Oil prices slip as COVID-19 case surge dents fuel demand hopes
By Sonali PaulMELBOURNE (Reuters) - Oil prices dipped on Thursday as a surge of coronavirus infections around the globe raised fears a…
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Oil rises after surprise drop in U.S. inventories offsets demand concerns
TOKYO (Reuters) - Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States decreased against…
King dollar’s decline ripples across the globe
By Saqib Iqbal Ahmed and Ira Iosebashvili(Reuters) - An accelerating decline in the U.S. dollar is reverberating around the world,…
German business morale brightens further in July: Ifo
BERLIN (Reuters) - German business morale improved further in July after posting a record increase in June, a survey showed on Monday,…
Oil slips as rising coronavirus cases, U.S.-China tensions weigh on markets
By Florence TanSINGAPORE (Reuters) - Oil prices edged down on Monday as rising coronavirus cases and tensions between the United States…
U.S. new home sales shine in June; business activity picks up
By Lucia MutikaniWASHINGTON (Reuters) - Sales of new U.S. single-family homes rose to a near 13-year high in June as the housing market…
Yen up and dollar clinging on as China’s Houston response awaited
By Tom WestbrookSINGAPORE (Reuters) - The safe-haven yen advanced to a one-month high on Friday as deteriorating Sino-U.S. relations…
U.S. weekly jobless claims rise; labor market recovery stalling
By Lucia MutikaniWASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose last week for the first time in…
Bounceback in U.S. shale oil output is unlikely to last the summer
By Jennifer Hiller and Devika Krishna KumarHOUSTON/NEW YORK (Reuters) - A reopening of some major economies locked down due to the…
Russia’s economy contracted 4.2% in first half 2020: Ifax cites economy minister
MOSCOW (Reuters) - Russia's gross domestic product (GDP) declined 4.2% in the first half of 2020, Economy Minister Maxim (NASDAQ:MXIM)…