LONDON (Reuters) – European stocks rebounded on Tuesday after a weak start, spreading optimism for the Asian session, and oil prices stabilized as investors looked for signs of an economic recovery in the second half of 2020. FILE PHOTO: The DAX chart of the German Stock Price Index is shown …
Read More »BP sells petchems arm for $ 5 billion in energy transition renovation
LONDON (Reuters) – BP (BP.L) agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $ 5 billion, leaving a sector widely seen as a key driver of growth in oil demand in the coming decades. FILE PHOTO: A BP logo at a service station in London, …
Read More »Asia sources as China’s PMI, US data encourages markets concerned about coronavirus surge
TOKYO / NEW YORK (Reuters) – Asian stocks rose on Tuesday after data showed China’s manufacturing sector grew more than expected in June, a sign of hope for a global economy still struggling to recover from the impact of the coronavirus crisis. FILE PHOTO: A man in a protective mask …
Read More »Norwegian Air cancels 97 Boeing MAX and Dreamliners, claims compensation
FILE PHOTO: Norwegian Air Sweden Boeing 737-800 SE-RRY plane lands at Riga International Airport in Riga, Latvia, January 17, 2020. REUTERS / Ints Kalnins OSLO (Reuters) – Norwegian Air (NWC.OL) has canceled orders for 97 Boeing (PROHIBITION) and will seek compensation from the US aircraft manufacturer for the grounding of …
Read More »Russia denies nuclear incident after international body finds isotopes
MOSCOW / STOCKHOLM (Reuters) – Russia said on Monday it had detected no signs of a radiation emergency, after an international body reported last week that sensors in Stockholm had detected unusually high levels of radioactive isotopes produced by nuclear fission. . FILE PHOTO: Kremlin spokesman Dmitry Peskov visits Dream …
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