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Oil wavers as coronavirus hits demand and OPEC+ considers deeper cuts

Oil prices were little changed in the face of conflicting signals on Monday, with demand concerns resulting from the coronavirus outbreak countered by the possibility of deeper crude output cuts by OPEC and its allies.



5 years ago

Graphic: Lower and lower - Emerging central banks cut rates for 12th month

The easing cycle at emerging market central banks continued unabated in January with policymakers continuing to join major central banks in efforts to shore up their economies.



5 years ago

Britain's Johnson warns global free trade is being choked

British Prime Minister Boris Johnson set out his negotiating terms for trade talks with the European Union in a speech in London on Monday.



5 years ago

EU seeks ambitious deal with Britain, demands fairness

The European Union wants an ambitious future partnership with Britain, including zero tariffs and quotas, but will demand commitments to ensure open and fair competition, according to the EU's draft mandate for negotiations released on Monday.



5 years ago

UK's access to single market will hinge on alignment with EU: Barnier

Britain's access to the European Union's single market will depend on its alignment with the bloc's rules and regulations, EU Brexit negotiator Michel Barnier said on Friday.



5 years ago

Oracle adds cloud data centers in five countries, sets new 2020 target

Oracle Corp said on Monday it had added new cloud computing data centers in five countries and aims to have them in 36 locations by the end of 2020, as it races with Amazon.com and Microsoft Corp for market share.



5 years ago

Global stocks hover near seven-week lows as virus fears hit China markets after holiday

A gauge of global stocks hovered near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears the coronavirus epidemic would hit Chinese demand.



5 years ago

Citi appoints Peter Crawley as treasury and trade head for Britain and Europe

Peter Crawley has been appointed as Citigroup Inc's Treasury and Trade Solutions (TTS) Head for Britain and Europe, based in London and will move into his new role with effect from April 6, according to a memo seen by Reuters.



5 years ago

Morgan Stanley donates $20 million to children's mental health programs

Morgan Stanley said on Monday it will give $20 million to seven nonprofit groups working to prevent youth suicide and fight depression and other children's mental health problems.



5 years ago

Lawmakers killed this tax strategy for the wealthy. Here's a workaround

New stretch IRA rules diluted a popular tax break for the wealthy, but retirement savers could use a particular type of trust as a workaround.

5 years ago

Oil falls as coronavirus hits demand; OPEC+ considers deeper cuts

Oil prices fell on Monday, dragged down by concern over demand in China after the coronavirus breakout, though the possibility of deeper crude output cuts by OPEC and its allies offered some price support.



5 years ago

Brexit trade deal clash: UK and EU begin sparring over rules

The European Union and Britain clashed over a post-Brexit trade deal on Monday with Prime Minister Boris Johnson insisting he need not sign up to the bloc's rules and Brussels warning of tariffs and quotas unless he did.



5 years ago

What Britain wants: Johnson outlines post-Brexit trade deal

Britain set out the type of deal it wants with the European Union on Monday, defining post-Brexit relations between the world's fifth largest economy and its biggest trading partner.



5 years ago

Credit Suisse proposes crisis manager Meddings for board seat

Credit Suisse proposed on Monday Richard Meddings, a British banker with long experience of crisis management, for election to its board in its first non-executive nomination since the Swiss bank was rocked by a spying scandal.



5 years ago

Merkel prepared for EU treaty changes as Brexit requires bloc to be more competitive

German Chancellor Angela Merkel said on Monday she would be prepared to back changes to the European Union's Lisbon Treaty, the bloc's legal cornerstone if need be, adding that the EU27 must become more competitive now that Britain has left.



5 years ago