Archive of 10 April 2019

ECB’s Draghi whets investor appetite for more action

FRANKFURT: ECB President Mario Draghi raised the prospect of more support for the struggling euro zone economy on Wednesday if its slowdown persisted, saying the...

S&P 500, Nasdaq edge higher on tech gains; Fed minutes awaited

Technology stocks lifted the S&P 500 and the Nasdaq on Wednesday, ahead of the release of the Federal Reserve's minutes from its latest policy meeting,...

Oil jumps more than 1 percent as US gasoline stock draw overshadows crude build

NEW YORK: Oil prices rallied more than 1 percent on Wednesday after U.S. data showing a deep drawdown in gasoline stocks overshadowed crude inventories rising...

Germany’s Scholz: Must avoid escalation in EU-US trade dispute

BERLIN: German Finance Minister Olaf Scholz has said financial leaders must use talks in Washington this week to avoid any escalation in trade disputes as...

Med crude-Urals diffs stable, Azeri BTC premiums jump

MOSCOW: Urals differentials were stable on Wednesday as April trading has slowed down, while premiums for May Azeri BTC crude oil cargoes jumped to four-months...

Thousands flee Tripoli homes as battle rages on outskirts

TRIPOLI: Eastern forces and troops loyal to the Tripoli government battled on the outskirts of Libya's capital on Wednesday as thousands of residents fled the...

Israel’s Netanyahu wins re-election, main challenger concedes defeat

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu secured a clear path to re-election on Wednesday, with religious-rightist parties set to hand him a parliamentary majority and...

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