Fox Business Flash top headlines for February 16 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Bullish oil prices marked time on Wednesday, as support from supply disruptions in the U.S. south caused by an Arctic blast was offset by expectations that OPEC+ producers may ease their output curbs after April. Continue Reading Below U.S. West Texas […]
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HOUSTON (Reuters) – The U.S. deep freeze will wreak havoc on oil and gas production for several days if not weeks, according to industry experts, as companies deal with frozen equipment and a lack of power to run operations.FILE PHOTO: A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S., February 10, […]
Read more(Reuters) – Chinese cinemas racked up record box-office revenues during the week-long Lunar New Year holiday, as coronavirus travel curbs compelled millions to forego visits home during what is usually the world’s biggest annual domestic migration.Slideshow ( 4 images )Revenues touched 6.96 billion yuan ($1.08 billion) over the six days to Wednesday midday, live data from ticketing platform Maoyan Entertainment […]
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(Reuters) – Opponents of Myanmar’s military coup gathered on Wednesday for what they hope will be a major show of opposition to the army’s assertion of public support for overthrowing elected leader Aung San Suu Kyi, despite its promise of new elections.A demonstrator takes part in a protest against the military coup in Yangon, Myanmar, February 17, 2021. REUTERS/StringerProtesters are […]
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MILWAUKEE (Reuters) – President Joe Biden expressed optimism on Tuesday that most U.S. schools would be open by late spring and vowed to continue accelerating the country’s COVID-19 vaccination program, as he sought to elevate his agenda now the drama of Donald Trump’s impeachment trial is over.Slideshow ( 3 images )In a wide-ranging televised town hall that touched on the […]
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TOKYO (Reuters) – Japan’s exports accelerated in January, led by a jump in Chinese demand, and manufacturers’ sentiment turned positive for the first time since 2019 signalling a gradual recovery from last year’s deep coronavirus slump.FILE PHOTO: An arm of Telexistence’s shelf-stacking avatar robot, designed to resemble a kangaroo and developed to work in a convenience store, is seen during […]
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SYDNEY (Reuters) – A five-day snap lockdown in Australia’s Victoria state will end on Wednesday, officials said as they reported no new cases in a cluster linked to a quarantine hotel in the city of Melbourne.A man walks past a ‘Please Stay Home’ sign on the first day of a five-day lockdown implemented in the state of Victoria in response […]
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Japan's exports rose 6.4% in January as compared with a year earlier, according to trade statistics released Wednesday by the country's Ministry of Finance. The benchmark 10-year Treasury yield jumped 9 basis points on Tuesday to top 1.3% — a level not seen since February 2020. The yield on the 10-year Treasury last stood at 1.3276%. Markets in mainland China […]
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(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications Inc and a $4.1 billion stake in oil company Chevron Corp.FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s […]
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