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Virtual Group of 20 summit opens in Saudi Arabia with pandemic casting economic shadows

The head of the European Commission expressed hope that President-elect Biden would rebuild U.S. ties with the world......»»

Category: topSource: washpostNov 21st, 2020

Virtual Group of 20 summit opens in Saudi Arabia with vaccines offering hope amid economic squeeze

The head of the European Commission expressed hope that President-elect Joe Biden would rebuild U.S. ties with the world......»»

Category: topSource: washpostNov 21st, 2020

Brent crude sinks below $30 a barrel as recession fears weigh

Crude oil prices settled below $30 a barrel on Tuesday as the coronavirus pandemic slowed economic growth and oil demand while Saudi Arabia and Russia kept up their battle for market share......»»

Category: topSource: reutersMar 17th, 2020

Brent crude sinks below $30/bbl as recession fears weigh

Crude oil prices settled below $30 a barrel as the coronavirus pandemic slowed economic growth and oil demand on Tuesday while Saudi Arabia and Russia kept up their battle for market share......»»

Category: topSource: reutersMar 17th, 2020

Saudi economic forum opens but many absent over Khashoggi

A high-profile economic forum in Saudi Arabia has begun in Riyadh, the kingdom's first major event on the world stage since the killing of writer Jamal Khashoggi at the Saudi Consulate in Istanbul earlier this month......»»

Category: topSource: foxnewsOct 23rd, 2018

Saudi Crown Prince sidelined in G20 family photo

Saudi Arabia's Crown Prince Mohammed bin Salman was sidelined during the official "family photo" of world leaders and other dignitaries at the Group of 20 summit in Buenos Aires on Friday, standing at the far edge of the group portrait and ignored......»»

Category: topSource: reutersNov 30th, 2018

Group of 20 leaders call for global coronavirus vaccine access as U.S. labs near approval

The opening day of the virtual G-20 summit drew contrasts with Trump’s go-it-alone approach......»»

Category: topSource: washpostNov 21st, 2020

Economic Report: U.S. wholesale prices climb for 6th straight month, PPI shows, on higher food costs

U.S. wholesale prices rose again in October, but there was little evidence of widespread inflation bubbling up in the economy with the coronavirus pandemic still casting a large shadow. The producer price index advanced 0.3% last month......»»

Category: topSource: marketwatchNov 13th, 2020

Saudi Arabia is pressing ahead to realize MBS"s pet projects — like a $500 billion futuristic megacity — bypassing budget cuts and shrugging off the pandemic

Crown Prince Mohammed's projects include the Neom megacity, an entertainment-themed city, and two luxury coastal res.....»»

Category: topSource: businessinsiderSep 24th, 2020

State of Energy: Experts point to where the energy industry is going

Houston’s energy sector has had a rough go recently, between ongoing social distancing measures due to the Covid-19 pandemic and a price war between Russia and Saudi Arabia.  The combined pressures have leaders expecting the downturn to la.....»»

Category: topSource: bizjournalsSep 11th, 2020

NRG"s new Capitol Hill food hall opens with two concepts. More will follow.

Neighborhood Restaurant Group is officially opening its long-awaited food hall The Roost under less-than-ideal circumstances given the Covid-19 pandemic. On Thursday, coffee shop Cameo and retailer Shop Made in D.C. will open stalls at the 12,5.....»»

Category: topSource: bizjournalsSep 9th, 2020

‘The U.S. won’t be the locomotive’ as the world economy tries to recover from COVID-19

The United States’ fumbling response to the pandemic and its dithering over a new aid package is casting doubt on its economic prosp.....»»

Category: personnelSource: nytAug 11th, 2020

Zillow Group President Jeremy Wacksman helped grow instant-homebuying platform

The pandemic has heightened demand for Zillow Offers and other virtual homebuying and selling tools that Zillow Group provides......»»

Category: topSource: bizjournalsJul 31st, 2020

FreightWaves 3PL Summit: Managing Deal Flows During A Pandemic

The economic impact of COVID-19 on the mergers and acquisitions market has made it more challenging to complete deals, said Jason Bass, managing director at middle-market investment bank Harris Williams. read more.....»»

Category: blogSource: benzingaJul 21st, 2020

NM companies report mass layoffs

Four New Mexico companies have notified the state of impending layoffs, and three of the firms cited economic struggles from the Covid-19 pandemic as reasons for the job cuts. Desert Premium Group LLC, Zia Park Casino Hotel & Racetrack, Spire Hosp.....»»

Category: topSource: bizjournalsJul 16th, 2020

The Wall Street Journal: OPEC and allies set to ease oil output cuts, anticipating demand recovery

An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns......»»

Category: topSource: marketwatchJul 11th, 2020

Dow opens with 170 point drop as jobless claims stay elevated

U.S. stocks fell at the start of Thursday after the number of Americans filing for unemployment benefits stayed stubbornly high, casting doubt on hopes of a swift economic rebound. The S&P 500 was down 0.4% to 3,.....»»

Category: topSource: marketwatchJun 18th, 2020

Stocks gain on quick economic revival hopes, oil slides

A gauge of global equity markets rose on Monday on hopes of a fast recovery from the coronavirus economic slump while oil slid after Saudi Arabia said an extension of output cuts by producer nations would not include extra cuts by three Gulf countries......»»

Category: topSource: reutersJun 8th, 2020

Wall Street opens higher on economic rebound hopes

Wall Street's main indexes opened higher on Monday, building on last week's rally after a surprise rebound in jobs bolstered views that the U.S. economy has weathered the worst of the economic fallout from the COVID-19 pandemic......»»

Category: topSource: reutersJun 8th, 2020

Hawaii Economic Association event features Alan Oshima

Alan Oshima, Hawaii’s economic and community recovery navigator charged with leading the state’s economic recovery from the Covid-19 pandemic, will give a presentation to the Hawaii Economic Association during a free virtual event Thursday. O.....»»

Category: topSource: bizjournalsJun 3rd, 2020

Alibaba extends its reach in China as coronavirus outbreak opens doors

Alibaba Group Holding Ltd is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its status as a critical part of the country's socio-economic engine......»»

Category: topSource: reutersMay 28th, 2020