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OPEC+ crisis talks abandoned as Saudi Arabia and the UAE remain at loggerheads over oil output

July 5, 2021 by admin

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual emergency meeting of OPEC and non-OPEC countries, following the outbreak of the coronavirus …

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UAE ‘unconditionally’ supports OPEC+ supply increase, but says no to a bad deal

July 4, 2021 by admin

UAE’s Minister of Energy and Industry Suhail al-Mazrouei arrives for the 177th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on December 5, 2019. JOE KLAMAR | AFP …

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Bitcoin mining is now easier and more profitable as algorithm adjusts after China crackdown

July 3, 2021 by admin

A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. Paul Ratje | The Washington Post | Getty Images It just became a whole lot easier and much more …

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S&P 500 rises for a 7th straight day after strong jobs report, best winning streak in 10 months

July 2, 2021 by admin

Solid moves by major tech stocks helped support the overall market on Friday, with shares of Apple and Salesforce rising by nearly 2% and 1.3%, respectively. Microsoft jumped 2.2%. For …

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Commerce secretary dismisses Xi speech as ‘bluster,’ will push for U.S. access to China market

July 1, 2021 by admin

Commerce Secretary Gina Raimondo testifies before a Senate Appropriations Committee hearing to examine the American Jobs Plan, on Capitol Hill in Washington, D.C., April 20, 2021. Oliver Contreras | Pool …

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Didi closes up 1% on first day of trading

June 30, 2021 by admin

VIDEO 1:36 01:36 EMJ Capital’s Eric Jackson: Didi is a preeminent brand in China and it’s going to stay that way Closing Bell Shares of Didi Chuxing closed up a …

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A key indicator shows we are past peak inflation fear, supporting the stock market rally

June 29, 2021 by admin

Traders on the floor of the New York Stock Exchange. Source: New York Stock Exchange. One of the biggest fears investors have faced this year is the threat that inflation …

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S&P 500, Nasdaq rise to record highs to start the week led by Facebook

June 28, 2021 by admin

Aerospace giant Boeing weighed on the Dow, with shares falling more than 3% after regulators told the company it is not likely to receive certification for its long-range aircraft until mid-to-late …

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Stock futures open higher as S&P 500 looks to add to record

June 27, 2021 by admin

Futures contracts tied to the major U.S. stock indexes rose at the start of the overnight session Sunday evening after the S&P 500 notched its best week since February, as …

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TikTok insiders say social media company is tightly controlled by Chinese parent ByteDance

June 25, 2021 by admin

ByteDance Ltd.’s TikTok app is displayed in the App Store on a smartphone in an arranged photograph taken in Arlington, Virginia, on Monday, Aug. 3, 2020. Andrew Harrer | Bloomberg …

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