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Two Houston-area men have been criminally charged with trying to fraudulently sell 50 million N95 respirator masks they did not actually possess to a foreign government at an inflated $317.6 million price, the U.S. Department of Justice said on Tuesday.
Published by Reuters at November 24, 2020 2:20 pm.Reuters → Español →
Officials and well-wishers gathered at Islamabad Zoo on Monday for a farewell party for Pakistan's lonely elephant Kaavan before he sets off for a new life in Cambodia this week.
Published by Reuters at November 24, 2020 2:15 pm.Reuters → Español →
France will start easing its COVID-19 lockdown this weekend so that by Christmas, shops, theatres and cinemas will reopen and people will be able to spend the holiday with their family, President Emmanuel Macron said on Tuesday.
Published by Reuters at November 24, 2020 2:10 pm.Reuters → Español →
Spanish Prime Minister Pedro Sanchez on Tuesday backed Germany's view that Europe would not be able to provide for its own security without U.S. and NATO help, distancing him from a call by France for an independent European defence strategy.
Published by Reuters at November 24, 2020 2:00 pm.Reuters → Español →
Bullish sentiment has once again taken over oil markets as news of a third highly-effective coronavirus vaccine drives hopes of a global demand recovery in 2021Chart of the Week - In August 2020, U.S. offshore production fell by the most on a monthly basis since September 2008, due to several hurricanes.- Offshore output fell by 453,000 bpd, or a decline of 27%.- Production fell to 1.2 mb/d for the month, a seven-year low.- EIA expects output to recover to nearly 1.92 mb/d…
Published by OilPrice.com at November 24, 2020 2:00 pm.OilPrice.com → Español →
Sweden's foreign minister said on Tuesday she had spoken to her Iranian counterpart after reports Iran may soon enforce a death sentence on Swedish-Iranian scientist Ahmadreza Djalali.
Published by Reuters at November 24, 2020 1:50 pm.Reuters → Español →
I built my reputation on being a blunt, honest and a bit off the center of mainstream. At the same time, no one wants to purposefully alienate half of their clients (or listeners or readers). On occasion, it can be a challenge to thread that needle. When the Matt Phillips of the New York…
Published by The Big Picture at November 24, 2020 1:44 pm.The Big Picture → Español →
Elon Musk is now the second-richest person in the world, at least on paper, but he has a long way to go in catching up to the newly-displaced Bill Gates in impact. The Tesla and SpaceX mogul’s wealth edged past the Microsoft founder’s at just under $128 billion on Monday...
Published by Reuters at November 24, 2020 1:35 pm.Reuters → Español →
U.S. websites have seen a surge in travelers seeking expensive ironclad insurance this Thanksgiving, as Americans desperate to break the monotony of a year spent at home look to cover themselves against coronavirus-related risks.
Published by Reuters at November 24, 2020 1:30 pm.Reuters → Español →
In what could mark the beginning of another era of the "space race", China has officially launched an unmanned spacecraft to the moon with plans of bringing back lunar rocks. It marks the first attempt by any nation to retrieve rocks from the moon since the 1970s. On Monday, Reuters confirmed the launch: China's probe, the Chang'e-5, sets off with the goal of China learning more about the moon's origin and formation. If China succeeds, it will be only the third country to have retrieved samples from the moon - behind the U.S. and Soviet Union,…
Published by OilPrice.com at November 24, 2020 1:30 pm.OilPrice.com → Español →
Home Depot Inc, the largest U.S. home improvement retailer, on Tuesday reached a $17.5 million settlement to resolve a multistate probe into a 2014 data breach where hackers accessed payment card data belonging to 40 million customers.
Published by Reuters at November 24, 2020 1:25 pm.Reuters → Español →
Twitter Inc on Tuesday released plans for its new policy on how people are "verified" on the site, an area the company has long promised to revamp to address confusion and criticisms over the blue check-mark badges it uses to authenticate the identity of prominent accounts.
Published by Reuters at November 24, 2020 1:20 pm.Reuters → Español →
Shares of Ozon Holdings Plc soared more than 40% in their debut on Tuesday, after the Russian online retailer raised nearly $1 billion in its upsized initial public offering.
Published by Reuters at November 24, 2020 1:15 pm.Reuters → Español →
India's ruling Hindu nationalist party approved a decree in the country's most populous state on Tuesday laying out prison terms for anyone compelling others to convert their faith or luring them into these conversions through marriage, officials said.
Published by Reuters at November 24, 2020 1:10 pm.Reuters → Español →
The emergency lending facilities set up by the Federal Reserve to stabilize markets in the spring were successful and could be restarted later if needed after they expire at year end, New York Federal Reserve Bank President John Williams said on Tuesday.
Published by Reuters at November 24, 2020 1:05 pm.Reuters → Español →
U.S. officials said on Tuesday they plan to release 6.4 million COVID-19 vaccine doses nationwide in an initial distribution after the first one is cleared by regulators for emergency use.
Published by Reuters at November 24, 2020 1:00 pm.Reuters → Español →
An analysis published by Wood Mackenzie forecasts that thermal coal imports will increase in December in China. According to the market analyst, seaborne thermal coal imports will grow from 9.5 Mt to 20 Mt in December. This new figure is much higher than the 8.8 Mt in September or the 17.7 Mt average of the first nine months of the year. In WoodMac’s view, the increase will work to ease domestic prices and strengthen seaborne prices. The scenario that leads to such growth is based on a series of factors that have hindered the National Development…
Published by OilPrice.com at November 24, 2020 1:00 pm.OilPrice.com → Español →
The U.S. securities regulator on Tuesday proposed a pilot program to allow tech companies like Uber and Lyft to pay gig workers up to 15% of their annual compensation in equity rather than cash, a move it said was designed to reflect changes in the workforce.
Published by Reuters at November 24, 2020 12:55 pm.Reuters → Español →
Enel's head said on Tuesday it could be the right time for the Italian utility to exit broadband operator Open Fiber as an offer by Australian fund Macquarie gives the group a big opportunity to monetise its investment.
Published by Reuters at November 24, 2020 12:50 pm.Reuters → Español →
St. Louis Federal Reserve President James Bullard on Tuesday said recent developments regarding the success of several coronavirus vaccine candidates suggests an end to the health and economic crisis may be coming into view.
Published by Reuters at November 24, 2020 12:30 pm.Reuters → Español →
A week before OPEC is set to decide whether to roll over the current cuts into 2021, reports of renewed tensions within the cartel once again call into question the future of the organization, Goldman Sachs said on Tuesday. “Beyond the outcome of just another quota decision, however, there are renewed concerns about the future of the organization,” analysts at the Wall Street bank said in a note, as carried by CNBC. OPEC is meeting on November 30, and the full OPEC+ group meets a day later to decide whether the alliance…
Published by OilPrice.com at November 24, 2020 12:30 pm.OilPrice.com → Español →
Purdue Pharma LP pleaded guilty to criminal charges over the handling of its addictive prescription painkiller OxyContin, capping a deal with federal prosecutors to resolve an investigation into the drugmaker's role in the U.S. opioid crisis.
Published by Reuters at November 24, 2020 12:20 pm.Reuters → Español →
Elderly residents and staff in nursing homes will be the first to get vaccinated against the coronavirus in Spain, starting as early as January, Health Minister Salvador Illa said on Tuesday, unveiling a national vaccination plan.
Published by Reuters at November 24, 2020 12:20 pm.Reuters → Español →
Two bomb blasts killed at least seven people and wounded scores on Tuesday in areas of northwest Syria near the Turkish border and under heavy Turkish influence, witnesses and police sources said.
Published by Reuters at November 24, 2020 12:10 pm.Reuters → Español →
The South African government is going with the COVAX global COVID-19 vaccine distribution scheme, with a committed purchase for 10% of its population of 58 million, a senior health official said on Tuesday.
Published by Reuters at November 24, 2020 12:00 pm.Reuters → Español →
Drones have boomed in 2020 thanks to their innovative use for delivery services in a time where pandemic restrictions have limited the movement of people across the globe. However, the flying machines that were mostly used for leisure purposes until recently could serve as very important tools for greater surveillance and maintenance in the energy sector. With over a million new drones being purchased over the last four years, what was once a niche tech trend is becoming the norm for monitoring and surveillance. Sales of high-precision commercial-grade…
Published by OilPrice.com at November 24, 2020 12:00 pm.OilPrice.com → Español →
China's premier Li Keqiang said on Tuesday he expects economic activity in the country can return to a reasonable range next year, after the impact of the coronavirus pandemic on GDP growth in 2020.
Published by Reuters at November 24, 2020 11:50 am.Reuters → Español →
The Dow Jones Industrial Average breached the 30,000-mark for the first time on Tuesday, as optimism that COVID-19 vaccines will open the way to economic recovery next year fueled Wall Street's rebound from a pandemic-driven crash this year.
Published by Reuters at November 24, 2020 11:45 am.Reuters → Español →
The GAVI vaccine alliance on Tuesday welcomed Astrazeneca's interim data on efficiency of its COVID-19 vaccine, calling it "positive news for the COVAX vision of equitable access" for vulnerable groups worldwide.
Published by Reuters at November 24, 2020 11:35 am.Reuters → Español →
Elliott Advisors is trying to raid the cookie jar. The U.S. hedge fund, led by billionaire Paul Singer, is planning a 793 million Swiss franc (733 million euros) bid for debt-laden baker Aryzta, maker of Otis Spunkmeyer biscuits. Yet with the pandemic easing, the Swiss group...
Published by Reuters at November 24, 2020 11:30 am.Reuters → Español →
Russia's Defense Ministry says a U.S. Navy destroyer has left Russian waters in the Far East after being warned it might be rammed. The ministry said in a statement that the USS John S. McCain, which the United States said was "challenging Russia's excessive maritime claims," ventured 2 kilometers into Russian territorial waters in the Peter the Great Gulf, near the eastern Russian port city of Vladivostok, before turning back after receiving a warning from the Admiral Vinogradov vessel. "The Pacific Fleet's Admiral Vinogradov anti-submarine destroyer…
Published by OilPrice.com at November 24, 2020 11:30 am.OilPrice.com → Español →
JPMorgan Chase & Co has agreed to pay $250 million for risk management and other control failings in its asset and wealth management business, a U.S. regulator said on Tuesday, in the second chunky penalty for the bank in less than two months.
Published by Reuters at November 24, 2020 11:20 am.Reuters → Español →
Companies that have benefitted from the coronavirus crisis, such as Amazon and drugmakers, should join wealthy countries in helping to fund access to vaccines for poorer nations, Germany's international development minister said on Tuesday.
Published by Reuters at November 24, 2020 11:10 am.Reuters → Español →
President Tayyip Erdogan's decision to oust Turkey's central bank chief this month was made hours after briefings on the fragile state of the economy, a snap judgement that prompted his son-in-law to resign as finance minister, four sources said.
Published by Reuters at November 24, 2020 11:00 am.Reuters → Español →
Oil prices soared on Tuesday morning to their highest level since early March after another pharmaceutical alliance announced a high level of protection of a vaccine candidate and after U.S. President Donald Trump allowed the transition to Joe Biden’s administration to begin. As of 10:35 a.m. ET on Tuesday, WTI Crude was surging by 4.11 percent at $44.80, closing in to the $45 a barrel mark, while Brent Crude was up 3.34 percent at $47.60. The last time WTI Crude traded at $45 per barrel was eight months ago, in early March this year, just…
Published by OilPrice.com at November 24, 2020 11:00 am.OilPrice.com → Español →
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 10:50 am.Reuters → Español →
Pharmaceutical company Pfizer Inc's COVID-19 vaccine could arrive in Mexico in December if it is approved by the country's health regulator, Cofepris, Mexico's foreign minister said on Tuesday.
Published by Reuters at November 24, 2020 10:40 am.Reuters → Español →
European regulators on Tuesday began the timetable for a return of the Boeing 737 MAX to Europe's skies early next year after an almost two-year flight ban caused by fatal crashes.
Published by Reuters at November 24, 2020 10:35 am.Reuters → Español →
Advisory Committee on Immunization Practices weighs crucial questions on the minds of millions: When can I get a COVID vaccine and will one be safe?
Published by USA TODAY at November 24, 2020 10:30 am.USA TODAY → Español →
The United States kept the top spot ahead of China as the world’s most attractive country for renewables investment and deployment in EY’s latest Renewable Energy Country Attractiveness Index (RECAI) published on Tuesday. The index, which EY publishes twice a year, saw the U.S. overtake China in its May report to become the world’s most attractive country for investments in renewable energy. At the time, the consultancy said that and the prospects for the U.S. renewables sector after the pandemic remained bright despite…
Published by OilPrice.com at November 24, 2020 10:30 am.OilPrice.com → Español →
Ethiopia's state-appointed rights watchdog accused a Tigrayan youth group on Tuesday of killing hundreds of civilians as federal and local forces both claimed advances in a three-week war in the country's mountainous north.
Published by Reuters at November 24, 2020 10:15 am.Reuters → Español →
AstraZeneca must provide reassurance that it will not profit from its potential COVID-19 vaccine, non-governmental organisation Medecins Sans Frontieres (MSF) said on Tuesday, urging the company to make public its supply contracts.
Published by Reuters at November 24, 2020 10:10 am.Reuters → Español →
What a difference a year makes. In 2019, Ethiopian Prime Minister Abiy Ahmed was basking in the adulation of a Nobel Peace Prize and his country’s economy was expanding at nearly 10%. Now, the government says its tanks are about to besiege a rebellious regional capital,...
Published by Reuters at November 24, 2020 10:03 am.Reuters → Español →
U.S. federal agencies have begun scrutinizing lenders for potential misconduct when distributing $525 billion in pandemic aid to struggling small businesses, according to half a dozen people with knowledge of the matter, regulatory filings and statements. The sources told...
Published by Reuters at November 24, 2020 10:00 am.Reuters → Español →
Unusually high open interest in West Texas Intermediate was one of the two causes for the benchmark plunging into negative territory in late April, according to a report by the U.S. Commodity Futures Trading Commission. The high open interest, the report said, coincided with a shortage in storage space and the unprecedented destruction of demand resulting from the coronavirus pandemic. The report added that open interest in WTI reached 634,727 contracts on April 2. This compared to a 12-month average peaking at 430,000 contracts. The price of West…
Published by OilPrice.com at November 24, 2020 10:00 am.OilPrice.com → Español →
Switzerland is on its way towards halving the number of new COVID-19 infections every two weeks thanks to strict measures in the country's west that was particularly hard hit by the second wave of the virus, officials said on Tuesday.
Published by Reuters at November 24, 2020 9:40 am.Reuters → Español →
Goldman Sachs said on Tuesday it will launch a share trading hub in Paris, in the sector's latest move to avoid disruption to customers after Britain's full departure from the European Union next month.
Published by Reuters at November 24, 2020 9:35 am.Reuters → Español →
Ford Motor Co said on Tuesday it has ordered a dozen ultra-cold freezers that can safely store Pfizer Inc's COVID-19 vaccine, a move aimed at ensuring the U.S. automaker's workers have access to vaccines when they are rolled out nationally.
Published by Reuters at November 24, 2020 9:30 am.Reuters → Español →
Iraq is working on its first-ever deal to sell oil and get the payment in advance as the country struggles to shore up its finances. Reuters cites a letter by Iraq’s oil marketing company, SOMO, that seeks a five-year prepayment deal starting next January, to remain in effect until December 2025. Iraq will supply the taker or takers with Basrah crude, the report said. “Prepaid oil cargoes are part of an urgent plan to boost state budget and overcome financial crisis. We have obligations towards OPEC to cut output, we have to repay foreign…
Published by OilPrice.com at November 24, 2020 9:30 am.OilPrice.com → Español →
The Spanish government is to propose a "different" Christmas and New Year under coronavirus restrictions with just six people at parties, although it hopes the "soul and spirit" of the festive season will still shine, El Mundo newspaper reported on Tuesday.
Published by Reuters at November 24, 2020 9:20 am.Reuters → Español →
Never has the committee needed to take so many factors into account, including the variety in games played across every Power Five league.
Published by USA TODAY at November 24, 2020 9:15 am.USA TODAY → Español →
Japan's justice minister on Tuesday criticised a written opinion by a United Nations panel, saying that claims that former Nissan Chief Executive Carlos Ghosn had been treated unfairly under the Japanese legal system were based on "factual errors".
Published by Reuters at November 24, 2020 9:10 am.Reuters → Español →
Prime Minister Giuseppe Conte has warned Italians not to ski during the Christmas holidays to help curb a second wave of the coronavirus pandemic that has killed more than 50,000 people in Italy.
Published by Reuters at November 24, 2020 9:00 am.Reuters → Español →
The American Petroleum Institute will use "every tool at its disposal" to fight president-elect Joe Biden if he goes ahead with plans to restrict oil and gas drilling on federal lands, the chief executive of the industry group told Reuters in an interview. There have been multiple reports referring to a "fracking ban" proposed by Biden, and President Donald Trump accused his Democratic rival in the November elections of wanting to end fracking on the campaign trail. Yet a fact-check from CNN notes that despite the confusing remarks Biden has made…
Published by OilPrice.com at November 24, 2020 9:00 am.OilPrice.com → Español →
Scotland's High Court was told on Tuesday that the conviction of a Libyan man over the 1988 Lockerbie aircraft bombing, the deadliest militant attack in British history, rested on evidence that was badly flawed.
Published by Reuters at November 24, 2020 8:50 am.Reuters → Español →
The European Union could produce enough batteries by 2025 to power its fast-growing fleet of electric vehicles without relying on imported cells, European Commission Vice President Maros Sefcovic said on Tuesday.
Published by Reuters at November 24, 2020 8:45 am.Reuters → Español →
General Electric Co warned employees of more job cuts at its aviation unit as the COVID-19 pandemic continues to impact commercial air travel, the Wall Street Journal reported on Tuesday, citing an internal video message.
Published by Reuters at November 24, 2020 8:40 am.Reuters → Español →
Unpacking why Penn Station, a critical artery of the Northeast Corridor, has spiraled into crisis and whether the pandemic sparked a way to save it.
Published by USA TODAY at November 24, 2020 8:15 am.USA TODAY → Español →
While the words shark and Australia typically conjure up images of attacks on swimmers and surfers, 11-year-old Billie Rea didn't think twice in rescuing a shark trapped by the low tide in a rock pool and carrying it to deeper water.
Published by Reuters at November 24, 2020 8:05 am.Reuters → Español →
Folks might be tempted to head outside to get together and safely practice social distancing this Thanksgiving. But will the weather cooperate?
Published by USA TODAY at November 24, 2020 8:00 am.USA TODAY → Español →
Dollar Tree Inc reported better-than-expected quarterly results on Tuesday, as the discount store operator benefited from higher demand for cheaper groceries and household items during a coronavirus-induced economic downturn.
Published by Reuters at November 24, 2020 7:55 am.Reuters → Español →
Best Buy Co Inc held back from issuing a holiday-quarter forecast on Tuesday, saying it was unsure if a sales boom fueled by demand for remote-work computer equipment was sustainable as the COVID-19 pandemic rages on in the United States.
Published by Reuters at November 24, 2020 7:50 am.Reuters → Español →
The Kremlin said on Tuesday Russia's healthcare system was under heavy strain as authorities reported a record 491 deaths linked to COVID-19 and infections surged.
Published by Reuters at November 24, 2020 7:40 am.Reuters → Español →
Russia's Sputnik V COVID-19 vaccine will cost under $20 per person on international markets and Moscow aims to produce more than a billion doses at home and abroad next year, its financial backers and developers said on Tuesday.
Published by Reuters at November 24, 2020 7:30 am.Reuters → Español →
Food and Drug Administration Commissioner Dr. Stephen Hahn discussed the vaccine approval process and how the FDA will evaluate immunization safety.
Published by USA TODAY at November 24, 2020 7:30 am.USA TODAY → Español →
Going Door to Door: Mexico City’s Response To Child Recruitment
Officials in Mexico City have launched a new program which will seek to impede criminal networks from recruiting minors across its Historic Center, suggesting the capital's government is taking an increasingly targeted approach to hamper the enlistment of children and teenagers in organized crime.
Published by InSight Crime at November 24, 2020 7:25 am.InSight Crime → Español →
Airlines are on course to lose a total $157 billion this year and next, their main global body warned on Tuesday, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets.
Published by Reuters at November 24, 2020 7:15 am.Reuters → Español →
U.S. airlines are adding flights, and in some cases COVID-19 testing programs, for travel to Mexico and the Caribbean, a region central to carriers' strategies to tap into pockets of holiday demand before a vaccine makes its way around the world. Beachside resort destinations...
Published by Reuters at November 24, 2020 7:00 am.Reuters → Español →
A Turkish court on Tuesday added new defendants to the case against Saudi officials charged over the murder of journalist Jamal Khashoggi, state media reported, in a trial that Ankara says is needed to reveal the full truth behind the killing.
Published by Reuters at November 24, 2020 6:50 am.Reuters → Español →
The European Union has reached a deal with U.S. biotech firm Moderna for the supply of its COVID-19 vaccine candidate, the head of the European Commission said on Tuesday.
Published by Reuters at November 24, 2020 6:45 am.Reuters → Español →
Dozens of nations began pledging billions of dollars in aid for Afghanistan at a conference in Geneva on Tuesday, hoping that peace negotiations recently begun between the government and the Taliban will end nearly two decades of war.
Published by Reuters at November 24, 2020 6:40 am.Reuters → Español →
Cold-storage specialist va-Q-tec is significantly expanding its fleet of 2,500 rental containers to meet growing demand to transport COVID-19 vaccines that need to be kept as low as -70 degrees Celsius (-94°F), its chief executive said.
Published by Reuters at November 24, 2020 6:35 am.Reuters → Español →
Sweden's health watchdog said on Tuesday it had uncovered "serious shortcomings" in COVID-19 care for residents of nursing homes where thousands have died, increasing pressure on the country's unorthodox pandemic strategy.
Published by Reuters at November 24, 2020 6:20 am.Reuters → Español →
Spice maker McCormick & Co Inc said on Tuesday it would buy hot-sauce maker Cholula's parent from private equity firm L Catterton for $800 million, as it looks to cash in on robust demand for packaged foods during the COVID-19 pandemic.
Published by Reuters at November 24, 2020 6:10 am.Reuters → Español →
Ghislaine Maxwell has been quarantined after staff tested positive for coronavirus at the jail where she is awaiting trial on charges she aided late financier Jeffrey Epstein's sexual abuse of girls, U.S. prosecutors said in a letter on Monday.
Published by Reuters at November 24, 2020 6:10 am.Reuters → Español →
Most road surfaces in the U.S. look pretty similar, so you might think they’re all the same. But they’re not. Transportation engineers design asphalt roads specifically for the local climate, considering temperature, precipitation, and humidity. “The material that we use ...
Published by Yale Climate Connections at November 24, 2020 6:00 am.Yale Climate Connections → Español →
Ryanair hopes to place additional orders for Boeing's freshly approved 737 MAX in talks that are set to conclude late this year or in early 2021, CEO Michael O'Leary said in an interview on Tuesday.
Published by Reuters at November 24, 2020 5:55 am.Reuters → Español →
A police officer who denied asking Canadian border agents for Huawei Chief Financial Officer Meng Wanzhou's phone and laptop passcodes on the day of her arrest two years ago will continue to face cross-examination on how he obtained them Tuesday.
Published by Reuters at November 24, 2020 5:50 am.Reuters → Español →
My Two-for-Tuesday morning train WFH reads: • This American Mess: Thanksgiving is here. Unfortunately, America is all over the place. Half of the states have travel restrictions of some kind. 4 out of 5 epidemiologists are having Thanksgiving at home with just their household. The C.D.C. is begging people to stay home over the holidays in…
Published by The Big Picture at November 24, 2020 5:45 am.The Big Picture → Español →
Millions of Americans appeared to be disregarding public health warnings and traveling ahead of the Thanksgiving holiday, likely fueling an alarming surge in coronavirus infections before a series of promising new vaccines are expected to become widely available.
Published by Reuters at November 24, 2020 5:45 am.Reuters → Español →
United Nations Secretary-General Antonio Guterres called on Tuesday for an "immediate, unconditional ceasefire" in Afghanistan to create a conducive environment for Doha peace talks with the Taliban.
Published by Reuters at November 24, 2020 5:40 am.Reuters → Español →
The British government launched a website on Tuesday warning digital and technology firms of the ethical, legal and commercial risks of expanding into China and accepting Chinese investment.
Published by Reuters at November 24, 2020 5:35 am.Reuters → Español →