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Tag: cuts

Stock Market News

Japan’s MUFG bank plans more staff cuts, totalling 8,000 by 2023: Yomiuri By Reuters

April 26, 2020 - by admin

© Reuters. FILE PHOTO: A branch of the Mitsubishi UFJ Financial Group’s bank of Tokyo-Mitsubishi UFJ in Tokyo TOKYO (Reuters) – The banking arm of Mitsubishi UFJ Financial Group Inc …

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Commodities & Futures News

Mexico seeks voluntary pay cuts of 25% at Pemex: letter By Reuters

April 25, 2020 - by admin

© Reuters. The Pemex logo is seen at its headquarters in Mexico City By Adriana Barrera MEXICO CITY (Reuters) – Mexico’s Petroleos Mexicanos (Pemex) is asking some staff to take …

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Commodities & Futures News

Oil Up With Hopes of Production Cuts, But Oversupply Dilemma Remains By Investing.com

April 24, 2020 - by admin

By Gina Lee Investing.com – Oil prices were up on Friday morning in Asia after jumping nearly 20% during its previous session. rose 0.32% to $21.89 by 9:30 PM ET …

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Forex News

Sterling Cuts Gains as Analysts Flag Further Coronavirus Economic Woes Ahead By Investing.com

April 22, 2020 - by admin

© Reuters. By Yasin Ebrahim  Investing.com – The pound erased the bulk of its gains against the dollar on Wednesday as timid inflation data and worries of a deeper coronavirus …

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Economic Indicators News

Mexico Cuts Key Rate 50 Basis Points in Unscheduled Decision By Bloomberg

April 22, 2020 - by admin

© Bloomberg. A pedestrian wearing a protective mask and gloves passes in front of closed kiosks on Santiago Arguello street in Tijuana, Mexico, on March 23. Photographer: Alejandro Cegarra/Bloomberg (Bloomberg) …

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Commodities & Futures News

Day Two of U.S. Oil Horror; June Takes a Hit as Texas Refuses Cuts By Investing.com

April 21, 2020 - by admin

© Reuters. By Barani Krishnan Investing.com – With the speculative crowd moving out of U.S. crude’s expiring spot month, the battered May contract rose from the depths of negative pricing …

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Economic Indicators News

China cuts benchmark rate for second time this year, as widely expected By Reuters

April 20, 2020 - by admin

© Reuters. SHANGHAI (Reuters) – China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted …

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Stock Market News

Pemex slides into junk as Moody’s cuts Mexico credit rating By Reuters

April 18, 2020 - by admin

© Reuters. The logo of Mexican oil company Pemex is pictured at Reynosa refinery, in Tamaulipas state By Stefanie Eschenbacher MEXICO CITY (Reuters) – Ratings agency Moody’s on Friday downgraded …

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Commodities & Futures News

Half of announced North American oil cuts come from just three companies By Reuters

April 17, 2020 - by admin

© Reuters. Chevron oil exploration drilling site near Midland By Arathy S Nair and Shanti S Nair (Reuters) – Numerous U.S. and Canadian oil companies have said they are reducing …

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Commodities & Futures News

Oil Rises as Russia and Saudi Arabia Hint at Further Production Cuts By Investing.com

April 17, 2020 - by admin

© Reuters. By Gina Lee Investing.com – Oil prices were up in Asia on Friday as Russia and Saudi Arabia hinted at further production cuts. The two producers said overnight that they were …

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