Wednesday , 17 December 2025

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‘Oil price crash affects green transition’

Bloomberg The pain felt by Big Oil from the coronavirus-led plunge in demand may derail global efforts to cut pollution, the International Energy Agency (IEA) said. The slowdown and falling prices “undermines the ability of the oil industry to develop some of the technologies needed for clean energy transitions around the world,” said the Paris-based agency. The industry has repeatedly …

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Europe stocks slip with US futures; dollar advances

Bloomberg Stocks in Europe edged lower while American equity-index futures retreated as investors scoured corporate earnings to gauge the impact of the coronavirus outbreak. The dollar ticked higher and Treasuries rose. The Stoxx Europe 600 index declined for the first time in five trading days. ASML Holding NV, a crucial supplier to Samsung Electronics Co., reported a 40% drop in …

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India stocks flirt with bull territory ahead of earnings reports

Bloomberg India stocks rose, with the benchmark gauge set to close in bull territory, ahead of earnings reports that may give some insight into the outlook for companies under lockdown in the world’s second-most populous country. The S&P BSE Sensex advanced 2.5% to 31,450.11 as of 10:06 am in Mumbai, while the NSE Nifty 50 Index climbed by the same …

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