OPEC, allies agree to oil production cuts: Report
OPEC will remove 340,000 barrels a day while non-OPEC producers will cut production by 160,000 barrels, the report said. …read more […]
OPEC will remove 340,000 barrels a day while non-OPEC producers will cut production by 160,000 barrels, the report said. …read more […]
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin
Unfortunately for some shareholders, the NetSol Technologies (NASDAQ:NTWK) share price has dived 30% in the last… …read more […]
UCB SA said on Friday its experimental plaque psoriasis drug produced better results compared to AbbVie Inc’s blockbuster drug, Humira, in reducing the severity of the disease. UCB’s drug, bimekizumab, also met the main goal of clearing or almost clearing the skin of plaques or rashes in a late-stage study, as assessed by an investigator, according to the Belgium-based company. AbbVie’s Humira is the world’s top selling drug and treats rheumatoid arthritis and psoriasis. …read more […]
U.S. stock index futures edged higher on Friday as comments from President Donald Trump that trade talks with China were “moving right along” helped set a calmer tone ahead of the Labor Department’s much anticipated monthly jobs report.
Q1 2020 Comtech Telecommunications Corp Earnings Call …read more […]
OPEC and allied oil producers, the so-called OPEC+, have agreed to deepen their output cuts by 500,000 barrels per day, sources said on Friday.
U.S. Democratic presidential contender Bernie Sanders launched a plan on Friday to provide high-speed broadband for every U.S. household at a cost of $150 billion, pledging to use antitrust powers to take on internet, telecom and cable companies. Sanders, a leading candidate in the crowded field seeking the Democratic nomination to take on Republican President Donald Trump in the November 2020 election, said the funding would go toward infrastructure grants and technical assistance to local governments to build out publicly owned networks. …read more […]
(Bloomberg) — OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia, which has long carried an outsized share of the burden.The group, which pumps more than half the world’s oil, agreed in Vienna on Friday to reduce its output target by 500,000 barrels a day, said a delegate, bringing it in line with recent production levels. Saudi Energy Minister Prince Abdulaziz bin Salman gave a clear signal before the meeting that his priority was to get some members to stop cheating and implement the cuts they have promised.“Like religion, if you …read more […]
H&M , the world’s second-biggest fashion group, said on Friday its brand COS had teamed up with Chinese subscription rental platform YCloset to try renting out clothes in the country as environmentally conscious consumers rein in purchases.
China’s Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker’s planned merger with Fiat Chrysler .
Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker’s push into the world’s biggest auto market.
Jurors were expected to begin deliberating in Los Angeles on Friday in the lawsuit brought against Elon Musk by a British cave explorer who says the Tesla founder defamed him with tweets suggesting he is a pedophile.
Premier League soccer club Manchester United have agreed a partnership deal with Alibaba which will see the Chinese e-commerce giant provide club content on its online video company Youku.com and develop a future store on the company’s business-to-consumer platform Tmall.com. The deal is the latest move by United to engage with the Chinese market following the launch of a Chinese language app and plans for “experience centres” across the country. “We are always looking for new ways to engage with fans there and this partnership with Alibaba enables them to connect with the club directly through one of …read more […]
Top news and what to watch in the markets on Friday, December 6, 2019. …read more […]
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