Archive for Tag: market news

Oil dips, pares back only some of sharp gains made on U.S. stocks drawdown

Brent Oil was trading 0.13% down at $75.37. Oil prices slipped on Thursday, paring back only some of the large gains made the previous day on the back a larger-than-expected drawdown in crude oil stocks in the United States. Brent oil fell 12 cents, or 0.2%, to $75.34 a...

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Vodafone Share Price

Vodafone and Deutsche Telekom’s all-you-can-watch deals violate EU rules – court

Vodafone is trading down 0.30% at 121.90 All-you-can-watch video products offered by Vodafone (NASDAQ:VOD)and Deutsche Telekom (OTC:DTEGY) in Germany violated regional rules on roaming and net neutrality, the European Union’s highest court ruled on Thursday. The landmark ruling deals a blow to popular mobile products such as Deutsche Telekom’s...

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Brent Crude Oil

Oil edges lower as U.S. pushes OPEC to pump more

Brent Crudewas trading 0.72% down at $71.71. Oil slipped on Tuesday as OPEC and allies geared up for a meeting on Wednesday amid calls from the United States to pump more crude, although Brent still traded well above $70 per barrel. Prices were also under pressure from concerns that...

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McDonald's Shares

McDonald’s, others consider closing indoor seating amid Delta surge in U.S.

McDonald’s Corp (NYSE:MCD)is trading up 0.22% at 237.48 Some U.S. fast-food restaurants are closing indoor seating areas or limiting hours of operation because of the spread of the Delta variant of COVID-19, according to franchisees. McDonald’s Corp (NYSE:MCD)had temporarily closed indoor dining at nearly all U.S. locations in early...

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ING Groep NV

ING reports $2.5 billion pre-tax profit, plans dividends and buybacks

ING Groep NVis trading up 1.07% at 11.28 ING Groep NVon Friday reported a better-than-expected quarterly pre-tax profit of 2.07 billion euros ($2.45 billion) and said it plans to resume paying dividends as it reversed some provisions for bad loans taken amid the coronavirus pandemic. Analysts had forecast a...

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Oil Down, Increasing COVID-19 Cases Continue to Dampen Fuel Demand Outlook

Brent Oil was trading 0.74% down at $72.89 Oil was down Monday morning in Asia but remained little changed even as increasing numbers of COVID-19 cases globally continue to cloud the fuel demand outlook. Brent Oil Futures fell 1.16% to $72.59 by 1:31 AM ET (5:31 AM GMT) after...

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Market Outlook

Gold Down, But Inflation, COVID-19 Concerns Cap Losses

Gold was trading 0.98% down at $1797.10 Gold was down on Monday morning in Asia. However, lower U.S. Treasury yields in addition to concerns over the rising number of COVID-19 cases globally and its impact on the global economic recovery capped losses for the yellow metal. Gold Futures inched...

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market outlook

Gold Up Over Softer Dollar, Investors Await Latest Fed Meeting Minutes

Gold was trading 0.85% up at $1,809.50 Gold was up on Wednesday morning in Asia after hitting a three-week high during the previous session.Gold Futures were up 0.25% to $1,798.60 by 12:41 AM ET (4:41 AM GMT) after climbing to their highest level since Jun. 17 during the previous...

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