Iran is providing Venezuela with 1.53 million barrels of gasoline and components in a move criticized by U.S. authorities as both nations are under Washington’s sanctions, according to the governments, sources and calculations by TankerTrackers.com.Tanker Fortune was .. Read the news
Spot gold was down 0.5% at $1,726.18 per ounce by 0512 GMT. U.S. gold futures were fell 0.5% to $1,726.60.“I think the play into stocks and other risk assets has probably supported the risk appetite, and diminished the appeal for gold in the short term,” said IG Mar.. Read the news
The ugly trade numbers come as policymakers seek to balance virus containment measures against the need to revive battered parts of the economy, with the risk of a second wave of infections only complicating this challenge.The central bank will hold an emergency meeting.. Read the news
The departure of Ma, who retired as Alibaba’s executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy.SoftBank will propose three new appointments to the board, including group Chief Financial Officer Yoshimoto Goto,.. Read the news
At least 11 people were killed in India in a gas leak at a South Korean-owned factory making polystyrene products that made hundreds of people sick and led to the evacuation of villagers living nearby, officials said.The accident occurred some 14 km (9 miles) inland fro.. Read the news
The profit margin, known as the crack spread, for benchmark gasoil with 10 parts per million of sulphur in Singapore, fell to $1.77 a barrel over Dubai crude on Tuesday, the lowest on record in Refinitiv Eikon data that goes back to January 2014. The margin has dropped .. Read the news
The step, which follows monetary easing only a month ago, puts the BOJ in line with other major central banks that have unleashed unprecedented amounts of monetary support as the health crisis stokes fears of a deep global recession.BOJ Governor Haruhiko Kuroda said the.. Read the news
Asian share markets were on the defensive on Wednesday as the floor fell out from under crude prices, sparking worries about further turmoil in the energy sector, already reeling from the heavy blow from global shutdowns.The dizzying dive in oil has turned investors awa.. Read the news
This tentative unlocking highlights the balancing act for developing nations as they seek to protect their people while averting an economic collapse some fear could do more damage than the disease itself.While academic study of COVID-19 containment policies is in its i.. Read the news
Asian stocks were mixed on Wednesday after two sessions of sharp gains as investors tempered their optimism about the coronavirus while death tolls were still mounting across the globe.While the number of COVID-19 hospitalisations seemed to be levelling off in New York .. Read the news
Smarter Decisions with Smart News
Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.
media@smartmarketnews.com | sales@smartmarketnews.com
Contact Us
