newszine

Oil falls on U.S. stockbuild; deeper output cut prospects give support

9 hours ago NAMEX Comments Off on Oil falls on U.S. stockbuild; deeper output cut prospects give support
SINGAPORE (Reuters) – Oil fell on Wednesday after gaining over 1% in the previous session as U.S. industry data showed a bigger-than-expected build in crude stockpiles, but the possibility of deeper output cuts from OPEC and its allies contained the decline. FILE PHOTO: Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang Read More

Brexit overload? Twitter down in major UK cities as MPs debate BoJo’s EU withdrawal plan

21 hours ago NAMEX Comments Off on Brexit overload? Twitter down in major UK cities as MPs debate BoJo’s EU withdrawal plan
Twitter is suffering what some are convinced is a Brexit-related blackout centered around Manchester and London as MPs continue to debate Boris Johnson’s new EU withdrawal deal in the House of Commons. The DownDetector website shows the mass outages across the UK are focused around London and Manchester, but other cities are also affected, including Read More

METALS-Copper flat as traders gauge supply concerns from Chile protests

1 day ago NAMEX Comments Off on METALS-Copper flat as traders gauge supply concerns from Chile protests
(Updates throughout, changes dateline from SINGAPORE) By Peter Hobson LONDON, Oct 22 (Reuters) – Copper prices were nearly flat on Tuesday, as traders gauged the impact of intensifying protests in top producer Chile on supplies. The union of workers at the world’s largest copper mine, BHP’s Escondida, said they would hold a day-long strike on Read More

World in flames: why are protests raging around the globe?

2 days ago NAMEX Comments Off on World in flames: why are protests raging around the globe?
Protests and demonstrations have rocked every corner of the world in recent days, with tax hikes, corruption and supposed environmental injustice all raising public anger. But why have they spread? Watching the news over the last week, one would be convinced that the world has devolved into a series of flashpoints, with corrupt governments across Read More

Chile scrambles to clean up mess after weekend of chaos, violent protests

2 days ago NAMEX Comments Off on Chile scrambles to clean up mess after weekend of chaos, violent protests
By Dave Sherwood and Natalia A. Ramos Miranda A woman walks past a subway station burned during last week’s protests against Chile’s state economic model in Santiago, Chile, October 21, 2019. REUTERS/Edgard Garrido SANTIAGO (Reuters) – Chilean authorities scrambled on Monday to clear wreckage and re-open public transportation in the capital Santiago after a weekend Read More

China seeks $2.4 billion in sanctions against U.S. in Obama-era case: WTO

2 days ago NAMEX Comments Off on China seeks $2.4 billion in sanctions against U.S. in Obama-era case: WTO
GENEVA (Reuters) – China is seeking $2.4 billion in retaliatory sanctions against the United States for non-compliance with a WTO ruling in a tariffs case dating to the Obama era, a document published on Monday showed. FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for Read More

GLOBAL MARKETS-Stocks gain on hopes for progress in trade war and Brexit

2 days ago NAMEX Comments Off on GLOBAL MARKETS-Stocks gain on hopes for progress in trade war and Brexit
LONDON (Reuters) – World shares nudged higher on Monday, as hopes for progress towards resolving the U.S.-China trade war and a belief that Britain will avoid a disorderly exit from the European Union gave cause for riskier bets. FILE PHOTO: A trader works as screens show market data at CMC markets in London, Britain, December Read More

UPDATE 3-Chile’s Pinera extends state of emergency, says ‘we are at war’

2 days ago NAMEX Comments Off on UPDATE 3-Chile’s Pinera extends state of emergency, says ‘we are at war’
By Aislinn Laing and Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile’s government will extend a state of emergency to cities in its north and south, President Sebastian Pinera said late on Sunday, after at least seven people were killed amid violent clashes and arson attacks over the weekend. “We are at war against a Read More

‘We are at war!’ Chile extends curfew, 1,000s of soldiers patrol streets as death toll in violent riots mounts (PHOTOS, VIDEOS)

2 days ago NAMEX Comments Off on ‘We are at war!’ Chile extends curfew, 1,000s of soldiers patrol streets as death toll in violent riots mounts (PHOTOS, VIDEOS)
The Chilean army has declared another curfew as it struggles to contain violence that was triggered by transport fare hikes in Santiago, but has since spilled over beyond the capital, fueled by outrage over social inequality. To prevent looting and arson attacks, thousands of armed troops have been patrolling the capital over the weekend, under Read More

‘Obligation to defend democracy’? Chilean army extends curfew as death toll in violent riots mounts (PHOTOS, VIDEOS)

2 days ago NAMEX Comments Off on ‘Obligation to defend democracy’? Chilean army extends curfew as death toll in violent riots mounts (PHOTOS, VIDEOS)
The Chilean army has declared another curfew as it struggles to contain violence that was initially triggered by transport fare hikes in Santiago, but spilled over beyond the capital, fueled by outrage over social inequality. To prevent looting and arson attacks, thousands of armed troops have been patrolling the capital over the weekend, under the Read More