Sterling rises on Brexit, vaccine hopes; ignores record redundancies
The British pound got a boost from renewed Brexit hopes and investor risk sentiment on Tuesday, ignoring the fact that British employers made a record number of staff redundant...
BP, Orsted launch green hydrogen project at German oil refinery
BP BP.L and Danish renewable energy group Orsted ORSTED.CO have partnered to develop zero-carbon hydrogen at a German oil refinery, BP's first full-scale project in a sector that is expected to grow rapidly.
Bitcoin’s Weekly Close Above 2019 High Leaves Runway Clear to $20K
Bitcoin (BTC) made a weekly close above 2019’s peak price, toppling the final technical barrier on the road to a potential new all-time high.
The top...
Russian energy minister made deputy PM in cabinet reshuffle
Russian Prime Minister Mikhail Mishustin recommended the promotion of Energy Minister Alexander Novak to the post of deputy prime minister on Monday as part of a second overhaul of...
Wall Street set to jump after Biden election win
U.S. stock index futures pointed to a sharply higher open on Monday after President-elect Joe Biden was declared the winner in a highly contentious election.
Biden’s...
Oil falls as virus cases rise, U.S. vote count continues
Oil fell below $40 a barrel on Friday as new lockdowns in Europe to halt surging COVID-19 infections sparked concern about the outlook for demand, while markets remained on...
Canada adds 83,600 jobs in October, less than expected, as shutdowns bite
Canada added a lower-than-expected 83,600 jobs in October as coronavirus-related shutdowns started to bite, and the unemployment rate dipped to 8.9%, Statistics Canada data indicated on Friday.
Oil drops as U.S. election uncertainty dominates markets
Oil prices fell on Thursday as Democrat Joe Biden edged closer to the White House in a nail-biting U.S. presidential election, though doubts remain over further huge stimulus to...
Indonesia suffers first recession in over 20 years, finmin says ‘worst is over’
Indonesia suffered its first recession in over two decades as the COVID-19 pandemic hit consumption and business activity in Southeast Asia’s largest economy, costing millions of jobs, the statistics...
Hong Kong’s Securities Watchdog May Soon Regulate All Crypto Trading Platforms
Hong Kong’s government is seeking to change the rules for cryptocurrency trading firms operating or offering services within the city jurisdiction.
A new consultation paper detailed...
