Business

DUBAI/MOSCOW (Reuters) – Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its price war with Russia and effectively rejecting Moscow’s overtures for new talks. FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia October 12, 2019. REUTERS/Maxim
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SYDNEY/HONG KONG (Reuters) – Asian stocks bounced, and bond yields rose from record lows on Tuesday on hopes that global policymakers would introduce co-ordinated stimulus to cushion the economic impact of a coronavirus outbreak. A man wearing protective face mask, following an outbreak of the coronavirus disease (COVID-19), stands in front of a stock quotation
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FILE PHOTO: A clean worker wearing a face mask drives past a closed IKEA store, as the country is hit by an outbreak of the new coronavirus, in Beijing, China February 7, 2020. REUTERS/Jason Lee LONDON (Reuters) – IKEA, the world’s biggest furniture brand, is reopening nine of its stores in China this weekend, a
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U.S. President Donald Trump hosts a photo-op with Brazilian President Jair Bolsonaro before attending a working dinner at the Mar-a-Lago resort in Palm Beach, Florida, U.S., March 7, 2020. REUTERS/Tom Brenner PALM BEACH, Fla. (Reuters) – President Donald Trump praised the United States’ relationship with Brazil under Brazilian President Jair Bolsonaro on Saturday, but declined
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ROME (Reuters) – Italy is set to lock down its wealthiest and most populous region, which includes the financial capital Milan, as part of tough new measures expected to be approved on Saturday to try to contain the coronavirus outbreak. People wearing protective masks walk through Florence as Italy battles a coronavirus outbreak, in Florence,
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WASHINGTON/SEATTLE (Reuters) – A U.S. House investigative report into two fatal Lion Air and Ethiopian Airlines crashes on a Boeing 737 MAX faulted the Federal Aviation Administration’s (FAA) approval of the plane and Boeing’s design failures, saying the flights were “doomed.” Boeing Co’s (BA.N) 737 MAX has been grounded worldwide for nearly a year following
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FILE PHOTO: The side of a Boeing 737 Max fuselage is seen parked outside the company’s production facility in Renton, Washington, U.S. January 10, 2020. REUTERS/Lindsey Wasson WASHINGTON/SEATTLE (Reuters) – A U.S. House investigative report into two Boeing 737 MAX crashes that killed 346 people will fault the Federal Aviation Administration’s (FAA) approval of the
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TOKYO (Reuters) – Asian shares and U.S. stock futures tumbled on Friday as disruptions to business from the coronavirus worsened, stoking fears of a prolonged global economic slowdown. FILE PHOTO: Men are reflected on an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Japan, March 25, 2019. REUTERS/Kim Kyung-hoon MSCI’s broadest
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FILE PHOTO: A Gap Inc. retail store is shown in La Jolla, California, U.S., May 17, 2017. REUTERS/Mike Blake (Reuters) – Apparel retailer Gap Inc (GPS.N) on Thursday named long-time executive Sonia Syngal as its new chief executive officer, nearly four months after the surprise exit of its then chief Art Peck. Syngal will take
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FILE PHOTO: An attendee works on a laptop at the annual IHS CERAWeek conference in Houston, Texas March 4, 2014. REUTERS/Rick Wilking/File Photo HOUSTON (Reuters) – Coronavirus concerns prompted organizers on Sunday to cancel the CERAWeek energy conference that annually brings together oil ministers and senior executives from the energy and financial industries, the latest
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