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January 21, 2021

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Business Optimism for April-June Quarter Falls to Record Low, Worse Than 2009 Financial Crisis

April 29, 2020April 23, 2020 - by vinipost

Business optimism for the ongoing April-June quarter has slumped to its record low level, reflecting the plunge in business sentiment owing to the heightened uncertainty around the impact of Covid-19, …

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Business

U.S. energy companies’ quarterly reports to show depths of slump

April 28, 2020April 23, 2020 - by vinipost

Investors are in for more bad news on the energy front in the coming weeks as a host of the sector’s biggest companies report quarterly results following the historic collapse …

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Business

Asia stocks fall after U.S. crude collapses for second day

April 27, 2020April 23, 2020 - by vinipost

A jump in the price of oil and the promise of more government stimulus to ease the economic pain inflicted by the coronavirus pandemic helped global equity markets surge on …

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Business

Ships, trains, caves: Oil traders chase storage space in world awash with fuel

April 26, 2020April 23, 2020 - by vinipost

Oil traders are struggling to find enough ships, railcars, caverns and pipelines to store fuel as more conventional storage facilities fill up amid abundant supply and plummeting demand due to …

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Business

Oil prices tumble on demand collapse, Brent at 1999 lows

April 25, 2020April 23, 2020 - by vinipost

Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday, bolstered by tentative talk of additional supply cuts from OPEC producers and U.S. inventory builds …

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Business

Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers

April 24, 2020April 23, 2020 - by vinipost

Facebook is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ digital arm, as it looks to roll out services for India’s grocers and small businesses …

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Business

Virgin Australia administrator to hold first creditors’ meeting on April 30

April 23, 2020 - by vinipost

Private equity and distressed situation specialists Apollo Global Management, Oaktree Capital Management and BGH Capital are among those that have expressed interest in restructuring Virgin Australia Holdings Ltd, five sources …

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  • Business Optimism for April-June Quarter Falls to Record Low, Worse Than 2009 Financial Crisis
  • AMD could unleash new Zen 2 CPUs to tackle budget Intel Comet Lake chips

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