Oil and euro slide, markets are on edge due to COVID-19 restrictions in Europe

Oil and euro slide markets are on edge due to

Brent futures fall to seven-week lows AUD nursing losses; EUR held below $ 1.13 China keeps the LPR stable, as expected SYDNEY, Nov 22 (Reuters) – Asian stocks got off to a soft start to the week on Monday, while oil and the euro were under pressure as the return of COVID-19 restrictions in Europe … Read more

Japan works to release oil reserves at US request: sources

Japan works to release oil reserves at US request sources

A branch of Cosmo Energy Holdings’ Cosmo Oil gas station is seen in Tokyo, Japan, on December 17, 2015. Picture taken on December 17, 2015. REUTERS / Yuya Shino / File photo Sign up now for FREE unlimited access to reuters.com Check in TOKYO, Nov. 22 (Reuters) – Japanese officials are working on ways to … Read more

China fines tech giants for failing to report 43 old deals

China fines tech giants for failing to report 43 old

BEIJING, Nov 20 (Reuters) – China’s market regulator said on Saturday it was fining companies such as Alibaba, Baidu and JD.com for failing to declare 43 deals dating from 2012 to authorities, saying they violated antitrust laws. . The companies involved in the cases would be fined 500,000 yuan ($ 78,000) each, he said, the … Read more

Are car shows dead after a pandemic? LA shows some life

Are car shows dead after a pandemic LA shows some

LOS ANGELES, Nov. 18 (Reuters) – What a difference two years make. The 2019 Los Angeles Auto Show featured a vehicle debut parade, a series of press conferences and other events in the first two days, along with hundreds of thousands of people eager to see new cars. Fast forward to 2021. The Los Angeles … Read more

Europe’s lockdown shakes Wall Street, boosts safe havens

Europes lockdown shakes Wall Street boosts safe havens

Oil prices fall 3% Lockdown fears in Europe send bank stocks down Nasdaq, a rare bright spot on Wall Street Chart: Overall Return on Assets Chart: world exchange rates LONDON / WASHINGTON, Nov. 19 (Reuters) – The resurgence of COVID-19 concerns in the face of impending European shutdowns weighed on a variety of sectors on … Read more

Biden Says US Is Considering Diplomatically Boycotting Beijing Olympics

Biden Says US Is Considering Diplomatically Boycotting Beijing Olympics

WASHINGTON, Nov 18 (Reuters) – The United States is considering a diplomatic boycott of the Beijing Olympics, President Joe Biden confirmed on Thursday, a move that would aim to protest against China’s human rights record, including what Washington says it is genocide against Muslim minorities. . “Something we’re considering,” Biden said when asked if a … Read more

Market in China’s Wuhan probable origin of the COVID-19 outbreak: study

Market in Chinas Wuhan probable origin of the COVID 19 outbreak

SINGAPORE, Nov 19 (Reuters) – The first known case of COVID-19 was a market vendor in the Chinese city of Wuhan, not an accountant who appeared to have no link to the market, but whose case contributed to speculation that the virus could have leaked. a laboratory, according to a US study. The origin of … Read more

US Discusses Joint Release of Reserves with China, Others Point to OPEC

US Discusses Joint Release of Reserves with China Others Point

Oil prices remain stable near 6-week lows United States Discusses Joint Release of Reserves with Others -White House China says it intends to release some reserves Japan and South Korea say they cannot take advantage of reserves to lower prices WASHINGTON / BEIJING, Nov. 19 (Reuters) – Governments of some of the world’s largest economies … Read more

In Los Angeles, Tesla’s rivals launch bigger, cheaper electric SUVs

In Los Angeles Teslas rivals launch bigger cheaper electric SUVs

LOS ANGELES, Nov 18 (Reuters) – Automakers chasing electric vehicle leader Tesla Inc (TSLA.O) unveiled new, more affordable and larger electric sport utility vehicles at the Los Angeles Auto Show, in one of the fastest growing segments of the US market. Kia Motors (000270.KS) called Tesla by name at the show, announcing that its upcoming … Read more

Asian stocks slide as Alibaba crash rekindles China’s concerns

Asian stocks slide as Alibaba crash rekindles Chinas concerns

A man wearing a mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, in the Pudong financial district in Shanghai, China, on February 28, 2020 REUTERS / Aly Song Sign up now for FREE unlimited access to reuters.com Check in HONG KONG, Nov 19 (Reuters) … Read more

x