Strong earthquake strikes Aegean Sea, shaking Turkey, Greece
ISTANBUL (Reuters) – A strong earthquake of magnitude of up 7.0 struck the Aegean Sea on Friday and was felt in both Turkey and Greece, […]
World stocks take fresh dip as COVID infection rate weighs
LONDON (Reuters) – World stocks fell further and oil headed for a double-digit weekly slide on Friday as jitters over a rising global COVID-19 infection […]
Exxon posts third straight loss as pandemic hits demand, prices
(Reuters) – Exxon Mobil Corp XOM.N posted its third straight quarterly loss on Friday and detailed deeper spending cuts to come, as the oil major […]
U.S. consumer spending beats expectations in September
FILE PHOTO: A young Ultra-Orthodox Jewish girl shops in a toy store, during the outbreak of coronavirus disease (COVID-19) in the Borough Park section of […]
Organised 'overkill': China shows off rapid lockdown system after latest outbreak
BEIJING (Reuters) – Days after a 17-year-old girl tested positive for COVID-19 in a remote part of western China last week, health authorities said they […]
'Eat out to help out' offer contributed to UK second COVID wave: study
LONDON (Reuters) – The British government’s “Eat out to help out” discount scheme to boost spending at restaurants, cafes and pubs over the summer helped […]
Chevron posts profit on deep cost cuts, improved oil prices
HOUSTON (Reuters) – Chevron Corp CVX.N on Friday reported an adjusted third-quarter profit as oil prices recovered from spring lows and spending cuts benefited operating […]
French Growth Surges in False Dawn for Recovery: Economy Update
In this article The French economy grew by a record in the third quarter, a rebound that’s now being derailed by the resurgence of the […]
Coronavirus, consolidation taking toll on energy jobs
HOUSTON (Reuters) – Oil and gas companies worldwide are taking an axe to their employment rolls, shedding workers to survive what is expected to be […]
Asian shares falter again, poised for first weekly loss since late-Sept
SYDNEY (Reuters) – A gauge of Asian shares fell for a third straight session on Friday as jitters over upcoming U.S. presidential elections and fears […]
Delta Air Lines, pilot union reach preliminary deal to avoid furloughs
FILE PHOTO: Delta Air Lines planes are parked at their gates at Hartsfield Jackson International Airport in Atlanta, Georgia, U.S., October 27, 2020. REUTERS/Brian Snyder(Reuters) […]
Taiwanese indigenous drag queens fight stigma one wig at a time
TAIPEI (Reuters) – At a rowdy gay bar in Taipei, 28-year old Vilian ends a Friday night drag show by putting on a traditional tribal […]
Appeals court upends Minnesota plan to extend deadline for tallying ballots
(Reuters) – A federal appeals court on Thursday said Minnesota’s plan to count absentee ballots received after Election Day was illegal, siding with Republicans in […]
Dollar firms, euro hurt after ECB signals further easing
TOKYO (Reuters) – The dollar firmed on Friday and the euro wallowed near a four-week low against the greenback after the European Central Bank signalled […]
Analysis: Creeping funding costs skew China Evergrande's deleverage drive
HONG KONG/BEIJING (Reuters) – China Evergrande Group 3333.HK has taken to seeking loans at above-average interest rates in the shadow banking market, where caution even […]
Walmart removes firearms, ammunition from U.S. stores as social unrest flares
FILE PHOTO: The logo of a Walmart Superstore is seen during the outbreak of the coronavirus disease (COVID-19), in Rosemead, California, U.S., June 11, 2020. […]
Big Tech stocks surge ahead of earnings tsunami
(Reuters) – Apple AAPL.O, Facebook FB.O, Amazon AMZN.O and Alphabet GOOGL.O rallied on Thursday ahead of earnings reports from the group of technology heavyweights that […]
Google plans to launch VPN service for consumers
FILE PHOTO: A Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake(Reuters) – Alphabet […]
COVID-driven home dining boom boosts U.S. food giants again
FILE PHOTO: Heinz tomato ketchup is show on display during a preview of a new Walmart Super Center prior to its opening in Compton, California, […]
ECB eyes more bond buys, cheap loans in December as pandemic hits
FRANKFURT (Reuters) – The European Central Bank committed on Thursday to take new action in December to contain the growing fallout from a second wave […]
U.S. economy posts record growth in third-quarter; COVID-19 scarring to last
WASHINGTON (Reuters) – The U.S. economy grew at a historic pace in the third quarter as the government injected more than $3 trillion worth of […]
European countries announce sweeping new Covid-19 restrictions
London (CNN Business)The European Central Bank has signaled that it could provide even more stimulus this year, warning on Thursday of clear risks as the […]
U.S. Pending Home Sales Retreat for First Time in Five Months
A gauge of U.S. pending home sales unexpectedly declined in September for the first time in five months, a sign elevated asking prices and lean […]
Sterling clings to gains against the euro before ECB meeting
LONDON (Reuters) – Sterling rose to a seven-week high against the euro on Thursday, before a European Central Bank meeting that is expected to hold […]