[ad_1] DUBAI/MEXICO CITY (Reuters) – Russia supports a recommendation to deepen OPEC+ global oil supply curbs to compensate for a drop in demand caused by the coronavirus, Foreign Minister Sergei Lavrov said on Thursday. FILE
Uber sees profit by end of 2020, but still expects full-year loss
[ad_1] (Reuters) – Uber Technologies Inc (UBER.N) on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to
Wall Street reaches new highs as China moves to limit coronavirus impact
[ad_1] (Reuters) – U.S. stocks gained for a fourth straight session on Thursday and Wall Street’s main indexes hit record highs as concerns eased over the economic fallout from the coronavirus outbreak in China. China
Uber increases quarterly revenue but food delivery costs eat profit
[ad_1] (Reuters) – Uber Technologies Inc (UBER.N) drew more customers to its ride-hailing and food delivery business in a boost to its fourth-quarter revenue, but high costs at Uber Eats meant Uber continues to lose
Wall Street hits new highs as China moves to limit coronavirus impact
[ad_1] (Reuters) – U.S. stocks gained for a fourth straight session on Thursday and Wall Street’s main indexes hit record highs amid growing confidence in China’s efforts to contain the economic fallout from the coronavirus
OPEC+ panel recommends deeper oil cut, awaits nod from Russia: sources
[ad_1] DUBAI/LONDON (Reuters) – An OPEC+ technical panel has recommended a provisional cut in oil output of 600,000 barrels per day (bpd) in response to the coronavirus’ impact on energy demand as it awaits Russia’s
Exclusive: Coronavirus outbreak delays Carlyle’s Atotech IPO – sources
[ad_1] (This January 31 story has been refiled to correct spelling of coronavirus in headline) By Joshua Franklin and Arno Schuetze NEW YORK/FRANKFURT (Reuters) – Buyout firm Carlyle Group Inc (CG.O) has delayed the U.S.
Oil prices flat; OPEC+ mulls supply cut as virus hits demand
[ad_1] NEW YORK (Reuters) – Oil futures gave up early gains on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate fallout from the coronavirus outbreak that
Gold gains on bets for low central bank rates as virus woes prevail
[ad_1] (Reuters) – Gold rose on Thursday as expectations of central banks keeping interest rates low and uncertainties around the economic impact of the coronavirus epidemic fueled appetite for the safe-haven metal. FILE PHOTO: Gold
Goldman bolsters Marcus staff as Britain spearheads consumer bank push
[ad_1] LONDON (Reuters) – Goldman Sachs plans to expand its retail brand Marcus in Britain this year with more than 65 new staff, a mobile app and more savings products, as part of the group’s