UK energy major BP has warned of a peak in oil demand within the next few years, signalling that the coronavirus pandemic is ushering in an earlier than anticipated decline for the fossil fuel era. The company, in its annual energy outlook published on …
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WASHINGTON, D.C., USA — The CEO of Pfizer said the drug-making company is in a “very advanced stage” of its COVID-19 vaccine trial and believes they should know by the end of October whether their vaccine is safe and effective. But the nation’s top …
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Skadden, Arps, Slate, Meagher & Flom, one of the highest-grossing and most profitable law firms in the United States, confirmed Thursday that it is laying off roughly 4% of its U.S.-based professional staff. “We can confirm that we have laid off just under 4% of …
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The Federal Reserve has adequately and appropriately telegraphed its intentions to keep interest rates low for a long time to support the U.S. economy through the coronavirus pandemic-induced downturn, making any more explicit interest-rate guidance less …
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Stocks are in for a bumpy ride over the next few months, but are headed higher over the long term, according to Bank of America. Continue Reading Below. Potential policy missteps in Washington, a possible resurgence of COVID-19 and uncertainty …
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