April 13, 2020

Wall Street slides as investors brace for dour earnings

U.S. stock markets slipped in subdued trading on Monday after a strong rally last week, as corporate America launches into what is expected to be a […]
April 13, 2020

Explainer: Big cuts in oil production from OPEC and others

Worldwide oil producers, led by OPEC, are expected to cut production by roughly 20 million barrels per day (bpd), roughly equal to 20% of global daily […]
April 13, 2020

Oil prices up 2% after output cut, but demand worries weigh

Oil prices gained 2% on Monday following a record deal among oil producers to cut the rapid rise in supply, a muted impact on the market […]
April 13, 2020

‘Elbow to elbow:’ North America meat plant workers fall ill, walk off jobs

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 […]
April 13, 2020

Oil prices broadly shrug off output cut as demand worries weigh

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 […]
April 13, 2020

Oil gains on OPEC+ deal, stocks stymied by pandemic worries

Global equities weakened on Monday as investors braced for more indications of economic damage from the coronavirus pandemic while oil prices rose in choppy trade following […]
April 13, 2020

Oil climbs after OPEC+ agree record output cut

Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won’t be enough to […]
April 13, 2020

Oil firmer on OPEC+ deal, equities unable to shake pandemic fears

Global shares fell on Monday as investors braced for more signs of economic damage from the coronavirus pandemic although a landmark deal by OPEC and its […]
April 13, 2020

Kia Motors considers halting three South Korean plants as virus hits exports

Kia Motors Corp told its labour union in South Korea that it wants to suspend operations at three of its domestic factories as the coronavirus outbreak […]
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