Archive for Tag: market news

Germany stocks

Germany stocks lower at close of trade; DAX down 0.35%

Germany stocks were lower after the close on Wednesday, as losses in the Retail, Financial Servicesand Mediasectors led shares lower. At the close in Frankfurt, the DAXfell 0.35%, while the MDAXindex fell 0.75%, and the Tec DAXindex declined 1.11%. The best performers of the session on the DAXwere Heidelbergcement...

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Brent Crude

Oil drops amid rising stockpiles and COVID-19 demand concerns

Brent Crude was trading 1.18% down at $68.06. Oil prices dropped on Tuesday, extending declines to three consecutive days, as rising stockpiles in the United States added to the risks to a demand recovery after countries including Germany and France halted COVID-19 vaccinations. Brent Crudewas down 69 cents, or...

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Malala partners with Apple to produce dramas, comedies, documentaries

APPLE was trading 2.92 down at $117.89. Nobel Peace Prize winner Malala Yousafzai is expanding her partnership with Apple Inc to produce dramas, children’s series, animation and documentaries that will air on the tech giant’s streaming service, the two said on Monday. Malala, 23, and her new production company...

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brent crude futures

Oil hits almost 14-month high after OPEC+ extends output cuts

WTI CRUDE was trading 2.48 up at $65.41. Oil prices jumped more than 2% on Friday, hitting their highest 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. Brent crude futures were up $1.52,...

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Crude Oil Market News

Oil optimism unwinding market’s mad dash for storage

Brent was trading 0.06 up at $63.73. When the world economy slammed on the brakes last year, there was a rush to store a wave of unwanted crude and products, but rising prices and optimism about demand is spurring a swift unwinding of storage contracts. At the end of...

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Oil Down, U.S. Crude Oil Supplies Sees Small Build and Stokes Fuel Demand Worries

Oil was down on Thursday morning in Asia, with investors digesting a small but surprising build in U.S. crude oil supplies that re-ignited fuel demand worries. Brent Oil Futures were down 0.37% to $55.87 by 10:02 PM ET (3:02 AM GMT) and WTI Futuresfell 0.34% to $53.13. The black...

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TOP 5 STOCKS TO WATCHOUT (19-01-2021):-

1.PARLER- Parler, a social media website and app popular with the American far right, has partially returned online with the help of a Russian-owned technology company. Parler vanished from the internet when dropped by Amazon Inc’s hosting arm and other partners for poor moderation after its users called for...

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Verizon Settles Price Dispute with Hearst Television

Verizon Communications has settled its contract dispute with multimedia company Hearst Television, Reuters reported citing a statement by the company’s representative. Notably, Verizon (VZ) had earlier warned its Fios customers that the Hearst channels might go dark from Jan. 1, due to “the unreasonably high rates” demanded by the...

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