June 2, 2020

Global shares cruise to three-month highs, dollar shows the strain

World stocks climbed towards three-month highs on Tuesday as the global coronavirus recovery effort won out over U.S.-China tensions and the worst civil unrest in the […]
June 2, 2020

Qatar Petroleum’s $19 billion LNG vessel order boon for South Korean shipbuilders

South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order from Qatar Petroleum (QP) for liquefied natural […]
June 2, 2020

China auto sales growth seen for second straight month, boosting recovery hopes

China’s vehicle sales are estimated to rise 11.7% on year in May, its top auto industry body said on Tuesday, cementing hopes of a recovery in […]
June 2, 2020

Australia’s Woolworths to reward over 100,000 staff with shares for virus efforts

Australia’s biggest supermarket chain Woolworths Group said on Tuesday it will reward more than 100,000 of its staff with free company shares for their efforts during […]
June 2, 2020

Plunging cost of wind and solar marks turning point in energy transition: IRENA

Plunging costs of renewables mark a turning point in a global transition to low-carbon energy, with new solar or wind farms increasingly cheaper to build than […]
June 2, 2020

Natgas flows to U.S. LNG export plants sink to 9-month low due to coronavirus

The amount of natural gas flowing on pipelines to U.S. liquefied natural gas export plants is at its lowest levels since August, a signal of weak […]
June 2, 2020

Oil prices rise ahead of OPEC+ meeting on extended output cuts

Oil prices rose on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a […]
June 2, 2020

Volkswagen closes $2.6 billion investment in self-driving startup Argo AI

German automaker Volkswagen AG has closed its $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup disclosed in a blog post on Tuesday. Powered by […]
June 2, 2020

Asia stocks make cautious gains as China worries slow recovery rally

Asian stocks eked out gains on Tuesday as investors’ focus on the prospects of a global coronavirus recovery won out over familiar worries about Sino-U.S. relations […]
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