U.S. jobless claims for the week ending October 10 were 898,000, a 53,000 increase from previous week's revised level, according to press release. Weekly jobless claims higher than expected 825,000.…
OPEC is piling pressure on its members and allies to delay or water down output cuts planned for January, according to Bloomberg. OPEC and its allies had cut 2021 forecasts…
UK Care Minister Helen Whately told members of parliament that London would move into Tier 2 COVID-19 restrictions from Friday Midnight into Saturday. BREAKING: Care Minister Helen Whately tells London…
The IMF expects global economy to contract sharply by 3% in 2020 following devastation by COVID-19 pandemic, according to press release. Global growth projected to be 5.8% in 2021 if…
Spot crude oil prices averaged lower in September, after gains in four consecutive months, according to press release. September declines as a result of softening recovery of physical crude market…
JPMorgan Chase & Co. earned $9.4 billion or $2.92 per share net income from almost $30 billion revenues in Q3, according to press release. Net income was up 4% from…
Hong Kong Exchange canceled morning trading session after storm signal 8 was reported, according to press release. Trading for the day will be canceled if typhoon 8 or stronger signal…
UK Prime Minister Boris Johnson will impose a three-tiered system of COVID-19 restrictions on parts of England as pandemic accelerates, despite rising anger due to curtailment of freedoms, according to…
Trump’s administration entered into an agreement with AstraZeneca for late-stage and large scale manufacture of AZD7442, a combination of two monoclonal antibodies that treats or prevents SARS-CoV-2, according to press…
Mallinckrodt announced it has voluntarily initiated Chapter 11 proceedings declaring itself bankrupt at the District of Delaware, according to Bloomberg Law. The company aims to modify its capital structure through…
Oil refineries equipment was destroyed and export ports closed as destructive Category 2 Hurricane Delta winds and storms traveled far from its center according to Reuters. Power lines were shut…
Fastly announced its availability on the Google Cloud Platform (GCP) after partnering with Google to make its services available on the cloud, according to press release. Fastly’s partnership with Google…