This photo taken on January 11, 2018 shows a woman walking past Marriott signs in Hangzhou in the Chinese province of Zhejiang. – | AFP | Getty Images U.S. hotel operator Marriott International posted a larger-than-expected quarterly loss Monday as the coronavirus pandemic restricted worldwide travel and led to a …
Read More »Aramco’s Saudi demand, Iraq’s exports cut into focus
Sunset oil pumps, industrial oil pumping equipment Pramote Polyamate Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, though uncertainty over a deal to boost the U.S. economy’s economic recovery limited gains. US West Texas Intermediate (WTI) crude …
Read More »Note: Microsoft’s TikTok bid spots Windows maker history with China
SHANGHAI (Reuters) – Microsoft Corp (MSFT.O) has emerged as the most likely buyer of the US operations of TikTok, the popular Chinese short video app that prepares US President Donald Trump for effective bans on national security grounds. PHILO PHOTO: A person walks past a Microsoft logo at the Microsoft …
Read More »Treasury yields increase with stimulus hopes, US-China relations in focus
US debt prices were lower on Monday morning as investors monitored the state of US stimulus talks and the recent decline in relations between Washington and Beijing. At around 2:50 AM ET, the yield on the benchmark 10-year Treasury note was higher at 0.5673% and the yield on the 30-year …
Read More »CanSino to launch Phase III trial of COVID-19 vaccine in Saudi Arabia
FILE PHOTO: Chinese fax manufacturer CanSino Biologics’ sign is pictured at its building in Tianjin, China November 20, 2018. REUTERS / Stringer / File Photo DUBAI (Reuters) – Saudi Arabia will soon begin Phase III clinical trials on about 5,000 people for a COVID-19 vaccine developed by China’s CanSino Biologics …
Read More »