[ad_1] SINGAPORE (Reuters) – Oil prices rose by more than $1 on Tuesday after a price war by top producers Saudi Arabia and Russia sparked the biggest daily rout since the 1991 Gulf War, but
Coronavirus fears, oil price plunge pummel world stocks
[ad_1] NEW YORK/LONDON (Reuters) – Global stock markets plunged on Monday and oil prices tumbled by as much as a third after Saudi Arabia launched a price war with Russia, sending investors already spooked by
Oil plunges 25%, hit by erupting Saudi-Russia oil price war
[ad_1] NEW YORK (Reuters) – Crude prices suffered their biggest daily rout since the 1991 Gulf War on Monday as top producers Saudi Arabia and Russia began a price war that threatens to overwhelm global
Wall Street clobbered as crude plummets, virus crisis deepens
[ad_1] NEW YORK (Reuters) – Wall Street suffered its biggest one-day loss since the 2008 financial crisis on Monday and recession worries loomed large as tumbling oil prices and ongoing coronavirus fears prompted investor panic
Wall Street regulator paves way for home trading as coronavirus spreads
[ad_1] WASHINGTON (Reuters) – A U.S. regulatory body on Monday said it would temporarily waive some of its rules in order to allow thousands of traders to operate from home as the coronavirus spreads in
Ethanol makers see demand surge on hand sanitizer stockpiling
[ad_1] FILE PHOTO: Shelves of a CVS pharmacy are stripped of hand sanitizer amid novel coronavirus fears in New York, U.S. February 29, 2020. REUTERS/Catherine Koppel/File Photo (Reuters) – Some ethanol producers worldwide said demand
Coronavirus to drive European airline industry shakeout
[ad_1] PARIS (Reuters) – The coronavirus will accelerate a Darwinian shakeout in Europe’s overcrowded airline industry that ultimately benefits Ryanair and British Airways owner IAG, industry experts predict. A German air force plane takes off
Not in my lifetime: How the Treasury yield collapse surprised nearly everyone
[ad_1] (Reuters) – Investors who thought U.S. Treasury yields could not get any lower received another shock Monday. A plunge in oil prices combined with worries about the spreading coronavirus combined to drive market participants
Aon buys Willis for $30 billion in world’s largest insurance deal
[ad_1] (Reuters) – Aon Plc (AON.N) said on Monday it would buy Willis Towers Watson (WLTW.O) for nearly $30 billion, in a deal which will make it the world’s biggest insurance broker and give it
Oil prices plunge, hit by erupting Saudi-Russia oil price war
[ad_1] NEW YORK (Reuters) – Oil prices crashed on Monday, suffering their biggest daily rout since the 1991 Gulf War, after the collapse of an OPEC+ supply agreement that now threatens to overwhelm the world