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Top News In கடன் சவுதி அரம்கோ Today - Breaking & Trending Today

01Mar2021 Market Close: February 2021 ISM And Markit Manufacturing Surveys Mixed, DOW Closes Sharply Higher +603, Nasdaq +3.0%, Gold Slips 1725, WTI Crude Settles At 60.42


US stocks close higher to kick off March as economic outlook brightens (SPY +2.4%). Iran rejects EU offer to resume nuclear talks with US.
The Market in Perspective
Here are the headlines moving the markets.
Oil Workers Move To Renewable Jobs, But The Pay Is Lower
As thousands of oil and gas jobs disappeared during the oil price and demand crash last year, more and more former oil workers moved to jobs in the clean energy business, but they have also taken a pay cut moving to renewables as the industry still pays lower than oil and gas. During the worst of the 2020 crisis, more than 100,000 jobs were lost in the oil, gas, and chemicals industries in the United States alone. Some of those jobs may never return, Deloitte said in a report in October last year. On the other hand, there is a growing demand for ....

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01Mar2021 Midday Update: Dow Rallies 2%, Heads For Biggest Gain In Nearly 4 Months As Bond Yields Decline, DOW Up Almost 600 Points At 1:30 ET, Nasdaq Up 2.6%, Gold Lower At 1726, WTI Crude Slips To 61.01, Bitcoin 48700


Less than a month ago, Lex Greensill was heralded as the king of supply-chain finance .
London-based Greensill Capital was heralded for apparently revamping the humdrum business of supply-chain finance, a kind of lending that speeds up payments between companies. Bloomberg reported in early Feb that the 44-year-old financier says the firm provided $150 billion to businesses and customers in 175 countries last year.
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Senate Democrats are ditching a proposal to use tax code to penalize corporations which don t raise the minimum wage for their lowest paid workers, according to Bloomberg. According to two anonymous sources, the move comes after Democrats were left seeking alternatives after the Senate parliamentarian nixed raising the federal minimum wage to $15 an hour as part of the $1.9 trillion pandemic relief package. ....

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11Feb2021 Market Close: Wall Street Stocks Put In A Mixed Performance, DOW Closes With Small Loss -7 Points, Nasdaq Closes Up +0.4%, US Dollar 90.38, Bitcoin 47300


UK coronavirus variant on course to sweep the world, leading scientist says
A variant of the coronavirus that first emerged in the U.K. could become the dominant form worldwide, the head of the U.K. s virus surveillance program says.
AstraZeneca sales rise 10% in 2020, drugmaker sees revenue growth ahead
AstraZeneca has featured prominently in 2020 because of its coronavirus vaccine, although it has said will not profit from the inoculations during the pandemic.
Everyone and their (female) pet rabbit was excitedly anticipating the Bumble IPO today and while it opened up 77% from its IPO price, it ended the day well below the $76 open price. ....

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