'International' category archive. Published November 05, 2020 4:45 am (Mexico City time).

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Turkish minister says no plans to intervene in lira - media.

Turkey's finance minister ruled out intervening to support the record-low lira currency and he reiterated government concerns that raising interest rates could hurt the economy, Milliyet newspaper reported on Thursday.

Published by Reuters at November 05, 2020 4:20 am.

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AstraZeneca's drugs pipeline progresses as COVID vaccine data awaited.

AstraZeneca, the British drugmaker working on one of the world's leading COVID-19 vaccine hopefuls, reported progress in its pipeline of other medicines on Thursday as it posted a mixed set of third-quarter results.

Published by Reuters at November 05, 2020 4:13 am.

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South Korea tells people who attended Samsung memorial to get tested after coronavirus case emerges.

South Korea said on Thursday it had alerted about 1,000 people who attended the memorial of the late Samsung Group patriarch Lee Kun-hee last week to get tested for the coronavirus after one person at the event tested positive.

Published by Reuters at November 05, 2020 4:10 am.

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Fox's usual 'Big Noon Kickoff' team won't be on Saturday's broadcast in precautionary move.

The main crew for Fox's "Big Noon Kickoff" college football preview show won't be on Saturday's broadcast "out of an abundance of caution."

Published by USA TODAY at November 05, 2020 4:05 am.

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Mitsubishi to unveil energy transformation plan toward 2050 by March 2022: CEO.

Japanese trading house Mitsubishi Corp <8058.T> will unveil its energy transformation plan toward 2050 by March 2022, addressing an optimum solution for achieving both stable supply of energy and decarbonisation, its chief executive said on Thursday.

Published by Reuters at November 05, 2020 4:00 am.

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Ukraine reports record daily high new coronavirus cases: minister.

Ukraine registered a record 9,850 new COVID-19 cases in the past 24 hours, the health minister said on Thursday, up from a high of 9,524 reported a day earlier.

Published by Reuters at November 05, 2020 3:50 am.

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Uzbekistan to test three COVID-19 vaccines, plans no lockdown.

Uzbekistan has no plans to impose another lockdown despite the growth in COVID-19 cases globally, and intends to take part in the final trials of Chinese and Russian vaccines, a senior health official said.

Published by Reuters at November 05, 2020 3:45 am.

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Commerzbank in the red after restructuring charges, pandemic provisions.

Germany's Commerzbank swung to a third-quarter loss, it said on Thursday, as it dealt with fallout from the coronavirus crisis and continued a restructuring programme.

Published by Reuters at November 05, 2020 3:40 am.

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More Paris shops to close at night to tackle worsening COVID-19 crisis.

Paris will be placed under more restrictions to curb the worsening COVID-19 pandemic, including a requirement for more shops to close in the evening, Paris Mayor Anne Hidalgo told BFM TV on Thursday.

Published by Reuters at November 05, 2020 3:35 am.

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German coronavirus cases hit new record as shoppers stockpile again.

Germany's daily new coronavirus infections hit a record high on Thursday as data showed shoppers had stocked up on toilet paper, hand sanitiser and baking ingredients ahead of new lockdown measures that took effect this week.

Published by Reuters at November 05, 2020 3:30 am.

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Bank of England ramps up stimulus again to tackle COVID and Brexit hit.

The Bank of England increased its already huge bond-buying stimulus by a bigger-than-expected 150 billion pounds ($195 billion) as it prepared for economic damage from new coronavirus lockdowns and the looming risk of Brexit.

Published by Reuters at November 05, 2020 3:25 am.

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German industrial orders disappoint as euro zone slows.

German industrial orders grew less than expected in September as euro zone orders dropped, data showed on Thursday, highlighting the tough journey Europe's largest economy faces to recover from the coronavirus shock.

Published by Reuters at November 05, 2020 3:20 am.

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Presidential race inches closer, protesters gather, US hits COVID-19 milestone: 5 things to know Thursday.

We inch closer to naming the new president, the US passes another COVID-19 milestone and more news to start your Thursday.

Published by USA TODAY at November 05, 2020 3:05 am.

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Exclusive: India-made COVID-19 vaccine could be launched as early as February - government scientist.

An Indian government-backed COVID-19 vaccine could be launched as early as February - months earlier than expected - as last-stage trials begin this month and studies have so far showed it is safe and effective, a senior government scientist told Reuters.

Published by Reuters at November 05, 2020 3:00 am.

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HeidelbergCement cost cuts boost quarterly profit.

HeidelbergCement , the world's No.2 cement maker, on Thursday posted a 13% rise in third-quarter core profit, with cost cuts helping it to shrug off the impact of the COVID-19 pandemic and forecast higher full-year earnings.

Published by Reuters at November 05, 2020 2:50 am.

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AstraZeneca expects COVID-19 vaccine data this year.

AstraZeneca, the British drugmaker working on one of the world's leading COVID-19 vaccine candidates, beat third-quarter sales estimates on Thursday and reiterated it expects data from late-stage trials of the vaccine later this year.

Published by Reuters at November 05, 2020 2:45 am.

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Coronavirus updates: Global cases exceed 48M as US passes 100K single-day count; China bars UK travelers; 233K US deaths.

Fox pulls college football pregame show hosts. UK will roll out rapid COVID-19 testing in Liverpool. Latest news.

Published by USA TODAY at November 05, 2020 2:41 am.

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Russia reports 19,404 new coronavirus cases, 292 deaths.

Russia reported 19,404 new coronavirus cases on Thursday, close to a record high that included 5,255 infections in Moscow and took the national tally to 1,712,858.

Published by Reuters at November 05, 2020 2:40 am.

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Czech Republic reports record daily tally for COVID-19 infections.

The Czech Republic reported 15,729 new coronavirus cases for Nov. 4, its highest daily tally since the pandemic started, Health Ministry data showed on Thursday.

Published by Reuters at November 05, 2020 2:35 am.

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Malaysia's Petronas targets net zero emissions by 2050.

Malaysian state-owned energy giant Petroliam Nasional Berhad, or Petronas, said on Thursday it aims to become a net zero emitter of greenhouse gases by 2050 and also plans to increase its investments in renewable energy.

Published by Reuters at November 05, 2020 2:30 am.

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Barely back on their feet, UK small businesses face crushing new lockdown.

Business has been tough for Mandy Yin, chef and owner of a Malaysian restaurant and takeaway in London, since she tentatively reopened in June after being forced to shut down for two months during Britain's first national coronavirus lockdown.

Published by Reuters at November 05, 2020 2:20 am.

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Volvo Trucks to launch full range of electric trucks in Europe in 2021.

Volvo Trucks, Sweden's AB Volvo's main truck brand, will sell a complete range of electric, heavy-duty trucks in Europe starting in 2021, the company said in a statement on Thursday.

Published by Reuters at November 05, 2020 2:15 am.

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Nestle using insect protein in Purina pet food.

Nestle's Purina brand is launching a line of pet food using insects, as the world's biggest food group tests more environmentally sustainable protein sources.

Published by Reuters at November 05, 2020 2:10 am.

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Nintendo hikes Switch forecast to 24 million units as gaming boom continues.

Japan's Nintendo Co Ltd on Thursday said it expects to sell 24 million of its Switch games consoles in the year ending March 2021, up 26% from a previous forecast of 19 million, as a COVID-19 pandemic-driven gaming boom continues.

Published by Reuters at November 05, 2020 2:00 am.

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China considers 5% annual GDP growth target for next five years: sources.

China's policymakers are close to setting an average annual economic growth target of around 5% for the next five years, at the lower end of ranges previously considered as global risks cloud the outlook, policy sources said.

Published by Reuters at November 05, 2020 1:55 am.

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Bank of England ramps up stimulus by another 150 billion pounds.

The Bank of England increased its already huge bond-buying stimulus by a bigger-than-expected 150 billion pounds ($195 billion) as it sought to cushion Britain's struggling economy against the hit from a second coronavirus lockdown.

Published by Reuters at November 05, 2020 1:50 am.

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Trading rebound helps France's SocGen swing back to profit.

France's third-biggest listed bank Societe Generale swung back to profit in the third quarter, as its equity trading business continued to recover from a weak start to the year.

Published by Reuters at November 05, 2020 1:35 am.

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Sensex, Nifty hit near nine-month high as strong SBI earnings lifts banks.

Indian shares on Thursday climbed to their highest levels since February as strong earnings from the country's biggest lender State Bank of India (SBI) boosted banks, with metal and IT stocks helping build on the gains.

Published by Reuters at November 05, 2020 1:30 am.

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Australia orders more COVID-19 vaccines for total of 135 million doses.

The Australian government has agreed to purchase two more COVID-19 vaccines in development, beefing up the country's prospective arsenal against the pandemic to 135 million doses as it aims to complete a mass inoculation programme within months.

Published by Reuters at November 05, 2020 1:30 am.

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Moscow extends remote learning for secondary school children due to pandemic.

Moscow's secondary school children from classes 6-11 will continue to learn remotely for two more weeks until Nov. 22 due to the pandemic, Mayor Sergei Sobyanin said on Thursday.

Published by Reuters at November 05, 2020 1:25 am.

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Italy's UniCredit confirms profit goals after better than expected third quarter.

Italy's UniCredit confirmed its profit goals after its net income exceeded expectations in the third quarter, helped by a post-lockdown rebound in revenues and lower-than-forecast loan losses.

Published by Reuters at November 05, 2020 1:20 am.

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ING posts 1.2 billion euro third-quarter pretax profit, to cut 1,000 jobs.

ING Groep NV , the largest Dutch bank, on Thursday reported lower-than-expected pre-tax profit of 1.20 billion euros ($1.41 billion) for the third quarter on declining interest income amid the coronavirus pandemic and said it intends to cut 1,000 jobs.

Published by Reuters at November 05, 2020 1:10 am.

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Lufthansa warns of further restructuring costs in fourth quarter.

Lufthansa on Thursday said it booked a net loss of 2 billion euros ($2.35 billion) in the third quarter due to the pandemic-related slump in travelling and said further restructuring measures would weigh on fourth-quarter figures.

Published by Reuters at November 05, 2020 1:00 am.

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ArcelorMittal beats profit expectations after lockdown low.

ArcelorMittal , the world's largest steelmaker, reported third-quarter core profit above expectations on Thursday as the easing of COVID-19 lockdowns led to improved demand in all regions.

Published by Reuters at November 05, 2020 12:45 am.

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China blocks travellers from coronavirus-hit Britain, Belgium.

Mainland China has barred entry to some travellers from Britain and Belgium and set strict testing requirements on visitors from the United States, France and Germany, as it reimposed border restrictions in response to rising global coronavirus cases.

Published by Reuters at November 04, 2020 11:50 pm.

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Asia shares near three-year high, bonds see boon in U.S. stalemate.

Asian shares climbed on Thursday and bonds extended their blistering rally as investors wagered the prospect of U.S. policy gridlock would greatly favour some industries while also restraining government borrowing.

Published by Reuters at November 04, 2020 11:40 pm.

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Olympics: Gymnastics meet a test of Tokyo's readiness.

Tokyo's ability to cope with the COVID-19 pandemic and stage next year's Olympic Games safely will undergo a major test this week with gymnasts from four nations gathering in the Japanese capital for a friendly tournament.

Published by Reuters at November 04, 2020 11:00 pm.

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BOJ's Kuroda says no plan to review ETF purchases.

Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank had no immediate plan to tweak its purchases of exchange-traded funds (ETF) or start selling its ETF holdings.

Published by Reuters at November 04, 2020 10:55 pm.

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Breakingviews - Crushed Ant is just the start of China techlash.

China’s technology industry is facing an Ant-sized problem. An abrupt regulatory halt to the fintech company’s $37 billion initial public offering speaks to Beijing's waning tolerance for the clout wielded by online titans. Alibaba, Tencent and others have avoided concerns...

Published by Reuters at November 04, 2020 10:50 pm.

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Indonesia's economy shrinks year-on-year in third quarter, suffers first recession in over 20 years.

Indonesia's economy contracted by slightly more than expected in the third quarter as the coronavirus outbreak helped trigger its first recession in over 20 years, data from the statistics bureau showed on Thursday.

Published by Reuters at November 04, 2020 10:40 pm.

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Australian casino billionaire Packer should be reconsidered for approval - inquiry.

An Australian regulator should reconsider its approval of billionaire James Packer as a registered associate of casino company Crown Resorts Ltd due to his "adverse impact on its good governance", an inquiry heard on Thursday.

Published by Reuters at November 04, 2020 10:00 pm.

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Bank of England said to be considering a move into negative rates - Telegraph.

The Bank of England (BoE) is said to be considering a move into negative interest rates, the Telegraph newspaper reported late on Wednesday, without citing any sources, ahead of the central bank's November monetary policy decision on Thursday.

Published by Reuters at November 04, 2020 9:55 pm.

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Louisville-Virginia game postponed due to COVID-19 issues with Cardinals.

Louisville's game at Virginia has been postponed until Nov. 14 and Cardinals have paused team activities due to COVID-19 issues within the team.

Published by USA TODAY at November 04, 2020 9:53 pm.

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Canada's Couche-Tard enters Asia with near $360 million Hong Kong acquisition.

Canadian convenience store operator Alimentation Couche-Tard Inc has entered the Asian market through a deal to buy Convenience Retail Asia Ltd's <0831.HK> Hong Kong unit for HK$2.79 billion ($359.80 million), the companies said on Thursday.

Published by Reuters at November 04, 2020 8:50 pm.

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Asia shares near three-year high, bonds hold gains on U.S. gridlock bets.

Asian shares climbed on Thursday and bonds extended their blistering rally as investors wagered the likely prospect of U.S. policy gridlock would greatly favour some industries while putting a restraining hand on government borrowing.

Published by Reuters at November 04, 2020 8:45 pm.

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Global wind energy set for five years of record growth: research.

Wind energy will achieve record growth globally over the next five years, the Global Wind Energy Council (GWEC) trade association said on Thursday, as the impact of COVID-19 has only been to delay, not cancel, projects.

Published by Reuters at November 04, 2020 8:15 pm.

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Mainland China reports 28 new coronavirus cases on November 4 vs 17 a day earlier.

Mainland China reported 28 new confirmed coronavirus cases on Nov. 4, compared to 17 a day earlier, the country's health authority said on Thursday.

Published by Reuters at November 04, 2020 8:10 pm.

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Singapore banks' third-quarter profits skid but beat market estimates.

Singapore's top lenders, DBS Group Holdings Ltd and Oversea-Chinese Banking Corp Ltd , reported declines in quarterly profits on Thursday, hit by lower net interest income, but the results still came in above analysts' estimates.

Published by Reuters at November 04, 2020 8:00 pm.

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Mexico demands explanation from French designer Isabel Marant over indigenous designs.

Mexico's culture ministry on Wednesday questioned French fashion designer Isabel Marant's use of patterns from indigenous Mexican communities, marking the government's latest complaint over high-fashion brands appropriating local styles.

Published by Reuters at November 04, 2020 7:40 pm.

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Chile, Peru green-light AstraZeneca COVID-19 vaccine trials.

Chilean President Sebastian Pinera said on Wednesday the country's health regulator had given the go-ahead for clinical trials of AstraZeneca PLC's COVID-19 vaccine.

Published by Reuters at November 04, 2020 7:35 pm.

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Oil Prices Are Set To Go Higher Next Year.

As predicted, a second wave of COVID-19 is wreaking havoc on the world economy with many European nations contemplating new shut downs. It looks like it will be a tough winter for the oil markets. In a recent article carried in Reuters, two energy trading firms, Vitol, and Trafigura offered dour forecasts for the next few months. Trafigura’s Executive Chairman, Jeremy Weir offered a demand forecast of a decline of a million BOPD in the U.S. and up to 1.5 mm in Europe as a result, with global demand through the winter at 92 mm BOPD. He made…

Published by OilPrice.com at November 04, 2020 7:00 pm.

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Maradona 'joking' with visitors, recovering well from surgery.

Argentine soccer great Diego Maradona is cracking jokes as he makes an "amazing" recovery following surgery for a brain clot, his personal physician told reporters on Wednesday evening.

Published by Reuters at November 04, 2020 6:40 pm.

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U.S. CDC reports 231,988 deaths from coronavirus.

The U.S. Centers for Disease Control and Prevention (CDC) on Wednesday reported 9,357,245 cases of the novel coronavirus, an increase of 88,427 cases from its previous count, and said that the number of deaths had risen by 1,095 to 231,988.

Published by Reuters at November 04, 2020 6:10 pm.

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Syria's Assad says billions locked in troubled Lebanese banks behind economic crisis.

Syrian President Bashar al Assad said billions of dollars of deposits held by his countrymen in Lebanon's financial sector that were blocked after a major financial crisis were a main cause of Syria's deepening economic crisis.Lebanese banks, fearing capital flight and grappling...

Published by Reuters at November 04, 2020 6:05 pm.

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The Biggest Ever Transfer Of Wealth Is Happening Right Now.

A new era of technology is being defined right now—and not only by the “magnificent seven” tech giants that are collectively worth $7.7 trillion. Instead, it’s being defined by a new generation of tech-driven companies that operate across multi-trillion-dollar industries … and target the trillions of dollars that Big Capital is shifting into ESG, or “impact” investing.These next-gen tech companies create entire “ecosystems”, some with unlimited verticals …And they de-risk by focusing…

Published by OilPrice.com at November 04, 2020 6:01 pm.

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Australia signs two more COVID-19 vaccine deals.

Australia signed two deals on Thursday to buy 40 million doses of COVID-19 vaccines from Novavax and 10 million from Pfizer and BioNTech <22UAy.F> as the country's virus hot spot reported zero cases for the sixth straight day.

Published by Reuters at November 04, 2020 6:00 pm.

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Aramco’s Profit Drop Is A Dire Warning For Saudi Arabia.

By reporting a 44.6% decrease in profits in Q3 2020, Aramco has put a major damper on Saudi Arabia’s economic diversification strategies and overall stability. Saudi Aramco reported that its Q3 2020 profits decreased to Riyal 44.21 billion ($11.79 billion) from Riyal 79.84 billion ($21.29 billion) in Q3 2019. Worryingly, even those disappointing financials were helped by several royalty changes that boosted profits. The results from OPEC’s largest oil producer contradict the optimism being expressed by the oil cartel’s leaders…

Published by OilPrice.com at November 04, 2020 6:00 pm.

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Sun Life third-quarter profit beats expectations but warns of COVID-19 risks.

Sun Life Financial Inc , Canada's second-biggest life insurer, beat analyst estimates for third-quarter core earnings on Wednesday, boosted by new business gains in Asia and growth in income from its asset management unit.

Published by Reuters at November 04, 2020 5:55 pm.

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Londoners hit the town one last time before new lockdown.

Londoners shrugged off a resurgent COVID-19 pandemic and flocked to pubs and restaurants on Wednesday night, hours before the introduction of a new month-long lockdown across England.

Published by Reuters at November 04, 2020 5:45 pm.

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How Big Can the Tesla Bubble Get?

Here’s one fact that somehow transcends logic: Tesla is worth five times more than GM and Ford—combined. The EV company, which for quite some time served as a laughing stock for conservative investors on the one hand and the favorite of short-sellers on the other, has now reported five consecutive quarterly profits. As such, its outlook is bright, with EV sales seen as picking up considerably. It’s no wonder that other EV markets are eager to replicate its success. The Wall Street Journal reported earlier this month on two EV…

Published by OilPrice.com at November 04, 2020 5:00 pm.

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Cyprus announces curfew as COVID-19 cases rise.

Cyprus announced new restrictions on Wednesday to fight a resurgence of COVID-19 after a rise in cases in recent weeks.

Published by Reuters at November 04, 2020 4:50 pm.

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Detroit Lions QB Matthew Stafford placed on COVID-19 reserve list.

The Detroit Lions placed Matthew Stafford on the COVID-19 reserve list, putting into question his availability for Sunday's game.

Published by USA TODAY at November 04, 2020 4:49 pm.

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NYC first responders have high COVID-19 rates; public surfaces may hold clues to virus spread.

The following is a roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus.

Published by Reuters at November 04, 2020 4:40 pm.

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National Australia Bank annual earnings slide, asset quality to worsen.

National Australia Bank on Thursday posted a 36.6% fall in annual profit, hurt by provisions for higher loan losses due to the COVID-19 pandemic, and said it expects asset quality to deteriorate further in the coming days.

Published by Reuters at November 04, 2020 4:30 pm.

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Election 2020: Climate Change Won’t Be Part Of Texas Oil Regulator’s Agenda.

In a sweeping victory for America’s oil and gas industry, Republican businessman James “Jim” Wright comfortably won a seat on Texas’ energy regulator with 53% of the vote. Wright’s challenger, energy lawyer Chrysta Castaneda (D), took in 43% of the vote. Castaneda had vowed to put climate change on the agency of the Texas Railroad Commission, but Texas voters weren’t interested. Instead, the voters, which also threw their support behind President Donald Trump, favored the industry that largely support’s…

Published by OilPrice.com at November 04, 2020 4:30 pm.

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Aeromexico seeks approval to fire 1,830 workers, eyeing $44 million in annual savings.

Mexican airline Aeromexico has requested permission from U.S. bankruptcy court to dismiss 1,830 employees in a cost-saving measure to weather the economic shocks of the coronavirus crisis, according to court filings filed on Wednesday.

Published by Reuters at November 04, 2020 4:20 pm.

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Honduras Proves Fertile Ground for Coca.

Honduras Proves Fertile Ground for Coca
Authorities in Honduras have destroyed more than 100 acres of coca crops this year, showing that criminal groups continue to use the country as a testing ground for cocaine production. The latest seizure occurred on October 14, when the Honduran Directorate for the Fight Against Drug Trafficking (Dirección de Lucha Contra el Narcotráfico – DLCN) ...

Published by InSight Crime at November 04, 2020 4:04 pm.

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This Just Became The World's Largest Gas Hub.

The increasingly global nature of natural gas, with the rise of liquefied natural gas (LNG) supply and trade, is making one of Europe’s key natural gas trading hubs into an even more important global benchmark for gas pricing and trading. The Dutch Title Transfer Facility (TTF) trading hub in the Netherlands has seen this year more open interest in gas contracts—the total number of outstanding positions held by market participants—than the open interest in the U.S. Henry Hub benchmark, data from exchange operators…

Published by OilPrice.com at November 04, 2020 4:00 pm.

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Patriarch of Serbian Orthodox Church tests positive for COVID-19.

Irinej, the ageing Patriarch of the Serbian Orthodox Church, the country's largest Christian denomination, was hospitalised on Wednesday after testing positive for the coronavirus, his office said.

Published by Reuters at November 04, 2020 3:30 pm.

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Back to the Future for US New Vehicle Sales: The 2.4-Million-Vehicle Hole in 2020.

The first year new vehicle sales exceeded 15 million units was 1985. And 2020 will be right there. The power of price increases and pushing consumers into more expensive trucks and SUVs.

Published by Wolf Street at November 04, 2020 3:28 pm.

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Texas Oil Industry May Have Left The Worst Of The Downturn Behind.

Although the Texas upstream oil and gas industry remained in contraction in the third quarter, signs have emerged in employment and rig counts that the sector may have already seen the worst of the downturn and could be headed to recovery, the Texas Alliance of Energy Producers said in its latest Texas Petro Index (TPI) this week. The exploration and production activity index in Texas declined for the 19th month in a row in September, falling to 145.4 from 150.4 in August, and down by 27.5 percent compared to the September 2019 index. The TPI saw…

Published by OilPrice.com at November 04, 2020 3:00 pm.

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Johnson returns at Houston Open after COVID-19 in final Masters tune-up.

World number one Dustin Johnson makes his return to the PGA Tour after being diagnosed with COVID-19 last month, headlining a packed field at the Houston Open, which begins on Thursday and offers players a final tune-up before the Masters.

Published by Reuters at November 04, 2020 2:50 pm.

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Italy locks down financial capital Milan and much of industrial north.

Italy's latest restrictions to try to rein in the coronavirus include a partial lockdown of its richest and most populous region Lombardy around the financial capital Milan, Prime Minister Giuseppe Conte said on Wednesday.

Published by Reuters at November 04, 2020 2:30 pm.

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Michigan, Jim Harbaugh need an 'amicable divorce,' says Paul Finebaum.

ESPN's Paul Finebaum levied another blow to Michigan Wolverines football coach Jim Harbaugh, on the "Get Up" show.

Published by USA TODAY at November 04, 2020 2:29 pm.

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What we know about the man who killed four in Vienna shooting spree.

Dressed in a black shirt and cap, with an automatic rifle, a handgun and a machete in hand, 20-year-old Kujtim Fejzulai looked into the camera for the last photo he posted of himself on Instagram before setting off on a killing spree in Vienna.

Published by Reuters at November 04, 2020 2:25 pm.

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France reports over 40,000 new coronavirus cases.

France registered 40,558 new coronavirus cases on Wednesday, compared to 36,330 on Tuesday and a record of 52,518 on Monday, health ministry data showed.

Published by Reuters at November 04, 2020 2:20 pm.

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Michael J. Fox says tumor almost had him 'heading for paralysis,' reflects on his 'darkest moment'

Michael J. Fox has a more positive outlook on life following his recent health struggles while battling Parkinson's disease.

Published by USA TODAY at November 04, 2020 2:03 pm.

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Is Wall Street Cutting Its Fossil Fuels Losses?

The global energy sector is at a major bifurcation point, with the energy revolution having grown into an unstoppable force now. The value of fossil fuel investments has been cut in half in the year-to-date, while renewable energy remains on the ascendancy and the only energy sector that’s still growing. For oil and gas investors who have been left holding the bag, here’s some advice: Just cut your losses and move on because a reprieve won’t be coming to the sector in a long time. That’s the verdict by Wall Street…

Published by OilPrice.com at November 04, 2020 2:00 pm.

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San Francisco 49ers close facility one day before game after positive COVID-19 test.

On the day before they are scheduled to play the Green Bay Packers, the San Francisco 49ers shut down their facility after a positive COVID-19 test.

Published by USA TODAY at November 04, 2020 1:46 pm.

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Italy's latest measures to curb COVID to take effect from Friday: PM's office.

The Italian government's latest measures to try to curb its coronavirus epidemic will come into force from Friday instead of Thursday as previously announced, the prime minister's office said.

Published by Reuters at November 04, 2020 1:40 pm.

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Spain's coronavirus death toll hits 38,118 after government revises count.

Spain's death toll from the coronavirus reached 38,118 after the Health Ministry revised its methodology for recording infections and fatalities, official data showed on Wednesday, up sharply from Tuesday's unrevised 36,495.

Published by Reuters at November 04, 2020 1:30 pm.

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Stocks Of Major Wind Turbine Makers Slump Amid Election Uncertainty.

Shares of major wind turbine manufacturers slumped on European markets on Wednesday as the U.S. presidential election—with the two candidates differing strongly on energy policy—continued to be too close to call as of 10 a.m. ET. The biggest manufacturers of wind turbines have a strong presence on the U.S. wind market, which has been rapidly growing in recent years. U.S. President Donald Trump’s energy agenda continues to be pro-oil and favoring the fossil fuel industries, while Democratic candidate Joe Biden has an energy plan…

Published by OilPrice.com at November 04, 2020 1:30 pm.

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Biogen Alzheimer's drug closer to approval with U.S. FDA staff backing, shares jump 40%

Biogen Inc has shown "exceptionally persuasive" evidence that its experimental Alzheimer's disease drug is effective, U.S. Food and Drug Administration staff said on Wednesday, elevating its chances of a swift approval and sending company shares soaring.

Published by Reuters at November 04, 2020 1:25 pm.

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Eta’s rains plague Central America; Will Cuba and Florida be next?

Former Hurricane Eta inundated parts of Central America with torrential rains and deadly flooding as a tropical storm on Wednesday, after lashing the Caribbean coast of Nicaragua with a major storm surge and shrieking Category 4 winds. At least three ...

Published by Yale Climate Connections at November 04, 2020 1:22 pm.

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Delivery timetable of Oxford/AstraZeneca vaccine has slipped, UK official says.

The timetable for delivery of the Oxford/AstraZeneca COVID-19 vaccine candidate has slipped and Britain will receive just 4 million doses of the shot this year, the head of the UK's vaccine procurement programme said on Wednesday.

Published by Reuters at November 04, 2020 1:20 pm.

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How Kurdistan Is Taking Advantage Of Iraq’s Oil Crisis.

Iraq is facing a desperate financial situation: obliged to pay billions of dollars in state salaries, pensions, and other disbursements whilst its ability to generate revenue to do so is severely constrained by a low oil price environment and OPEC+-mandated production quotas. Making matters worse is that the government of the semi-autonomous Kurdistan region in the north – the KRG – is using Baghdad’s deteriorating financial position to advance its own agenda and, by extension, the agenda of its principal state-sponsor, Russia.…

Published by OilPrice.com at November 04, 2020 1:00 pm.

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EU drug watchdog won't set minimum efficacy levels for potential COVID-19 vaccines.

Europe's drug regulator will not set a minimum level of efficacy for potential COVID-19 vaccines when considering them for approval, it said on Wednesday, taking a different approach to that of its U.S. counterpart.

Published by Reuters at November 04, 2020 12:50 pm.

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U.S. Energy Exports To Mexico Near Record-High Levels.

The United States exported crude oil, petroleum products, and natural gas to Mexico worth nearly US$34 billion in 2019, just shy of the record-high value of energy exports in 2018, the U.S. Energy Information Administration (EIA) said on Wednesday. According to data from the latest annual Standard International Trade Classification (SITC) from the U.S. Census Bureau, the U.S. imported energy products from Mexico worth US$13 billion last year, the EIA estimates showed. The value of U.S. energy exports to Mexico exceeded the value of energy…

Published by OilPrice.com at November 04, 2020 12:30 pm.

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Italy's lower house of parliament approves bill protecting LGBT+ community.

Italy's lower house of parliament on Wednesday passed an anti-discrimination bill that makes violence against women and LGBT+ people a hate crime, with those found guilty of such attacks risking longer prison terms.

Published by Reuters at November 04, 2020 12:25 pm.

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EU's Barnier says 'very serious' gaps still in Brexit trade talks.

The European Union's Brexit negotiator said on Wednesday "very serious divergences" remained in trade talks with Britain and suggested the bloc would rather accept disruptions in commerce in eight weeks' time than yield on its principles.

Published by Reuters at November 04, 2020 12:20 pm.

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U.S. employment, services industry data point to slowing economic recovery.

U.S. private payrolls increased less than expected in October and activity in the services industry cooled, providing early signs of a slowdown in economic growth as fiscal stimulus diminishes and new COVID-19 infections surge across the country.

Published by Reuters at November 04, 2020 12:15 pm.

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UK daily COVID-19 death toll rises by 492, most since mid-May.

Britain recorded 492 new COVID-19 deaths on Wednesday, the biggest toll since May 13 and up from 397 on Tuesday, government data showed.

Published by Reuters at November 04, 2020 12:10 pm.

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Wall Street soars as investors price in gridlock in Washington.

Wall Street's main indexes surged on Wednesday as investors bet that an excruciatingly close race for the White House could end with a gridlock in Congress that would reduce the chance of major policy changes.

Published by Reuters at November 04, 2020 12:05 pm.

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ESPN's married radio duo: She's an Indiana grad, he played basketball at Notre Dame.

Jordan and Shae Cornette are ESPN's first married radio duo. They host 'GameDay' on Sunday during football season. 'Highlight of my week,' Shae says.

Published by USA TODAY at November 04, 2020 12:01 pm.

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China’s Oil Imports Are Falling From Record Highs.

China’s crude oil imports have fallen in recent months from their record high of nearly 13 million barrels per day (bpd) in June, although imports continue to be considerably higher compared to last year’s monthly levels, data from the Joint Organisations Data Initiative (JODI) showed on Wednesday. Having hit an all-time high in June, Chinese crude oil imports have declined over two consecutive months by 1.77 million bpd to 11.21 million bpd in August, according to JODI data. In September, China’s crude oil imports rose from August…

Published by OilPrice.com at November 04, 2020 12:00 pm.

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Italy reports 30,550 new coronavirus cases, 352 deaths - health ministry.

Italy has registered 30,550 new coronavirus infections over the past 24 hours, the health ministry said on Wednesday, up from 28,244 on Tuesday.

Published by Reuters at November 04, 2020 11:50 am.

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UK lawmakers approve month-long lockdown plan for England.

British lawmakers approved a month-long lockdown in England, voting on Wednesday in favour of Prime Minister Boris Johnson's plan to try to prevent COVID-19 running out of control and overwhelming health services.

Published by Reuters at November 04, 2020 11:40 am.

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Novavax to supply 40 million doses of COVID-19 vaccine to Australia.

Novavax Inc said on Wednesday it has signed an agreement with the Australian government to supply 40 million doses of its COVID-19 vaccine candidate, NVX-CoV2373.

Published by Reuters at November 04, 2020 11:35 am.

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For businesses with multiple locations, a strong telecom provider is crucial.

Cox Business streamlines communication and services among Daemi Group’s multiple locations.

Published by USA TODAY at November 04, 2020 11:31 am.

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Model 3 Production Brought Tesla To Brink Of Bankruptcy.

Tesla came to the brink of bankruptcy before it launched the Model 3, chief executive Elon Musk said in a Twitter conversation. In a thread started to commemorate a $40-million fundraiser for the carmaker in 2008, in response to the question “How close was Tesla from bankruptcy when bringing the Model 3 to mass production?” Musk said that for a month, Tesla was teetering on the edge. The Model 3 was what Musk’s ultimate plan for Tesla had been about: an affordable electric car that everyone would want to buy. As he said on the…

Published by OilPrice.com at November 04, 2020 11:30 am.

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