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Monday, October 18, 2021
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US crude futures in focus as coronavirus dents demand

U.S. crude prices plunged in the morning of Asian trading hours on Monday as traders continued to fret over a slump in demand due...

Dow futures fall more than 100 points as Wall Street takes a breather after last week’s gains

A man wears a protective mask as he walks on Wall Street during the coronavirus outbreak in New York City, New York, U.S., March...

US says China should stop ‘bullying behavior’ in South China Sea

The United States called on China on Saturday to stop "bullying behavior" in the South China Sea and said it was concerned by reports of China's...

24 Hour Fitness weighs bankruptcy amid coronavirus pandemic

Gym chain 24 Hour Fitness is working with advisors at investment bank Lazard and law firm Weil, Gotshal & Manges to weigh options including...

Hong Kong police detain veteran democracy activists in raids

Hong Kong police arrested on Saturday about a dozen democracy activists on charges of illegal assembly in raids across the Asian financial hub, media...

Saudi Arabia’s oil exports to US skyrocketed amid coronavirus lockdowns

Saudi Arabian oil exports to the U.S. more than doubled from February to March even as oil prices crashed and American shale producers reeled...

Federal Reserve President Harker says lost jobs will come back, but US should be patient

Philadelphia Federal Reserve President Patrick Harker expressed optimism Thursday that many of the 22 million jobs lost so far during the coronavirus lockdown will...

Germany set to lift lockdown cautiously while UK exit strategy remains unknown

Germany has set out a roadmap for cautiously lifting coronavirus lockdown measures, while in the U.K., the government is set to extend the country's...

Coronavirus to erase nearly a decade of oil demand growth in 2020: IEA

The International Energy Agency (IEA) said Wednesday that it expects the coronavirus crisis to erase almost a decade of oil demand growth in 2020,...

Covid-19 vaccine with Sanofi is ‘unprecedented collaboration’

GlaxoSmithKline CEO Emma Walmsley on Tuesday told CNBC's Jim Cramer that her company's newly announced partnership with industry peer Sanofi is an "unprecedented collaboration" between competitors. The...

Mark Mobius on markets bottom, investing, coronavirus

Markets probably have not hit the "absolute bottom" yet, said veteran emerging markets investor Mark Mobius, who urged investors to keep cash on hand...

Contact tracing technology and privacy protection for apps

Apple and Google's joint initiative to build a platform that helps contain the spread of the coronavirus looks promising, but steps have to be...

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