Archive for Tag: market outlook

Oil falls more than 3% as European coronavirus curbs point to demand hit

Brent Crude was trading 3.74% down at $62.25. Oil prices fell more than 3% on Tuesday, hit by concerns that new pandemic curbs and slow vaccine rollouts in Europe will hold back a recovery in demand, while a stronger dollar also weighed. Brent Crude futures dropped by $2.20, or...

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EQUITY

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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Amazon

Biden urges workers to ‘make your voice heard’ as Amazon employees vote on union

AMAZON was trading 1.17 up at $3092.93. President Joe Biden defended workers’ rights to form unions and warned against intimidation of workers in a video posted on Twitter on Sunday night, as Amazon.com Inc employees in Alabama vote on whether to unionize. Biden didn’t mention Amazon, but specifically referenced...

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Gold Down, But Boosted By Weaker Dollar, Further U.S. Stimulus Bets

Gold was down on Friday morning in Asia, easing as U.S. Treasury yields gained but also aided by a weaker dollar and further U.S. stimulus bets. Gold Futuresedged down 0.17% at $1,862.65 by 11:35 PM ET (4:35 AM GMT). The dollarinched down on Friday. Benchmark treasury yields remained higher...

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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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Oil near 11-month highs on Saudi output cut pledge, equities rally

Oil prices held near 11-month highs on Friday and were on track for a strong weekly gain as Saudi Arabia’s pledge to cut output continued to buoy market sentiment. Brent Crude climbed 13 cents, or 0.2%, to $54.51 a barrel by 0531 GMT. It touched $54.90 on Thursday, the...

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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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