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London resilient at top of European tech investment table despite COVID

LONDON (Reuters) – London retained its position as the top European destination for tech venture capital in 2020, with levels near the record amount of the year before despite the...
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Oil Inventories Fall by 5.82M Barrels Last Week: API

By Yasin Ebrahim – U.S. oil stockpiles fell last week, adding to expectations that crude demand will likely remain resilient as the vaccine rollout continues. U.S. crude inventories fell by...
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Fed says bond-buying changes hinge on ‘qualitative’ call on economy

By Howard Schneider, Jonnelle Marte and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve was nearly unanimous in its decision last month to leave its bond-buying program unchanged, but left a...
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Oil prices slip after OPEC warns of downside risks to demand in first-half 2021

By Florence Tan SINGAPORE (Reuters) – Oil prices edged lower on Monday, the first day of 2021 trading, ahead of a meeting of OPEC and allied producers to discuss output...
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Alibaba Group increases share repurchase programme to £7 billion

(Reuters) – Alibaba (NYSE:BABA) Group Holding Ltd said on Sunday its board has authorized an increase in the company’s share repurchase programme to $10 billion (£7.39 billion) from $6 billion. “This Share...
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Japan November factory output seen rising for sixth month, outlook dims – Reuters poll

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s industrial output likely grew for a sixth straight month in November in a sign of gradual recovery in factory activity, although a recent...
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Coronavirus aid at risk as U.S. lawmakers block Trump’s changes

By Andy Sullivan and Richard Cowan WASHINGTON (Reuters) -U.S. lawmakers on Thursday blocked attempts to alter a $2.3 trillion coronavirus aid and government spending package, rejecting President Donald Trump’s demand...
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Oil climbs as U.S. inventory draw, Brexit deal hopes boost risk appetite

By Yuka Obayashi TOKYO (Reuters) -Oil climbed for a second day on Thursday in light holiday trade as a drawdown in U.S. stockpiles of crude and gasoline raised demand hopes,...
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Dow Ends Higher as Energy, Financials Shine; Tech Slips

By Yasin Ebrahim – The Dow gave up some gains into the close but ended higher Wednesday as energy and financials climbed even as President Donald Trump’s demands that Congress...
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