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Asian shares firm, oil near two-month high after deeper output cut

Asian stocks held firm on Friday as U.S. President Donald Trump's rhetoric kept investors' hopes up on a trade deal with China, while oil sat near two-month highs after producers led by Saudi Arabia and Russia agreed on further output cuts......»»

Category: topSource: reutersDec 5th, 2019

Oil falls as Saudi and Russia quietly agree output rise, U.S. stocks swell

Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output......»»

Category: topSource: reutersOct 4th, 2018

Oil dips as Saudi and Russia quietly agree output rise, U.S. stocks swell

Oil prices on Thursday dipped from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output......»»

Category: topSource: reutersOct 4th, 2018

Oil slips as Saudi and Russia quietly agree output rise, US stocks swell

Oil prices on Thursday slipped from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output......»»

Category: topSource: reutersOct 4th, 2018

Europe Markets: European equities return to record highs, with German stocks boosted by $22 billion property deal

European stocks marched further into the green on Tuesday, surpassing record highs notched in early May, as Germany’s main stock market index was boosted by a $22 billion deal between two property giants......»»

Category: topSource: marketwatchMay 25th, 2021

London Markets: SoftBank’s $2.3 billion deal pushes shares in e-commerce group higher as London stocks slump

Japanese investment giant Softbank’s $2.33 billion investment in THG prompted shares in the online fashion retailer to soar on Tuesday, far outpacing other stocks in London, which faced a down day of trading......»»

Category: topSource: marketwatchMay 11th, 2021

Saudi Arabia"s $400 billion sovereign wealth fund reveals billion-dollar stakes in video game stocks, and almost doubled its holdings of US equities in the 4th-quarter

The kingdom's Public Investment Fund bought a $1.06 billion stake in Electronic Arts and a $1.4 bi.....»»

Category: topSource: businessinsiderFeb 17th, 2021

Saudi Sovereign Wealth Fund Is Betting On These 3 US Video-Game Stocks

Saudi Arabia’s sovereign wealth fund has invested more than $3 billion in shares of video-game companies, according to 13F filings made with the United States Securities and Exchange Commission.  read more.....»»

Category: blogSource: benzingaFeb 17th, 2021

US stocks pull back from record highs as Wall Street"s rally cools

Bitcoin rallied above $48,000 for the first time amid lasting momentum from Tesla's $1.5 billion purchase. Traders work at the New York Stock Exchange in New York, the United St.....»»

Category: worldSource: nytFeb 9th, 2021

The Tell: Year-end fund rebalancing may explain why stocks aren’t rallying despite a $900 billion U.S. fiscal deal

Stock markets may have a tough time extending their gains before the end of 2020 as investors take their chips off the table......»»

Category: topSource: marketwatchDec 22nd, 2020

Oil Market: What"s Saudi Arabia"s Game This Time Around?

In March, Saudi Arabia shocked oil markets by increasing output in the face of collapsing oil demand. Oil market experts have several explanations behind the country's actions.Related Stocks: USO,.....»»

Category: blogSource: gurufocusApr 23rd, 2020

Oil prices soar as OPEC+ prepares to cut supplies

Oil prices jumped on Thursday after sources said Russia and Saudi Arabia have a new deal to cut oil output drastically in response to a collapse in global demand from the coronavirus......»»

Category: topSource: reutersApr 9th, 2020

NewsWatch: 3 S&P sectors climbed this week — here are the stocks that rose and fell the most

Investors anticipate an oil production deal between Saudi Arabia and Russia......»»

Category: topSource: marketwatchApr 4th, 2020

Deep Dive: 3 S&P sectors climbed this week — here are the stocks that rose and fell the most

Investors anticipate an oil production deal between Saudi Arabia and Russia......»»

Category: topSource: marketwatchApr 3rd, 2020

Oil, shares slip as investors doubtful over Saudi-Russia deal

Oil prices shed some of their massive gains on Friday taking stocks in Asia lower, as doubts grew over an oil price deal between Saudi Arabia and Russia that U.S. President Donald Trump said he had brokered......»»

Category: topSource: reutersApr 3rd, 2020

Wall Street gains on oil surge, but off early highs

U.S. stocks rose on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut oil output drove gains, helping to offset the shocking jump in Americans filing for jobless claims due to coronavirus-led lockdowns......»»

Category: topSource: reutersApr 2nd, 2020

Stocks soar on oil"s record gain as Trump expects Russia, Saudi Arabia to cut output

Initial jobless claims of 6.6 million shattered a record set just last week......»»

Category: topSource: foxnewsApr 2nd, 2020

Stocks soar after Trump predicts Russia, Saudi Arabia will slash oil output

Initial jobless claims of 6.6 million shattered a record set just last week......»»

Category: topSource: foxnewsApr 2nd, 2020

Fed"s Fisher Stuns CNBC: "Time To Wean Generation Of Money Managers Off Their Dependency On A Fed Put"

Fed's Fisher Stuns CNBC: "Time To Wean Generation Of Money Managers Off Their Dependency On A Fed Put" With stocks reversing from record highs into correction at the fastest pace since the.....»»

Category: blogSource: zerohedgeFeb 27th, 2020

Exclusive: South Africa seeks to unlock stalled arms sales to Saudi, UAE

South Africa aims to free up over a billion dollars in stalled weapons sales, including to Saudi Arabia and United Arab Emirates, by amending a document at the heart of an export row, a senior arms control official told Reuters......»»

Category: topSource: reutersFeb 8th, 2020