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MARKET SNAPSHOT: U.S. Stocks Poised For 6 Wins In A Row, But OPEC Lies In Wait
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Thursday, 25 May
OPEC extends oil output cut by nine months: delegate
36m ago - VIENNA (Reuters) - OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, an OPEC delegate said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.
Lack of new launches leaves Ford playing catchup with GM
3m ago - James Hackett spent the last year plotting Ford Motor Co's long-term self-driving car strategy. In his first week as...
Shell, ConocoPhillips oil sands share selloff risks flooding market
3h ago - Canadian equity markets risk being swamped with oil sands company shares this year as Royal Dutch Shell and...
UK's fraud office questions Petrofac CEO, COO over Unaoil
17m ago - Oilfield services provider Petrofac's chief executive and chief operating officer have been questioned by Britain's...
World stocks hit record after Fed minutes, oil up as OPEC meets
1h ago - World stocks hit record highs on Thursday and the dollar dipped after the U.S. Federal Reserve signaled caution in...
Bank of China main backer as ChemChina raises $20 billion for Syngenta deal
47m ago - ChemChina has raised $20 billion mainly in perpetual bonds to finance its purchase of Swiss seeds firm Syngenta ,...
China's Lenovo returns to profit as PC performance beats overall market
2h ago - China's Lenovo Group Ltd, the world's largest personal computer maker, on Thursday said it returned to profit in a...
IMF approves $5.5 billion bailout package for Mongolia
3h ago - The International Monetary Fund said on Thursday it approved a total financial package worth around $5.5 billion to...
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