OPEC agrees to cut crude oil output; may decide final figures by Friday

OPEC agreed on Thursday a tentative deal to cut oil output but has not yet come up with a final figure, an OPEC delegate said.

OPEC, cut in crude oil output, crude oil output, non-OPEC Russia, Khalid al Falih News

Global stock plunge: Central European shares fall amid trade war fears

Warsaw led a fall on Central European bourses on Thursday due to gloom and doom on global stock markets amid risk aversion and deep concerns about the impact of the U.S.-China trade war.

global stock markets, Budapest bourse, European stock futures, Morgan Stanley, MPC policy outlook News

Uber plans return to self-driving cars after 2017 fatal accident

The company in the past unleashed its fleet in autonomous mode on public roads at high speeds, after dark, in areas crowded with pedestrians and with a single backup driver in the front seat.

Car News

SoftBank mobile services disrupted ahead of bumper IPO, shares drop

SoftBank Group Corp's mobile phone services were disrupted in some parts of Japan on Thursday, ahead of an initial public offering (IPO) of its domestic telecoms unit later this month that will potentially raise $21 billion.

Industry News

US dollar dips versus yen as growth concerns shake confidence

The dollar dipped against the safe-haven yen on Thursday amid a spike in risk aversion, as equities continued their retreat on concerns about growth in the world's largest economy.

Markets News

Crude oil prices dip as stock markets slide, but trading tepid ahead of OPEC meeting

Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices

Commodities News

Jet Airways: Etihad in talks with airline, bankers

Jet Airways Ltd and second-largest shareholder Etihad Airways have been holding rescue talks with bankers of the indebted Indian carrier, three people aware of the matter told Reuters on Wednesday.

Jet Airways, etihad airways, etihad, jet airways loan, jet airways debt News

JP Morgan targets mid-sized firms in challenge to European banks

Thumbing through a thick binder detailing European mid-sized and family-owned firms, JP Morgan’s Doug Petno has his sights set on a business Europe’s banks have kept to themselves. “This list is heavily cura

JP Morgan targets mid-sized firms in challenge to European banks

Qualcomm Snapdragon 855 processor launched, to power 5G smartphones with advanced AI features

Chip supplier Qualcomm Inc on Tuesday unveiled a new generation of mobile phone processor chips that will power 5G smartphones in the United States as soon as next year.

Industry News

India vs Australia: Australia coach Justin Langer all but confirms Marcus Harris debut

Harris is likely to open the batting with Aaron Finch in the opening encounter of the four-match series.

Sports News

US Dollar stays defensive on Treasury yield curve inversion worry

The dollar trimmed some of its recent losses but remained under pressure on Wednesday, as an inversion in part of the Treasury yield curve raises concerns about a potential U.S. slowdown.

Markets News

Gold pulls back from 5-week high as dollar edges higher

Spot gold was down 0.3 percent at $1,234.71 per ounce as of 0422 GMT, after hitting its highest since Oct. 26 at $1,241.86 an ounce in the previous session. U.S. gold futures were down 0.5 percent at $1,240.2 per ounce.

Markets News

Bumpy ride: More trouble ahead for bruised rupee

India's rupee will weaken over the six next months as uncertainty builds heading into national elections due in May, a Reuters poll showed.

Markets News

Crude oil prices skid amid global stock market slump, swelling US supply

Oil prices fell 1 percent on Wednesday, weighed down by swelling U.S. inventories and a plunge in global stock markets as China's government warned of increasing economic headwinds.

Commodities News

Asian stocks slide as falling US yields, trade worries knock sentiment

Asian stocks slid on Wednesday, dragged down by Wall Street's tumble as sharp declines in long-term U.S. Treasury yields and resurgent trade concerns stoked investor worries about global economic growth.

Markets News

Gold holds firm on weaker dollar

Gold prices held firm early on Tuesday, having hit a more than three-week high in the previous session, as the dollar stumbled after the United States and China agreed to a temporary truce in their trade conflict.

Commodities News

Oil prices extend gains on expected OPEC-led supply cuts

Oil prices rose on Tuesday, extending strong gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output.

Commodities News

Croatia’s Luka Modric beats Lionel Messi, Cristiano Ronaldo to win 2018 Ballon d’Or

Real Madrid's Croatia midfielder Luka Modric was named winner of the 2018 Ballon d'Or on Monday, breaking Cristiano Ronaldo's and Lionel Messi's decade-long hold on the prestigious award.

2018 Ballon d'Or, Luka Modric, Cristiano Ronaldo, Lionel Messi, 2018 Ballon d'Or winner, Croatia Luka Modric, Atletico Madrid, Antoine Griezmann, Kylian Mbappe, Kopa award, sports News

US Stocks: Wall Street rallies on temporary trade truce

The benchmark S&P 500 index and the Nasdaq rose to their highest in over three weeks.

Markets News

Qatar to withdraw from OPEC amid tiff with Saudi Arabia; to focus on gas exports

Qatar said on Monday it was quitting OPEC from January 2019 but would attend the oil exporter group's meeting this week, saying the decision meant Doha could focus on cementing its position as the world's top liquefied natura

Commodities News

‘Alexa, play songs on Apple Music’: Spotify rival coming to Amazon Alexa devices in December Inc said on Friday Apple Music will become available on its Echo smart speakers starting Dec. 17, signaling increasing collaboration between the tech heavyweights.

Industry News

Wall St week ahead Donald Trump-Xi Jinping trade armistice clears way for more market gains

Investors said the agreement, lasting 90 days, between Chinese President Xi Jinping and U.S. President Donald Trump at the G20 summit spelled a reprieve for stocks and could pave the way for a positive bookend to a volatile t

wall street, share market, US share market, Donald Trump, Xi Jinping, US china trade ceasefire, Wall St week, Wall Street, market news

Oil prices surge after US, China agree trade war ceasefire

Oil prices surged in early trading on Monday after the United States and China agreed a truce in their trade conflict and ahead of a meeting by producer club OPEC this week that is expected to result in a supply cut.

oil, oil prices, US-china, trade war, US china trade war, trade war ceasefire, commodities News

Asian shares rally on Sino-US trade truce, oil bounces

Asian shares rallied on Monday after U.S. and Chinese leaders brokered a truce in their trade conflict, a relief for the global economic outlook and a tonic for emerging markets.

Asian shares, Sino-US trade, oil, oil prices, Asian share market, dollar, yuan, united states, US-china, market news

Donald Trump-Kim Jong Un meet: Next US-North Korea summit likely in early 2019

US President Donald Trump said Saturday he thinks he will next meet North Korean leader Kim Jong Un in January or February and that three sites for the meeting are under consideration.

Donald Trump, Kim Jong Un, Trump kim meet, US-North Korea summit, Air Force One, United states, world news

G20 summit: China supports Saudi Arabia in economic and social change, says President Xi Jinping

Stability in Saudi Arabia is the cornerstone for prosperity and progress in the Gulf, and China firmly supports Riyadh in its drive for economic diversification and social reform.

China, Xi Jinping, Saudi Arabia, economic and social change, G20 summit, G20 summit Argentina, world news

BRICS slam protectionism as China-US spat overshadows G20 Summit talks

Chinese President Xi Jinping and the leaders of major developing economies condemned protectionism at a G20 summit in Argentina on Friday overshadowed by US President Donald Trump's threat to escalate tariffs on China.

BRICS, G20 summit, Argentina G20 summit, China-US, China-US spat, China tariff, tariffs on China, G20 talks, china, world news
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