Oil drops on US inventories and doubts over output cuts

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Oil drops on US inventories and doubts over output cuts

LONDON (Reuters) – Oil prices dropped on Thursday on doubts over the ability of crude producers to agree to extend record output cuts, heightened by worries over a build in U.S. fuel inventories. Brent crude LCOc1 futures eased by 29 cents to $39.50 a …
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UPDATE 7-Pompeo calls Nasdaq's strict rules a model to guard against fraudulent Chinese companies

(Updates headline). By Humeyra Pamuk. WASHINGTON, June 4 (Reuters) – U.S. Secretary of State Mike Pompeo on Thursday warned American investors against fraudulent accounting practices at China-based companies and said the Nasdaq’s recent …
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Japan's household spending falls at record pace as virus stalls economy

TOKYO (Reuters) – Japan’s household spending fell at the fastest pace on record in April as the coronavirus shut down travel and dining-out in the world’s third-largest economy, and prospects of higher jobs losses chilled consumer sentiment. FILE PHOTO: A …
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SGX Nifty down 25 points; here's what changed for market while you were sleeping

Amid lack of direction global cues, Nifty looks set to consolidate around te 10,000 level, with stock-specific actions likely in blue chips such as Reliance, SBI, Larsen & Toubro and Bharti Airtel. Here’s breaking down the pre-market actions. STATE OF THE …
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Staffing CEO Sees Troubling Signs In Shock Job Gains (Podcast)

Matt Boesler, Bloomberg Fed reporter, and Dave Wilson, Bloomberg stocks editor, dig through the numbers on the May payrolls report, which shocked
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