Goldman Sachs says it remains bullish on oil prices in 2021
(Reuters) - Lower crude production due to reduced activity and OPEC+ cuts, coupled with a partial recovery in oil demand, should drive…
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Wall Street slides as Trump warns of new China tariffs
By C Nivedita and Shreyashi Sanyal(Reuters) - Wall Street's main indexes fell on Friday after President Donald Trump threatened to slap…
Gilead to work with partners to ramp up production of potential coronavirus treatment
By Deena Beasley(Reuters) - Gilead Sciences Inc (O:GILD), maker of the closely-watched experimental coronavirus drug remdesivir, on…
Tyson Foods temporarily pauses operations at beef facility in Dakota City
(Reuters) - Tyson Foods Inc (N:TSN) is halting operations at a beef facility in Dakota City, Nebraska until May 4 to complete a deep…
U.S. insurers want taxpayers to back pandemic coverage for businesses
By Suzanne Barlyn(Reuters) - The U.S. insurance industry is promoting the idea of an insurance plan backed by the federal government…
Dollar slips as optimism holds ahead of Fed
By Tom WestbrookSINGAPORE (Reuters) - The dollar was on the back foot on Wednesday as the slowing spread of the coronavirus and moves to…
Futures jump with focus on earnings, easing of lockdowns
By C Nivedita(Reuters) - U.S. stock index futures rose on Tuesday after a round of quarterly earnings reports brought upbeat signs from…
Asia stocks set to rise as Wall Street jumps on lockdown easing hopes
By Chibuike OguhNEW YORK (Reuters) - Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown…
U.S. imposes new restrictions on exports to China
(Reuters) - The United States on Monday posted rule changes that impose new restrictions on exports to China, including aircraft components…
Adidas misses forecasts with 93% profit plunge, warns on sales
BERLIN (Reuters) - Adidas (DE:ADSGn) reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, and warned of a…