You have searched for "Crash"
Showing 1-10 of 1860
SAUDI Arabia’s decision last week to deliver a surprise cut of one million barrels a day in its crude production shocked the oil market.In abandoning a policy of collective responsibility and letting other members of the Opec+ grouping increase output while reducing its own, the kingdom took the entire burden of balancing supply and demand on its shoulders.
HONG KONG: Having slumped under the weight of a U.S. executive order, China’s three major telecommunications companies are on the rebound in Hong Kong -- supported by mainland cash.
WASHINGTON/SEATTLE/CHICAGO: Boeing Co will pay over US$2.5 billion to resolve a U.S. investigation into criminal conspiracy charges related to two deadly 737 MAX crashes that killed 346 people, the Justice Department said, but the plane maker will not be required to plead guilty.
SINGAPORE: Trading house Mercuria and Singapore-based asset manager Envysion Wealth Management have agreed to co-invest in mining and energy projects, as default-hit banks tighten their purse strings and leave commodities firms seeking other funding.
SAUDI Arabia certainly put the “rollover” in, well, rollover on Tuesday. Having spent most of 2020 playing disciplinarian in the Opec+ group, the oil giant took the hit itself at the end of the latest meeting.
TRADING from kitchen tables. Chasing takeovers alone by mobile phone. Tracking down N-95 masks for the local hospital.
WASHINGTON: The number of people killed in large commercial airplane crashes rose in 2020 to 299 worldwide, even as the number of crashes fell by more than 50%, a Dutch consulting firm said on Friday
IT was a year full of surprises and of many unprecedented events. Who knew a virus outbreak could shut down global economies, force countries to close their borders and ground airlines?