Darden Restaurants, Inc. (NYSE:DRI) shareholders should be happy to see the share price up 23% in the last week. But… …read more […]
Oil prices fluctuated on Monday as the positive impact of major producers agreeing record global output cuts was offset by concerns they will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand.
Norway, Western Europe’s largest oil producer, will announce its decision on whether to slash crude output soon, potentially adding its weight to a global push to shore up prices, the energy minister said on Monday.
Big U.S. banks made a pretty penny in trading during the first quarter as the coronavirus pandemic caused wild market swings, analysts said, but those gains will likely be overshadowed by declines in other businesses and a bleak outlook for the rest of the year.
Get ready for an insane earnings season on Wall Street. …read more […]
Celebrations may be in order for Nautilus, Inc. (NYSE:NLS) shareholders, with the analysts delivering a significant… …read more […]
At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 cents a day to buy masks to protect themselves from the new coronavirus, according to a meat inspector.
In a recent interview with the South China Morning Post, the founder of Chinese telecoms giant Huawei said he was inspired by the political system and business governance he saw in the United States when he started the company. Ren Zhengfei also spoke about how the world’s largest telecommunications equipment supplier, and China’s biggest smartphone maker, is dealing with US sanctions.
23 countries reach a historic deal to cut oil output, airlines find aid terms hard to swallow and millions of Christians celebrate Easter in isolation. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Chung Sung-Jun/Getty Image …read more […]
Russia’s average oil production was down to 11.24 million barrels per day (bpd) on April 1-12, an oil industry source told Reuters on Monday.
U.S. stock index futures declined more than 1% on Monday after a strong rally last week, with investors bracing for the earnings season for further evidence of the coronavirus-led damage to Corporate America.
Benchmark Brent oil prices turned negative on Monday, erasing gains made after major producers agreed record global output cuts, pressured by concerns that the cuts will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand.
Top news and what to watch in the markets on Monday, April 13, 2020. …read more […]
The Kremlin said on Monday that the global oil output deal clinched by OPEC and non-OPEC countries had helped stop oil markets sliding into chaos and would help support a more or less stable oil price dynamic.
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