Saudi Arabia shocked investors on Tuesday with a decision to slice crude output in February and March as part of an OPEC+ supply agreement. The optimism around tightening global supply permeated ... ( read original story ...)
Oil stocks soar after Saudi Arabia announces surprise production cut of 1 million barrels per day
The OPEC+ meeting opened on Monday with Russia proposing a production hike of 500,000 barrels per day, but that measure was opposed by most members. ( read original story ...)
Oil stocks soar after Saudi Arabia announces surprise production cut of 1 million barrels per day
The OPEC+ meeting opened on Monday with Russia proposing a production hike of 500,000 barrels per day, but that measure was opposed by most members. ( read original story ...)
India’s growth bucks global trend: Finance Ministry review
While the global economic recovery has been hit by second waves of infections and more stringent lockdowns in several countries, India’s economy is ‘riding against the COVID-19 wave’ with persistent ... ( read original story ...)
Macao casino revenue sinks 79% as mainlanders stay away
Macao started allowing visitors from the mainland in September once the outbreak was brought under control. Gambling facilities have seen business improve, with revenue down 66% for December. ( read original story ...)
China Sentences Ex-Finance Chief to Death on Corruption Charge
China condemned the former chairman of China Huarong Asset Management Co. to death on charges of malfeasance, one of the most severe sentences to stem from President Xi Jinping’s anti-corruption drive ... ( read original story ...)
Taiwan’s CHT contender for partnership with NT
Taiwan-based telecom giant Chunghwa Telecom (CHT) could become a business partner with the imminent National Telecom (NT) for 5G services, says a source at CAT Telecom who requested anonymity. ( read original story ...)
Asian trio of Taiwan, Vietnam and Singapore keep COVID near zero
As the world struggles with surging COVID-19 cases, Taiwan, along with Vietnam and Singapore, has succeeded in limiting local transmission to almost zero. The Asian trio offers rare success stories in ... ( read original story ...)
Georgia Senate runoff to determine outlook for Biden business agenda
Republicans David Perdue and Kelly Loeffler, both incumbents, have presented themselves as a firewall against socialism. ( read original story ...)
New county funding available to Jordan businesses
Jordan business owners affected by the Nov. 20 shutdowns can apply to receive funding from a relief fund recently awarded by the state to Scott County. ( read original story ...)