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OPEC and allies seek to thrash out cuts deal
Dec 04, 2020
LONDON — The members of the Organisation of the Petroleum Exporting Countries (OPEC) cartel of oil producers are meeting with their allies on Thursday to see if they can reach an accord on extending production cuts over the coming months.The video-conference meeting of the OPEC+ grouping was pushed back from Tuesday and comes after three days of in ...
Shoppers flock to England’s reopened high streets as lockdown ends
Dec 02, 2020
LONDON — Shoppers returned to England’s high streets on Wednesday as shops reopened f ...
Lebanon plunged into 'deliberate depression' — World Bank
Dec 01, 2020
BEIRUT — Lebanon's economy is sinking into a "deliberate depression", the World Bank ...
OPEC begins meeting to mull extension of production cuts
Nov 30, 2020
LONDON — As the coronavirus pandemic continues to weigh on global oil demand, the OPEC oil producers' club on Monday began a meeting in whic ...
World’s strictest corporate responsibility plan fails in Swiss vote
Nov 29, 2020
GENEVA — A plan in Switzerland to impose the world’s strictest corporate responsibility rules, which would have made Swiss-headquartered mul ...
US online sales surge to near-record on 'Black Friday'
Nov 28, 2020
NEW YORK — US online sales surged on the traditional "Black Friday" to set the country's second-highest one-day mark ever as virus-wary Amer ...
European stocks dip with Wall Street shut for Thanksgiving
Nov 26, 2020
LONDON — European equities dipped on Thursday as dealers nervously eyed coronavirus restrictions in subdued trade, with Wall Street shut for ...
France risks US ire with vow to impose digital tax this year
Nov 25, 2020
PARIS — France will enforce a new digital levy for online technology giants this year, breaking a truce with Washington over the long-runnin ...
IKEA furnishes strong results despite pandemic
Nov 24, 2020
STOCKHOLM — Consumers continued to spend strongly to furnish their homes despite the coronavirus pandemic, the holding company that includes ...
Stock markets rise on COVID vaccine results
Nov 23, 2020
LONDON — Most global equities indices rose on Monday following fresh COVID vaccine results, while investors also digested glum economic data ...
G-20 leaders pledge fair distribution of coronavirus vaccine
Nov 22, 2020
RIYADH — G-20 leaders said on Sunday they will "spare no effort" to ensure the fair distribution of coronavirus vaccines worldwide, and supp ...
Coronavirus crisis, global recession dominate G-20 'virtual' summit
Nov 21, 2020
RIYADH — Saudi Arabia’s King Salman Bin Abdulaziz opened the G-20 summit on Saturday in a first for an Arab nation, with the virtual forum d ...
Stocks retreat as focus turns to soaring virus infections
Nov 19, 2020
LONDON — Stocks pulled back on Thursday as a global rally fuelled by vaccine optimism petered out in the face of surging infections that are ...

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