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Bloomberg Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest …
Read More »Oil sinks to 17-year low as market drowns in crude
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Saudi tells banks to support businesses to avoid job cuts
Bloomberg Saudi Arabia’s central bank is ordering lenders to provide concessional loans to businesses grappling …
Read More »GMIS 2020 to go virtual
HANNOVER / WAM The Global Manufacturing and Industrialisation Summit (GMIS) – a joint initiative by …
Read More »Australia pledges $80b on wages subsidy to save jobs
Sydney / WAM Australia will spend AU$130 billion ($79.85 billion) to subsidise the wages of …
Read More »US, Russian oil most vulnerable to demand crash
Bloomberg Oil demand is getting hammered at a faster pace than anyone had predicted and …
Read More »Covid-19: Czech energy billionaire tests positive
Bloomberg Daniel Kretinsky, the owner of a $7.8 billion Czech energy conglomerate EPH, said he …
Read More »US futures fluctuate, stocks decline; dollar advances
Bloomberg US equity futures fluctuated and stocks slipped on Monday as investors weighed a weekend …
Read More »Indonesian stocks fall on rising virus cases
Bloomberg Indonesian stocks snapped a two-day winning streak as investors remained wary about rising Covid-19 …
Read More »Morgan Stanley, Goldman win China nod to control ventures
Bloomberg Morgan Stanley and Goldman Sachs Group Inc. were granted approvals to take control of …
Read More »BOK offers $12bn to banks using FX swap line with Fed
Bloomberg The Bank of Korea (BOK) will provide $12 billion to banks in its first …
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