Tag: Oil

A remote-controlled Chinese motorised rover drove down the ramp of a landing capsule on Saturday and onto the surface of the Red Planet, making China the first nation to orbit, land and deploy a land vehicle on its inaugural mission to Mars.Zhurong, named after a mythical Chinese god of fire, drove down to the surface…

Taiwan reported another rise in domestic COVID-19 cases on Saturday, but the health minister said the trend remained stable with new infections concentrated in the northern part of the island in and around Taipei.After months of keeping the pandemic under control, Taiwan is dealing with a surge in domestic infections, and the whole island is…

U.S. factory activity gathered speed in early May amid strong domestic demand, but backlogs of uncompleted work are piling up as manufacturers struggle to find raw materials and labor, boosting costs for both businesses and consumers.Data firm IHS Markit said on Friday its flash U.S. manufacturing PMI increased to 61.5 in the first half of…

The Bank of England set out plans on Friday to use its 20 billion pounds ($28.4 billion) of corporate bond holdings to nudge companies to cut greenhouse gas emissions faster, part of a wider government strategy to achieve net-zero emissions.

Wall Street’s main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.

Drillers in New Mexico have set aside only a tiny fraction of the money they will eventually need to clean up their wells, pipelines and other infrastructure in the state, leaving taxpayers at risk of footing some of the balance, according to a study published on Thursday.Concerns are growing about who will pay for the…

Indonesia’s exports racked up their strongest rise in 11 years in April, boosted by surging prices of key commodities such as palm oil and coal, data from the statistics bureau showed on Thursday as they beat analysts’ expectations.

The number of confirmed coronavirus cases in Germany increased by 12,298 to 3,626,393, data from the Robert Koch Institute (RKI) for infectious diseases showed on Thursday.

* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Updates throughout)

Oil prices fell for a second day on Wednesday on the potential of Iranian supply returning and as investors sold on speculation that inflation fears might lead the U.S. Federal Reserve to raise interest rates, which could limit economic growth.U.S. West Texas Intermediate (WTI) crude futures dropped 73 cents, or 1.1%, to $64.76 a barrel…