Oil prices rise 2% on optimism around OPEC+ output pact
Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal,...
Oscars delayed to April due to movie industry coronavirus chaos
The 2021 Oscars ceremony was moved to April from February on Monday due to the havoc caused in the movie industry by the coronavirus pandemic....
Stocks rebound on Fed debt program, oil recovers
A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of buying corporate debt, while crude oil rebounded too on...
UAE citizens, residents are allowed to travel as of June 23: WAM
The United Arab Emirates announced on Monday that citizens and residents are allowed to travel to specific destinations as of June 23, state news agency...
U.S. Supreme Court turns away 10 gun rights cases
The U.S. Supreme Court on Monday declined to take up a series of cases seeking to expand gun rights, showing that even with its conservative...
NYSE to reopen trading floor to some market makers on Wednesday
The New York Stock Exchange will allow a limited number of market makers to return to its trading floor on Wednesday, a spokesperson said, nearly...
Exclusive: U.S. companies can work with Huawei on 5G standards – Commerce Department
The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China’s Huawei [HWT.UL] to...
House member Rice, family members test positive for COVID-19
U.S. Representative Tom Rice, a Republican member of the U.S. House of Representatives, said on Monday he, his wife and his son had all contracted...
Tesla negotiating incentives for possible Texas vehicle assembly plant, report says
Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin,...
IAG’s Walsh rejects lawmakers’ criticism over British Airways plan
British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline’s owner IAG said on Monday, in...