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SEOUL: Oil prices eased slightly on Friday as markets wait to see whether major producers will commit to an extension of record production cuts to support oil prices.
NEW YORK: Stocks slumped in the U.S. and Europe as concern the recent rally had gone too far too fast overshadowed new stimulus measures and encouraging economic data.
LONDON: Oil prices dropped on Thursday on doubts over the ability of crude producers to agree to extend record output cuts, heightened by worries over a build in U.S. fuel inventories.
(Reuters) - Prosecutors seeking to put a former Minneapolis police officer in prison for the death of George Floyd bolstered allegations on the use of force but stopped short of calling the killing intentional in a move legal experts said could ease the path to a conviction.
NEW YORK: Stronger appetite for riskier assets is set to lift Asian equities on Thursday, as government stimulus expectations support investor confidence in an economic recovery from the coronavirus.
NEW YORK: Oil ended slightly higher on Wednesday but remained below the session's early highs above $40 a barrel, the highest since March, retreating as doubts emerged about the timing and scale of a potential extension to the pact between OPEC and its allies to cut crude supplies.
NEW YORK: Brent oil rose above US$40 a barrel for the first time in almost three months on signs that Opec+ producers are close to agreeing on a short extension of their historic deal to cut output
LONDON (Reuters) - MotoGP has set an end of July deadline to decide whether this year's coronavirus-hit championship will be confined to Europe or expand to Asia and the Americas, CEO Carmelo Ezpeleta said on Wednesday.
MINNEAPOLIS (Reuters) - Prosecutors on Wednesday leveled new criminal charges against four Minneapolis policemen implicated in the death of a black man pinned by his neck to the street during an arrest that sparked more than a week of nationwide protest and civil strife.