'International' category archive. Published November 25, 2020 4:45 am (Mexico City time).

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Italy's antitrust probes Benetton for possible abuse in franchising contracts.

Italy's competition authority said on Wednesday it was probing apparel retailer Benetton for possible abuse in two of its franchising contracts with independent retailers.

Published by Reuters at November 25, 2020 4:25 am.

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EU drafts deal to upgrade 2030 climate change target next month.

The European Union has drafted a deal to curb greenhouse gas emissions by at least 55% by 2030, against 1990 levels, a target it hopes its 27 members will endorse at a summit next month, the document showed.

Published by Reuters at November 25, 2020 4:20 am.

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European shares hover near 9-month highs on easing virus curbs, vaccine cheer.

European shares eased slightly, while staying near nine-month highs on Wednesday as a relaxation of coronavirus restrictions in the region and growing hopes that a vaccine would soon be ready kept sentiment afloat.

Published by Reuters at November 25, 2020 4:10 am.

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Global stocks bull run to race on, spurred by cheap cash, vaccine hopes: Reuters poll.

The blistering rally in global stock markets is set to continue for at least six months, albeit at a shallower pace, amid hopes more cheap cash and a COVID-19 vaccine allow economies to heal and corporate earnings to recover, a Reuters poll found.

Published by Reuters at November 25, 2020 4:05 am.

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'The inmates are mocking us': California OK'd unemployment aid in name of more than 20K prisoners, including Scott Peterson.

California approved more than $140 million in unemployment benefits for at least 20,000 prisoners, local and federal prosecutors said.

Published by USA TODAY at November 25, 2020 4:00 am.

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Chinese buyers look to cancel U.S. soybean orders as processing margins shrink.

Some Chinese soybean importers and processors are looking to cancel deals signed for U.S. cargoes for December and January shipment, after crushing margins collapsed following a steep rally in Chicago futures, three trade sources said.

Published by Reuters at November 25, 2020 3:50 am.

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Melrose lifts FTSE 100 ahead of Sunak's spending plan announcement.

London's FTSE 100 rose on Wednesday, buoyed by Melrose Industries after it gave an upbeat trading update, with investors awaiting Britain's one-year spending plan announcement later in the day.

Published by Reuters at November 25, 2020 3:45 am.

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South Korean watchdog fines Facebook $6.1 million for sharing user info without consent.

A South Korean agency for protecting personal information on Wednesday fined Facebook Inc 6.7 billion won ($6.06 million) and sought a criminal investigation for providing users' personal information to other operators without consent.

Published by Reuters at November 25, 2020 3:40 am.

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Car crashes into gate of Merkel's office.

A car crashed into the gate of the office of German Chancellor Angela Merkel in Berlin on Wednesday, a Reuters witness said.

Published by Reuters at November 25, 2020 3:31 am.

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Ethiopia war destabilising east Africa, warns EU.

Fighting between Ethiopia's military and regional forces from the northern Tigray region is seriously destabilising the East African and Horn region and hostilities should halt, the European Union foreign policy chief said.

Published by Reuters at November 25, 2020 3:30 am.

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Factbox: Debretsion Gebremichael, head of Ethiopia's Tigrayan forces.

Former guerrilla radio operator Debretsion Gebremichael is leading Tigrayan forces fighting Ethiopia's military for control of the mountainous northern region.

Published by Reuters at November 25, 2020 3:10 am.

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Decisive days for UK trade pact, EU prepares for no-deal Brexit - chief executive.

The European Commission cannot guarantee there will be a trade pact with Britain after its departure from the European Union and the coming days will be crucial, the EU's chief executive said on Wednesday, adding the bloc was prepared for a no-deal.

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

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Nearly 100 whales die after mass stranding in New Zealand.

About 100 pilot whales and bottlenose dolphins have died in a mass stranding on the remote Chatham Islands, about 800 km (497 miles) off New Zealand's east coast, officials said on Wednesday.

Published by Reuters at November 25, 2020 2:50 am.

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'COVID chat': Officials urge Americans to stay home over holiday.

U.S. health officials and politicians pleaded with Americans on Tuesday to stay at home over the Thanksgiving holiday and abide by constraints placed on social and economic life as record coronavirus caseloads pushed hospitals to their limits.

Published by Reuters at November 25, 2020 2:45 am.

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Germany reports record COVID-19 deaths ahead of Christmas talks.

Germany reported a record 410 COVID-19 deaths in the last 24 hours, before the 16 federal state leaders and Chancellor Angela Merkel meet on Wednesday to discuss restrictions for the Christmas and New Year holidays.

Published by Reuters at November 25, 2020 2:30 am.

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Hall of Fame manager Tom Lasorda still hospitalized, but condition has improved.

Los Angeles Dodgers spokesman Steve Brener said Tom Lasorda, 93, has been taking online calls from former players and coaches while in the hospital.

Published by USA TODAY at November 25, 2020 2:30 am.

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Sensex, Nifty slip as investors lock in gains from IT, drugs.

Indian shares slipped from a record high on Wednesday as investors booked profits in IT services and drug stocks, countering a brighter mood globally from COVID-19 vaccine progress and the U.S. presidential transition.

Published by Reuters at November 25, 2020 2:20 am.

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Canada's TSX to hit record high in 2021 on likely vaccine rollout: Reuters poll.

Canada's main share index is set to extend its rally over the coming year as the likely rollout of a COVID-19 vaccine bolsters prospects for the economically sensitive financial and resource stocks that dominate the index, a Reuters poll found.

Published by Reuters at November 25, 2020 2:10 am.

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Tokyo governor asks bars, restaurants to shut early amid COVID-19 spike.

Bars and restaurants in Japan's capital of Tokyo will be asked to close early in a bid to halt coronavirus infections, Governor Yuriko Koike said on Wednesday.

Published by Reuters at November 25, 2020 2:00 am.

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Brexit could affect economy for longer than COVID: BoE's Saunders.

Bank of England interest-rate setter Michael Saunders said the long-term effects of Brexit could have a bigger impact on companies than the coronavirus pandemic.

Published by Reuters at November 25, 2020 1:50 am.

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Can't dine out? UK restaurants offer DIY meal kits to survive lockdown.

From fast food to fine dining, some restaurants in Britain are relying on home kits to keep them afloat during lockdown, turning clients into cooks who recreate favourite meals in the comfort of their own kitchens.

Published by Reuters at November 25, 2020 1:45 am.

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Column: Risk pricing needs rethink into 2021 - Mike Dolan.

Risk gauges in financial markets may be askew as they struggle to price a potentially messy end to a truly shocking 2020 while simultaneously assuming clear blue sky on the horizon.

Published by Reuters at November 25, 2020 1:40 am.

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Rio Tinto neglected good communication with Indigenous groups: executive.

Global miner Rio Tinto neglected deep communications with traditional owners during China's iron ore boom, focusing instead on the technical challenges of ramping up and then shrinking its business, an executive said on Tuesday.

Published by Reuters at November 25, 2020 1:30 am.

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Nestle sells Yinlu business in China amid portfolio cleanup.

Nestle has agreed to sell its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise Co Ltd, a company controlled by the family of Yinlu founder Chen Qingshui, the world's largest packaged food group said on Wednesday.

Published by Reuters at November 25, 2020 1:10 am.

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Indian stock market rally to continue in 2021 on vaccine hopes - Reuters poll.

India's stock market rally is set to continue and hit new record highs in 2021, according to a Reuters poll of equity strategists who overwhelmingly expected corporate earnings to return roughly to pre-pandemic levels within a year.

Published by Reuters at November 25, 2020 1:10 am.

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What you need to know about the coronavirus right now.

Here's what you need to know about the coronavirus right now:

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

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Winners and losers from the first College Football Playoff ranking.

The initial College Football Playoff ranking of the season has some teams looking up and some looking down. A breakdown of the winners and losers.

Published by USA TODAY at November 25, 2020 1:04 am.

USA TODAY →
Oil prices rise as vaccine optimism sustains rally despite stockpile gain.

Oil rose for the fourth straight session on Wednesday as the market shrugged off an industry report showing U.S. crude stockpiles rose more than expected, extending a rally driven by hopes that a COVID-19 vaccine will boost fuel demand.

Published by Reuters at November 25, 2020 12:55 am.

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India's NSE warned Future Retail of action over disclosures on Amazon dispute: emails.

India's National Stock Exchange (NSE) privately warned Future Retail it risked regulatory action for not making timely market disclosures about efforts by Amazon.com to block a disputed asset sale, according to e-mails reviewed by Reuters.

Published by Reuters at November 25, 2020 12:50 am.

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U.S. dollar nurses losses as investors embrace riskier assets.

The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback to riskier assets.

Published by Reuters at November 25, 2020 12:45 am.

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Clariant plans 1,000 job cuts amid divestments.

Clariant AG plans to cut around 1,000 jobs as it slims down amid a series of divestments, the Swiss speciality chemicals company said on Wednesday.

Published by Reuters at November 25, 2020 12:40 am.

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'It's working!' Deer, bears and other critters like Utah's first wildlife bridge — and the state has video to prove it.

The wildlife bridge over Interstate 80 near Salt Lake City is the first of its kind in the state, according to the Utah Department of Transportation.

Published by USA TODAY at November 25, 2020 12:36 am.

USA TODAY →
EU says Ethiopia fighting destabilising region, urges ceasefire.

Fighting between Ethiopia's military and regional forces from the northern Tigray region is seriously destabilising the East African region and hostilities should halt, the European Union foreign policy chief said.

Published by Reuters at November 25, 2020 12:20 am.

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North Dakota Supreme Court rules against Gov. Doug Burgum in fight to fill dead candidate's state House seat.

Gov. Doug Burgum had argued the Constitution gave him the right to appoint someone to a state House seat won by David Andahl on Nov. 3.

Published by USA TODAY at November 25, 2020 12:10 am.

USA TODAY →
Rio Tinto neglected good communication with Indigenous groups - executive.

Global miner Rio Tinto neglected deep communications with traditional owners during China's iron ore boom, focusing instead on the technical challenges of ramping up and then shrinking its business, an executive said on Tuesday.

Published by Reuters at November 25, 2020 12:00 am.

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After borrowing surge, Sunak to announce more spending.

British finance minister Rishi Sunak, who has already pledged over 200 billion pounds to fight the COVID-19 crisis, will free up more cash on Wednesday against the backdrop of the heaviest public borrowing since World War Two.

Published by Reuters at November 24, 2020 11:50 pm.

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Singapore nearly virus free after local cases and clusters cease.

Having once had the highest COVID-19 rate in Southeast Asia, Singapore has all but eradicated the virus after reporting 14 days without any new local cases on Tuesday, and saying it had snuffed out the last cluster of infection at a worker dormitory.

Published by Reuters at November 24, 2020 11:45 pm.

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Japan fights coronavirus in luxurious style with million-yen masks.

Japanese trend-setters can now protect against the coronavirus in luxurious style with opulent masks adorned with diamonds and pearls for a cool million yen ($9,600) each.

Published by Reuters at November 24, 2020 11:40 pm.

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Oil prices rally further on vaccine optimism despite inventory rise.

Oil rose for a fourth straight day on Wednesday, shrugging off an industry report showing a higher-than-unexpected rise in U.S. crude stockpiles and extending a rally driven by hopes that a COVID-19 vaccine will boost fuel demand.

Published by Reuters at November 24, 2020 11:35 pm.

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Indian stock market rally to continue in 2021 on vaccine hopes - Reuters/Ipsos poll.

India's stock market rally is set to continue and hit new record highs in 2021, according to a Reuters poll of equity strategists who overwhelmingly expected corporate earnings to return roughly to pre-pandemic levels within a year.

Published by Reuters at November 24, 2020 11:20 pm.

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South Korean protests fan COVID-19 fears.

South Korea called on unionists to cancel protests on Wednesday as the country grapples with a third wave of coronavirus infections, warning any violations of social distancing measures will be punished.

Published by Reuters at November 24, 2020 11:15 pm.

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Breakingviews - India adds distress to distressed debt deals.

India’s stressed asset deals are starting to look cosy. Local tycoon Gautam Adani’s roads-to-mining empire narrowly outbid U.S.-based Oaktree with a $4 billion bid for a collapsed housing lender, but it was submitted after a deadline passed and cheekily expanded on its original...

Published by Reuters at November 24, 2020 11:10 pm.

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BOJ digital currency will help boost cryptocurrency trading, says Monex head.

Central bank digital currencies will help boost trading of cryptocurrencies by providing a more convenient platform for converting cryptocurrencies into legal tenders, said Oki Matsumoto, head of Japan's Monex Group.

Published by Reuters at November 24, 2020 10:55 pm.

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NZ cenbank to tighten mortgage lending as prospects for negative rates dim.

New Zealand's central bank on Wednesday said it would re-impose mortgage curbs next year and work with the government on fixing a housing crisis, reinforcing views that deeper cuts to interest rates into negative territory are now less likely.

Published by Reuters at November 24, 2020 10:50 pm.

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Watchdog criticises poor planning that left UK without enough PPE as COVID-19 struck.

Britain's failure to stockpile key pieces of personal protective equipment (PPE) before the coronavirus pandemic left supplies dangerously low and forced the government to pay five times the normal price to meet demand, the public spending watchdog said.

Published by Reuters at November 24, 2020 10:30 pm.

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Australian Open delay 'most likely', says state minister.

The Australian Open is likely to be delayed by a week or two as negotiations between organisers, the tennis tours and the Victoria government over health measures continue, the state's sports minister said on Wednesday.

Published by Reuters at November 24, 2020 10:25 pm.

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Japan MOF panel urges wise spending, budget balance as focus shifts to post-COVID.

Japan must pursue "wise spending" to back digital transformation and better productivity rather than simply boosting the size of stimulus in the wake of the COVID-19 pandemic, an advisory panel to Finance Minister Taro Aso said on Wednesday.

Published by Reuters at November 24, 2020 10:20 pm.

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China construction machinery industry cheers strong 2020 sales but outlook uncertain.

China's strong construction machinery sales are expected to continue until at least early next year but could be hobbled by any slowdown in Beijing's recent infrastructure investment drive, industry executives said.

Published by Reuters at November 24, 2020 10:10 pm.

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U.S. Cabinet official postpones trip to Taiwan.

The cabinet-level head of the U.S. Environmental Protection Agency, Andrew Wheeler, has postponed a visit to Taiwan due to "pressing" priorities at home, his agency said on Tuesday, removing a potential source of friction with Beijing.

Published by Reuters at November 24, 2020 10:05 pm.

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China reports five new COVID-19 cases vs 22 a day earlier.

China recorded five new COVID-19 cases on Nov. 24, down from 22 a day earlier, the national health authority said on Wednesday.

Published by Reuters at November 24, 2020 9:50 pm.

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Dollar under pressure as risk appetite stages a comeback.

The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback to riskier assets.

Published by Reuters at November 24, 2020 9:40 pm.

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Zlatan wins 12th Golden Ball in Sweden, Eriksson wins women's prize.

Zlatan Ibrahimovic won Swedish football's Golden Ball for a record-extending 12th time and Chelsea's Magdalena Eriksson received her first Diamond Ball as the country crowned its best players of the year in on online awards ceremony on Monday.

Published by Reuters at November 24, 2020 9:25 pm.

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Brazil's total coronavirus deaths top 170,000.

Brazil registered 31,100 additional confirmed cases of the novel coronavirus over the last 24 hours and 630 deaths from COVID-19, the Health Ministry said on Tuesday.

Published by Reuters at November 24, 2020 9:10 pm.

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Tokyo to call for shortened hours for bars, restaurants: report.

Tokyo will urge bars and restaurants to operate shortened hours, the latest restriction to be implemented in Japan following sharp rises in COVID-19 infections, media reported on Wednesday.

Published by Reuters at November 24, 2020 9:00 pm.

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The Most Splendid Housing Bubbles in America: Nov. Update.

A pandemic of house price inflation.

Published by Wolf Street at November 24, 2020 8:52 pm.

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Canadian province Alberta bans indoor gatherings to curb COVID-19 spread.

The Canadian province of Alberta said on Tuesday it would ban indoor social gatherings, halt classes for some students and reduce retail store capacities to slow the spread of COVID-19.

Published by Reuters at November 24, 2020 8:45 pm.

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Oil takes breather after vaccine rally as stockpiles rise.

U.S. oil edged lower on Wednesday, after an industry report showed crude stockpiles in the United States rose against expectations, tempering a rally driven by news that another vaccine against COVID-19 had proved effective in trials.

Published by Reuters at November 24, 2020 8:40 pm.

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Colorado Approves Stricter Rules For Oil & Gas Drilling.

The Colorado Oil and Gas Conservation Commission (COGCC) approved this week stricter rules for oil and gas drilling, extending the setbacks for oil wells from homes and schools to 2,000 feet, four times the current buffer, and banning routine flaring as of January 15, 2021. The COGCC had been considering for months changes to the state regulations about oil and gas drilling in Colorado after the state passed in 2019 Senate Bill 181, which says that public health and welfare should be prioritized in the regulation of oil and gas drilling.…

Published by OilPrice.com at November 24, 2020 8:30 pm.

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Nation Still Grappling with Long-Term Care Outbreaks as New Cases Double: This Week in Long-Term Care COVID-19 Data, Nov 24.

Nearly 40 percent of new COVID-19 cases in long-term care facilities came from the Midwest, and just three facilities in Wyoming were home to half of that state’s new resident and staff cases, a dire reminder of how easily COVID-19 spreads within close-contact environments.

Published by The COVID Tracking Project at November 24, 2020 8:29 pm.

The COVID Tracking Project →
AA agrees sale to private equity groups - Financial Times.

British roadside recovery company AA Plc has agreed to be acquired by private equity groups Warburg Pincus International and TowerBrook Capital Partners, the Financial Times reported on Tuesday, citing people familiar with the matter.

Published by Reuters at November 24, 2020 8:10 pm.

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Australia's most populous state eases COVID-19 curbs, urges people return to offices.

Australia's New South Wales (NSW) state will ease social distancing restrictions and remove requirements for companies to allow employees work from home after recording nearly three weeks without any local transmission of COVID-19, Premier Gladys Berejiklian said on Wednesday...

Published by Reuters at November 24, 2020 8:00 pm.

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Hungarian and Polish PMs to meet on Thursday to discuss EU budget veto.

Polish Prime Minister Mateusz Morawiecki will meet Hungarian counterpart Viktor Orban in Budapest on Thursday to discuss their veto of the European Union's budget and recovery fund, a Polish government spokesman said.

Published by Reuters at November 24, 2020 7:45 pm.

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Flirting with record highs: European stocks back to normal in 2021 - Reuters/Ipsos poll.

Optimism around vaccine developments and expectations of a strong bounce in corporate confidence and profitability will push European stocks to near record highs next year, as policymakers look set to keep stimulus flowing.

Published by Reuters at November 24, 2020 7:35 pm.

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Dollar on shaky ground as investors shift to riskier assets.

The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback to riskier assets.

Published by Reuters at November 24, 2020 7:30 pm.

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OxyContin-maker Purdue Pharma admits role in opioid epidemic, pleads guilty to federal charges.

Purdue Pharma, which invented OxyContin, agreed to pay fines of $8 billion, will be effectively dissolved and converted into a benefit company.

Published by USA TODAY at November 24, 2020 7:30 pm.

USA TODAY →
Bitcoin Soars Above $19,000 As Gold Sinks.

Bitcoin bulls have had little to cheer about since the mega-rally of three years ago that saw the bitcoin price rally from under $1,000 to nearly $20,000 in the space of a few weeks. That rally was a speculator’s dream but had all the makings of a massive bubble that could burst at any time. For instance, Bitcoin's big move in 2017 saw the leading crypto spend just a handful of days above $15K before it all came crashing down. The current rally has, however, seen the BTC price record a 60% gain over the past 80 days and not a single daily…

Published by OilPrice.com at November 24, 2020 7:30 pm.

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Pakistan gives U.N. a dossier on India after India submits one on Pakistan.

Pakistan gave U.N. Secretary-General Antonio Guterres a dossier on Tuesday accusing India of stoking terrorism in Pakistan, a day after India provided a dossier to some U.N. Security Council members accusing militants from Pakistan of attempting an attack in the disputed...

Published by Reuters at November 24, 2020 7:10 pm.

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After borrowing surge, UK's Sunak to announce more spending.

British finance minister Rishi Sunak, who has already pledged over 200 billion pounds ($267 billion) to fight the COVID-19 crisis, will free up more cash on Wednesday against the backdrop of the heaviest public borrowing since World War Two.

Published by Reuters at November 24, 2020 7:05 pm.

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Three Key Differences Between Biden And Trump On China.

Given China’s burgeoning role in the Middle East - with Iran and Iraq, in particular, irreplaceable staging posts for Beijing’s multi-layered, multi-generational ‘Belt and Road Initiative’ (BRI) – how U.S. President-elect, Joe Biden, deals with the country is a key question for the oil industry. According to a range of senior sources in Washington close to the new administration and to sources close to the governing administrations in Tehran and Baghdad spoke to exclusively by OilPrice.com last week, the approach of…

Published by OilPrice.com at November 24, 2020 7:00 pm.

OilPrice.com →
Colombia's first lady tests positive for coronavirus.

Colombian first lady Maria Juliana Ruiz has tested positive for coronavirus, the government said on Tuesday, but is asymptomatic.

Published by Reuters at November 24, 2020 6:50 pm.

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Give the coronavirus app bonus benefits to increase downloads, German state says.

Germany's coronavirus tracing app needs to be made more compelling for users by offering fast-track entry to venues and queue jumping for events, according to a proposal by the government of Germany's most populous state.

Published by Reuters at November 24, 2020 6:35 pm.

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A life in colors: NYC celebrates Ruth Bader Ginsburg with East Village mural.

A huge colorful portrait of the late Supreme Court Justice Ruth Bader Ginsburg now greets passersby over an East Village crosswalk in New York City.

Published by Reuters at November 24, 2020 6:30 pm.

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Alabama leads first College Football Playoff committee ranking of the season.

The College Football Playoff ranking was released Tuesday by the 13-person committee with Alabama and Notre Dame leading the Top 25 teams.

Published by USA TODAY at November 24, 2020 6:21 pm.

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Dell sees sales above estimates on booming demand for remote-work tools.

Dell Technologies Inc forecast current-quarter sales above market expectations as a pandemic-driven shift to remote work and learning powered demand for its desktops and notebooks, helping it post a surprise rise in third-quarter revenue.

Published by Reuters at November 24, 2020 6:20 pm.

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Luxury fans in China chase neat shot of investment with vintage Moutai liquor.

As luxury spending rebounds in China, consumers with money to burn have a new habit beyond fancy bags and watches: a taste for collector editions of fiery domestic liquor Moutai, not to drink but to hold onto as a rapidly appreciating investment.

Published by Reuters at November 24, 2020 6:10 pm.

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Hurricanes Eta, Iota hit Nicaragua with $743 million in economic losses.

Nicaragua suffered nearly $750 million in damage from Hurricanes Eta and Iota, the government said on Tuesday, as the Inter-American Development Bank (IDB) promised $1.7 billion in aid for millions of people affected across Central America.

Published by Reuters at November 24, 2020 6:05 pm.

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Need to cancel or change travel plans? What to know about COVID-19 policies for airline, hotels, more.

Airlines, Amtrak and hotels have mostly relaxed their change and cancellation policies to accommodate last-minute changes due to COVID-19.

Published by USA TODAY at November 24, 2020 6:04 pm.

USA TODAY →
The Investment Trend That Could Send Tesla To $2 Trillion.

Hedge fund bulls say Tesla (NASDAQ:TSLA) is on its way to a $2-trillion market cap after gaining 400% this year … It’s already worth 5X the combined value of giants Ford and GM, and it’s an industry disrupter that’s making millionaires out of anyone who ties-in with them. And the auto industry disruption tie-ins are many, varied… and potentially lucrative. From new EV startups and batteries or fuel cells … To ride-sharing with an ESG twist and car subscription companies that are challenging our ideas of ownership.…

Published by OilPrice.com at November 24, 2020 6:00 pm.

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France's Macron eyes COVID-19 vaccination starting by year-end.

French President Emmanuel Macron said on Tuesday a vaccine to prevent COVID-19, the illness caused by the novel coronavirus, could start being administered as soon as the end of the year in France if approved by regulators.

Published by Reuters at November 24, 2020 5:50 pm.

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Analysis: Shocked by sacred sites blast, investors press mining firms to revamp heritage oversight.

Rio Tinto's destruction of sacred Indigenous rock shelters in Australia this year has dismayed and galvanised a swathe of investors who want big changes in how mining firms manage heritage issues and have begun to tell them so.

Published by Reuters at November 24, 2020 5:45 pm.

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Beyonce dominates surprise Grammy field, marked by snub for The Weeknd.

Beyonce dominated nominations for the 2021 Grammy Awards on Tuesday in a field that mostly favored alternative artists over mainstream musicians, topped by a stunning snub for Canadian singer The Weeknd.

Published by Reuters at November 24, 2020 5:40 pm.

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Plasma from recovered patients shows little benefit in those hospitalized with COVID-19: study.

Using blood plasma from COVID-19 survivors to treat patients with severe pneumonia caused by the novel coronavirus showed little benefit, according to data released on Tuesday from a clinical trial in Argentina.

Published by Reuters at November 24, 2020 5:20 pm.

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Saudi cabinet says Houthi attacks target backbone of global economy, security of its supplies: SPA.

Saudi Arabian's cabinet said on Tuesday that Houthi attacks committed against vital installations target the backbone of the global economy and the security of its supplies, state news agency (SPA) reported.

Published by Reuters at November 24, 2020 5:10 pm.

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Michael Jordan's auctioned sneakers from 1991 NBA Finals to give Sonny Vaccaro closure.

A pair of Air Jordans that Michael Jordan gifted to Sonny Vaccaro in 1991 signified the end of Vaccaro's relationship with Nike and MJ.

Published by USA TODAY at November 24, 2020 5:03 pm.

USA TODAY →
Retailers already fear U.S. holiday 'shipageddon'; now here come vaccines.

Deliveries of holiday gifts purchased online at major retailers could get delayed by something far more critical - COVID-19 vaccines.

Published by Reuters at November 24, 2020 5:00 pm.

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Why The Vaccine Oil Rally Won't Last.

Oil is on the rise after a third company developing a vaccine for Covid-19 announced positive efficacy results this week. They may well continue to rise for a while, but it would pay to be careful with betting on an endless rally. Yesterday, after AstraZeneca said its vaccine candidate had 90% efficacy in some cases, oil benchmarks jumped to the highest in three months as traders rushed to build their positions ahead of the rebound that should logically follow a successful vaccination campaign. Fund managers also went on a buying spree, Reuters’s…

Published by OilPrice.com at November 24, 2020 5:00 pm.

OilPrice.com →
American Eagle posts 3% quarterly sales decline on pandemic hit.

American Eagle Outfitters Inc reported an about 3% fall in third-quarter revenue on Tuesday, as store traffic slumped due to the COVID-19 pandemic.

Published by Reuters at November 24, 2020 4:45 pm.

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'On fire with COVID': Officials plead with Americans to stay home.

State and federal officials pleaded with Americans to stay at home and redouble efforts to curtail the coronavirus pandemic on Tuesday, defending unpopular public health measures as record hospitalizations pushed healthcare professionals to the brink.

Published by Reuters at November 24, 2020 4:45 pm.

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Doctors Without Borders to withdraw from Venezuela hospital due to restrictions.

Medecins Sans Frontieres (MSF) will withdraw from a collaboration with a Venezuelan hospital to treat COVID-19 patients due to restrictions on specialists' ability to enter the country, the medical NGO said on Tuesday.

Published by Reuters at November 24, 2020 4:30 pm.

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One of 'the rarest' whales in the world found dead off the coast of North Carolina.

Only five or six are born a year, in part because of the small population of female whales still alive, estimated at around 100.

Published by USA TODAY at November 24, 2020 4:27 pm.

USA TODAY →
Didi launches service in Mexico for women to select only female passengers.

Chinese ride-sharing company Didi began rolling out a service in Mexico this week to let female drivers select only other women as their passengers, a move aimed at encouraging their safety as the country confronts worsening gender violence.

Published by Reuters at November 24, 2020 4:20 pm.

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Gap misses earnings estimates as costs jump, shares tumble.

Gap Inc fell short of Wall Street estimates for quarterly profit on Tuesday, hit by higher marketing and shipping costs due to the shift to online shopping, sending the apparel retailer's shares down about 10% in extended trading.

Published by Reuters at November 24, 2020 4:10 pm.

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Best Buy will exit Mexico as it scales back during COVID-19 crisis.

Best Buy Co Inc will close all its stores in Mexico, the company said on Tuesday, as it anticipates weaker Christmas-season sales amid a spike in COVID-19 cases.

Published by Reuters at November 24, 2020 4:00 pm.

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Can Big Oil Make Carbon Capture Mainstream?

The growing global drive to curb emissions has called attention to the processes of carbon capture, utilization, and storage (CCUS), heralded as an indispensable technology that will help the world reach the much-hyped net-zero emissions. The carbon capture concept and related technologies have been around for years. But the fight against climate change has prompted governments, major oil and gas companies, and scientists to pay more and more attention to the idea that sucking carbon out of industrial emissions or directly from air could be a way…

Published by OilPrice.com at November 24, 2020 4:00 pm.

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Italy coronavirus deaths surge by 853, highest toll since March 28.

Italy reported 853 COVID 19-related deaths on Tuesday, soaring from 630 the day before and the highest daily toll since March 28.

Published by Reuters at November 24, 2020 3:55 pm.

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Oil Price Rally Stalls On Large Crude Build.

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 3.8 million barrels for the week ending November 20. Analysts had predicted an inventory build of just 127,000 barrels, and for the short price run due to favorable covid-10 vaccine news over the last week or so, it likely means curtains. In the previous week, the API reported a build in oil inventories of 4.174-million barrels, after analysts had predicted a build of 1.95 million barrels for the week. Oil prices were trading up on Tuesday afternoon…

Published by OilPrice.com at November 24, 2020 3:53 pm.

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If you're flying for the holidays, take these pandemic health and safety precautions.

Experts say flying is safer than it was earlier in the COVID-19 pandemic because of airlines' changes, but travelers can take precautions, too.

Published by USA TODAY at November 24, 2020 3:40 pm.

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CDC may soon shorten COVID-19 quarantine period.

The U.S. Centers for Disease Control and Prevention may soon shorten the length of self-quarantine period after potential exposure to the coronavirus, a top official said on Tuesday.

Published by Reuters at November 24, 2020 3:35 pm.

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U.S. consumer confidence ebbs; house prices surge.

U.S. consumer confidence fell more than expected in November amid a widespread resurgence in new COVID-19 infections and business restrictions, reinforcing expectations for a sharp slowdown in economic growth in the fourth quarter.

Published by Reuters at November 24, 2020 3:30 pm.

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European Utility Giant To Invest $190 Million In Renewable Infrastructure.

Italy’s Enel plans to invest as much as US$190 billion (160 billion euro) by 2030 in boosting renewable power generation, decarbonization, and grid infrastructure as part of a new plan to become a “Super Major” in renewables, Europe’s largest utility said on Tuesday. Enel also plans to catalyze investments of US$35.5 billion (30 billion euro) from third parties in its plan to accelerate the energy transition. Of all planned investments, Enel will invest US$83 billion (70 billion euro) in renewables, expecting…

Published by OilPrice.com at November 24, 2020 3:30 pm.

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