Financial News
- U.S. Initial Jobless Claims Showed Another Week Without Progressby Investing.com on March 5, 2021 at 9:24 am
- China sets 'low bar' for GDP growth, pledges more jobsby Reuters on March 5, 2021 at 9:24 am
- Feb. Jobs, Tech Tantrum, Biden Relief: 3 Things to Watchby Investing.com on March 5, 2021 at 9:24 am
- Oil prices climb as OPEC+ extends output cuts into Aprilby Reuters on March 5, 2021 at 9:24 am
- Gold in $1,600 Territory As U.S. Bond Yields, Dollar Spike Againby Investing.com on March 5, 2021 at 9:24 am
- Tech Sell-Off Goes Global; Powell, Jobless Claims, OPEC+ - What's up in Marketsby Investing.com on March 5, 2021 at 9:24 am
- Nasdaq ends sharply lower after Powell commentsby Reuters on March 5, 2021 at 9:24 am
- Nasdaq Turns Negative for Year on Tech Tantrum as Powell Fuels Rate Spikeby Investing.com on March 5, 2021 at 9:24 am
- Powell Says Rate Spike 'Notable,' but Fed to Stick With Status Quoby Investing.com on March 5, 2021 at 9:24 am
- Asian shares come off one-month lows; eyes on U.S. payrollsby Reuters on March 5, 2021 at 9:24 am
- Oil soars to near 14-month high as OPEC+ extends output cuts into Aprilby Reuters on March 5, 2021 at 7:47 am
SINGAPORE/MELBOURNE — Oil prices jumped more than $1 a barrel on Friday, hitting their highest levels in nearly 14 months, after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand amid the coronavirus pandemic. Brent crude futures for May rose to as high as
- Oil Rallies Toward $65 With Saudi Supply Gamble Reverberatingby Bloomberg News on March 5, 2021 at 7:46 am
(Bloomberg) — Oil headed toward $65 a barrel after OPEC+ chose not to relax supply curbs even as the global economy pulls out of its pandemic-driven slump, confounding widespread expectations the group would loosen the taps. The surprise decision spurred a wave of crude price forecast upgrades by major banks. The producer alliance agreed to
- World’s Top Nickel Producer Sets Out End-to-End Battery Ambitionby Bloomberg News on March 5, 2021 at 7:46 am
(Bloomberg) — Follow Bloomberg on LINE messenger for all the business news and analysis you need. Indonesia laid down its plans to have a complete battery production line onshore, with a state-owned holding firm to be set up by June. The country has drafted an “end-to-end development” plan that would see four state firms supplying
- China blue-chip index ends lower after Beijing sets conservative growth targetby Reuters on March 5, 2021 at 7:39 am
SHANGHAI — China’s blue-chip stocks closed slightly lower on Friday, as investors digested the modest annual growth target set in the premier’s annual work report, although tech shares rebounded on a stronger commitment to supporting home-grown technology. ** The blue-chip CSI300 index ended down 0.3% at 5,262.80, while the Shanghai Composite Index was nearly unchanged
- Aggreko Agrees to $3.2 Billion Takeover by TDR, I Squaredby Bloomberg News on March 5, 2021 at 7:33 am
(Bloomberg) — Aggreko Plc, one of the world’s biggest suppliers of portable power generators, accepted a 2.3 billion-pound ($3.2 billion) bid from a private equity consortium. TDR Capital and I Squared Capital agreed to buy the business for 880 pence per share in cash, London-listed Aggreko said in a statement Friday. The price represents a
- Hours-long reading of legislation delays debate on Biden’s $1.9 trillion COVID-19 billby Reuters on March 5, 2021 at 7:30 am
WASHINGTON — The U.S. Senate voted on Thursday to take up President Joe Biden’s $1.9 trillion coronavirus aid bill, but put off the start of a contentious debate until the full text of the 628-page bill was read aloud. The party-line vote of 51-50, with Democratic Vice President Kamala Harris breaking the tie, illustrated that
- Gold slides to 9-month low as Powell’s remarks make yields rallyby Reuters on March 5, 2021 at 7:28 am
Gold declined to a near nine-month low on Friday and was set for a third straight weekly decline, as the dollar and bond yields rose after Federal Reserve Chair Jerome Powell’s remarks that the rise in yields were not “disorderly.” Spot gold was steady at $1,697.60 per ounce by 0712 GMT, having earlier fallen to
- Aluminium producer Hydro agrees $1.65 bln sale of Rolling divisionby Reuters on March 5, 2021 at 7:24 am
OSLO — Norwegian aluminum maker Norsk Hydro has agreed to sell its underperforming Rolling division to private equity firm KPS Capital Partners for 1.38 billion euros ($1.65 billion), Hydro said on Friday. The division, which turns aluminum slabs into metal sheets used for packaging, automobiles and drinks cans among other products, had been under review
- Foreign demand drives up German industrial orders in Januaryby Reuters on March 5, 2021 at 7:23 am
BERLIN — Orders for German-made goods rose by twice as much as expected in January as robust foreign demand more than offset domestic weakness to buoy manufacturers in Europe’s largest economy, official data showed on Friday. The data published by the Federal Statistics Offices showed orders for industrial goods rose on the month by 1.4%
- Asia stocks hit, rupiah around 4-month lows as U.S. bond yields riseby Reuters on March 5, 2021 at 7:22 am
Indonesia’s rupiah was hovering around four-month lows on Friday as rising U.S. bond yields sent the dollar higher and hit appetite for Asia’s emerging currency and stock markets. Stock markets in Asia suffered early falls following overnight comments by Federal Reserve Chairman Jerome Powell, who reiterated the Fed’s policy stance as appropriate, even though he
- Stocks Pare Losses, Bonds Hold Post-Powell Decline: Markets Wrapon March 5, 2021 at 7:09 am
- How many coronavirus cases have there been in your area? Use our tool to find outby Dominic Gilbert on March 5, 2021 at 6:51 am
- Electric car ownership jumps 50pc in a yearby Mike Wright on March 5, 2021 at 5:30 am
- Friday morning UK news briefing: Prince Harry and Meghan 'not informed' of bullying inquiryby Chris Price on March 5, 2021 at 5:00 am
- Who is next on the priority list for Covid vaccines - and how will I be contacted? by Telegraph reporters on March 5, 2021 at 4:03 am
- Schools to reopen on Monday: all you need to know about Covid testing and face mask rulesby Dominic Penna on March 5, 2021 at 4:02 am
- Dow Jones Futures Fall After Fed Chief Powell Triggers Clear Market Break; What You Should Do Nowon March 5, 2021 at 3:43 am
- New Zealand tsunami threat: Thousands flee to high ground as earthquakes trigger small wavesby Verity Bowman on March 5, 2021 at 1:44 am
- How stimulus checks can give you a $14,000 windfall this yearon March 5, 2021 at 1:00 am
- DraftKings Stock: Is It A Buy Right Now After Deal With UFC?on March 5, 2021 at 12:38 am
- Broadcom CEO Says Demand Is ‘Real’ as Chip Orders Flood Inon March 5, 2021 at 12:32 am
- Broadcom Reported Earnings. Here’s What to Know.on March 5, 2021 at 12:20 am
- Super League Gaming: Big eSports Opportunity Awaitson March 5, 2021 at 12:14 am
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