yes Bank's authorised share capital, paving the way for a cash injection after it failed in its months...


Woody Allen Memoir Canceled by Publisher Following Staff Walkout

A Twitter user posted a picture of the protest Thursday afternoon, saying "75 plus employees" chose to walk out in solidarity with Ronan and Dylan Farrow , ...


Canadian economy adds 30,300 jobs in February

In the days since the rate cut, the economic impact of the virus has become more apparent with airlines and hotels warning of lost revenue amid canceled confere...


Microsoft asks staff in Seattle area, Silicon Valley to work from home

Microsoft's headquarters in Redmond, Wash. It is stated that both employees reside in the Puget Sound district in Washington state. "Note for all employees gl...


Wall Street extends slide, Energy Index is down 5% on OPEC headlines

The Russell 2000 index of smaller company stocks rose 3%, to 1,531.20. That's partly thanks to a dramatic rally Wednesday after a strong Super Tuesday performan...


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