Iraq Exports Signal That It Missed Target to Lower Oil Output

Iraq’s crude oil exports were nearly unchanged in January, meaning the nation may have failed to meet its pledge to cut overall output to the lowest level in six years. OPEC’s biggest producer after Saudi Arabia exported 3.24 million barrels a day in January, which compares with December’s figure of 3.27 million, according to Bloomberg tanker tracking data. That would […]

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Billionaire Mark Cuban says Wall Street Bets is disrupting the financial elite: 'They want to change the game and kick their ass'

Mark Cuban said Wall Street Bets members are disrupting Wall Street’s old guard. The billionaire “Shark Tank” star said they’re applying lessons from crypto trading. “They want to change the game and kick their ass. Which they should and have every right to.” Visit Business Insider’s homepage for more stories. Day traders are shaking up the status quo by applying […]

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Vietnam shuts schools due to virus outbreak ahead of Lunar New Year

HANOI (Reuters) – Vietnam has shut schools in 22 provinces ahead of the Lunar New Year “Tet” holiday and ended a ruling Communist Party congress early on Monday following the detection of a new cluster of coronavirus cases in northern areas last week.FILE PHOTO: Medical workers in protective suits stand outside a quarantined building amid the coronavirus disease (COVID-19) outbreak […]

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Clariant chairman to go in compromise deal with SABIC

ZURICH (Reuters) – Clariant Chairman Hariolf Kottmann, who hailed the arrival of Saudi Arabia’s SABIC as the chemical maker’s top shareholder three years ago, became a casualty on Monday of a deal to try to patch up relations between the two sides.FILE PHOTO: Chief Executive Hariolf Kottmann of the Swiss specialty-chemical company Clariant addresses a news conference in Zurich, Switzerland […]

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Sterling strengthens on vaccine optimism, approaches 3-year high

* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv LONDON, Feb 1 (Reuters) – The British pound rose back towards its recent three-year high on Monday, boosted by a combination of heightened global risk appetite and optimism about the UK’s vaccine rollout. Riskier currencies gained against the dollar, which edged lower as global […]

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'Loved ones, not numbers': Inside a British funeral business as COVID deaths surge

LONDON (Reuters) – It was a normal busy winter for British funeral director Matthew Uden until the second week of January. “Then it was like someone flicked a switch,” he said.Friends and relatives of Eileen Anderson, who died from the coronavirus disease (COVID-19) pay their respects during her funeral service in the chapel at Beckenham Crematorium, amid the COVID-19 pandemic, […]

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