Tag: Oil

Opinion – PoliticsOp-ed: As China forges global trade ties, U.S. risks falling behind despite early Biden winsKey PointsPresident Xi Jinping’s China is negotiating trade and investment agreements around the world, but both Republicans and Democrats in the U.S. have grown allergic to such deals.A lack of a coherent U.S. policy challenging China might undermine early…

Residential and office buildings are seen in Beijing, China, January 10, 2017. Picture taken on January 10, 2017. REUTERS/Jason LeeChinese new home prices rose again in April, fuelled by hot demand in smaller coastal cities as housing market strength in major centres tapered off due to tighter restrictions, a private survey showed on Saturday.New home…

Workers prepare face shields from recycled plastics at the Zaidi Recyclers workshop as a measure to stop the spread of coronavirus disease (COVID-19) in Dar es Salaam, Tanzania May 21, 2020. REUTERS/Stringer//File Photo(Adds increase in demand for medical oxygen)NAIROBI (Reuters) – Tanzania has installed medical oxygen production plants in its biggest national hospitals to serve…

Please try another search Economy10 hours ago (Apr 30, 2021 04:35PM ET) © Reuters. FILE PHOTO: FILE PHOTO: FILE PHOTO: The logo of the Bitcoin digital currency is seen in a shop in Marseille (Reuters) – rose 6.54% to $57,098.08 on Friday, adding $3,504.11 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency,…

Please try another search Economy14 hours ago (Apr 30, 2021 12:55PM ET) © Reuters. FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing By David Lawder WASHINGTON (Reuters) -China has fallen short on its commitments to protect American intellectual property in the ‘Phase 1’ U.S.-China trade deal signed…

Monday – Friday, 6:00 – 7:00 PM ETVideoFull EpisodesMad Money with Jim CramerCramer’s Covid-19 IndexCramer’s SoundboardMad MoneyBoat maker Brunswick seeing big demand as buyers become more diverse, CEO saysKey PointsBrunswick CEO David Foulkes told CNBC’s Jim Cramer that the company’s boat sales have grown by double digits in three straight quarters, adding that buyers are…

Energy trader Vitol on Friday said its U.S. upstream company, Vencer Energy LLC, will acquire Hunt Oil Company’s Midland Basin assets for an undisclosed sum.Dealmaking in the U.S. shale industry has jumped in 2021 as large companies unload assets to mollify investors angry about years of weak shareholder returns. Vitol is the world’s biggest independent…

A visitor speaks with a representative of Agnico Eagle Mines Ltd at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 1, 2020. REUTERS/Chris HelgrenCanada’s Arctic territory Nunavut has delayed public hearings about a key water disposal project at Agnico Eagle Mines’ (AEM.TO) Meliadine gold mine, a company executive…

Please try another search Economy7 hours ago (Apr 29, 2021 05:50PM ET) 10/10 © Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves 2/10 By Jeffrey Dastin and Akanksha Rana (Reuters) -Amazon.com Inc posted record profits from pandemic shopping and indicated sales would keep growing even as customers…